Telford Area Community Aid Foundation
- Assets
- $98.8k
- Revenue
- $3.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Washington, PA
- Founding
- 10/1986
- Data as of
- 12/2023
- EIN
- 23-2422217
Organization Overview
Telford Area Community Aid Foundation is located in Fort Washington, PA. The organization was established in 1986. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Telford Area Community Aid Foundation 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, Telford Area Community Aid Foundation generated $3.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $12.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Telford Area Community Aid Foundation has awarded 96 individual grants totaling $222,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TACAF'S MISSION IS TO CONTRIBUTE TO THE BETTERMENT OF THE BOROUGH OF TELFORD AND SURROUNDING COMMUNITIES BY ASSISTING GOVERNMENTAL BODIES AND PUBLIC 501(C)(3) ORGANIZATIONS IN MAKING PERMANENT IMPROVEMENTS FOR USE BY THE GENERAL PUBLIC (OPEN SPACE, PARKS & REC, ETC).
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTE TO THE BETTERMENT OF THE BOROUGH OF TELFORD AND SURROUNDING COMMUNITIES BY ASSISTING GOVERNMENTAL BODIES AND OTHER PUBLIC 501 (C) (3) ORGANIZATIONS IN MAKING PERMANENT IMPROVEMENTS FOR USE BY THE GENERAL PUBLIC (OPEN SPACE, PARKS & REC, ETC)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Little President | 1 | $0 | |
Denise Wenhold Secretary | 2 | $0 | |
Scott Landis Treasurer | 1 | $0 | |
Justin Martin Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,122 |
| 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 | $0 |
| Total Revenue | $3,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,342 |
| Contributions, gifts, grants paid | $10,500 |
| Total expenses and disbursements | $12,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $98,785 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $98,785 |
| 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, Telford Area Community Aid Foundation has awarded $10,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
DOCK MENONITE ACADEMY PURPOSE: TO ASSIST THE ORGANIZATION IN ITS EFFORTS TO PROVIDE EDUCATION IN A FAITH BASED SETTING | $1,000 |
INDIAN VALLEY BOYS & GIRLS CLUB PURPOSE: TO ASSIST THE ORGANIZATION IN PROVIDING PROGRAMS TO YOUTH IN THE INDIAN VALLEY AREA | $1,000 |
KEYSTONE OPPORTUNITY CENTER PURPOSE: TO ASSIST THE ORGANIZATION IN PROVIDING EDUCATIONAL AND SOCIAL SERVICES TO INDIVIDUALS IN THE SOUDERTON-TELFORD AREA | $1,000 |
MONGOMERY COUNTY SPCA PURPOSE: TO ASSIST THE ORGANIZATION OPERATE ITS ANIMAL SHELTERS IN THE MONTGOMERY COUNTY AREA | $1,000 |
PENN FOUNDATION PURPOSE: TO ASSIST THE ORGANIZATION WITH ITS CAMP MARIPOSA PROGRAM WHICH ASSISTS THOSE SUFFERING FROM SOME TYPE OF ADDICTION | $1,000 |
PENNRIDGE FISH ORGANIZATION PURPOSE: TO ASSIST THE ORGANIZATION IN ADDRESSING FOOD SECURITY AND HOMELESSNESS ISSUES IN THE PENNRIDGE AREA | $1,000 |