Kingswood Youth Center
- Assets
- $1.3m
- Revenue
- $261.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Wolfeboro Falls, NH
- Founding
- 04/2001
- Data as of
- 06/2022
- 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 06/2024, 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 06/2022, Kingswood Youth Center generated $261.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $180.9k during the year ending 06/2022. While expenses have increased by 1.9% per year over the past 8 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
2022
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 | $71,366 |
Sandra Caproni Board Member | Trustee | 1 | $0 |
Judith Hatch Treasurer | OfficerTrustee | 2 | $0 |
Karen Zagula Secretary | OfficerTrustee | 2 | $0 |
Maria Found Board Member | Trustee | 1 | $0 |
Martha Krause Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,250 |
| Investment income | $8,351 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$421 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $45,647 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,255 |
| 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 | $101,808 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,208 |
| 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 | $770 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,632 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,864 |
| Interest | $3,151 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,122 |
| Insurance | $7,980 |
| All other expenses | $0 |
| Total functional expenses | $180,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $301,355 |
| 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 | $376,747 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,498 |
| Other assets | $0 |
| Total assets | $1,306,790 |
| Accounts payable and accrued expenses | $66 |
| 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 | $80,623 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $80,689 |
| Net assets without donor restrictions | $1,226,101 |
| 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 | $1,226,101 |