Frank Hatch Community Youth Fund Inc
- Assets
- $198.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Castine, ME
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-3702614
Organization Overview
Frank Hatch Community Youth Fund Inc is located in Castine, ME. The organization was established in 2012. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Frank Hatch Community Youth Fund 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, Frank Hatch Community Youth Fund Inc generated $72.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $85.8k during the year ending 12/2021. While expenses have increased by 2.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT SPORTS AND RECREATION FOR THE YOUTH OF GREATER CASTINE, MAINE.
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 |
|---|---|---|---|
Emerson E Bruns Secretary | 2 | $0 | |
Andrea Hatch Director | 1 | $0 | |
Douglas Benjamin Treasurer | 2 | $0 | |
Temple Blackwood Director | 1 | $0 | |
Marianne Buchanan Vice Preside | 2 | $0 | |
Marianne Lee Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,458 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,349 |
| Gain or Loss | $2,522 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,329 |
| 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 | $7,261 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,461 |
| Total expenses | $85,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,328 |
| Other assets | $0 |
| Total assets | $198,328 |
| Total liabilities | $0 |
| Net assets or fund balances | $198,328 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Frank Hatch Community Youth Fund Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Narragansett Number One Foundation Bar Mills, ME PURPOSE: FUND PROGRAM FOR SPORTS AND RECREATI | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashua Country Club Nashua, NH | $11,876,858 | $9,163,090 |
Bald Peak Colony Club Melvin Village, NH | $11,276,451 | $8,005,657 |
Woodlands Club Falmouth, ME | $13,018,024 | $8,041,545 |
Portland Country Club Falmouth, ME | $15,784,752 | $5,682,051 |
York Golf & Tennis Club York, ME | $4,649,024 | $3,575,691 |
Purpoodock Club Cape Elizabeth, ME | $4,038,090 | $2,350,676 |
Cochecho Country Club Dover, NH | $4,308,223 | $2,269,241 |
Augusta Country Club Manchester, ME | $1,655,771 | $1,867,113 |
Blue Mountain Forest Association Newport, NH | $1,601,722 | $1,253,996 |
Bicycle Coalition Of Maine Portland, ME | $543,416 | $901,876 |
Maine Gladiators Lewiston, ME | $425,665 | $651,798 |
Grindstone Association Winter Harbor, ME | $4,949,323 | $677,119 |