Pyles & Turner Foundation Inc
- Assets
- $152.0k
- Revenue
- $1.4k
- Investments
- $146.5k
- Employees
- 0
- Location
- Lewisburg, WV
- Founding
- 11/1992
- Data as of
- 12/2021
- EIN
- 55-0717420
Organization Overview
Pyles & Turner Foundation Inc is located in Lewisburg, WV. The organization was established in 1992. 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. Pyles & Turner 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 12/2021, Pyles & Turner Foundation Inc generated $1.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $12.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 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 |
|---|---|---|---|
Brad Pyles President | 1 | $0 | |
William Turner Secretary/treas. | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,364 |
| Capital Gain Net Income | $1,364 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,364 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28 |
| Total operating and administrative expenses | $2,028 |
| Contributions, gifts, grants paid | $10,500 |
| Total expenses and disbursements | $12,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,482 |
| 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 | $9,183 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $151,986 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $9,794 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,794 |
Grants Awarded
Over the last fiscal year, Pyles & Turner Foundation Inc has awarded $10,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
WV RIVERS COALITION PURPOSE: CONSERVE AND RESTORE WV EXCEPTIONAL RIVES AND STREAMS | $1,350 |
WV FUND FOR LAW IN THE PUBLIC INTEREST INC PURPOSE: FUND SUMMER FELLOWSHIPS FOR WVU COLLEGE OF LAW | $1,350 |
SOUTHERN APPALACHIAN LABOR SCHOOL PURPOSE: PROVIDE EDUCATION, RESEARCH AND LINKAGES FOR WORKING CLASS AND DISENFRANCHISED PEOPLE TO PROMOTE UNDERSTANDING, ENPOWERMENT AND CHANGE. | $1,000 |
WV HEALTH RIGHT PURPOSE: PROVIDE QUALITY MEDICAL, DENTAL, PHARMACEUTICAL, VISION, BEHAVIORAL HEALTH, HEALTH EDUCATION AND MOBILE DENTAL SERVICES TO NEARLY 28,000 NEEDY WEST VIRGINIANS | $1,000 |
LOGAN AREA PUBLIC LIBRARY PURPOSE: PROVIDE FREE SERVICES FOR THE PUBLIC | $1,000 |
WV MINE WARS MUSEUM PURPOSE: PRESERVES AND SHARES STORIES ABOUT STRUGLES OF COAL MINERS AND THERIR FAMILIES FOR WORKERS' RIGHTS, CIVIL RIGHTS, AND JUSTICE IN THE EARLY 20TH CENTURY. | $900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
Wexner Foundation New Albany, OH | $6,442,852 | $9,976,190 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Hcs Foundation Cleveland, OH | $105,976,263 | $7,902,405 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |