Friends Of Fort Williams Park
- Assets
- $406.8k
- Revenue
- $226.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Cape Elizabeth, ME
- Founding
- 08/2001
- Data as of
- 02/2022
- EIN
- 01-0544684
Organization Overview
Friends Of Fort Williams Park, operating under the name Fort Williams Park Foundation, is located in Cape Elizabeth, ME. The organization was established in 2001. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 02/2022, Fort Williams Park Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Williams Park 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 02/2022, Fort Williams Park Foundation generated $226.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $145.8k during the year ending 02/2022. 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 PRESERVE AND ENHANCE THE NATURAL AND HISTORIC RESOURCES OF FORT WILLIAMS PARK FOR FUTURE GENERATIONS BY PROVIDING FUNDING SUPPORT AND STEWARDSHIP FOR SELECTED PROJECTS IN THE PARK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ECOLOGY PROJECT IS A LONG-TERM, PARK-WIDE EFFORT BY THE FRIENDS OF FORT WILLIAMS PARK TO IMPROVE THE ECOLOGICAL HEALTH AND SUSTAINABILITY OF FORT WILLIAMS PARK, RESULTING IN A GREATER VARIETY AND ABUNDANCE OF POLLINATORS AND BIRDS, INCREASED NATURAL BEAUTY, AND A HEIGHTENED SENSE OF EXPLORATION AND DISCOVERY FOR PEOPLE. OBJECTIVES FOR THE ECOLOGY PROJECT INCLUDE: REDUCE AND CONTROL INVASIVE PLANT AND INSECT POPULATIONS, PRESERVE AND EXPAND NATIVE PLANT COMMUNITIES AND INCREASE BIODIVERSITY, IMPROVE OPEN SPACE AND ACCESS FOR PASSIVE RECREATION, FOSTER COLLABORATION, COMMUNITY PARTICIPATION AND STEWARDSHIP, AND PROVIDE OPPORTUNITIES FOR ENVIRONMENTAL EDUCATION.
FORT WILLIAMS PARK OFFERS A MULTITUDE OF EDUCATIONAL OPPORTUNITIES TO ENGAGE AND INSPIRE LEARNERS OF ALL AGES. WE HAVE DEVELOPED A SERIES OF EDUCATIONAL INITIATIVES IN PARTNERSHIP WITH AREA SCHOOLS AND COMMUNITY ORGANIZATIONS, PARTICULARLY FOR THOSE COMMUNITIES THAT MAY NOT HAVE AN OPPORTUNITY TO EXPERIENCE OPEN SPACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Powers President | OfficerTrustee | 5 | $0 |
Tom Atwell Secretary | Officer | 5 | $0 |
Mike Beck Vice President | Officer | 5 | $0 |
Ryan Cole Treasurer | Officer | 5 | $0 |
Robert Ayotte Director | Trustee | 2 | $0 |
Deb Riley Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $152,761 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,761 |
| Total Program Service Revenue | $51,590 |
| Investment income | $15,416 |
| 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 | $226,867 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,399 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,610 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,086 |
| Office expenses | $4,052 |
| Information technology | $3,419 |
| Royalties | $0 |
| Occupancy | $4,550 |
| 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 | $2,897 |
| All other expenses | $679 |
| Total functional expenses | $145,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,655 |
| Savings and temporary cash investments | $105,557 |
| Pledges and grants receivable | $5,000 |
| 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 | $2,397 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $240,176 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $406,785 |
| Accounts payable and accrued expenses | $1,850 |
| Grants payable | $0 |
| Deferred revenue | $150 |
| 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 | $2,000 |
| Net assets without donor restrictions | $380,456 |
| Net assets with donor restrictions | $24,329 |
| 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 | $406,785 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Friends Of Fort Williams Park has recieved totaling $35,219.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $22,100 |
William J J Gordon Family Foundation New York, NY PURPOSE: CHARITABLE EVENT | $10,000 |
Redmond Family Foundation Cape Elizabeth, ME PURPOSE: GENERAL SUPPORT | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $119 |
Endowment Analysis
| Beg. Balance | $177,391 |
| Earnings | $12,785 |
| Net Contributions | $50,000 |
| Ending Balance | $240,176 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Quarry Road Waterville, ME | $222,988 | $167,898 |
Chebeague Recreation Center Inc Chebeague Island, ME | $1,037,539 | $374,713 |
Ellis Short Sands Park Trust York Beach, ME | $1,431,198 | $520,221 |
North Country Atv Club North Stratford, NH | $27,549 | $0 |
Merryspring Inc Camden, ME | $974,634 | $233,848 |
Bridgton Ice Arena Inc North Bridgton, ME | $680,057 | $192,454 |
High Peaks Alliance Farmington, ME | $394,356 | $370,436 |
Friends Of Fort Williams Park Cape Elizabeth, ME | $406,785 | $226,867 |
Metallak Atv Club Colebrook, NH | $63,388 | $0 |
Linneus Sno Sports Inc Linneus, ME | $372,093 | $0 |
Mill City Park At Franklin Falls Franklin, NH | $288,794 | $0 |
Waumbek Methna Snowmobile Club Jefferson, NH | $222,525 | $0 |