Maple Street Foundation Inc
- Assets
- $5.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 35
- Location
- Manchester Center, VT
- Founding
- 07/1998
- Data as of
- 06/2021
- EIN
- 03-0355988
Organization Overview
Maple Street Foundation Inc is located in Manchester Center, VT. The organization was established in 1998. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Maple Street Foundation Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maple Street Foundation 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 06/2021, Maple Street Foundation Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $2.9m during the year ending 06/2021. While expenses have increased by 3.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAPLE STREET SCHOOL IS AN INDEPENDENT K-8 CO-EDUCATIONAL DAY SCHOOL IN MANCHESTER, VERMONT THAT SEEKS TO ENGENDER IN OUR STUDENTS A LIFE-LONG LOVE OF LEARNING AS WELL AS CURIOSITY, CREATIVITY, AND CRITICAL THINKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE ACCREDITED SCHOOL SERVING GRADES K-8 IN MANCHESTER, VERMONT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Mikheev Head Of School | Officer | 40 | $141,594 |
Bob Van Degna Trustee | Trustee | 1 | $0 |
Rusty Davis Trustee | Trustee | 1 | $0 |
Peter Hershberg Trustee | Trustee | 1 | $0 |
Rocco Maggiotto Trustee | Trustee | 1 | $0 |
Daphne Powell Marcrow Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,660 |
| Investment income | $25,591 |
| 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 | $3,370,750 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $495,215 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $178,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,261,853 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $247,197 |
| Payroll taxes | $91,124 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,370 |
| Fees for services: Accounting | $9,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,760 |
| Fees for services: Other | $62,684 |
| Advertising and promotion | $7,988 |
| Office expenses | $14,804 |
| Information technology | $44,881 |
| Royalties | $0 |
| Occupancy | $41,923 |
| 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 | $189,982 |
| Insurance | $23,995 |
| All other expenses | $0 |
| Total functional expenses | $2,929,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,637 |
| Savings and temporary cash investments | $664,204 |
| 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 | $1,683 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,859,000 |
| Total assets | $5,914,518 |
| Accounts payable and accrued expenses | $201,525 |
| Grants payable | $0 |
| Deferred revenue | $123,452 |
| 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 | $324,977 |
| 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 | $5,589,541 |