Bangor Christian Schools Foundation is located in Bangor, ME. The organization was established in 2000. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bangor Christian Schools Foundation 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 06/2022, Bangor Christian Schools Foundation generated $151.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $78.3k during the year ending 06/2022. While expenses have increased by 1.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE FOUNDATION IS TO ACQUIRE REAL AND/OR PERSONAL PROPERTY BY DEVISE, BEQUEST, GIFT, DONATION, OR OTHERWISE, TO HOLD, ADMINISTER, CONTROL, AND MANAGE FOR THE BENEFIT OF BANGOR CHRISTIAN SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED GRANTS TO THE BANGOR CHRISTIAN SCHOOLS TO SUPPORT THEIR MISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nick Henry Treasurer | OfficerTrustee | 1 | $0 |
Terry Phillips Chairman | OfficerTrustee | 0.25 | $0 |
Carroll Conley Jr Director | Trustee | 0.25 | $0 |
Dwayne Conley Chairman | Trustee | 0.5 | $0 |
Thomas Brown Director | Trustee | 0.5 | $0 |
Michelle Vicnaire Director | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $143,873 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $143,873 |
Total Program Service Revenue | $0 |
Investment income | $9,105 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,342 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $151,636 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $69,008 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,627 |
Fees for services: Other | $167 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
All other expenses | $1,900 |
Total functional expenses | $78,302 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $53,660 |
Savings and temporary cash investments | $0 |
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 | $550,154 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $603,814 |
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 | $415,802 |
Net assets with donor restrictions | $188,012 |
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 | $603,814 |
Over the last fiscal year, we have identified 2 grants that Bangor Christian Schools Foundation has recieved totaling $2,275.
Awarding Organization | Amount |
---|---|
Melmac Education Foundation Augusta, ME PURPOSE: TGM SCHOLARSHIP (2) | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $275 |
Beg. Balance | $102,946 |
Earnings | -$6,485 |
Net Contributions | $44,366 |
Grants | $2,000 |
Ending Balance | $138,827 |
Organization Name | Assets | Revenue |
---|---|---|
Davis Educational Foundation Yarmouth, ME | $128,309,090 | $9,135,716 |
The Foundation For Maine Community Colleges South Portland, ME | $20,354,624 | $16,834,487 |
New Hampshire Womens Foundation Concord, NH | $2,010,896 | $584,227 |
Duncan-Jenkins Tr Henniker, NH | $9,421,570 | $1,619,289 |
Olin J Cochran Tr Uw Bedford, NH | $4,499,075 | $1,000,465 |
Dr A Everett And Ruth E Rosen Foundation Inc Dayton, ME | $2,548,926 | $256,769 |
Friends Of The Portland Community Free Clinic South Portland, ME | $300,192 | $165,835 |
Hope For Nica Corporation New Ipswich, NH | $7,836 | $0 |
Bangor Christian Schools Foundation Bangor, ME | $603,814 | $151,636 |
Lily Sarah Grace Fund Inc Portland, ME | $746,937 | $0 |
Cape Elizabeth Education Foundation Cape Elizabeth, ME | $883,307 | $90,846 |
Boothbay Region Education Foundation Boothbay Harbor, ME | $104,551 | $76,260 |