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SARATOGA COUNTY FOUNDATION INC
SARATOGA SPRINGS, NY · EIN 161617074 · Form 990 · FY2024 · NTEE C50 · Environment · Small ($100K-$1M)
revenue
$343K
expenses
$375K
net assets
$97K
employees
0
volunteers
25
program ratio
97%
mission · from form 990

THE ORGANIZATION SUPPORTS A WIDE RANGE OF PROGRAMS OF BENEFIT TOEVERYONE WHO LIVES, WORKS, AND PLAYS IN SARATOGA COUNTY, NY.

profile · synthesized from sources

Saratoga County Foundation Inc supports community programs benefiting residents, workers, and visitors in Saratoga County, NY. The organization funds and operates initiatives in arts and culture, youth development, and local economic recovery, including events like Saratoga New Year's Fest and Giant Pumpkinfest. It also runs support programs for veterans and small businesses impacted by the pandemic.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $123K
    SARATOGA NEW YEAR'S FEST IS AN ANNUAL EVENT FOR THE COMMUNITY TO CELEBRATE THE NEW YEAR. IT FEATURES A FREE PUBLIC FIREWORKS SHOW AND MUSICAL ENTERTAINMENT AT A RANGE OF VENUES FROM THE CITY CENTER TO UNIVERSAL PRESERVATION HALL.
  2. #2 $52K
    HOLIDAY GIFTS FOR KIDS ENSURED THAT FUNDS WERE RAISED AND SPENT TO PROVIDE HOLIDAY GIFT CARDS FOR OLDER-CHILDREN SERVED BY AREA COMMUNITY AGENCIES ACROSS SARATOGA COUNTY.
named programs · 5 · from sources

What they call their work

Holiday Gifts for Kids
Raises and spends funds to provide holiday gift cards for older children served by community agencies across Saratoga County.
Saratoga Giant Pumpkinfest
Annual fall festival featuring entertainment, vendors, and a competition for giant pumpkins grown at local and regional farms.
Saratoga New Year's Fest
Annual community event featuring a free public fireworks show and musical entertainment at multiple venues in Saratoga County.
Save Our Locals
Program to promote and support local nonprofit organizations and small businesses affected by the COVID-19 pandemic.
Veterans Business Council
Provides programs to help local veterans access jobs, start businesses, and secure benefits and support services.
activities · 5 groups

What they do

  • Community Festival & Event Production 2 activities
    • Hosting annual fall festival with community engagement and agricultural showcase
      Hosts an annual festival celebrating the fall season with entertainment, vendors, and a giant pumpkin weighing event featuring produce from local and regional farms, promoting community participation and local agriculture.
    • Organizing annual community fireworks and musical entertainment event
      Organizes an annual community event featuring a free public fireworks show and musical entertainment across multiple venues in Saratoga County.
  • Disaster Relief and Recovery Services 1 activity
    • Administering the Save Our Locals initiative for pandemic relief
      Supported local nonprofits and small businesses affected by the COVID-19 pandemic through the Save Our Locals initiative, providing targeted assistance during periods of economic disruption.
  • Holiday and Seasonal Essentials Distribution 1 activity
    • Distributing holiday gift cards to older children served by community agencies
      Provided holiday gift cards for older children served by community agencies across Saratoga County, focusing on underserved youth populations during seasonal giving periods.
  • Regional Economic Development Initiatives 1 activity
    • Promoting local economic support through local business advocacy
      Encouraged community members to support local businesses by promoting the purchase of local goods and services, strengthening regional economic resilience.
  • Veteran Benefits and Reintegration Support 1 activity
    • Supporting veteran employment and entrepreneurship programs
      Supported programs that help local veterans access employment, start businesses, and secure benefits through collaboration with the Veterans Business Council.
financials · form 990 · fy2024
revenue
Total revenue$343K
Contributions & grants$341K99%
Program service revenue$00%
Investment income$330%
Other revenue$2K
expenses
Total expenses$375K
Program expenses97%
Admin / overhead3%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$121K
Cash$121K
Investments$0
Liabilities$24K
Net assets$97K
Liquid reserves3.9 mo
4 years on record · 2020–2024 · YoY revenue +24.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
TODD SHIMKUS CHAMBER PRESIDENT 1 $241K
board members · 3
  • MELISSA JOHNSON — BOARD MEMBER
  • NIL GHOSHAL — BOARD MEMBER
  • RANDY METEVIER — BOARD MEMBER
relationships · 3

Who they work with

  • Adirondack Trust Company Community Fund Partner — Received funding through ticket sales for chances to win Saratoga track memorabilia donated by NYRA.
  • NYRA Partner — Donated Saratoga track memorabilia used in fundraising raffles to support the Adirondack Trust Company Community Fund.
  • Universal Preservation Hall Partner — Venue partner for the Saratoga New Year's Fest, hosting musical entertainment as part of the annual celebration.