Civic Intelligence

Laudholm Trust

990 • Fiscal year 2021 • EIN 01-0380763

Jul 01, 2020 to Jun 30, 2021 • Filed on May 04, 2022

Organization ProfileWWW.LAUDHOLM.ORG

View Organization Page

PO Box 1007Wells, ME 04090

(207) 646-4521

Siviq Scores

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

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

40th percentile

0.15x

Higher debt load relative to revenue than 40% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

69th percentile

24%

Higher net margin than 69% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

23rd percentile

$99,208

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

76th percentile

24%

Faster asset growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

56th percentile

16%

Faster revenue growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$11,093,947

Up $2,133,192 (+24%) from 2020

Net Assets

Up

$10,944,223

Up $2,087,215 (+24%) from 2020

Liabilities

Up

$149,724

Up $45,977 (+44%) from 2020

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin69th percentile

Revenue

Up

$1,024,210

Up $142,147 (+16%) from 2020

Expenses

Down

$773,708

Down $32,067 (-4.0%) from 2020

Net Income

Up

$250,502

Up $174,214 (+228%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$15M$10M$5.0M$0Assets 2011: $4,645,025Liabilities 2011: $28,927Net Assets 2011: $4,616,0982011Assets 2012: $4,675,447Liabilities 2012: $16,172Net Assets 2012: $4,659,2752012Assets 2013: $5,239,755Liabilities 2013: $161,071Net Assets 2013: $5,078,6842013Assets 2014: $5,830,119Liabilities 2014: $156,331Net Assets 2014: $5,673,7882014Assets 2015: $6,149,066Liabilities 2015: $146,936Net Assets 2015: $6,002,1302015Assets 2016: $6,321,385Liabilities 2016: $171,969Net Assets 2016: $6,149,4162016Assets 2017: $6,863,203Liabilities 2017: $187,900Net Assets 2017: $6,675,3032017Assets 2018: $7,576,018Liabilities 2018: $137,806Net Assets 2018: $7,438,2122018Assets 2019: $8,640,811Liabilities 2019: $122,809Net Assets 2019: $8,518,0022019Assets 2020: $8,960,755Liabilities 2020: $103,747Net Assets 2020: $8,857,0082020Assets 2021: $11,093,947Liabilities 2021: $149,724Net Assets 2021: $10,944,2232021Assets 2022: $10,020,080Liabilities 2022: $173,436Net Assets 2022: $9,846,6442022Assets 2023: $11,057,109Liabilities 2023: $172,305Net Assets 2023: $10,884,8042023Assets 2024: $11,913,136Liabilities 2024: $131,683Net Assets 2024: $11,781,4532024

Highlighted filing

2021

Assets$11,093,947
Liabilities$149,724
Net Assets$10,944,223
Open 2021 Filing

Operations Trend

Revenue Growth56th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $635,6012011Expenses 2012: $558,2692012Revenue 2013: $649,647Expenses 2013: $589,591Net Income 2013: $60,0562013Revenue 2014: $627,396Expenses 2014: $585,369Net Income 2014: $42,0272014Revenue 2015: $852,972Expenses 2015: $688,586Net Income 2015: $164,3862015Revenue 2016: $732,298Expenses 2016: $607,334Net Income 2016: $124,9642016Revenue 2017: $799,896Expenses 2017: $685,443Net Income 2017: $114,4532017Revenue 2018: $995,113Expenses 2018: $694,999Net Income 2018: $300,1142018Revenue 2019: $849,679Expenses 2019: $678,988Net Income 2019: $170,6912019Revenue 2020: $882,063Expenses 2020: $805,775Net Income 2020: $76,2882020Revenue 2021: $1,024,210Expenses 2021: $773,708Net Income 2021: $250,5022021Revenue 2022: $791,469Expenses 2022: $861,838Net Income 2022: -$70,3692022Revenue 2023: $954,746Expenses 2023: $1,042,242Net Income 2023: -$87,4962023Revenue 2024: $872,511Expenses 2024: $1,057,387Net Income 2024: -$184,8762024

Highlighted filing

2021

Revenue$1,024,210
Expenses$773,708
Net Income$250,502
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 4, 2022
Return Version
2020v4.0
Gross Receipts
$2,971,157
Mission and Program Overview

Mission

Laudholm trust is dedicated to advancing the coastal research, education, and stewardship programs of the wells reserve and to preserving its historic buildings. Laudholm strives to extend its unique legacy by galvanizing community support and inspiring actions that protect maine's coastal environment.

