Pennrose Foundation is located in Philadelphia, PA. The organization was established in 2018. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Pennrose 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 12/2022, Pennrose Foundation generated $153.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $87.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO ENHANCE PENNROSE'S MISSION OF TRANSFORMING COMMUNITIES BY SUPPORTING CHARITABLE ORGANIZATIONS AND EVENTS THAT BENEFIT: SENIORS AND FAMILIES, WELLNESS INITIATIVES, AND COMMUNITIES SURROUNDING PENNROSE LOCATIONS ACROSS THE COMPANY'S FOOTPRINT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Dambly President | 1 | $0 | |
Patrick Brala Treasurer | 1 | $0 | |
Carrie Holak Director Of Learning & Emp | 1 | $0 | |
Marsha Blunt VP Of Operations | 1 | $0 | |
Shannon Mowery VP Of Supportive Services | 1 | $0 | |
Lee Reedy VP Of Marketing & Communic | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $153,340 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $153,340 |
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 | $984 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $66,454 |
Total expenses | $87,938 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $268,552 |
Other assets | $0 |
Total assets | $279,524 |
Total liabilities | $10,652 |
Net assets or fund balances | $268,872 |