Civic Intelligence

Erskine Academy

990 • Fiscal year 2014 • EIN 01-0245261

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 09, 2014

309 Windsor RoadChina, ME 04358

(207) 445-2962

Siviq Scores

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

Liabilities / Assets

46th percentile

0.15x

Higher debt load relative to assets than 46% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

51st percentile

0.20x

Higher debt load relative to revenue than 51% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

61st percentile

6.3%

Higher net margin than 61% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

54th percentile

3.7%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

37th percentile

0.0%

Faster revenue growth than 37% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$9,379,761

Up $336,322 (+3.7%) from 2013

Net Assets

Up

$7,955,625

Up $453,428 (+6.0%) from 2013

Liabilities

Down

$1,424,136

Down $117,106 (-7.6%) from 2013

Revenue

Up

$7,155,858

Up $1,424 (+0.0%) from 2013

Expenses

Up

$6,702,441

Up $32,888 (+0.5%) from 2013

Net Income

Down

$453,417

Down $31,464 (-6.5%) from 2013

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $8,323,920Liabilities 2011: $1,546,121Net Assets 2011: $6,777,7992011Assets 2012: $8,587,622Liabilities 2012: $1,570,306Net Assets 2012: $7,017,3162012Assets 2013: $9,043,439Liabilities 2013: $1,541,242Net Assets 2013: $7,502,1972013Assets 2014: $9,379,761Liabilities 2014: $1,424,136Net Assets 2014: $7,955,6252014Assets 2015: $9,676,904Liabilities 2015: $1,411,160Net Assets 2015: $8,265,7442015Assets 2016: $9,929,506Liabilities 2016: $1,400,528Net Assets 2016: $8,528,9782016Assets 2017: $10,909,935Liabilities 2017: $1,467,222Net Assets 2017: $9,442,7132017Assets 2018: $11,638,740Liabilities 2018: $1,400,161Net Assets 2018: $10,238,5792018Assets 2019: $12,237,980Liabilities 2019: $1,461,054Net Assets 2019: $10,776,9262019Assets 2020: $12,646,108Liabilities 2020: $1,248,340Net Assets 2020: $11,397,7682020Assets 2021: $15,376,753Liabilities 2021: $2,129,202Net Assets 2021: $13,247,5512021Assets 2022: $14,051,350Liabilities 2022: $1,257,636Net Assets 2022: $12,793,7142022Assets 2023: $15,391,632Liabilities 2023: $1,266,467Net Assets 2023: $14,125,1652023Assets 2024: $16,859,076Liabilities 2024: $1,494,101Net Assets 2024: $15,364,9752024Assets 2025: $17,405,078Liabilities 2025: $1,102,642Net Assets 2025: $16,302,4362025

Highlighted filing

2014

Assets$9,379,761
Liabilities$1,424,136
Net Assets$7,955,625

Operations Trend

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

$10M$5.0M$0Expenses 2011: $7,396,7092011Expenses 2012: $7,074,3442012Revenue 2013: $7,154,434Expenses 2013: $6,669,553Net Income 2013: $484,8812013Revenue 2014: $7,155,858Expenses 2014: $6,702,441Net Income 2014: $453,4172014Revenue 2015: $7,300,794Expenses 2015: $6,990,675Net Income 2015: $310,1192015Revenue 2016: $7,503,230Expenses 2016: $7,177,502Net Income 2016: $325,7282016Revenue 2017: $7,944,353Expenses 2017: $7,418,765Net Income 2017: $525,5882017Revenue 2018: $7,887,557Expenses 2018: $7,354,350Net Income 2018: $533,2072018Revenue 2019: $7,853,469Expenses 2019: $7,478,382Net Income 2019: $375,0872019Revenue 2020: $7,525,176Expenses 2020: $7,310,609Net Income 2020: $214,5672020Revenue 2021: $8,271,438Expenses 2021: $7,869,291Net Income 2021: $402,1472021Revenue 2022: $8,919,635Expenses 2022: $8,005,301Net Income 2022: $914,3342022Revenue 2023: $9,050,410Expenses 2023: $8,388,700Net Income 2023: $661,7102023Revenue 2024: $9,165,940Expenses 2024: $8,860,806Net Income 2024: $305,1342024Revenue 2025: $9,924,067Expenses 2025: $9,530,543Net Income 2025: $393,5242025

