Skip to content
Nonprofiteer
← FRANKLIN FOUNDATION OF KETTERING PARK TWO INC

Form 990 for tax year 2022

Filed by FRANKLIN FOUNDATION OF KETTERING PARK TWO INC.

Totals

Total revenue
$173,279
Total expenses
$222,603
Contributions and grants received
$78,393
Grants paid
$0
Program service revenue
$91,985
Investment income
$477
Other revenue
$2,424
Total assets, end of year
$1,060,402
Total liabilities, end of year
$53,594
Net assets or fund balances, end of year
$1,006,808
Program services expenses (Part IX)
$175,666
Management and general expenses
$46,937
Fundraising expenses
$0
Program service expenses (Part III)
$175,666

Program services were 78.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $78,393

  • 2a · Program service revenue: RENTAL REVENUE

    total $91,985 · related or exempt $91,985

  • 3 · Investment income

    total $477 · related or exempt $477

  • 11a · Other revenue: LAUNDRY & VENDING

    total $2,212 · related or exempt $2,212

  • 11b · Other revenue: MISCELLANEOUS CHARGES

    total $212 · related or exempt $212

  • 11e · Other revenue, total

    $2,424

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $16,543 · management and general $16,543

  • 11c · Fees: accounting

    total $6,680 · management and general $6,680

  • 13 · Office expenses

    total $5,036 · management and general $5,036

  • 22 · Depreciation, depletion and amortization

    total $42,723 · program services $42,723

  • 23 · Insurance

    total $9,055 · program services $9,055

  • 24a · Other expenses: REAL ESTATE TAXES

    total $35,528 · program services $35,528

  • 24b · Other expenses: UTILITIES

    total $30,672 · program services $30,672

  • 24c · Other expenses: OUTSIDE SERVICES

    total $28,654 · program services $28,654

  • 24d · Other expenses: MANAGER SALARY

    total $16,067 · management and general $16,067

  • 24e · All other expenses

    total $31,645 · program services $29,034 · management and general $2,611

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,285 · end of year $1,453

  • 10a · Land, buildings and equipment: cost or other basis

    $1,725,736

  • 10b · Land, buildings and equipment: accumulated depreciation

    $827,486

  • 10c · Land, buildings and equipment, net

    beginning of year $940,973 · end of year $898,250

  • 15 · Other assets

    beginning of year $168,601 · end of year $160,699

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,866 · end of year $6,989

  • 25 · Other liabilities

    beginning of year $43,861 · end of year $46,605

  • 27 · Net assets without donor restrictions

    beginning of year -$551,168 · end of year -$600,492

  • 28 · Net assets with donor restrictions

    beginning of year $1,607,300 · end of year $1,607,300

Mission and programs · 2022

Mission

TO PROVIDE HOUSING TO QUALIFIED ELDERLY & HANDICAPPED PERSONS.

  • TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES WITH SUBSIDIES FORM THE DEPARTMENT OF HOUSING & URBAN DEVELOPMENT BASED ON TENANT NEEDS. THE HOUSING FACILITIES ARE SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

    Expenses $175,666

As filed on the 2022 return.

Listed in Part VII

  • Lynn D Dalton

    PRESIDENT

    Total calculated
    $106,000
    From this org
    $0
    From related orgs
    $106,000
    Other
    $0
    Hours/week
    1 + 40 related

  • John C Havens

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • Thomas F Havens

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • John F Havens II

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • Suzanne H Nick

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25

  • Ellen H Hardymon

    SEC/TREAS

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
22 March 2023
IRS schema version
2022v5.0
Source object
202343059349302754

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.