Leeward Charitable Foundation Inc
- Assets
- $1.1m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Salisbury, MA
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 26-4133421
Organization Overview
Leeward Charitable Foundation Inc is located in Salisbury, MA. The organization was established in 2009. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 12/2021, Leeward Charitable Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leeward Charitable 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 12/2021, Leeward Charitable Foundation Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Leeward Charitable Foundation Inc has awarded 30 individual grants totaling $274,502. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LEEWARD CHARITABLE FOUNDATION, INC. OPERATES 2 CHARITABLE THRIFT STORES MASSACHUSETTS AND MAINE TO RECYCLE, REUSE AND RENEW FOR CHARITY IN ORDER TO ACHIEVE THEIR GOAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEEWARD CHARITABLE FOUNDATION THROUGH ITS OPERATIONS HELPS TO PROVIDE MUCH ASSISTANCE TO LOCAL COMMUNITY ORGANIZATIONS THAT FEED, CLOTHE AND SHELTER STRUGGLING FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Werner President | OfficerTrustee | 40 | $54,332 |
Shauna Werner Vice President | OfficerTrustee | 32 | $48,490 |
Kenneth Massone Secretary | OfficerTrustee | 2 | $0 |
Thomas Gilligan Treasurer | OfficerTrustee | 2 | $0 |
John Mcquaid Director | Trustee | 2 | $0 |
John Wallace Director | Trustee | 2 | $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 | $2,517 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,517 |
| Total Program Service Revenue | $1,585,371 |
| Investment income | $0 |
| 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 | $1,587,888 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,196 |
| 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 | $632,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,510 |
| Payroll taxes | $50,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $400 |
| Office expenses | $4,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,672 |
| Travel | $1,351 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,363 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,442 |
| Insurance | $2,226 |
| All other expenses | $197,064 |
| Total functional expenses | $1,148,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $744,683 |
| Savings and temporary cash investments | $0 |
| 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 | $31,808 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $335,137 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,272 |
| Total assets | $1,114,900 |
| Accounts payable and accrued expenses | $1,744 |
| 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 | $203,972 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $205,716 |
| Net assets without donor restrictions | $909,184 |
| 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 | $1,114,900 |
Grants Awarded
Over the last fiscal year, Leeward Charitable Foundation Inc has awarded $60,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Salisbury, MA PURPOSE: Food Support | $10,000 |
Amesbury, MA PURPOSE: 04-3287827 | $10,000 |
Haverhill, MA PURPOSE: Food Support | $10,000 |
Amesbury, MA PURPOSE: Food Support | $10,000 |
Amesbury, MA PURPOSE: Food Support | $10,000 |
Sanford, ME PURPOSE: Food Support | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Leeward Charitable Foundation Inc has recieved totaling $48.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Auxiliary Services Inc Plattsburgh, NY | $10,944,939 | $10,630,760 |
Housing Works Thrift Shop Inc Brooklyn, NY | $24,908,354 | $9,982,501 |
Wellspring Inc Hull, MA | $3,076,333 | $2,143,691 |
Housing Works Used Book Cafe Inc Brooklyn, NY | $1,257,687 | $417,079 |
Leeward Charitable Foundation Inc Salisbury, MA | $1,114,900 | $1,587,888 |
Waste-Not-Want-Not Inc New York, NY | $85,775 | $905,044 |
Vintage Thrift Shop Corporation New York, NY | $949,773 | $1,175,007 |
Hospital Thrift Shop Nantucket, MA | $873,056 | $917,813 |
Ridgefield Thrift Shop Inc Ridgefield, CT | $812,308 | $908,350 |
Barristers Book Shop South Royalton, VT | $588,614 | $671,375 |
Cure Thrift Inc New York, NY | $155,357 | $464,737 |
Shelburne Charlotte Hinesburg Interfaith Projects Inc Shelburne, VT | $270,618 | $424,765 |