Friends Of Townie Athletics is located in Rumford, RI. The organization was established in 2009. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Townie Athletics 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, Friends Of Townie Athletics generated $121.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $79.4k during the year ending 12/2021. While expenses have increased by 15.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
BANQUETS, AWARDS, EQUIPMENT AND SCHOLARSHIPS WERE PROVIDEDTO STUDENT ATHLETES TO HONOR THEM FOR HAVING ACHIEVEDSUCCESS IN SPORTING EVENT COMPETITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clarence Butler President | 2 | $0 | |
Millie Morris Vice President | 2 | $0 | |
Stephanie Vinhateiro Secretary | 2 | $0 | |
Gregory Dias Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $46,967 |
Total Program Service Revenue | $0 |
Membership dues | $170 |
Investment income | $831 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $73,492 |
Other Revenue | $0 |
Total Revenue | $121,460 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $539 |
Total expenses | $79,372 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $205,253 |
Other assets | $0 |
Total assets | $205,253 |
Total liabilities | $0 |
Net assets or fund balances | $205,253 |
Over the last fiscal year, we have identified 1 grants that Friends Of Townie Athletics has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $10,000 |
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Windhover Foundation Inc Rockport, MA | $234,354 | $265,172 |
Bradys Bunch Lacrosse Framingham, MA | $25,744 | $0 |
Coghlin Services Fund Worcester, MA | $705,316 | $149,454 |
Davids Swim Inc North Falmouth, MA | $13,497 | $114,305 |