Faith And Hope Association Ltd
- Assets
- $44.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keene, NH
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 20-3140008
Organization Overview
Faith And Hope Association Ltd is located in Keene, NH. The organization was established in 2006. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith And Hope Association Ltd is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Faith And Hope Association Ltd generated $53.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (38.2%) each year. All expenses for the organization totaled $54.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (32.0%) per year over the past 2 years. 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
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 THERE WERE FIVE TRIPS OVER THE COURSE OF SIX WEEKS. EACH TRIP PROVIDED BOATING EDUCATION AND RECREATIONAL EXPERIENCES FOR THREE TO SIX INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Putnam Vice Commodo | 0.5 | $0 | |
James Putnam President/co | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,101 |
| 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 | $3,877 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,999 |
| Total expenses | $54,876 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247 |
| Other assets | $0 |
| Total assets | $44,282 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,282 |
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|---|---|---|
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Piers Park Sailing Center Inc East Boston, MA | $910,975 | $1,064,918 |
Pleasant Bay Community Boating Inc North Chatham, MA | $4,919,007 | $1,766,472 |
Kennebunk Beach Improvement Association Kennebunk, ME | $1,718,660 | $896,686 |
Cambridge Boat Club Cambridge, MA | $1,664,674 | $711,494 |
Winchester Swim Club Inc South Dartmouth, MA | $1,267,611 | $790,941 |
Medford Boat Club Medford, MA | $684,000 | $575,807 |
Greater Lawrence Community Boating Program Inc Lawrence, MA | $340,881 | $480,989 |
Lake Sunapee Yacht Club Sunapee, NH | $1,150,191 | $509,585 |