Civic Intelligence

Isleboro Pre School

990 • Fiscal year 2019 • EIN 01-0376079

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 11, 2020

Organization Profileislesboropreschool.org
PO Box 88Islesboro, ME 04848

(207) 734-8859

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

39th percentile

$17,729

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

85th percentile

28%

Faster asset growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

58th percentile

7.5%

Faster revenue growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$1,173,111

Up $257,825 (+28%) from 2018

Net Assets

Up

$1,172,677

Up $258,499 (+28%) from 2018

Liabilities

Down

$434

Down $674 (-61%) from 2018

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin94th percentile

Revenue

Up

$388,230

Up $27,251 (+7.5%) from 2018

Expenses

Down

$149,465

Down $4,849 (-3.1%) from 2018

Net Income

Up

$238,765

Up $32,100 (+16%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2008: $0Liabilities 2008: $02008Assets 2009: $0Liabilities 2009: $02009Assets 2016: $631,071Liabilities 2016: $1,015Net Assets 2016: $630,0562016Assets 2017: $737,771Liabilities 2017: $41Net Assets 2017: $737,7302017Assets 2018: $915,286Liabilities 2018: $1,108Net Assets 2018: $914,1782018Assets 2019: $1,173,111Liabilities 2019: $434Net Assets 2019: $1,172,6772019Assets 2020: $1,304,880Liabilities 2020: $550Net Assets 2020: $1,304,3302020Assets 2021: $1,714,760Liabilities 2021: $1,353Net Assets 2021: $1,713,4072021Assets 2022: $1,595,868Liabilities 2022: $3,813Net Assets 2022: $1,592,0552022Assets 2023: $1,671,871Liabilities 2023: -$3,276Net Assets 2023: $1,675,1472023Assets 2024: $1,800,615Liabilities 2024: $3,973Net Assets 2024: $1,796,6422024

Highlighted filing

2019

Assets$1,173,111
Liabilities$434
Net Assets$1,172,677
Open 2019 Filing

Operations Trend

Revenue Growth58th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2008: $0Expenses 2008: $0Net Income 2008: $02008Revenue 2009: $0Expenses 2009: $0Net Income 2009: $02009Revenue 2016: $692,297Expenses 2016: $82,376Net Income 2016: $609,9212016Revenue 2017: $192,082Expenses 2017: $84,408Net Income 2017: $107,6742017Revenue 2018: $360,979Expenses 2018: $154,314Net Income 2018: $206,6652018Revenue 2019: $388,230Expenses 2019: $149,465Net Income 2019: $238,7652019Revenue 2020: $283,573Expenses 2020: $161,485Net Income 2020: $122,0882020Revenue 2021: $339,650Expenses 2021: $154,499Net Income 2021: $185,1512021Revenue 2022: $224,056Expenses 2022: $184,652Net Income 2022: $39,4042022Revenue 2023: $166,776Expenses 2023: $183,517Net Income 2023: -$16,7412023Revenue 2024: $260,469Expenses 2024: $239,504Net Income 2024: $20,9652024

Highlighted filing

2019

Revenue$388,230
Expenses$149,465
Net Income$238,765
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 11, 2020
Return Version
2018v3.1
Gross Receipts
$393,885
Mission and Program Overview

Mission

The Islesboro Preschool recognizes each child as an individual with their own set of life experiences. Each child will be encouraged to explore, observe, experiment, and discover through direct, concrete interaction with the environment. Children are given activities to challenge and to increase their developmental skills. Children are accepted for where they are at in all stages of development and encouraged to develop at their own rate. Character development is fostered in all areas to build caring, honest, respectful, and responsible individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$577,939-
Land, Buildings, and Equipment, Net$553,346$541,956▼ $11,390
Savings and Temporary Cash Investments$350,831$35,080▼ $315,751
Cash and Non-Interest-Bearing Accounts$4,052$12,104▲ $8,052
Accounts Receivable$7,057$6,032▼ $1,025
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$915,286$1,173,111▲ $257,825
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,108$434▼ $674
Total Liabilities$1,108$434▼ $674
Net Assets / Fund Balance
Unrestricted Net Assets$767,538$1,172,677▲ $405,139
Temporarily Rstr Net Assets$146,640--
Total Net Assets Fund Balance$914,178$1,172,677▲ $258,499
Total Liabilities and Net Assets / Fund Balance$915,286$1,173,111▲ $257,825

