Stone Ridge Foundation
- Assets
- $3.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Altavista, VA
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 84-2852661
Organization Overview
Stone Ridge Foundation is located in Altavista, VA. The organization was established in 2019. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Stone Ridge Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stone Ridge 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, Stone Ridge Foundation generated $1.9m in total revenue. All expenses for the organization totaled $694.9k 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 DELIVER BEST POSSIBLE RESOURCES TO VETERANS, MILITARY, FIRST RESPONDERS AND THEIR FAMILIES PROVIDING COMPREHENSIVE PROGRAMS THAT LEVERAGE PRIVATE SECTOR RESOURCES, EXPERTISE AND PROVEN FAITH BASED PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FACILITY FOR USE BY VETERANS FOR LODGING AND PROGRAMS TO PROVIDE COUNSELING, COACHING, AND MENTORING THRU GROUP LIVING.
FACILITATED DIGNIFIED WORK FOR VETERANS TO REINTEGRATE BACK INTO THE COMMUNITY.
PROVIDED DIRECT SUPPORT TO VETERANS AND THEIR FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Basel Director | Trustee | 1 | $30,000 |
Jeffrey Horne Vice Pres & COO | OfficerTrustee | 40 | $1,250 |
Clifton Brigham Treasurer | OfficerTrustee | 1 | $0 |
Robert Dees President & CEO | OfficerTrustee | 40 | $0 |
Barbara Haley Secretary | OfficerTrustee | 1 | $0 |
Mike Braham Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $71,285 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,818,982 |
| Noncash contributions included in lines 1a–1f | $151,320 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,890,267 |
| Total Program Service Revenue | $38,219 |
| Investment income | $80 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,928,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,112 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $31,250 |
| Compensation of current officers, directors, key employees. | $31,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,537 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $725 |
| Fees for services: Accounting | $20,494 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $237,959 |
| Advertising and promotion | $9,287 |
| Office expenses | $9,772 |
| Information technology | $3,175 |
| Royalties | $0 |
| Occupancy | $14,283 |
| Travel | $16,620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $55,363 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,945 |
| Insurance | $18,547 |
| All other expenses | $93,803 |
| Total functional expenses | $694,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,513 |
| Savings and temporary cash investments | $406,961 |
| 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 | $2,658,803 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,643 |
| Other assets | $0 |
| Total assets | $3,481,920 |
| Accounts payable and accrued expenses | $343,217 |
| 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 | $1,710,034 |
| Unsecured mortgages and notes payable | $14,023 |
| Other liabilities | $0 |
| Total liabilities | $2,067,274 |
| Net assets without donor restrictions | $1,414,646 |
| 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 | $3,481,920 |
Grants Awarded
Over the last fiscal year, Stone Ridge Foundation has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Concord, VA PURPOSE: PROGRAM SERVICES | $10,000 |
Pleasant View, TN PURPOSE: PROGRAM SERVICES | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Stone Ridge Foundation has recieved totaling $593,750.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $300,750 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $86,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $35,000 |
Main Street Community Foundation Bristol, CT PURPOSE: BARN CONSTRUCTION AT NATIONAL CENTER FOR HEALTHY VETERANS | $12,000 |
Donors Trust Inc Alexandria, VA PURPOSE: for the National Center for Healthy Veterans | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Army Emergency Relief Arlington, VA | $416,891,741 | $42,370,093 |
Disabled Veterans National Foundation Lanham, MD | $4,002,703 | $34,751,168 |
Navy-Marine Corps Relief Society Arlington, VA | $160,427,961 | $29,210,374 |
Military Officers Association Of America Alexandria, VA | $184,530,638 | $38,032,797 |
Military Order Of The Purple Heart Service Foundation Inc Annandale, VA | $2,548,586 | $20,677,650 |
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |