Friends Of Elizabeth Ii Inc
- Assets
- $8.8m
- Revenue
- $2.2m
- Investments
- $6.8m
- Employees
- 3
- Location
- Manteo, NC
- Founding
- 01/1983
- Data as of
- 12/2021
- EIN
- 58-1489392
Organization Overview
Friends Of Elizabeth Ii Inc is located in Manteo, NC. The organization was established in 1983. As of 12/2021, Friends Of Elizabeth Ii Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Elizabeth Ii 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 12/2021, Friends Of Elizabeth Ii Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $706.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES ANNUAL FINANCIAL SUPPORT TO ROANOKE ISLAND COMMISSION IN THE AMOUNT OF 439,793 IN ADDITION THE FOUNDATION PROVIDES SUPPORT TO ROANOKE ISLAND FESTIVAL PARK. THE FOUNDATION PAID RELATED EXPENSES ON BEHALF OF ROANOKE ISLAND COMMISSION IN THE AMOUNT OF 12,324. THE FOUNDATION'S PRIMARY MISSION IS TO ADVISE THE ROANOKE ISLAND COMMISSION ON MATTERS PERTINENT TO THE DEVELOPMENT AND OPERATION OF THE HISTORIC SITE; TO PUBLISH, ACQUIRE DISPOSE OF AND RENT PROPERTY OR REAL ESTATE, AND OTHER MATERIALS AND EQUIPMENT TO EHNANCE ITS GOALS. AND OPERATE A MUSEUM SHOP AND OTHER CONCESSIONS ON BEHALF OF THE COMMISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Vann-Whitaker Secretary | 0 | $0 | |
Dwight D Gregory Chairman | 0 | $0 | |
Eellen S Newbold None | 0 | $0 | |
Libba Evans None | 0 | $0 | |
Pat Herman None | 0 | $0 | |
William G Harrison Vice-Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,504 |
| Interest on Savings | $151 |
| Dividends & Interest | $140,137 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,858,539 |
| Capital Gain Net Income | $115,381 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $205,571 |
| Total Revenue | $2,209,902 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $15,203 |
| Pension plans, employee benefits | $1,161 |
| Interest | $0 |
| Taxes | $4,323 |
| Depreciation | $26,634 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $225 |
| Printing and publications | $0 |
| Other expenses | $159,999 |
| Total operating and administrative expenses | $266,173 |
| Contributions, gifts, grants paid | $439,793 |
| Total expenses and disbursements | $705,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,068,899 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,352 |
| 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 | $2,531 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,800 |
| Total assets | $8,842,100 |
| Accounts payable and accrued expenses | $4,394 |
| 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 | $8,714 |
| Total liabilities | $13,108 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of Elizabeth Ii Inc has recieved totaling $1,007.
| Awarding Organization | Amount |
|---|---|
Anonymous Fund Greensboro, NC PURPOSE: GENERAL OPERATING | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Elizabeth Ii Inc Manteo, NC | $8,842,100 | $2,209,902 |
Alexandria Seaport Foundation Alexandria, VA | $876,932 | $609,185 |
Holland Village Inc Lumberton, NC | $15,570 | $41,582 |
Patriots Point Naval And Maritime Museum Foundation Mt Pleasant, SC | $553,298 | $29,538 |
Hampton Roads Naval Historical Foundation Norfolk, VA | $143,296 | $0 |