Kismet Rock Foundation

Tax-deductible

North Conway, NH501(c)(3)EducationEIN 02-0516308Revenue $344K in FY2025

On file with the IRSkismetrockfoundation.orgPo Box 1744, 03860-1744 · North Conway, NHTax-exempt since Sep 2000Publicly supported charity — 170(b)(1)(A)(vi)

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Providing no-cost challenging recreational outdoor opportunities for at-risk youth.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 10 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $98K a year · 31% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
21 mo
of spending, in cash
Looks good: 20.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $448K
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$90
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$344K
-6% vs prior year
Spent
$259K
To programs
85%
Net assets
$449K
By yearFY2020–FY2025
Revenue
$344K
FY2025▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$120K
FY2021$161K
FY2022$196K
FY2023$256K
FY2024$365K
FY2025$344K
Expenses
$259K
FY2025▲ +36%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023$220K
FY2024$191K
FY2025$259K
Net assets
$449K
FY2025▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$104K
FY2021$148K
FY2022$154K
FY2023$190K
FY2024$364K
FY2025$449K

From the FY2025 Form 990 (year ending August 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $220K Management & general 11% · $30K Fundraising 4% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Ara Morton’s $5K as Executive Director is at the 4th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Kismet Rock Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers free, challenging outdoor adventures to at-risk youth.

Provided by the organization

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1 program · $220K · in their own filed words · FY2024
01

The foundation provides courses in rock climbing and mountaineering to economically disadvantaged children from urban and rural areas at no cost which exposes them to these outdoor activities that they would otherwise not be able to participate in.

$220Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 15 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$344K
Ln 12
Gifts and grantsLn 1h$325K
Other incomeLn 4–11$11K
Investment incomeLn 3$7K
Money outPt IX
$259K
Ln 25
Programscol B$220K
Managementcol C$30K
Fundraisingcol D$10K
Owns and owesPt X
$449K
net assets · Ln 32
Cash and savingsLn 1–2$449K
Total assetsLn 16$449K
LiabilitiesLn 26$90
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$325K
Investment incomeLn 3$7K
Other incomeLn 4–11$11K
Total revenueLn 12$344K
Assets in detailPt X, end of year
CashLn 1$201K
SavingsLn 2$248K
Cash and savings togetherLn 1–2$449K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$449K
LiabilitiesLn 26$90
Net assetsLn 32$449K
OperationsPt I, VI
EmployeesI 511
VolunteersI 610
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$364K$449K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$364K$449K
LiabilitiesLn 26$0$90
Net assetsLn 32$364K$449K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$163K$136K$18K$9K
Payroll taxesLn 10$12K$10K$1K$742
Accounting feesLn 11c$900$900
Office expensesLn 13$9K$5K$5K
InsuranceLn 23$23K$22K$1K
Other expenses (24a–d)Ln 24$48K$46K$2K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$259K$220K$30K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $344K$259K$85K$449K 990 PDF
FY2024 $365K$191K$174K$364K 990 PDF
FY2023 $256K$220K$36K$190K 990 PDF
FY2022 $196K$154K 990 PDF
FY2021 $161K$148K 990 PDF
FY2020 $120K$104K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $343,967 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $349,984$325,326
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $888$7,330
I-11 Other revenuePrior year $14,479$11,311
I-12 Total revenuePrior year $365,351$343,967
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $121,775$175,701
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $69,399$83,630
I-18 Total expensesPrior year $191,174$259,331
I-19 Revenue less expensesPrior year $174,177$84,636
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $343,967 across 5 lines filed
VIII-1f All other contributions, gifts and grants$325,326
VIII-1h Total contributions, gifts and grants$325,326
VIII-3 Investment incomeExcluded from tax $7,330$7,330
VIII-8 Net income from fundraising eventsExcluded from tax $11,311$11,311
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $18,641$343,967
Part IX · Statement of functional expenses $259,331 across 7 lines filed
IX-7 Other salaries and wagesPrograms $136,495 · Management $17,500 · Fundraising $9,333$163,328
IX-10 Payroll taxesPrograms $10,270 · Management $1,361 · Fundraising $742$12,373
IX-11c Accounting feesManagement $900$900
IX-13 Office expensesPrograms $4,719 · Management $4,719$9,438
IX-23 InsurancePrograms $21,924 · Management $1,395$23,319
IX-24 Other expenses (24a–d)Programs $46,115 · Management $2,333$48,448
IX-24e All other expensesManagement $1,525$1,525
IX-25 Total functional expensesPrograms $219,523 · Management $29,733 · Fundraising $10,075$259,331
Part X · Balance sheet $448,739 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $123,125$200,520
X-2 Savings and temporary cash investmentsStart of year $240,888$248,219
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $364,013$448,739
X-25 Other liabilitiesStart of year $0$90
X-26 Total liabilitiesStart of year $0$90
X-32 Total net assets or fund balancesStart of year $364,013$448,649
X-33 Total liabilities and net assetsStart of year $364,013$448,739
Part XI · Reconciliation of net assets $448,649 net assets at year end
XI-1 Total revenue$343,967
XI-2 Total expenses$259,331
XI-3 Revenue less expenses$84,636
XI-4 Net assets at start of year$364,013
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$448,649

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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