Wood Lane Foundation Inc
- Assets
- $149.0k
- Revenue
- $424.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Bowling Green, OH
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 31-1529113
Organization Overview
Wood Lane Foundation Inc is located in Bowling Green, OH. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wood Lane 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, Wood Lane Foundation Inc generated $424.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $823.7k during the year ending 12/2021. 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 SUPPORT THE DEVELOPMENTALLY DISABLED COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION TRUSTEES APPROVE GRANTS AND EDUCATION AWARDS THAT BENEFIT APPROXIMATELY 2,000 RESIDENTS OF WOOD COUNTY, OH WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES. MONIES ARE USED TO SUPPORT ACTIVITIES THAT ENRICH THE QUALITY OF LIFE FOR THESE RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Lowry President | OfficerTrustee | 0.5 | $0 |
Lori Tretter Vice President | OfficerTrustee | 0.5 | $0 |
Darlene Petkwitz Secretary | OfficerTrustee | 0.5 | $0 |
Clint Corpe Board Member | Trustee | 0.5 | $0 |
Judith Conda Board Member | Trustee | 0.5 | $0 |
Martha Wolke Board Member | Trustee | 0.5 | $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 | $423,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $423,879 |
| Total Program Service Revenue | $0 |
| Investment income | $693 |
| 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 | $424,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $819,904 |
| 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 | $1,118 |
| Fees for services: Accounting | $847 |
| 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 | $58 |
| Information technology | $0 |
| 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 | $1,187 |
| All other expenses | $0 |
| Total functional expenses | $823,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,474 |
| Savings and temporary cash investments | $94,528 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $149,002 |
| 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 | $0 |
| 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 | $149,002 |
| Total liabilities and net assets/fund balances | $149,002 |
Grants Awarded
Over the last fiscal year, Wood Lane Foundation Inc has awarded $832,953 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ROTARY COMMUNITY PARK PERRYSBURG | | | $814,904 |
WOOD COUNTY BOARD OF DD | | | $13,049 |
Perrysburg, OH | | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wood Lane Foundation Inc has recieved totaling $42,499.
| Awarding Organization | Amount |
|---|---|
Toledo Community Foundation Toledo, OH PURPOSE: ANNUAL DISTRIBUTION, TO GRANT REQUESTS FOR PROGRAMMING TO BENEFIT INDIVIDUALS IN WOOD COUNTY WITH DEVELOPMENTAL DISABILITIES, GENERAL RESPITE CARE SERVICES. | $42,464 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Northeast Michigan Community Service Agency Inc Alpena, MI | $18,757,719 | $61,175,867 |
Graceworks Lutheran Services Dayton, OH | $148,547,516 | $59,310,713 |
Stepforward Cleveland, OH | $18,985,030 | $54,230,994 |
Cincinnati-Hamilton County Community Action Agency Cincinnati, OH | $18,344,887 | $51,573,356 |
Catholic Charities Corporation Cleveland, OH | $62,419,322 | $52,175,078 |
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |