Forestille Foundation Inc
- Assets
- $724.8k
- Revenue
- $120.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Craftsbury, VT
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-4361462
Organization Overview
Forestille Foundation Inc is located in Craftsbury, VT. The organization was established in 2016. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forestille 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, Forestille Foundation Inc generated $120.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $120.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION AND PRESERVATION OF CRAFTSBURY PUBLIC HOUSE - OVER 600 VOLUNTEER HOURS ON MAINTENANCE, PLANNING & CONSTRUCTION MANAGEMENT OF HISTORICAL LANDMARK AS A SUSTAINABLE BUILDING.
BIPOC ORGANIZATIONAL SUPPORT - OVER 80 VOLUNTEER HOURS TO SUPPORT THE DEVELOPMENT AND OPERATION OF BIPOC ORGANIZATION THAT SUPPORTS BIPOC COMMUNITY BUILDING IN AREAS OF THE ENVIRONMENT, AGRICULTURE, LAND, AND FOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wyle D Solomon Pres/treas | 2 | $0 | |
Anthony Yk Chung Director | 2 | $0 | |
Jane S Chung Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $102,977 |
| 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 | $17,188 |
| Total Revenue | $120,165 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,095 |
| Depreciation | $39,774 |
| Occupancy | $5,903 |
| Travel, conferences, and meetings | $16 |
| Printing and publications | $2,321 |
| Other expenses | $20,151 |
| Total operating and administrative expenses | $120,206 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $120,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,506 |
| 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 | $655,304 |
| Other assets | $0 |
| Total assets | $724,810 |
| Accounts payable and accrued expenses | $743 |
| Grants payable | $0 |
| Deferred revenue | $3,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $90,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $93,743 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Forestille Foundation Inc has recieved totaling $115,356.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: VT RELEAF CAPACITY GENERAL OPERATING | $50,000 |
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $43,000 |
High Meadows Fund Inc Middlebury, VT PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT TO THE VERMONT RELEAF COLLECTIVE INCLUDING | $15,250 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Henry Street Settlement New York, NY | $75,269,061 | $50,430,824 |
University Settlement Society Of New York New York, NY | $42,233,481 | $34,399,388 |
Goddard Riverside Community Center New York, NY | $111,250,602 | $29,382,922 |
Jewish Community Center Of Staten Island Inc Staten Island, NY | $42,297,194 | $36,175,082 |
Queens Community House Inc Forest Hills, NY | $24,373,474 | $31,964,067 |
Southwestern Community Services Inc Keene, NH | $18,384,799 | $28,251,643 |
The Jewish Community Center In Manhattan Inc New York, NY | $112,890,259 | $24,957,738 |
Lenox Hill Neighborhood House Inc New York, NY | $47,590,223 | $25,360,828 |
Berkshire Community Action Council Inc Pittsfield, MA | $2,763,554 | $16,009,775 |
Greenwich House Inc New York, NY | $11,549,979 | $15,122,608 |
Jewish Community Center Of Greater Boston Inc Newton, MA | $45,652,157 | $18,629,565 |
Neighborhood Center Inc Utica, NY | $17,931,948 | $14,494,044 |