Pilot Mountain Foundation Inc
- Assets
- $4.3m
- Revenue
- $28.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Pilot Mountain, NC
- Founding
- 12/1983
- Data as of
- 12/2021
- EIN
- 56-1371814
Organization Overview
Pilot Mountain Foundation Inc is located in Pilot Mountain, NC. The organization was established in 1983. According to its NTEE Classification (T31) the organization is classified as: Community 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. Pilot Mountain 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, Pilot Mountain Foundation Inc generated $28.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $11.1k 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
TO DO DIFFERENT PROGRAMS FOR BETTERMENT OF PILOT MOUNTAIN AND THE SURROUNDING AREA.COMPLETE TRANSFER OF COMMUNITY CENTER TO EDWARD M ARMFIELD INC
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOTAL PROGRAM SERVICES ARE FOR THE FUNDING AND CONSTRUCTION OF A PUBLIC CIVIC AND RECREATION CENTER IN CONJUNCTION WITH THE EDWARD M ARMFIELD SR CIVIC AND RECREATION CENTER INC
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Palmer Vice-President | Officer | 1 | $0 |
John Pulliam Treasurer | Officer | 1 | $0 |
Jo Ellen Belton Secretary | Officer | 0 | $0 |
Paula Stanley President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,034 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,220 |
| 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 | $28,254 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| 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 | $10,015 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $750 |
| All other expenses | $0 |
| Total functional expenses | $11,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,289 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $354 |
| 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 | $4,252,509 |
| Investments—publicly traded securities | $7,294 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,266,446 |
| Accounts payable and accrued expenses | $0 |
| 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 | $309,067 |
| Unsecured mortgages and notes payable | $700,000 |
| Other liabilities | $0 |
| Total liabilities | $1,009,067 |
| Net assets without donor restrictions | $3,257,379 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,266,446 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundation For Northern Virginia Inc Oakton, VA | $80,161,408 | $23,451,822 |
National Christian Charitable Foundation Inc Fort Mill, SC | $16,300,322 | $10,862,004 |
Community Foundation Of South Georgia Inc Thomasville, GA | $102,741,720 | $11,038,110 |
The Community Foundation For The Csra Augusta, GA | $104,773,368 | $16,442,862 |
Love Thy Neighbor Too Alpharetta, GA | $21,169,180 | $7,400,617 |
Community Foundation Of Northwest Georgia Inc Dalton, GA | $78,026,679 | $15,780,742 |
Gaston Community Foundation Gastonia, NC | $124,627,590 | $17,636,833 |
Community Foundation Serving Western Virginia Roanoke, VA | $100,299,802 | $12,225,680 |
Cumberland Community Foundation Inc Fayetteville, NC | $108,138,101 | $14,799,053 |
Community Foundation Of Henderson County Inc Hendersonville, NC | $121,395,555 | $11,832,432 |
Purpose Built Communities Foundation Inc Atlanta, GA | $8,827,642 | $4,251,100 |
Community Foundation Of West Georgia Inc Carrollton, GA | $103,313,385 | $13,146,114 |