Maritime Education Network
- Assets
- $3.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Old Saybrook, CT
- Founding
- 03/2000
- Data as of
- 06/2022
- EIN
- 06-1561439
Organization Overview
Maritime Education Network is located in Old Saybrook, CT. The organization was established in 2000. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maritime Education Network 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 06/2022, Maritime Education Network generated $43.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $32.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTED ENVIRONMENTAL AWARENESS AND PERSONAL GROWTH BY PROVIDING EDUCATIONAL EXPERIENCES IN MARINE SCIENCE, SAILING AND THE HISTORY OF LONG ISLAND AND IT'S WATERSHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharine David President | 40 | $12,297 | |
Michael Boucher Treasurer | 1 | $0 | |
John Stratton Secretary | 1 | $0 | |
Erik Klockars Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,898 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $17,854 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,752 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,420 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $81 |
| Other expenses | $12,266 |
| Total expenses | $32,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,626 |
| Other assets | $0 |
| Total assets | $3,626 |
| Total liabilities | $18,447 |
| Net assets or fund balances | -$14,821 |