Tranet
- Assets
- $36.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rangeley, ME
- Founding
- 09/1985
- Data as of
- 12/2017
- EIN
- 01-0357178
Organization Overview
Tranet is located in Rangeley, ME. The organization was established in 1985. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tranet is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Tranet generated $15.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $27.1k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
PROVIDE LOCAL RADIO STATION IN RURAL AREA IN SUPPORT OF YOUTH ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glen Pascal Vice President | 4 | $0 | |
David Mcmillan President | 4 | $0 | |
David Schinas Treasurer | 4 | $0 | |
Pam Nobbs Director | 2 | $0 | |
Greg Andrews Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,503 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,341 |
| Professional fees and other payments to independent contractors | $1,573 |
| Occupancy, rent, utilities, and maintenance | $1,500 |
| Printing, publications, postage, and shipping | $195 |
| Other expenses | $5,522 |
| Total expenses | $27,131 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,836 |
| Other assets | $0 |
| Total assets | $36,216 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,216 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cortico Corporation Boston, MA | $3,352,303 | $987,674 |
Mit Real Estate Foundation Inc Cambridge, MA | $3,185,000 | -$155,000 |
International First Committee Association Manchester, NH | $2,287,995 | $919,576 |
Brokaw Family Foundation Merrimack, NH | $4,131,332 | $152,642 |
New Hampshire Tech Alliance Manchester, NH | $288,906 | $429,424 |
Robots In Service Of The Environment Inc Carlisle, MA | $148,050 | $300,008 |
Massachusetts Chemical Technology Alliance Inc Upton, MA | $47,644 | $0 |
Share Foundation Inc New Bedford, MA | $318,829 | $146,392 |
Vermont Technology Council Inc Burlington, VT | $481,716 | $0 |