Grace Foundation For The Preservation Of American
- Assets
- $55.3m
- Revenue
- $5.5m
- Investments
- $47.2m
- Employees
- 0
- Location
- Cave Creek, AZ
- Founding
- 05/1990
- Data as of
- 12/2023
- EIN
- 86-0642616
Organization Overview
Grace Foundation For The Preservation Of American is located in Cave Creek, AZ. The organization was established in 1990. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Foundation For The Preservation Of American 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 12/2023, Grace Foundation For The Preservation Of American generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.3% each year . All expenses for the organization totaled $2.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING A PUBLIC HISTORICAL MUSEUM DEDICATED TO THEPRESERVATION OF AMERICANA - PROJECTED OPENING HAS BEEN EXTENDED TO 2026. AS THE FOUNDATION CONTINUES TO REPAIR EXTERNAL FEATURES LARGER PROBLEMS WITH THE "BONES" OF THE MUSEUM HAVE BEEN DISCOVERED. ONCE THE EXTERNAL FEATURES HAVE BEEN RESTORED (I.E. ROOF, LOAD BEARING WALLS, AND WATER DRAINAGE ISSUES, WELL RESTORATION), FOCUS WILL CENTER ON RESTORATION OF THE INSIDE OF THE MUSEUM. THAT BEING SAID, THE SALOON IS WELL ON ITS WAY WITH NEW FLOORS AND KITCHEN AREAS. FURTHER, EQUIPMENT HAS BEEN PURCHASED IN ORDER TO EXPEDITE EXTERNAL REPAIRS AND WILL CONTINUE TO BE USED FOR FUTURE MAINTENANCE. WE CONTINUE TO REACH OUT TO OUR NEIGHBORS IN THE COMMUNITY WHO SHARE THE FOUNDATION'S MISSION TO PRESERVE THE SONORAN DESERT AND THE WILDLIFE THAT INHABIT IT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kari Kettner President / CEO | 45 | $288,743 | |
Andrew Krygier Vice President / Cao | 40 | $193,081 | |
Jakob Krygier Secretary / Volunteer Director | 40 | $62,400 | |
Kailee Krygier Treasurer / Outreach Coor | 40 | $62,400 | |
Krystel Mazur Director / Nonprofit Administrator | 20 | $13,000 | |
Kelia Hutchins Director / Npo Communications Admin | 20 | $13,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tornado Landscaping | 12/30/23 | $755,731 |
Jrs On Duty Home Watch | 12/30/23 | $735,925 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,118,444 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,331,803 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,193 |
| Capital Gain Net Income | $21,293 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,466,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $632,624 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $40,801 |
| Interest | $0 |
| Taxes | $325,977 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $824,803 |
| Total operating and administrative expenses | $2,664,062 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $2,674,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $313,303 |
| Savings and temporary cash investments | $1,623,025 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,165,315 |
| Net Land, buildings, and equipment | $4,617,585 |
| Other assets | $1,570,705 |
| Total assets | $55,326,437 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Grace Foundation For The Preservation Of American has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE CHARLIE BROWN HOUSE PURPOSE: ANIMAL PROTECTION AND WELFARE | $10,000 |
MARICOPA COUNTY SHERIFFS OFFICE JEEP POSSE INC PURPOSE: UNIFORMS | $10,000 |