Milford Academy Inc

Organization Overview

Milford Academy Inc is located in New Berlin, NY. The organization was established in 1965. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Milford Academy Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milford Academy 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, Milford Academy Inc generated $544.1k 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 (5.9%) each year. All expenses for the organization totaled $544.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE EDUCATION, ROOM AND BOARD TO HIGH SCHOOL AND POST HIGH SCHOOL GRADUATE STUDENT ATHLETES WHO REQUIRE ADDITIONAL EDUCATIONAL GUIDANCE AND/OR ATHLETIC TRAINING

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE EDUCATION, ROOM AND BOARD TO HIGH SCHOOL AND POST HIGH SCHOOL GRADUATE STUDENTS


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Board, Officers & Key Employees

Name (title)Compensation
William Chaplick
Director Of Operations/treasurer
$13,500
Name Not Listed
Director
$0
John Pace
Vice President
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$544,138
Investment income $0
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 $544,138

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