Ripple Effect Project
- Assets
- $28.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterville, ME
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 26-0545319
Organization Overview
Ripple Effect Project is located in Waterville, ME. The organization was established in 2008. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ripple Effect Project 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 12/2022, Ripple Effect Project generated $116.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $134.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
-SUPPORTED OVER 200 KINDERGARTEN TO 8TH GRADE STUDENTS BY PAYING FOR THE KORANDO EDUCATION CENTER TEACHER SALARIES.-PROVIDED SCHOOL FEE FUNDS FOR 37 GRADUATES OF THE KORANDO EDUCATION CENTER TO ATTEND HIGH SCHOOL.-PROVIDED FUNDS FOR A BREAKFAST PROGRAM THAT PROVIDES BREAKFAST FOR EVERY STUDENT IN THE BEGINNING OF THE SCHOOL DAY.-CROPS CONTINUE TO GROW TO PROVIDE FOOD FOR THE SCHOOL AND AS WELL AS A SOURCE OF INCOME.-MADE PLUMBING AND OTHER REPAIRS ON EXISTING BUILDINGS.-PROVIDED EMERGENCY FOOD FOR STUDENTS DURING POLITICAL TURMOIL OF THE ELECTION.-CREATED A CHILD SPONSORSHIP PROGRAM FOR DONORS TO SEND PERSONAL LETTERS TO STUDENTS AT THE KORANDO EDUCATION CENTER AND SUPPORT THE STUDENTS ENGLISH EDUCATION PROGRAM.-HIRED A CONTRACTOR FOR THE SCHOOL BUILDING PROJECT. -94% OF RIPPLE EFFECT PROJECTS EXPENSES WERE USED TO DIRECTLY SUPPORT THE KORANDO EDUCATION CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Sammon President | 1 | $0 | |
Roland Garbe Treasurer | 1 | $0 | |
Vincent Costello Board Member | 1 | $0 | |
Alice Sammon Secretary | 1 | $0 | |
Robert Van Deventer Board Member | 1 | $0 | |
David Scaduto Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,642 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,644 |
| 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 | $1,010 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,994 |
| Other expenses | $131,061 |
| Total expenses | $134,065 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,510 |
| Other assets | $0 |
| Total assets | $28,510 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,510 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ripple Effect Project has recieved totaling $187.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $187 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Konbit Sante Cap-Haitien Health Falmouth, ME | $571,890 | $978,142 |
Partners For World Health Portland, ME | $3,342,864 | $2,314,755 |
Hope Haitian Ministries Boothbay, ME | $34,802 | $221,069 |
Sakala International Camden, ME | $228,901 | $237,695 |
Ripple Effect Project Waterville, ME | $28,510 | $0 |
Womenstrust Inc New London, NH | $282,219 | $94,036 |
Tara Foundation Inc Meriden, NH | $39,432 | $0 |
Partners For Rural Health In The Dominican Republic Portland, ME | $67,214 | $0 |
The Mission Possible International Auburn, ME | $2,198 | $0 |
Hancock County Medical Mission Ellsworth, ME | $82,678 | $0 |
Working Villages International Topsham, ME | $151,952 | $0 |
Project Harvest Hope Yarmouth, ME | $0 | $0 |