4-H Clubs & Affiliated 4-H Organizations
- Assets
- $12.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Orono, ME
- Founding
- 04/1965
- Data as of
- 12/2023
- EIN
- 01-6011487
Organization Overview
4-H Clubs & Affiliated 4-H Organizations, operating under the name Maine 4-H Foundation, is located in Orono, ME. The organization was established in 1965. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2023, Maine 4-H Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine 4-H 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 12/2023, Maine 4-H Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $933.6k during the year ending 12/2023. While expenses have increased by 14.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT TO THE MAGIC LANTERN INNOVATION CENTER FOR YOUTH ORIGINALLY OPENED IN 2021. FOCUS IS ON YOUTH ENTREPRENEUR PROGRAMS IN SCIENCE, ENGINEERING, TECHNOLOGY, THE VISUAL AND PERFORMING ARTS, LEADERSHIP AND NUTRITION. THE MAGIC LANTERN INNOVATION CENTER OFFERS QUALITY HANDS-ON LEARNING, YOUTH INTERNSHIPS, AND LARGE GROUP SPECIALTY PROGRAMS IN THE STEM AND ARTS AREAS. OUR GOAL IS TO PROVIDE SUPPORT FOR ENRICHMENT PROGRAMS THAT INSPIRE YOUTH ASPIRATIONS, ENGAGE CHILDREN AND TEENS IN LIFELONG LEARNING AND IN APPLIED REAL LIFE EDUCATION.
RESTRICTED PROGRAM SUPPORT BASED ON DONOR DIRECTED GIFTS TO PROGRAMS, PRIMARILY DIRECTED TOWARD OUR LEARNING CENTERS. OUR RESTRICTED GIFTS SUPPORT FACILITY CAPITAL IMPROVEMENTS, SCHOLARSHIPS FOR SCHOOL-BASED PROGRAMS, CLUBS, HOME SCHOOL GROUPS AND SUMMER CAMP SCHOLARSHIPS. PROGRAMS FOCUS ON ENVIRONMENTAL EDUCATION, ECOLOGY, OUTDOOR SKILLS AND SCIENCE BASED LEARNING.
SCHOLARSHIPS FOR HIGHER EDUCATION, EARLY COLLEGE AND TECHNICAL/TRADE SCHOOL PROGRAMS. THE MAINE 4-H FOUNDATION SUPPORTS YOUTH GOING TO COLLEGES, UNIVERSITIES AND TRADE SCHOOLS ALL OVER THE COUNTRY. MANY SCHOLARSHIPS ARE SUPPORTED THROUGH ENDOWED FUNDS DESIGNATED BY OUR INCREDIBLY DEDICATED 4-H DONORS. SCHOLARSHIPS RANGE FROM 1000 TO 2500.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Bragg Director | Trustee | 40 | $80,000 |
Susan Jennings Executive Director | OfficerTrustee | 20 | $65,000 |
Cori Bowen Manager | Trustee | 40 | $50,000 |
Debora King Manager | Trustee | 40 | $50,000 |
Jacob Levasseur Employee | Trustee | 25 | $27,731 |
Carla Lafayette President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $50,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $335,301 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $385,301 |
| Total Program Service Revenue | $253,261 |
| Investment income | $541,889 |
| 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 | $1,188,701 |
| 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. | $272,731 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,101 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,740 |
| 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 | $64,213 |
| Advertising and promotion | $879 |
| Office expenses | $109,455 |
| Information technology | $0 |
| Royalties | $93,182 |
| 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 | $8,381 |
| All other expenses | $0 |
| Total functional expenses | $933,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,001,955 |
| 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 | $4,560,651 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,899,500 |
| Total assets | $12,462,106 |
| 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 | $4,511,902 |
| Net assets with donor restrictions | $7,950,204 |
| 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 | $12,462,106 |