Civic Intelligence

Souls Harbor Inc. Main Rd

990 • Fiscal year 2014 • EIN 01-0358152

Jan 01, 2014 to Dec 31, 2014 • Filed on May 05, 2015

PO Box 275Corinth, ME 04427-0275

(207) 285-3131

Siviq Scores

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

Liabilities / Assets

87th percentile

0.39x

Higher debt load relative to assets than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

93rd percentile

0.66x

Higher debt load relative to revenue than 93% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

24th percentile

-9.4%

Higher net margin than 24% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

95th percentile

$63,700

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 28.3% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

29th percentile

-9.4%

Faster asset growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

48th percentile

0.3%

Faster revenue growth than 48% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$375,101

Down $38,750 (-9.4%) from 2013

Net Assets

Down

$227,368

Down $21,110 (-8.5%) from 2013

Liabilities

Down

$147,733

Down $17,640 (-11%) from 2013

Revenue

Up

$225,301

Up $573 (+0.3%) from 2013

Expenses

Down

$246,411

Down $53,490 (-18%) from 2013

Net Income

Up

-$21,110

Up $54,063 (+72%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $468,337Liabilities 2011: $179,493Net Assets 2011: $288,8442011Assets 2012: $496,737Liabilities 2012: $173,086Net Assets 2012: $323,6512012Assets 2013: $413,851Liabilities 2013: $165,373Net Assets 2013: $248,4782013Assets 2014: $375,101Liabilities 2014: $147,733Net Assets 2014: $227,3682014Assets 2015: $341,640Liabilities 2015: $136,871Net Assets 2015: $204,7692015Assets 2016: $318,176Liabilities 2016: $124,482Net Assets 2016: $193,6942016Assets 2017: $302,529Liabilities 2017: $116,698Net Assets 2017: $185,8312017Assets 2018: $301,765Liabilities 2018: $109,623Net Assets 2018: $192,1422018Assets 2019: $277,767Liabilities 2019: $101,097Net Assets 2019: $176,6702019Assets 2020: $272,758Liabilities 2020: $92,069Net Assets 2020: $180,6892020Assets 2021: $277,661Liabilities 2021: $81,275Net Assets 2021: $196,3862021Assets 2022: $263,032Liabilities 2022: $68,565Net Assets 2022: $194,4672022Assets 2023: $228,918Liabilities 2023: $58,360Net Assets 2023: $170,5582023Assets 2024: $210,487Liabilities 2024: $51,210Net Assets 2024: $159,2772024Assets 2025: $204,793Liabilities 2025: $43,052Net Assets 2025: $161,7412025

Highlighted filing

2014

Assets$375,101
Liabilities$147,733
Net Assets$227,368

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $295,685Expenses 2011: $312,286Net Income 2011: -$16,6012011Revenue 2012: $346,936Expenses 2012: $312,129Net Income 2012: $34,8072012Revenue 2013: $224,728Expenses 2013: $299,901Net Income 2013: -$75,1732013Revenue 2014: $225,301Expenses 2014: $246,411Net Income 2014: -$21,1102014Revenue 2015: $174,021Expenses 2015: $196,620Net Income 2015: -$22,5992015Revenue 2016: $168,851Expenses 2016: $179,934Net Income 2016: -$11,0832016Revenue 2017: $159,218Expenses 2017: $167,081Net Income 2017: -$7,8632017Revenue 2018: $169,706Expenses 2018: $163,395Net Income 2018: $6,3112018Revenue 2019: $141,102Expenses 2019: $156,574Net Income 2019: -$15,4722019Revenue 2020: $153,926Expenses 2020: $149,907Net Income 2020: $4,0192020Revenue 2021: $166,513Expenses 2021: $150,809Net Income 2021: $15,7042021Revenue 2022: $149,210Expenses 2022: $151,129Net Income 2022: -$1,9192022Revenue 2023: $129,939Expenses 2023: $153,848Net Income 2023: -$23,9092023Revenue 2024: $140,687Expenses 2024: $151,968Net Income 2024: -$11,2812024Revenue 2025: $148,180Expenses 2025: $145,716Net Income 2025: $2,4642025

