Poplar Grove Foundation Inc
- Assets
- $90.3k
- Revenue
- $302.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Wilmington, NC
- Founding
- 02/1996
- Data as of
- 12/2022
- EIN
- 58-1379468
Organization Overview
Poplar Grove Foundation Inc is located in Wilmington, NC. The organization was established in 1996. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Poplar Grove Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Poplar Grove 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 12/2022, Poplar Grove Foundation Inc generated $302.8k 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 (3.7%) each year. All expenses for the organization totaled $277.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
POPLAR GROVE PROMOTES THE SPIRIT OF THE LOWER CAPE FEAR REGION THROUGH EDUCATION, CONSERVATION, AND PRESERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POPLAR GROVE IS ONE OF THE LAST REMAINING PLANTATION COMPLEXES OPEN TO THE PUBLIC IN SOUTHEASTERN NORTH CAROLINA AND WITHIN THE NATIONAL PARK SERVICE'S GULLAH GEECHEE CULTURAL HERITAGE CORRIDOR. IT WAS FORMERLY A SWEET POTATO AND PEANUT PLANTATION OWNED BY THE FOY FAMILY FOR SIX GENERATIONS FROM 1795 TO 1971, PRODUCING PEANUTS FROM THE AGRICULTURAL SKILLS OF THE GULLAH GEECHEE PEOPLE, SHIPPED AS FAR NORTH AS NEW YORK CITY.TODAY, POPLAR GROVE ACHIEVES ITS MISSION BY: 1) REFLECTING UPON THE PRACTICES OF A SELF-SUSTAINING FARM, SLAVERY, TENANT FARMING, LEGISLATION, TECHNOLOGY, AND THE HERITAGE ARTS2) PROMOTING OF THE VALUES AND TRADITIONS OF LOCAL COMMUNITIES AND CULTURAL LANDSCAPES AS IT REFLECTS PAST, PRESENT AND FUTURE HUMAN ACTIVITY3) INITIATING MEANINGFUL DIALOGUE THAT BUILDS UPON THE VALUES OF RESPECT, EMPATHY, CULTURAL DIVERSITY, MULTIPLE PERSPECTIVES, AND DEMOCRATIC PRINCIPLES4) SHARING THE SIGNIFICANCE AND SPIRIT OF PLACE AS A SHARED RESOURCE BY PRESERVING THE NATURAL HABITAT AND ARCHITECTURAL HARMONY INDIGENOUS TO THE LOWER CAPE FEAR REGION.THE FOUNDATION ACHIEVED ITS EXEMPT PURPOSE IN THE PAST FISCAL YEAR BY OPERATING THE HISTORIC MANOR HOUSE MUSEUM COMPLEX, CONDUCTING TOURS AND HOLDING EVENTS THAT CREATE AWARENESS OF THE REGION'S HISTORY AND ALLOW POPLAR GROVE TO BE A VENUE FOR ITS EDUCATIONAL, CONSERVATIONAL AND PRESERVATIONAL EFFORTS. THE POPLAR GROVE PLANTATION VENUE IS USED FOR COMMUNITY EVENTS, A FARMER'S MARKET, A FARM ANIMAL STABLES AND EDUCATIONAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Lewis Executive Dir. | Officer | 40 | $50,750 |
Rosalie Calarco President | OfficerTrustee | 1 | $0 |
Felicia Greene Vp/treasurer | OfficerTrustee | 1 | $0 |
Christina Fennell Member | Trustee | 1 | $0 |
Lucy Purgason Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,011 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,237 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,248 |
| Total Program Service Revenue | $80,547 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $175,020 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,815 |
| 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. | $50,750 |
| Compensation of current officers, directors, key employees. | $20,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,941 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,916 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,036 |
| Advertising and promotion | $6,775 |
| Office expenses | $4,438 |
| Information technology | $3,627 |
| Royalties | $0 |
| Occupancy | $71,730 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,943 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,595 |
| All other expenses | $0 |
| Total functional expenses | $277,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,342 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $90,342 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $90,342 |
| 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 | $90,342 |