Laudholm trust is dedicated to advancing the coastal research, education, and stewardship programs of the wells reserve and to preserving its historic buildings. Laudholm trust strives to extend its unique legacy by galvanizing community support and inspiring actions that protect maine's coastal environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,365,548$8,776,157▲ $1,410,609
Savings and Temporary Cash Investments$265,463$789,158▲ $523,695
Land, Buildings, and Equipment, Net$104,376$102,872▼ $1,504
Cash and Non-Interest-Bearing Accounts$41,554$29,502▼ $12,052
Accounts Receivable$17,225$5,808▼ $11,417
Pledges and Grants Receivable$30,000$2,500▼ $27,500
Inventories for Sale or Use$2,475$1,956▼ $519
Total Assets$8,960,755$11,093,947▲ $2,133,192
Other Assets Total$1,134,114$1,385,994▲ $251,880
Liabilities
Deferred Revenue$84,875$121,746▲ $36,871
Accounts Payable and Accrued Expenses$18,872$27,978▲ $9,106
Total Liabilities$103,747$149,724▲ $45,977
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,457,630$7,946,027▲ $1,488,397
Net Assets Without Donor Restrictions$2,399,378$2,998,196▲ $598,818
Total Net Assets Fund Balance$8,857,008$10,944,223▲ $2,087,215
Total Liabilities and Net Assets / Fund Balance$8,960,755$11,093,947▲ $2,133,192

Asset Categories

AssetBook ValueDepreciationBasis
Land$97,950-$97,950
Equipment$4,922$9,530$14,452
Other Assets Org$30,900--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$7,444,667$217,787▲ $1,973,659$255,979$9,380,134
2020$7,050,370$17,503▲ $603,022$226,228$7,444,667
2019$6,107,584$3,443▲ $1,109,993$170,651$7,050,370
2018$5,417,753$104,000▲ $755,222$169,390$6,107,584
2017$5,155,468$19,458▲ $559,977$169,920$5,417,753
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicholas CharovPresidentFT$75,542$23,666$99,208

Board Members and Trustees

NameTitle
Hal MullerChair
Bruce BjorkVice-chair
Janet UnderhillTrustee
John CarpenterTrustee
Krista RosenTrustee
Penny SpauldingTrustee
Rob OlsonTrustee
Stephen GiannettiTrustee
Todd MoxhamTrustee
Robin PlancoSecretary
Dennis ByrdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$590,856
Program Service Revenue
$0
Investment Income
$415,879
Other Revenue
$17,475
All Other Contributions
$387,482
Change in Net Assets
$250,502

Audited Revenue Reconciliation

Revenue per Audited Statements
$991,888
Revenue Not Reported on Financial Statements
$32,322
Revenue Not Reported on Form 990
$1,836,713
Total Revenue per Audited Statements
$2,828,601
Total Revenue per Form 990
$1,024,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$361,596
Grants and Similar Amounts Paid$276,486
Total Fundraising Expense$189,565
Other Expenses$135,626
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$276,486--$276,486
Other Salaries and Wages$39,614$56,347$81,086$177,047
Current Officers, Directors, Trustees, and Key Employees$25,214$32,275$47,227$104,716
Other Employee Benefits$15,719$14,196$22,205$52,120
Office Expenses$21,728$1,844$9,624$33,196
Fees for Service Investment Mgmnt Fees-$32,322-$32,322
Payroll Taxes$3,742$7,040$6,765$17,547
Fees for Services Other$380$6,980$6,942$14,302
Fees for Services Accounting-$13,845-$13,845
Pension Plan Contributions$3,066$2,769$4,331$10,166
Advertising$7,150--$7,150
Insurance-$5,666-$5,666
Travel--$1,586$1,586
Depreciation Depletion-$1,504-$1,504
Other Expenses$291$559$583$559
All Other Expenses$9$263$216$488
Total Functional Expenses$408,241$175,902$189,565$773,708

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$773,708
Expenses per Audited Statements$741,386
Total Expenses per Audited Statements$741,386
Expenses Not Reported on Financial Statements$32,322
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wells National Estuarine Research RWells, ME170c1Support$276,486
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,887
Fundraising Direct Expenses$2,445
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Nicholas Charov PresidentBoard MemberFunding ProvidedNo$276,486
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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, Page 6, Part VI, Line 6

“The organization consists of members who must pay annual dues fixed by the board of trustees.”

