Civic Intelligence

Wells Auto Museum

990EZ • Fiscal year 2014 • EIN 01-0382821

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 14, 2015

PO Box 496Wells, ME 04090

(207) 646-9064

Siviq Scores

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

Liabilities / Assets

96th percentile

1.45x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

216.78x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

2nd percentile

-362%

Higher net margin than 2% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

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

Asset Growth

42nd percentile

-1.1%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

37th percentile

-6.3%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Down

$381,177

Down $4,262 (-1.1%) from 2013

Net Assets

Down

-$173,344

Down $9,262 (-5.6%) from 2013

Liabilities

Up

$554,521

Up $5,000 (+0.9%) from 2013

Revenue

Down

$2,558

Down $172 (-6.3%) from 2013

Expenses

Up

$11,820

Up $31 (+0.3%) from 2013

Net Income

Down

-$9,262

Down $203 (-2.2%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $407,032Liabilities 2010: $539,401Net Assets 2010: -$132,3692010Assets 2011: $401,839Liabilities 2011: $539,401Net Assets 2011: -$137,5622011Assets 2012: $394,498Liabilities 2012: $549,521Net Assets 2012: -$155,0232012Assets 2013: $385,439Liabilities 2013: $549,521Net Assets 2013: -$164,0822013Assets 2014: $381,177Liabilities 2014: $554,521Net Assets 2014: -$173,3442014Assets 2015: $373,150Liabilities 2015: $554,521Net Assets 2015: -$181,3712015

Highlighted filing

2014

Assets$381,177
Liabilities$554,521
Net Assets-$173,344

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2010: $35,337Expenses 2010: $45,865Net Income 2010: -$10,5282010Revenue 2011: $33,841Expenses 2011: $39,034Net Income 2011: -$5,1932011Revenue 2012: $24,262Expenses 2012: $41,723Net Income 2012: -$17,4612012Revenue 2013: $2,730Expenses 2013: $11,789Net Income 2013: -$9,0592013Revenue 2014: $2,558Expenses 2014: $11,820Net Income 2014: -$9,2622014Revenue 2015: $2,525Expenses 2015: $10,552Net Income 2015: -$8,0272015

Highlighted filing

2014

Revenue$2,558
Expenses$11,820
Net Income-$9,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 14, 2015
Return Version
2014v5.0
Gross Receipts
$2,558
Mission and Program Overview

Mission

To acquire and restore antique automobiles for public display.

Program Services

DescriptionGrantsExpenses
COLLECTION AND UPKEEP OF ANTIQUE AUTOMOBILES.$0$11,820
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY GOULD CREEDTreasurerPT$0--
RICHARD H SPENCERClerkPT$0--
JONATHAN H GOULDDirectorPT$0--
GLENN C GOULD IIIDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Wells Auto Museum
EIN
01-0382821
Phone
2076469064
Address
PO BOX 496, WELLS, ME 04090

Signing Officer

Name
Kenneth Creed
Title
Executive
Phone
2076469064
Signed
2015-10-14

Preparer

Firm
Otis Atwell
Address
324 GANNETT DRIVE, SOUTH PORTLAND, ME 04106
Preparer
Thomas Gioia
Phone
2077801100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 5,918. Description: other expenses. Amount: 1,636. Total to form 990-ez, line 14: 7,554.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: telephone and cable. Amount: 1,311. Description: miscellaneous. Amount: 2,712. Description: supplies. Amount: 173. Description: advertising. Amount: 70. Total to form 990-ez, line 16: 4,266.

Form 990-ez, Part II, Line 24 - Other Assets

Description: donated equipment. Beg. Of year amount: 93,049. End of year amount: 93,049.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 110,000. End of year amount: 110,000. Description: loans from related parties. Beg. Of year amount: 164,521. End of year amount: 169,521. Description: note payable. Beg. Of year amount: 275,000. End of year amount: 275,000.

Raw XML Appendix186 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KENNETH CREED
IRS990EZ/BooksInCareOfDetail/PhoneNum02076469064
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 496
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WELLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004090
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01803
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03459
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0188
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-9262
IRS990EZ/FiledScheduleAInd01
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0290587
IRS990EZ/LandAndBuildingsGrp/EOYAmt0284669
IRS990EZ/LoansToFromOfficersAmt0444521
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-164082
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-173344
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-164082
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-173344
IRS990EZ/OccupancyRentUtltsAndMaintAmt07554
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NANCY GOULD CREED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD H SPENCER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JONATHAN H GOULD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GLENN C GOULD III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt093049
IRS990EZ/OtherAssetsTotalDetail/EOYAmt093049
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04266
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ACQUIRE AND RESTORE ANTIQUE AUTOMOBILES FOR PUBLIC DISPLAY.
IRS990EZ/ProgramServiceRevenueAmt02370
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COLLECTION AND UPKEEP OF ANTIQUE AUTOMOBILES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011820
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0549521
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0554521
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt011820
IRS990EZ/TotalProgramServiceExpensesAmt011820
IRS990EZ/TotalRevenueAmt02558
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0188
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0120
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0220
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0294
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0319
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02370
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02610
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt024042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt033547
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt035018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt097587
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt098728
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02558
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02730
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt024262
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt033841
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt035337
IRS990ScheduleA/Total509Grp/TotalAmt098728
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02730
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt024262
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt033841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt035337
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt098728
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0275000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1129521
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt240000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0EST OF GLENN GOULD JR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO ACQUIRE PROPERTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATING COSTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2OPERATING COSTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0275000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0EST OF GLENN GOULD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1KENNETH CREED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd20
IRS990ScheduleL/TotalBalanceDueAmt0444521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 5,918. DESCRIPTION: OTHER EXPENSES. AMOUNT: 1,636. TOTAL TO FORM 990-EZ, LINE 14: 7,554.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TELEPHONE AND CABLE. AMOUNT: 1,311. DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,712. DESCRIPTION: SUPPLIES. AMOUNT: 173. DESCRIPTION: ADVERTISING. AMOUNT: 70. TOTAL TO FORM 990-EZ, LINE 16: 4,266.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DONATED EQUIPMENT. BEG. OF YEAR AMOUNT: 93,049. END OF YEAR AMOUNT: 93,049.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 110,000. END OF YEAR AMOUNT: 110,000. DESCRIPTION: LOANS FROM RELATED PARTIES. BEG. OF YEAR AMOUNT: 164,521. END OF YEAR AMOUNT: 169,521. DESCRIPTION: NOTE PAYABLE. BEG. OF YEAR AMOUNT: 275,000. END OF YEAR AMOUNT: 275,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH CREED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE
ReturnHeader/BusinessOfficerGrp/PhoneNum02076469064
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELLS AUTO MUSEUM
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0010382821
ReturnHeader/Filer/PhoneNum02076469064
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 496
ReturnHeader/Filer/USAddress/CityNm0WELLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004090
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203690847
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OTIS ATWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0324 GANNETT DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004106
ReturnHeader/PreparerPersonGrp/PhoneNum02077801100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS GIOIA
ReturnHeader/ReturnTs02015-10-14T14:38:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits