Friends Of Beaver Lake Inc
- Assets
- $880.9k
- Revenue
- $277.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Baldwinsville, NY
- Founding
- 02/1984
- Data as of
- 12/2022
- EIN
- 16-1189720
Organization Overview
Friends Of Beaver Lake Inc is located in Baldwinsville, NY. The organization was established in 1984. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, Friends Of Beaver Lake Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Beaver Lake 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 12/2022, Friends Of Beaver Lake Inc generated $277.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $284.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER LOCAL AND GLOBAL STEWARDSHIP OF NATURE THROUGH DIVERSE RECREATIONAL AND EDUCATIONAL OPPORTUNITIES THAT ENHANCE VISITORS' AWARENESS, APPRECIATION, AND UNDERSTANDING OF THE NATURAL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS DESIGNED TO ENHANCE UNDERSTANDING AND APPRECIATION OF THE NATURAL WORLD; PROVIDE IMPROVEMENTS AND FACILITIES TO BEAVER LAKE NATURE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Burrill Wells Treasurer | OfficerTrustee | 1 | $0 |
Jim Goulet Director | Trustee | 1 | $0 |
Naomi Kaye Director | Trustee | 1 | $0 |
Charlene Furbush President | OfficerTrustee | 1 | $0 |
Laura Kalenak Director | Trustee | 1 | $0 |
Jack Pope Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $80,640 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,354 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,994 |
| Total Program Service Revenue | $23,681 |
| Investment income | $5,304 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,728 |
| Net Income from Fundraising Events | $101,206 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $20,688 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $277,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,000 |
| 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 | $73,363 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,963 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,458 |
| Fees for services: Other | $5,468 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,882 |
| All other expenses | $21,920 |
| Total functional expenses | $284,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,513 |
| Savings and temporary cash investments | $125,072 |
| 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 | $15,473 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $334,229 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $192,651 |
| Total assets | $880,938 |
| Accounts payable and accrued expenses | $9,542 |
| 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 | $9,542 |
| Net assets without donor restrictions | $793,686 |
| Net assets with donor restrictions | $77,710 |
| 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 | $880,938 |