Logan County Park And Trails Foundation
- Assets
- $5.8m
- Revenue
- $404.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, IL
- Founding
- 02/1970
- Data as of
- 12/2022
- EIN
- 23-7041808
Organization Overview
Logan County Park And Trails Foundation is located in Lincoln, IL. The organization was established in 1970. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Logan County Park And Trails 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 12/2022, Logan County Park And Trails Foundation generated $404.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $321.9k during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
OPERATION OF PUBLIC PARK AND CONSERVATION AREAS. SCHEDULE OF STATISTICS ATTACHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olivia Scully Director | 0.1 | $0 | |
Jim Struebing Director | 0.1 | $0 | |
Mike Booher Director | 0.1 | $0 | |
Kevin Hunter Director | 0.1 | $0 | |
Ron Klokkenga Director | 0.1 | $0 | |
Paula Scully Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $965 |
| Interest on Savings | $69,483 |
| Dividends & Interest | $0 |
| Net Rental Income | $230,648 |
| Net Gain on Sale of Assets | -$736 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37,027 |
| Total Revenue | $404,476 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $72,031 |
| Pension plans, employee benefits | $1,560 |
| Interest | $695 |
| Taxes | $10,673 |
| Depreciation | $101,370 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $133,523 |
| Total operating and administrative expenses | $319,852 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $321,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,870 |
| Savings and temporary cash investments | $2,444,648 |
| 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 | $1,720,920 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,664,287 |
| Other assets | $0 |
| Total assets | $5,843,725 |
| 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 | $1,876 |
| Total liabilities | $1,876 |
Grants Awarded
Over the last fiscal year, Logan County Park And Trails Foundation has awarded $4,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HERRICK WILDLIFE RESCUE PURPOSE: DONATION FOR FOSTERING BABY FAWN | $250 |
CENTRAL ILLINOIS VETERANS COMMISSION PURPOSE: DONATION MADE IN NAME OF RETIRED PARK RANGER | $2,000 |
HERRICK WILDLIFE RESCUE PURPOSE: DONATION FOR FOSTERING BABY FAWN | $250 |
CENTRAL ILLINOIS VETERANS COMMISSION PURPOSE: DONATION MADE IN NAME OF RETIRED PARK RANGER | $2,000 |