Main Idea Inc
- Assets
- $1.2m
- Revenue
- $345.3k
- Investments
- $1.1m
- Employees
- 37
- Location
- Mamaroneck, NY
- Founding
- 05/1969
- Data as of
- 12/2022
- EIN
- 01-0284115
Organization Overview
Main Idea Inc is located in Mamaroneck, NY. The organization was established in 1969. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Main Idea Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Idea 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, Main Idea Inc generated $345.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $324.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SLEEP-AWAY CAMP FOR ECONOMICALLY DISADVANTAGED GIRLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAIN IDEA, INC. MAINTAINS A PROGRAM FOR ECONOMICALLY DISADVANTAGED GIRLS AT CAMP WALDEN, DENMARK, MAINE. THE NON-PROFIT ORGANIZATION RUNS A CAMP FOR 10 DAYS AT CAMP WALDEN EACH SUMMER. IN 2022 THE CAMP SERVED 91 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Levere Director | Trustee | 1 | $0 |
Cindy Shmerler Secretary | OfficerTrustee | 3 | $0 |
Jan Weil Director | Trustee | 1 | $0 |
Jill Zeikel Director | Trustee | 1 | $0 |
Alice Tenney President | OfficerTrustee | 10 | $0 |
Michal Hart Hillman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,877 |
| All other contributions, gifts, grants, and similar amounts not included above | $273,429 |
| Noncash contributions included in lines 1a–1f | $20,094 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,306 |
| Total Program Service Revenue | $0 |
| Investment income | $58,060 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$52 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $345,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $86,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,909 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,799 |
| Fees for services: Accounting | $1,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,981 |
| Fees for services: Other | $4,135 |
| Advertising and promotion | $4,633 |
| Office expenses | $5,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,000 |
| 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 | $14,876 |
| All other expenses | $6,499 |
| Total functional expenses | $324,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,329 |
| Savings and temporary cash investments | $21,555 |
| 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 | $1,078,684 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,222,568 |
| 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 | $1,222,568 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,222,568 |