Friends Of Sengekontacket Inc
- Assets
- $166.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edgartown, MA
- Founding
- 08/1990
- Data as of
- 08/2023
- EIN
- 22-3051940
Organization Overview
Friends Of Sengekontacket Inc is located in Edgartown, MA. The organization was established in 1990. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Sengekontacket 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 08/2023, Friends Of Sengekontacket Inc generated $35.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $33.7k during the year ending 08/2023. While expenses have increased by 10.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward O'melia Director | 1 | $0 | |
Michael Krause President | 4 | $0 | |
Carolyn Stapleton Director | 1 | $0 | |
David Hobart Director | 1 | $0 | |
Gregory Palermo Director | 1 | $0 | |
Kris Vrooman VP - Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,654 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,563 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,624 |
| Other Revenue | $825 |
| Total Revenue | $35,666 |
| 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 | $4,123 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $391 |
| Other expenses | $29,168 |
| Total expenses | $33,682 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,741 |
| Other assets | $0 |
| Total assets | $166,741 |
| Total liabilities | $0 |
| Net assets or fund balances | $166,741 |