Racetrack Ministry
- Assets
- $62.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, NH
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 22-2880458
Organization Overview
Racetrack Ministry is located in Salem, NH. The organization was established in 1988. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racetrack Ministry 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, Racetrack Ministry generated $27.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $22.6k during the year ending 12/2021. While expenses have increased by 1.9% 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
2021
Describe the Organization's Program Activity:
Part 3
OUTREACH - SOCIAL WELFARE TO AID LOW INCOME FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Frahm Director | 0 | $0 | |
Lee Alphen President | 25 | $0 | |
Linda Fournier Director | 0 | $0 | |
Ann Halloran Director | 0 | $0 | |
Peter Klecan Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,654 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,683 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,092 |
| Total expenses | $22,642 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,492 |
| Other assets | $0 |
| Total assets | $62,492 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,492 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Racetrack Ministry has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Little Family Foundation Detroit, MI PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,000 |
Peer Organizations
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|---|---|---|
Worcester Jewish Community Center Worcester, MA | $4,652,458 | $4,265,999 |
Rutland Community Programs Inc Rutland, VT | $1,796,681 | $3,097,439 |
Learning Works Portland, ME | $965,421 | $2,036,254 |
Ellis Marsalis Center For Music Inc Cambridge, MA | $10,484,961 | $1,543,651 |
Lower Cape Outreach Council Inc Orleans, MA | $2,974,380 | $2,407,672 |
P E R C Inc Grand Isle, VT | $450,307 | $1,290,953 |
Enroot Inc Cambridge, MA | $11,575,441 | $1,454,422 |
Martin Luther King Jr Family Services Inc Springfield, MA | $1,501,644 | $1,892,985 |
Hattie B Cooper Community Center Inc Roxbury, MA | $4,282,254 | $1,668,949 |
Hill House Incorporated Boston, MA | $4,585,303 | $1,163,711 |
Cambridge Community Center Inc Cambridge, MA | $1,602,995 | $1,825,292 |
Margaret Fuller-Neighborhood House Inc Cambridge, MA | $839,216 | $1,373,439 |