Arrow Lake Foundation
- Assets
- $222.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mt Pleasant, TN
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 30-0750380
Organization Overview
Arrow Lake Foundation is located in Mt Pleasant, TN. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arrow Lake 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 12/2022, Arrow Lake Foundation generated $375.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (45.9%) each year. All expenses for the organization totaled $1.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE THREE PILLARS OF THE FOUNDATION ARE HEALTH, EDUCATION, AND CONSERVATION. EDUCATION - THE ORGANIZATION HISTORICALLY HAS SUPPORTED MOUNT PLEASANT HIGH SCHOOL WITH THE EDUATION OF THE STUDENTS AND THEIR RELATED ACTIVITIES. THE ORGANIZATION ALSO HISTORICALLY SUPPORTS THE LOCAL BOY SCOUT TROOP TO ASSIST WITH RENOVATIONS OF THE SCOUT HUT THAT IS USED FOR MEETINGS AND ACTIVITIES.CONSERVATION - THE ORGANIZATION TRADITIONALLY PARTICIPATES WITH THE MT. PLEASANT ELEMENTARY SCHOOL IN EARTH DAY ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Sands President | 2 | $0 | |
Jared Sweeney Secretary | 2 | $0 | |
Michael Bogdan Director | 2 | $0 | |
Sara Cummins Director | 2 | $0 | |
Sonny Cummins Director | 2 | $0 | |
Donna Morency Exec. Dir/treas | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $375 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $375 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $84 |
| Other expenses | $375 |
| Total expenses | $1,309 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $222,247 |
| Other assets | $0 |
| Total assets | $222,347 |
| Total liabilities | $0 |
| Net assets or fund balances | $222,347 |