Mervin And Annette Peters Family Foundation
- Assets
- $1.5m
- Revenue
- $185.4k
- Investments
- $747.8k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 30-6406014
Organization Overview
Mervin And Annette Peters Family Foundation is located in Las Vegas, NV. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mervin And Annette Peters Family 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 12/2021, Mervin And Annette Peters Family Foundation generated $185.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $244.3k during the year ending 12/2021. While expenses have increased by 3.6% 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.
Since 2015, Mervin And Annette Peters Family Foundation has awarded 44 individual grants totaling $395,411. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wells Fargo Bank Na Trustee | 1 | $13,332 | |
Mervin D Peters Officer | 0 | $0 | |
Annette A Peters Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,552 |
| Dividends & Interest | $20,934 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,025 |
| Capital Gain Net Income | $45,025 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $117,866 |
| Total Revenue | $185,377 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,332 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,736 |
| Depreciation | $166,937 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,705 |
| Total operating and administrative expenses | $189,285 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $244,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $43,618 |
| Net Accounts receivable | $16,830 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $747,834 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $674,478 |
| Total assets | $1,482,760 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mervin And Annette Peters Family Foundation has awarded $55,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Bryan, TX PURPOSE: FOR EDUCATIONAL PURPOSES | $28,000 |
Bryan, TX PURPOSE: FOR CHARITABLE PURPOSES | $9,000 |
BRAZOS COMMUNITY FOUNDATION PURPOSE: FOR CHARITABLE PURPOSES | $5,000 |
BRYANCOLLEGE STATION HABITAT FOR HUMANITY PURPOSE: FOR CHARITABLE PURPOSES | $5,000 |
SOS MINISTRIES PURPOSE: FOR CHARITABLE PURPOSES | $3,000 |
Bryan, TX PURPOSE: FOR CHARITABLE PURPOSES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Neighborhood House Assn San Diego, CA | $20,146,968 | $97,699,697 |
Portable Practical Educational Preparation Inc Tucson, AZ | $20,477,573 | $94,704,086 |
Chicanos Por La Causa Inc Phoenix, AZ | $7,948,599,708 | $121,803,796 |
Sbcs Corporation Chula Vista, CA | $44,117,675 | $87,559,700 |
Bay Area Community Services Inc Oakland, CA | $30,842,402 | $71,014,541 |
United Movement Inc Las Vegas, NV | $7,228,928 | $63,347,968 |
Nevada H A N D Inc Las Vegas, NV | $197,568,857 | $83,930,370 |
Lift To Rise Palm Desert, CA | $10,036,798 | $56,799,508 |
Catholic Charities Of Santa Clara County San Jose, CA | $37,221,303 | $52,659,902 |
Farmlink Project Pacific Palisades, CA | $3,073,736 | $51,204,063 |
Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |
Catholic Charities Of Los Angeles Los Angeles, CA | $401,651,832 | $56,844,483 |