Forks Area Trails Club
- Assets
- $99.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- The Forks Plt, ME
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 47-2174459
Organization Overview
Forks Area Trails Club is located in The Forks Plt, ME. The organization was established in 2017. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forks Area Trails Club 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, Forks Area Trails Club generated $62.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $124.1k during the year ending 12/2022. 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
DEVELOP, MAINTAIN AND CREATE RECREATIONAL TRAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Yearwood President/trail Master | 3 | $0 | |
Suzanne Hockmeyer Vice President | 0.23 | $0 | |
Russell Walters Secretary/treasurer | 0.3 | $0 | |
Ben Towle Officer | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,574 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,835 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,706 |
| Total Revenue | $62,115 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,216 |
| Professional fees and other payments to independent contractors | $1,600 |
| Occupancy, rent, utilities, and maintenance | $94,498 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,765 |
| Total expenses | $124,079 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,951 |
| Other assets | $0 |
| Total assets | $99,343 |
| Total liabilities | $77,087 |
| Net assets or fund balances | $22,256 |