Friends Of Union Fair Society
- Assets
- $12.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Union, ME
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 82-4385624
Organization Overview
Friends Of Union Fair Society is located in Union, ME. The organization was established in 2019. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Friends Of Union Fair Society 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, Friends Of Union Fair Society generated $26.4k 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 (12.3%) each year. All expenses for the organization totaled $22.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 4 years. 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
THE FRIENDS OF THE UNION FAIR SOCIETY HELD FIVE EVENTS DURING THE YEAR WHICH CREATED NET INCOME OF $20,898. THEY CONTRIBUTED OVER 80% OF THEIR TOTAL INCOME TO THE UNION FAIR SOCIETY FOR AN AMOUNT OF $17,110.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Briar Lyons Secretary | 2 | $0 | |
Sarah Drickey Trustee | 2 | $0 | |
Matt Gerrish President | 3 | $0 | |
Alex Achorn Trustee | 2 | $0 | |
Ryan Soule Treasurer | 2 | $0 | |
Otto Hunt Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,584 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,793 |
| Other Revenue | $0 |
| Total Revenue | $26,377 |
| 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 | $641 |
| Occupancy, rent, utilities, and maintenance | $80 |
| Printing, publications, postage, and shipping | $16 |
| Other expenses | $4,260 |
| Total expenses | $22,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,484 |
| Other assets | $0 |
| Total assets | $12,484 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,484 |