Adirondack Folk School Incorporated
- Assets
- $255.4k
- Revenue
- $341.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Lake Luzerne, NY
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 27-2281324
Organization Overview
Adirondack Folk School Incorporated is located in Lake Luzerne, NY. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Adirondack Folk School Incorporated employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adirondack Folk School Incorporated 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, Adirondack Folk School Incorporated generated $341.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $282.0k during the year ending 12/2021. While expenses have increased by 6.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A SINGLE PURPOSE ENTITY FORMED TO TEACH THE TRADITIONAL ARTS, CRAFTS AND CULTURE OF THE ADIRONDACK MOUNTAIN REGION OF THE STATE OF NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFERING YEAR ROUND CLASSES IN ADIRONDACK ARTS, CRAFTS AND CULTURE AT THE LAKE LUZERNE, NY LOCATION.
OFFERING CLASSES IN ADIRONDACK ARTS, CRAFTS AND CULTURE IN CONJUNCTION WITH LOCAL SCHOOLS, SENIOR CITIZEN ORGANIZATIONS AND OTHER COMMUNITY ORGANIZATIONS AT LOCATIONS OF THEIR CHOICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Riihimaki Treasurer | Officer | 3 | $0 |
John Cerveny President | Officer | 3 | $0 |
Patricia Goldberg Secretary | Officer | 3 | $0 |
Tanya Tobias-Tomis Vice President | Officer | 3 | $0 |
Ginny Franzen Trustee | Trustee | 3 | $0 |
Frank Lagace Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $22,955 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,643 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,598 |
| Total Program Service Revenue | $149,161 |
| Investment income | $45 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,603 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,765 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,637 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,832 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,226 |
| Advertising and promotion | $15,792 |
| Office expenses | $12,544 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,580 |
| Travel | $4,573 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,640 |
| Insurance | $7,868 |
| All other expenses | $0 |
| Total functional expenses | $282,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,818 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,962 |
| Prepaid expenses and deferred charges | $774 |
| Net Land, buildings, and equipment | $74,806 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $255,360 |
| Accounts payable and accrued expenses | $23,098 |
| Grants payable | $0 |
| Deferred revenue | $32,342 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $55,440 |
| Net assets without donor restrictions | $120,695 |
| Net assets with donor restrictions | $79,225 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $255,360 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Adirondack Folk School Incorporated has recieved totaling $10,138.
| Awarding Organization | Amount |
|---|---|
Lucille A Herold Trust New York, NY PURPOSE: PROGRAM SUPPORT | $5,000 |
J M Mcdonald Foundation Inc Wilmington, DE PURPOSE: 2021 WOODWORKING IMPROVEMENTS FUND | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $138 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |