Friends Of Townie Athletics
- Assets
- $235.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rumford, RI
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 26-4173798
Organization Overview
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 12/2023, Friends Of Townie Athletics generated $156.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $146.8k during the year ending 12/2023. While expenses have increased by 15.0% per year over the past 5 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
2023
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarence Butler President | 2 | $0 | |
Paul Pimentel Vice President | 2 | $0 | |
Stephanie Vinhateiro Secretary | 2 | $0 | |
Gregory Dias Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,441 |
| Total Program Service Revenue | $0 |
| Membership dues | $150 |
| Investment income | $3,094 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $30,425 |
| Other Revenue | $0 |
| Total Revenue | $156,110 |
| 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 | $194 |
| Other expenses | $493 |
| Total expenses | $146,816 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $235,526 |
| Other assets | $0 |
| Total assets | $235,526 |
| Total liabilities | $0 |
| Net assets or fund balances | $235,526 |