Big Red Memorial Fund Inc is located in Groton, CT. The organization was established in 2009. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Red Memorial Fund 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 12/2022, Big Red Memorial Fund Inc generated $15.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $14.6k during the year ending 12/2022. While expenses have increased by 7.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE CHILDREN IN THE COMMUNITY TO BE ABLE TO AFFORD TO PLAY SPORTS BY GIVING THEM THE SPORTS ITEM THEY NEED
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Kelly Milton President  | 10 | $0 | |
Gary Milton Vice President  | 5 | $0 | |
Ryan Milton Secertary Treasurer  | 3 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,028 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $15,028 | 
| 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 | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $166 | 
| Other expenses | $14,392 | 
| Total expenses | $14,558 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 | 
| Other assets | $0 | 
| Total assets | $0 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $0 |