Paulding County Area Fdtn-Marshall Memorial Supporting Fdtn is located in Paulding, OH. The organization was established in 2001. According to its NTEE Classification (K12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Paulding County Area Fdtn-Marshall Memorial Supporting Fdtn employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paulding County Area Fdtn-Marshall Memorial Supporting Fdtn 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 06/2021, Paulding County Area Fdtn-Marshall Memorial Supporting Fdtn generated $353.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $140.2k during the year ending 06/2021. While expenses have increased by 3.4% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HOLD FARMLANDS AND USE THE REVENUES TO CONDUCT A CHARITABLE LOAN SUBSIDY PROGRAM TO ASSIST YOUNG FARMERS IN PAULDING COUNTY THEREBY FURTHERING THE CHARITABLE OBJECTIVE OF THE PAULDING COUNTY AREA FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PROGRAM IS TO SUPPORT YOUNG FARMERS. IN ORDER TO DO THIS, A LOAN INTEREST SUBSIDY PROGRAM IS IN PLACE TO ASSIST YOUNG FARMERS WITH BORROWING CAPITAL NECESSARY TO ENTER INTO THE BUSINESS OF FARMING OR TO CONTINUE FARMING. THE AMOUNT OF LOANS WITH THE INTEREST SUBSIDIZED UNDER THIS PROGRAM AS OF THE PAST FIVE FISCAL YEARS IS: 480,000 AS OF 6- 30-2017, 775,000 AS OF 6-30-2018, 911,000 AS OF 6-30-2019, 961,000 AS OF 6-30-2020 AND 922,000 AS OF 6-30-2021.
TO RAISE AWARENESS OF THE YOUNG FARMER LOAN PROGRAM AND TO ASSIST WITH EDUCATION EFFORTS FOR YOUNG FARMERS WHO ARE OR WILL POTENTIALLY BE FUTURE PARTICIPANTS IN THE YOUNG FARMER LOAN PROGRAM, THE ORGANIZATION MAKES DONATIONS TO AREA PROGRAMS THAT BENEFIT YOUNG FARMERS IN THE PAULDING COUNTY, OHIO AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Mcclure Executive Di | Officer | 20 | $50,000 |
Richard Swary Treasurer | OfficerTrustee | 2 | $0 |
Jason Thornell President | OfficerTrustee | 2 | $0 |
Dan Schutt Vice-Preside | OfficerTrustee | 2 | $0 |
Tammy Johanns Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $110,944 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $224,271 |
Net Gain/Loss on Asset Sales | $6,962 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $353,889 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $29,321 |
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 to disqualified persons | $0 |
Other salaries and wages | $54,778 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,191 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,541 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $815 |
Office expenses | $282 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,059 |
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 | $6,190 |
Insurance | $1,022 |
All other expenses | $0 |
Total functional expenses | $140,174 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $222,437 |
Savings and temporary cash investments | $490,726 |
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 |
Investments—publicly traded securities | $371,819 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $949,671 |
Total assets | $4,606,304 |
Accounts payable and accrued expenses | $1,613 |
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 | $10,875 |
Other liabilities | $8,113 |
Total liabilities | $20,601 |
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 |
Total liabilities and net assets/fund balances | $4,585,703 |
Over the last fiscal year, Paulding County Area Fdtn-Marshall Memorial Supporting Fdtn has awarded $19,908 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
GROVER HILL FIRE DEPARTMENT PURPOSE: PORTABLE JAWS OF LIF | $11,725 |
Paulding, OH PURPOSE: AGRICULTURAL FAIR | $8,183 |
Organization Name | Assets | Revenue |
---|---|---|
Ashland County Junior Fair Sale And Market Committee Ashland, OH | $49,504 | $997,396 |
Pennsylvania Friends Of Agriculture Foundation Camp Hill, PA | $1,047,373 | $1,173,919 |
Paulding County Area Fdtn-Marshall Memorial Supporting Fdtn Paulding, OH | $4,606,304 | $353,889 |
Izzo Legacy East Lansing, MI | $476,296 | $540,661 |
Giving2grow Inc Pittsburgh, PA | $4,306 | $0 |
Cassanos Cares Foundation Dayton, OH | $53,666 | $0 |
A Recipe To End Hunger And Need Inc Louisville, KY | $34,443 | $0 |
Wood County Clover Legacy Foundation Bowling Green, OH | $184,755 | $0 |
Events For Good Inc Saugatuck, MI | $15,303 | $32,801 |
All-American Dairy Foundation Inc Millerstown, PA | $302,455 | $5,778 |
Fair Food Fund Ann Arbor, MI | $3,114,911 | $879,097 |
Ohio Grocers Foundation Columbus, OH | $65,420 | $15,239 |