Bowsprit Foundation
- Assets
- $381.3k
- Revenue
- $267.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Montville, ME
- Founding
- Data as of
- 12/2022
- EIN
- 84-2824905
Organization Overview
Bowsprit Foundation is located in Montville, ME. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Bowsprit Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATING OPPORTUNITIES FOR YOUTH-IN-NEED TO GAIN PRACTICAL-SKILLS EXPERIENCE IN AGRICULTURE, FORESTRY, FOOD PREPARATION, AND TRADITIONAL CRAFTS. INSPIRED BY RUDOLF STEINER'S PEDAGOGY, OUR PROGRAMS AIM TO ASSIST YOUNG ADULTS IN DEVELOPING SKILLS FOR INDEPENDENCE, A CAPACITY TO CONTRIBUTE TO THE COMMUNITY, AND A SENSE OF SELF-WORTH AND HOPEFULNESS FOR THEIR FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVER TWO YEARS OF PROGRAMMING, BOWSPRIT HAS PROVIDED THREE FULLY FUNDED PILOT PROGRAMS TO LOCAL YOUTH: SPRING, SUMMER, AND FALL. WE HAVE WORKED PRIMARILY WITH THE ECOLOGY LEARNING CENTER (CHARTER SCHOOL IN UNITY) TO PROVIDE OPPORTUNITIES FOR THEIR HS STUDENTS AS WELL AS FOR SOME OF THEIR BRIDGE PROGRAM STUDENTS TO PARTICIPATE IN THOSE TWO WEEK MODULES. OUR FIRST TWO STUDENTS CAME FROM THE REACH SCHOOL IN BUCKSPORT ME, AND ANOTHER OF OUR PARTICIPANTS WAS A YOUNG MAN FROM YARMOUTH ME WHO IS HIGH FUNCTIONING ON THE AUTISM SPECTRUM.
BOWSPRIT WORKED ON A REGULAR BASIS WITH STUDENTS FROM THE ECOLOGY LEARNING CENTER TO PROVIDE FURTHER OPPORTUNITIES THROUGH THEIR OWN COMMUNITY ENGAGEMENT PROGRAM. TO DATE: HAVING BUILT A MODEST TIMBER FRAME STRUCTURE AS COVER FOR THE COB OVEN, AND A DECK-BRIDGE OVER A WATER DITCH CONNECTING BARN TO FIELD; HAVING CONDUCTED GENERAL FARM CLEANUP (OLD FARM, NEW OWNERS); HAVING HARVESTED CROPS FROM THE BOWSPRIT GARDEN FOR SCHOOL CONSUMPTION, AND FOR DONATION TO THE UNITY FOOD PANTRY.
BOWSPRIT PROVIDED OPPORTUNITIES FOR STUDENTS/TEACHERS TO UTILIZE THE FARM TO STUDY ECOLOGY, AS WELL AS FOR RECREATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Brady Director | OfficerTrustee | 4 | $0 |
Graziella Cervi Executive Di | OfficerTrustee | 25 | $0 |
Jedediah Kriegel Director | Trustee | 4 | $0 |
Daniel Macphee Secretary | OfficerTrustee | 4 | $0 |
Frank Pitcher Chair | OfficerTrustee | 4 | $0 |
Holly Bartlett Weinberg Treasurer | OfficerTrustee | 4 | $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 | $267,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $267,684 |
| Total Program Service Revenue | $0 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $267,714 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,443 |
| Fees for services: Accounting | $1,044 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $703 |
| Office expenses | $1,380 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $882 |
| Travel | $0 |
| 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 | $1,300 |
| Insurance | $1,768 |
| All other expenses | $0 |
| Total functional expenses | $25,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,501 |
| Savings and temporary cash investments | $9,834 |
| 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 | $50,075 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $104,859 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,000 |
| Total assets | $381,269 |
| Accounts payable and accrued expenses | $8,294 |
| 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 | $8,294 |
| Net assets without donor restrictions | $372,975 |
| Net assets with donor restrictions | $0 |
| 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 | $381,269 |