Friends Of The New Hanover County Arboretum Inc
- Assets
- $330.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 01/1986
- Data as of
- 12/2023
- EIN
- 56-1484952
Organization Overview
Friends Of The New Hanover County Arboretum Inc is located in Wilmington, NC. The organization was established in 1986. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, 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. Friends Of The New Hanover County Arboretum 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 12/2023, Friends Of The New Hanover County Arboretum Inc generated $141.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $108.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 9 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
SUPPORT THE MAINTENANCE & IMPROVEMENT OF THE NEW HANOVER COUNTY, NORTH CAROLINA, 7-ACRE ARBORETUM PROPERTY AND PROVIDE VOLUNTEERS TO WORK ON THE FACILITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Polk President | 20 | $4,139 | |
Bob Fortiano Treasurer | 3 | $0 | |
Carol Bales Secretary | 3 | $0 | |
Jt Fritsch Director | 2 | $0 | |
Valerie Smith Director | 2 | $0 | |
Doug Thatcher Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,786 |
| Total Program Service Revenue | $14,743 |
| Membership dues | $30,375 |
| Investment income | $2,319 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,922 |
| Other Revenue | $21 |
| Total Revenue | $141,091 |
| 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 | $34,901 |
| Occupancy, rent, utilities, and maintenance | $3,233 |
| Printing, publications, postage, and shipping | $384 |
| Other expenses | $68,435 |
| Total expenses | $108,316 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $295,041 |
| Other assets | $0 |
| Total assets | $330,505 |
| Total liabilities | $3,538 |
| Net assets or fund balances | $326,967 |