Up East Foundation
- Assets
- $3.2m
- Revenue
- $188.1k
- Investments
- $798.6k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 51-0367586
Organization Overview
Up East Foundation is located in Wilmington, DE. The organization was established in 1997. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Up East Foundation 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, Up East Foundation generated $188.1k 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 (13.1%) each year. All expenses for the organization totaled $6.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH TO IMPROVE AND DEVELOP TECHNIQUES FOR SUSTAININGAND IMPROVING HEALTHY WILD AND CULTIVATED MARINE SPECIES ANDHABITATS THAT ARE OF PRACTICAL VALUE TO MAINE'S ISLAND ANDCOASTAL AREAS. SUPPORT AND PROVIDE INFRASTRUCTURE FOR EDUCATIONAL AND RESEARCH ACTIVITIES CONDUCTED ON ALLEN ISLAND IN COASTAL MAINE BY EDUCATORS AND STUDENTS OF COLBY COLLEGE, WATERVILLE, MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard H Powers Trustee | 1 | $0 | |
Gregory F Fields Trustee | 0.5 | $0 | |
James Browning Wyeth Trustee | 0.5 | $0 | |
Amy Morey Vice President And Trustee | 1 | $0 | |
Prof John Wilmerding Trustee | 0.5 | $0 | |
Christopher B Crosman Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,097 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $40 |
| Total Revenue | $188,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $197,392 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $95,481 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $166,821 |
| Total operating and administrative expenses | $536,673 |
| Contributions, gifts, grants paid | $5,457,250 |
| Total expenses and disbursements | $5,993,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,507,619 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $798,587 |
| Net Land, buildings, and equipment | $880,000 |
| Other assets | $1,928 |
| Total assets | $3,188,134 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Up East Foundation has awarded $5,457,250 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COLBY COLLEGE PURPOSE: TO SUPPORT EDUCATIONAL, RESEARCH AND CONSERVATION ACTIVITIES OF COLBY COLLEGE | $5,400,000 |
HERRING GUT LEARNING CENTER PURPOSE: SUPPORT OF EDUCATIONAL INITIATIVE AND INFRASTRUCTURE ANALYSIS | $30,000 |
HERRING GUT LEARNING CENTER PURPOSE: SUPPORT OF EDUCATIONAL INITIATIVE AND INFRASTRUCTURE ANALYSIS | $22,250 |
Camden, ME PURPOSE: SUPPORT OF CRITICAL CARE AND MEDICAL TRANSPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council Of Three Rivers American Indian Center Inc Pittsburgh, PA | $2,198,563 | $19,524,702 |
Everas Community Services Inc Somerset, NJ | $31,405,785 | $23,760,269 |
Intercommunity Action Incorporated Philadelphia, PA | $14,614,293 | $19,901,552 |
Spectrum Community Services Inc Allentown, PA | $6,288,427 | $19,062,960 |
Prospectus Associates Inc Reading, PA | $18,973,994 | $22,583,253 |
Delmarva Community Services Inc Cambridge, MD | $28,890,854 | $21,269,645 |
Good Family Support Services Inc Philadelphia, PA | $20,002,576 | $19,632,400 |
Community Options Enterprises Inc Princeton, NJ | $16,019,120 | $15,996,095 |
Typical Life Corporation York, PA | $10,082,185 | $15,549,627 |
P G Chambers School Inc Cedar Knolls, NJ | $24,932,029 | $14,959,719 |
Centralized Comprehensive Human Services Inc Philadelphia, PA | $12,942,710 | $13,680,899 |
Peaceful Living Harleysville, PA | $3,665,448 | $10,180,949 |