Form 990, Page 6, Part VI, Line 7A

“The members elect the trustees and the trustees elect the officers of the board.”

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

“The form 990 is reviewed by the president, the treasurer, and the board of trustees before being filed. They are also available online at wellsreserve.org and are emailed to members.”

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

“The organization regularly and consistently monitors and enforces compliance with the policy by monitoring the board and employees.”

Form 990, Page 6, Part VI, Line 15A

“A yearly review of the maine association of non-profit salary and benefits survey is utilized to determine compensation.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents and financial statements are available at the office of laudholm trust upon request. They are also available at the annual meeting and sent to members annually.”

Filing and Contact Details

Filer

Filer Name
Laudholm Trust
EIN
01-0380763
Phone
2076464521
Address
PO BOX 1007, WELLS, ME 04090

Signing Officer

Name
Nicholas Charov
Title
President
Phone
2076464521
Signed
2022-05-04

Organization Details

Principal Officer
Nicholas Charov
Formed
1982
Legal Domicile
Me
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
350

Preparer

Firm
Runyon Kersteen Ouellette
Address
20 LONG CREEK DR, SOUTH PORTLAND, ME 04106
Preparer
Amy Chasse
Phone
2077732986
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Laudholm trust is dedicated to advancing the coastal research, education, and stewardship programs of the wells reserve and to preserving its historic buildings. Laudholm trust strives to extend its unique legacy by galvanizing community support and inspiring actions that protect maine's coastal environment.”

Form 990, Part XI, Line 9

“Change in value of perpetual trusts 251,880 change in annuity obligations -6,000 total 245,880”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Endowment funds are used to support the organization's primary tax exempt purpose of supporting the wells national estuarine research reserve. The income from permanently restricted endowment funds is used in support of educational and research programs, as intended by donors.”

Schedule D, Page 3, Part X

“Accounting principles generally accepted in the united states of america requires management to evaluate tax positions taken by the trust and recognize a tax liability if the trust has taken an uncertain tax position that more likely than not would not be sustained upon examination by the internal revenue service and state taxing authorities. The trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Schedule D, Page 4, Part XI, Line 2D

“Change in value of perpetual trusts 251,880 change in annuity obligations -6,000”

