Civic Intelligence

Breakwater Learning

990 • Fiscal year 2020 • EIN 01-0249577

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization ProfileWWW.BREAKWATERLEARNING.ORG

View Organization Page

865 Brighton AvenuePortland, ME 04102

(207) 772-8689

Siviq Scores

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

Liabilities / Assets

84th percentile

0.59x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.58x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

49th percentile

5.0%

Higher net margin than 49% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

81st percentile

$136,468

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

24th percentile

-2.0%

Faster asset growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

5.6%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$4,023,327

Down $83,646 (-2.0%) from 2019

Net Assets

Up

$1,668,020

Up $202,518 (+14%) from 2019

Liabilities

Down

$2,355,307

Down $286,164 (-11%) from 2019

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin49th percentile

Revenue

Up

$4,073,860

Up $214,333 (+5.6%) from 2019

Expenses

Down

$3,871,342

Down $160,585 (-4.0%) from 2019

Net Income

Up

$202,518

Up $374,918 (+217%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,711,998Liabilities 2011: $1,732,546Net Assets 2011: $1,979,4522011Assets 2012: $3,785,527Liabilities 2012: $1,947,881Net Assets 2012: $1,837,6462012Assets 2013: $3,796,495Liabilities 2013: $2,074,670Net Assets 2013: $1,721,8252013Assets 2014: $3,736,378Liabilities 2014: $1,635,910Net Assets 2014: $2,100,4682014Assets 2015: $3,848,328Liabilities 2015: $1,735,229Net Assets 2015: $2,113,0992015Assets 2016: $4,096,984Liabilities 2016: $2,062,859Net Assets 2016: $2,034,1252016Assets 2017: $4,409,559Liabilities 2017: $2,431,205Net Assets 2017: $1,978,3542017Assets 2018: $4,462,240Liabilities 2018: $2,824,338Net Assets 2018: $1,637,9022018Assets 2019: $4,106,973Liabilities 2019: $2,641,471Net Assets 2019: $1,465,5022019Assets 2020: $4,023,327Liabilities 2020: $2,355,307Net Assets 2020: $1,668,0202020Assets 2021: $5,120,298Liabilities 2021: $3,055,241Net Assets 2021: $2,065,0572021Assets 2022: $5,329,217Liabilities 2022: $3,154,184Net Assets 2022: $2,175,0332022Assets 2023: $5,885,434Liabilities 2023: $3,580,509Net Assets 2023: $2,304,9252023Assets 2024: $5,954,117Liabilities 2024: $3,034,349Net Assets 2024: $2,919,7682024Assets 2025: $5,650,338Liabilities 2025: $2,926,051Net Assets 2025: $2,724,2872025

Highlighted filing

2020

Assets$4,023,327
Liabilities$2,355,307
Net Assets$1,668,020
Open 2020 Filing

Operations Trend

Revenue Growth59th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,192,4182011Expenses 2012: $2,388,0102012Revenue 2013: $2,186,283Expenses 2013: $2,407,888Net Income 2013: -$221,6052013Revenue 2014: $2,798,085Expenses 2014: $2,388,153Net Income 2014: $409,9322014Revenue 2015: $3,128,404Expenses 2015: $3,107,230Net Income 2015: $21,1742015Revenue 2016: $3,178,127Expenses 2016: $3,249,267Net Income 2016: -$71,1402016Revenue 2017: $3,535,183Expenses 2017: $3,496,277Net Income 2017: $38,9062017Revenue 2018: $3,809,540Expenses 2018: $4,130,444Net Income 2018: -$320,9042018Revenue 2019: $3,859,527Expenses 2019: $4,031,927Net Income 2019: -$172,4002019Revenue 2020: $4,073,860Expenses 2020: $3,871,342Net Income 2020: $202,5182020Revenue 2021: $3,833,883Expenses 2021: $3,489,779Net Income 2021: $344,1042021Revenue 2022: $4,201,509Expenses 2022: $3,918,911Net Income 2022: $282,5982022Revenue 2023: $4,775,965Expenses 2023: $4,690,463Net Income 2023: $85,5022023Revenue 2024: $5,564,974Expenses 2024: $5,017,473Net Income 2024: $547,5012024Revenue 2025: $5,029,887Expenses 2025: $5,275,147Net Income 2025: -$245,2602025

Highlighted filing

2020

Revenue$4,073,860
Expenses$3,871,342
Net Income$202,518
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$4,129,806
Mission and Program Overview

Mission

The school's mission is to engage students in an optimal learning experience that inspires them to live well on the planet, embrace their whole being, and realize their full potential. This is accomplished by continually reviewing and applying best educational practice while remaining true to our community's values and spirit.

