T A Berthel & G Metze Foundation
- Assets
- $587.1k
- Revenue
- $10.0k
- Investments
- $13.2k
- Employees
- 0
- Location
- Danville, IL
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-2602511
Organization Overview
T A Berthel & G Metze Foundation is located in Danville, IL. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. T A Berthel & G Metze 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 12/2023, T A Berthel & G Metze Foundation generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (51.4%) each year. All expenses for the organization totaled $43.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLACEMENT FOR ABANDONED PETS THROUGH ADOPTIONS AND RESCUE GROUPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Berthel President | 0 | $0 | |
Jamie A Berthel Secretary | 0 | $0 | |
Mark A Berthel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33 |
| Net Rental Income | -$31,765 |
| Net Gain on Sale of Assets | -$16 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,042 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,602 |
| Depreciation | $21,001 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,683 |
| Total operating and administrative expenses | $43,072 |
| Contributions, gifts, grants paid | $200 |
| Total expenses and disbursements | $43,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $923 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $572,944 |
| Other assets | $0 |
| Total assets | $587,107 |
| Accounts payable and accrued expenses | $8,642 |
| 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 | $0 |
| Total liabilities | $8,642 |
Grants Awarded
Over the last fiscal year, T A Berthel & G Metze Foundation has awarded $1,472 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GATEWAY FAMILY HEALTH SERVICES OF PURPOSE: MENTAL HEALTH | $500 |
DANVILLE SYMPHONY ORECHESTRA FOUNDA PURPOSE: TO PRESERVE THE FUTURE OF THE SYMPHO | $672 |
VERMILION HERITAGE FOUNDATION PURPOSE: ARTS, CULTURE, HUMANITIES | $300 |