Highlighted filing

2014

Revenue$225,301
Expenses$246,411
Net Income-$21,110
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 5, 2015
Return Version
2014v5.0
Gross Receipts
$225,301
Mission and Program Overview

Mission

Our mission is to provide services of a religious content to educate and evangelize by means of live worship services and other forms of media available, primarily the medium of television.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$385,122$360,683▼ $24,439
Rtn Earn Endowment Incm Other Fnds$248,478$227,368▼ $21,110
Cash and Non-Interest-Bearing Accounts$14,872$13,394▼ $1,478
Savings and Temporary Cash Investments$13,405$572▼ $12,833
Total Assets$413,851$375,101▼ $38,750
Other Assets Total$452$452→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$159,210$147,733▼ $11,477
Accounts Payable and Accrued Expenses$6,163--
Total Liabilities$165,373$147,733▼ $17,640
Net Assets / Fund Balance
Total Net Assets Fund Balance$248,478$227,368▼ $21,110
Total Liabilities and Net Assets / Fund Balance$413,851$375,101▼ $38,750

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$313,933$704,437$1,018,370
Land$46,750-$46,750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Richard LibbyPresidentPT$63,700$63,700
Sandra HurdSecretaryPT$31,175$31,175
Ronald LibbyChairmanPT$11,050$11,050
Judith LibbyTreasurerPT$10,750$10,750
Ron GoldsmithMemberPT$10,750$10,750

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$224,722
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$579
All Other Contributions
$224,722
Change in Net Assets
$-21,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$135,356
Other Expenses$111,055
Total Fundraising Expense$6,265
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$60,159$63,444$3,822$127,425
Depreciation Depletion$22,736$1,711-$24,447
Occupancy$9,292$9,941$533$19,766
Office Expenses$5,422$3,291$269$8,982
Interest-$8,635-$8,635
Payroll Taxes$3,318$4,375$238$7,931
Fees for Services Other$3,157$1,279$137$4,573
Travel$3,300$29$103$3,432
Insurance$2,017$152-$2,169
Fees for Services Accounting-$1,420$44$1,464
Advertising$412-$13$425
Other Expenses$300-$10$300
All Other Expenses$175-$5$180
Total Functional Expenses$145,869$94,277$6,265$246,411
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
No
Backup withholding compliance
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
No
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, Page 6, Part VI, Line 2

Richard libby michael libby brothers richard libby judith libby son michael libby judith libby son bethany gromel glenn gromel spouse

Form 990, Page 6, Part VI, Line 11B

The form is reviewed and signed by the president.

Form 990, Page 6, Part VI, Line 12C

At any duly called meeting where there is a potential for conflict of inte rest, those parties are asked to recuse themselves from discussion and vot ing.

Form 990, Page 6, Part VI, Line 19

All governing documents of the organization are maintained at the organiza tion s main office and are available to the public by contacting the organ ization and requesting to review them.

Filing and Contact Details

Filer

Filer Name
SOUL'S HARBOR INC
EIN
01-0358152
Phone
2072853131
Address
PO BOX 275, CORINTH, ME 04427-0275

Signing Officer

Name
Richard E Libby
Title
President
Phone
2072853131
Signed
2015-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Libby
Formed
1978
Legal Domicile
Me
Voting Board Members
12
Independent Board Members
8
Employees
5
Volunteers
36

