Hurricane Island Foundation
- Assets
- $2.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 26
- Location
- Rockland, ME
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-3511908
Organization Overview
Hurricane Island Foundation is located in Rockland, ME. The organization was established in 2009. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Hurricane Island Foundation employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hurricane Island 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 12/2021, Hurricane Island Foundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 16.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE INTEGRATE SCIENCE EDUCATION,APPLIED RESEARCH AND LEADERSHIP DEVELOPMENT THROUGH ISLAND BASE PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONTINUES TO MAKE IMPROVEMENT AND RENOVATIONS TO THE EXISTING INFRASTRUCTURE ON THE ISLAND TO SUPPORT ITS SCIENTIFIC EDUCATIONAL PROGRAMMING AND RESEARCH, WHICH CURRENTLY HAS THE CAPACITY TO SUPPORT 60 PROGRAM PARTICIPANTS DAILY, INCLUDING HURRICANE ISLAND FOUNDATION EDUCATIONAL AND SUPPORT STAFF. THE ORGANIZATION DELIVERS PROGRAMMING FOR ALL AGES, INCLUDING PROFESSIONAL DEVELOPMENT TRAINING FOR EDUCATORS AND ADMINISTRATORS, SCIENCE AND LEADERSHIP PROGRAMS FOR MIDDLE AND HIGH SCHOOL STUDENTS AND OTHER CUSTOM PROGRAMMING FOR GROUPS AND ORGANIZATIONS. THE ORGANIZATION CONTINUES ITS SCIENTIFIC RESEARCH AND AQUACULTURE ON AND AROUND HURRICANE ISLAND AS A PART OF A FIELD RESEARCH STATION, BOTH FOR RESEARCH AND DATA COLLECTION PURPOSES, AS WELL AS TO ENGAGE AND INTEGRATE STUDENTS OF ALL AGES IN FIELD RESEARCH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Conover President | OfficerTrustee | 2 | $0 |
Barbara Van Gelder Vice President | OfficerTrustee | 3 | $0 |
Heather Deese Secretary | OfficerTrustee | 4 | $0 |
Patrick Jones Treasurer | OfficerTrustee | 4 | $0 |
Andrew Bendheim Director | Trustee | 1 | $0 |
Reed Bundy Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,432,706 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,432,706 |
| Total Program Service Revenue | $384,496 |
| Investment income | $471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$82 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,413 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,820,272 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,550 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,369 |
| Compensation of current officers, directors, key employees. | $12,921 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $589,083 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $78,634 |
| Payroll taxes | $57,231 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,717 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,082 |
| Travel | $92,323 |
| 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 | $62,974 |
| Insurance | $31,047 |
| All other expenses | $32,508 |
| Total functional expenses | $2,394,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $991,744 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,354,342 |
| Investments—publicly traded securities | $218,153 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,300 |
| Total assets | $2,589,539 |
| Accounts payable and accrued expenses | $313 |
| 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 | $311,006 |
| Other liabilities | $549 |
| Total liabilities | $311,868 |
| Net assets without donor restrictions | $1,555,368 |
| Net assets with donor restrictions | $722,303 |
| 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 | $2,589,539 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hurricane Island Foundation has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
The Murray Charitable Trust Portland, ME PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Ymca Alliance Of Maine Boothbay Harbor, ME | $858,962 | $3,334,346 |
Hurricane Island Foundation Rockland, ME | $2,589,539 | $2,820,272 |
Timanous Foundation South Portland, ME | $8,529,924 | $2,326,657 |
4 Leaf Lacrosse New England Hooksett, NH | $433,064 | $832,320 |
Tree Street Youth Inc Lewiston, ME | $4,002,831 | $1,476,944 |
Telling Room Portland, ME | $1,008,660 | $915,425 |
Hitters Count Inc Gorham, ME | $178,368 | $628,090 |
Oyster River Youth Association Madbury, NH | $490,758 | $376,563 |
Makin It Happen Coalition For Resilient Youth Inc Manchester, NH | $224,160 | $456,330 |
Apex Youth Connection Biddefrord, ME | $1,123,636 | $568,546 |
Maine Youth Alliance Belfast, ME | $113,521 | $413,922 |