Maine Osteopathic Educational Foundation
- Assets
- $324.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manchester, ME
- Founding
- 09/1988
- Data as of
- 12/2021
- EIN
- 22-2896097
Organization Overview
Maine Osteopathic Educational Foundation is located in Manchester, ME. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Osteopathic Educational 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, Maine Osteopathic Educational Foundation generated $28.6k 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 $13.8k 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
EDUCATE MAINE STUDENTS IN OSTEOPATHIC MEDICINE, PROVIDE CONTINUING EDUCATION FOR EXISTING PHYSICIANS, AND TO IMPROVE THE HEALTH OF ALL MAINE PEOPLE THROUGH EDUCATION AND RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Scaccia DO Immediate Pa | 0.5 | $0 | |
Brian Kaufman DO President | 0.5 | $0 | |
Jodie Hermann DO President-El | 0.5 | $0 | |
Amanda Richards Executive Di | 5 | $0 | |
Kathryn Brandt DO Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,661 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,162 |
| Gain or Loss | $2,953 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $863 |
| Total Revenue | $28,639 |
| 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 | $1,825 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,997 |
| Total expenses | $13,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $318,806 |
| Other assets | $0 |
| Total assets | $324,306 |
| Total liabilities | $1,580 |
| Net assets or fund balances | $322,726 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Center Ventures Orono, ME | $2,948,482 | $3,531,786 |
Northern Maine Community College Foundation Presque Isle, ME | $4,209,666 | $599,029 |
Wells Public Library Foundation Inc Wells, ME | $16,968 | $76,245 |
University Of Maine School Of Law Foundation Portland, ME | $6,829,939 | $929,272 |
Founders Academy Foundation Manchester, NH | $5,624,673 | $768,570 |
Southern Maine Community College Foundation South Portland, ME | $3,768,050 | $1,245,786 |
Camden Public Library Fund Camden, ME | $1,679,359 | $603,187 |
Friends Of The Weeks Public Library Greenland, NH | $101,158 | $27,678 |
Kennebec Valley Community College Foundation Fairfield, ME | $5,554,302 | $699,650 |
Concord Christain Academy Giving & Going Alliance Concord, NH | $291,148 | $254,410 |
Friends Of Portland Adult Education Portland, ME | $462,146 | $328,136 |
Strong Foundations Elementary School Inc Pembroke, NH | $6,115,891 | $315,445 |