Maine Secondary School Principals Association
- Assets
- $1.6m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Augusta, ME
- Founding
- 06/1972
- Data as of
- 06/2023
- EIN
- 01-0241055
Organization Overview
Maine Secondary School Principals Association is located in Augusta, ME. The organization was established in 1972. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Maine Secondary School Principals Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Secondary School Principals Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Maine Secondary School Principals Association generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.3m during the year ending 06/2023. While expenses have increased by 0.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSURE A QUALITY EDUCATION FOR ALL STUDENTS, THE MAINE PRINCIPALS' ASSOCIATION WILL PROMOTE THE PRINCIPALSHIP, SUPPORT PRINCIPALS AS EDUCATIONAL LEADERS, AND PROMOTE AND ADMINISTER INTERSCHOLASTIC ACTIVITIES IN GRADES 9-12.
Describe the Organization's Program Activity:
PROFESSIONAL DIVISION - PROFESSIONAL ORGANIZATION SERVING MORE THAN 800 ELEMENTARY, MIDDLE SCHOOL, AND HIGH SCHOOL PRINCIPALS, TECHNOLOGY CENTER DIRECTORS, AND ASSISTANT PRINCIPALS THROUGHOUT THE STATE OF MAINE. WITH A FOCUS ON ASSURING QUALITY EDUCATION FOR ALL STUDENTS, THE FIRST TWO GOALS IN THE MPA'S MISSION STATEMENT ARE: 1) TO PROMOTE PRINCIPALSHIP; AND 2) TO SUPPORT PRINCIPALS AS EDUCATIONAL LEADERS.
INTERSCHOLASTIC DIVISION - TO PROMOTE, ORGANIZE, AND REGULATE INTERSCHOLASTIC ACTIVITIES IN THE STATE OF MAINE. THE MPA CURRENTLY SPONSORS INVITATIONAL CHAMPIONSHIP COMPETITION IN 18 DIFFERENT INTERSCHOLASTIC ACTIVITIES FOR THE YOUNG MEN AND 19 DIFFERENT INTERSCHOLASTIC ACTIVITIES FOR YOUNG WOMEN IN MAINE'S HIGH SCHOOLS. ALL PUBLIC HIGH SCHOOLS AND A NUMBER OF PRIVATE SCHOOLS ARE MPA MEMBERS; THEY CURRENTLY TOTAL 151.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Blair Co-Executive Director | Officer | 40 | $100,227 |
Mike Burnham Co-Exec Dir/treas/sec | Officer | 40 | $110,409 |
Mary Nadeau President | OfficerTrustee | 0 | $0 |
Kim Liscomb President-Elect | OfficerTrustee | 0 | $0 |
Jim Hand Director | Trustee | 0 | $0 |
Jennifer Mcgee Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $339,212 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,338 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,550 |
| Total Program Service Revenue | $1,760,600 |
| Investment income | $22,964 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $48,498 |
| Net Gain/Loss on Asset Sales | $85,405 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $54,236 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,479,239 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $286,148 |
| Compensation of current officers, directors, key employees. | $35,181 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $243,703 |
| Pension plan accruals and contributions | $118,203 |
| Other employee benefits | $69,518 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,714 |
| Fees for services: Accounting | $26,521 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,924 |
| Fees for services: Other | $27,774 |
| Advertising and promotion | $0 |
| Office expenses | $12,616 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,638 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $275,453 |
| Interest | $7,619 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,864 |
| Insurance | $42,696 |
| All other expenses | $8,528 |
| Total functional expenses | $2,317,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $514,362 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,246 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,829 |
| Net Land, buildings, and equipment | $434,140 |
| Investments—publicly traded securities | $568,220 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,598,797 |
| Accounts payable and accrued expenses | $137,608 |
| Grants payable | $0 |
| Deferred revenue | $8,680 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $157,285 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $169,040 |
| Total liabilities | $472,613 |
| Net assets without donor restrictions | $996,525 |
| Net assets with donor restrictions | $129,659 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,598,797 |