Snow Approach Foundation Inc
- Assets
- $457.2k
- Revenue
- $302.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsborough, NC
- Founding
- Data as of
- 12/2023
- EIN
- 88-2816398
Organization Overview
Snow Approach Foundation Inc is located in Hillsborough, NC. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Snow Approach 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, Snow Approach Foundation Inc generated $302.5k in total revenue. All expenses for the organization totaled $141.1k during the year ending 12/2023. While expenses have increased by 128.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE HOPE, SAVE LIVES, AND IMPROVE THE QUALITY OF LIFE FOR PEOPLE LIVING WITH BRAIN CHANGES CAUSED BY DEMENTIA OR OTHER BRAIN CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGEMENT - WE HAVE CONDUCTED OVER 100 COMPLIMENTARY BRAIN CONNECTION CAFES OVER THE PAST YEAR, SERVING BETWEEN 15 AND 60 PEOPLE PER SESSION, DEPENDING ON THE WEEK AND SESSION. WE HAVE CONDUCTED OVER 35 ADDITIONAL COMPLIMENTARY SPECIAL PROGRAMS WITHIN THE HILLSBOROUGH COUNTY REGIONAL AREA TO HEIGHTEN COMMUNITY AWARENESS OF BRAIN CHANGE AND OPPORTUNITIES FOR FAMILIES AND PEOPLE LIVING WITH DEMENTIA TO ENGAGE IN COMMUNITY LIFE AND ACTIVITIES. WE HAVE ENGAGED INTERNATIONAL VISITORS IN 18 SPECIFIC GROUP OPPORTUNITIES AND IN 20 INDIVIDUAL ENGAGEMENTS.
TRAININGS - WE HAVE OFFERED 55 COMPLIMENTARY KNOWLEDGE AND SKILL SESSIONS FOR FAMILIES, INDIVIDUALS, OR ORGANIZATIONS AT THE SAF HILLSBOROUGH LOCATION OR AT THEIR PREFERRED LOCATION.
CONSULTS - WE HAVE CONDUCTED OVER 250 COMPLIMENTARY CONSULTS OVER THE COURSE OF THE YEAR. THEY INCLUDE CONSULTS FOR INDIVIDUALS, FAMILY MEMBERS, TEAMS OF CARE SUPPORTERS, AND PROFESSIONALS PROVIDING SUPPORT TO PARTICIPANTS IN SAF PROGRAMS.
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 |
|---|---|---|---|
Teepa Snow Board Chair | OfficerTrustee | 15 | $0 |
Amanda Bulgarelli Board Vice Chair Treasurer | OfficerTrustee | 15 | $0 |
Heather Mckay Board Secretary | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,450 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $210,537 |
| Noncash contributions included in lines 1a–1f | $8,852 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,987 |
| Total Program Service Revenue | $99,450 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,975 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,488 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,612 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $380 |
| Advertising and promotion | $10,971 |
| Office expenses | $4,355 |
| Information technology | $219 |
| Royalties | $0 |
| Occupancy | $88,442 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,128 |
| Interest | $2,378 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,062 |
| Insurance | $1,527 |
| All other expenses | $0 |
| Total functional expenses | $141,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,580 |
| Savings and temporary cash investments | $67,179 |
| 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 | $16,056 |
| Net Land, buildings, and equipment | $324,405 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $457,220 |
| Accounts payable and accrued expenses | $2,484 |
| 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 | $29,142 |
| Secured mortgages and notes payable | $250,216 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $281,842 |
| Net assets without donor restrictions | $175,378 |
| 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 | $457,220 |