Eden Foundation Ii
- Assets
- $4.5m
- Revenue
- $4.0m
- Investments
- $2.0m
- Employees
- 0
- Location
- Newton, MA
- Founding
- Data as of
- 09/2023
- EIN
- 87-2985224
Organization Overview
Eden Foundation Ii is located in Newton, MA. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Eden Foundation Ii 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 09/2023, Eden Foundation Ii generated $4.0m in total revenue. All expenses for the organization totaled $117.3k during the year ending 09/2023. While expenses have increased by 46.8% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HOSTS AN ANNUAL MULTI-DAY FESTIVAL TO EDUCATE THE GENERAL PUBLIC ON EMERGING MUSIC AND ART, SUSTAINABILITY AND ENVIRONMENTALLY FRIENDLY PRACTICES. THE MAIN GOAL OF THE FESTIVAL IS TO BRING CULTURAL AND EDUCATIONAL ACTIVITIES TO A RURAL COMMUNITY WHERE THESE RESOURCES ARE NOT OTHERWISE AVAILABLE. PROGRAMMING FOCUSES ON MUSIC AND ART BUT ALSO INCLUDES ACTIVITIES RELATED TO MENTAL AND PHYSICAL HEALTH, ORGANIC FARMING, AND THE ENVIRONMENT. FY23'S EVENT TOOK PLACE OVER FOUR DAYS, COINCIDING WITH MEMORIAL DAYWEEKEND 2023. WE HAD APPROXIMATELY 10-20 ATTENDEES DAILY FOR EACH OF THE DAYTIME EVENTS (YOGA SESSIONS, NATURE WALKS, FOREST EXCURSIONS, BIRD WATCHING, MUSHROOM HUNTING, AND PILATES) AND ABOUT 80-100 ATTENDEES NIGHTLY FOR EACH OF THE NIGHTTIME EVENTS (EFFIGY CONSTRUCTION & BURN, FIREWORKS, MUSIC & DANCING, STILT WALKING, AERIALISTS, AND FIRE SPINNING).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Preston Postlethwaite President & Director | 5 | $0 | |
Harrison Zipper Treasurer & Director | 1 | $0 | |
Scott Pedersen Secretary & Director | 1 | $0 | |
Highpoint Management Llc Foundation Manager | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kcs Architects | 9/29/23 | $149,256 |
Me Matthews Inc | 9/29/23 | $115,770 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,988,600 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,733 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,379 |
| Total Revenue | $4,010,712 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $9 |
| Other expenses | $73,414 |
| Total operating and administrative expenses | $116,319 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $117,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,068,504 |
| Savings and temporary cash investments | $0 |
| 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 | $560,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,969,473 |
| Net Land, buildings, and equipment | $860,480 |
| Other assets | $0 |
| Total assets | $4,458,457 |
| 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 |