Civic Intelligence

Belgrade Lakes Association

990 • Fiscal year 2015 • EIN 01-0377308

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 29, 2016

PO Box 551Belgrade Lakes, ME 04918-0551

(207) 512-5150

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

81st percentile

40%

Faster asset growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$430,917

Up $122,509 (+40%) from 2014

Net Assets

Up

$427,715

Up $119,520 (+39%) from 2014

Liabilities

Up

$3,202

Up $2,989 (+1403%) from 2014

Revenue

Up

$328,080

Up $84,872 (+35%) from 2014

Expenses

Up

$208,560

Up $5,923 (+2.9%) from 2014

Net Income

Up

$119,520

Up $78,949 (+195%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,669,703Liabilities 2010: $0Net Assets 2010: $1,669,7032010Assets 2011: $246,400Liabilities 2011: $60,182Net Assets 2011: $186,2182011Assets 2012: $272,191Liabilities 2012: $45,217Net Assets 2012: $226,9742012Assets 2013: $292,212Liabilities 2013: $25,309Net Assets 2013: $266,9032013Assets 2014: $308,408Liabilities 2014: $213Net Assets 2014: $308,1952014Assets 2015: $430,917Liabilities 2015: $3,202Net Assets 2015: $427,7152015Assets 2016: $598,483Liabilities 2016: $4,422Net Assets 2016: $594,0612016Assets 2017: $590,808Liabilities 2017: $780Net Assets 2017: $590,0282017Assets 2018: $603,012Liabilities 2018: $358Net Assets 2018: $602,6542018Assets 2019: $551,877Liabilities 2019: $8Net Assets 2019: $551,8692019Assets 2020: $501,512Liabilities 2020: $201Net Assets 2020: $501,3112020Assets 2021: $566,769Liabilities 2021: $766Net Assets 2021: $566,0032021Assets 2022: $665,462Liabilities 2022: $777Net Assets 2022: $664,6852022Assets 2023: $783,213Liabilities 2023: $196Net Assets 2023: $783,0172023Assets 2024: $875,161Liabilities 2024: $3,431Net Assets 2024: $871,7302024

Highlighted filing

2015

Assets$430,917
Liabilities$3,202
Net Assets$427,715

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $58,9752010Expenses 2011: $91,3202011Expenses 2012: $276,6862012Revenue 2013: $303,590Expenses 2013: $258,547Net Income 2013: $45,0432013Revenue 2014: $243,208Expenses 2014: $202,637Net Income 2014: $40,5712014Revenue 2015: $328,080Expenses 2015: $208,560Net Income 2015: $119,5202015Revenue 2016: $328,006Expenses 2016: $161,660Net Income 2016: $166,3462016Revenue 2017: $194,317Expenses 2017: $198,350Net Income 2017: -$4,0332017Revenue 2018: $245,266Expenses 2018: $232,640Net Income 2018: $12,6262018Revenue 2019: $197,488Expenses 2019: $248,273Net Income 2019: -$50,7852019Revenue 2020: $199,301Expenses 2020: $249,859Net Income 2020: -$50,5582020Revenue 2021: $288,325Expenses 2021: $223,633Net Income 2021: $64,6922021Revenue 2022: $262,183Expenses 2022: $163,501Net Income 2022: $98,6822022Revenue 2023: $283,359Expenses 2023: $165,027Net Income 2023: $118,3322023Revenue 2024: $280,167Expenses 2024: $191,454Net Income 2024: $88,7132024

Highlighted filing

2015

Revenue$328,080
Expenses$208,560
Net Income$119,520
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 29, 2016
Return Version
2015v2.1
Gross Receipts
$437,684
Mission and Program Overview

Mission

To protect and improve the watershed

To protect and improve the watershed of great pond and long pond through preservation, education and action.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$308,195$427,715▲ $119,520
Cash and Non-Interest-Bearing Accounts$105,970$212,220▲ $106,250
Savings and Temporary Cash Investments$108,067$120,412▲ $12,345
Investments in Publicly Traded Securities$90,607$94,086▲ $3,479
Prepaid Expenses and Deferred Charges-$2,910-
Land, Buildings, and Equipment, Net$1,804$1,289▼ $515
Total Assets$308,408$430,917▲ $122,509
Other Assets Total$1,960--
Liabilities
Accounts Payable and Accrued Expenses$213$3,202▲ $2,989
Total Liabilities$213$3,202▲ $2,989
Net Assets / Fund Balance
Total Net Assets Fund Balance$308,195$427,715▲ $119,520
Total Liabilities and Net Assets / Fund Balance$308,408$430,917▲ $122,509

