Sinawik Inc
- Assets
- $66.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Presque Isle, ME
- Founding
- 02/1978
- Data as of
- 12/2022
- EIN
- 01-0353202
Organization Overview
Sinawik Inc is located in Presque Isle, ME. The organization was established in 1978. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Sinawik 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, Sinawik Inc generated $169.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (56.5%) each year. All expenses for the organization totaled $10.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
IN PAST HAVE FUNDED CHRISTMAS TOYS AND FOOD, COMMUNITY PROJECTS LIKE PLAY GROUND ETC. THIS YEAR WE DID NOT GIVE GRANTS NO PROJECTS DUE TO COVID 19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Clark President | 0 | $0 | |
George Watson Vice President | 0 | $0 | |
Sue Watson Secretary | 0 | $0 | |
Timothy Mcmahon Treasurer | 0 | $0 | |
Cindy Boot Immediate Past President | 0 | $0 | |
Arthur Cloukey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $169 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $698 |
| Total expenses | $10,698 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,521 |
| Other assets | $0 |
| Total assets | $66,521 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,521 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kennebunk Rotary Charitable Fund Kennebunk, ME | $14,185 | $0 |
Friends Of The First Congregational Church Of East Machias East Machias, ME | $14,099 | $187,352 |
Salem Community Benefits Inc Salem, NH | $144,178 | $12,186 |
Portside Foundation Falmouth, ME | $7,006 | $0 |
Sinawik Inc Presque Isle, ME | $66,521 | $0 |