Historic Toxaway Foundation
- Assets
- $109.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Toxaway, NC
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 82-2485715
Organization Overview
Historic Toxaway Foundation is located in Lake Toxaway, NC. The organization was established in 2017. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Historic Toxaway 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 12/2022, Historic Toxaway Foundation generated $91.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $84.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CARRIED OUT ACTIVITIES TO SUPPORT ITS PRIMARY EXEMPT PURPOSES OF EDUCATING THE PUBLIC ABOUT THE COMMUNITY'S HERITAGE, AND PROVIDING VISION AND GUIDANCE IN REVITALIZING AND BEAUTIFYING PUBLIC ACCESS AREAS IN THE LAKE TOXAWAY COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Saunders Grommesh Board Member | 1 | $0 | |
Frederic B Hawley Treasurer | 2 | $0 | |
John Nichols III Board Member | 1 | $0 | |
John Holbrook Board Member | 1 | $0 | |
Mack Mcneeley Board Member | 1 | $0 | |
Mo Mitchell Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,648 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,648 |
| 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 | $1,650 |
| Occupancy, rent, utilities, and maintenance | $5,655 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,271 |
| Total expenses | $84,576 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,440 |
| Other assets | $0 |
| Total assets | $109,640 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,640 |