Wildacres Retreat
- Assets
- $2.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 37
- Location
- Charlotte, NC
- Founding
- 10/1977
- Data as of
- 12/2022
- EIN
- 23-7148151
Organization Overview
Wildacres Retreat is located in Charlotte, NC. The organization was established in 1977. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Wildacres Retreat employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wildacres Retreat 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, Wildacres Retreat generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WILDACRES RETREAT OPERATES A CONFERENCE CENTER TO PROVIDE FACILITIES AND MEALS FOR RELIGIOUS CIVIC AND CULTURAL GROUPS WHO ARE INTERESTED IN THE BETTERMENT OF MANKIND AND HUMAN RELATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WILDACRES RETREAT OPERATES A CONFERENCE CENTER. PROGRAM SERVICE ACTIVITY OR PURPOSE: TO PROVIDE FACILITIES AND MEALS TO RELIGIOUS ,CIVIC AND CULTURAL GROUPS WHO ARE INTERESTED IN THE BETTERMENT OF MANKIND AND HUMAN RELATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Blumenthal President | Officer | 40 | $0 |
Volunteer Board Of Directors None | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,353 |
| All other contributions, gifts, grants, and similar amounts not included above | $684,875 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $724,228 |
| Total Program Service Revenue | $714,373 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,438,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $666,914 |
| Pension plan accruals and contributions | $13,336 |
| Other employee benefits | $48,898 |
| Payroll taxes | $71,307 |
| Fees for services: Management | $9,306 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $51,914 |
| Information technology | $15,043 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,261 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,079 |
| Insurance | $131,199 |
| All other expenses | $16,087 |
| Total functional expenses | $1,535,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,166 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,935 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,524 |
| Prepaid expenses and deferred charges | $850 |
| Net Land, buildings, and equipment | $2,008,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,102,073 |
| Accounts payable and accrued expenses | $64,342 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $64,342 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,037,731 |
| Total liabilities and net assets/fund balances | $2,102,073 |