Civic Intelligence

Educational Bureau

990 • Fiscal year 2023 • EIN 01-0227440

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 04, 2024

PO Box 7036Ocean Park, ME 04063-7036

(207) 899-5139

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.69x

Higher debt load relative to revenue than 84% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

83rd percentile

31%

Higher net margin than 83% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

10th percentile

-13%

Faster asset growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-31%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,430,970

Down $223,160 (-13%) from 2022

Net Assets

Down

$1,257,248

Down $210,534 (-14%) from 2022

Liabilities

Down

$173,722

Down $12,626 (-6.8%) from 2022

Revenue

Down

$253,579

Down $114,307 (-31%) from 2022

Expenses

Down

$173,727

Down $12,621 (-6.8%) from 2022

Net Income

Down

$79,852

Down $101,686 (-56%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2021: $1,247,589Liabilities 2021: $85,059Net Assets 2021: $1,162,5302021Assets 2022: $1,654,130Liabilities 2022: $186,348Net Assets 2022: $1,467,7822022Assets 2023: $1,430,970Liabilities 2023: $173,722Net Assets 2023: $1,257,2482023Assets 2024: $1,493,789Liabilities 2024: $277,468Net Assets 2024: $1,216,3212024Assets 2025: $1,497,554Liabilities 2025: $149,731Net Assets 2025: $1,347,8232025

Highlighted filing

2023

Assets$1,430,970
Liabilities$173,722
Net Assets$1,257,248

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2021: $1,080,982Expenses 2021: $108,250Net Income 2021: $972,7322021Revenue 2022: $367,886Expenses 2022: $186,348Net Income 2022: $181,5382022Revenue 2023: $253,579Expenses 2023: $173,727Net Income 2023: $79,8522023Revenue 2024: $174,693Expenses 2024: $215,620Net Income 2024: -$40,9272024Revenue 2025: $135,460Expenses 2025: $149,731Net Income 2025: -$14,2712025

Highlighted filing

2023

Revenue$253,579
Expenses$173,727
Net Income$79,852
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 4, 2024
Return Version
2023v4.0
Gross Receipts
$253,579
Mission and Program Overview

Mission

The mission of the Educational Bureau of Ocean Park is to promote and encourage the mental physical and spiritual culture of the Ocean Park community through works of a non-profit nature. The Bureau sponsors Bible School Theater Dance Camp Ecology Camp Art Camp and Beach Olympics.

The mission of the Educational Bureau of Ocean Park is to promote and encourage the mental physical and spiritual culture of the Ocean Park community through works of a non-profit nature,

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,094,000$1,094,000→ $0
Savings and Temporary Cash Investments$109,263$89,108▼ $20,155
Pledges and Grants Receivable$104,853$7,065▼ $97,788
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,654,130$1,430,970▼ $223,160
Other Assets Total$346,014$240,797▼ $105,217
Liabilities
Accounts Payable and Accrued Expenses$183,311$164,303▼ $19,008
Other Liabilities$3,037$9,419▲ $6,382
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$186,348$173,722▼ $12,626
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,467,782$1,257,248▼ $210,534
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,467,782$1,257,248▼ $210,534
Total Liabilities and Net Assets / Fund Balance$1,654,130$1,430,970▼ $223,160

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$314,000$314,000$314,000
Land$780,000-$78,000
Other Land Buildings$0$0$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Other Assets Org$144,624--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Beth KeenePresident
Dana HoweVice President
Debra AttallaHostess Curtis Guest House
Pat HagerSecretary
Sandra L KurkjyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,782
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$240,797
All Other Contributions
$6,215
Change in Net Assets
$79,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,019
Salaries, Compensation, and Employee Benefits$40,708
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$4,087$131,869$0$131,869
Other Salaries and Wages$0$30,000$0$30,000
Payroll Taxes$0$9,419$0$9,419
Other Employee Benefits$0$1,289$0$1,289
Advertising$0$1,000$0$1,000
Office Expenses$0$150$0$150
Total Functional Expenses$4,087$173,727$0$173,727
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

Governance Explanations

Part VI, Section B, Line 1

All members may vote on any issues brought before the membership if a vote is required. Passage must be by 2 3 majority.

Part VI, Line 6

The Bureau has members not stockholders.

Part VI, Line 7A

The members of our organization have voting rights regarding election of our Executive Board Officers and any amendments of our constitution as well any issue brought before the membership.

Part VI, Line 7B

Each member may bring any issue before the membership and the Executive Board to be discussed and if a vote is needed it must be a 2 3 majority vote to pass.

Part VI, Line 8A

All documentation of meetings and votes on any policies or amendments are taken by the Secretary of the organization. Members may request copies of meeting notes upon request. A full report is given to the membership at our Annual Meeting.

Part VI, Line 11A

A copy of form 990 is held by the President and the Treasurer of our organization. If any member requests a copy one will be provided for them.

Part VI, Line 11B

Copies of form 990 are only sent to members who request it.

Part VI, Line 19

Our record books documents and financial statements are available to any person or persons who ask to see them.

Filing and Contact Details

Filer

Filer Name
Educational Bureau
EIN
01-0227440
In Care Of
% Beth Keene
Phone
2078995139
Address
PO BOX 7036, OCEAN PARK, ME 04063-7036

Signing Officer

Name
Sandra L Kurkjy
Title
Treasurer
Signed
2024-03-04

Organization Details

Formed
1885
Legal Domicile
Me
Voting Board Members
195
Independent Board Members
195
Employees
1
Volunteers
195
Supplemental Narrative

Additional Explanations

Part IX, Line 24E

Miscellaneous expenses include electricity cable water cleaning staff misc. office supplies cleaning supplies for the hostess rugs shades bedspreads sheets property taxes misc. repairs. Plumbing electric painting etc.; children's program expenses.

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Dance Camp 1 week held in July and 1 week in August. Camp is for children 6 to 15 regardless whether they have prior dance experience. Children learn various dance moves from Broadway tunes and then put on a show for parents and friends and the end of the camp., $2400, $0, $-1480| Coffee and Cottage. Guests are invited to an Ocean Park cottage for refreshments and conversation with fellow Ocean Parkers as they walk through a charming cottage. Free will donations collected for children's programs., $0, $0, $205| July and August bazaars held on the Curtis lawn. Money is raised through patrons renting a table to sell their wares and the bake sale coffee and sweets and our barbeque lunch consisting of hamburgers hotdogs and egg salad., $0, $0, $3419|

Part XI, Line 9

| Description:, Explanation:, Amount:| The money raised was used to level the foundation of the Curtis Guest House as well as replacement of sewer line from the Curtis to the street; upgrade of electrical wiring in the Curtis., The Educational Bureau held a fundraiser for donations to our Save the Curtis Campaign in 2022.., $-290386|

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