Albiston Foundation
- Assets
- $1.2m
- Revenue
- $322.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Carrabassett Valley, ME
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 46-5666045
Organization Overview
Albiston Foundation, operating under the name Aphasia Center of Maine, is located in Carrabassett Valley, ME. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Aphasia Center of Maine employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aphasia Center of Maine 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, Aphasia Center of Maine generated $322.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $315.1k during the year ending 12/2021. 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 APHASIA CENTER OF MAINE AND THE ADAPTIVE OUTDOOR EDUCATION CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALBISTON FOUNDATION OF MAINE IS MADE UP OF THE APHASIA CENTER OF MAINE AND THE ADAPTIVE OUTDOOR EDUCATION CENTER, WHICH OPENED IN DECEMBER 2015. TOGETHER, THE CENTERS SERVED APPROXIMATELY 700 PEOPLE DURING 2021 THROUGH RETREATS, ACTIVITIES, AND PROGRAMS. ADDITIONALLY, THE ORGANIZATION OFFERED SPEAKING ENGAGEMENTS AND PARTICIPATED IN HEALTH FAIRS THAT REACHED COUNTLESS ADDITIONAL PARTICIPANTS.THE APHASIA CENTER OF MAINE ENHANCES THE LIVES OF PERSONS WITH APHASIA AND HELPS THEM GROW. THE CENTER PROVIDES RECREATIONAL, EDUCATIONAL, AND EMOTIONAL SUPPORT TO THOSE AFFECTED BY APHASIA AND THEIR FAMILIES. IN ADDITION, THE CENTER IS A RESOURCE TO THE GENERAL PUBLIC AND MEDICAL COMMUNITY TO INCREASE AWARENESS OF ALL THINGS APHASIA. THE ADAPTIVE OUTDOOR EDUCATION CENTER IS A FULLY ACCESSIBLE FACILITY PROVIDING LOW-COST, HOSTEL STYLE ACCOMMODATIONS IN CARRABASSETT VALLEY, MAINE. THE CENTER'S PURPOSE IS TO ENHANCE THE QUALITY OF LIFE FOR ALL PEOPLE WITH DISABILITIES THROUGH ADAPTIVE OUTDOOR RECREATION AND EDUCATION OPPORTUNITIES WHILE ALSO BEING A RESOURCE FOR THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Albiston President | OfficerTrustee | 20 | $0 |
Annemarie Albiston Treasurer | OfficerTrustee | 20 | $0 |
Steve Belanger PHD Bc-Ands Director | Trustee | 1 | $0 |
Tobias Burdet Director | Trustee | 0.2 | $0 |
Richard Fecteau Director | Trustee | 0.5 | $0 |
Elaine Jones Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $266,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,316 |
| Total Program Service Revenue | $34,400 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $322,716 |
| 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 | $94,819 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,426 |
| Payroll taxes | $8,473 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $605 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,670 |
| Office expenses | $10,565 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,852 |
| Travel | $5,481 |
| 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 | $67,876 |
| Insurance | $34,347 |
| All other expenses | $0 |
| Total functional expenses | $315,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,905 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $196 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,021,218 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,197,319 |
| Accounts payable and accrued expenses | $7,571 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $7,571 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,189,748 |
| Total liabilities and net assets/fund balances | $1,197,319 |
Grants Awarded
Over the last fiscal year, Albiston Foundation has awarded $10,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MITSY KIT PURPOSE: General Operating Support/Start Up Funding | $5,600 |
EQUIP FOR LIVING PURPOSE: General Operating Support/Start Up Funding | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Albiston Foundation has recieved totaling $9,062.
| Awarding Organization | Amount |
|---|---|
Onion Foundation Wayne, ME PURPOSE: GENERAL PURPOSE | $7,500 |
Franklin Savings Bank Community Development Foundation Farmington, ME PURPOSE: ADAPTIVE OUTDOOR EDUCATION CENTER | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $62 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Hampshire Catholic Charities Inc Manchester, NH | $140,545,315 | $96,098,300 |
The Opportunity Alliance South Portland, ME | $26,061,913 | $84,718,963 |
Penquis C A P Inc Bangor, ME | $38,967,615 | $60,528,357 |
Community Action Program Belknap & Merrimack Counties Inc Concord, NH | $13,081,335 | $43,283,224 |
Kennebec Valley Community Action Program Waterville, ME | $19,316,065 | $41,018,551 |
Tri-County Community Action Program Incorporated Berlin, NH | $12,062,842 | $36,885,101 |
Catholic Charities Maine Portland, ME | $14,668,841 | $26,102,567 |
Community Action Partnership Of Strafford County Dover, NH | $10,446,959 | $24,026,837 |
York County Community Action Corp Sanford, ME | $10,127,224 | $19,950,133 |
Waypoint Manchester, NH | $32,573,224 | $19,134,809 |
Waldo Community Action Partners Belfast, ME | $14,143,025 | $19,879,626 |
Western Maine Community Action Inc East Wilton, ME | $2,655,425 | $7,908,915 |