Kmha Foundation Inc
- Assets
- $6.5m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Waterville, ME
- Founding
- 03/2003
- Data as of
- 06/2021
- EIN
- 61-1419904
Organization Overview
Kmha Foundation Inc is located in Waterville, ME. The organization was established in 2003. According to its NTEE Classification (F11) the organization is classified as: Single Organization Support, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kmha Foundation 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 06/2021, Kmha Foundation Inc generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 60.8% each year . All expenses for the organization totaled $205.7k during the year ending 06/2021. While expenses have increased by 19.8% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HOLD, MANAGE, INVEST AND APPROPRIATE ANY AND ALL FUNDS WHICH HAVE AND WILL BE GIFTED AND TO OVERSEE THE GRANTING OF FUNDS FOR THE DELIVERY OF HIGH QUALITY BEHAVIORAL HEALTH AND OTHER RELATED SERVICES BY KENNEBEC VALLEY MENTAL HEALTH CENTER DBA KENNEBEC BEHAVIORAL HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT AND APPROPRIATION OF FUNDS CONSISTENT WITH EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Fiandaca President/se | OfficerTrustee | 2 | $0 |
Megan Stiles Vice Preside | OfficerTrustee | 2 | $0 |
Janine D Taylor MD Medical Dire | Officer | 40 | $0 |
Thomas Mcadam MBA CEO | Officer | 40 | $0 |
Josee Shelley CPA CFO | Officer | 40 | $0 |
Marjorie Downing Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,893,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,893,390 |
| Total Program Service Revenue | $0 |
| Investment income | $54,212 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,228 |
| Net Income from Fundraising Events | $7,299 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,997,129 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $164,860 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $23,923 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $205,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,960 |
| Savings and temporary cash investments | $4,697,368 |
| Pledges and grants receivable | $13,112 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $305,869 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,803 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,443,533 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,475 |
| Total assets | $6,517,120 |
| Accounts payable and accrued expenses | $1,652 |
| 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 | $22,923 |
| Total liabilities | $24,575 |
| Net assets without donor restrictions | $6,492,545 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $6,517,120 |
Grants Awarded
Over the last fiscal year, Kmha Foundation Inc has awarded $164,860 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Waterville, ME PURPOSE: SEE PART IV FOR STMT | $132,508 |
Waterville, ME PURPOSE: SEE PART IV FOR STMT | $32,352 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kmha Foundation Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: HEALTH | $6,000 |
Endowment Analysis
| Beg. Balance | $1,176,425 |
| Earnings | $275,464 |
| Admin Expense | $8,356 |
| Ending Balance | $1,443,533 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kennebec Mental Health Associates Inc Waterville, ME | $2,917,311 | $4,502,828 |
211 Maine Inc Portland, ME | $634,084 | $1,477,632 |
Reach For The Top Therapy Services Dover, NH | $222,262 | $1,402,585 |
Westbridge Recovery Opportunity Fund Manchester, NH | $1,231,436 | $1,214,711 |
Kmha Foundation Inc Waterville, ME | $6,517,120 | $3,997,129 |
Community Partners Of Strafford County Foundation Dover, NH | $301,520 | $0 |