School with programs for toddler through grade eight.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,256,868$3,135,067▼ $121,801
Savings and Temporary Cash Investments$291,585$554,224▲ $262,639
Investments in Publicly Traded Securities$137,734$150,064▲ $12,330
Accounts Receivable$318,915$124,415▼ $194,500
Intangible Assets$40,028$35,691▼ $4,337
Prepaid Expenses and Deferred Charges$28,735$18,125▼ $10,610
Pledges and Grants Receivable$32,500$5,000▼ $27,500
Cash and Non-Interest-Bearing Accounts$608$741▲ $133
Total Assets$4,106,973$4,023,327▼ $83,646
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,170,676$1,688,769▲ $518,093
Deferred Revenue$1,263,522$506,558▼ $756,964
Accounts Payable and Accrued Expenses$204,663$157,370▼ $47,293
Escrow Account Liability$2,610$2,610→ $0
Total Liabilities$2,641,471$2,355,307▼ $286,164
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$574,908$1,274,286▲ $699,378
Net Assets With Donor Restrictions$890,594$393,734▼ $496,860
Total Net Assets Fund Balance$1,465,502$1,668,020▲ $202,518
Total Liabilities and Net Assets / Fund Balance$4,106,973$4,023,327▼ $83,646

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,696,650$2,021,016$4,717,666
Equipment$115,091$716,417$831,508
Land$323,326-$323,326

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$137,734-▲ $12,330-$150,064
2018$125,202$274▲ $12,258-$137,734
2017$116,392$2,320▲ $6,490-$125,202
2016$106,754$905▲ $8,733-$116,392
2015$103,880$11,986▼ $9,112-$106,754
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David SullivanExecutive DirectorFT$119,615$16,853$136,468

Board Members and Trustees

NameTitle
Josiah PierceChair
Theo KalikowVice Chair
Bill MelcherTrustee
Erik CalhounTrustee
Josh EdwardsTrustee
Kendra CornwallTrustee
Kristin KoppTrustee
Reid CreweTrustee
Gretchen DrownSecretary
Whit FordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$389,020
Program Service Revenue
$3,188,266
Investment Income
$41,729
Other Revenue
$454,845
All Other Contributions
$389,020
Change in Net Assets
$202,518

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,418,745
Revenue Not Reported on Financial Statements
$655,115
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$655,115
Total Revenue per Audited Statements
$3,418,745
Total Revenue per Form 990
$4,073,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,330,690
Other Expenses$885,537
Grants and Similar Amounts Paid$655,115
Total Fundraising Expense$107,904
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,374,441$405,562$72,914$1,852,917
Grants to Domestic Individuals$655,115--$655,115
Depreciation Depletion$182,569$64,146-$246,715
Other Employee Benefits$159,998$20,120$5,617$185,735
Payroll Taxes$93,342$54,450$7,778$155,570
Current Officers, Directors, Trustees, and Key Employees$81,881$47,764$6,823$136,468
All Other Expenses$58,482$39,461$2,252$100,195
Fees for Services Accounting-$76,418-$76,418
Interest$28,198$32,209-$60,407
Insurance$40,836$13,987-$54,823
Occupancy$34,831$18,281-$53,112
Other Expenses$8,912$33,276$984$43,172
Advertising$16,095$1,683$2,867$20,645
Information Technology$1,701$6,856-$8,557
Travel$125$1,665-$1,790
Total Functional Expenses$2,852,144$911,294$107,904$3,871,342

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,871,342
Expenses per Audited Statements$3,216,227
Total Expenses per Audited Statements$3,216,227
Expenses Not Reported on Financial Statements$655,115
Other Expense Adjustments$655,115
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The 990 return is reviewed and approved by the Executive Director, then sent to all members of the finance committee for review prior to filing. A copy is distributed to the full board prior to filing.”

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

“Once a year the board of directors are required to disclose any conflict of interests and sign the conflict of interest policy.”

Form 990, Part VI, Section B, line 15

“The school has a compensation committee that reviews and approves the Executive Director's salary each year, taking into account salary and benefit levels for similar positions at other schools.”

Form 990, Part VI, Section C, line 18

“The School makes its governing documents, conflict of interest policy, financial statements and 990 available to the public upon request at the school's library. The 990 is also available on Guidestar.”

Form 990, Part VI, Section C, line 19

“See line 18 above.”

Filing and Contact Details

Filer

Filer Name
Breakwater Learning
EIN
01-0249577
Phone
2077728689
Address
865 BRIGHTON AVENUE, PORTLAND, ME 04102

Signing Officer

Name
David Sullivan
Title
Executive Director
Phone
2077728689
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Sullivan
Formed
1977
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
109
Volunteers
25

Preparer

Firm
Pgm LLC
Address
319 Main Street, Biddeford, ME 04005
Phone
2074155714
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

“Funds held on behalf of others”

Part XI, Line 4B - Other Adjustments:

“Financial aid for students”

Part XII, Line 4B - Other Adjustments:

“Financial aid for students”

Part IV, Line 2B

“Funds held for the Breakwater Parent Connection.”

