New England School Of Metalwork
- Assets
- $1.2m
- Revenue
- $737.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Auburn, ME
- Founding
- 08/2004
- Data as of
- 12/2021
- EIN
- 20-0103372
Organization Overview
New England School Of Metalwork is located in Auburn, ME. The organization was established in 2004. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, New England School Of Metalwork employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England School Of Metalwork 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, New England School Of Metalwork generated $737.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $555.5k 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
EDUCATIONAL FACILITY DEVOTED TO THE PROMOTION AND STRENGTHENING OF METALWORKING SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEW ENGLAND SCHOOL OF METALWORK IS DEDICATED TO CREATING THE MOST COMFORTABLE AND MOTIVATING ATMOSPHERE POSSIBLE FOR STUDENTS TO ABSORB KNOWLEDGE IN ORDER TO OBTAIN MASTERY OF THEIR CRAFT. WE STRIVE TO EXPOSE STUDENTS TO THE WIDEST VARIETY OF PROCESSES THROUGH A DIVERSE SELECTION OF INSTRUCTORS. WE PRIDE OURSELVES IN OFFERING STUDENTS AND INSTRUCTORS THE BROADEST RANGE OF TOOLING AND EQUIPMENT POSSIBLE. WE FEEL THAT THE MORE CRAFTSMEN ARE EDUCATED IN THEIR FIELD, THE MORE EFFICIENTLY AND SAFELY THEY CAN WORK. THIS RAISES THEIR LEVEL OF PRODUCTIVITY AS WELL AS THE QUALITY OF THEIR WORK, THUS OFFERING THE PUBLIC A BETTER SERVICE WITH A HIGHER PROFITABILITY TO THE CRAFTSMAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dereck Glaser President/executive Direct | OfficerTrustee | 40 | $69,814 |
Dan Guerin Treasurer | OfficerTrustee | 0.2 | $0 |
David Kahn Secretary | OfficerTrustee | 0.2 | $0 |
Ben Lund Clerk | OfficerTrustee | 0.2 | $0 |
Don Fogg Director | Trustee | 0.2 | $0 |
Bruce Albiston Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,349 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,365 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,714 |
| Total Program Service Revenue | $670,497 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $737,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $885 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,616 |
| Compensation of current officers, directors, key employees. | $13,859 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,152 |
| Pension plan accruals and contributions | $1,705 |
| Other employee benefits | $18,060 |
| Payroll taxes | $16,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,593 |
| Office expenses | $38,482 |
| Information technology | $3,090 |
| Royalties | $0 |
| Occupancy | $42,205 |
| 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 | $34,456 |
| Insurance | $14,224 |
| All other expenses | $0 |
| Total functional expenses | $555,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $644,573 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,103 |
| 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 | $5,073 |
| Net Land, buildings, and equipment | $496,569 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,206,318 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $4,420 |
| Deferred revenue | $101,330 |
| 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 | $105,750 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,100,568 |
| Total liabilities and net assets/fund balances | $1,206,318 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New England School Of Metalwork has recieved totaling $18.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maplestone Acton, ME | $508,050 | $1,113,878 |
Birthwise Bridgton, ME | $198,893 | $716,913 |
New England School Of Metalwork Auburn, ME | $1,206,318 | $737,211 |
Immaculate Heart Of Mary School Inc Winchester, NH | $50,587 | $0 |
Caddie School For Soldiers Inc Scarborough, ME | $76,692 | $157,960 |
Peoples Inclusive Welding South Portland, ME | $47,418 | $0 |
Advanced Life Support Institute Center Conway, NH | $17,681 | $0 |
American Furniture Masters Institute Manchester, NH | $78,116 | $0 |
Code Maine Coding Academy Dover Foxcroft, ME | $330 | $0 |