Barred Rock Fund Inc
- Assets
- $4.4m
- Revenue
- $60.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Jericho, VT
- Founding
- 05/2001
- Data as of
- 12/2022
- EIN
- 03-0368445
Organization Overview
Barred Rock Fund Inc is located in Jericho, VT. The organization was established in 2001. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barred Rock Fund Inc 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 12/2022, Barred Rock Fund Inc generated $60.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $215.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED SUCCESS WORKING WITH LOCAL ARTISTS TO BUILD AN ARTS DISTRICT IN A SEVERELY DISADVANTAGED COMMUNITY, CHESTER, PA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Lacy President | 40 | $80,000 | |
Judy Wicks Vice President | 0.25 | $0 | |
Ben Cohen Chairman | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,600 |
| Interest on Savings | $1,134 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38,764 |
| Total Revenue | $60,498 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $20,000 |
| Interest | $0 |
| Taxes | $6,120 |
| Depreciation | $953 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $26,954 |
| Printing and publications | $339 |
| Other expenses | $42,855 |
| Total operating and administrative expenses | $186,464 |
| Contributions, gifts, grants paid | $28,927 |
| Total expenses and disbursements | $215,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,091,356 |
| Net Accounts receivable | $154 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $113,956 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,389 |
| Other assets | $3,180,173 |
| Total assets | $4,390,028 |
| Accounts payable and accrued expenses | $25,032 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $25,032 |
Grants Awarded
Over the last fiscal year, Barred Rock Fund Inc has awarded $29,127 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNTOURS FOUNDATION PURPOSE: GENERAL SUPPORT | $500 |
CHESTER CULTURAL ARTS & TECHNOLOGY CENTER PURPOSE: GENERAL SUPPORT | $16,000 |
FREEDMENS ARTS ALLIANCE INC PURPOSE: GENERAL SUPPORT | $12,627 |