Raw XML AppendixShowing 400 of 524 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0204663
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0157370
IRS990/AccountsReceivableGrp/BOYAmt0318915
IRS990/AccountsReceivableGrp/EOYAmt0124415
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SCHOOL WITH PROGRAMS FOR TODDLER THROUGH GRADE EIGHT.
IRS990/AdvertisingGrp/FundraisingAmt02867
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01683
IRS990/AdvertisingGrp/ProgramServicesAmt016095
IRS990/AdvertisingGrp/TotalAmt020645
IRS990/AllOtherContributionsAmt0389020
IRS990/AllOtherExpensesGrp/FundraisingAmt02252
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt039461
IRS990/AllOtherExpensesGrp/ProgramServicesAmt058482
IRS990/AllOtherExpensesGrp/TotalAmt0100195
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SARAH DESORMIERS
IRS990/BooksInCareOfDetail/PhoneNum02077728689
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0865 BRIGHTON AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004102
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0608
IRS990/CashNonInterestBearingGrp/EOYAmt0741
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt06823
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt047764
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt081881
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0136468
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0389020
IRS990/CYGrantsAndSimilarPaidAmt0655115
IRS990/CYInvestmentIncomeAmt041729
IRS990/CYOtherExpensesAmt0885537
IRS990/CYOtherRevenueAmt0454845
IRS990/CYProgramServiceRevenueAmt03188266
IRS990/CYRevenuesLessExpensesAmt0202518
IRS990/CYSalariesCompEmpBnftPaidAmt02330690
IRS990/CYTotalExpensesAmt03871342
IRS990/CYTotalFundraisingExpenseAmt0107904
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04073860
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01263522
IRS990/DeferredRevenueGrp/EOYAmt0506558
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt064146
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0182569
IRS990/DepreciationDepletionGrp/TotalAmt0246715
IRS990/Desc0BREAKWATER LEARNING IS A NOT-FOR-PROFIT LEARNING CENTER THAT RUNS AN INDEPENDENT DAY SCHOOL OFFERING TODDLER, PRESCHOOL, GRADE KINDERGARDEN THROUGH EIGHT, AFTER SCHOOL PROGRAMMING AND SUMMER CAMP OPPURTUNITIES TO THE COMMUNITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0890594
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0393734
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0109
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt02610
IRS990/EscrowAccountLiabilityGrp/EOYAmt02610
IRS990/ExpenseAmt02852144
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt076418
IRS990/FeesForServicesAccountingGrp/TotalAmt076418
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1016853
IRS990/Form990PartVIISectionAGrp/PersonNm0KRISTIN KOPP
IRS990/Form990PartVIISectionAGrp/PersonNm1BILL MELCHER
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSH EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIK CALHOUN
IRS990/Form990PartVIISectionAGrp/PersonNm4KENDRA CORNWALL
IRS990/Form990PartVIISectionAGrp/PersonNm5GRETCHEN DROWN
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSIAH PIERCE
IRS990/Form990PartVIISectionAGrp/PersonNm7REID CREWE
IRS990/Form990PartVIISectionAGrp/PersonNm8THEO KALIKOW
IRS990/Form990PartVIISectionAGrp/PersonNm9WHIT FORD
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID SULLIVAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10119615
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01010
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt0655115
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0655115
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0655115
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt056956
IRS990/GrossReceiptsAmt04129806
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06856
IRS990/InformationTechnologyGrp/ProgramServicesAmt01701
IRS990/InformationTechnologyGrp/TotalAmt08557
IRS990/InsuranceGrp/ManagementAndGeneralAmt013987
IRS990/InsuranceGrp/ProgramServicesAmt040836
IRS990/InsuranceGrp/TotalAmt054823
IRS990/IntangibleAssetsGrp/BOYAmt040028
IRS990/IntangibleAssetsGrp/EOYAmt035691
IRS990/InterestGrp/ManagementAndGeneralAmt032209
IRS990/InterestGrp/ProgramServicesAmt028198
IRS990/InterestGrp/TotalAmt060407
IRS990/InvestmentIncomeGrp/ExclusionAmt040719
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040719
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0137734
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0150064
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02737433
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03256868
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03135067
IRS990/LandBldgEquipCostOrOtherBssAmt05872500
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt055946
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BREAKWATER LEARNING'S MISSION IS TO ENGAGE STUDENTS IN AN OPTIMAL LEARNING EXPERIENCE THAT INSPIRES THEM TO LIVE WELL ON THE PLANET, EMBRACE THEIR WHOLE BEING, AND REALIZE THEIR FULL POTENTIAL. THIS IS ACCOMPLISHED BY CONTINUALLY REVIEWING AND APPLYING BEST EDUCATIONAL PRACTICES WHILE REMAINING TRUE TO OUR COMMUNITY'S VALUES AND SPIRIT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01170676
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01688769
IRS990/NetAssetsOrFundBalancesBOYAmt01465502
IRS990/NetAssetsOrFundBalancesEOYAmt01668020
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01010
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01010
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0574908
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01274286
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt018281
IRS990/OccupancyGrp/ProgramServicesAmt034831
IRS990/OccupancyGrp/TotalAmt053112
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05617
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020120
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0159998
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0185735
IRS990/OtherExpensesGrp/Desc0Bad debts
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Repairs & maintenance
IRS990/OtherExpensesGrp/Desc3bank fees
IRS990/OtherExpensesGrp/FundraisingAmt08500
IRS990/OtherExpensesGrp/FundraisingAmt1169
IRS990/OtherExpensesGrp/FundraisingAmt2984
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050363
