Westhaven Foundation Inc
- Assets
- $227.1k
- Revenue
- $167.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 10/2008
- Data as of
- 06/2021
- EIN
- 26-2449732
Organization Overview
Westhaven Foundation Inc is located in Franklin, TN. The organization was established in 2008. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westhaven 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 06/2021, Westhaven Foundation Inc generated $167.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $150.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 6 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
TO SERVE AS A LEADER, CATALYST AND RESOURCE FOR PHILANTHROPHY AND EDUCATION IN ORDER TO BUILD AND ENRICH CIVIC AND COMMUNITY LIFE FOR THE RESIDENTS OF WILLIAMSON COUNTY TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE AND COMPASSION FUND- THE FUND PROVIDES FINANCIAL ASSISTANCE IN EMERGENCY/CRISIS SITUATIONS TO WESTHAVEN RESIDENTS, EMPLOYEES OF WESTHAVEN BUSINESSES, AND OTHER SPECIAL NEEDS OF INDIVIDUALS.
FOUNDATION PARK- ACTIVE CONSTRUCTION OF THE NEW FOUNDATION PARK WHIICH PROVIDES NEIGHBORS WITH GREATER ACCESS AND ENJOYMENT NEXT TO THE WATERFRONT. THE PARK IS A PLACE FOR THE COMMUNITY TO COME TOGETHER IN A SPIRIT OF FUN, HEALTH , AND TOGETHERNESS.
TRAILS MAINTENANCE- FUNDS RAISED TO MAINTAIN OVER TEN MILES OF HIKING TRAILS WHICH ARE APART OF THE WESTHAVEN COMMUNITY.
THERE WERE MANY OTHER ACTIVITIES THAT BENEFITED THE CITIZENS OF WILLIAMSON COUNTY.
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 |
|---|---|---|---|
Krysia Rozanska Executive Director | Officer | 5 | $7,169 |
Kelly White Executive Director | Officer | 5 | $3,713 |
Matthew Magallanes Vice President | OfficerTrustee | 5 | $0 |
Jason Kaplan Vice President | OfficerTrustee | 5 | $0 |
Jeffery Carson President | OfficerTrustee | 10 | $0 |
Mark Mccuthceon Treasurer | OfficerTrustee | 15 | $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 | $157,812 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,812 |
| Total Program Service Revenue | $4,580 |
| Investment income | $1,022 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,541 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,500 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $167,455 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,961 |
| Grants and other assistance to domestic individuals. | $15,481 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,138 |
| Compensation of current officers, directors, key employees. | $11,138 |
| 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 | $0 |
| Fees for services: Accounting | $13,064 |
| 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 | $0 |
| Information technology | $1,653 |
| 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 | $7,804 |
| All other expenses | $12,695 |
| Total functional expenses | $150,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,381 |
| Savings and temporary cash investments | $26,328 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,333 |
| 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 | $185,071 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $227,113 |
| 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 | $227,113 |
| 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 | $227,113 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Westhaven Foundation Inc has recieved totaling $1,280.
| Awarding Organization | Amount |
|---|---|
Angel Corps Nashville, TN PURPOSE: GENERAL OPERATING SUPPORT | $1,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts & Science Council Charlotte Mecklenburg Inc Charlotte, NC | $42,519,495 | $11,600,726 |
Frist Art Museum Nashville, TN | $27,247,403 | $12,277,490 |
Professional Photographers Of America Inc Atlanta, GA | $48,960,545 | $12,325,076 |
Textile Rental Services Association Of America Inc Alexandria, VA | $12,660,390 | $5,781,606 |
Inda Association Of The Non Woven Fabrics Industry Cary, NC | $9,846,018 | $4,859,607 |
Andreas H Bechtler Arts Foundation Charlotte, NC | $39,434,021 | $2,461,495 |
Master Craftsmen Foundation Kansas City, MO | $0 | $269 |
Virginia Museum Of Contemporary Art Virginia Beach, VA | $2,164,198 | $3,254,466 |
Georgia Association Of Manufacturers Inc Atlanta, GA | $2,700,140 | $2,292,406 |
The Center For Craft Creativity & Design Inc Asheville, NC | $15,329,103 | $2,386,393 |
Forward Arts Foundation Inc Atlanta, GA | $5,240,641 | $1,648,904 |
Southern Highland Handicraft Guild Inc Asheville, NC | $7,206,278 | $2,199,830 |