Rockend Inc
- Assets
- $1.4m
- Revenue
- $148.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Northeast Harbor, ME
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 04-3380854
Organization Overview
Rockend Inc is located in Northeast Harbor, ME. The organization was established in 1997. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Rockend Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockend Inc 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 12/2021, Rockend Inc generated $148.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $58.8k during the year ending 12/2021. 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
EXPLORING THE ARTS WITH CHILDREN REGARDLESS OF ABILITY TO ASSIST IN THE DEVELOPMENT OF POSITIVE SELF ESTEEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPING CHILDRENS' SELF ESTEEM BY WORKING IN THE ARTS. THE PROGRAM COVERS ALL THE EXPENSES INCLUDING PROJECT MATERIALS, PROGRAMS AND TEACHING ASSISTANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Falt President | OfficerTrustee | 25 | $22,000 |
Alexander Reid Secretary | OfficerTrustee | $0 | |
Jay Hass Treasurer | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,094 |
| Total Program Service Revenue | $0 |
| Investment income | $11,778 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $53,801 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $148,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $22,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,974 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,047 |
| Payroll taxes | $2,502 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $825 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,168 |
| All other expenses | $0 |
| Total functional expenses | $58,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,492 |
| Savings and temporary cash investments | $90,684 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,166,696 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,433,872 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,433,872 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,433,872 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rockend Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Florence V Burden Foundation New York, NY PURPOSE: YOUTH DEVELOPMENT | $1,000 |
Devonwood Foundation Wilmington, DE PURPOSE: GENERAL OPERATING EXPENSES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ymca Alliance Of Maine Boothbay Harbor, ME | $858,962 | $3,334,346 |
Hurricane Island Foundation Rockland, ME | $2,589,539 | $2,820,272 |
Timanous Foundation South Portland, ME | $8,529,924 | $2,326,657 |
4 Leaf Lacrosse New England Hooksett, NH | $433,064 | $832,320 |
Tree Street Youth Inc Lewiston, ME | $4,002,831 | $1,476,944 |
Telling Room Portland, ME | $1,008,660 | $915,425 |
Hitters Count Inc Gorham, ME | $178,368 | $628,090 |
Oyster River Youth Association Madbury, NH | $490,758 | $376,563 |
Makin It Happen Coalition For Resilient Youth Inc Manchester, NH | $224,160 | $456,330 |
Apex Youth Connection Biddefrord, ME | $1,123,636 | $568,546 |
Maine Youth Alliance Belfast, ME | $113,521 | $413,922 |
All Children Cared For Educated Supported & Successful Winchester, NH | $8,780 | $170,933 |