Rippleffect Inc
- Assets
- $2.0m
- Revenue
- $865.0k
- Investments
- $0.0
- Employees
- 41
- Location
- Portland, ME
- Founding
- 12/2000
- Data as of
- 03/2022
- EIN
- 01-0521260
Organization Overview
Rippleffect Inc is located in Portland, ME. The organization was established in 2000. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 03/2022, Rippleffect Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rippleffect 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 03/2022, Rippleffect Inc generated $865.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $895.6k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. 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
TO PROMOTE POSITIVE DEVELOPMENT THROUGH LEARNING ADVENTURES IN LIVING CLASSROOMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SEEKS TO FOSTER APPRECIATION AND PRESERVATION OF COASTAL ECOSYSTEMS THROUGH SEA KAYAKING AND OTHER WILDERNESS EXPERIENCES. OUR YOUTH PROGRAM OFFERINGS INCLUDE SUMMER CAMPS, TEEN KAYAK ADVENTURE EXPEDITIONS, SCHOOL PARTNERSHIPS, COMMUNITY PARTNERSHIPS AND YOUTH LEADERSHIP PROGRAMS. OUR ADULT OFFERINGS INCLUDE CORPORATE EVENTS, LOBSTER BAKES AND FAMILY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Shepherd Executive Director | Officer | 40 | $89,250 |
Grant Ballantyne Treasurer | OfficerTrustee | 2 | $0 |
Nate Wilde President | OfficerTrustee | 2 | $0 |
Gretchen Ostherr Past President | OfficerTrustee | 2 | $0 |
Nelson Larkins Secretary | OfficerTrustee | 2 | $0 |
Laura Shen Vice-Chairman | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $245,579 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,079 |
| Total Program Service Revenue | $606,246 |
| Investment income | $1,196 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $864,983 |
| 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. | $89,250 |
| Compensation of current officers, directors, key employees. | $26,775 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $342,376 |
| Pension plan accruals and contributions | $9,279 |
| Other employee benefits | $38,236 |
| Payroll taxes | $48,856 |
| Fees for services: Management | $1,700 |
| Fees for services: Legal | $349 |
| Fees for services: Accounting | $6,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,405 |
| Fees for services: Other | $2,668 |
| Advertising and promotion | $10,412 |
| Office expenses | $21,976 |
| Information technology | $4,537 |
| Royalties | $0 |
| Occupancy | $46,439 |
| Travel | $98,833 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,181 |
| Insurance | $22,722 |
| All other expenses | $0 |
| Total functional expenses | $895,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $391,244 |
| Savings and temporary cash investments | $228,772 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $203,663 |
| 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 | $11,959 |
| Net Land, buildings, and equipment | $1,129,557 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,965,195 |
| Accounts payable and accrued expenses | $12,276 |
| Grants payable | $0 |
| Deferred revenue | $180,304 |
| 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 | $227,012 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $419,592 |
| Net assets without donor restrictions | $1,316,609 |
| Net assets with donor restrictions | $228,994 |
| 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 | $1,965,195 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Rippleffect Inc has recieved totaling $95,144.
| Awarding Organization | Amount |
|---|---|
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Youth Development | $25,000 |
Harold W And Mary Louise Shaw Foundation Colorado Springs, CO PURPOSE: GENERAL FUND | $25,000 |
Quimby Family Foundation Portland, ME PURPOSE: 2021 MOVEMENT GRANT | $24,000 |
National Recreation Foundation Inc Lake Forest, IL PURPOSE: IN SUPPORT OF RECREATION PROGRAMMING THAT GETS ALL YOUTH ACTIVE AND OUTDOORS | $15,000 |
Lennox Foundation Wilmington, DE PURPOSE: HIGH SCHOOL ROLE | $5,000 |
Louis And Anne Abrons Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Endowment Analysis
| Beg. Balance | $178,362 |
| Earnings | $13,427 |
| Other Expense | $5,310 |
| Ending Balance | $186,479 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Down East Aids Network Inc Bangor, ME | $496,798 | $2,133,827 |
Frannie Peabody Center Inc Portland, ME | $722,972 | $2,296,239 |
Merrimack Valley Assistance Program Inc Manchester, NH | $318,792 | $1,167,286 |
Rippleffect Inc Portland, ME | $1,965,195 | $864,983 |
Southern New Hampshire Hiv-Aids Task Force Nashua, NH | $287,939 | $726,017 |
Aids Response-Seacoast Portsmouth, NH | $161,310 | $380,319 |
Hiv Hcv Resource Center Inc Lebanon, NH | $0 | $0 |