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt126802
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt218251
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt333276
IRS990/OtherExpensesGrp/ProgramServicesAmt020795
IRS990/OtherExpensesGrp/ProgramServicesAmt145272
IRS990/OtherExpensesGrp/ProgramServicesAmt249551
IRS990/OtherExpensesGrp/ProgramServicesAmt38912
IRS990/OtherExpensesGrp/TotalAmt079658
IRS990/OtherExpensesGrp/TotalAmt172243
IRS990/OtherExpensesGrp/TotalAmt267802
IRS990/OtherExpensesGrp/TotalAmt343172
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0454845
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0454845
IRS990/OtherRevenueTotalAmt0454845
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt072914
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0405562
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01374441
IRS990/OtherSalariesAndWagesGrp/TotalAmt01852917
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07778
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt054450
IRS990/PayrollTaxesGrp/ProgramServicesAmt093342
IRS990/PayrollTaxesGrp/TotalAmt0155570
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt032500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028735
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018125
IRS990/PrincipalOfficerNm0DAVID SULLIVAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03188266
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03188266
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0149222
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0849475
IRS990/PYInvestmentIncomeAmt035612
IRS990/PYOtherExpensesAmt0881412
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03674693
IRS990/PYRevenuesLessExpensesAmt0-172400
IRS990/PYSalariesCompEmpBnftPaidAmt02301040
IRS990/PYTotalExpensesAmt04031927
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03859527
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0202518
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03643111
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0291585
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0554224
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/AdditionsDuringYearAmt03413
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt02610
IRS990ScheduleD/BuildingsGrp/BookValueAmt02696650
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02021016
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04717666
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0137734
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0150064
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt012330
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0125202
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0274
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0137734
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012258
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0116392
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02320
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0125202
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06490
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0106754
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0905
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0116392
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08733
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0103880
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt011986
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0106754
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-9112
IRS990ScheduleD/EndingBalanceAmt06023
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0115091
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0716417
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0831508
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0655115
IRS990ScheduleD/ExpensesSubtotalAmt03216227
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0323326
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0323326
IRS990ScheduleD/OtherExpensesNotIncludedAmt0655115
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0655115
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.97530
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0655115
IRS990ScheduleD/RevenueSubtotalAmt03418745
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Funds held on behalf of others
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Financial aid for students
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Financial aid for students
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Funds held for the Breakwater Parent Connection.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part IV, Line 2B
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.02470
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03135067
IRS990ScheduleD/TotalExpensesPerForm990Amt03871342
IRS990ScheduleD/TotalRevenuePerForm990Amt04073860
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03418745
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03216227
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,023,327
Liabilities
$2,355,307
Net assets
$1,668,020
Revenue
$4,073,860
Expenses
$3,871,342
Net income
$202,518
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$2.93$2.72$5.03$5.28$0.25
2024Detailed filing. Detailed filing data is available for this year.$5.95$3.03$2.92$5.56$5.02$0.55
2023Detailed filing. Detailed filing data is available for this year.$5.89$3.58$2.30$4.78$4.69$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$3.15$2.18$4.20$3.92$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$3.06$2.07$3.83$3.49$0.34
2020Detailed filing. Detailed filing data is available for this year.$4.02$2.36$1.67$4.07$3.87$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$2.64$1.47$3.86$4.03$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.46$2.82$1.64$3.81$4.13$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$2.43$1.98$3.54$3.50$0.04
2016Detailed filing. Detailed filing data is available for this year.$4.10$2.06$2.03$3.18$3.25$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$1.74$2.11$3.13$3.11$0.02
2014Summary only. Only limited summary data is available for this year.$3.74$1.64$2.10$2.80$2.39$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$2.07$1.72$2.19$2.41$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.79$1.95$1.84$2.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$1.73$1.98$2.19