23 Preservation Foundation
- Assets
- $770.3k
- Revenue
- $23.6k
- Investments
- $498.3k
- Employees
- 0
- Location
- Fairbury, NE
- Founding
- 03/1997
- Data as of
- 05/2024
- EIN
- 47-0800212
Organization Overview
23 Preservation Foundation is located in Fairbury, NE. The organization was established in 1997. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 23 Preservation 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 05/2024, 23 Preservation Foundation generated $23.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $49.3k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, 23 Preservation Foundation has awarded 27 individual grants totaling $114,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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 |
|---|---|---|---|
Lila Thomas President | 1 | $0 | |
Mary Kay Bedlan Vice-President | 1 | $0 | |
Jennipher Barber Secretarytreasurer | 1 | $0 | |
Matt Edson Trustee | 1 | $0 | |
Shirley Fox Trustee | 1 | $0 | |
Jeff Meyer Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100 |
| Interest on Savings | $3 |
| Dividends & Interest | $17,122 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,416 |
| Capital Gain Net Income | $6,416 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,641 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $376 |
| Depreciation | $13,411 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80 |
| Total operating and administrative expenses | $15,017 |
| Contributions, gifts, grants paid | $34,250 |
| Total expenses and disbursements | $49,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $272,003 |
| Other assets | $0 |
| Total assets | $770,281 |
| 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, 23 Preservation Foundation has awarded $34,250 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS SCHOLARSHIPS PURPOSE: SCHOLARSHIPS OF 2000 OR LESS TO FAIRBURY STUDENTS | $24,000 |
FAIRBURY CITY MUSEUM PURPOSE: CONVEYMANAGE FAIRBURY ALUMNI MEMORABILIA | $10,000 |
BONHAM THEATRE PROJECT PURPOSE: SPONSOR MOVIE | $250 |