Stark Mountain Foundation Inc
- Assets
- $715.5k
- Revenue
- $539.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Waitsfield, VT
- Founding
- 06/2001
- Data as of
- 09/2021
- EIN
- 03-0369897
Organization Overview
Stark Mountain Foundation Inc is located in Waitsfield, VT. The organization was established in 2001. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stark Mountain 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 09/2021, Stark Mountain Foundation Inc generated $539.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $932.7k during the year ending 09/2021. 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
TO PRESERVE AND PROTECT THE ENVIRONMENT OF STARK MOUNTAIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ENGAGED IN NUMEROUS PROJECTS THAT PRESERVE AND PROTECT THE ENVIRONMENT OF AND FOSTER OUTDOOR RECREATION ON GENERAL STARK MOUNTAIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Elkind President | OfficerTrustee | 15 | $0 |
Deborah Lesure Vice President | OfficerTrustee | 8 | $0 |
Xander Patterson Treasurer | OfficerTrustee | 2 | $0 |
Amory Hunnewell Secretary | OfficerTrustee | 4 | $0 |
Penelope Parson Director | Trustee | 2 | $0 |
Deb Steines Director | Trustee | 8 | $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 | $538,450 |
| Noncash contributions included in lines 1a–1f | $43,346 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $538,450 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$176 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $1,481 |
| Net Income from Sales of Inventory | $70 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $539,834 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $906,706 |
| 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 | $7,948 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $770 |
| Office expenses | $9,102 |
| Information technology | $5,082 |
| 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 | $500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $599 |
| All other expenses | $1,449 |
| Total functional expenses | $932,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,854 |
| Savings and temporary cash investments | $1,128 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $539,484 |
| Total assets | $715,466 |
| 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 | $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 |
| Retained earnings, endowment, accumulated income, or other funds | $715,466 |
| Total liabilities and net assets/fund balances | $715,466 |
Grants Awarded
Over the last fiscal year, Stark Mountain Foundation Inc has awarded $678,403 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MAD RIVER GLEN COOPERATIVE PURPOSE: General operations | $671,903 |
Waterbury Center, VT PURPOSE: General support | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Stark Mountain Foundation Inc has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Oaklawn Foundation Wilton, CT PURPOSE: DIRECTORS' MULTI YEAR GRANT - PRESERVE OUR PARADISE CAMPAIGN YEAR 5 OF 5 | $3,000 |
Palmedo Family Foundation Inc Ketchum, ID PURPOSE: GENERAL | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Furniture Trust Organization Inc Arlington, MA | $739,128 | $7,076,929 |
1 For The Planet Inc Burlington, VT | $13,842,882 | $4,568,518 |
Finger Lakes Reuse Inc Ithaca, NY | $1,994,394 | $3,045,475 |
Fabscrap Inc Brooklyn, NY | $633,771 | $1,218,585 |
Bronx River Alliance Inc Bronx, NY | $1,741,591 | $1,231,886 |
Sure We Can Inc Brooklyn, NY | $493,950 | $1,303,285 |
Stark Mountain Foundation Inc Waitsfield, VT | $715,466 | $539,834 |
Friends Of The Upper Delaware River Hancock, NY | $990,040 | $867,642 |
National Onsite Wastewater Recycling Association Inc Westford, MA | $441,973 | $798,443 |
Student-Led Sustainable Initiatives Inc Dover, NH | $283,956 | $473,396 |
Northeast Recycling Council Brattleboro, VT | $1,206,462 | $754,846 |
Earthworm Inc Somerville, MA | $387,623 | $439,317 |