Fryeburg Academy Alumni Association
- Assets
- $356.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fryeburg, ME
- Founding
- 08/1998
- Data as of
- 06/2022
- EIN
- 01-0423877
Organization Overview
Fryeburg Academy Alumni Association is located in Fryeburg, ME. The organization was established in 1998. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fryeburg Academy Alumni Association 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 06/2022, Fryeburg Academy Alumni Association generated $13.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $21.5k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE OBJECT OF THE ASSOCIATION IS TO PROMOTE THE MATERIAL WELFARE, ADD TO THE EDUCATIONAL FACILITIES AND SECURE THE CONTINUING USEFULNESS OF THE FRYEBURG ACADEMY HIGH SCHOOL TO THE GENERATIONS TO COME AS IT ALREADY SERVED THOSE IN THE PAST. THE OBJECTIVE IS ACCOMPLISHED THROUGH THE ORGANIZATION OF ALUMNI EVENTS, THE CONTRIBUTION OF FUNDS TO THE SCHOOL FOR LONG-TERM PROJECTS, THE ADVANCEMENT OF SCHOLARSHIP MONIES FOR STUDENTS, PURCHASE OF NECESSARY SCHOOL SUPPLIES, AND OTHER ACTIVITIES DEEMED NECESSARY TO ADVANCE THE CAUSES OF THE FRYEBURG ACADEMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Charles President | 3 | $0 | |
Christopher Dutton Treasurer | 3 | $0 | |
Jennifer Bartlett Vice President | 2 | $0 | |
Shelly Walker Director | 1 | $0 | |
David Richardson Director | 1 | $0 | |
Ronald Sanborn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,823 |
| Gain or Loss | $10,454 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,277 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,285 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $126 |
| Other expenses | $5,130 |
| Total expenses | $21,482 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,224 |
| Other assets | $0 |
| Total assets | $356,212 |
| Total liabilities | $0 |
| Net assets or fund balances | $356,212 |
Grants Awarded
Over the last fiscal year, Fryeburg Academy Alumni Association has awarded $20,010 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Fryeburg, ME PURPOSE: STUDENT COLLEGE SCHOLARSHIPS | $7,000 |
Fryeburg, ME PURPOSE: STUDENT COLLEGE SCHOLARSHIPS | $7,000 |
Fryeburg, ME PURPOSE: STUDENT ACTIVITIES | $1,645 |
Fryeburg, ME PURPOSE: STUDENT ACTIVITIES | $1,645 |
Fryeburg, ME PURPOSE: FACULTY REQUESTS | $1,132 |
Fryeburg, ME PURPOSE: FACULTY REQUESTS | $1,132 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Nashua Inc Nashua, NH | $1,945,140 | $2,501,353 |
Heart Of Maine United Way Bangor, ME | $5,339,304 | $2,989,676 |
Jewish Community Alliance Of Southern Maine Portland, ME | $12,590,266 | $2,545,946 |
United Way Of Mid Coast Maine Inc Bath, ME | $2,637,313 | $1,845,712 |
United Way Of Kennebec Valley Augusta, ME | $2,973,844 | $2,086,314 |
Monadnock United Way Inc Keene, NH | $3,611,197 | $2,296,861 |
The Masonic Charitable Foundation Of The Grand Lodge Of Maine Holden, ME | $35,415,349 | $2,059,993 |
Foundation For Portland Public Schools Portland, ME | $1,243,540 | $1,739,135 |
United Way Of Androscoggin County Inc Lewiston, ME | $3,239,187 | $1,022,027 |
United Way Of Aroostook Presque Isle, ME | $423,672 | $720,193 |
Nashau Ice Skating Center Corp Nashua, NH | $1,949,288 | $911,265 |
United Mid-Coast Charities Inc Camden, ME | $5,640,036 | $840,362 |