Near & Far Aid Association Inc
- Assets
- $1.8m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Southport, CT
- Founding
- 06/1973
- Data as of
- 06/2023
- 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 06/2023, 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 0.6% each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Near & Far Aid Association Inc has awarded 697 individual grants totaling $7,620,500. 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
2023
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 |
|---|---|---|---|
Kelly Scinto Co-President | OfficerTrustee | 5 | $0 |
Karen Mitchell Co-President | OfficerTrustee | 5 | $0 |
Joanne Mason Vice President | OfficerTrustee | 1 | $0 |
Georgia Adams Treasurer | OfficerTrustee | 5 | $0 |
Mindee Blanco Assistant Treasurer | OfficerTrustee | 5 | $0 |
Joan Panagos Grant Review Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $860,744 |
| 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 | $860,744 |
| Total Program Service Revenue | $0 |
| Investment income | $40,964 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$322 |
| Net Income from Fundraising Events | $418,264 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,319,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,053,000 |
| 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 | $22,575 |
| 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 | $3,221 |
| All other expenses | $1,544 |
| Total functional expenses | $1,114,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326,782 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,984 |
| 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 | $2,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,415,699 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,790,965 |
| Accounts payable and accrued expenses | $37,848 |
| 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 | $37,848 |
| Net assets without donor restrictions | $1,753,117 |
| 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 | $1,790,965 |
Grants Awarded
Over the last fiscal year, Near & Far Aid Association Inc has awarded $908,000 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
ADAM J LEWIS PRESCHOOL PURPOSE: EDUCATIONAL OPPORTUNITIES FOR CHILDREN | $10,000 |
ACHIEVEMENT FIRST PURPOSE: EDUCATIONAL OPPORTUNITIES FOR CHILDREN | $10,000 |
AMERICARES FREE CLINICS INC PURPOSE: COMMUNITY HEALTH SERVICES | $25,000 |
BRIDGE ACADEMY PURPOSE: EDUCATIONAL OPPORTUNITIES FOR CHILDREN | $10,000 |
BOYS & GIRLS CLUB OF STAMFORD PURPOSE: EDUCATIONAL OPPORTUNITIES FOR CHILDREN | $7,500 |
BRIDGEPORT CARIBE YOUTH LEADERS PURPOSE: EDUCATIONAL OPPORTUNITIES FOR CHILDREN | $10,000 |