Networkpeninsula
- Assets
- $85.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 26-1250149
Organization Overview
Networkpeninsula is located in Newport News, VA. The organization was established in 2008. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Networkpeninsula 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 12/2021, Networkpeninsula generated $105.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $98.6k during the year ending 12/2021. While expenses have increased by 16.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Dutro Recording Secretary/executive Direc | 25 | $39,338 | |
Florence Santoro Treasurer | 1 | $0 | |
Ron Monark President | 1 | $0 | |
Stephen O'connor Officer | 1 | $0 | |
Andrea Sardone Officer | 1 | $0 | |
Sam Eure Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,684 |
| Total Program Service Revenue | $60,341 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,031 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,804 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $649 |
| Other expenses | $46,812 |
| Total expenses | $98,592 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,882 |
| Other assets | $0 |
| Total assets | $85,882 |
| Total liabilities | $48,526 |
| Net assets or fund balances | $37,356 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Networkpeninsula has recieved totaling $76,173.
| Awarding Organization | Amount |
|---|---|
Williamsburg Community Health Foundation Inc Williamsburg, VA PURPOSE: NONPROFIT MANAGEMENT INSTITUTE; DISCRETIONARY FUNDING | $27,500 |
Williamsburg Community Health Foundation Inc Williamsburg, VA PURPOSE: NONPROFIT MANAGEMENT INSTITUTE; DISCRETIONARY FUNDING | $27,500 |
Bernardine Franciscan Sisters Foundation Inc Newport News, VA PURPOSE: SEE STMT 13 SEC IV | $21,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council On Foundations Inc Washington, DC | $28,475,981 | $12,025,472 |
Independent Sector Washington, DC | $46,005,638 | $15,271,435 |
Capital Research Center Washington, DC | $10,585,659 | $6,083,008 |
Rethink Charity Mineral, VA | $1,112,987 | $5,137,197 |
Phi Delta Kappa International Inc Arlington, VA | $1,144,067 | $2,025,770 |
National Center For Family Philanthropy Inc Washington, DC | $7,834,627 | $8,108,744 |
Marlene And Spencer Hays Foundation Nashville, TN | $119,169,427 | $6,377,944 |
Moments Of Hope Outreach Studley, VA | $714,742 | $2,126,416 |
National Council Of Nonprofits Washington, DC | $6,534,362 | $5,933,056 |
Friends Of Ufm Inc Mclean, VA | $131,424 | $1,208,671 |
Association Of State Service Commissions Washington, DC | $2,273,259 | $2,551,469 |
Meagel Charitable Tr Parkersburg, WV | $19,887,737 | $1,831,117 |