Near & Far Aid Association Inc
- Assets
- $1.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Southport, CT
- Founding
- 06/1973
- Data as of
- 06/2022
- EIN
- 23-7036523
Organization Overview
Near & Far Aid Association Inc is located in Southport, CT. The organization was established in 1973. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Near & Far Aid Association Inc 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 06/2022, Near & Far Aid Association Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Near & Far Aid Association Inc has awarded 616 individual grants totaling $6,712,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING AID TO DISADVANTAGED INDIVIDUALS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MONETARY ASSISTANCE TO NON-PROFIT AGENCIES WHOSE PRIMARY PURPOSE IS TO HELP THOSE WHO LIVE IN POVERTY.
PROVIDED MONETARY ASSISTANCE TO NON-PROFIT AGENCIES WHOSE PRIMARY PURPOSE IS TO HELP THOSE WHO LIVE IN POVERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Missy Harmon Co-President | OfficerTrustee | 5 | $0 |
Karen Mitchell Co-President | OfficerTrustee | 5 | $0 |
Kelly Scinto Vice President | OfficerTrustee | 1 | $0 |
Joanne Mason Treasurer | OfficerTrustee | 5 | $0 |
Mindee Blanco Assistant Treasurer | OfficerTrustee | 5 | $0 |
Joan Panagos Grant Review Co-Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $876,161 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $876,161 |
| Total Program Service Revenue | $0 |
| Investment income | $9,867 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5 |
| Net Income from Fundraising Events | $381,287 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,267,320 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,024,750 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,212 |
| All other expenses | $5,964 |
| Total functional expenses | $1,086,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $731,983 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,325 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $805,075 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,559,883 |
| Accounts payable and accrued expenses | $18,430 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,430 |
| Net assets without donor restrictions | $1,541,453 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,559,883 |
Grants Awarded
Over the last fiscal year, Near & Far Aid Association Inc has awarded $858,500 in support to 76 organizations.
| Grant Recipient | Amount |
|---|---|
Bridgeport, CT PURPOSE: ADULT EDUCATION AND JOB TRAINING | $25,000 |
AMERICARES FOUNDATION FREE CLINIC OF NORWALK PURPOSE: COMMUNITY HEALTH SERVICES | $25,000 |
MERCY LEARNING CENTER PURPOSE: ADULT EDUCATION AND JOB TRAINING | $25,000 |
Bridgeport, CT PURPOSE: AID TO FAMILIES AT RISK | $25,000 |
Norwalk, CT PURPOSE: AID TO THE HOMELESS | $22,500 |
BRIDGEPORT RESCUE MISSION INC PURPOSE: AID TO THE HOMELESS | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Near & Far Aid Association Inc has recieved totaling $95,750.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $26,000 |
Orchard Farm Foundation West Palm Beach, FL PURPOSE: TO ELIMINATE THE CAUSES AND EFFECTS OF POVERTY IN FAIRFIELD COUNTY BY FINDING AND FUNDING PROGRAMS THAT PROVIDE LIFE'S MOST BASIC NECESSITIES. | $22,000 |
J Aron Charitable Foundation Inc Jericho, NY PURPOSE: GENERAL USE | $10,000 |
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $10,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $9,000 |
George L Ohrstom Jr Foundation Inc Harrison, NY PURPOSE: GENERAL OPERATING SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Programs Of Westchester Jewish Community Services White Plains, NY | $12,138,978 | $16,937,661 |
Sunnyside Community Services Inc Long Island City, NY | $7,213,077 | $15,496,475 |
The B E L L Foundation Inc Westwood, MA | $26,190,550 | $19,692,109 |
Marshall Project Inc New York, NY | $18,747,646 | $15,174,508 |
Nassau-Suffolk Law Services Committee Inc Hempstead, NY | $5,326,603 | $11,194,760 |
Mercy Flight Central Inc Canandaigua, NY | $14,339,659 | $14,213,717 |
Here To Here Foundation Inc Bronx, NY | $10,262,789 | $1,365,332 |
Arab-American Family Support Center Inc Brooklyn, NY | $5,221,623 | $9,617,886 |
Asian Americans For Equality Inc New York, NY | $26,601,430 | $8,393,675 |
Greater Hartford Ridesharing Corporation Bloomfield, CT | $7,224,593 | $6,566,228 |
Creating Resources For Empowerment And Action Inc New York, NY | $14,539,110 | $8,895,948 |
Avodah The Jewish Service Corps Inc New York, NY | $2,569,454 | $4,032,872 |