Alfond Youth & Community Center
- Assets
- $43.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 307
- Location
- Waterville, ME
- Founding
- 01/2002
- Data as of
- 03/2023
- EIN
- 04-3341661
Organization Overview
Alfond Youth & Community Center is located in Waterville, ME. The organization was established in 2002. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 03/2023, Alfond Youth & Community Center employed 307 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alfond Youth & Community Center 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 03/2023, Alfond Youth & Community Center generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $4.7m during the year ending 03/2023. While expenses have increased by 13.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENABLE ALL YOUNG PEOPLE AND THEIR FAMILIES TO REALIZE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER AND PROMOTE PHYSICAL, SOCIAL, EDUCATIONAL, CULTURAL, VOCATIONAL, AND CHARACTER DEVELOPMENT OF YOUTH IN THE CENTRAL MAINE AREA BY SUPPORTING THE WORK OF THE AFFILIATED NON-PROFITS (WATERVILLE AREA BOYS AND GIRLS CLUB AND WATERVILLE AREA YMCA).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Walsh CEO | Officer | 40 | $175,968 |
Dennis Worster Former Finan | Officer | 40 | $82,762 |
Patrick Guerette COO | Officer | 40 | $71,631 |
Heather Neal CFO | Officer | 40 | $5,308 |
Amy Bernatchez Chair | OfficerTrustee | 1 | $0 |
Paul Boudreau Board Direct | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Harriman Architects Architect | 3/30/19 | $318,908 |
Sheridan Corporation Contractor | 3/30/19 | $1,828,745 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $35,945 |
| Related organizations | $0 |
| Government grants | $66,783 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,474,417 |
| Noncash contributions included in lines 1a–1f | $19,650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,577,145 |
| Total Program Service Revenue | $1,035,406 |
| Investment income | $148,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $148,079 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,909,263 |
| 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. | $335,669 |
| Compensation of current officers, directors, key employees. | $230,088 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,538,596 |
| Pension plan accruals and contributions | $122,922 |
| Other employee benefits | $169,909 |
| Payroll taxes | $131,647 |
| 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 | $220,023 |
| Advertising and promotion | $9,796 |
| Office expenses | $69,341 |
| Information technology | $76,978 |
| Royalties | $0 |
| Occupancy | $273,216 |
| Travel | $30,264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,822 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $907,287 |
| Insurance | $94,527 |
| All other expenses | $11,423 |
| Total functional expenses | $4,726,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,004 |
| Savings and temporary cash investments | $77,222 |
| Pledges and grants receivable | $1,250,600 |
| Accounts receivable, net | $1,340,718 |
| 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 | $128,192 |
| Net Land, buildings, and equipment | $14,002,004 |
| Investments—publicly traded securities | $25,915,210 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $425,937 |
| Total assets | $43,335,887 |
| Accounts payable and accrued expenses | $338,902 |
| Grants payable | $0 |
| Deferred revenue | $782,318 |
| 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 | $2,170,177 |
| Total liabilities | $3,291,397 |
| Net assets without donor restrictions | $15,394,287 |
| Net assets with donor restrictions | $24,650,203 |
| 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 | $43,335,887 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfond Youth & Community Center Waterville, ME | $43,335,887 | $2,909,263 |
The Center For Grieving Children Portland, ME | $2,418,911 | $1,350,166 |
Haudenosaunee Nationals Development Group Portland, ME | $355,709 | $690,139 |
Girls At Work Inc Bedford, NH | $593,729 | $509,793 |
Granite State Adaptive Mirror Lake, NH | $2,441,785 | $1,703,324 |
Peaks Island Childrens Workshop Peaks Island, ME | $524,566 | $422,150 |
Keene Youth Hockey Club Keene, NH | $177,476 | $205,397 |
Seacoast Outright Portsmouth, NH | $398,763 | $281,429 |
The Dartmouth Inc Hanover, NH | $1,166,831 | $113,863 |
Greater Hempstead Civic Club Inc Hampstead, NH | $353,980 | $0 |
Seacoast Soul Models Kittery, ME | $95,976 | $0 |
Youth Enrichment Center At Hilton-Winn Farm Cape Neddick, ME | $74,968 | $0 |
Exeter Youth Soccer Association Exeter, NH | $88,605 | $0 |
Campfire Institute Inc Westbrook, ME | $17,281 | $0 |
Rightstart Inc Norway, ME | $439,229 | $0 |
Nhwga Charitable Foundation Derry, NH | $263,955 | $0 |
Connor Lourens Memorial Fund Inc Rindge, NH | $36,603 | $0 |