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,289$2,835-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lynn MatsonPresident
Pat DonahueVice President
Alex WallDirector
Andrew CookDirector
Bert LanguetDirector
Bill ShontellDirector
Bill WitkinDirector
Carol JohnsonDirector
Dick GreenanDirector
Gail RizzoDirector
Jack SchultzDirector
John GibbsDirector
Maggie ShannonDirector
Maureen MaslakDirector
Polly BeatieDirector
Rhoads MillerDirector
Stephen SmithDirector
Liz FontaineCo-secretary
Stephanie Yeaton GardnerCo-secretary
Shawn GrantSecretary
John AtkinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$308,802
Program Service Revenue
$0
Investment Income
$4,175
Other Revenue
$15,103
All Other Contributions
$224,601
Change in Net Assets
$119,520
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$197,560
Grants and Similar Amounts Paid$11,000
Total Fundraising Expense$7,390
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$51,446$2,893$4,400$58,739
Grants to Domestic Orgs$11,000--$11,000
Occupancy$7,714$1,500$1,500$10,714
Fees for Services Accounting$4,448$1,000$1,300$6,748
Other Expenses$5,735$0$0$5,735
Insurance$2,001$250$0$2,251
Advertising$2,054$0$0$2,054
Office Expenses$1,012$200$150$1,362
Depreciation Depletion$430$45$40$515
Total Functional Expenses$195,282$5,888$7,390$208,560
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$59,707
Fundraising Direct Expenses$44,604
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raffle$69,307$59,707$7,297$52,410
Total Events$69,307$59,707$44,604$15,103
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 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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Belgrade Lakes Association
EIN
01-0377308
Phone
2075125150
Address
PO BOX 551, BELGRADE LAKES, ME 04918-0551

Signing Officer

Name
John Atkinson
Title
Treasurer
Phone
2075125150
Signed
2016-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynn Matson
Formed
1908
Legal Domicile
Me
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
37

Preparer

Firm
James Lawson
Address
32 MILLWOOD CIR, NORWELL, MA 02061
Preparer
James D Lawson
Phone
6179517692
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

All board members are also members of the association

Pt VI, Line 7A

The board members are elected by other members

Pt VI, Line 7B

The board of directors vote on all decisions of the governing body

Pt VI, Line 11B

The 990 is reviewed by the finance committee members

Pt VI, Line 12C

The board of directors are responsible for the monitoring and revising the conflict of interest policy

Form 990, Part IX, Line 24F

Dues and licenses 400. 400. 0. 0. Website and database expenses 8846. 7846. 500. 500. Education and outreach 743. 743. 0. 0. Bank paypal fees 817. 617. 50. 150. Printing 20193. 17893. 1000. 1300. Foreign tax paid on dividends 43. 0. 43. 0. Mountain stewardship 1200. 1200. 0. 0. Purchases - supplies 15048. 13848. 500. 700. Postage 4561. 3511. 300. 750. Annual meeting expenses 6888. 5388. 500. 1000.

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IRS990/OtherExpensesGrp/Desc1MILFOIL PROGRAMS - BRCA
IRS990/OtherExpensesGrp/Desc2LAKESMART PROGRAMS
IRS990/OtherExpensesGrp/Desc3NEWSLETTER EXPENSES
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IRS990/OtherExpensesGrp/TotalAmt35735
IRS990/PartialLiquidationInd0false
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0LYNN MATSON
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IRS990/ProgSrvcAccomActy3Grp/Desc0COURTESY BOAT INSPECTION PROGRAMS
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0226830
IRS990/PYExcessBenefitTransInd0false
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0308195
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02312
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IRS990ScheduleA/PublicSupportPY509Pct00.97390
IRS990ScheduleA/PublicSupportTotal170Amt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt097092
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt062853
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt081292
IRS990ScheduleA/Total509Grp/TotalAmt0436564
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0445078
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01289
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02835
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt04124
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01289
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt09600
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt09600
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044604
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RAFFLE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt069307
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt069307
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt059707

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.87$0.28$0.19$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.28$0.17$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.66$0.26$0.16$0.10
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.57$0.00$0.57$0.29$0.22$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.20$0.25$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.55$0.20$0.25$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.60$0.25$0.23$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.19$0.20$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.59$0.33$0.16$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.33$0.21$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.24$0.20$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.29$0.03$0.27$0.30$0.26$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.05$0.23$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.06$0.19$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.00$1.67$0.06
Peer Organizations

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