Fontaine Community Foundation Inc is located in Springfield, MA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Fontaine Community Foundation 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 09/2023, Fontaine Community Foundation Inc generated $122.0k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $72.3k during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
FUNDRAISE FOR GRANT DISBURSEMENT.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| David Fontaine Jr President/director | 1 | $0 | |
| Elizabeth Wambui Vice President/director | 1 | $0 | |
| Charlene Metcalf Treasurer/director | 1 | $0 | |
| Joel Kent Clerk/director | 1 | $0 | |
| Mark Abdella Asst Clerk/director | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,768 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | -$32,735 | 
| Other Revenue | $0 | 
| Total Revenue | $122,033 | 
| 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 | $100 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $15 | 
| Total expenses | $72,254 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,310 | 
| Other assets | $0 | 
| Total assets | $124,310 | 
| Total liabilities | $2,500 | 
| Net assets or fund balances | $121,810 |