Longbranch Foundation
- Assets
- $236.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakebay, WA
- Founding
- 04/2016
- Data as of
- 12/2023
- EIN
- 81-1147078
Organization Overview
Longbranch Foundation is located in Lakebay, WA. The organization was established in 2016. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longbranch Foundation 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, Longbranch Foundation generated $96.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $38.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN OPPORTUNITY FOR THE COMMUNITY TO WORK TOGETHER FOR MUTUAL BENEFIT.
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP PROGRAMS: FOOD BACKPACKS 4 KIDS, COMMUNITIES IN SCHOOLS, EVERGREEN ELEMENTARY, AND PENINSULA HAWKS SCHOLARSHIP.
COMMUNITY ORGANIZATIONS: RED BARN YOUTH CENTER, KEY PENINSULA FARM TOUR, TWO WATERS ART ALLIANCE, AND KEY PEN PARKS.
LONGBRANCH MARINA, HISTORIC BUILDINGS AND GROUNDS. ENVIRONMENTAL AND PUBLIC SAFETY MEASURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheryl Low President | 6 | $0 | |
Marsha Kremen Vice President | 4 | $0 | |
Jim Hettinger Treasurer | 6 | $0 | |
Xoe Frederick Secretary | 1 | $0 | |
Kelly Guenther Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,596 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $78 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,549 |
| Other Revenue | $0 |
| Total Revenue | $96,223 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,266 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $214 |
| Other expenses | $6,941 |
| Total expenses | $38,733 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $232,037 |
| Other assets | $0 |
| Total assets | $236,481 |
| Total liabilities | $0 |
| Net assets or fund balances | $236,481 |
Grants Awarded
Over the last fiscal year, Longbranch Foundation has awarded $255,022 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LONGBRANCH IMPROVEMENT CLUB PURPOSE: WINDOWS AND TRAILS; MARINA FLOAT | $247,022 |
PENNINSULA HAWKS SCHOLARSHIP FUND PURPOSE: SCHOLARSHIPS | $8,000 |