Greater Lewes Foundation
- Assets
- $2.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Lewes, DE
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 51-0400365
Organization Overview
Greater Lewes Foundation is located in Lewes, DE. The organization was established in 2000. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Lewes 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 12/2022, Greater Lewes Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 28.4% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT, IMPROVE & ENHANCE QUALITY OF LIFE IN LEWES, DELAWARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUING SMALL GRANTS TO SUPPORT OTHER LOCAL CHARITABLE (501(C)(3)AGENCIES AND CITY PROPERTIES (IE. PARK AND LIBRARY)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean L Geary Former Secre | 10 | $18,128 | |
Ted Becker Director | Trustee | 2 | $0 |
James Ford Director | Trustee | 2 | $0 |
Dennis Forney Director Eme | Trustee | 2 | $0 |
Jeffrey Fried Director | Trustee | 2 | $0 |
Rob Gibbs Vice Chairma | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,009,401 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,125,839 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,135,240 |
| Total Program Service Revenue | $52,580 |
| Investment income | -$129,316 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,279 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,068,783 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,102,646 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $57,380 |
| Fees for services: Legal | $10,291 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,582 |
| Fees for services: Other | $0 |
| Advertising and promotion | $66,104 |
| Office expenses | $7,571 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,600 |
| Travel | $1,248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $849 |
| All other expenses | $4,923 |
| Total functional expenses | $1,535,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $982,574 |
| Savings and temporary cash investments | $785,221 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $949,203 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,716,998 |
| Accounts payable and accrued expenses | $5,309 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $107,761 |
| Total liabilities | $113,070 |
| Net assets without donor restrictions | $2,545,298 |
| Net assets with donor restrictions | $58,630 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,716,998 |
Grants Awarded
Over the last fiscal year, Greater Lewes Foundation has awarded $427,633 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DONATION-CITY OF LEWES PURPOSE: MAINTAIN PARK AREAS | $8,450 |
VARIOUS SMALL GRANTS PURPOSE: TO ASSIST LOCAL CHAR | $419,183 |