Alba Maine Foundation is located in Woolwich, ME. The organization was established in 2016. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alba Maine 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 12/2022, Alba Maine Foundation generated $1.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 50.6% each year . All expenses for the organization totaled $7.0k during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 4 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,725 |
| Interest on Savings | $34 |
| Dividends & Interest | $21 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$112 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,668 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $946 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13 |
| Total operating and administrative expenses | $1,984 |
| Contributions, gifts, grants paid | $4,984 |
| Total expenses and disbursements | $6,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 |
Over the last fiscal year, Alba Maine Foundation has awarded $4,984 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MAINE CENTRAL INSTITUTE PURPOSE: SUPPORT OF OPERATIONS | $500 |
UNIVERSITY OF MAINE PURPOSE: SUPPORT OF OPERATIONS | $1,000 |
MAINE PUBLIC PURPOSE: SUPPORT OF OPERATIONSSUPPORT OF OPERATIONS | $2,982 |
TOWN OF WOOLWICH MAINE PURPOSE: SUPPORT OF OPERATIONS | $502 |
| Organization Name | Assets | Revenue |
|---|---|---|
Ratepayers Legal Defense Fund Inc Exeter, NH | $39,295 | $305,110 |
Finding Our Voices Camden, ME | $0 | $209,766 |
New Hampshire Alliance For End Of Life Options Sugar Hill, NH | $189,802 | $0 |
Alba Maine Foundation Woolwich, ME | $0 | $1,668 |
Friends Of Emergency Medical Services For Maine Hallowell, ME | $58,238 | $0 |