Fifth Press Foundation Inc
- Assets
- $1.2m
- Revenue
- $80.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Murray, UT
- Founding
- 08/2009
- Data as of
- 12/2022
- EIN
- 26-4383541
Organization Overview
Fifth Press Foundation Inc is located in Murray, UT. The organization was established in 2009. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. Fifth Press 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 12/2022, Fifth Press Foundation Inc generated $80.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $55.1k during the year ending 12/2022. While expenses have increased by 11.0% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
WRITING AND COMPILING OF BOOKS RELATING TO GEORGE GURDJIEFF'S BELIEFS AND STUDIES IN ACCORDANCE WITH THE APPLICATION OF THE FOUNDATIONS NON-FOR-PROFIT STATUS. THE MAJORITY OF THE EXPENSES INCURRED IN THE CURRENT YEAR HAVE BEEN INCLUDED IN INVENTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | 0 | $0 | |
Dr Keith A Buzzell Director | 0 | $0 | |
Marlena O Buzzell Director | 0 | $0 | |
Barbara T Smyth Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $103,849 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | -$23,640 |
| Other Income | $0 |
| Total Revenue | $80,209 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54,559 |
| Total operating and administrative expenses | $55,059 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $55,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,645 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,051 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $1,155,622 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $20 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,192,338 |
| 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 | $5 |
| Total liabilities | $5 |
Grants Awarded
Over the last fiscal year, Fifth Press Foundation Inc has awarded $800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
A NEW LEAF PURPOSE: CHARITABLE PURPOSES | $700 |
ROOTS ACTION PURPOSE: CHARITABLE PURPOSES | $100 |