Friends Of Allegany County Arc
- Assets
- $318.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellsville, NY
- Founding
- 08/1995
- Data as of
- 12/2021
- EIN
- 16-1444994
Organization Overview
Friends Of Allegany County Arc is located in Wellsville, NY. The organization was established in 1995. According to its NTEE Classification (J12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Allegany County Arc 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 12/2021, Friends Of Allegany County Arc generated $39.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $7.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE AGENCY CONDUCTS FUNDRAISING ACTIVITIES FOR THE BENEFIT OF NYSARC, INC, ALLEGANY COUNTY CHAPTER, A TAX-EXEMPT RELATED PARTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mccormick President | 1 | $0 | |
Mike Damiano Secretary/treasurer | 1 | $0 | |
Teresa Mcmahon Vice President | 1 | $0 | |
Ashleigh Cline Director | 1 | $0 | |
Courtney Ashraf Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,042 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16,769 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,066 |
| Other Revenue | $0 |
| Total Revenue | $39,877 |
| 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 | $50 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,300 |
| Total expenses | $7,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $318,932 |
| Other assets | $0 |
| Total assets | $318,932 |
| Total liabilities | $4,800 |
| Net assets or fund balances | $314,132 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Allegany County Arc has recieved totaling $343.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $343 |
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Service Workers Coalition Incorporated Brooklyn, NY | $327 | $0 |
Good Job Angels Inc Great Neck, NY | $33,126 | $0 |
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Jobarr Foundation Inc Great Neck, NY | $341,634 | $12,295 |
Riley Olson Memorial Fund Inc Queensbury, NY | $16,407 | $36,960 |
Gtg Foundation Incorporated Princeton, NJ | $5,419 | $0 |
Her Chair His Hair Inc Brooklyn, NY | $328 | $0 |