Presbyterian Village Foundation Inc
- Assets
- $889.7k
- Revenue
- $178.1k
- Investments
- $279.4k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 08/2000
- Data as of
- 12/2023
- EIN
- 71-0841031
Organization Overview
Presbyterian Village Foundation Inc is located in Little Rock, AR. The organization was established in 2000. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Presbyterian Village 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 12/2023, Presbyterian Village Foundation Inc generated $178.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $233.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT PRESBYTERIAN VILLAGE, INC, A NON PROFIT, CONTINUING CARE COMMUNITY FOR OLDER ADULTS THROUGH PHILANTHROPIC RESOURCES THAT WILL ADVANCE THE MISSION OF PRESBYTERIAN VILLAGE AND THE CARE OF ITS RESIDENTS. TO SUPPORT PRESBYTERIAN VILLAGE WITH UNRESTRICTED CONTRIBUTIONS AND GRANTS THAT WILL ENHANCE ON-GOING PROGRAMS AND OPERATIONS. TO FUND SPECIAL PROGRAMS FOR RESIDENTS, EITHER ANNUALLY OR THROUGH ENDOWED RESOURCES TO GENERATE FUTURE REVENUE. TO SOLICIT FUNDS FOR SIGNIFICANT FUTURE CAPITAL RENOVATIONS AND EXPANSION PROJECTS OF THE 11,000 SQUARE FOOT RESIDENTIAL CAMPUS SITUATED ON 8 ACRES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESBYTERIAN VILLAGE FOUNDATION'S PURPOSE IS TO SUPPORT PRESBYTERIAN VILLAGE, INC, A NON PROFIT, CONTINUING CARE FACILITY FOR OLDER ADULTS THROUGH PHILANTHROPIC RESOURCES THAT WILL ADVANCE THE MISSION OF PRESBYTERIAN VILLAGE AND THE CARE OF ITS RESIDENTS. (1) THE FOUNDATION DONATED 223,843 TO THE VILLAGE FOR OPERATIONS AND SPECIAL SERVICES. (2) THE FOUNDATION SECURED DESIGNATED FUNDS FOR SPECIAL PROGRAMS TO BENEFIT THE VILLAGE RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Murphy Director | Trustee | 2 | $0 |
Missy Mcswain Vice Preside | Trustee | 2 | $0 |
Roy Smith President | Trustee | 2 | $0 |
Rick Rogers Director | Trustee | 2 | $0 |
Tim Heiple Director | Trustee | 2 | $0 |
Mike Craig Treasurer | OfficerTrustee | 2 | $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 | $117,561 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,561 |
| Total Program Service Revenue | $0 |
| Investment income | $60,542 |
| 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 | $178,103 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $223,843 |
| 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 | $7,454 |
| Office expenses | $2,600 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $233,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $392,397 |
| Savings and temporary cash investments | $30,219 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,647 |
| 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 | $279,410 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $175,009 |
| Total assets | $889,682 |
| Accounts payable and accrued expenses | $3,752 |
| 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 | $3,752 |
| Net assets without donor restrictions | $747,615 |
| Net assets with donor restrictions | $138,315 |
| 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 | $889,682 |