Charles A Parcells Foundation
- Assets
- $173.7k
- Revenue
- $11.2k
- Investments
- $166.7k
- Employees
- 0
- Location
- Berkley, MI
- Founding
- 08/2000
- Data as of
- 12/2022
- EIN
- 38-3521926
Organization Overview
Charles A Parcells Foundation is located in Berkley, MI. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Charles A Parcells 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, Charles A Parcells Foundation generated $11.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $9.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Kathryn Parcells Pres/treas/director | 2 | $0 | |
David Parcells Sec/director | 1 | $0 | |
Frances Ann Benoit Vp/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,359 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,857 |
| Capital Gain Net Income | $8,857 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,216 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,601 |
| Contributions, gifts, grants paid | $8,000 |
| Total expenses and disbursements | $9,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,418 |
| Savings and temporary cash investments | $5,637 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $173,737 |
| Accounts payable and accrued expenses | $2,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,000 |
Grants Awarded
Over the last fiscal year, Charles A Parcells Foundation has awarded $9,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DRS WITHOUT BORDERS PURPOSE: CHARITABLE | $4,000 |
GLEANERS FOOD BANK PURPOSE: CHARITABLE | $5,000 |