Highlighted filing

2014

Revenue$7,155,858
Expenses$6,702,441
Net Income$453,417
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 9, 2014
Return Version
2013v3.0
Gross Receipts
$7,155,858
Mission and Program Overview

Mission

Organization provides a quality education to students which enables them to achieve their potential and realize their goals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,076,054$4,173,306▲ $97,252
Cash and Non-Interest-Bearing Accounts$2,974,209$2,660,343▼ $313,866
Investments in Publicly Traded Securities$1,893,260$2,446,351▲ $553,091
Accounts Receivable$34,790$38,867▲ $4,077
Prepaid Expenses and Deferred Charges$2,721$1,984▼ $737
Inventories for Sale or Use$1,434$1,705▲ $271
Total Assets$9,043,439$9,379,761▲ $336,322
Other Assets Total$60,971$57,205▼ $3,766
Liabilities
Mortgage Notes Payable Secured by Investment Property$822,056$779,932▼ $42,124
Other Liabilities$637,867$571,722▼ $66,145
Deferred Revenue$57,975$67,485▲ $9,510
Accounts Payable and Accrued Expenses$23,344$4,997▼ $18,347
Total Liabilities$1,541,242$1,424,136▼ $117,106
Net Assets / Fund Balance
Unrestricted Net Assets$5,540,907$5,444,974▼ $95,933
Temporarily Rstr Net Assets$1,375,893$1,853,580▲ $477,687
Permanently Rstr Net Assets$585,397$657,071▲ $71,674
Total Net Assets Fund Balance$7,502,197$7,955,625▲ $453,428
Total Liabilities and Net Assets / Fund Balance$9,043,439$9,379,761▲ $336,322

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,328,393$1,922,406$5,250,799
Leasehold Improvements$423,043$2,577,662$3,000,705
Land$421,870-$421,870

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$585,397-▲ $85,042-$657,071
2012$502,867-▲ $113,777-$585,397
2011$509,000-▲ $3,178-$502,867
2010$424,216$3,695▲ $89,585-$509,000
2009$406,048$1,300▲ $26,199-$424,216
Compensation and Service Providers

Board Members and Trustees

NameTitle
John W NoredPresident
Todd CummingsVice President
Matthew ClarkTrustee
Brenda DrummondSecretary
Regan TylerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,828
Program Service Revenue
$6,818,666
Investment Income
$32,619
Other Revenue
$276,745
All Other Contributions
$27,828
Change in Net Assets
$453,417

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,155,858
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,155,858
Total Revenue per Form 990
$7,155,858
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,632,780
Other Expenses$2,001,412
Grants and Similar Amounts Paid$68,249
Total Fundraising Expense$36,179
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,068,240$744,696-$3,812,936
Other Employee Benefits$494,443$96,996-$591,439
All Other Expenses$224,414$157,312$13,361$395,087
Depreciation Depletion$307,659$1,019-$308,678
Other Expenses$178,253--$178,253
Payroll Taxes$96,648$17,669-$114,317
Current Officers, Directors, Trustees, and Key Employees$54,762$36,508$22,818$114,088
Insurance-$101,916-$101,916
Grants to Domestic Individuals$68,249--$68,249
Interest$26,021--$26,021
Office Expenses-$13,215-$13,215
Fees for Services Accounting-$11,770-$11,770
Fees for Services Legal-$2,019-$2,019
Total Functional Expenses$5,483,142$1,183,120$36,179$6,702,441

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,702,441
Total Expenses per Audited Statements$6,702,441
Total Expenses per Form 990$6,702,441
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Summer Salaries Payable$464,963
Custodial Liability for Student Activities$106,759
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed at a meeting of the board of directors before it is filed.

Form 990, Part VI, Section B, Line 12C

Reviewed annually by the board of directors.

Form 990, Part VI, Section B, Line 15A

Reviewed annually by the board of directors.

Form 990, Part VI, Section C, Line 19

Available upon request from the business office.

