Kingswood Youth Center
- Assets
- $1.2m
- Revenue
- $494.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Wolfeboro Falls, NH
- Founding
- 04/2001
- Data as of
- 06/2021
- EIN
- 02-0509978
Organization Overview
Kingswood Youth Center is located in Wolfeboro Falls, NH. The organization was established in 2001. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Kingswood Youth Center employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingswood Youth Center 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 06/2021, Kingswood Youth Center generated $494.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $182.8k during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE KINGSWOOD YOUTH CENTER PROVIDES A SAFE AND POSITIVE ENVIRONMENT IN WHICH YOUTH MAY GROW, LEARN AND DEVELOP LIFE SKILLS CRITICAL TO THEIR SUCCESS IN THE ADULT WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KINGSWOOD YOUTH CENTER PROVIDES A SAFE AND POSITIVE ENVIRONMENT IN WHICH YOUTH MAY GROW, LEARN, AND DEVELOP LIFE SKILLS CRITICAL TO THEIR SUCCESS IN THE ADULT WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachary Porter Executive Director | Officer | 40 | $61,436 |
Gina Jewell Secretary | OfficerTrustee | 2 | $0 |
Judith Hatch Board Member | OfficerTrustee | 1 | $0 |
Kevin Sanzenbacher Treasurer | OfficerTrustee | 2 | $0 |
Martha Krause Board Member | Trustee | 1 | $0 |
Maria Found Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,519 |
| Investment income | $6,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $162 |
| Net Gain/Loss on Asset Sales | $27,100 |
| Net Income from Fundraising Events | $54,525 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $494,360 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,009 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,378 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,097 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,110 |
| Interest | $3,665 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,542 |
| Insurance | $12,238 |
| All other expenses | $0 |
| Total functional expenses | $182,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $210,562 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $409,760 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,767 |
| Other assets | $0 |
| Total assets | $1,241,742 |
| Accounts payable and accrued expenses | $2,932 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $93,098 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $96,030 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,145,712 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kingswood Youth Center has recieved totaling $123,000.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For general/operating support, Life Skills & Beyond school programs, KYC Cupboard | $114,000 |
Granite United Way Manchester, NH PURPOSE: COMMUNITY IMPACT | $7,500 |
Henry F Hurlburt Iii Charitable Trust Wolfeboro, NH PURPOSE: GENERAL | $1,500 |
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The Dream Program Inc Winooski, VT | $2,278,849 | $2,506,559 |
Wendell P Clark Memorial Young Mens Christian Association Inc Winchendon, MA | $12,441,713 | $1,690,949 |
America Scores New England Jamaica Plain, MA | $2,925,434 | $3,151,256 |
Great Dog Rescue Ne Inc Andover, MA | $428,754 | $1,390,243 |
Literations Corp Boston, MA | $662,625 | $1,263,144 |
Community Boating Center Inc New Bedford, MA | $3,478,537 | $1,581,499 |
Lee Youth Association Inc Lee, MA | $624,843 | $1,197,728 |
Railroad Street Youth Project Great Barrington, MA | $745,774 | $1,166,668 |