Eric Peterson Memorial Foundation
- Assets
- $24.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Poulsbo, WA
- Founding
- Data as of
- 12/2022
- EIN
- 85-2276691
Organization Overview
Eric Peterson Memorial Foundation is located in Poulsbo, WA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eric Peterson Memorial 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, Eric Peterson Memorial Foundation generated $20.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $1.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (80.7%) per year over the past 2 years. 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
WE PROVIDED FUNDING FOR THE ACQUISITION OF SIX YOUTH SAILING VESSELS USED BY THE POULSBO YACHT CLUB YOUTH SAILING ORGANIZATION TO PROVIDE YOUTH SAILING AND SAFETY INSTRUCTION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Ramsey President | 1 | $0 | |
Pamela Ramsey Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,955 |
| 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 | $19,955 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,020 |
| Other expenses | $0 |
| Total expenses | $1,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,148 |
| Other assets | $0 |
| Total assets | $24,148 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,148 |