Filing and Contact Details

Filer

EIN
01-0245261
Phone
2074452962

Signing Officer

Name
Michael Mcquarrie
Title
Head Master
Phone
2074452962
Signed
2014-09-09

Organization Details

Principal Officer
Michael Mcquarrie
Formed
1883
Legal Domicile
Me
Voting Board Members
5
Independent Board Members
5
Employees
141
Volunteers
0

Preparer

Preparer
William H Brewer
Phone
2074439759
Supplemental Narrative

Additional Explanations

Form 990 Part XI Line 2C

No change to oversight process during the tax year

Form 990 Part III Line 1

Erskine academy is an independent, secondary school approved for tuition purposes by the maine department of educational and cultural services. Historically, it has served the public interest in 9-12 education by providing educational, cultural, and extracurricular opportunities to the youth and familites of eight, primary sending communities: china, vassalboro, windsor, whitefield, palermo, jefferson, somerville, and chelsea, maine, all of which have no high school of their own and therefore have school choice. In addition to these students being tuitioned from their communities for educational purposes, erskine academy receives approximately 2% of its student body on a privately tuitioned basis and has recently added an increasing number of foreign students to its student population. Erskine academy is committed to presenting a comprehensive high school experience to the extent that fiscal and human resources are sufficient to enable it and the degree to which it is practicable. Due to responsible and efficient fiscal and human resource management, erskine retains many activities - curricular and cocurricular - that have been eliminated from surrounding public schools, such as shop technologies, home and consumer economics, the fine and performing arts, and modern and classical languages. Since it engages in no tuition contracts for enrollment with any community, erskine's student body is completely voluntary. Enrollment has increased dramatically in the past ten years. Course offerings in the diversified curriculum and a wide range of extracurricular activities are in part responsible for this growth; the responsive and caring service of a committed and skilled faculty has grown the school's reputation as being the school of choice. The school's growth and development reflect the communities' desire for an educational experience that is fit for the time and their students in preparation of a future that will demand higher education and preferred workplace dispositions. Local citizens and benefactors founded erskine academy in 1882 to fill a void in the educational opportunities available to students living in the rural areas. Today we stay true to that foundational charge - to serve as the school for students of surrounding towns that do not maintain their own high schools. To sustain its program and mission during a time of shrinking traditional student demographics, declining fiscal resources for education at the state and local levels, and the reconstitution of public schooling schemas, erskine endeavors to become less dependent of tuition dollars for its operations and functioning. Growth initiatives have included the establishmnet of a development office, stronger cultivation of alumni and family relationships, and the exploration of an international student and boarding program.

Financial Statement Notes

PART V, LINE 4:

To fund scholarships to graduating students to be used for higher education. Funds are also available to support students attending erskine academy.

