Verbena Foundation Inc

Organization Overview

Verbena Foundation Inc is located in Greensboro, NC. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Verbena 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 12/2021, Verbena Foundation Inc generated $434.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $209.3k during the year ending 12/2021. While expenses have increased by 8.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OFFER SPIRITUAL DIRECTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL MATERIALS, RETREATS & PRAYER SUPPORT FOR INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Frank J Sizemore III
Executive Di
$121,250
Brian Bauer
President
$0
Micah S Derr
Treasurer
$0
Katie Mcnerney
Secretary
$0
Miles Honeycutt
Director
$0
Aimee Minnich
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $25,080
All other contributions, gifts, grants, and similar amounts not included above$405,010
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$430,090
Total Program Service Revenue$0
Investment income $3,234
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$495
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $434,279

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Verbena Foundation Inc has recieved totaling $184,350.

Awarding OrganizationAmount
$179,350
Ramig Family Foundation

Portland, OR

PURPOSE: DONATION

$5,000
View Grant Recipient Profile

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