Nantucket Sports & Therapeutic- Accessible Recreation Inc
- Assets
- $97.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nantucket, MA
- Founding
- 02/2006
- Data as of
- 12/2020
- EIN
- 42-1627343
Organization Overview
Nantucket Sports & Therapeutic- Accessible Recreation Inc is located in Nantucket, MA. The organization was established in 2006. 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. Nantucket Sports & Therapeutic- Accessible Recreation 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 12/2020, Nantucket Sports & Therapeutic- Accessible Recreation Inc generated $50.4k 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 (12.5%) each year. All expenses for the organization totaled $57.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.8%) 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
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A PLACE FOR RECREATION AND SPORTS FOR CHILDREN WITH SPECIAL NEEDS. CHILDREN PARTICIPATING IN THE NANTUCKET S.T.A.R. PROGRAM HAVE ACCESS TO ADAPTIVE SPORTS, CAMPS, AFTER-SCHOOL ACTIVITIES, AND PLAY-GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Albertson President | 5 | $0 | |
Lynda Cutone Secretary | 5 | $0 | |
Kristen Dussault Treasurer | 5 | $0 | |
Renee Gamberoni Vice President | 5 | $0 | |
Tina Steadman Executive Direc | 20 | $12,140 | |
Terri Dion Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,172 |
| Total Program Service Revenue | $3,834 |
| Membership dues | $0 |
| Investment income | $4,374 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,614 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,992 |
| Printing, publications, postage, and shipping | $409 |
| Other expenses | $16,979 |
| Total expenses | $56,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,030 |
| Other assets | $0 |
| Total assets | $97,030 |
| Total liabilities | $13,000 |
| Net assets or fund balances | $84,030 |