Michael Butter Foundation Inc
- Assets
- $51.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amesbury, MA
- Founding
- 11/2011
- Data as of
- 12/2021
- EIN
- 27-1482599
Organization Overview
Michael Butter Foundation Inc is located in Amesbury, MA. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael Butter 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, Michael Butter Foundation Inc generated $4.0k 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 (4.1%) each year. All expenses for the organization totaled $3.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.2%) 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
THE FOUNDATION WILL PROVIDE FINANCIAL ASSISTANCE TO THE UNDERPRIVILEGED PEOPLE IN THE DOMINCAN REPUBLIC THROUGH HEALTH INS AND EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Sugar Butter Treasurer | 2 | $0 | |
Elaine Butter Director | 2 | $0 | |
Michael A Butter President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,989 |
| 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 | $3,989 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,643 |
| Professional fees and other payments to independent contractors | $284 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $3,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,718 |
| Other assets | $0 |
| Total assets | $51,491 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,491 |
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