Friends of Historic Rock Castle
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$387,255.00
Projected Expenses
$382,433.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Friends of Rock Castle IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $424,126.00 | $362,656.00 | |
| Total Expenses | $282,905.00 | $159,372.00 | |
| Revenue Less Expenses | ($-0.00) | $141,221.00 | $203,284.00 |
Revenue Sources
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $276,874.00 | $126,229.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $773,399.00 | $63,066.00 | |
| Investment Income, Net of Losses | $78,133.00 | $118,174.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $-8,220.00 | $54,647.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $270,623.00 | $187,629.00 | |
| Administration Expense | $12,282.00 | $15,655.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 150% | 178% | |
| Program Expense/Total Expenses | 96% | 92% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Program Revenue $773,399.00 | Contributions, Gifts, Grants $126,229.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $276,874.00 | Investment Income $118,174.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $78,133.00 | Program Revenue $63,066.00 |
Assets and Liabilities
| Fiscal Year | 2025 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $602,972.00 | $466,253.00 | |
| Current Assets | $580,815.00 | $449,138.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $15,649.00 | $20,653.00 | |
| Total Net Assets | $587,323.00 | $445,600.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
| FY 2022-2023 Compiled Financial Statements | 2023 |
| FY 2018 Compiled Financial Statements | 2018 |
| 2017 Accountant's Compilation Report | 2017 |
Foundation Staff Comments
| Financials taken from the 990EZ. 990 completed by Jennings and Clouse, PLC. Comment provided by Hayley Sulfridge 2/21/24. |
