Peace River Foundation Inc is located in Punta Gorda, FL. The organization was established in 2018. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Peace River 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 06/2023, Peace River Foundation Inc generated $663.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (45.9%) each year. All expenses for the organization totaled $561.0 during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (38.7%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PARTICIPATES IN CHARITABLE, EDUCATIONAL AND COMMUNITY SERVICE PROJECTS. VARIOUS LOCAL SCHOOLS AND ORGANIZATIONS BENEFIT FROM THE CONTRIBUTIONS, VOLUNTEER WORK AND SUPPORT. FUNCTIONS ARE HELD WHICH ASSIST IN DEVELOPING A GOOD RELATIONSHIP WITH THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ivankovic President | 2 | $0 | |
J David Campbell Treasurer | 3 | $0 | |
Dennis Wallace Vice Preside | 2 | $0 | |
Geoffrey L Lorah Secretary | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $661 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $663 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61 |
| Total expenses | $561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,491 |
| Other assets | $0 |
| Total assets | $5,491 |
| Total liabilities | $1,500 |
| Net assets or fund balances | $3,991 |