Spookstock Foundation
- Assets
- $1.3m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Leesburg, VA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 47-1018783
Organization Overview
Spookstock Foundation is located in Leesburg, VA. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Spookstock Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spookstock 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 12/2021, Spookstock Foundation generated $5.1m in total revenue. All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 111.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPOOKSTOCK FOUNDATION SEEKS THE FLOURISHING OF SHADOW WARRIORS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPOOKSTOCK HOLDS AN ANNUAL BATTLE OF THE BANDS EVENT THAT SHOWCASES MUSICAL TALENT IN THE NATIONAL SECURITY COMMUNITY. CELEBRITY JUDGES DETERMINE THE CHAMPION. TICKETS ARE SOLD TO SENIOR EXECUTIVES FROM INDUSTRY AND GOVERNMENT IN THE NATIONAL SECURITY COMMUNITY. CORPORATIONS ARE ASKED TO SPONSOR THE EVENT. FOOD AND BEVERAGES ARE SERVED AT THE EVENT. WITH THE EXCEPTION OF A SMALL RESERVE FOR THE FOLLOWING YEAR'S EVENT, NET DONATIONS (GRANTS) ARE MADE TO ORGANIZATIONS THAT PROVIDE EDUCATIONAL SUPPORT, VOCATIONAL PLANNING, COUNSELING, AND MEDICAL TREATMENT FOR POST-TRAUMATIC STRESS INJURIES TO FAMILIES OF FALLEN SPECIAL OPERATIONS AND INTELLIGENCE OPERATIVES.THE FOUNDATION HOSTED TWO CONCERTS IN 2021 SINCE NONE WERE HELD IN 2020 DUE TO COVID-19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pack Fancher Executive Director/ceo | OfficerTrustee | 40 | $200,000 |
Aimee Mcgranahan Secretary/director | OfficerTrustee | 40 | $135,417 |
Mike Rowland Treasurer | OfficerTrustee | 3 | $0 |
Matt Milstead Chairman | OfficerTrustee | 3 | $0 |
Ken Asbury Director | Trustee | 3 | $0 |
Ray Palumbo Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Imv Llc Dba The Anthem Entertainment | 12/30/21 | $287,363 |
Contemporary Productions Entertainment | 12/30/21 | $475,031 |
Design Cuisine Catering | 12/30/21 | $119,880 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,832 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,128,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,149,329 |
| Total Program Service Revenue | $1,941,388 |
| Investment income | $442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,091,159 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,200,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $335,417 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,835 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,380,302 |
| Advertising and promotion | $0 |
| Office expenses | $32,566 |
| Information technology | $33,966 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $166 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,085 |
| All other expenses | $22,036 |
| Total functional expenses | $4,115,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,106,770 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $223,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,425 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,341,695 |
| Accounts payable and accrued expenses | $6,342 |
| Grants payable | $0 |
| Deferred revenue | $60,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,569 |
| Total liabilities | $68,911 |
| Net assets without donor restrictions | $1,272,784 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,341,695 |
Grants Awarded
Over the last fiscal year, Spookstock Foundation has awarded $1,200,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Tampa, FL PURPOSE: PROGRAM SERVICE | $600,000 |
Herndon, VA PURPOSE: PROGRAM SERVICE | $400,000 |
Fairfax Station, VA PURPOSE: PROGRAM SERVICE | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Spookstock Foundation has recieved totaling $205,336.
| Awarding Organization | Amount |
|---|---|
Glenn Greenbeg And Linda Vester Foundation Inc New York, NY PURPOSE: CHARITABLE | $100,000 |
Veros Charities Inc Reston, VA PURPOSE: UNRESTRICTED | $55,000 |
In-Q-Tel Inc Arlington, VA PURPOSE: SEE SUPPLEMENTAL SECTION FOR GRANT PURPOSE. | $17,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,836 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Charitable Ashburn, VA | $209,799,923 | $22,185,205 |
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
The Forum For Youth Investment Washington, DC | $9,053,543 | $7,540,773 |
Hope For The Warriors Springfield, VA | $4,615,443 | $8,207,781 |
Mba Open Doors Foundation Washington, DC | $6,951,188 | $5,196,301 |
Spookstock Foundation Leesburg, VA | $1,341,695 | $5,091,159 |
The Methuselah Foundation Springfield, VA | $18,792,317 | $14,799,805 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Farm Journal Agricultural Foundation Washington, DC | $815,504 | $1,711,147 |
Yellow Ribbon Fund Inc Bethesda, MD | $1,996,496 | $3,055,184 |