Totals
- Total revenue
- $1,836,287
- Total expenses
- $502,588
- Contributions and grants received
- $1,520,122
- Grants paid
- $0
- Program service revenue
- $74,485
- Investment income
- $7,483
- Other revenue
- $234,197
- Total assets, end of year
- $3,056,743
- Total liabilities, end of year
- $163,673
- Net assets or fund balances, end of year
- $2,893,070
- Program services expenses (Part IX)
- $452,475
- Management and general expenses
- $19,436
- Fundraising expenses
- $30,677
- Program service expenses (Part III)
- $452,475
Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$11,647
-
1e · Government grants (contributions)
$154,795
-
1f · All other contributions, gifts and grants
$1,353,680
-
1g · Noncash contributions included above
$18,734
-
2a · Program service revenue: Rental Income
total $74,485 · related or exempt $74,485
-
3 · Investment income
total $7,483 · excluded $7,483
-
8a · Fundraising events: gross income
$9,872
-
8a · Fundraising events: contributions included on line 1c
$11,647
-
8b · Fundraising events: direct expenses
$9,872
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$236,339
-
10b · Cost of goods sold
$2,142
-
10c · Net income from sales of inventory
total $234,197 · related or exempt $234,197
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $78,056 · program services $68,689 · management and general $1,561 · fundraising $7,806
-
7 · Other salaries and wages
total $150,726 · program services $132,638 · management and general $3,015 · fundraising $15,073
-
9 · Other employee benefits
total $15,174 · program services $11,539 · management and general $555 · fundraising $3,080
-
10 · Payroll taxes
total $19,115 · program services $16,821 · management and general $382 · fundraising $1,912
-
11a · Fees: management
total $7,296 · program services $7,296
-
11b · Fees: legal
total $1,000 · program services $1,000
-
11c · Fees: accounting
total $20,700 · program services $20,700
-
11f · Fees: investment management
total $2,647 · management and general $2,647
-
11g · Fees: other
total $31,572 · program services $31,572
-
12 · Advertising and promotion
total $1,748 · program services $1,748
-
13 · Office expenses
total $5,560 · program services $3,892 · management and general $278 · fundraising $1,390
-
16 · Occupancy
total $52,730 · program services $43,766 · management and general $8,964
-
17 · Travel
total $1,722 · program services $1,722
-
20 · Interest
total $2,322 · program services $2,322
-
22 · Depreciation, depletion and amortization
total $31,919 · program services $31,919
-
23 · Insurance
total $14,163 · program services $12,463 · management and general $284 · fundraising $1,416
-
24a · Other expenses: Program Expense
total $28,932 · program services $28,932
-
24b · Other expenses: Repairs and Maintenance
total $15,220 · program services $15,220
-
24c · Other expenses: Bank Charges
total $13,684 · program services $13,684
-
24d · Other expenses: Communications
total $3,500 · program services $1,750 · management and general $1,750
-
24e · All other expenses
total $4,802 · program services $4,802
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $210,332 · end of year $461,435
-
2 · Savings and temporary cash investments
beginning of year $85,080 · end of year $85,235
-
3 · Pledges and grants receivable
end of year $946,650
-
4 · Accounts receivable
beginning of year $16,408 · end of year $89,649
-
9 · Prepaid expenses and deferred charges
beginning of year $8,260 · end of year $11,607
-
10a · Land, buildings and equipment: cost or other basis
$1,540,069
-
10b · Land, buildings and equipment: accumulated depreciation
$362,827
-
10c · Land, buildings and equipment, net
beginning of year $1,139,933 · end of year $1,177,242
-
11 · Investments: publicly traded securities
beginning of year $210,565 · end of year $238,062
-
15 · Other assets
beginning of year $1,802 · end of year $46,863
-
17 · Accounts payable and accrued expenses
beginning of year $25,800 · end of year $20,158
-
23 · Secured mortgages and notes payable
beginning of year $106,406 · end of year $94,834
-
25 · Other liabilities
beginning of year $3,620 · end of year $48,681
-
27 · Net assets without donor restrictions
beginning of year $1,490,567 · end of year $2,787,569
-
28 · Net assets with donor restrictions
beginning of year $45,987 · end of year $105,501
Mission and programs · 2022
Mission
Fair Tide's mission is to reduce homelessness by providing Housing and support services to individuals and families in the seacoast. Through Fair Tide's permanent housing program, homeless households benefit from intensive case management services coupled with a safe and stable place to live. Fair Tide also operates a thrift store which provides revenue for the programming and a valuable resource for the local community.
-
Fair Tide moved 10 individuals from homelessness into permanent housing. Additionally, provided ongoing support for 30 households and distributed money in emergency assistance to help folks stay current with their bills and secure in their homes.
Expenses $452,475 · Revenue $74,485
-
The Fair Tide Thrift Store provides critical funding for our mission to house and support homeless households. The Thrift Store also acts as a resource for our housing program residents and other members of the community in need of quality housewares and clothing at an affordable price.
Revenue $234,197
-
Developing Mainspring - the resource hub of social services, and 6-unit housing project at 22 Shapleigh Road, Kittery, ME.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ali Goodwin
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Ryan Pope
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Steven Epstein
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
George Dow
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Bill Dignan
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dale Keller
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Aaron Awbrey
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Emily Flinkstrom
Executive Director
- Total calculated
- $86,448
- From this org
- $78,056
- From related orgs
- $0
- Other
- $8,392
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430669349300428
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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