Capitol Area Recreation Association
- Assets
- $186.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 06/1979
- Data as of
- 12/2023
- EIN
- 01-0363437
Organization Overview
Capitol Area Recreation Association is located in Augusta, ME. The organization was established in 1979. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capitol Area Recreation Association 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 12/2023, Capitol Area Recreation Association generated $70.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $55.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 years. 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
PROVIDED PLAYING FIELDS AND FACILITIES TO VARIOUS BASEBALL, SOFTBALL, AND BASKETBALL YOUTH ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark O'brien President | 2 | $0 | |
Mark Perry Vice President | 2 | $0 | |
Peter Fortunato Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,030 |
| Investment income | $2,299 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $50,492 |
| Other Revenue | $0 |
| Total Revenue | $70,921 |
| 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 | $55,230 |
| Total expenses | $55,230 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,599 |
| Other assets | $0 |
| Total assets | $186,599 |
| Total liabilities | $0 |
| Net assets or fund balances | $186,599 |