Ardent Community Trust Of Pennsylvania
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- King Of Prussia, PA
- Founding
- 02/2002
- Data as of
- 06/2024
- EIN
- 26-0002804
Organization Overview
Ardent Community Trust Of Pennsylvania is located in King Of Prussia, PA. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2024, Ardent Community Trust Of Pennsylvania employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ardent Community Trust Of Pennsylvania 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 06/2024, Ardent Community Trust Of Pennsylvania generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACT ADMINISTERS A POOLED SPECIAL NEEDS TRUST, INDIVIDUAL SPECIAL NEEDS TRUSTS AND COMPENSATORY EDUCATION TRUSTS FOR CHILDREN AND ADULTS WITH DISABILITIES. TRUSTS ARE ADMINISTERED IN ACCORDANCE WITH FEDERAL AND STATE LAW FOR THE SUPPLEMENTAL NEEDS OF BENEFICIARIES BEYOND BASIC CARE AND SUPPORT. ACT SERVES OVER 100 INDIVIDUAL BENEFICIARIES REGIONALLY. ACT ADMINISTERS TRUSTS THAT OFTEN TIMES ARE UNACCEPTABLE, TO FOR PROFIT ENTERPRISES, DUE TO SMALL SIZE OR CHALLENGING CIRCUMSTANCES, THUS PROVIDING SERVICES TO THOSE WITH DISABILITIES THAT ARE NOT OTHERWISE AVAILABLE. ACT EDUCATES INDIVIDUALS AND THEIR REPRESENTATIVES AND CAREGIVERS ON PLANNING FOR THEIR FINANCIAL FUTURE WITH GOALS OF ENHANCING THE DAILY LIVES OF DIABLED BENEFICIARIES, SECURING PAYMENTS FOR NECESSARY PRODUCTS OR SERVICES THAT MAY OTHERWISE NOT BE AFFORDABLE. WE PROTECT FUNDS FROM MISMANAGEMENT OR ABUSE WHILE MAINTAINING BENEFICIARIES ELIGIBLE FOR GOVERNMENT SERVICES AND BENEFITS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Steve Bennett President | OfficerTrustee | 1 | $0 |
Ms Eileen Macdonald Vice President | OfficerTrustee | 1 | $0 |
Mr Dan Samsel Treasurer | OfficerTrustee | 1 | $0 |
Ms Zofia Dripps Secretary | OfficerTrustee | 1 | $0 |
Pat Bergmaier Board Member | Trustee | 1 | $0 |
Jim Ruggiero Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,125,067 |
| Investment income | $40,081 |
| 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 | $1,166,236 |
| 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. | $150,731 |
| Compensation of current officers, directors, key employees. | $43,712 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $467,964 |
| Pension plan accruals and contributions | $13,057 |
| Other employee benefits | $66,747 |
| Payroll taxes | $49,732 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25 |
| Fees for services: Accounting | $110,308 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $141,888 |
| Fees for services: Other | $71,129 |
| Advertising and promotion | $0 |
| Office expenses | $47,534 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,933 |
| Travel | $1,705 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,343 |
| Insurance | $22,880 |
| All other expenses | $0 |
| Total functional expenses | $1,359,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,949 |
| Savings and temporary cash investments | $791,515 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $129,170 |
| 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 | $15,924 |
| Net Land, buildings, and equipment | $50,119 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $210,315 |
| Total assets | $1,255,992 |
| Accounts payable and accrued expenses | $66,038 |
| Grants payable | $0 |
| Deferred revenue | $9,589 |
| 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 | $210,585 |
| Total liabilities | $286,212 |
| Net assets without donor restrictions | $969,780 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,255,992 |