Spring Point Ledge Light Trust
- Assets
- $74.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- S Portland, ME
- Founding
- 05/2004
- EIN
- 01-0523776
Organization Overview
Spring Point Ledge Light Trust is located in S Portland, ME. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Point Ledge Light Trust 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 undefined, Spring Point Ledge Light Trust generated $54.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 56.9% each year . All expenses for the organization totaled $23.4k during the year ending undefined. While expenses have increased by 46.6% per year over the past 2 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.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,746 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $39 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,620 |
| Statement of Expenses | |
|---|---|
| Total expenses | $23,435 |
| Balance Sheet | |
|---|---|
| Total assets | $74,466 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Spring Point Ledge Light Trust has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Davis Family Foundation Yarmouth, ME PURPOSE: Support for extensive interior and exterior repairs to the lighthouse, including repair of a water leak and the resulting water damage, and producing historically accurate replica windows. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wolfes Neck Farm Foundation Inc Freeport, ME | $12,188,100 | $5,656,149 |
Francis T & Louise T Nichols Foundation Bangor, ME | $18,153,366 | $3,236,435 |
Horizon Foundation Inc Portland, ME | $24,987,883 | $2,103,553 |
Burns Family Foundation Inc Damariscotta, ME | $7,389,840 | $428,121 |
Information Technology Exchange Searsport, ME | $1,439,216 | $1,322,404 |
Positive Tracks Inc Hanover, NH | $788,895 | $936,477 |
Land Conservation Assistance Network Yarmouth, ME | $35,022 | $631,077 |
Krempels Center Portsmouth, NH | $1,041,013 | $734,120 |
Watermans Community Center North Haven, ME | $3,096,274 | $570,258 |
Charitable Division Of The Rotary Club Of Portsmouth New Hampshire Portsmouth, NH | $3,205,504 | $502,112 |
Islesboro Islands Trust Islesboro, ME | $4,486,881 | $831,070 |
Hine Corporation Scarborough, ME | $1,274,954 | $334,482 |