The Herndon Fortnightly Club
- Assets
- $275.5k
- Revenue
- $13.2k
- Investments
- $235.4k
- Employees
- 0
- Location
- Herndon, VA
- Founding
- 12/1995
- Data as of
- 02/2024
- EIN
- 54-6052342
Organization Overview
The Herndon Fortnightly Club is located in Herndon, VA. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Herndon Fortnightly Club 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 02/2024, Herndon Fortnightly Club generated $13.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $12.1k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 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 |
|---|---|---|---|
Vicki Herman President | 2 | $0 | |
Penny Halpern First Vice President | 0.5 | $0 | |
Signe Friedrichs Second Vice Presiden | 0.5 | $0 | |
Alexis Rothrock Treasurer | 2 | $0 | |
Cathy Foster Corres Secretary | 0.5 | $0 | |
Mary Jo Klinefelter Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,119 |
| Interest on Savings | $576 |
| Dividends & Interest | $6,999 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,227 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,185 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $84 |
| Depreciation | $0 |
| Occupancy | $528 |
| Travel, conferences, and meetings | $615 |
| Printing and publications | $0 |
| Other expenses | $1,710 |
| Total operating and administrative expenses | $3,737 |
| Contributions, gifts, grants paid | $8,400 |
| Total expenses and disbursements | $12,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,786 |
| Savings and temporary cash investments | $34,351 |
| 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 | $275,528 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Herndon Fortnightly Club has awarded $8,400 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HERNDON SENIOR COUNCIL INC PURPOSE: CHARITABLE PURPOSES | $50 |
FRIENDS OF RUNNYMEADE PARK PURPOSE: CHARITABLE PURPOSES | $50 |
WREATHS ACROSS AMERICA PURPOSE: CHARITABLE PURPOSES | $100 |
BIRMINGHAM GREEN PURPOSE: CHARITABLE PURPOSES | $200 |
NEW YORK UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |
THE COLLEGE OF WILLIAM AND MARY PURPOSE: SCHOLARSHIP | $2,000 |