Mill Town Foundation Inc
- Assets
- $2.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 83-1676325
Organization Overview
Mill Town Foundation Inc is located in Providence, RI. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mill Town 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 12/2021, Mill Town Foundation Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 75.0% each year . All expenses for the organization totaled $2.1m 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
MILL TOWN HEALTH & WELLNESS - PROMOTE PROGRAMS AND INITIATIVES THAT IMPROVE COMMUNITY HEALTH, ACCESS TO HEALTH AND HEALTHY ACTIVITIES, PHYSICAL AND MENTAL WELL-BEING, FOOD SECURITY, AND OTHER KEY COMPONENTS OF FULL-BODY WELLNESS.
MILL TOWN CAPACITY BUILDING & EDUCATION - PROMOTE INITIATIVES, TRAINING, AND EDUCATION ACROSS MULTIPLE SECTORS THAT LEAD TO INDIVIDUAL AND ORGANIZATIONAL CAPACITY-BUILDING, SUSTAINABILITY, SKILLS-BUILDING, AND OTHER ENABLERS FOR IMPROVED OUTCOMES, GROWTH, AND SELF-RELIANCE.
MILL TOWN ARTS & CULTURE - PROGRAM DESIGNED TO PROMOTE COMMUNITY ACCESS TO QUALITY ARTS AND CULTURE OPPORTUNITIES IN THE BERKSHIRES FOR ALL RESIDENTS, VISITORS, & WORKING PRACTITIONERS IN THE INDUSTRY.
MILL TOWN OUTDOORS - PROMOTE COMMUNITY ACCESS TO QUALITY OUTDOOR RECREATION OPPORTUNITIES, PROMOTE REGIONAL CONSERVATION & ECOLOGICAL HEALTH, GROW THE OUTDOOR INDUSTRY AS AN ECONOMIC DEVELOPMENT DRIVER FOR THE BERKSHIRES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mixer Director/vice President | 1 | $0 | |
Gail Mixer Director/president | 1 | $0 | |
Brian Mixer Director | 1 | $0 | |
Mark Mixer Director | 1 | $0 | |
Arthur Duffy Treasurer | 1 | $0 | |
Michael Mixer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,670,102 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $15,092 |
| Other Income | $424,845 |
| Total Revenue | $2,110,039 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $269,628 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $122,047 |
| Depreciation | $253,212 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,514 |
| Printing and publications | $794 |
| Other expenses | $1,260,815 |
| Total operating and administrative expenses | $1,979,787 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $2,054,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,642 |
| Savings and temporary cash investments | $5 |
| Net Accounts receivable | $7,652 |
| 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 | $4,696 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,261,351 |
| Other assets | $20,617 |
| Total assets | $2,684,963 |
| Accounts payable and accrued expenses | $13,490 |
| Grants payable | $0 |
| Deferred revenue | $3,111 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $2,684,007 |
| Other liabilities | $4,459 |
| Total liabilities | $2,705,067 |
Grants Awarded
Over the last fiscal year, Mill Town Foundation Inc has awarded $75,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsfield, MA PURPOSE: CHARITABLE CONTRIBUTIONS | $50,000 |
Pittsfield, MA PURPOSE: CHARITABLE CONTRIBUTIONS | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mill Town Foundation Inc has recieved totaling $1,358,493.
| Awarding Organization | Amount |
|---|---|
Trimix Foundation Providence, RI PURPOSE: COVID-19 PROGRAMS | $1,358,493 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
The Wild Gifting Project Inc Middletown, CT | $23,865,047 | $15,556,583 |
Chleck Family Foundation Inc West Newton, MA | $39,514,983 | $9,043,898 |
Mill Town Foundation Inc Providence, RI | $2,684,963 | $2,110,039 |
Doolittle Home Inc Foxborough, MA | $0 | $1,909,205 |
Intend Health Strategies Dedham, MA | $2,524,252 | $2,551,186 |
Newtown Youth Academy Inc Newtown, CT | $6,851,304 | $1,378,258 |
Ithrive Games Foundation Newton, MA | $669,746 | $1,237,681 |
Museum Of Russian Icons Inc Clinton, MA | $12,714,985 | $3,100,460 |
Standardsworks Inc Quincy, MA | $1,404,812 | $1,719,954 |