Demolay & Pinetree Youth Foundation
- Assets
- $2.1m
- Revenue
- $236.0k
- Investments
- $2.0m
- Employees
- 0
- Location
- Kennebunk, ME
- Founding
- 02/1969
- Data as of
- 08/2024
- EIN
- 23-7007195
Organization Overview
Demolay & Pinetree Youth Foundation is located in Kennebunk, ME. The organization was established in 1969. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Demolay & Pinetree Youth Foundation 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 08/2024, Demolay & Pinetree Youth Foundation generated $236.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $84.7k during the year ending 08/2024. While expenses have increased by 2.2% per year over the past 9 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.
Since 2015, Demolay & Pinetree Youth Foundation has awarded 322 individual grants totaling $908,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Rosen Treasurer | 0.5 | $0 | |
Michael H Acker Vice Preside | 0.5 | $0 | |
A James Ross Trustee | 0.1 | $0 | |
Benjamin J Weisner President | 0.5 | $0 | |
James Havu Secretary/cl | 0.75 | $0 | |
Thomas Pulkkinen Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,441 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198,076 |
| Capital Gain Net Income | $198,076 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $236,017 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,074 |
| Total operating and administrative expenses | $12,156 |
| Contributions, gifts, grants paid | $72,500 |
| Total expenses and disbursements | $84,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,924 |
| Savings and temporary cash investments | $118,220 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,084,343 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Demolay & Pinetree Youth Foundation has awarded $101,500 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
JACK SIMONTON PURPOSE: SCHOLARSHIP | $1,000 |
TRENTON GERALD WHITE PURPOSE: SCHOLARSHIP | $3,000 |
MAINE DEMOLAY ASSOCIATION PURPOSE: DONATION TO OPERATING FUNDS | $37,000 |
DAVID GOODWIN PURPOSE: SCHOLARSHIP | $1,500 |
ALEXANDRA LIGHT PURPOSE: SCHOLARSHIP | $1,500 |
EMMA PATREA RHODA PURPOSE: SCHOLARSHIP | $2,000 |