Blue Grass Resource Center
- Assets
- $1.3m
- Revenue
- $263.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Blue Grass, VA
- Founding
- 10/1999
- Data as of
- 12/2021
- EIN
- 54-1947102
Organization Overview
Blue Grass Resource Center is located in Blue Grass, VA. The organization was established in 1999. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Grass Resource Center 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, Blue Grass Resource Center generated $263.5k 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 (7.3%) each year. All expenses for the organization totaled $67.4k during the year ending 12/2021. 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
ENHANCEMENT OF QUALITY OF LIFE FOR HIGHLAND COUNTY, VIRGINIA, RESIDENTS, THROUGH HISTORIC PRESERVATION AND EDUCATIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2019, THE ORGANIZATION PURCHASED THE HISTORIC HIGHLAND INN IN MONTEREY VIRGINIA AND BEGAN A PRESERVATION PROJECT. RENOVATION OF THE EXTERIOR OF THE BUILDING BEGAN IN 2020. IN 2021, PHASE I OF THE PROJECT WAS COMPLETED ON THE EXTERIOR OF THE BUILDING. OVER 2000 AREA RESIDENTS BENEFIT FROM THE PRESERVATION OF HISTORIC BUILDINGS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Mitchell Executive Director | Officer | 32 | $22,208 |
Robin Sullenberger Chairman | OfficerTrustee | 2 | $0 |
Richard Johnstone Vice Chairman | OfficerTrustee | 1 | $0 |
Nancy Witschey Secretary | OfficerTrustee | 4 | $0 |
Chanda Sponaugle Treasurer | OfficerTrustee | 4 | $0 |
Lloyd Bird Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $167,532 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,469 |
| Noncash contributions included in lines 1a–1f | $1,297 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,001 |
| Total Program Service Revenue | $0 |
| Investment income | $249 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,468 |
| 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. | $16,656 |
| Compensation of current officers, directors, key employees. | $5,552 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,274 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,583 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,624 |
| Office expenses | $1,594 |
| Information technology | $1,795 |
| Royalties | $0 |
| Occupancy | $6,127 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,500 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $709 |
| Insurance | $14,706 |
| All other expenses | $0 |
| Total functional expenses | $67,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,016 |
| Savings and temporary cash investments | $143,146 |
| Pledges and grants receivable | $3,025 |
| 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 | $1,163,479 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,312,666 |
| Accounts payable and accrued expenses | $11,912 |
| 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 | $300,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $311,912 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,000,754 |
| Total liabilities and net assets/fund balances | $1,312,666 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Blue Grass Resource Center has recieved totaling $72,517.
| Awarding Organization | Amount |
|---|---|
The Charles Pinckney Jones Charitable Trust Richmond, VA PURPOSE: HISTORICPRESERVATION | $25,000 |
Richardson Family Foundation Crozier, VA PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Stanley E Burns Charitable Trust Monterey, VA PURPOSE: PROVIDE ACCESSFOR DISABLED PERSONS | $22,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington County Free Library Hagerstown, MD | $16,301,833 | $8,756,633 |
Washington Research Library Consortium Upper Marlboro, MD | $19,082,145 | $5,815,985 |
Loyola-Notre Dame Library Inc Baltimore, MD | $17,276,844 | $4,820,071 |
Cabell County Public Library Huntington, WV | $12,674,770 | $6,152,653 |
Wicomico County Free Library Inc Salisbury, MD | $3,745,578 | $3,405,166 |
Friends Committee On National Legislation Washington, DC | $7,160,459 | $3,361,145 |
Southern Maryland Regional Library Association Inc Charlotte Hall, MD | $4,649,230 | $3,547,495 |
Fontana Regional Library Bryson City, NC | $3,949,070 | $3,576,120 |
Blackwater Regional Library Courtland, VA | $2,907,987 | $2,595,036 |
Cli Prison Alliance Inc Raleigh, NC | $1,246,885 | $2,394,225 |
National Sporting Library Incorporated Middleburg, VA | $24,531,630 | $3,372,979 |
Tenn-Share Alcoa, TN | $1,129,556 | $1,846,388 |