Overview
Principio Furnace Foundation Inc is a non-profit organization based in Perryville, Maryland, with assets totaling $229,631. The foundation reported expenses of $133,667 and revenue of $123,015. It primarily funds projects in various cities within Maryland, including Aberdeen, Bel Air, Charleston, Charlestown, Elkton, North East, Perryville, and Port Deposit. The foundation's leadership includes Gary A. Stewart Jr. as President, Jeremy Lynch as Treasurer, and Sarah Warrington Colenda as Secretary. While the President and Treasurer work minimal hours without compensation, the Secretary works 32 hours and receives a compensation of $38,400. The foundation does not specify particular subject areas for its funding.
Focus Areas
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Financials
in 2024, compared to $238,954 in 2023
9 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $9,000 | YOUTH EMPOWERMENT SERVICES | GENERAL OPERATIONS | 140 MAFFITT STREET ELKTON, MD US | 2022 |
| $8,000 | YOUTH EMPOWERMENT SERVICES | GENERAL OPERATIONS | 140 MAFFITT STREET ELKTON, MD US | 2023 |
| $8,000 | YOUTH EMPOWERMENT SERVICES | GENERAL OPERATIONS | 140 MAFFITT STREET ELKTON, MD US | 2024 |
| $7,500 | HABITAT FOR HUMANITY SUSQUEHANNA | GENERAL OPERATIONS | 205 S HAYS STREET BEL AIR, MD US | 2022 |
| $7,000 | PERRYVILLE HIGH SCHOOL | GENERAL OPERATIONS | PERRYVILLE ROAD PERRYVILLE, MD US | 2024 |
| $6,535 | BOY'S AND GIRL'S CLUB OF CECIL COUNTY | GENERAL OPERATIONS | PO BOX 1106 ABERDEEN, MD US | 2022 |
| $5,225 | CECIL COLLEGE FOUNDATION | YEARLY DONATION | ONE SEAHAWK DRIVE NORTH EAST, MD US | 2024 |
| $5,000 | HABITAT FOR HUMANITY SUSQUEHANNA | GENERAL OPERATIONS | 205 S HAYS STREET BEL AIR, MD US | 2023 |
| $5,000 | HABITAT FOR HUMANITY SUSQUEHANNA | GENERAL OPERATIONS | 205 S HAYS STREET BEL AIR, MD US | 2024 |
| $4,704 | BOY'S AND GIRL'S CLUB OF CECIL COUNTY | GENERAL OPERATIONS | PO BOX 1106 ABERDEEN, MD US | 2024 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
SWC
SARAH WARRINGTON COLENDA
| SECRETARY | $38400 | 2024 |
SWC
SARAH WARRINGTON COLENDA
| SECRETARY | $35450 | 2023 |
SWC
SARAH WARRINGTON COLENDA
| SECRETARY | $31200 | 2022 |
GASJ
GARY A STEWART JR
| PRESIDENT | $0 | 2022 |
JL
JEREMY LYNCH
| TREASURER | $0 | 2022 |
GASJ
GARY A STEWART JR
| PRESIDENT | $0 | 2023 |
JL
JEREMY LYNCH
| TREASURER | $0 | 2023 |
GASJ
GARY A STEWART JR
| PRESIDENT | $0 | 2024 |
JL
JEREMY LYNCH
| TREASURER | $0 | 2024 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024