Pennington Group
- Assets
- $212.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 06/1994
- Data as of
- 06/2023
- EIN
- 03-0340655
Organization Overview
Pennington Group is located in Burlington, VT. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennington Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Pennington Group generated $58.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $75.4k during the year ending 06/2023. While expenses have increased by 3.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO ESABLISH AND OPERATE A GROUP HOME FOR PERSONS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Mcguire President | 1 | $0 | |
Carrie Hathaway Vice President | 1 | $0 | |
Penny Johnson Treasurer | 1 | $0 | |
Lucy Mallon Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $58,499 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,499 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,979 |
| Occupancy, rent, utilities, and maintenance | $58,234 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,222 |
| Total expenses | $75,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,387 |
| Other assets | $0 |
| Total assets | $212,162 |
| Total liabilities | $289,646 |
| Net assets or fund balances | -$77,484 |