Raw XML AppendixShowing 400 of 554 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018872
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027978
IRS990/AccountsReceivableGrp/BOYAmt017225
IRS990/AccountsReceivableGrp/EOYAmt05808
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0LAUDHOLM TRUST IS DEDICATED TO ADVANCING THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS RESERVE AND TO PRESERVING ITS HISTORIC BUILDINGS. LAUDHOLM TRUST STRIVES TO EXTEND ITS UNIQUE LEGACY BY GALVANIZING COMMUNITY SUPPORT AND INSPIRING ACTIONS THAT PROTECT MAINE'S COASTAL ENVIRONMENT.
IRS990/AdvertisingGrp/ProgramServicesAmt07150
IRS990/AdvertisingGrp/TotalAmt07150
IRS990/AllOtherContributionsAmt0387482
IRS990/AllOtherExpensesGrp/FundraisingAmt0216
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0263
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09
IRS990/AllOtherExpensesGrp/TotalAmt0488
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NICHOLAS CHAROV
IRS990/BooksInCareOfDetail/PhoneNum02076464521
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0342 LAUDHOLM FARM ROAD PO BOX 1007
IRS990/BooksInCareOfDetail/USAddress/CityNm0WELLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004090
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt041554
IRS990/CashNonInterestBearingGrp/EOYAmt029502
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt047227
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt032275
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt025214
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0104716
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt01794
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0590856
IRS990/CYGrantsAndSimilarPaidAmt0276486
IRS990/CYInvestmentIncomeAmt0415879
IRS990/CYOtherExpensesAmt0135626
IRS990/CYOtherRevenueAmt017475
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0250502
IRS990/CYSalariesCompEmpBnftPaidAmt0361596
IRS990/CYTotalExpensesAmt0773708
IRS990/CYTotalFundraisingExpenseAmt0189565
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01024210
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt084875
IRS990/DeferredRevenueGrp/EOYAmt0121746
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01504
IRS990/DepreciationDepletionGrp/TotalAmt01504
IRS990/Desc0THE TRUST OPERATES TO SUPPORT THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE AND THE PRESERVATION AND MAINTENANCE OF ITS HISTORIC LAUDHOLM FARM CAMPUS. PROGRAM SERVICES PROFERRED BY THE TRUST INCLUDE CASH CONTRIBUTIONS MADE TO OR ON BEHALF OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE, AS WELL AS DONATED STAFF AND VOLUNTEER TIME.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt06457630
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt07946027
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0408241
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013845
IRS990/FeesForServicesAccountingGrp/TotalAmt013845
IRS990/FeesForServicesOtherGrp/FundraisingAmt06942
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06980
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0380
IRS990/FeesForServicesOtherGrp/TotalAmt014302
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt032322
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt032322
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
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/IndividualTrusteeOrDirectorInd10X
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/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1123666
IRS990/Form990PartVIISectionAGrp/PersonNm0HAL MULLER
IRS990/Form990PartVIISectionAGrp/PersonNm1BRUCE BJORK
IRS990/Form990PartVIISectionAGrp/PersonNm2DENNIS BYRD
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBIN PLANCO
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN CARPENTER
IRS990/Form990PartVIISectionAGrp/PersonNm5STEPHEN GIANNETTI
IRS990/Form990PartVIISectionAGrp/PersonNm6TODD MOXHAM
IRS990/Form990PartVIISectionAGrp/PersonNm7ROB OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm8KRISTA ROSEN
IRS990/Form990PartVIISectionAGrp/PersonNm9PENNY SPAULDING
IRS990/Form990PartVIISectionAGrp/PersonNm10JANET UNDERHILL
IRS990/Form990PartVIISectionAGrp/PersonNm11NICHOLAS CHAROV
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1175542
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt02445
IRS990/FundraisingGrossIncomeAmt07887
IRS990/GainOrLossGrp/SecuritiesAmt0315353
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt064318
IRS990/GrantAmt0276486
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0276486
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0276486
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02250821
IRS990/GrossReceiptsAmt02971157
IRS990/GrossRentsGrp/RealAmt019590
IRS990/GrossSalesOfInventoryAmt01477
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05666
IRS990/InsuranceGrp/TotalAmt05666
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02475
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01956
IRS990/InvestmentIncomeGrp/ExclusionAmt0100526
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0100526
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07365548
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08776157
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09530
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0104376
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0102872
IRS990/LandBldgEquipCostOrOtherBssAmt0112402
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01935468
IRS990/LessRentalExpensesGrp/RealAmt07240
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0139056
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LAUDHOLM TRUST IS DEDICATED TO ADVANCING THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS RESERVE AND TO PRESERVING ITS HISTORIC BUILDINGS. LAUDHOLM TRUST STRIVES TO EXTEND ITS UNIQUE LEGACY BY GALVANIZING COMMUNITY SUPPORT AND INSPIRING ACTIONS THAT PROTECT MAINE'S COASTAL ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08857008
IRS990/NetAssetsOrFundBalancesEOYAmt010944223
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0315353
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0315353
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05442
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05442
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-317
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-317
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt012350
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt012350
IRS990/NetUnrlzdGainsLossesInvstAmt01590833
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02399378
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02998196
IRS990/NoncashContributionsAmt01259
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt09624
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01844
IRS990/OfficeExpensesGrp/ProgramServicesAmt021728
IRS990/OfficeExpensesGrp/TotalAmt033196
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01134114
IRS990/OtherAssetsTotalGrp/EOYAmt01385994
IRS990/OtherChangesInNetAssetsAmt0245880
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt022205
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014196
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015719
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052120
IRS990/OtherExpensesGrp/Desc0RESERVE CAPITAL
IRS990/OtherExpensesGrp/Desc1DONOR RECOGNITION AND CUL
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt09000
IRS990/OtherExpensesGrp/FundraisingAmt1583
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0292
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1559
IRS990/OtherExpensesGrp/ProgramServicesAmt014842
IRS990/OtherExpensesGrp/ProgramServicesAmt1291
IRS990/OtherExpensesGrp/TotalAmt014842
IRS990/OtherExpensesGrp/TotalAmt19000
IRS990/OtherExpensesGrp/TotalAmt21166
IRS990/OtherExpensesGrp/TotalAmt3559
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt081086
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056347
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039614
IRS990/OtherSalariesAndWagesGrp/TotalAmt0177047
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06765
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07040
IRS990/PayrollTaxesGrp/ProgramServicesAmt03742
IRS990/PayrollTaxesGrp/TotalAmt017547
IRS990/PensionPlanContributionsGrp/FundraisingAmt04331
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02769
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03066
IRS990/PensionPlanContributionsGrp/TotalAmt010166
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt030000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0NICHOLAS CHAROV
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0393141
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0330990
IRS990/PYInvestmentIncomeAmt0355314
IRS990/PYOtherExpensesAmt0113547
IRS990/PYOtherRevenueAmt0133608
IRS990/PYRevenuesLessExpensesAmt076288
IRS990/PYSalariesCompEmpBnftPaidAmt0361238
IRS990/PYTotalExpensesAmt0805775
IRS990/PYTotalRevenueAmt0882063
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0250502
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt012350
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0265463
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0789158
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 165,001
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0590856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0393141
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0403750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0418013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0325981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02131741
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt026849
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0126044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt092163
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt086016
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0350662
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05568
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09364
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0165001
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0174365
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65740
IRS990ScheduleA/PublicSupportPY170Pct00.62210
IRS990ScheduleA/PublicSupportTotal170Amt02094885
IRS990ScheduleA/SubstantialContributorsTotAmt036856
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0590856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0393141
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0403750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0418013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0325981
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02131741
IRS990ScheduleA/TotalSupportAmt03186549
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt099526
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0109179
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt074909
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0126408
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0119759
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0529781
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/BoardDesignatedBalanceEOYPct00.29950
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07444667
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0217787
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt09380134
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01973659
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0255979
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07050370
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt017503
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07444667
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0603022
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0226228
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06107584
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt03443
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07050370
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01109993
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0170651
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05417753
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0104000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06107584
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0755222
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0169390
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0147230
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05155468
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt019458

