Quaker City
- Assets
- $7.6m
- Revenue
- $415.5k
- Investments
- $6.5m
- Employees
- 0
- Location
- Chester Springs, PA
- Founding
- 11/1997
- Data as of
- 12/2023
- EIN
- 52-6854624
Organization Overview
Quaker City is located in Chester Springs, PA. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quaker City 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 12/2023, Quaker City generated $415.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Quaker City has awarded 765 individual grants totaling $10,344,632. 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 |
|---|---|---|---|
Collin F Mcneil Trustee/fdtn | 40 | $81,024 | |
Clayton Gates Chapman Mcneil VP | 40 | $42,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $162,279 |
| Dividends & Interest | $104,472 |
| Net Rental Income | -$45,350 |
| Net Gain on Sale of Assets | $134,289 |
| Capital Gain Net Income | $134,289 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,134 |
| Total Revenue | $415,464 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $123,024 |
| Other employee salaries and wages | $68,776 |
| Pension plans, employee benefits | $393 |
| Interest | $0 |
| Taxes | $47,196 |
| Depreciation | $22,119 |
| Occupancy | $5,001 |
| Travel, conferences, and meetings | $7,616 |
| Printing and publications | $1,878 |
| Other expenses | $140,122 |
| Total operating and administrative expenses | $439,839 |
| Contributions, gifts, grants paid | $1,412,673 |
| Total expenses and disbursements | $1,852,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $520,927 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $31,883 |
| 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 | $2,591,119 |
| Net Land, buildings, and equipment | $563,638 |
| Other assets | $0 |
| Total assets | $7,620,391 |
| Accounts payable and accrued expenses | $33,092 |
| 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 | $33,092 |
Grants Awarded
Over the last fiscal year, Quaker City has awarded $1,412,673 in support to 93 organizations.
| Grant Recipient | Amount |
|---|---|
1883 FOUNDATION PURPOSE: OPERATIONS FOR EXEMPT PURPOSES | $14,440 |
ACADEMY OF MUSIC INC PURPOSE: OPERATIONS FOR EXEMPT PURPOSES | $1,000 |
AMERICAN FIRST POLICY INSTITUTE PURPOSE: OPERATIONS FOR EXEMPT PURPOSES | $400 |
ASHBROOK CENTER PURPOSE: OPERATIONS FOR EXEMPT PURPOSES | $25,840 |
ATHENAEUM OF PHILADELPHIA PURPOSE: OPERATIONS FOR EXEMPT PURPOSES | $1,500 |
BOYS LATIN OF PHILADELPHIA PURPOSE: OPERATIONS FOR EXEMPT PURPOSES | $115,463 |