Lovett Pinetum Charitable Foundation is located in Strafford, MO. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lovett Pinetum Charitable 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 11/2023, Lovett Pinetum Charitable Foundation generated $549.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 46.8% each year . All expenses for the organization totaled $551.4k during the year ending 11/2023. While expenses have increased by 6.1% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPERIMENTAL PLANTING OF MULTIPLE SPECIES OF PINE TREES. STUDY OF PINE TREE DISEASES & INSECT DAMAGE & METHODS OF CONTROL. PUBLIC DISSEMINATION OF RESEARCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President | 5 | $0 | |
Nick J Baker Treasurer | 40 | $127,378 | |
Name Not Listed Secretary | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Name Not Listed Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $400,259 |
Interest on Savings | $58,229 |
Dividends & Interest | $230,975 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$142,489 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $2,359 |
Total Revenue | $549,333 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $127,378 |
Other employee salaries and wages | $187,662 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $24,623 |
Depreciation | $52,499 |
Occupancy | $0 |
Travel, conferences, and meetings | $6,962 |
Printing and publications | $1,909 |
Other expenses | $145,306 |
Total operating and administrative expenses | $551,394 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $551,394 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,095 |
Savings and temporary cash investments | $255,946 |
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 | $1,600 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $3,024,194 |
Other assets | $0 |
Total assets | $15,047,172 |
Accounts payable and accrued expenses | $9,749 |
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 | $9,749 |