Somervell History Foundation
- Assets
- $1.3m
- Revenue
- $205.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Rose, TX
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 75-2894511
Organization Overview
Somervell History Foundation is located in Glen Rose, TX. The organization was established in 2001. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somervell History Foundation 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, Somervell History Foundation generated $205.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $144.0k during the year ending 12/2021. While expenses have increased by 9.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT EDUCATION AND PRESERVATION OF HISTORIC RESOURCES OF GLEN ROSE AND SOMERVELL COUNTY, TEXAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION/PUBLIC AWARENESS EMPHASIS ON HISTORIC RESOURCES IN GLEN ROSE AND SOMERVELL COUNTY, TEXAS. EFFORTS CONTINUED TO HONOR THE FOUNDERS OF GLEN ROSE, THE BARNARD FAMILY.
N/A
N/A
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 |
|---|---|---|---|
Ann Carver President | OfficerTrustee | 5 | $0 |
Kelly Harris Vice President | OfficerTrustee | 5 | $0 |
Mary Collier Secretary | OfficerTrustee | 5 | $0 |
Demetra Conrad Treasurer | OfficerTrustee | 5 | $0 |
Angela Conway Director | Trustee | 1 | $0 |
Aj Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,501 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,038 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,539 |
| Total Program Service Revenue | $3,685 |
| Investment income | $153,367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,490 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,551 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,530 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,829 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,014 |
| Office expenses | $11,980 |
| Information technology | $300 |
| Royalties | $0 |
| Occupancy | $19,186 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,659 |
| Insurance | $11,468 |
| All other expenses | $6,505 |
| Total functional expenses | $143,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,725 |
| Savings and temporary cash investments | $449,529 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $582,481 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $261,825 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,315,560 |
| Accounts payable and accrued expenses | $2,046 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,046 |
| Net assets without donor restrictions | $1,313,514 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,315,560 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Somervell History Foundation has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Action And Contemplation Inc Albuquerque, NM | $15,264,590 | $12,835,886 |
Southern Gas Association Dallas, TX | $5,545,984 | $4,419,938 |
Humanities Texas Austin, TX | $9,920,951 | $4,003,511 |
Common Threads Austin, TX | $2,007,404 | $3,535,258 |
Archaeological Conservancy Albuquerque, NM | $56,717,200 | $10,561,379 |
Louisiana Endowment For The Humanities New Orleans, LA | $7,660,408 | $3,249,427 |
Dallas Human Resource Management Association Inc Dallas, TX | $3,193,977 | $1,127,847 |
Oklahoma Humanities Council Inc Oklahoma City, OK | $1,955,276 | $1,624,150 |
Brilliant Lecture Series Inc Houston, TX | $24,900 | $1,346,410 |
Searchlight New Mexico Santa Fe, NM | $846,961 | $1,080,972 |
Bartoskewitz Farm Foundation Seguin, TX | $3,479,402 | $1,928,325 |
System For Education Empowerment And Success Houston, TX | $312,075 | $658,184 |