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,093,947
Liabilities
$149,724
Net assets
$10,944,223
Revenue
$1,024,210
Expenses
$773,708
Net income
$250,502
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.9$0.13$11.8$0.87$1.06$0.18
2023Detailed filing. Detailed filing data is available for this year.$11.1$0.17$10.9$0.95$1.04$0.09
2022Detailed filing. Detailed filing data is available for this year.$10.0$0.17$9.85$0.79$0.86$0.07
2021Detailed filing. Detailed filing data is available for this year.$11.1$0.15$10.9$1.02$0.77$0.25
2020Detailed filing. Detailed filing data is available for this year.$8.96$0.10$8.86$0.88$0.81$0.08
2019Detailed filing. Detailed filing data is available for this year.$8.64$0.12$8.52$0.85$0.68$0.17
2018Summary only. Only limited summary data is available for this year.$7.58$0.14$7.44$1.00$0.69$0.30
2017Detailed filing. Detailed filing data is available for this year.$6.86$0.19$6.68$0.80$0.69$0.11
2016Detailed filing. Detailed filing data is available for this year.$6.32$0.17$6.15$0.73$0.61$0.12
2015Detailed filing. Detailed filing data is available for this year.$6.15$0.15$6.00$0.85$0.69$0.16
2014Detailed filing. Detailed filing data is available for this year.$5.83$0.16$5.67$0.63$0.59$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$0.16$5.08$0.65$0.59$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$0.02$4.66$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$0.03$4.62$0.64