The Deerwood Foundation Inc is located in Brooklandville, MD. The organization was established in 1994. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deerwood 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 06/2022, Deerwood Foundation Inc generated $248.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $156.7k during the year ending 06/2022. While expenses have increased by 3.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL ASSISTANCE TO ALLOW BOYS BETWEEN THE AGES OF 8 AND 15 TO ATTEND CAMP DEERWOOD IN NEW HAMPSHIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TP PROVIDE FINANCIAL ASSISTANCE TO ALLOW BOYS BETWEEN THE AGES OF 8 AND 15 TO ATTEND CAMP DEERWOOD IN NH. SUCH ASSISTANCE IS PROVIDED WITH NO REGARD TO RACE, RELIGION, OR NATIONAL ORIGIN OF THE RECIPIENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Denny O'brien Vice Preside | OfficerTrustee | 1 | $0 |
Tim Caffrey President | OfficerTrustee | 1 | $0 |
James Vose Secretary | OfficerTrustee | 1 | $0 |
Tom Riehl Treasurer | OfficerTrustee | 1 | $0 |
Stewart Ackerly Director | Trustee | 1 | $0 |
Dan Ragsdale Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $219,879 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $219,879 |
Total Program Service Revenue | $0 |
Investment income | $32,350 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$4,217 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $248,012 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $18,833 |
Compensation of current officers, directors, key employees. | $18,833 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,845 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,820 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,636 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,544 |
All other expenses | $0 |
Total functional expenses | $156,652 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $113,347 |
Savings and temporary cash investments | $1,101,021 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
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 | $1,214,368 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $1,214,368 |
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 | $1,214,368 |
Over the last fiscal year, we have identified 6 grants that The Deerwood Foundation Inc has recieved totaling $13,818.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $9,650 |
Charles R Burke Jr Foundation Pittsburgh, PA PURPOSE: GENERAL FUND | $1,000 |
Vose Foundation Southport, CT PURPOSE: SUPPORT OF ORGANIZATION | $1,000 |
Charles R Burke Jr Foundation Pittsburgh, PA PURPOSE: GENERAL FUND | $1,000 |
Vose Foundation Southport, CT PURPOSE: SUPPORT OF ORGANIZATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $168 |
Organization Name | Assets | Revenue |
---|---|---|
Aspira Inc Of Pennsylvania Philadelphia, PA | $16,896,454 | $35,689,519 |
Generation - You Employed Inc Washington, DC | $32,196,758 | $17,956,702 |
Young Americas Foundation Reston, VA | $108,030,545 | $39,445,693 |
Partnership For A Healthier America Inc Washington, DC | $8,156,675 | $7,675,528 |
Washington Nationals Philanthropies Washington, DC | $8,857,322 | $4,334,499 |
Peaceplayers International Washington, DC | $2,663,713 | $3,827,781 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Service Year Exchange Inc Washington, DC | $7,358,910 | $7,347,919 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Breakfree Education Columbia, MD | $2,710,082 | $3,378,734 |
Us Dream Academy Inc Silver Spring, MD | $1,470,975 | $3,095,850 |
Gwens Girls Incorporated Pittsburgh, PA | $4,688,036 | $4,701,406 |