Fredericksburg Social Turn Verein Inc
- Assets
- $0.0
- Revenue
- $629.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Fredericksburg, TX
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 74-0633278
Organization Overview
Fredericksburg Social Turn Verein Inc is located in Fredericksburg, TX. The organization was established in 2018. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fredericksburg Social Turn Verein 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, Fredericksburg Social Turn Verein Inc generated $629.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 70.0% each year . All expenses for the organization totaled $828.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Fredericksburg Social Turn Verein Inc has awarded 21 individual grants totaling $816,820. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION WAS TO PRESERVE THE FREDERICKSBURG SOCIAL TURN VEREIN'S HISTORY THROUGH SOCIAL, EDUCATION AND BENEVOLENCE FOR THE PAST, PRESENT AND FUTURE. DUE TO THE LOSS OF THE BUILDING ON JUNE 19, 2016 TO ARSON, THE GOALS WERE SHIFTED TO RAISING FUNDS TO REBUILD. AFTER NUMEROUS FUNDRAISERS FAILED TO RAISE ENOUGH FUNDS TO REBUILD & AS BUILDING COSTS INCREASED, THE DECISION WAS MADE TO SELL THE PROPERTY & CLOSE THE ORGANIZATION. THE PROPERTY WAS SOLD TO THE CITY OF FREDERICKSBURG IN OCTOBER, 2022. DONATIONS WERE REFUNDED & SALE PROCEEDS WERE DONATED TO LOCAL NON-PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROPERTY WAS SOLD TO THE CITY OF FREDERICKSBURG AND PROCEEDS FROM THE SALE WERE DONATED TO VARIOUS NON-PROFIT ORGANIZATIONS.
THE PROPERTY WAS SOLD TO THE CITY OF FREDERICKSBURG & PROCEEDS DONATED TO LOCAL NON-PROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Davis Treasurer | OfficerTrustee | $0 | |
Duane Durst Vice Preside | OfficerTrustee | $0 | |
Martha Durst Secretary | OfficerTrustee | $0 | |
Nichole Ransleben President | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $150 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,797 |
| Total Program Service Revenue | $0 |
| Investment income | $189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $464,901 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $629,887 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $816,820 |
| 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 | $680 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,450 |
| Office expenses | $417 |
| Information technology | $1,545 |
| 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 | $1,511 |
| All other expenses | $228 |
| Total functional expenses | $828,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Fredericksburg Social Turn Verein Inc has awarded $816,820 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
FREDERICKSBURG VOLUNTEER FIRE DEPT PURPOSE: VOLUNTEER FIRE DEPT | $45,290 |
WILLOW CITY VOLUNTEER FIRE & RESCUE PURPOSE: VOLUNTEER FIRE DEPT | $45,290 |
FREDERICKSBURG MORNING ROTARY CLUB PURPOSE: CHARITABLE ORGANIZAT | $45,290 |
GILLESPIE CO HISTORICAL SOCIETY PURPOSE: HISTORICAL PRESERVAT | $45,290 |
GILLESPIE CO FAIR & FESTIVALS ASSN PURPOSE: COMMUNITY ORG | $45,290 |
GILLESPIE CO COMMITTEE ON AGING PURPOSE: AGED/RETIREMENT ASSI | $45,290 |