Maine Timber Research And Environmental Education Foundation
- Assets
- $4.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 5
- Location
- Augusta, ME
- Founding
- 04/1990
- Data as of
- 12/2023
- EIN
- 01-0453264
Organization Overview
Maine Timber Research And Environmental Education Foundation is located in Augusta, ME. The organization was established in 1990. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2023, Maine Timber Research And Environmental Education Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Timber Research And Environmental Education Foundation 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 12/2023, Maine Timber Research And Environmental Education Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $679.6k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO EDUCATE AND ADVOCATE FOR THE SUSTAINABLE USE OF THE FOREST AND THE ECOLOGICAL, ECONOMIC, AND SOCIAL HEALTH OF MAINES FOREST COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT LEARNING TREE: THE MAINE TREE FOUNDATION SPONSORS AND SUPPORTS THE SUSTAINABLE FORESTRY INITIATIVE'S NATIONAL PROJECT LEARNING TREE PROGRAM IN MAINE. THE CURRICULUM IS DESIGNED TO PROVIDE SCHOOL SCHILDREN IN GRADES KINDERGARTEN THROUGH TWELVE WITH AWARENESS, KNOWLEDGE AND SKILLS RELATED TO MAINE'S NATURAL RESOURCES, PRIMARILY THE FOREST. WE CONTINUE TO OFFER WORKSHOPS TO EDUCATORS TO INCREASE THE NUMBER OF PLT FACILITATORS THAT ARE ABLE TO OFFER PLT WORKSHOPS. IN 2023, WE OFFERED MANY WORKSHOPS AND JOB FAIRS TO INTRODUCE STUDENTS TO THE OPPORTUNITIES OF JOBS IN THE MAINE FOREST.
CLP PROVIDES TRAINING AND EDUCATIONAL OPPORTUNITIES TO MAINE LOGGERS. THE PROGRAM IS COMMITTED TO RECOGNIZING THE SKILL AND PROFESSIONALISM OF THOSE WHO MEET AND EXCEED OUR STANDARDS. IN 2023, THE CLP PROGRAM BEGAN UNDERGOING SOME CHANGES TO IMPROVE AND UPDATE THE CURRICULUM TO INCREASE PARTICIPATION AND CONTINUE TO GROW THE PROGRAM. A SUB COMMITTEE WAS FORMED TO HELP WORK ON THIS LARGE PROJECT.
TEACHERS' TOURS (LONG-TERM EDUCATION ABOUT FORESTS PROGRAM) IS DESIGNED TO INCREASE PUBLIC UNDERSTANDING OF AN APPRECIATION FOR MAINE'S 17 MILLION ACRES OF FOREST. TEACHERS' TOURS ENCOURAGE RECOGNITION OF AND RESPECT FOR ALL FOREST VALUES, INCLUDING WOOD, RECREATION, WILDLIFE, AESTHETICS, SOIL AND WATER QUALITY, AND BIODIVERSITY OF PLANT AND ANIMAL SPECIES THROUGH SUCH PROGRAMS AS TEACHERS' TOURS, OUTDOOR CLASSROOMS AND SCHOOL FORESTS, ASSISTANCE TO SMALL LANDOWNERS, COLLABORATION WITH OTHER GROUPS TO PROVIDE ACCURATE INFORMATION ABOUT THE FOREST WITH A MONTHLY ELECTRONIC NEWSLETTER AND PROVIDING OUTREACH ON FOREST BIOPRODUCTS RESEARCH TO EDUCATORS AND THE GENERAL PUBLIC. IN 2023, WE CONTINUE TO INCREASE OUR PARTICIPANTS TO HELP INCREASE THEIR UNDERSTANDING OF MAINE'S FOREST RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Logan Johnson Executive Director | 40 | $83,182 | |
Jonathan Pottle President | OfficerTrustee | 1 | $0 |
Elizabeth Cushman Secretary | OfficerTrustee | 0.23 | $0 |
Charles Hall Director | Trustee | 0.23 | $0 |
Alexander Ingraham Director | Trustee | 0.23 | $0 |
Keith Kanoti Director | Trustee | 0.23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $428,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $443,043 |
| Total Program Service Revenue | $134,012 |
| Investment income | $92,115 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,031,421 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,722,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,083 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,183 |
| Compensation of current officers, directors, key employees. | $20,383 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,344 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,339 |
| Payroll taxes | $20,550 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,746 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,288 |
| Fees for services: Investment Management | $14,336 |
| Fees for services: Other | $159,995 |
| Advertising and promotion | $0 |
| Office expenses | $3,186 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $56,695 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,475 |
| Insurance | $8,955 |
| All other expenses | $24,252 |
| Total functional expenses | $679,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,580 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $82,247 |
| Accounts receivable, net | $7,200 |
| 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 | $3,719 |
| Net Land, buildings, and equipment | $398,211 |
| Investments—publicly traded securities | $4,012,783 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,713,740 |
| Accounts payable and accrued expenses | $12,208 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,208 |
| Net assets without donor restrictions | $1,098,350 |
| Net assets with donor restrictions | $3,603,182 |
| 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 | $4,713,740 |
Grants Awarded
Over the last fiscal year, Maine Timber Research And Environmental Education Foundation has awarded $131,023 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MAINE PURPOSE: To perform ecological study on land | $111,805 |
KEEPING MAINE FORESTS PURPOSE: National conference on conserving natural resources | $19,218 |