Punxsutawney Groundhog Club
- Assets
- $1.1m
- Revenue
- $185.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Punxsutawney, PA
- Founding
- 10/2008
- Data as of
- 12/2021
- EIN
- 25-1428113
Organization Overview
Punxsutawney Groundhog Club is located in Punxsutawney, PA. The organization was established in 2008. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Punxsutawney Groundhog Club employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Punxsutawney Groundhog Club 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, Punxsutawney Groundhog Club generated $185.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $118.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 5 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CORPORATION SHALL BE TO PROMOTE THE INTEREST OF THE BOROUGH OF PUNXSUTAWNEY AND THE LEGEND OF PUNXSUTAWNEY PHIL BY MAKING KNOWN TO THE WORLD AT LARGE THAT GROUNDHOG, PUNXSUTAWNEY PHIL, RESIDING AT GOBBLER'S KNOB IN PUNXSUTAWNEY, PA, IS THE ONLY AUTHENTIC AND RELIABLE WEATHER PROGNOSTICATOR IN THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE CORPORATION SHALL BE TO PROMOTE THE INTEREST OF THE BOROUGH OF PUNXSUTAWNEY AND THE LEGEND OF PUNXSUTAWNEY PHIL BY MAKING KNOWN TO THE WORLD AT LARGE THAT GROUNDHOG, PUNXSUTAWNEY PHIL, RESIDING AT GOBBLER'S KNOB IN PUNXSUTAWNEY, PA, IS THE ONLY AUTHENTIC AND RELIABLE WEATHER PROGNOSTICATOR IN THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcy Galando Executive Di | Trustee | 35 | $31,082 |
Patrick Casaday Director | Trustee | $0 | |
Aj Derume Director | Trustee | 3 | $0 |
Thomas Dunkle President | OfficerTrustee | 5 | $0 |
Josh Farcus Director | Trustee | 2 | $0 |
Rob Gemmel Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,364 |
| Investment income | $48 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,358 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,038 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $39,137 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $185,121 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $12,437 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,704 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,963 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $137 |
| Office expenses | $6,497 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,049 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,020 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,037 |
| Insurance | $4,026 |
| All other expenses | $0 |
| Total functional expenses | $117,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,198 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $118,248 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,615 |
| Total assets | $1,055,419 |
| Accounts payable and accrued expenses | $3,024 |
| 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 | $69,853 |
| Other liabilities | $0 |
| Total liabilities | $72,877 |
| Net assets without donor restrictions | $967,536 |
| Net assets with donor restrictions | $15,006 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $982,542 |