Forges Foundation Inc
- Assets
- $4.5m
- Revenue
- $1.5m
- Investments
- $847.2k
- Employees
- 0
- Location
- Plymouth, MA
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 04-3572545
Organization Overview
Forges Foundation Inc is located in Plymouth, MA. The organization was established in 2002. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forges Foundation 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, Forges Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 38.3% each year . All expenses for the organization totaled $11.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan N Withington President | 2 | $0 | |
Ellis B Withington Director | 0.5 | $0 | |
Michael L Withington Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paul Whipple | 12/30/21 | $117,748 |
Double R Excavating Inc | 12/30/21 | $54,364 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $895,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,751 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $537,739 |
| Capital Gain Net Income | $537,739 |
| Net ST Capital Gain | $92,221 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,474,490 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,699 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,055 |
| Total operating and administrative expenses | $11,884 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $11,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,518 |
| Savings and temporary cash investments | $2,415,250 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,145,946 |
| Other assets | $0 |
| Total assets | $4,496,929 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Forges Foundation Inc has awarded $22,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Plymouth, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Plymouth, MA PURPOSE: GENERAL SUPPORT | $10,000 |
PLYMOUTH POLICE PURPOSE: GENERAL SUPPORT | $1,000 |
PLYMOUTH POLICE PURPOSE: GENERAL SUPPORT | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Forges Foundation Inc has recieved totaling $550,000.
| Awarding Organization | Amount |
|---|---|
Mary Elizabeth Pearce Foundation Tr Plymouth, MA PURPOSE: GENERAL SUPPORT | $200,000 |
Henry Hornblower Fund Inc Plymouth, MA PURPOSE: GENERAL SUPPORT | $150,000 |
Roberta M Childs Charitable Foundation Plymouth, MA PURPOSE: GENERAL | $150,000 |
Gardinor-Prunaret Foundation Plymouth, MA PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peconic Land Trust Incorporated Southampton, NY | $410,120,179 | $28,476,857 |
Mohonk Preserve Inc Gardiner, NY | $30,184,686 | $5,297,527 |
Agricultural Stewardship Association Greenwich, NY | $3,423,343 | $3,521,538 |
The Finger Lakes Land Trust Inc Ithaca, NY | $33,932,196 | $4,821,991 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Dutchess Land Conservancy Inc Millbrook, NY | $16,962,205 | $4,488,618 |
Adirondack Council Inc Elizabethtown, NY | $8,899,831 | $2,663,124 |
Columbia Land Conservancy Inc Chatham, NY | $23,284,051 | $2,528,092 |
New York Agricultural Land Trustinc Elbridge, NY | $698,966 | $2,745,759 |
Westchester Land Trust Inc Bedford Hills, NY | $25,402,235 | $3,018,345 |
American Freinds Of Canadian Nature Inc Buffalo, NY | $2,481,622 | $3,362,355 |
Western New York Land Conservancy Inc East Aurora, NY | $10,971,191 | $3,457,489 |