Greater Frederick Foundation Inc is located in Frederick, MD.
For the year ending 12/2018, Greater Frederick Foundation Inc generated $559.2k in total revenue. All expenses for the organization totaled $201.6k during the year ending 12/2018. While expenses have increased by 5.9% per year over the past 2 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
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPENED AND INCURRED EXPENSES FROM THE OPERATION OF A BUILDING TO PROVIDE THE PUBLIC WITH ACCESS TO THE PERFORMING ARTS.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $47,928 |
Net Rental Income | -$21,853 |
Net Gain on Sale of Assets | $468,514 |
Capital Gain Net Income | $468,514 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $559,174 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $22,443 |
Depreciation | $31,038 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $114,466 |
Total operating and administrative expenses | $201,561 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $201,561 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,075 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $1,542 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $5,356 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $15,548 |
Net Investments - land, buildings, equipment | $350,381 |
Investments—mortgage loans | $0 |
Investments—other | $2,891,499 |
Net Land, buildings, and equipment | $1,230,146 |
Other assets | $1,133 |
Total assets | $4,508,680 |
Accounts payable and accrued expenses | $2,077 |
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 | $2,077 |