Totals
- Total revenue
- $215,895
- Total expenses
- $421,421
- Contributions and grants received
- $191,805
- Grants paid
- $200,697
- Program service revenue
- $0
- Investment income
- $24,090
- Other revenue
- $0
- Total assets, end of year
- $6,528,359
- Total liabilities, end of year
- $1,362,090
- Net assets or fund balances, end of year
- $5,166,269
- Program services expenses (Part IX)
- $250,734
- Management and general expenses
- $116,307
- Fundraising expenses
- $54,380
- Program service expenses (Part III)
- $250,734
Program services were 59.5% 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.
-
1f · All other contributions, gifts and grants
$191,805
-
3 · Investment income
total $99,647 · excluded $99,647
-
7a · Gross sales of assets other than inventory
securities $3,600,101
-
7b · Less cost or other basis and sales expenses
securities $3,675,658
-
7c · Gain or loss
securities -$75,557
-
7d · Net gain or loss
total -$75,557 · excluded -$75,557
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $122,947 · program services $122,947
-
2 · Grants to domestic individuals
total $77,750 · program services $77,750
-
5 · Compensation of officers, directors and key employees
total $84,250 · program services $28,083 · management and general $28,084 · fundraising $28,083
-
7 · Other salaries and wages
total $39,370 · program services $13,124 · management and general $13,123 · fundraising $13,123
-
9 · Other employee benefits
total $6,784 · program services $2,261 · management and general $2,262 · fundraising $2,261
-
11c · Fees: accounting
total $18,793 · management and general $18,793
-
11f · Fees: investment management
total $36,238 · management and general $36,238
-
13 · Office expenses
total $10,906 · program services $1,500 · management and general $5,309 · fundraising $4,097
-
16 · Occupancy
total $23,837 · program services $5,069 · management and general $11,952 · fundraising $6,816
-
24a · Other expenses: BAD DEBT EXPENSE
total $546 · management and general $546
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $86,223 · end of year $45,057
-
10a · Land, buildings and equipment: cost or other basis
$24,064
-
10b · Land, buildings and equipment: accumulated depreciation
$12,695
-
10c · Land, buildings and equipment, net
beginning of year $1,117 · end of year $11,369
-
11 · Investments: publicly traded securities
beginning of year $8,087,762 · end of year $6,471,933
-
17 · Accounts payable and accrued expenses
beginning of year $2,550
-
25 · Other liabilities
beginning of year $1,791,041 · end of year $1,362,090
-
27 · Net assets without donor restrictions
beginning of year $1,343,830 · end of year $123,723
-
28 · Net assets with donor restrictions
beginning of year $5,037,681 · end of year $5,042,546
Mission and programs · 2022
Mission
THE MISSION OF THE PORTAGE FOUNDATION IS TO BUILD A THRIVING AND DYNAMIC COMMUNITY FOR PORTAGE COUNTY. ACTING AS A "BRIDGE" BETWEEN DONORS AND CHARITABLE ACTIVITIES, WE STRIVE TO INSPIRE PHILANTHROPY, BUILD ENDOWMENTS, IMPACT CAUSES, AND FOSTER PROJECTS.
-
THE PORTAGE FOUNDATION IS A CHARITABLE ORGANIZATION CREATED BY AND FOR A COMMUNITY OF PEOPLE. IT IS SUPPORTED BY LOCAL DONORS AND GOVERNED BY A BOARD OF PRIVATE CITIZENS WHO WORK TOWARD THE GREATER GOOD OF THE COMMUNITY. WITH FUNDING PRIORITIES THAT SPAN EIGHT KEY AREAS, INCLUDING ANIMAL WELFARE, ARTS AND CULTURE, CHILDREN'S PROGRAMS, EDUCATION, ENVIRONMENT, ECONOMIC DEVELOPMENT, HEALTH, AND HUMAN SERVICES, THE FOUNDATION PROVIDED $122,947 IN GRANTS TO NON-PROFIT ORGANIZATIONS IN NORTHEAST OHIO WITH PROGRAMS TARGETING PORTAGE COUNTY RESIDENTS. IN 2022, SUPPORT FOR LOCAL FOOD BANKS, FOSTER CHILDREN, AND ARTS PROGRAMMING WERE SOME OF THE TOP GRANT RECIPIENTS. OUR FOUNDATION ALSO PROVIDED $77,750 IN SCHOLARSHIPS TO AREA HIGH SCHOOL AND COLLEGE STUDENTS IN 2022.
Expenses $250,734 · Grants $200,697
As filed on the 2022 return.
Listed in Part VII
-
Deborah SmeilesDEBORAH SMEILES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth BarryELIZABETH BARRY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Linda ZuccaLINDA ZUCCA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Angela DejuliusANGELA DEJULIUS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Amy AdamsAMY ADAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Denise BabaDENISE BABA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Colin BoyleCOLIN BOYLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tony BuenoTONY BUENO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kathy ChudakoffKATHY CHUDAKOFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Steve FisherSTEVE FISHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jen HayesJEN HAYES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anne JorgensenANNE JORGENSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Beth PadisakBETH PADISAK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brent PfeifferBRENT PFEIFFER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amy PapeshAMY PAPESH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Toby Ann WeberTOBY ANN WEBER
INTERIM EXECUTIVE DIRECTOR
- Total calculated
- $33,000
- From this org
- $33,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Scott TaylorSCOTT TAYLOR
EXECUTIVE DIRECTOR
- Total calculated
- $51,250
- From this org
- $51,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
-
$57,663
GENERAL USE
-
GENERAL USE
-
$8,591
GENERAL USE
-
$6,747
GENERAL USE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343179349303444
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.