Peninsula Foundation Inc
- Assets
- $3.6m
- Revenue
- $963.0k
- Investments
- $390.7k
- Employees
- 0
- Location
- Peninsula, OH
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 31-1534973
Organization Overview
Peninsula Foundation Inc is located in Peninsula, OH. The organization was established in 1997. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peninsula 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 12/2022, Peninsula Foundation Inc generated $963.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $941.8k during the year ending 12/2022. While expenses have increased by 3.7% 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
PRESERVATION OF THE HERITAGE, MAINTAIN THE CHARACTER AND PROMOTE THE VITALITY OF PENINSULA THROUGH PRESERVATION, RESTORATION AND MAINTENANCE OF HISTORIC PROPERTIES
THE GAR HALL PROVIDES AN OPPORTUNITY FOR THE SURROUNDING COMMUNITY TO EXPERIENCE LIVE PERFORMANCES IN A HISTORICAL SETTING FROM THE LATE 19TH CENTURY. THE GAR HALL HAS BEEN RESTORED AND PRESERVED TO IS HISTORICAL CONTEXT AND PERFORMANCES ARE CONDUCTED IN MUCH THE SAME HALL THAT WAS USED IN HISTORICAL TIMES. IN ADDITION, HISTORICAL LECTURES AND OTHER EVENTS ARE CONDUCTED AT THE HALL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Harley Secretary | 2 | $0 | |
Karen Walters Executive Di | 40 | $67,418 | |
Adam Fleder Treasurer | 2 | $0 | |
John Debo Chair | 2 | $0 | |
William Dowling Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $367,703 |
| Interest on Savings | $9,220 |
| Dividends & Interest | $0 |
| Net Rental Income | $22,200 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $563,876 |
| Total Revenue | $962,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $67,418 |
| Other employee salaries and wages | $215,349 |
| Pension plans, employee benefits | $48,292 |
| Interest | $0 |
| Taxes | $80,107 |
| Depreciation | $86,328 |
| Occupancy | $59,113 |
| Travel, conferences, and meetings | $124 |
| Printing and publications | $0 |
| Other expenses | $358,716 |
| Total operating and administrative expenses | $941,761 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $941,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,478 |
| Savings and temporary cash investments | $433,315 |
| Net Accounts receivable | $9,552 |
| Net Pledges Receivable | $0 |
| Grants receivable | $2,500 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $910 |
| Prepaid expenses and deferred charges | $10,505 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,546,044 |
| Other assets | $36,365 |
| Total assets | $3,646,359 |
| Accounts payable and accrued expenses | $122,677 |
| Grants payable | $0 |
| Deferred revenue | $28,371 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $504,000 |
| Other liabilities | $18,097 |
| Total liabilities | $673,145 |