Sanford Red And White Foundation
- Assets
- $36.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springvale, ME
- Founding
- 03/2005
- Data as of
- 12/2021
- EIN
- 20-1137763
Organization Overview
Sanford Red And White Foundation is located in Springvale, ME. The organization was established in 2005. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanford Red And White Foundation 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, Sanford Red And White Foundation generated $20.2k 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 (9.1%) each year. All expenses for the organization totaled $7.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Dinarto Director | 2 | $0 | |
Ian Kelly Director | 2 | $0 | |
Joseph Bolduc Secretary | 5 | $0 | |
Michael Perkins President | 15 | $0 | |
Cathy L Clarke Director | 2 | $0 | |
Timothy Fecteau Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $650 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $83 |
| Other Revenue | $0 |
| Total Revenue | $20,230 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,000 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $409 |
| Occupancy, rent, utilities, and maintenance | $388 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,374 |
| Total expenses | $7,171 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,063 |
| Other assets | $0 |
| Total assets | $36,115 |
| Total liabilities | $26,088 |
| Net assets or fund balances | $10,027 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kennebunkport Climate Initiative Cape Porpoise, ME | $4,314,972 | $5,851,622 |
Samuel P Hunt Foundation Manchester, NH | $12,647,225 | $2,884,775 |
Friends Of Lebanon Recreation & Parks Lebanon, NH | $36,756 | $0 |
United Sports Foundation Inc Epping, NH | $257,922 | $226,875 |
Oly Womens Xc Book Project Gorham, NH | $14,043 | $22,333 |
Sanford Red And White Foundation Springvale, ME | $36,115 | $0 |
New England Disabled Sports Foundation Lincoln, NH | $1,756,837 | $64,806 |