Grassroots Foundation Inc
- Assets
- $312.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Joes, CO
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 84-1251403
Organization Overview
Grassroots Foundation Inc is located in Joes, CO. The organization was established in 1994. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, 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. Grassroots 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 12/2021, Grassroots Foundation Inc generated $101.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $102.2k during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
THE PARK BRINGS RECREATIONAL FACILITIES TO A RURAL AREA. THE MEDICAL CLINIC BRINGS QUALITY HEALTH AND DENTAL CARE TO A RURAL AREA AND THE COMMUNITY REC CENTER GIVES THE COMMUNITY A PLACE TO HOLD FUNERALS, RECEPTIONS, REUNIONS, PARTIES, DANCES, ETC. MUSIC NIGHT HAS BEEN ESTABLISHED AS A ONCE A MONTH GATHERING FOR LOCAL MUSIC TALENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Hearty Treasurer | 0 | $0 | |
Richard Meade President | 0 | $0 | |
Shane Weaver Vice Preside | 0 | $0 | |
Wayne Herrick Director | 0 | $0 | |
Steve Lane Director | 0 | $0 | |
Teri Pepper Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,937 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $54 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,772 |
| Other Revenue | $8,138 |
| Total Revenue | $101,901 |
| 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 | $31,496 |
| Occupancy, rent, utilities, and maintenance | $5,225 |
| Printing, publications, postage, and shipping | $175 |
| Other expenses | $65,297 |
| Total expenses | $102,193 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,501 |
| Other assets | $0 |
| Total assets | $312,538 |
| Total liabilities | $0 |
| Net assets or fund balances | $312,538 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grassroots Foundation Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Gates Family Foundation Denver, CO PURPOSE: PROJECT SUPPORT | $25,000 |
Gates Family Foundation Denver, CO PURPOSE: PROJECT SUPPORT | $25,000 |
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