Petersburg Methodist Home For Girls
- Assets
- $2.9m
- Revenue
- $51.3k
- Investments
- $2.7m
- Employees
- 0
- Location
- Petersburg, VA
- Founding
- 12/1976
- Data as of
- 12/2023
- EIN
- 54-0542500
Organization Overview
Petersburg Methodist Home For Girls is located in Petersburg, VA. The organization was established in 1976. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Petersburg Methodist Home For Girls 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 12/2023, Petersburg Methodist Home For Girls generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $197.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Petersburg Methodist Home For Girls has awarded 940 individual grants totaling $1,723,316. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO OTHER CHARITABLE ORGANIZATIONS
SCHOLARSHIPS TO COLLEGE STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty J Forbes Director | 0.25 | $0 | |
Mark H Stevens Director | 0.25 | $0 | |
Bryan Carper Treasurer | 0.25 | $0 | |
William H Talley IV President | 0.25 | $0 | |
William A Young Jr Vice President | 0.25 | $0 | |
Leighann R Adams Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $87,532 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,276 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $6,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,280 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $347 |
| Printing and publications | $0 |
| Other expenses | $1,596 |
| Total operating and administrative expenses | $37,308 |
| Contributions, gifts, grants paid | $160,100 |
| Total expenses and disbursements | $197,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $198,019 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $2,855,632 |
| Accounts payable and accrued expenses | $114 |
| 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 | $114 |
Grants Awarded
Over the last fiscal year, Petersburg Methodist Home For Girls has awarded $192,350 in support to 82 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS OF CAPITAL VIRGINIA PURPOSE: CHARITABLE GRANTS | $2,500 |
DOWNTOWN CHURCHES UNITED INC HOPE CENTER PURPOSE: CHARITABLE GRANTS | $6,000 |
HEART OF VIRGINIA COUNCIL BOY SCOUTS OF AMERICA PURPOSE: CHARITABLE GRANTS | $7,500 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: CHARITABLE GRANTS | $6,000 |
BRIGHTPOINT COMMUNITY COLLEGE FOUNDATION PURPOSE: CHARITABLE GRANTS | $10,000 |
PETERSBURG FAMILY YMCA PURPOSE: CHARITABLE GRANTS | $8,000 |