Barred Rock Fund Inc
- Assets
- $4.5m
- Revenue
- $52.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Jericho, VT
- Founding
- 05/2001
- Data as of
- 12/2021
- 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 12/2021, Barred Rock Fund Inc generated $52.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $392.7k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED WORK IN ECONOMIC AND COMMUNITY DEVELOPMENT PRIMARILY IN CHESTER, PA WORKING WITH DISADVANTAGED GROUPS. CONTINUED WORK IN OTHER REGIONS WORKING WITH ENTREPRENEURS PROVIDING OPPORTUNITY AND OWNERSHIP FOR MEMBERS OF DISADVANTAGED GROUPS.
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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 | $0 |
| Interest on Savings | $350 |
| 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 | $52,491 |
| Total Revenue | $52,841 |
| 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 | $644 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $16,962 |
| Printing and publications | $0 |
| Other expenses | $205,026 |
| Total operating and administrative expenses | $356,538 |
| Contributions, gifts, grants paid | $36,200 |
| Total expenses and disbursements | $392,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,948,253 |
| 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 | $1,868 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,254 |
| Other assets | $2,590,028 |
| Total assets | $4,542,557 |
| Accounts payable and accrued expenses | $22,668 |
| 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 | $22,668 |
Grants Awarded
Over the last fiscal year, Barred Rock Fund Inc has awarded $36,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: POLLUTIONREDUCTION | $25,000 |
ENERGY JUSTICE NETWORK PURPOSE: POLLUTIONREDUCTION | $10,000 |
Lakewood, CO PURPOSE: ENERGY JUSTICENETWORK | $1,000 |
Chester, PA PURPOSE: RACE AND CIVILRIGHTS PROGRAMS | $100 |
Media, PA PURPOSE: GENERALSUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brooklyn Navy Yard Development Corporation Brooklyn, NY | $543,633,704 | $68,378,369 |
Cent For Urban Community Svcs New York, NY | $78,734,129 | $72,768,234 |
The Community Preservation Corporation New York, NY | $1,407,109,282 | $65,839,600 |
Quincy Community Action Programs Inc Quincy, MA | $14,865,186 | $43,148,267 |
Westchester Community Opportunity Program Inc Elmsford, NY | $7,932,264 | $37,716,573 |
Community Crossroads Inc Atkinson, NH | $8,920,461 | $38,376,189 |
St Nicks Alliance Corp Brooklyn, NY | $44,353,994 | $35,596,992 |
National Council For Community Development Inc Brooklyn, NY | $24,193,687 | $38,165,020 |
The Community Action Organization Of Western New York Inc Buffalo, NY | $11,956,609 | $31,001,421 |
Community Action Pioneer Valley Inc Greenfield, MA | $7,969,732 | $29,838,934 |
Citizens For Citizens Inc Fall River, MA | $12,279,316 | $29,399,731 |
The Mayors Fund To Advance New York City New York, NY | $28,518,749 | $18,611,480 |