Preparer

Firm
Loiselle Goodwin & Hinds
Address
12 STILLWATER AVE STE 5, BANGOR, ME 04401
Preparer
Leslie J Poake
Phone
2079904585
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IRS990/OtherExpensesGrp/TotalAmt3300
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
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IRS990/OtherRevenueTotalAmt0579
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0238
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04375
IRS990/PayrollTaxesGrp/ProgramServicesAmt03318
IRS990/PayrollTaxesGrp/TotalAmt07931
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RICHARD LIBBY
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0224727
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0115146
IRS990/PYOtherRevenueAmt01
IRS990/PYRevenuesLessExpensesAmt0-75173
IRS990/PYSalariesCompEmpBnftPaidAmt0184755
IRS990/PYTotalExpensesAmt0299901
IRS990/PYTotalRevenueAmt0224728
IRS990/ReconcilationRevenueExpnssAmt0-21110
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0248478
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0227368
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013405
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0224722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0224727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0346866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0295685
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0309298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01401298
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0579
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0688
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0579
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99140
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01389886
IRS990ScheduleA/SubstantialContributorsTotAmt011412
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0224722
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0309298
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01401298
IRS990ScheduleA/TotalSupportAmt01401986
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt046750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt046750
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0313933
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0704437
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01018370
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0360683
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RICHARD LIBBY MICHAEL LIBBY BROTHERS RICHARD LIBBY JUDITH LIBBY SON MICHAEL LIBBY JUDITH LIBBY SON BETHANY GROMEL GLENN GROMEL SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM IS REVIEWED AND SIGNED BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT ANY DULY CALLED MEETING WHERE THERE IS A POTENTIAL FOR CONFLICT OF INTE REST, THOSE PARTIES ARE ASKED TO RECUSE THEMSELVES FROM DISCUSSION AND VOT ING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS OF THE ORGANIZATION ARE MAINTAINED AT THE ORGANIZA TION S MAIN OFFICE AND ARE AVAILABLE TO THE PUBLIC BY CONTACTING THE ORGAN IZATION AND REQUESTING TO REVIEW THEM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0413851
IRS990/TotalAssetsEOYAmt0375101
IRS990/TotalAssetsGrp/BOYAmt0413851
IRS990/TotalAssetsGrp/EOYAmt0375101
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0224722
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06265
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094277
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0145869
IRS990/TotalFunctionalExpensesGrp/TotalAmt0246411
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0165373
IRS990/TotalLiabilitiesEOYAmt0147733
IRS990/TotalLiabilitiesGrp/BOYAmt0165373
IRS990/TotalLiabilitiesGrp/EOYAmt0147733
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0248478
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0227368
IRS990/TotalProgramServiceExpensesAmt0145869
IRS990/TotalReportableCompFromOrgAmt0127425
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0579
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0225301
IRS990/TotalVolunteersCnt036
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0413851
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0375101
IRS990/TravelGrp/FundraisingAmt0103
IRS990/TravelGrp/ManagementAndGeneralAmt029
IRS990/TravelGrp/ProgramServicesAmt03300
IRS990/TravelGrp/TotalAmt03432
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 275
IRS990/USAddress/CityNm0CORINTH
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004427
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0SOULSHARBOR.TV
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD E LIBBY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02072853131
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUL'S HARBOR INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUL
ReturnHeader/Filer/EIN0010358152

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.05$0.43$1.62$1.48$1.46$0.02
2024Detailed filing. Detailed filing data is available for this year.$2.10$0.51$1.59$1.41$1.52$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.29$0.58$1.71$1.30$1.54$0.24
2022Detailed filing. Detailed filing data is available for this year.$2.63$0.69$1.94$1.49$1.51$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.78$0.81$1.96$1.67$1.51$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.73$0.92$1.81$1.54$1.50$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.78$1.01$1.77$1.41$1.57$0.15
2018Detailed filing. Detailed filing data is available for this year.$3.02$1.10$1.92$1.70$1.63$0.06
2017Detailed filing. Detailed filing data is available for this year.$3.03$1.17$1.86$1.59$1.67$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.18$1.24$1.94$1.69$1.80$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.42$1.37$2.05$1.74$1.97$0.23
2014Detailed filing. Detailed filing data is available for this year.$3.75$1.48$2.27$2.25$2.46$0.21
2013Summary only. Only limited summary data is available for this year.$4.14$1.65$2.48$2.25$3.00$0.75
2012Summary only. Only limited summary data is available for this year.$4.97$1.73$3.24$3.47$3.12$0.35
2011Summary only. Only limited summary data is available for this year.$4.68$1.79$2.89$2.96$3.12$0.17