Indian And Forest Acres Alumni Scholarship Foundation
- Assets
- $147.5k
- Revenue
- $64.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Fryeburg, ME
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 82-1298123
Organization Overview
Indian And Forest Acres Alumni Scholarship Foundation, operating under the name Indian & Forest Acres Scholarship Foundation, is located in Fryeburg, ME. The organization was established in 2017. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian & Forest Acres Scholarship 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 12/2021, Indian & Forest Acres Scholarship Foundation generated $64.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $45.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SEEKS TO ENABLE CHILDREN FROM A BROAD RANGE OF SOCIO-ECONOMIC BACKGROUNDS TO EXPERIENCE THE IDEALS OF THE CAMPS' UNIQUE MISSION OF BEING A COMMUNITY WHERE CAMPERS DEVELOP PHYSICAL, SOCIAL AND LEADERSHIP SKILLS THROUGH LEARNING TO SET AND ACHIEVE GOALS, EXPERIENCING RISK IN A SAFE AND SUPPORTIVE ENVIRONMENT AND GAINING A SENSE OF PERSONAL AND COMMUNITY RESPONSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ADMINISTERS A SCHOLARSHIP PROGRAM FOR CHILDREN TO ATTEND INDIAN & FOREST ACRES CAMPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haley Miller Treasurer | OfficerTrustee | 1 | $0 |
Deborah Fedder Co-President | OfficerTrustee | 1 | $0 |
Gerald Greenberg Vice President | OfficerTrustee | 1 | $0 |
Susan Pearson Co-President | OfficerTrustee | 1 | $0 |
Emily Young Secretary | OfficerTrustee | 1 | $0 |
Charles Rudnick Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,696 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,196 |
| Total Program Service Revenue | $0 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $64,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,140 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $427 |
| Office expenses | $480 |
| Information technology | $521 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $319 |
| All other expenses | $55 |
| Total functional expenses | $45,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,009 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,450 |
| Total assets | $147,459 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $147,459 |
| Total liabilities and net assets/fund balances | $147,459 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indian And Forest Acres Alumni Scholarship Foundation has recieved totaling $5,200.
| Awarding Organization | Amount |
|---|---|
Tzedakah Foundation Ardmore, PA PURPOSE: FOR GENERAL SUPPORT OF CHARITABLE PURPOSES | $5,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
General Alumni Association Of The University Of Maine Orono, ME | $5,381,410 | $1,158,820 |
Houlton High Schhol Alumni Association Houlton, ME | $3,446,498 | $1,193,413 |
Stevens High School Alumni Association Claremont, NH | $1,766,241 | $238,927 |
Trustees Of Dartmouth College Hanover, NH | $102,835 | $0 |
Camp Runoia Alumnae Organization West Bath, ME | $1,079,398 | $126,412 |
Trustees Of Dartmouth College Hanover, NH | $76,293 | $0 |
Indian And Forest Acres Alumni Scholarship Foundation Fryeburg, ME | $147,459 | $64,864 |
Trustees Of Dartmouth College Hanover, NH | $211,182 | $0 |
Ellsworth High School Alumni Association Ellsworth, ME | $894,873 | $66,998 |
Sanford Alumni Association Sanford, ME | $71,296 | $0 |
Rothesay Netherwood U S Foundation Inc Calais, ME | $26,016 | $0 |
Trustees Of Dartmouth College Hanover, NH | $65,461 | $0 |