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$379,311$19,605$398,916
Land$138,781-$138,781
Equipment$17,132$4,838$21,970
Other Land Buildings$6,732$2,166$8,898

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019-$555,000▲ $25,429-$577,939
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alexandra WilburOutgoing Ex.DirectorPT$17,729$17,729

Board Members and Trustees

NameTitle
Bruce ClaflinPresident
Becky BolducDirector
Karen BettsDirector
Mary Alderman RitschDirector
Mary TruslowDirector
Maxine NelsonDirector
Natasha StevensDirector
Nina HoughtonDirector
Robynanne CongdonDirector
Sara BabbidgeDirector
Nancy WuoriIncoming Ex Director
Laura GrafSecretary
Bonnie MackenzieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$359,055
Program Service Revenue
$22,982
Investment Income
$5,853
Other Revenue
$340
All Other Contributions
$294,055
Change in Net Assets
$238,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$100,087
Other Expenses$49,378
Total Fundraising Expense$113
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$75,246--$75,246
Depreciation Depletion$21,177$5,294-$26,471
Current Officers, Directors, Trustees, and Key Employees-$17,729-$17,729
Payroll Taxes$5,756$1,356-$7,112
Insurance$1,247$4,359-$5,606
Occupancy$4,165$1,062$84$5,311
Fees for Services Accounting-$3,290-$3,290
Fees for Services Other$2,228$710-$2,938
Fees for Service Investment Mgmnt Fees-$2,490-$2,490
Office Expenses$42$306$21$369
Travel$230$58-$288
Other Expenses$231--$231
All Other Expenses$-4,064$187$8$-3,869
Total Functional Expenses$112,511$36,841$113$149,465
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$5,995
Gaming Direct Expenses$5,655
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“According to the By-Laws, individuals become members when they have paid annual dues/registration fee to the preschool or have at least one child in the preschool during the fiscal year. A member/family is entitled to one vote.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Executive Director and President of the Board of Directors reviews the 990 prior to submission. The 990 is available in the Executive Director's office for any board member to request to view.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Board of Directors determines the rate of pay for the Executive Director after consideration of several factors.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents of the organization can be found on our website and also upon specific request to the Executive Director.”

Filing and Contact Details

Filer

Filer Name
The Islesboro Pre-School
EIN
01-0376079
Phone
2077348859
Address
PO Box 88, Islesboro, ME 04848

Signing Officer

Name
Nancy Wuori
Title
Executive Director
Signed
2020-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Claflin
Formed
1981
Legal Domicile
Me
Voting Board Members
13
Independent Board Members
13
Employees
10

Preparer

Firm
Nickerson PA
Address
PO Box 211, Belfast, ME 04915-0211
Preparer
Krista F Ottman CPA
Phone
2073382770
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“The endowment monies raised by Islesboro Preschool will allow the Organization to operate "as far as we can see into the future". The Organization has established an Endowment Committee to: select investment advisor(s), recommend to the board overall investment objectives, determine if returns are in line with the investment objectives, making changes in investment allocations as necessary, and ensure withdrawals are properly approved. Based on the established guidelines and required approvals, monies can be withdrawn on an annual basis to support the operations or capital needs.”

