Mt Oglethorpe Foundation Inc
- Assets
- $839.0k
- Revenue
- $305.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jasper, GA
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4754107
Organization Overview
Mt Oglethorpe Foundation Inc is located in Jasper, GA. The organization was established in 2014. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Oglethorpe 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, Mt Oglethorpe Foundation Inc generated $305.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (36.0%) each year. All expenses for the organization totaled $6.5k during the year ending 12/2022. 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
THE MT OGLETHORPE FOUNDATION HAS CREATED A PUBLIC PARK ON MT OGLETHORPE IN BIG CANOE, GEORGIA. THE PARK CONSISTS OD TRAILS, AN OPEN CLASSROOM FOR PUBLIC LECTURES, PICNIC AREAS, A SCULPTURE GARDEN FOR REFLECTION, MEDITATION AND WELLNESS. THE PURPOSE OF THE FOUNDATION IS TO PRESERVE MT OGELTHORPE FOR THE ENJOYMENT OF THE PUBLIC AT LARGE AND TO CREATE AWARENESS ABOUT THE MOUNTAIN'S HUSTORIC SIGNIFICANCE. DURING 2022, THE FOUNDATION SOLICITED DONATIONS FROM INDIVIDUALS IN THE BIG CANOE AND JASPER COMMUNITY TO FUND IT'S EXPENDITURES FOR THE YEAR. ALL ACTIVITIES WERE OPEN TO THE PUBLIC WITHOUT ANY FEES REQUIRED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Ingram President | 4 | $0 | |
Don Wells Director | 10 | $0 | |
Annette Hall Director | 0 | $0 | |
Bo Ingram Director | 0 | $0 | |
Nelson Hall Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $305 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Total Revenue | $305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,702 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,599 |
| Total operating and administrative expenses | $6,506 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $6,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,259 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $200 |
| 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 | $835,581 |
| Other assets | $0 |
| Total assets | $839,040 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Mt Oglethorpe Foundation Inc has awarded $300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CARES INC PURPOSE: UNRESTRICTED | $100 |
CARES INC PURPOSE: UNRESTRICTED | $200 |