Frisbie Morbella Foundation
- Assets
- $1.4m
- Revenue
- $37.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Thompson Falls, MT
- Founding
- 01/2009
- Data as of
- 12/2023
- EIN
- 26-2448409
Organization Overview
Frisbie Morbella Foundation is located in Thompson Falls, MT. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frisbie Morbella 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 12/2023, Frisbie Morbella Foundation generated $37.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $3.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frisbie Morbella Foundation has awarded 97 individual grants totaling $636,839. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THOMPSON FALLS SCHOOL DISTRICT #2 PO BOX 129 THOMPSON FALLS MT 59873 NEW WEIGHT ROOM
THOMPSO FALLS SCHOOL DISTRICT #2 PO BOX 129 THOMPSON FALLS MT 59873 SOUND/PA SYSTEM
THOMPSON RIVER ANIMAL CARE SHELTER 3 MOUNTAIN MEADOW LN THOMPSON FALLS MT 59873 SERVICE TO COMMUNITY
CANCER NETWORK OF SANDERS COUNTY PO BOX 1311 PLAINS MT 59859 SERVICE TO COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Baxter Pres/director | 0 | $0 | |
Kate Baxter Sec/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,098 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,098 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $872 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $3,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,690 |
| Savings and temporary cash investments | $1,384,898 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,406,588 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $23,671 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,671 |
Grants Awarded
Over the last fiscal year, Frisbie Morbella Foundation has awarded $3,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THOMPSON FALLS SCHOOL DIST #2 PURPOSE: CHILDRENS THEATER | $500 |
TROUT CREEK COMMUNITY IMPROVEMENT ASSOC PURPOSE: COMMUNITY SUPPORT | $0 |
SANDERS COUNTY PURPOSE: COUNTY SCHOOL BACK PACK PROGRAM | $0 |
THOMPSON FALLS PICKLBALL CLUB PURPOSE: COMMUNITY SUPPORT | $0 |
THOMPSON FALLS SCHOOL DIST #2 PURPOSE: PEDIATRIC CANCER FUNDRAISER | $0 |
FLAT IRON QUILTING GUILD PURPOSE: COMMUNITY SUPPORT | $2,500 |