Friends Of Blue Hole
- Assets
- $273.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wimberley, TX
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 20-3415046
Organization Overview
Friends Of Blue Hole is located in Wimberley, TX. The organization was established in 2006. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, 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. Friends Of Blue Hole 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 12/2023, Friends Of Blue Hole generated $67.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $28.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 8 years. 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
COMPLETED A WATER STUDY TO PROVIDE SUSTAINABLE WATER SUPPLY FOR THE PARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Weber President | 10 | $0 | |
Peter Way Director | 3 | $0 | |
Tevis Grinstead Director | 2 | $0 | |
Steve Klepfer Director | 2 | $0 | |
David Berman Director | 3 | $0 | |
Mel Hildebrandt Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,859 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $486 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,345 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,620 |
| Total expenses | $28,120 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $273,207 |
| Other assets | $0 |
| Total assets | $273,207 |
| Total liabilities | $0 |
| Net assets or fund balances | $273,207 |
Grants Awarded
Over the last fiscal year, Friends Of Blue Hole has awarded $16,450 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF WIMBERLEY TEXAS PURPOSE: Develop and maintain Blue Hole Regional Park owned by City of Wimberley, Texas | $6,450 |
UNITED STATES TENNIS ASSOCIATION - TEXAS SECTION PURPOSE: Return grant received for construction of tennis courts at Blue Hole Regional Park. Tennis courts not constructed. | $10,000 |