Andover Educational Fund Inc is located in Andover, ME. The organization was established in 1992. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Andover Educational Fund 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 undefined, Andover Educational Fund Inc generated $58.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $32.9k during the year ending undefined. While expenses have increased by 1.4% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Darlene Akers President | 0 | $0 | |
Scott Owings Director | 0 | $0 | |
Keith Smith Treasurer | 0 | $0 | |
Jennifer Bean Director | 0 | $0 | |
Jennifer Merrill Secretary | 0 | $0 | |
Tracy Rainey Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $38,566 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $19,442 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $58,008 |
Statement of Expenses | |
---|---|
Total expenses | $32,903 |
Balance Sheet | |
---|---|
Total assets | $413,240 |
Total liabilities | $0 |
Net assets or fund balances | $413,240 |