Maine Academy Of Natural Sciences
- Assets
- $1.7m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 52
- Location
- Hinckley, ME
- Founding
- 07/2013
- Data as of
- 06/2022
- EIN
- 45-5132214
Organization Overview
Maine Academy Of Natural Sciences is located in Hinckley, ME. The organization was established in 2013. 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 06/2022, Maine Academy Of Natural Sciences employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Academy Of Natural Sciences 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 06/2022, Maine Academy Of Natural Sciences generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 10.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHARTER SCHOOL PROVIDING SERVICES TO CHILDREN RANGING IN AGE FROM 14 TO 18.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARTER SCHOOL OFFERING PROJECT-BASED, STUDENT-CENTERED INSTRUCTION IMMERSED IN THE NATURAL SCIENCES OF MAINE WITH A FOCUS ON AGRICULTURE, FORESTRY AND THE ENVIRONMENT TO CHILDREN AGES 14 TO 18. THE SCHOOL SERVED 187 STUDENTS FOR THE 2021-2022 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Bulmer Chair | OfficerTrustee | 1 | $0 |
Scott Byrd Vice Chair | OfficerTrustee | 1 | $0 |
Cheryl Mercier Secretary | OfficerTrustee | 1 | $0 |
Sally Beaulieu Board Member | Trustee | 1 | $0 |
Dana Doran Board Member | Trustee | 1 | $0 |
Martha Harris Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $530,371 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,576 |
| Noncash contributions included in lines 1a–1f | $6,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $600,947 |
| Total Program Service Revenue | $2,232,446 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,820 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,840,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $101,261 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,438,276 |
| Pension plan accruals and contributions | $137,148 |
| Other employee benefits | $300,897 |
| Payroll taxes | $41,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,605 |
| Fees for services: Accounting | $20,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $255,021 |
| Advertising and promotion | $5,580 |
| Office expenses | $51,625 |
| Information technology | $16,521 |
| Royalties | $0 |
| Occupancy | $254,901 |
| Travel | $94,053 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,543 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,024 |
| Insurance | $24,760 |
| All other expenses | $0 |
| Total functional expenses | $3,036,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,051,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $131,352 |
| Accounts receivable, net | $4,718 |
| 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 | $3,185 |
| Net Land, buildings, and equipment | $522,473 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,713,335 |
| Accounts payable and accrued expenses | $113,749 |
| Grants payable | $0 |
| Deferred revenue | $164,222 |
| 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 | $174,644 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $452,615 |
| Net assets without donor restrictions | $647,680 |
| Net assets with donor restrictions | $613,040 |
| 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 | $1,713,335 |