Maine Ultimate Inc
- Assets
- $103.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yarmouth, ME
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 46-1016575
Organization Overview
Maine Ultimate Inc is located in Yarmouth, ME. The organization was established in 2013. 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. Maine Ultimate 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 12/2022, Maine Ultimate Inc generated $153.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $154.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO GROW THE SPORT OF ULTIMATE IN MAINE BY SPONSORING LEAGUES, TEAMS AND EVENTS THAT PROMOTE SPRIT OF THE GAME AND SPORTSMANSHIP. WE EMPHASIZE SAFETY, RESPECT, EDUCATION AND PUBLIC OUTREACH
Describe the Organization's Program Activity:
Part 3
TOURNAMENTS- THE ORGANIZATION HOSTS ULTIMATE TOURNAMENTS FOR HIGH SCHOOL STUDENTS, COLLEGE STUDENTS, AND ADULTS. SEVERAL THOUSAND PEOPLE PARTICIPATE IN ONE OR MORE OF THESE TOURNAMENTS.
YOUTH CHAMPIONSHIPS- THE ORGANIZATION TAKES SEVERAL TEAMS OF MIDDLE SCHOOL AND HIGH SCHOOL AGED PLAYERS TO THE YOUTH CLUB CHAMPIONSHIPS.
CLINICS-THE ORGANIZATION RUNS SEVERAL WINTER CLINICS FOR HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Young President | 0 | $0 | |
Gunnar Heckler Vice President | 0 | $0 | |
Jason Quint Director | 0 | $0 | |
Olivia Nicol Director | 0 | $0 | |
Tom Stoughton Secretary | 0 | $0 | |
Lynne Lewis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,420 |
| Total Program Service Revenue | $145,083 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,310 |
| 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 | $4,199 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $149,730 |
| Total expenses | $154,133 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,004 |
| Other assets | $0 |
| Total assets | $103,004 |
| Total liabilities | $2,584 |
| Net assets or fund balances | $100,420 |