Henricus Foundation
- Assets
- $4.0m
- Revenue
- $633.4k
- Investments
- $110.5k
- Employees
- 0
- Location
- Chester, VA
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 54-1351951
Organization Overview
Henricus Foundation is located in Chester, VA. The organization was established in 1987. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henricus Foundation 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 06/2021, Henricus Foundation generated $633.4k 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 (11.3%) each year. All expenses for the organization totaled $945.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 3 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE HENRICUS FOUNDATION IS TO PROVIDE EDUCATIONAL, CULTURAL AND RECREACTIONAL OPPORTUNITIES THROUGH THE PRESERVATION, RECONSTRUCTION AND INTERPRETATION OF THE CITIE OF HENRICUS, A VIRGINIA HISTORICAL SITE FIRST SETTLED IN 1611. PARTICULAR EMPHASIS IS GIVEN TO SECONDARY SCHOOL INTERPRETATION AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HENRICUS FOUNDATION IS RECONSTRUCTING THE 1611 COLONIAL SETTLEMENT - THE "CITIE OF HENRICUS" - ON LAND OWNED BY THE COUNTIES OF CHESTERFIELD AND HENRICO, VIRGINIA. THE FOUNDATION INTERPRETS THE HISTORICAL SITE FOR VISITORS, INCLUDING PUBLIC SCHOOL TOUR GROUPS, AND PRESENTS RELATED EDUCATIONAL AND HISTORICAL PROGRAMS AT THE SITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Adkins Trustee | OfficerTrustee | 0 | $0 |
Dennis Strawerman Secretary | Trustee | 0 | $0 |
Lynn M Bland Trustee | Trustee | 0 | $0 |
John Berry Trustee | Trustee | 0 | $0 |
William Martin Trustee | Trustee | 0 | $0 |
Clay Bowles Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $557,277 |
| Investment income | $10,241 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,750 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,409 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,940 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $633,400 |
| Statement of Expenses | |
|---|---|
| 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. | $106,433 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $490,585 |
| 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 | $16,624 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,806 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $261,016 |
| Insurance | $12,443 |
| All other expenses | $0 |
| Total functional expenses | $945,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,420 |
| Savings and temporary cash investments | $513,691 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,456 |
| Prepaid expenses and deferred charges | $4,521 |
| Investments—publicly traded securities | $5,694 |
| Investments—other securities | $110,544 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,301 |
| Total assets | $4,009,831 |
| Accounts payable and accrued expenses | $122,782 |
| Grants payable | $0 |
| Deferred revenue | $5,085 |
| 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 | $127,867 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,881,964 |