Friends of Mascoma Foundation

EIN: 472098479 501(c)(3) Philanthropy & Grantmaking

Canaan, NH

Total Revenue
$333,540
Total Expenses
$378,840
Total Assets
$389,655
Net Assets
$388,821
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NH
Principal Officer
Bridget Labrie
Phone
6036324542
Tax Period
2025-01-01 to 2025-12-31

Friends of Mascoma Foundation, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $334K in total revenue in fiscal year 2025. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $379K exceeded revenue, resulting in a 14% operating deficit.

Mission

To establish and maintain a philanthropic organization to benefit the Mascoma Valley Regional School District. The purpose is to provide support to the Mascoma Valley Regional School District on short-term and long-term initiatives that foster educational development and nutritional well-being for our students and their families. The beneficiaries of the foundation are the school facilities, faculty, students, and their families within the district.

Program Service Accomplishments

Program 1
Expenses: $260,791 Revenue: $171,657

Friends Feeding Friends addresses food insecurity, nutritional well-being, and food waste across the Mascoma Valley region. As an agent of the New Hampshire Food Bank and a registered USDA food...

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Friends Feeding Friends addresses food insecurity, nutritional well-being, and food waste across the Mascoma Valley region. As an agent of the New Hampshire Food Bank and a registered USDA food pantry serving Enfield and Canaan, NH, we operate three community-based pantry sites, including an in-school pantry at Mascoma Valley Regional High School, and provide supplemental food support to all four schools in the district. In 2025, we distributed over 117,000 pounds of food and personal care items, equating to approximately 97,500 meals for individuals and families facing food insecurity. Using an estimated value of $1.85 per pound, this represents more than $216,000 in direct food assistance delivered to our community. Our programs are designed to meet both immediate and long-term needs. We provide weekly access to two public pantries in Enfield and Canaan, distribute backpacks with food for students to take home, and ensure that households have access to a full week of supplemental food during school breaks. In partnership with the Mascoma Valley Ecumenical Council, we also coordinate annual Thanksgiving distributions for both school and community families. Additionally, through our participation in the NH Feeding NH initiative with the New Hampshire Food Bank, we are able to source fresh, locally grown produce-supporting both community health and local agriculture.

Program 2
Expenses: $30,590 Revenue: $0

The Scholarship program awards one-time scholarships to graduating seniors who are pursuing further education, whether through four-year, two-year, trade, technical, or certification schools, as well...

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The Scholarship program awards one-time scholarships to graduating seniors who are pursuing further education, whether through four-year, two-year, trade, technical, or certification schools, as well as offering past scholarship recipients the opportunity to renew scholarships if funding is available. Candidates must submit an application. The Board of Directors then evaluates the redacted applications and votes anonymously to award scholarships. Scholarships are presented in person on Senior Awards night. Friends of Mascoma awarded $20,000 in 2025 to 16 graduating seniors.

Program 3
Expenses: $26,859 Revenue: $0

In 2025, we will award five Mini-Grants of $1,000 each to support innovation across the Mascoma Valley Regional School District. Our Mini-Grant program is designed to empower teachers and staff to...

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In 2025, we will award five Mini-Grants of $1,000 each to support innovation across the Mascoma Valley Regional School District. Our Mini-Grant program is designed to empower teachers and staff to bring bold ideas and creative enrichment opportunities into the classroom-initiatives that fall outside the constraints of the annual school budget. These grants are not about replacing existing funding, but about expanding what's possible for our students. Funding supports projects in areas such as financial literacy, wildlife and environmental education, arts and music exposure, and STEM-based learning. Mini-Grants also help address critical budget shortfalls, ensuring that impactful programs and experiences are not lost due to limited resources. At its core, this program invests directly in educators-giving them the flexibility and support to create meaningful, engaging experiences that enhance student learning and broaden opportunity across the district.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $325,001
Program Service Revenue $0
Investment Income $8,539
Other Revenue $0
TOTAL REVENUE $333,540

Expense Breakdown

Grants Paid $32,449
Salaries & Benefits $117,106
Fundraising Expenses $18,070
Program Expenses $318,240
Other Expenses $229,285
TOTAL EXPENSES $378,840

Year-over-Year Comparison

2025 2024 Change
Revenue $333,540 $250,144 +0.3%
Expenses $378,840 $281,227 +0.3%
Net Income $-45,300 $-31,083 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$80,673
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Heidi Reynolds Executive Director end 9/2025 40
Officer
$59,135 $0 $59,135
Brian Bacci Executive Director eff 9/2025 40
Officer
$21,538 $0 $21,538
Bridget Labrie Board President 15.00
Officer Director
$0 $0 $0
Matthew Dow Board Vice President 2.00
Officer Director
$0 $0 $0
Daniel Kiley Treasurer 10.00
Officer Director
$0 $0 $0
Theresa Sabol Secretary 2.00
Officer Director
$0 $0 $0
Molly Finger Board Member eff 8/2025 5
Director
$0 $0 $0
Carol Cusick Board Member end 8/2025 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $333,540 $378,840 $389,655 $-45,300
2024 No data No data No data No data
2023 $351,739 $331,396 $473,427 $20,343
2022 $293,577 $265,578 $448,101 $27,999
2021 $333,255 $238,038 $420,014 $95,217
2020 $351,699 $235,618 $311,603 $116,081
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