Civic Intelligence

Trefethen Evergreen Improvement

EIN 01-0173095 • 501(c)7 • Peaks Island, ME

Pub. 78 Eligible

Profile

The Association supports the Peaks Island community by offering facilities and programs for people of all ages (i) in sailing, boating, water safety, racquet sports, youth camps, performing and visual arts, (ii) in educational programs on history, current affairs, literary, art, music, cultural and other topics of interest, and (iii) in activities offered by other qualifying tax-exempt non-profit organizations.

PO Box 87Peaks Island, ME 04108

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.06x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

65th percentile

0.13x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2025

Net Margin

90th percentile

35%

Higher net margin than 90% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $500k-$1M nonprofits • Source year 2025

Asset Growth

88th percentile

27%

Faster asset growth than 88% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

89th percentile

37%

Faster revenue growth than 89% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$940,532

Up $201,201 (+27%) from 2024

Liabilities

Up

$59,719

Up $56,450 (+1727%) from 2024

Net Assets

Up

$880,813

Up $144,751 (+20%) from 2024

Revenue

Up

$466,449

Up $126,565 (+37%) from 2024

Expenses

Up

$300,943

Up $3,917 (+1.3%) from 2024

Net Income

Up

$165,506

Up $122,648 (+286%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $200,574Liabilities 2011: $0Net Assets 2011: $200,5742011Assets 2012: $257,739Liabilities 2012: $0Net Assets 2012: $257,7392012Assets 2013: $260,462Liabilities 2013: $0Net Assets 2013: $260,4622013Assets 2014: $299,191Liabilities 2014: $0Net Assets 2014: $299,1912014Assets 2015: $294,271Liabilities 2015: $0Net Assets 2015: $294,2712015Assets 2016: $321,861Liabilities 2016: $0Net Assets 2016: $321,8612016Assets 2017: $377,248Liabilities 2017: $0Net Assets 2017: $377,2482017Assets 2018: $441,676Liabilities 2018: $0Net Assets 2018: $441,6762018Assets 2019: $484,005Liabilities 2019: $0Net Assets 2019: $484,0052019Assets 2020: $484,822Liabilities 2020: $56,102Net Assets 2020: $428,7202020Assets 2021: $603,888Liabilities 2021: $59,167Net Assets 2021: $544,7212021Assets 2022: $614,885Liabilities 2022: $6,810Net Assets 2022: $608,0752022Assets 2023: $670,535Liabilities 2023: $4,049Net Assets 2023: $666,4862023Assets 2024: $739,331Liabilities 2024: $3,269Net Assets 2024: $736,0622024Assets 2025: $940,532Liabilities 2025: $59,719Net Assets 2025: $880,8132025

Highlighted filing

2025

Assets$940,532
Liabilities$59,719
Net Assets$880,813

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $269,593Expenses 2011: $311,130Net Income 2011: -$41,5372011Revenue 2012: $206,148Expenses 2012: $152,263Net Income 2012: $53,8852012Revenue 2013: $178,137Expenses 2013: $181,123Net Income 2013: -$2,9862013Revenue 2014: $210,281Expenses 2014: $172,166Net Income 2014: $38,1152014Revenue 2015: $189,182Expenses 2015: $183,670Net Income 2015: $5,5122015Revenue 2016: $213,014Expenses 2016: $199,822Net Income 2016: $13,1922016Revenue 2017: $242,065Expenses 2017: $199,568Net Income 2017: $42,4972017Revenue 2018: $254,236Expenses 2018: $190,760Net Income 2018: $63,4762018Revenue 2019: $242,971Expenses 2019: $205,718Net Income 2019: $37,2532019Revenue 2020: $144,930Expenses 2020: $188,411Net Income 2020: -$43,4812020Revenue 2021: $331,800Expenses 2021: $245,443Net Income 2021: $86,3572021Revenue 2022: $346,651Expenses 2022: $245,313Net Income 2022: $101,3382022Revenue 2023: $311,589Expenses 2023: $264,649Net Income 2023: $46,9402023Revenue 2024: $339,884Expenses 2024: $297,026Net Income 2024: $42,8582024Revenue 2025: $466,449Expenses 2025: $300,943Net Income 2025: $165,5062025

Highlighted filing

2025

Revenue$466,449
Expenses$300,943
Net Income$165,506

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.41$0.60$8.81$4.66$3.01$1.66
2024Detailed filing. Detailed filing data is available for this year.$7.39$0.03$7.36$3.40$2.97$0.43
2023Detailed filing. Detailed filing data is available for this year.$6.71$0.04$6.66$3.12$2.65$0.47
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.15$0.07$6.08$3.47$2.45$1.01
2021Detailed filing. Detailed filing data is available for this year.$6.04$0.59$5.45$3.32$2.45$0.86
2020Detailed filing. Detailed filing data is available for this year.$4.85$0.56$4.29$1.45$1.88$0.43
2019Summary only. Only limited summary data is available for this year.$4.84$0.00$4.84$2.43$2.06$0.37
2018Summary only. Only limited summary data is available for this year.$4.42$0.00$4.42$2.54$1.91$0.63
2017Summary only. Only limited summary data is available for this year.$3.77$0.00$3.77$2.42$2.00$0.42
2016Summary only. Only limited summary data is available for this year.$3.22$0.00$3.22$2.13$2.00$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$1.89$1.84$0.06
2014Summary only. Only limited summary data is available for this year.$2.99$0.00$2.99$2.10$1.72$0.38
2013Summary only. Only limited summary data is available for this year.$2.60$0.00$2.60$1.78$1.81$0.03
2012Summary only. Only limited summary data is available for this year.$2.58$0.00$2.58$2.06$1.52$0.54
2011Summary only. Only limited summary data is available for this year.$2.01$0.00$2.01$2.70$3.11$0.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 12, 2026
Return Version
2024v5.2
Gross Receipts
$563,062
Mission and Program Overview

