Seven Acres Foundation
- Assets
- $3.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Chelan, WA
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-2637129
Organization Overview
Seven Acres Foundation is located in Chelan, WA. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seven Acres 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 12/2021, Seven Acres Foundation generated $1.1m in total revenue. All expenses for the organization totaled $84.7k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE A HUB THAT CONNECTS PEOPLE, RESOURCES, AND ACTIVITIES TO EACH OTHER IN WAYS THAT ENHANCE THE QUALITY OF LIFE IN THE LAKE CHELAN VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONGOING ACCUMULATION OF ASSETS TO PUT TOWARD BUILDING THE COMMUNITY CENTER AT LAKE CHELAN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Plew Director | Trustee | 1 | $0 |
April Williams Director | Trustee | 1 | $0 |
Benjamin Williams President | Trustee | 3 | $0 |
Brian Hendricks Director | Trustee | 1 | $0 |
Ty Witt Director | Trustee | 1 | $0 |
Raye Evans Executive Dir. | Trustee | 50 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $127,700 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $965,780 |
| Noncash contributions included in lines 1a–1f | $45,280 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,093,480 |
| Total Program Service Revenue | $0 |
| Investment income | $1,587 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$23,056 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,072,011 |
| 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. | $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 | $18,849 |
| 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 | $37,522 |
| Office expenses | $13,598 |
| 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 | $3,883 |
| All other expenses | $210 |
| Total functional expenses | $84,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,441 |
| Pledges and grants receivable | $7,855 |
| 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 | $3,681,343 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $3,728,640 |
| 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 | $2,628,543 |
| Net assets with donor restrictions | $1,100,097 |
| 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 | $3,728,640 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Seven Acres Foundation has recieved totaling $1,552,071.
| Awarding Organization | Amount |
|---|---|
Tom And Meg Names Family Foundation Fircrest, WA PURPOSE: TO HELP SUPPORT THE GOALS OF THE ORGANIZATION | $950,000 |
M J Murdock Charitable Trust Vancouver, WA PURPOSE: NEW FACILITY | $300,000 |
Names Family Foundation Fircrest, WA PURPOSE: THE COMMUNITY CENTER AT LAKE CHELAN | $200,000 |
The Seattle Foundation Seattle, WA PURPOSE: FOR THE JUNE 26, 2021 GALA RAISE THE PADDLE GIFT; FOR THE CONSTRUCTION OF THE CHELAN VALLEY COMMUNITY CENTER | $51,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,958 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Millionair Club Inc Seattle, WA | $7,228,719 | $9,759,865 |
Catholic Community Service Inc Juneau, AK | $2,481,573 | $8,532,402 |
Community Action Agency Inc Lewiston, ID | $4,285,753 | $7,930,583 |
Children Of The Nations Silverdale, WA | $5,479,782 | $9,198,236 |
Aleutian Pribilof Island Community Development Association Apicda Juneau, AK | $174,975,366 | $13,959,274 |
Benton-Franklin Community Action Committee Inc Pasco, WA | $3,388,057 | $7,555,364 |
Pierce County Alliance Tacoma, WA | $6,078,507 | $8,246,140 |
United Indians Of All Tribes Foundation Seattle, WA | $5,174,405 | $8,250,554 |
Step By Step Family Support Center Milton, WA | $15,690,929 | $9,923,748 |
Okanogan County Community Action Council Inc Okanogan, WA | $1,971,419 | $6,852,467 |
Self---Support For Early Learning & Families Vancouver, WA | $1,119,732 | $6,082,785 |
Latino Community Fund Of Washingtonstate Seattle, WA | $5,864,865 | $7,422,173 |