Eunice Frye Home
- Assets
- $1.9m
- Revenue
- $301.0k
- Investments
- $1.7m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 03/1943
- Data as of
- 09/2024
- EIN
- 01-0211504
Organization Overview
Eunice Frye Home is located in Portland, ME. The organization was established in 1943. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eunice Frye Home 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 09/2024, Eunice Frye Home generated $301.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $182.6k during the year ending 09/2024. While expenses have increased by 9.2% 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.
Since 2015, Eunice Frye Home has awarded 175 individual grants totaling $1,075,660. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Mpierce Vice Pres/treas | 0.75 | $0 | |
David D Farrar President | 0.25 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $47,012 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $253,988 |
| Capital Gain Net Income | $253,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $301,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,735 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $930 |
| Total operating and administrative expenses | $28,615 |
| Contributions, gifts, grants paid | $154,000 |
| Total expenses and disbursements | $182,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,646 |
| 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 | $1,875,985 |
| 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, Eunice Frye Home has awarded $154,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
RIDING TO THE TOP PURPOSE: GRANT TO BENEFIT PEOPLE OF GREATER PORTLAND AREA. | $5,000 |
OPPORTUNITY ALLIANCE PURPOSE: GRANT TO BENEFIT PEOPLE OF GREATER PORTLAND AREA. | $5,000 |
SOUTHERN MAINE AGENCY ON AGING PURPOSE: GRANT TO BENEFIT PEOPLE OF GREATER PORTLAND AREA. | $10,000 |
PORTLAND WIDOWS WOOD SOCIETY PURPOSE: GRANT TO BENEFIT PEOPLE OF GREATER PORTLAND AREA. | $10,000 |
CENTER FOR GRIEVING CHILDREN PURPOSE: GRANT TO BENEFIT PEOPLE OF GREATER PORTLAND AREA. | $5,000 |
PREBLE STREET RECOURCE CENTER PURPOSE: GRANT TO BENEFIT PEOPLE OF GREATER PORTLAND AREA. | $10,000 |