Public Charity

PENICK VILLAGE FOUNDATION INC

PENICK VILLAGE FOUNDATION INC is a Public Charity headquartered in SOUTHERN PINES, NC. Financial data from the 2025 filing: $774K revenue, $994K expenses, $2.9M total assets. 12 publicly reported grants to this organization, totaling roughly $220K, appear in IRS filings.

EIN: 201055492 SOUTHERN PINES, NC Fund Raising & Fund Distribution NTEE: L12 Latest filing: 2025
Total Revenue$774K
Total Expenses$994K
Total Assets$2.9M
Grant Records12
Funding Total$220K
Filing Years2021–2025

Mission

PENICK VILLAGE FOUNDATION CONTINUES ITS MISSION TO RAISE AND DISTRIBUTE FUNDS TO PENICK VILLAGE, INC.

Where $100 goes at Penick Village Foundation Inc

How Penick Village Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$87 Programs the work itself
$13 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $87 for programs

$87
Raise and distribute funds to support the charity work, mission and vision of penick village, inc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CEO Alva Cromartie
TRUSTEE Anne Hocutt
TRUSTEE Bob Darst
TRUSTEE Chault Broughton
CFO Christopher Mooney
TRUSTEE Dr Jim Tart

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$199,693 10 grants
Human & Social Services
$20,100 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $774K $994K $2.9M
2024 $409K $910K $3.2M
2023 $1.8M $761K $3.2M
2022 $734K $713K $2.0M
2021 $528K $344K $2.5M

Between 2021 and 2025, reported annual revenue grew from $528K to $774K (+47%), with total assets most recently reported at $2.9M.

Interactive year-over-year charts and full filing details available with membership.

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