Nonprofit · EIN 47-2856759
PENGUIN COURT INC
Tax-exempt · CHADDS FORD, PA 19317
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,763,035 | $845,743 | $3,917,292 | $29,239,291 | $3,351 | $29,235,940 |
| June 30, 2024 | 990 | $523,005 | $729,648 | -$206,643 | $27,829,792 | $11,860 | $27,817,932 |
| June 30, 2023 | 990 | $274,056 | $652,531 | -$378,475 | $26,244,656 | $9,945 | $26,234,711 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $33,022
- Program service revenue
- $6,828
- Investment income
- $4,684,566
- Net gain from sales of assets
- $4,098,793
- Net income from fundraising events
- -$313
- Net income from sales of inventory
- $23,332
- Other revenue
- $38,619
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $284,775
- Salaries, compensation and benefits (total)
- $347,025
- Professional fundraising fees
- $0
- Legal fees
- $265
- Accounting fees
- $9,000
- Occupancy
- $51,516
- Travel
- $4,267
- Depreciation
- $77,286
- Program services (functional)
- $664,011
- Management and general (functional)
- $181,732
Balance sheet and other
- Total assets, start of year
- $27,829,792
- Total assets, end of year
- $29,239,291
- Total liabilities, end of year
- $3,351
- Net assets, end of year
- $29,235,940
- Land, buildings and equipment
- $9,716,165
- Publicly traded securities
- $19,328,463
- Net assets without donor restrictions
- $677,977
- Net assets with donor restrictions
- $28,557,963
- Gross receipts
- $28,526,941
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2014
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Virginia A Logan | Assistant Secretary Trustee or director, Officer | 2 | $0 | $344,831 | $50,172 |
| Cuyler H Walker | President Trustee or director, Officer | 2 | $0 | $0 | $0 |
| David Harrington | Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| W Donald Sparks II Esq | Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Matthew Groll | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Laura Gutnick | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Jack M Hines Jr | Board Member Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Virginia A Logan | Assistant Secretary Trustee or director, Officer | 2 | $0 | $343,337 | $50,218 |
| David Harrington | Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| W Donald Sparks II Esq | Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Cuyler H Walker | President Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Matthew Groll | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Laura Gutnick | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Jack M Hines Jr | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Morris W Stroud II | Board Member Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Virginia A Logan | Assistant Secretary Trustee or director, Officer | 2 | $0 | $334,057 | $62,397 |
| David Harrington | Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| W Donald Sparks II Esq | Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Cuyler H Walker | President Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Matthew Groll | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Laura Gutnick | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Jack M Hines Jr | Board Member Trustee or director | 2 | $0 | $0 | $0 |
| Morris W Stroud II | Board Member Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 141, CHADDS FORD, PA 19317-0141
- In care of
- % VIRGINIA A LOGAN
- Principal officer (990 for 2024)
- Karl Malkin, PO Box 141, Chadds Ford, PA 193170141
- Signed the 990
- Karl Malkin, CFO
- Phone
- (610) 388-2700
- Website
- www.Brandywine.org
- Return prepared by
- Bonadio & Co LLP
Mission
Penguin Court, Inc. protects and manages the land, water, cultural and natural resources of Penguin Court and the Thomas Road Property to advance education, research, and community engagement.
Program accomplishments
- Education, Public Outreach & Property Sustainability: The Westmoreland County property, known as Penguin Court and Thomas Road Farm, are maintained and preserved in accordance with the Management Plan created by Brandywine Conservancy in 2017. Penguin Court educates and engages the public through programs and activities on the property and in the community. Special initiatives include Pennsylvania Master Naturalist, Trout in the Classroom, and Westmoreland Pollinator Partners.Expenses $664,011 · revenue $45,760
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2856759
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C30)
- Assets (IRS master file)
- $29,239,291
- Income (IRS master file)
- $28,526,941
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,763,035 | $845,743 | $29,239,291 | XML |
| 990 | June 2024 | $523,005 | $729,648 | $27,829,792 | XML |
| 990 | June 2023 | $274,056 | $652,531 | $26,244,656 | XML |
| 990 | June 2022 | $1,559,393 | $678,686 | $25,373,846 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2856759).
Questions about PENGUIN COURT INC
- What is the EIN of PENGUIN COURT INC?
- The employer identification number (EIN) of PENGUIN COURT INC is 47-2856759.
- Is PENGUIN COURT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to PENGUIN COURT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does PENGUIN COURT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PENGUIN COURT INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PENGUIN COURT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PENGUIN COURT INC?
- The 990 for the year ended June 30, 2025 names Karl Malkin.
- Who are the officers and directors of PENGUIN COURT INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does PENGUIN COURT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,763,035, expenses of $845,743 and total assets of $29,239,291 at year end.
Other nonprofits in CHADDS FORD
- NORTH AMERICAN LAND TRUST EIN 23-2698266 · last filed 990 for 2024
- PENNSBURY LAND TRUST EIN 23-2824321 · last filed 990-EZ for 2025
- POINT LOOKOUT FARMLIFE AND WATER PRESERVE FOUNDATION INC EIN 31-1813800 · last filed 990-PF for 2024
- TRAILS AND WATERWAYS EIN 88-2081349 · last filed 990-N for 2025
- BRANDYWINE CONSERVANCY & MUSEUM OF ART EIN 51-6020908 · last filed 990 for 2025
- KENNETT FIRE AND EMS REGIONAL COMMISSION INC EIN 82-3828348 · last filed 990 for 2025
- HEALTHY KIDS RUNNING SERIES EIN 80-0779739 · last filed 990 for 2025
- FAIRVILLE FRIENDS SCHOOL INC EIN 22-2769603 · last filed 990 for 2025