Galena Territory Foundation
- Assets
- $141.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galena, IL
- Founding
- 03/2001
- Data as of
- 12/2021
- EIN
- 36-4421972
Organization Overview
Galena Territory Foundation is located in Galena, IL. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galena Territory 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, Galena Territory Foundation generated $51.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $33.4k during the year ending 12/2021. While expenses have increased by 5.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS TO FOURTEEN AREA HIGH SCHOOL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Rector Treasurer | 1 | $0 | |
Lynn Zehnder Secretary | 1 | $0 | |
Ovlivia Maple Director | 1 | $0 | |
Sherry Koster Vice President | 1 | $0 | |
Lisa Binder President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,833 |
| Total Program Service Revenue | $300 |
| Membership dues | $0 |
| Investment income | $660 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,793 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $956 |
| Printing, publications, postage, and shipping | $3,618 |
| Other expenses | $556 |
| Total expenses | $33,430 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,448 |
| Other assets | $0 |
| Total assets | $141,448 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,448 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Galena Territory Foundation has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Fitzgerald Family Foundation Inc Inverness, IL PURPOSE: GENERAL FUND | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |
Clven National House Corporation Carmel, IN | $3,795,815 | $8,533,157 |
College Heights Foundation Inc Bowling Green, KY | $121,076,020 | $12,280,275 |
Northern Kentucky University Foundation Inc Highland Heights, KY | $152,385,239 | $8,696,843 |
Rochelle Zell Jewish High School Deerfield, IL | $17,970,776 | $8,473,073 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Western Kentucky University Foundation Bowling Green, KY | $138,269,164 | $12,431,849 |
Charles & Ellora Alliss Educational Foundation Milwaukee, WI | $87,576,345 | $9,781,011 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |