Somerset County Historical Trust Incorporated
- Assets
- $168.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princess Anne, MD
- Founding
- 10/1987
- Data as of
- 12/2020
- EIN
- 52-1515095
Organization Overview
Somerset County Historical Trust Incorporated is located in Princess Anne, MD. The organization was established in 1987. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somerset County Historical Trust Incorporated 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 12/2020, Somerset County Historical Trust Incorporated generated $33.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (74.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randolph O George President | 5 | $0 | |
John F Orth Vice President | 0.2 | $0 | |
Regina Bell Treasurer | 2 | $0 | |
Gina Gerhard Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,416 |
| Total Program Service Revenue | $0 |
| Membership dues | $845 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,263 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,939 |
| Total expenses | $1,939 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,135 |
| Other assets | $0 |
| Total assets | $168,135 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,135 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Somerset County Historical Trust Incorporated has recieved totaling $53.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nora Roberts Foundation Inc Glenn Dale, MD | $90,657,767 | $17,263,079 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Vf Foundation Wilmington, DE | $28,556,217 | $960,441 |
Ruth Lilly Philanthropic Foundation Wilmington, DE | $89,481,864 | $12,222,478 |
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Highmark Foundation Pittsburgh, PA | $137,140,319 | $19,548,694 |
The Aileen K And Brian L Roberts Foundation Philadelphia, PA | $14,520,286 | $7,913,944 |
The Giorgi Family Foundation Temple, PA | $80,817,580 | $6,973,404 |