Nonprofit · EIN 82-2637129
SEVEN ACRES FOUNDATION
Tax-exempt · CHELAN, WA 98816
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $766,945 | $1,348,672 | -$581,727 | $20,806,069 | $7,331,006 | $13,475,063 |
| December 31, 2023 | 990 | $2,052,899 | $824,979 | $1,227,920 | $20,283,004 | $6,226,214 | $14,056,790 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $697,743
- Program service revenue
- $71,239
- Investment income
- $1
- Net income from fundraising events
- -$2,038
- Other revenue
- -$2,038
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $83,750
- Salaries, compensation and benefits (total)
- $83,750
- Professional fundraising fees
- $0
- Legal fees
- $996
- Accounting fees
- $13,590
- Depreciation
- $403,957
- Program services (functional)
- $404,194
- Management and general (functional)
- $744,160
- Fundraising (functional)
- $200,318
Balance sheet and other
- Total assets, start of year
- $20,283,004
- Total assets, end of year
- $20,806,069
- Total liabilities, end of year
- $7,331,006
- Net assets, end of year
- $13,475,063
- Land, buildings and equipment
- $20,173,179
- Net assets without donor restrictions
- $14,056,790
- Net assets with donor restrictions
- -$581,727
- Gross receipts
- $768,983
- Employees
- 0
- Year formed
- 2018
- State of legal domicile
- WA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maribel Cruz | Executive Director | 40 | $83,750 |
| Benjamin Williams | Director Trustee or director | 2 | $0 |
| April Williams | Director Trustee or director | 2 | $0 |
| Kyle Plew | Director Trustee or director | 2 | $0 |
| Brian Hendricks | Director Trustee or director | 2 | $0 |
| Adam Rynd | Director Trustee or director | 2 | $0 |
| Scott Hutchinson | Director Trustee or director | 2 | $0 |
| Brett LaMar | Director Trustee or director | 2 | $0 |
| Danielle Harden | Director Trustee or director | 2 | $0 |
| Erin Shagren | Secretary Officer | 2 | $0 |
| Brooke Isaak | President Officer | 15 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maribel Cruz | Executive Director | 40 | $83,495 |
| Benjamin Williams | Director Trustee or director | 1 | $0 |
| April Williams | Director Trustee or director | 1 | $0 |
| Kyle Plew | Director Trustee or director | 1 | $0 |
| Brian Hendricks | Director Trustee or director | 1 | $0 |
| Adam Rynd | Director Trustee or director | 1 | $0 |
| Scott Hutchinson | Director Trustee or director | 6 | $0 |
| Brett LaMar | Director Trustee or director | 1 | $0 |
| Danielle Harden | Director Trustee or director | 1 | $0 |
| Erin Shagren | Secretary Officer | 1 | $0 |
| Brooke Isaak | President Officer | 20 | $0 |
| Dan Hodge | Vice President | 3 | $0 |
| Denise Nichols | Secretary | 5 | $0 |
| Ty Witt | Director | 5 | $0 |
| Allan Mayer | Director | 0 | $0 |
| Raye Evans | Grants Manager | 40 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1732, CHELAN, WA 98816-1732
- In care of
- % SEVEN ACRES FOUNDATION
- Principal officer (990 for 2024)
- Brooke Isaak, PO Box 1732, Chelan, WA 98816
- Signed the 990
- Brooke Isaak, President
- Phone
- (509) 670-9058
- Website
- sevenacresfoundation.org
- Return prepared by
- Tamarack Tax and Consulting LLC
Mission
To be a hub that connects people, resources, and activities to each other in ways that enhance the quality of life in the Lake Chelan Valley.
Program accomplishments
- Ongoing accumulation of assets to put toward building the Community Center at Lake ChelanExpenses $202,595 · revenue $690,970
- Provided rental space to the community for programs and activities, serving as a vital resource to support local initiaties and foster community engagement.Expenses $201,599 · revenue $78,012
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-2637129
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $20,806,069
- Income (IRS master file)
- $768,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $766,945 | $1,348,672 | $20,806,069 | XML |
| 990 | December 2023 | $2,052,899 | $824,979 | $20,283,004 | XML |
| 990 | December 2022 | $5,517,830 | $257,026 | $16,411,306 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 82-2637129).
Questions about SEVEN ACRES FOUNDATION
- What is the EIN of SEVEN ACRES FOUNDATION?
- The employer identification number (EIN) of SEVEN ACRES FOUNDATION is 82-2637129.
- Is SEVEN ACRES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to SEVEN ACRES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEVEN ACRES FOUNDATION 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 SEVEN ACRES FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SEVEN ACRES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SEVEN ACRES FOUNDATION?
- The 990 for the year ended December 31, 2024 names Brooke Isaak.
- Who are the officers and directors of SEVEN ACRES FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $83,750 (Maribel Cruz, Executive Director).
- How much revenue does SEVEN ACRES FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $766,945, expenses of $1,348,672 and total assets of $20,806,069 at year end.
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- TENDER LOVING CARE FOR SENIORS EIN 33-1800665 · last filed 990-N for 2025
- CHELAN VALLEY COMMUNITY NURSE EIN 87-4524241 · last filed 990-N for 2025
- LAKE CHELAN CHAMBER OF COMMERCE EIN 91-0588869 · last filed 990 for 2024
- LAKE CHELAN FOOD BANK EIN 30-0843675 · last filed 990 for 2025