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IRS990/Desc0ERSKINE ACADEMY IS A PRIVATE NON PROFIT HIGH SCHOOL FOR GRADES 9-12. APPROXIMATELY 563 STUDENTS ATTENDED THE SCHOOL DURING THE 2012-2013 SCHOOL YEAR. OF THOSE STUDENTS, APPROXIMATELY 12 WERE FOREIGN STUDENTS.
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IRS990/OtherSalariesAndWagesGrp/TotalAmt03812936
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017669
IRS990/PayrollTaxesGrp/ProgramServicesAmt096648
IRS990/PayrollTaxesGrp/TotalAmt0114317
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0585397
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0657071
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02721
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01984
IRS990/PrincipalOfficerNm0MICHAEL MCQUARRIE
IRS990/PriorPeriodAdjustmentsAmt011
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06818666
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06818666
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0148321
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt022252
IRS990/PYInvestmentIncomeAmt030373
IRS990/PYOtherExpensesAmt02065525
IRS990/PYOtherRevenueAmt0191645
IRS990/PYProgramServiceRevenueAmt06784095
IRS990/PYRevenuesLessExpensesAmt0484881
IRS990/PYSalariesCompEmpBnftPaidAmt04581776
IRS990/PYTotalExpensesAmt06669553
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07154434
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0453417
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06750417
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03328393
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01922406
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05250799
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0-5488
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0585397
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0657071
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0-7880
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt085042
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0-3015
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0502867
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0585397
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-28232
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0113777
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0-5035
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0509000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0502867
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-4276
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03178
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0-2496
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0424216
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt03695
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0509000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-6000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt089585
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0-3842
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0406048
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01300
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0424216
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-5489
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt026199
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06702441
IRS990ScheduleD/LandGrp/BookValueAmt0421870
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0421870
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0423043
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02577662
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03000705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0464963
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1106759
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SUMMER SALARIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTODIAL LIABILITY FOR STUDENT ACTIVITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07155858
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO FUND SCHOLARSHIPS TO GRADUATING STUDENTS TO BE USED FOR HIGHER EDUCATION. FUNDS ARE ALSO AVAILABLE TO SUPPORT STUDENTS ATTENDING ERSKINE ACADEMY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04173306
IRS990ScheduleD/TotalExpensesPerForm990Amt06702441
IRS990ScheduleD/TotalLiabilityAmt0571722
IRS990ScheduleD/TotalRevenuePerForm990Amt07155858
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07155858
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06702441
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL SCHOOL DOCUMENTS STATE THAT THERE IS NO DISCRIMINATION BASED ON RACE,COLOR AND NATIONAL OR ETHNIC ORIGIN
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AMOUNTS RECEIVED FROM THE U S DEPT OF AGRICULTURE FOR SCHOOL HOT LUNCH PROGRAM
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt068249
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt029
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AT A MEETING OF THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST FROM THE BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE TO OVERSIGHT PROCESS DURING THE TAX YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ERSKINE ACADEMY IS AN INDEPENDENT, SECONDARY SCHOOL APPROVED FOR TUITION PURPOSES BY THE MAINE DEPARTMENT OF EDUCATIONAL AND CULTURAL SERVICES. HISTORICALLY, IT HAS SERVED THE PUBLIC INTEREST IN 9-12 EDUCATION BY PROVIDING EDUCATIONAL, CULTURAL, AND EXTRACURRICULAR OPPORTUNITIES TO THE YOUTH AND FAMILITES OF EIGHT, PRIMARY SENDING COMMUNITIES: CHINA, VASSALBORO, WINDSOR, WHITEFIELD, PALERMO, JEFFERSON, SOMERVILLE, AND CHELSEA, MAINE, ALL OF WHICH HAVE NO HIGH SCHOOL OF THEIR OWN AND THEREFORE HAVE SCHOOL CHOICE. IN ADDITION TO THESE STUDENTS BEING TUITIONED FROM THEIR COMMUNITIES FOR EDUCATIONAL PURPOSES, ERSKINE ACADEMY RECEIVES APPROXIMATELY 2% OF ITS STUDENT BODY ON A PRIVATELY TUITIONED BASIS AND HAS RECENTLY ADDED AN INCREASING NUMBER OF FOREIGN STUDENTS TO ITS STUDENT POPULATION. ERSKINE ACADEMY IS COMMITTED TO PRESENTING A COMPREHENSIVE HIGH SCHOOL EXPERIENCE TO THE EXTENT THAT FISCAL AND HUMAN RESOURCES ARE SUFFICIENT TO ENABLE IT AND THE DEGREE TO WHICH IT IS PRACTICABLE. DUE TO RESPONSIBLE AND EFFICIENT FISCAL AND HUMAN RESOURCE MANAGEMENT, ERSKINE RETAINS MANY ACTIVITIES - CURRICULAR AND COCURRICULAR - THAT HAVE BEEN ELIMINATED FROM SURROUNDING PUBLIC SCHOOLS, SUCH AS SHOP TECHNOLOGIES, HOME AND CONSUMER ECONOMICS, THE FINE AND PERFORMING ARTS, AND MODERN AND CLASSICAL LANGUAGES. SINCE IT ENGAGES IN NO TUITION CONTRACTS FOR ENROLLMENT WITH ANY COMMUNITY, ERSKINE'S STUDENT BODY IS COMPLETELY VOLUNTARY. ENROLLMENT HAS INCREASED DRAMATICALLY IN THE PAST TEN YEARS. COURSE OFFERINGS IN THE DIVERSIFIED CURRICULUM AND A WIDE RANGE OF EXTRACURRICULAR ACTIVITIES ARE IN PART RESPONSIBLE FOR THIS GROWTH; THE RESPONSIVE AND CARING SERVICE OF A COMMITTED AND SKILLED FACULTY HAS GROWN THE SCHOOL'S REPUTATION AS BEING THE SCHOOL OF CHOICE. THE SCHOOL'S GROWTH AND DEVELOPMENT REFLECT THE COMMUNITIES' DESIRE FOR AN EDUCATIONAL EXPERIENCE THAT IS FIT FOR THE TIME AND THEIR STUDENTS IN PREPARATION OF A FUTURE THAT WILL DEMAND HIGHER EDUCATION AND PREFERRED WORKPLACE DISPOSITIONS. LOCAL CITIZENS AND BENEFACTORS FOUNDED ERSKINE ACADEMY IN 1882 TO FILL A VOID IN THE EDUCATIONAL OPPORTUNITIES AVAILABLE TO STUDENTS LIVING IN THE RURAL AREAS. TODAY WE STAY TRUE TO THAT FOUNDATIONAL CHARGE - TO SERVE AS THE SCHOOL FOR STUDENTS OF SURROUNDING TOWNS THAT DO NOT MAINTAIN THEIR OWN HIGH SCHOOLS. TO SUSTAIN ITS PROGRAM AND MISSION DURING A TIME OF SHRINKING TRADITIONAL STUDENT DEMOGRAPHICS, DECLINING FISCAL RESOURCES FOR EDUCATION AT THE STATE AND LOCAL LEVELS, AND THE RECONSTITUTION OF PUBLIC SCHOOLING SCHEMAS, ERSKINE ENDEAVORS TO BECOME LESS DEPENDENT OF TUITION DOLLARS FOR ITS OPERATIONS AND FUNCTIONING. GROWTH INITIATIVES HAVE INCLUDED THE ESTABLISHMNET OF A DEVELOPMENT OFFICE, STRONGER CULTIVATION OF ALUMNI AND FAMILY RELATIONSHIPS, AND THE EXPLORATION OF AN INTERNATIONAL STUDENT AND BOARDING PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XI LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART III LINE 1
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0ME
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01375893
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01853580
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09043439
IRS990/TotalAssetsEOYAmt09379761
IRS990/TotalAssetsGrp/BOYAmt09043439
IRS990/TotalAssetsGrp/EOYAmt09379761
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt027828
IRS990/TotalEmployeeCnt0141
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt036179
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01183120
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05483142
IRS990/TotalFunctionalExpensesGrp/TotalAmt06702441
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01541242
IRS990/TotalLiabilitiesEOYAmt01424136
IRS990/TotalLiabilitiesGrp/BOYAmt01541242
IRS990/TotalLiabilitiesGrp/EOYAmt01424136
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07502197
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07955625
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05483142
IRS990/TotalProgramServiceRevenueAmt06818666
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0307349
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06820681
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07155858
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09043439
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09379761

