New Canaan Athletic Foundation Inc
- Assets
- $177.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 12/2018
- Data as of
- 12/2020
- EIN
- 81-5049857
Organization Overview
New Canaan Athletic Foundation Inc is located in New Canaan, CT. The organization was established in 2018. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, 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. New Canaan Athletic 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 12/2020, New Canaan Athletic Foundation Inc generated $190.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (34.0%) each year. All expenses for the organization totaled $93.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (41.7%) per year over the past 2 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE EXPERIENCE OF ALL YOUTH AND NCHS ATHLETES WITH A BROAD BASED COMMUNITY COMMITMENT TOWARD FACILITIES AND A HEALTHY LIFESTYLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE EXPERIENCE OF ALL YOUTH AND NCHS ATHLETES WITH A BROAD BASED COMMUNITY COMMITMENT TOWARD FACILITIES AND A HEALTHY LIFESTYLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Benevento Chairman | Trustee | 0 | $0 |
Mike Murphy Vice President | Trustee | 0 | $0 |
James Dunning Director | Trustee | 0 | $0 |
Kimberly Conners Secretary | Trustee | 0 | $0 |
Andrew Gordon Treasurer | Trustee | 0 | $0 |
Robin Biasotti Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,550 |
| Total Program Service Revenue | $139,611 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,182 |
| 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 | $18,677 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $87 |
| Other expenses | $74,530 |
| Total expenses | $93,294 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,903 |
| Other assets | $0 |
| Total assets | $177,477 |
| Total liabilities | $151,579 |
| Net assets or fund balances | $25,898 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that New Canaan Athletic Foundation Inc has recieved totaling $100,777.
| Awarding Organization | Amount |
|---|---|
James And Amy Bennett Foundation Stamford, CT PURPOSE: RENOVATIONS TO STADIUM | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $25,000 |
Oconnor Fam Foundation New York, NY PURPOSE: OPERATING SUPPORT | $500 |
Corbet Family Foundation New Canaan, CT PURPOSE: CHARITABLE | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspirica Inc Stamford, CT | $38,438,849 | $9,454,101 |
Rewarding Environments For Adultliving Inc Elmont, NY | $6,389,376 | $6,709,006 |
Harlem Lacrosse And Leadership Corporation New York, NY | $2,915,816 | $6,267,239 |
Community Rowing Inc Brighton, MA | $16,273,081 | $6,722,803 |
Josiah Willard Hayden Recreation Center Inc Lexington, MA | $26,597,268 | $5,479,768 |
Monroe Community Sports Centre Corporation Rochester, NY | $10,874,985 | $2,546,542 |
Pilgrim Skating Arena Inc Hingham, MA | $11,883,485 | $3,566,472 |
Section Viii Of The New York State Public High Sch Athletic Assn Inc Garden City, NY | $2,112,612 | $1,625,215 |
St George Community Center I Inc Brooklyn, NY | $100,070 | $1,691,089 |
Knox Inc Hartford, CT | $1,543,474 | $1,697,399 |
Metropolitan Oval Foundation Inc Brooklyn, NY | $2,176,196 | $1,492,915 |
Cunningham Foundation Milton, MA | $2,249,585 | $1,510,417 |