Oyster River Youth Association
- Assets
- $490.8k
- Revenue
- $376.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Madbury, NH
- Founding
- 07/1994
- Data as of
- 07/2020
- EIN
- 02-0442783
Organization Overview
Oyster River Youth Association is located in Madbury, NH. The organization was established in 1994. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 07/2021, Oyster River Youth Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oyster River Youth Association 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 07/2020, Oyster River Youth Association generated $376.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $464.7k during the year ending 07/2020. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SPORTS AND RECREATIONAL PROGRAMS TO THE YOUTH OF DURHAM, LEE AND MADBURY NH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SPORTS AND RECREATION ACTIVITIES TO APPROXIMATELY 1,125 CHILDREN AGES 3-18 THROUGH PROGRAMS INCLUDING SOCCER, BASEBALL, TRACK & FIELD, TENNIS, LACROSSE, ICE PROGRAMS, BASKETBALL, FOOTBALL, AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Glode Executive Director | Officer | 40 | $70,030 |
Benjamin Genes President | OfficerTrustee | 2 | $0 |
Ted Mulligan Vice President | OfficerTrustee | 5 | $0 |
Brian Veroneau Treasurer | OfficerTrustee | 3 | $0 |
Keith O'brien Secretary | OfficerTrustee | 1 | $0 |
Brendan Jorgensen Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,402 |
| Investment income | $64 |
| 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 | $17,581 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $376,563 |
| Statement of Expenses | |
|---|---|
| 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. | $69,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,918 |
| Pension plan accruals and contributions | $54 |
| Other employee benefits | $0 |
| Payroll taxes | $7,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,367 |
| 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 | $19,024 |
| Insurance | $16,123 |
| All other expenses | $0 |
| Total functional expenses | $464,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $345,909 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,355 |
| 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 | $9,698 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $490,758 |
| Accounts payable and accrued expenses | $24,262 |
| Grants payable | $0 |
| Deferred revenue | $109,263 |
| 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 | $173,910 |
| Other liabilities | $0 |
| Total liabilities | $307,435 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $183,323 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Oyster River Youth Association has recieved totaling $793.
| Awarding Organization | Amount |
|---|---|
Lpl Financial Foundation Inc Boston, MA PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $193 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Ymca Alliance Of Maine Boothbay Harbor, ME | $858,962 | $3,334,346 |
Trinity Boston Connects Boston, MA | $4,581,489 | $3,567,141 |
Louis D Brown Peace Institute Corporation Dorchester, MA | $1,027,011 | $3,109,288 |
Clubhouse Network Inc Roxbury, MA | $6,150,847 | $2,774,548 |
Mv Youth Inc Chilmark, MA | $4,021,572 | $2,223,443 |
Youthbuild Boston Inc Roxbury, MA | $1,476,486 | $2,458,881 |
Hurricane Island Foundation Rockland, ME | $2,589,539 | $2,820,272 |