Philanthropiece Foundation Inc
- Assets
- $16.1m
- Revenue
- $1.7m
- Investments
- $15.5m
- Employees
- 0
- Location
- Longmont, CO
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 84-1440983
Organization Overview
Philanthropiece Foundation Inc is located in Longmont, CO. The organization was established in 1998. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philanthropiece 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 12/2021, Philanthropiece Foundation Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 4.9% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAJA MEXICO INITIATIVESPHILANTHROPIECE ASOCIACION CIVIL, B.C.S. MEXICO PROVIDES TRAINING TO FORM COMMUNITY SAVINGS GROUPS WITH INTEGRATED LEADERSHIP AND FINANCIAL EDUCATION PROGRAMMING ON TOPICS SUCH AS PERSONAL BUDGETING, FINANCIAL GOALS AND DECISION MAKING, CREDIT BASICS, SOCIAL ENTREPRENEURSHIP, AND BUILDING COMMUNITY RESILIENCE. SERVING MORE THAN 900 PEOPLE IN OVER 25 COMMUNITIES AND INCLUDING 6 MEXICAN STATES, WITH A FOCUS ON WORKING WITH COMMUNITY MEMBERS INDICATED AS HIGH RISK (BASED ON EDUCATION, BASIC NEEDS, HEALTH, AND HOUSING FACTORS). SEE STATEMENT 13
GUATEMALA INITIATIVESFILANTROPIS ONG, CHAJUL GUATEMALA PROVIDES UNIVERSITY SCHOLARSHIPS, A UNIVERSITY CREDIT PROGRAM AND COMMUNITY TRAININGS FOCUSED ON PERSONAL AND PROFESSIONAL DEVELOPMENT AND SOCIAL ENTREPRENEURSHIP PRINCIPLES. THE PROGRAM INCLUDES WORKSHOPS, MENTORING, EDUCATIONAL TOURS, AND ATTENDANCE AT LOCAL AND NATIONAL CONFERENCES AND EVENTS. DIRECTLY SERVING 43 UNIVERSITY STUDENTS AND 20 NEW ENTREPRENEURS IN 2021. ADDITIONALLY, IMPACTING MORE THAN 1,000 MEMBERS OF INDIGENOUS MAYAN COMMUNITY VIA COMMUNITY FORUMS, SOCIAL ACTION PROJECTS, AND LOCAL BUSINESS SERVICES AND PRODUCTS. SEE STATEMENT 14
JUSTICE & EQUITY INITIATIVES IN BOULDER COUNTY, COLORADOCOLLABORATING WITH NON-PROFIT AND GRASSROOTS ORGANIZATIONS TO ADDRESS THEMES OF IMMIGRANT RIGHTS, INDIGENOUS RIGHTS, CLIMATE JUSTICE, ECONOMIC JUSTICE, AND BIPOC YOUTH ENGAGEMENTS. OUR RESOURCES, INCLUDING STAFF SUPPORT/EXPERIENCE AND FUNDS, DIRECTLY BENEFITED MORE THAN 2,000 COMMUNITY MEMBERS VIA ADVOCACY AND ORGANIZING, COALITION BUILDING, DIRECT SERVICES, EDUCATIONAL FORUMS, CONFERENCES, AND CAPACITY BUILDING MODULES, INCLUDES FISCAL SPONSORSHIPS FOR PROJECTS, PROGRAM AND MOVEMENT DEVELOPMENT AND INNOVATION. 34 PEOPLE GRADUATED FROM PHILANTHROPIECE PILOT PROGRAM, THE FINANCIAL HEALTH COURSE. ADDITIONALLY, PHILANTHROPIECE COLLABORATED WITH LOCAL GOVERNMENT STAFF AND COMMUNITY MEMBERS TO FORM AND RAISE FUNDS FOR THE "CLIMATE JUSTICE COLLABORATIVE OF BOULDER COUNTY," WHICH WAS RECOGNIZED WITH THE NATIONAL PARTNERS FOR PLACES GRANT FROM THE FUNDERS' NETWORK. SEE STATEMENT 15
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 |
|---|---|---|---|
Kathleen Doyle Myers Executive Director | 35 | $90,112 | |
John P Matlak Program Director | 40 | $72,551 | |
Laura A Soto-Ruvalcaba Operations Manager | 40 | $61,313 | |
Jordan Bailey Economic Justice Pro | 40 | $52,100 | |
Joan M Knudson Vice President | 25 | $24,000 | |
Elizabeth C Cook President | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $210,289 |
| Interest on Savings | $0 |
| Dividends & Interest | $576,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $880,649 |
| Capital Gain Net Income | $897,526 |
| Net ST Capital Gain | $107,743 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,309 |
| Total Revenue | $1,668,266 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $298,756 |
| Pension plans, employee benefits | $34,171 |
| Interest | $0 |
| Taxes | $32,918 |
| Depreciation | $0 |
| Occupancy | $30,965 |
| Travel, conferences, and meetings | $3,995 |
| Printing and publications | $0 |
| Other expenses | $480,557 |
| Total operating and administrative expenses | $1,035,314 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,035,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,864 |
| Savings and temporary cash investments | $359,114 |
| 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 | $798,394 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,079,916 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Philanthropiece Foundation Inc has awarded $12,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PHILIP J WEISER PUBLIC SERVICE PURPOSE: PROVIDE STUDENT FELLOWSHIP SUPPORT | $5,000 |
QUEER ENDEAVOR FUND PURPOSE: SUPPORT FOR RESOURCES FOR LGBT YOUTH | $5,000 |
NEW VENTURE CHALLENGE PURPOSE: INSPIRE RESPONSIBLE ENTREPRENEURSHIP | $1,500 |
Denver, CO PURPOSE: SUPPORT SOLUTIONS TO GLOBAL POVERTY | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Philanthropiece Foundation Inc has recieved totaling $71,650.
| Awarding Organization | Amount |
|---|---|
The Funders Network Inc Coral Gables, FL PURPOSE: PARTNERS FOR PLACES | $54,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,400 |
Longmont Community Foundation Longmont, CO PURPOSE: PROGRAM SUPPORT | $7,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mountain Family Health Centers Glenwood Springs, CO | $12,157,748 | $21,955,122 |
Charles Drew Health Center Inc Omaha, NE | $11,075,926 | $20,603,882 |
La Familia Medical Center Santa Fe, NM | $8,963,951 | $20,973,589 |
Midtown Community Health Center Inc Ogden, UT | $12,857,766 | $18,937,034 |
La Casa De Buena Salud Inc Portales, NM | $14,545,174 | $22,322,824 |
Morton Comprehensive Health Services Inc Tulsa, OK | $28,114,771 | $20,830,547 |
Tmcone Tucson, AZ | $689,031 | $16,736,881 |
Community Health Centers Inc Oklahoma City, OK | $9,979,142 | $18,258,576 |
United Community Health Center- Maria Auxiliadora Inc Green Valley, AZ | $24,675,152 | $19,529,758 |
Community Health Center Of Central Wyoming Inc Casper, WY | $17,377,741 | $19,894,621 |
Hunter Health Clinic Inc Wichita, KS | $18,786,024 | $18,046,793 |
Arizona Association Of Community Health Centers Inc Phoenix, AZ | $29,443,762 | $14,673,233 |