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.4$1.10$16.3$9.92$9.53$0.39
2024Detailed filing. Detailed filing data is available for this year.$16.9$1.49$15.4$9.17$8.86$0.31
2023Detailed filing. Detailed filing data is available for this year.$15.4$1.27$14.1$9.05$8.39$0.66
2022Detailed filing. Detailed filing data is available for this year.$14.1$1.26$12.8$8.92$8.01$0.91
2021Detailed filing. Detailed filing data is available for this year.$15.4$2.13$13.2$8.27$7.87$0.40
2020Detailed filing. Detailed filing data is available for this year.$12.6$1.25$11.4$7.53$7.31$0.21
2019Detailed filing. Detailed filing data is available for this year.$12.2$1.46$10.8$7.85$7.48$0.38
2018Detailed filing. Detailed filing data is available for this year.$11.6$1.40$10.2$7.89$7.35$0.53
2017Detailed filing. Detailed filing data is available for this year.$10.9$1.47$9.44$7.94$7.42$0.53
2016Detailed filing. Detailed filing data is available for this year.$9.93$1.40$8.53$7.50$7.18$0.33
2015Detailed filing. Detailed filing data is available for this year.$9.68$1.41$8.27$7.30$6.99$0.31
2014Detailed filing. Detailed filing data is available for this year.$9.38$1.42$7.96$7.16$6.70$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.04$1.54$7.50$7.15$6.67$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.59$1.57$7.02$7.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.32$1.55$6.78$7.40