Ichauway Inc
- Assets
- $38.7m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, GA
- Founding
- 09/1988
- Data as of
- 12/2022
- EIN
- 58-1824778
Organization Overview
Ichauway Inc is located in Newton, GA. The organization was established in 1988. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Ichauway 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 12/2022, Ichauway Inc generated $12.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $12.9m during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUBSTANTIALLY ALL OF THE FOUNDATION'S RESOURCES ARE DEVOTED TO THE ENVIRONMENTAL RESEARCH, EDUCATION, AND CONSERVATION PROGRAMS OF THE JOSEPH W. JONES ECOLOGICAL RESEARCH CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
P Russell Hardin President | 5 | $0 | |
Erik S Johnson Vice President/secretary | 5 | $0 | |
Eli P Niepoky Treasurer | 5 | $0 | |
Kier Klepzig Director | 40 | $241,200 | |
James B Williams Chairman Emeritus | 1 | $0 | |
E Jenner Wood III Chairman | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brasfield & Gorrie Llc | 12/30/22 | $12,555,876 |
Advent Business Interiors | 12/30/22 | $279,838 |
Georgia Power Company | 12/30/22 | $264,663 |
Southwest Contract | 12/30/22 | $224,327 |
Collins Cooper Carusi Architects Inc | 12/30/22 | $150,484 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,558,761 |
| Interest on Savings | $820 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $181,969 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $150,747 |
| Total Revenue | $12,892,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $241,200 |
| Other employee salaries and wages | $4,972,996 |
| Pension plans, employee benefits | $2,075,391 |
| Interest | $0 |
| Taxes | $202,231 |
| Depreciation | $1,659,545 |
| Occupancy | $344,326 |
| Travel, conferences, and meetings | $111,325 |
| Printing and publications | $21,889 |
| Other expenses | $3,076,065 |
| Total operating and administrative expenses | $12,838,980 |
| Contributions, gifts, grants paid | $80,860 |
| Total expenses and disbursements | $12,919,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,845 |
| Savings and temporary cash investments | $4,458,231 |
| Net Accounts receivable | $241,857 |
| Net Pledges Receivable | $0 |
| Grants receivable | $14,585,474 |
| 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 | $97,950 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $19,153,034 |
| Other assets | $0 |
| Total assets | $38,708,391 |
| Accounts payable and accrued expenses | $2,148,122 |
| Grants payable | $0 |
| Deferred revenue | $13,960 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,162,082 |
Grants Awarded
Over the last fiscal year, Ichauway Inc has awarded $80,860 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FLINT RIVERKEEPER PURPOSE: MISCELLANEOUS CONTRIBUTION | $250 |
BAKER COUNTY 4-H CLUB PURPOSE: MISCELLANEOUS CONTRIBUTION | $500 |
UGA RESEARCH FOUNDATION INC PURPOSE: RESEARCH | $47,755 |
VIRGINIA TECH PURPOSE: RESEARCH | $26,500 |
UNIVERSITY OF GEORGIA PURPOSE: RESEARCH | $5,855 |