Friends of Lonesome Historic Site, Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$4,219.00
Projected Expenses
$4,659.00
Organizational Budgets and Other Documents
| Projected Budget | 2023 |
| FOLHS Budget | 2022 |
| FOLHS Budget 2021 | 2021 |
| FOLHS budget 2020 | 2020 |
| FOLHS Budget | 2019 |
IRS Letter of Exemption
| FoLHS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $114,629.00 | $0.00 | $236,941.00 |
| Total Expenses | $111,924.00 | $0.00 | $28,194.00 |
| Revenue Less Expenses | $2,705.00 | ($-0.00) | $208,747.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $114,629.00 | $0.00 | $236,941.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $0.00 | $0.00 | $28,194.00 |
| Administration Expense | $0.00 | $0.00 | $0.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 840% | ||
| Program Expense/Total Expenses | 100% | ||
| Fundraising Expense/Contributed Revenue | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $114,629.00 | $0.00 | Contributions, Gifts, Grants $236,941.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $108,951.00 | $0.00 | $208,747.00 |
| Current Assets | $108,951.00 | $0.00 | $208,747.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $0.00 | $0.00 | $0.00 |
| Total Net Assets | $108,951.00 | $0.00 | $208,747.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
Do you anticipate a campaign in the next 5 years?
No
What is the campaign goal?
$150,000.00
What is the purpose of the capital campaign?
In 2022 we completed the restoration of the cabin, except the roof and screening, which will be completed in the summer of 2023. We also completed a Master Plan for the entire site, and are fundraising to build out the plan in stages over a period of 3-4 years. The first stage will focus on parking and hardtop roads into the site, as well as some signage. Future stages will include toilets, a kitchen, and refurbishment of the pavilion. Also planned are walking trails and appropriate landscaping.
Campaign Start
June 2023
Campaign End
October 2024
Campaign Raised to Date Month
June
Campaign Raised to Date Year
2023
Campaign Raised to Date Amount
$375,000.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Form 990s
| 2023 Form 990 | 2023 |
| 990N | 2022 |
| 990 | 2021 |
| Schedule A | 2021 |
| Form 990 Schedule O | 2021 |
| 990-N | 2020 |
| 990-N | 2019 |
| 990-N | 2018 |
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| We were able to complete a Master Plan for the site in 2022. We are now raising funds to build out the plan in 3-4 years. |
Foundation Staff Comments
| In 2021 & 2023, this organization filed and Form 990EZ or Form 990. Foundation and corporate grants may be included in Conributions, Gifts, and Grants sum, as these amounts are not separated in Form 990EZ. Specific breakdown of expenses into Program, Administration and Fundraising categories is unavailable, as the 990EZ does not provide this information. Form 990 prepared internally by nonprofit. In 2022, this organization filed a 990-N form with the IRS, which does not provide specific financial information. Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less are required to electronically submit Form 990-N, also known as the e-Postcard, unless they choose to file a complete Form 990 or Form 990-EZ instead. Comments provided by Nicole Rose 10/06/2024. |
