The Broughton Foundation is located in Marietta, OH. The organization was established in 1991. 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. Broughton 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, Broughton Foundation generated $622.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 49.6% each year . All expenses for the organization totaled $153.1k during the year ending 12/2022. While expenses have increased by 22.0% per year over the past 8 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BROUGHTON FOUNDATION'S MAJOR ACTIVITY IS THE MAINTENANCE PRESERVATION, AND OPERATION OF THE BROUGHTON NATURE & WILDLIFE EDUCATION AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George W Broughton Chairman | 5 | $0 | |
George Banziger Board Member | 0 | $0 | |
Leight Murray Board Member | 0 | $0 | |
Jeff Welch Treasurer | 0 | $0 | |
Mary Broughton Trustee | 0 | $0 | |
Jim Huggins Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $562,342 |
Interest on Savings | $2,982 |
Dividends & Interest | $4,481 |
Net Rental Income | $49,646 |
Net Gain on Sale of Assets | -$2,067 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $4,655 |
Total Revenue | $622,039 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $7,300 |
Pension plans, employee benefits | $0 |
Interest | $7,054 |
Taxes | $13,653 |
Depreciation | $41,874 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $47,824 |
Total operating and administrative expenses | $153,113 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $153,113 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $34,370 |
Net Accounts receivable | $7,103 |
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 | $3,841 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $285,889 |
Net Land, buildings, and equipment | $1,977,370 |
Other assets | $0 |
Total assets | $2,308,573 |
Accounts payable and accrued expenses | $16,838 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $151,500 |
Other liabilities | $0 |
Total liabilities | $168,338 |