Time Out Foundation Inc is located in Lakeville, CT. The organization was established in 2008. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Time Out Foundation 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 12/2021, Time Out Foundation Inc generated $68.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $68.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 6 years. 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
VARIOUS THERAPEUTIC COUNSELING, THERAPY AND TREATMENT PROGRAMS;
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Corrine Kalser President | 8 | $0 | |
David Macarthur Director | 2 | $0 | |
John Mahoney Director | 0 | $0 | |
Kathy Wiggins Vol Office Manager | 1 | $0 | |
Sheryl Kennedy Director | 1 | $0 | |
Nora Rivkin Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $68,238 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $68,238 |
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 | $13,343 |
Occupancy, rent, utilities, and maintenance | $12,931 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $42,419 |
Total expenses | $68,693 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $831 |
Other assets | $0 |
Total assets | $72,580 |
Total liabilities | $0 |
Net assets or fund balances | $72,580 |
Over the last fiscal year, we have identified 1 grants that Time Out Foundation Inc has recieved totaling $20.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
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