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IRS990/Form990PartVIISectionAGrp/PersonNm0Nancy Wuori
IRS990/Form990PartVIISectionAGrp/PersonNm1Bruce Claflin
IRS990/Form990PartVIISectionAGrp/PersonNm2Bonnie Mackenzie
IRS990/Form990PartVIISectionAGrp/PersonNm3Laura Graf
IRS990/Form990PartVIISectionAGrp/PersonNm4Nina Houghton
IRS990/Form990PartVIISectionAGrp/PersonNm5Mary Truslow
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IRS990/Form990PartVIISectionAGrp/PersonNm12Natasha Stevens
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Incoming Ex Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Outgoing Ex.Dir
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt05655
IRS990/GamingGrossIncomeAmt05995
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt065000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0393885
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt04359
IRS990/InsuranceGrp/ProgramServicesAmt01247
IRS990/InsuranceGrp/TotalAmt05606
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt05853
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05853
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0577939
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026609
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0553346
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0541956
IRS990/LandBldgEquipCostOrOtherBssAmt0568565
IRS990/LegalDomicileStateCd0ME
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Islesboro Preschool recognizes each child as an individual with their own set of life experiences. Each child will be encouraged to explore, observe, experiment, and discover through direct, concrete interaction with the environment. Children are given activities to challenge and to increase their developmental skills. Children are accepted for where they are at in all stages of development and encouraged to develop at their own rate. Character development is fostered in all areas to build caring, honest, respectful, and responsible individuals.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0914178
IRS990/NetAssetsOrFundBalancesEOYAmt01172677
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt0340
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0340
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt019734
IRS990/NoncashContributionsAmt012650
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt084
IRS990/OccupancyGrp/ManagementAndGeneralAmt01062
IRS990/OccupancyGrp/ProgramServicesAmt04165
IRS990/OccupancyGrp/TotalAmt05311
IRS990/OfficeExpensesGrp/FundraisingAmt021
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0306
IRS990/OfficeExpensesGrp/ProgramServicesAmt042
IRS990/OfficeExpensesGrp/TotalAmt0369
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Classroom Consumable Supplies
IRS990/OtherExpensesGrp/Desc1Other Program Expense
IRS990/OtherExpensesGrp/Desc2Staff Training & Development
IRS990/OtherExpensesGrp/Desc3Membership & Dues
IRS990/OtherExpensesGrp/ProgramServicesAmt03024
IRS990/OtherExpensesGrp/ProgramServicesAmt12495
IRS990/OtherExpensesGrp/ProgramServicesAmt2734
IRS990/OtherExpensesGrp/ProgramServicesAmt3231
IRS990/OtherExpensesGrp/TotalAmt03024
IRS990/OtherExpensesGrp/TotalAmt12495
IRS990/OtherExpensesGrp/TotalAmt2734
IRS990/OtherExpensesGrp/TotalAmt3231
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075246
IRS990/OtherSalariesAndWagesGrp/TotalAmt075246
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01356
IRS990/PayrollTaxesGrp/ProgramServicesAmt05756
IRS990/PayrollTaxesGrp/TotalAmt07112
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Bruce Claflin
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022982
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022982
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0321091
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0213
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt052788
IRS990/PYOtherRevenueAmt04393
IRS990/PYProgramServiceRevenueAmt035282
IRS990/PYRevenuesLessExpensesAmt0218436
IRS990/PYSalariesCompEmpBnftPaidAmt089755
IRS990/PYTotalExpensesAmt0142543
IRS990/PYTotalRevenueAmt0360979
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0238765
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt022982
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0350831
IRS990/SavingsAndTempCashInvstGrp/EOYAmt035080
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0379311
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019605
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0398916
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt02490
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0555000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0577939
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt025429
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt017132
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04838
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt021970
IRS990ScheduleD/LandGrp/BookValueAmt0138781
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0138781
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06732
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02166
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08898
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The endowment monies raised by Islesboro Preschool will allow the Organization to operate "as far as we can see into the future". The Organization has established an Endowment Committee to: select investment advisor(s), recommend to the board overall investment objectives, determine if returns are in line with the investment objectives, making changes in investment allocations as necessary, and ensure withdrawals are properly approved. Based on the established guidelines and required approvals, monies can be withdrawn on an annual basis to support the operations or capital needs.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0541956
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,173,111
Liabilities
$434
Net assets
$1,172,677
Revenue
$388,230
Expenses
$149,465
Net income
$238,765
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.26$0.24$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.68$0.17$0.18$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.59$0.22$0.18$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.00$1.71$0.34$0.15$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.28$0.16$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.39$0.15$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.91$0.36$0.15$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.19$0.08$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.69$0.08$0.61
2009Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2008Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00