Peabody Home Foundation Inc
- Assets
- $5.7m
- Revenue
- $269.3k
- Investments
- $0.0
- Employees
- 0
- Location
- North Manchester, IN
- Founding
- 12/1980
- Data as of
- 12/2021
- EIN
- 31-0994072
Organization Overview
Peabody Home Foundation Inc is located in North Manchester, IN. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Peabody Home 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, Peabody Home Foundation Inc generated $269.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $229.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 7 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
PEABODY HOME FOUNDATION, INC. ASSISTS IN THE ACCOMPLISHMENT OF THE PURPOSES AND OBJECTIVES OF THE PEABODY RETIREMENT COMMUNITY, A RELATED TAX-EXEMPT ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PEABODY HOME FOUNDATION (PHF) WAS FORMED TO PROVIDE BENEVOLENT SERVICES TO RESIDENTS OF THE PEABODY RETIREMENT COMMUNITY (PRC), A RELATED TAX-EXPEMT ORGANIZATION, WHOSE FINANCIAL MEANS COULD NO LONGER COVER THE ENTIRE COST OF THEIR CARE. PHF PROVIDES GRANTS AND EXPENDITURES FOR RETIREMENT AND HEALTH CARE SERVICES TO THE ELDERLY AND ILL THROUGH THE PEABODY RETIREMENT COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Moore President | OfficerTrustee | 1 | $0 |
Stephan Zahn Treasurer | OfficerTrustee | 1 | $0 |
Joan Younce Vice President-Term Ended May'21 | OfficerTrustee | 1 | $0 |
Gary Friend Director Of Finance | Officer | 1 | $0 |
Rod Craft Executive Director | Officer | 1 | $0 |
Albert Schlitt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,146 |
| Total Program Service Revenue | $0 |
| Investment income | $169,193 |
| 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 | -$1 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $269,338 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $205,606 |
| 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 | $0 |
| Fees for services: Accounting | $3,445 |
| 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 | $299 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,090 |
| 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 | $17,572 |
| Total functional expenses | $229,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,575 |
| Savings and temporary cash investments | $148,130 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $733 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,774 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,900,205 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $629,854 |
| Total assets | $5,692,271 |
| Accounts payable and accrued expenses | $74,209 |
| 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 | $74,209 |
| Net assets without donor restrictions | $2,471,934 |
| Net assets with donor restrictions | $3,146,128 |
| 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 | $5,692,271 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peabody Home Foundation Inc has recieved totaling $196.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $196 |
Endowment Analysis
| Beg. Balance | $3,739,042 |
| Earnings | $609,163 |
| Net Contributions | $100,146 |
| Other Expense | $23,406 |
| Grants | $205,606 |
| Ending Balance | $4,219,339 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |