Friends Of The Outlet
- Assets
- $291.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dresden, NY
- Founding
- 03/1994
- Data as of
- 12/2022
- EIN
- 16-1372608
Organization Overview
Friends Of The Outlet is located in Dresden, NY. The organization was established in 1994. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, 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. Friends Of The Outlet 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 The Outlet generated $49.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $32.6k during the year ending 12/2022. While expenses have increased by 19.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROGRAM TO IMPROVE THE TRAIL, CREEK BED AND CROOKED LAKE CANAL. CONTINUE A MULTI-YEAR PROGRAM TO REPAIR TRAIL AND PROVIDE CREEK BED STABILIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Stork President | 3 | $0 | |
Keith Prather Vice President | 2 | $0 | |
Megan Wilkinson Treasurer | 2 | $0 | |
Donna Sutherland Director Of Communications | 2 | $0 | |
Debra Clancy Director | 1 | $0 | |
Elizabeth Lafferty Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,417 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,083 |
| Investment income | $1,402 |
| Gain or Loss | $1,336 |
| Net Income from Gaming & Fundraising | $950 |
| Other Revenue | $0 |
| Total Revenue | $49,188 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $840 |
| Occupancy, rent, utilities, and maintenance | $19,840 |
| Printing, publications, postage, and shipping | $3,087 |
| Other expenses | $8,786 |
| Total expenses | $32,553 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,264 |
| Other assets | $0 |
| Total assets | $291,145 |
| Total liabilities | $0 |
| Net assets or fund balances | $291,145 |