Mission

The Association supports the Peaks Island community by offering facilities and programs for people of all ages (i) in sailing, boating, water safety, racquet sports, youth camps, performing and visual arts, (ii) in educational programs on history, current affairs, literary, art, music, cultural and other topics of interest, and (iii) in activities offered by other qualifying tax-exempt non-profit organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$736,062$880,813▲ $144,751
Land, Buildings, and Equipment, Net$305,586$449,059▲ $143,473
Cash and Non-Interest-Bearing Accounts$74,948$248,578▲ $173,630
Investments in Publicly Traded Securities$224,347$147,764▼ $76,583
Savings and Temporary Cash Investments$124,122$86,740▼ $37,382
Accounts Receivable$10,328$8,391▼ $1,937
Total Assets$739,331$940,532▲ $201,201
Liabilities
Other Liabilities$3,269$58,669▲ $55,400
Accounts Payable and Accrued Expenses$0$1,050▲ $1,050
Total Liabilities$3,269$59,719▲ $56,450
Net Assets / Fund Balance
Total Net Assets Fund Balance$736,062$880,813▲ $144,751
Total Liabilities and Net Assets / Fund Balance$739,331$940,532▲ $201,201

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$449,059$357,594$806,653
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Molly Honan DiLorenzoDirector & Chairperson
Grace MacLeodDirector & Vice-Chairperson
Basil KlosteridisDirector
Chris Harper-FaheyDirector
Dorothy SchroederDirector
Fred SomersDirector
Jeff MarksDirector
Julia NordDirector
Mark MillarDirector
Matthew HennesseyDirector
Maureen HallDirector
Meredith BellDirector
Paul CastleDirector
Rick WhaleyDirector
Rob MehargDirector
Tom DaleyDirector
Chris BellDirector & Secretary
David HaysDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$145,861
Program Service Revenue
$177,012
Investment Income
$34,916
Other Revenue
$108,660
All Other Contributions
$14,420
Change in Net Assets
$165,506
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,758
Salaries, Compensation, and Employee Benefits$111,185
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,380$0$0$100,380
Occupancy$50,336$5,593$0$55,929
Depreciation Depletion$37,045$0$0$37,045
Insurance$27,146$3,016$0$30,162
All Other Expenses$11,048$10,168$0$21,216
Payroll Taxes$10,805$0$0$10,805
Advertising$5,099$0$0$5,099
Other Expenses$392$0$0$392
Total Functional Expenses$276,474$24,469$0$300,943
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,056
Fundraising Direct Expenses$23,211
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SBA Loan$55,400
Exchange$2,969
Club Rental Deposits$300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Trefethen-Evergreen Improvement Association
EIN
01-0173095
Phone
2073185759
Address
PO Box 87, Peaks Island, ME 04108

Signing Officer

Name
David Hays
Title
Treasurer
Phone
2073185759
Signed
2026-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hays
Formed
1914
Legal Domicile
Me
Voting Board Members
18
Independent Board Members
18
Employees
22
Volunteers
60

Preparer

Firm
Johnson & Company CPA Pc
Address
180 US ROUTE ONE, SCARBOROUGH, ME 04074
Preparer
Glenn P Johnson CPA
Phone
2075106633
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Members pay dues to join the organization.

Pt VI, Line 7A

Members elect one-third of the board each year at the annual meeting - directors serve for three year terms.

Pt VI, Line 8B

Formal minutes are maintained for all Board of Governors meetings but not by the operating committees.

Pt VI, Line 11B

The filing is prepared by the Treasurer and Assistant Treasurer and reviewed by the Executive Committee of the Board of Governors during the off-season.

Pt VI, Line 19

Financial statements are presented to the membership at the annual meeting.

Pt VI, Line 2

Two of the directors are husband and wife.

Pt VI, Line 4

The organization changed their bylaws and articles of incorporation.

Pt VI, Line 12C

The Governance Committee of the TEIA Board of Governors will send out and collect all signed Conflict of Interest statements annually and will review signed statements for accuracy. Should a conflict occur, the Governance Committee will discuss the conflict with said board member and if needed, will bring any conflicts to the leadership and/or the Executive Committee for resolution.

Pt VI, Line 15B

We review local salary data for compensation consideration for similar positions.

Form 990, Part III, Line 4D

We run a youth day camp and various junior activities for members children. 187430. 0. 126545.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director & Chairperson
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
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IRS990/MissionDesc0The Association supports the Peaks Island community by offering facilities and programs for people of all ages (i) in sailing, boating, water safety, racquet sports, youth camps, performing and visual arts, (ii) in educational programs on history, current affairs, literary, art, music, cultural and other topics of interest, and (iii) in activities offered by other qualifying tax-exempt non-profit organizations.
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IRS990/PrincipalOfficerNm0David Hays
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IRS990/ProgramServiceRevenueGrp/Desc0Youth Programs
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IRS990/ProgramServiceRevenueGrp/Desc2Sailing Income
IRS990/ProgramServiceRevenueGrp/Desc3Boating/Docking Income
IRS990/ProgramServiceRevenueGrp/Desc4Pickleball Income
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IRS990/ProgSrvcAccomActy2Grp/Desc0Over 160 adults and youth participated in tennis including instructional lessons by coaches; open play and tournaments.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0We run a youth day camp and various junior activities for members children.
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