Marrowstone Island Foundation
- Assets
- $221.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nordland, WA
- Founding
- 09/1978
- Data as of
- 12/2022
- EIN
- 91-1036925
Organization Overview
Marrowstone Island Foundation is located in Nordland, WA. The organization was established in 1978. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Marrowstone Island 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, Marrowstone Island Foundation generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $86.4k during the year ending 12/2022. 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
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alva Ayers President | 8 | $0 | |
William Colgate Treasurer | 3 | $0 | |
Jim Nuerenberg Vice President | 6 | $0 | |
Cheryl Brunette Secretary | 3 | $0 | |
Martin Ivers Director | 1 | $0 | |
Doug Moore Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,988 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,615 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $96 |
| Total Revenue | $51,284 |
| 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 | $712 |
| Other expenses | $85,718 |
| Total expenses | $86,430 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $220,415 |
| Other assets | $0 |
| Total assets | $221,083 |
| Total liabilities | $0 |
| Net assets or fund balances | $221,083 |