Maine Ocean School Foundation
- Assets
- $17.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Searsport, ME
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-3829496
Organization Overview
Maine Ocean School Foundation is located in Searsport, ME. The organization was established in 2017. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Ocean School 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, Maine Ocean School Foundation generated $49.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 54.6% each year . All expenses for the organization totaled $35.7k during the year ending 12/2021. While expenses have increased by 60.8% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUMMER SCHOOL PROGRAM OCEAN STUDIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Haley Chairman Of The Board | 8 | $0 | |
William P Shideleff Treasurer | 8 | $0 | |
Monet Brazier Board Member | 8 | $0 | |
Doris Cowell Secretary | 8 | $0 | |
Veronica Magnan Board Member | 4 | $0 | |
James Gillway Board Member | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,160 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,160 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,735 |
| Total expenses | $35,735 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,821 |
| Other assets | $0 |
| Total assets | $17,243 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,243 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maine Ocean School Foundation has recieved totaling $5,700.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Center Ventures Orono, ME | $2,948,482 | $3,531,786 |
Northern Maine Community College Foundation Presque Isle, ME | $4,209,666 | $599,029 |
Wells Public Library Foundation Inc Wells, ME | $16,968 | $76,245 |
University Of Maine School Of Law Foundation Portland, ME | $6,829,939 | $929,272 |
Founders Academy Foundation Manchester, NH | $5,624,673 | $768,570 |
Southern Maine Community College Foundation South Portland, ME | $3,768,050 | $1,245,786 |
Camden Public Library Fund Camden, ME | $1,679,359 | $603,187 |
Friends Of The Weeks Public Library Greenland, NH | $101,158 | $27,678 |
Kennebec Valley Community College Foundation Fairfield, ME | $5,554,302 | $699,650 |
Concord Christain Academy Giving & Going Alliance Concord, NH | $291,148 | $254,410 |
Friends Of Portland Adult Education Portland, ME | $462,146 | $328,136 |
Strong Foundations Elementary School Inc Pembroke, NH | $6,115,891 | $315,445 |