Ayersfoundation
- Assets
- $60.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westerly, RI
- Founding
- 02/2012
- Data as of
- 12/2022
- EIN
- 27-3957581
Organization Overview
Ayersfoundation is located in Westerly, RI. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ayersfoundation 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 12/2022, Ayersfoundation generated $72.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $74.5k during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE FOUNDATION IS TO PROMOTE AND PRACTICE SUSTAINABLE AGRICULTURE, NUTRITION, AND HEALTHY LIVING BY EXAMPLE AND PRIMARILY THROUGH EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maxson B Hence President | 10 | $8,000 | |
Ulrike M Hence Secretary | 10 | $2,500 | |
Chandra Benevento Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,224 |
| Total Program Service Revenue | $2,716 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,940 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,500 |
| Professional fees and other payments to independent contractors | $6,524 |
| Occupancy, rent, utilities, and maintenance | $31,113 |
| Printing, publications, postage, and shipping | $252 |
| Other expenses | $26,133 |
| Total expenses | $74,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,986 |
| Other assets | $0 |
| Total assets | $59,986 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,986 |