Family Ice
- Assets
- $3.7m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 17
- Location
- Falmouth, ME
- Founding
- 04/1998
- Data as of
- 09/2023
- EIN
- 91-1887265
Organization Overview
Family Ice is located in Falmouth, ME. The organization was established in 1998. 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. As of 09/2023, Family Ice employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Ice 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 09/2023, Family Ice generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.1m during the year ending 09/2023. While expenses have increased by 1.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FAMILY ICE CENTER IS A NON-PROFIT ORGANIZATION ESTABLISHED IN DECEMBER 1997 TO BUILD AND OPERATE A REGIONAL SKATING CENTER IN FALMOUTH, MAINE THAT CATERED PRIMARILY TO YOUNGER SKATERS AND THEIR FAMILIES.THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO ENCOURAGE THE DEVELOPMENT AND EXPANSION IN THE GREATER PORTLAND, MAINE AREA OF ORGANIZED LEARN-TO-SKATE INSTRUCTION, HOCKEY AND FIGURE SKATING PROGRAMS, AND UNORGANIZED RECREATIONAL SKATING TIME. THESE ACTIVITIES SEEK TO ELIMINATE BARRIERS, WHETHER FINANCIAL OR OTHERWISE, TO THE PARTICIPATION OF CHILDREN IN ICE-BASED SPORTING AND RECREATIONAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONTINUES TO DEVELOP AND EXPAND LEARN-TO-SKATE, HOCKEY, AND FIGURE SKATING PROGRAMS, AS WELL AS PROVIDING ICE TIME FOR UNORGANIZED PUBLIC SKATING AND PICKUP HOCKEY FOR THE GREATER PORTLAND COMMUNITY.
OPPORTUNITY SKATE IS A COMMUNITY OUTREACH FUND DESIGNED IN ACCORDANCE WITH THE ORGANIZATION'S MISSION. THIS PROGRAM PROVIDES FUNDING FOR VARIOUS SKATING PROGRAMS FOR DISADVANTAGED YOUTHS AND DISABLED INDIVIDUALS. SOME OF THE ORGANIZATIONS THAT THIS OUTREACH HAS HELPED INCLUDE THE BOYS AND GIRLS CLUBS, YOUTH ALTERNATIVES, OPPORTUNITY FARM, MAINE ADAPTIVE SPORTS, BAXTER SCHOOL FOR THE DEAF, AND CENTER FOR GRIEVING CHILDREN.
IN THE YEAR ENDED SEPTEMBER 30, 2023, THE ORGANIZATION CONDUCTED A CAPITAL FUNDRAISING CAMPAIGN TO FUND THE SUSTAINABLE RESTORATION/REPLACEMENT OF ITS OUTSIDE POND AND ITS INFRASTRUCTURE. CAPITALIZED EXPENDITURES TO DATE AMOUNTED TO $572,446.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Brainerd General Manager | 40 | $112,969 | |
John Hart Director | Trustee | 1 | $0 |
Sally Morris Director | Trustee | 1 | $0 |
Jim Bonnvie Director | Trustee | 1 | $0 |
Jenny Ellis Director | Trustee | 1 | $0 |
William Welch Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,037,957 |
| Noncash contributions included in lines 1a–1f | $91,302 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,137,957 |
| Total Program Service Revenue | $788,158 |
| Investment income | $6,807 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$41,730 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,896,125 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $109,118 |
| Compensation of current officers, directors, key employees. | $109,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $272,786 |
| Pension plan accruals and contributions | $4,875 |
| Other employee benefits | $0 |
| Payroll taxes | $30,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $225 |
| Fees for services: Accounting | $44,739 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,380 |
| Fees for services: Other | $861 |
| Advertising and promotion | $1,486 |
| Office expenses | $0 |
| Information technology | $8,595 |
| Royalties | $0 |
| Occupancy | $195,086 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,658 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $157,494 |
| Insurance | $44,152 |
| All other expenses | $7,584 |
| Total functional expenses | $1,085,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24 |
| Savings and temporary cash investments | $507,469 |
| Pledges and grants receivable | $125,000 |
| Accounts receivable, net | $41,023 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,283 |
| Net Land, buildings, and equipment | $2,796,875 |
| Investments—publicly traded securities | $258,125 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,735,799 |
| Accounts payable and accrued expenses | $79,677 |
| Grants payable | $0 |
| Deferred revenue | $16,497 |
| 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 | $386,057 |
| Unsecured mortgages and notes payable | $147,168 |
| Other liabilities | $120,174 |
| Total liabilities | $749,573 |
| Net assets without donor restrictions | $2,486,827 |
| Net assets with donor restrictions | $499,399 |
| 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 | $3,735,799 |