Hardwood Forest Foundation Inc is located in Collierville, TN. The organization was established in 1991. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, 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. Hardwood Forest Foundation 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, Hardwood Forest Foundation Inc generated $113.7k 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 (4.4%) each year. All expenses for the organization totaled $197.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
THE FOUNDATION PRODUCES AND PROMOTES EDUCATIONAL FILMS AND PUBLICATIONS RELATED TO TEACHING THE GENERAL PUBLIC ABOUT ECOLOGY OF HARDWOOD FORESTS AND THE ROLE THEY PLAY IN OUR SOCIETY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Deford Executive Director | 40 | $64,615 | |
Deonn Deford President | 2 | $0 | |
Jesper Bach Vice President | 1 | $0 | |
Neil Owens Secretary | 0.5 | $0 | |
Stephanie Vandystadt Past President | 0.5 | $0 | |
Butch Bernhardt Board Member | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,269 |
| Total Program Service Revenue | $2,508 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,903 |
| Other Revenue | $0 |
| Total Revenue | $113,710 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,615 |
| Professional fees and other payments to independent contractors | $14,727 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,204 |
| Other expenses | $109,824 |
| Total expenses | $197,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,710 |
| Other assets | $0 |
| Total assets | $149,865 |
| Total liabilities | $16,208 |
| Net assets or fund balances | $133,657 |