Panhandle Charitable Open Inc
- Assets
- $0.0
- Revenue
- $282.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 07/2006
- Data as of
- 12/2019
- EIN
- 20-4681683
Organization Overview
Panhandle Charitable Open Inc is located in Pensacola, FL. The organization was established in 2006. 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. Panhandle Charitable Open 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 12/2019, Panhandle Charitable Open Inc generated $282.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $292.0k during the year ending 12/2019. While expenses have increased by 11.4% per year over the past 5 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.
Since 2015, Panhandle Charitable Open Inc has awarded 78 individual grants totaling $1,325,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PANHANDLE CHARITABLE OPEN (PCO) IS DEDICATED TO SERVING THE NEEDS OF THE COMMUNITY WITH EMPHASIS ON EDERLY CARE, SPECIAL NEEDS SITUATIONS FOR CHILDREN AND FEEDING THE HUNGRY. THE PCO FOCUSES ITS FUNDING ON COMMITTED, GRASS ROOTS ORGANIZATIONS THAT RELY STRONGLY ON VOLUNTEER EFFORTS AND WHERE FOUNDATION SUPPORT WILL MAKE A SIGNIFICANT DIFFERENCE. ALL OF THE NET PROCEEDS FROM THE COMMUNITY GOLF TOURNAMENT GO DIRECTLY TO LOCAL CHARITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A COMMUNITY GOLF TOURNAMENT TO RAISE MONEY USED TO SUPPORT LOCAL CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John L Peacock Jr Director | Trustee | 1 | $0 |
David G Hickerson Treasurer | OfficerTrustee | 5 | $0 |
Anne L Hickerson Director | Trustee | 1 | $0 |
Drew Matthew Peacock Director | Trustee | 1 | $0 |
Melissa Dandridge Director | Trustee | 1 | $0 |
Hong Tran Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $282,321 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $282,321 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $292,000 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $292,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Panhandle Charitable Open Inc has awarded $268,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CHILD GUARDIANS PURPOSE: TO FUND OPERATIONS | $20,000 |
CHILDREN'S HOME SOCIETY PURPOSE: TO FUND OPERATIONS | $50,000 |
GULF COAST KIDS HOUSE PURPOSE: TO FUND OPERATIONS | $50,000 |
COUNCIL ON AGING OF WEST FLORIDA PURPOSE: TO FUND OPERATIONS | $50,000 |
FAVOR HOUSE ON NW FLORIDA PURPOSE: TO FUND OPERATIONS | $5,000 |
BAPTIST HEALTH FOUNDATION PURPOSE: TO FUND OPERATIONS | $10,000 |