Farms Country Club Foundation Inc
- Assets
- $89.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wallingford, CT
- Founding
- Data as of
- 12/2023
- EIN
- 86-3626392
Organization Overview
Farms Country Club Foundation Inc is located in Wallingford, CT. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farms Country Club 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 12/2023, Farms Country Club Foundation Inc generated $91.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $73.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
AISE AWARENESS OF VARIOUS CHARITABLE CAUSES AND RAISE FUNDS FOR EACH CAUSE BY HOSTING EVENTS, SUCH AS GOLF TOURNAMENTS, DINNERS, AND 5KS. THESE EVENTS WILL BE FUNDED BY CONTRIBUTIONS FROM THE PUBLIC, INCLUDING DONATIONS AND EVENT PARTICIPATION FEES. APPROXIMATELY NINETY PERCENT (90%) OF THE CORPORATION'S EXPENSES WILL BE ALLOCATED TO THESE EVENTS. BY HOSTING THESE EVENTS, THE FOUNDATION WILL BE ABLE TO RAISE MONEY TO DONATE TO CHARITABLE CAUSES AND EDUCATE THE PUBLIC ON, AND DRAW AWARENESS TO, THESE CAUSES, SO AS TO PERPETUATE INVOLVEMENT AND FUTURE CONTRIBUTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Annenberg President | 1 | $0 | |
Gregory Harte Secretary | 1 | $0 | |
Richard Gesseck Treasurer | 1 | $0 | |
Joseph Enright Director | 1 | $0 | |
Donald Dupont Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,677 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $76 |
| Other Revenue | $0 |
| Total Revenue | $91,753 |
| 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 | $525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,261 |
| Total expenses | $73,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,289 |
| Other assets | $0 |
| Total assets | $89,289 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,289 |