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Employer Identification Number 01-0470496

Foundation for the Advancement of is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:Foundation for the Advancement of
Employer identification number (EIN):01-0470496
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO RAISE EARLY ASPIRATIONS FOR HIGHER EDUCATION AND TO EMPOWER YOUNG STUDENTS IN RURAL MAINE COMMUNITIES TO BUILD A BRIGHTER FUTURE FOR THEMSELVES AND FOR THEIR COMMUNITIES BY PROVIDING EARLY INFORMATION AND INSPIRATION THROUGH WORKSHOPS, SCHOLARSHIPS, AND OTHER EDUCATIONAL INITIATIVES.
Number of Employees1
Year Formed1992

Organization Governance

Legal DomicileME
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,500
Program Service Revenue from current yearUSD $ 11,400
Investment Income from prior yearUSD $ 11,699
Investment Income from current yearUSD $ -19,704
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 759,981
Net assets / fund balances at end of fiscal yearUSD $ 848,792
Net assets / fund balances at beginning of fiscal yearUSD $ 196,252
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 9
Total assets at end of fiscal yearUSD $ 848,792
Total assets at beginning of fiscal yearUSD $ 196,261
Revenues less expenses for current yearUSD $ 652,540
Revenues less expenses for previous yearUSD $ 48,394
Total expenses for current yearUSD $ 107,441
Total expenses for previous yearUSD $ 79,493
Other expenses in current yearUSD $ 14,300
Other expenses in previous yearUSD $ 6,901
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 54,901
Employee salary and benefits paid in previous yearUSD $ 54,902
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 38,240
Grants and similar amounts paid in previous yearUSD $ 17,690
Total revenue in current fiscal yearUSD $ 759,981
Total revenue in previous fiscal yearUSD $ 127,887
Contributions and grants from current yearUSD $ 768,285
Contributions and grants from previous yearUSD $ 111,688
2021-12-31
Gross receipts from all sourcesUSD $ 127,887
Net assets / fund balances at end of fiscal yearUSD $ 196,252
Net assets / fund balances at beginning of fiscal yearUSD $ 147,858
Contributions, Grants, Gifts etc from current yearUSD $ 111,688
Total revenueUSD $ 127,887
Grants and similar amounts paidUSD $ 17,690
Employees salaries and other compensation and benefitsUSD $ 54,902
Total of all other expensesUSD $ 6,901
Total of all expensesUSD $ 79,493
Net assets or fund balances at end of yearUSD $ 48,394
2020-12-31
Gross receipts from all sourcesUSD $ 52,070
Net assets / fund balances at end of fiscal yearUSD $ 147,858
Net assets / fund balances at beginning of fiscal yearUSD $ 185,412
Contributions, Grants, Gifts etc from current yearUSD $ 44,628
Total revenueUSD $ 52,070
Grants and similar amounts paidUSD $ 20,280
Fees and other payments to independent contractorsUSD $ 47,300
Total of all other expensesUSD $ 21,613
Total of all expensesUSD $ 89,624
Net assets or fund balances at end of yearUSD $ -37,554
2019-12-31
Gross receipts from all sourcesUSD $ 102,008
Net assets / fund balances at end of fiscal yearUSD $ 185,412
Net assets / fund balances at beginning of fiscal yearUSD $ 147,993
Contributions, Grants, Gifts etc from current yearUSD $ 75,695
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 102,008
Grants and similar amounts paidUSD $ 13,358
Fees and other payments to independent contractorsUSD $ 36,285
Total of all other expensesUSD $ 14,946
Total of all expensesUSD $ 64,589
Net assets or fund balances at end of yearUSD $ 37,419
2017-12-31
Gross receipts from all sourcesUSD $ 72,157
Net assets / fund balances at end of fiscal yearUSD $ 127,645
Net assets / fund balances at beginning of fiscal yearUSD $ 105,021
Contributions, Grants, Gifts etc from current yearUSD $ 42,470
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 72,157
Grants and similar amounts paidUSD $ 16,065
Fees and other payments to independent contractorsUSD $ 20,275
Total of all other expensesUSD $ 13,193
Total of all expensesUSD $ 49,533
Net assets or fund balances at end of yearUSD $ 22,624
2015-12-31
Gross receipts from all sourcesUSD $ 58,306
Net assets / fund balances at end of fiscal yearUSD $ 70,864
Net assets / fund balances at beginning of fiscal yearUSD $ 43,395
Contributions, Grants, Gifts etc from current yearUSD $ 37,179
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 58,306
Grants and similar amounts paidUSD $ 10,582
Fees and other payments to independent contractorsUSD $ 16,950
Total of all other expensesUSD $ 3,305
Total of all expensesUSD $ 30,837
Net assets or fund balances at end of yearUSD $ 27,469
2014-12-31
Gross receipts from all sourcesUSD $ 71,664
Net assets / fund balances at end of fiscal yearUSD $ 43,395
Net assets / fund balances at beginning of fiscal yearUSD $ 30,293
Contributions, Grants, Gifts etc from current yearUSD $ 53,095
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 71,664
Grants and similar amounts paidUSD $ 10,898
Fees and other payments to independent contractorsUSD $ 37,000
Total of all other expensesUSD $ 10,216
Total of all expensesUSD $ 58,562
Net assets or fund balances at end of yearUSD $ 13,102

Other Company Names associated with EIN

FOUNDATION FOR THE ADVANCEMENT OF EDUCATION
Maine College Circle

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 010470496

USA Mailing Address
251 Main Street
Yarmouth
ME
04096
Date first seen: 2007-01-01
Date last seen: 2024-04-30
USA Mailing Address
PO BOX 1112
ELLSWORTH
ME
04605
Date first seen: 2007-01-01
Date last seen: 2024-04-30
USA Mailing Address
PO BOX 111
CUMBERLAND CENTER
ME
04021
Date first seen: 2009-01-01
Date last seen: 2023-12-31

EIN Events

Event Date Event description
2008-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2008

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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