Harbors Edge Foundation Inc
- Assets
- $2.5m
- Revenue
- $144.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 09/2008
- Data as of
- 09/2021
- EIN
- 26-2260106
Organization Overview
Harbors Edge Foundation Inc is located in Norfolk, VA. The organization was established in 2008. According to its NTEE Classification (I11) the organization is classified as: Single Organization Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harbors Edge Foundation Inc 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 09/2021, Harbors Edge Foundation Inc generated $144.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $18.8k during the year ending 09/2021. 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 ORGANIZATION WAS FORMED EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING FORT NORFOLK RETIREMENT COMMUNITY, INC. ("FNRC") AND FURTHERING THE CHARITABLE PURPOSES OF FNRC BY IMPROVING THE LIVES OF PERSONS AGE 62 AND OLDER LIVING IN HAMPTON ROADS, VIRGINIA, BY (I) ENABLING SUCH PERSONS TO RESIDE AT THE CONTINUING CARE RETIREMENT COMMUNITY OWNED AND OPERATED BY FNRC, OR SIMILAR FACILITIES, (II) ENABLING SUCH PERSONS WHO ARE IDENTIFIED AS THOSE NEEDING ASSISTANCE TO RESIDE AT QUALITY ASSISTED LIVING FACILITIES OR SKILLED NURSING FACILITIES, (III) ENABLING SUCH PERSONS TO PARTICIPATE IN QUALITY PROGRAMS OFFERING SERVICES DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL OR HEALTH NEEDS OF SUCH PERSONS AND/OR (IV) MAKING GRANTS TO CHARITABLE ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE THAT PROVIDE HOUSING AND/OR SERVICES DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL OR HEALTH NEEDS OF SUCH PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARBOR'S EDGE FOUNDATION MADE GRANTS TO VARIOUS CHARITIES TO SUPPORT THEIR GENERAL OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Leafe Chairman | OfficerTrustee | 1 | $0 |
Peter Griffin Secretary | OfficerTrustee | 1 | $0 |
Robert Heely Executive Dir. | OfficerTrustee | 1 | $0 |
Tim Coyle Director | Trustee | 1 | $0 |
Kirkland Kelley Director | Trustee | 1 | $0 |
Linda Lilly Director | 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 | $67,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,340 |
| Total Program Service Revenue | $0 |
| Investment income | $48,759 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,582 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,681 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,719 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,224 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,636 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $18,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,722 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,029,009 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,423,633 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,460,364 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,431,264 |
| Net assets with donor restrictions | $1,029,100 |
| 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 | $2,460,364 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Harbors Edge Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Robert And Dorothy Doumar Foundation Norfolk, VA PURPOSE: FOR ASSISTANCE TO NEEDY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Davidson County Public Facilities Corporation Lexington, NC | $78,245,000 | $2,606,950 |
Friends Of The Legal Services Corporation Washington, DC | $10,502,686 | $2,210,625 |
Virginia Beach Rescue Squad Foundation Inc Virginia Beach, VA | $18,609,784 | $1,429,433 |
Washington D C Police Foundation Washington, DC | $1,296,863 | $1,719,079 |
Mecklenburg Bar Foundation Charlotte, NC | $4,206,674 | $398,083 |
Japanese-American Friends Of Law Enforcement Foundation Washington, DC | $3,269,822 | $165,017 |
District Of Columbia Access Tojustice Foundation Washington, DC | $256,965 | $0 |
Alexandria Police Foundation Alexandria, VA | $126,131 | $60,103 |
North Carolina State Bar Foundation Inc Raleigh, NC | $1,618,075 | $309,833 |
Harford County Sheriffs Foundation Inc Bel Air, MD | $229,878 | $211,813 |
One Hundred Club Of Memphis Memphis, TN | $323,657 | $0 |
Friends Of Sullivan County Sheriffs Office Kingsport, TN | $0 | $0 |