Civic Intelligence

Maine Share

990 • Fiscal year 2016 • EIN 01-0444245

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

PO Box 2095Augusta, ME 04338

(207) 622-0105

Siviq Scores

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

Liabilities / Assets

94th percentile

1.13x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

3.69x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

26th percentile

-7.0%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

77th percentile

$70,775

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 41.7% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

7th percentile

-27%

Faster asset growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

5.4%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$553,074

Down $208,409 (-27%) from 2015

Net Assets

Down

-$72,582

Down $11,817 (-19%) from 2015

Liabilities

Down

$625,656

Down $196,592 (-24%) from 2015

Revenue

Up

$169,728

Up $8,729 (+5.4%) from 2015

Expenses

Up

$181,545

Up $979 (+0.5%) from 2015

Net Income

Up

-$11,817

Up $7,750 (+40%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $760,118Liabilities 2011: $787,859Net Assets 2011: -$27,7412011Assets 2012: $737,457Liabilities 2012: $749,426Net Assets 2012: -$11,9692012Assets 2013: $726,948Liabilities 2013: $758,381Net Assets 2013: -$31,4332013Assets 2014: $818,973Liabilities 2014: $860,171Net Assets 2014: -$41,1982014Assets 2015: $761,483Liabilities 2015: $822,248Net Assets 2015: -$60,7652015Assets 2016: $553,074Liabilities 2016: $625,656Net Assets 2016: -$72,5822016Assets 2017: $541,795Liabilities 2017: $606,811Net Assets 2017: -$65,0162017Assets 2018: $503,704Liabilities 2018: $584,140Net Assets 2018: -$80,4362018Assets 2019: $412,574Liabilities 2019: $430,485Net Assets 2019: -$17,9112019Assets 2020: $369,892Liabilities 2020: $353,142Net Assets 2020: $16,7502020Assets 2021: $6,720Liabilities 2021: $4,256Net Assets 2021: $2,4642021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2016

Assets$553,074
Liabilities$625,656
Net Assets-$72,582

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $166,2202011Expenses 2012: $159,0152012Revenue 2013: $151,003Expenses 2013: $170,697Net Income 2013: -$19,6942013Revenue 2014: $165,772Expenses 2014: $175,664Net Income 2014: -$9,8922014Revenue 2015: $160,999Expenses 2015: $180,566Net Income 2015: -$19,5672015Revenue 2016: $169,728Expenses 2016: $181,545Net Income 2016: -$11,8172016Revenue 2017: $187,571Expenses 2017: $180,005Net Income 2017: $7,5662017Revenue 2018: $154,609Expenses 2018: $170,029Net Income 2018: -$15,4202018Revenue 2019: $175,607Expenses 2019: $145,254Net Income 2019: $30,3532019Revenue 2020: $144,339Expenses 2020: $109,678Net Income 2020: $34,6612020Revenue 2021: $152,296Expenses 2021: $109,199Net Income 2021: $43,0972021

Highlighted filing

2016

Revenue$169,728
Expenses$181,545
Net Income-$11,817
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$169,983
Mission and Program Overview

Mission

Maineshare's mission is to provide support to organizations doing progressive social justice and root cause work in maine and to raise public awareness of their work.

Maineshare's mission is to provide significant support to organizations doing progressive social justice and root cause work in maine and to raise awareness of their work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$472,295$285,603▼ $186,692
Cash and Non-Interest-Bearing Accounts$100,416$174,353▲ $73,937
Savings and Temporary Cash Investments$187,050$91,969▼ $95,081
Land, Buildings, and Equipment, Net$1,722$1,149▼ $573
Total Assets$761,483$553,074▼ $208,409
Liabilities
Other Liabilities$738,616$529,280▼ $209,336
Mortgage Notes Payable Secured by Investment Property-$42,506-
Deferred Revenue$28,907$26,471▼ $2,436
Accounts Payable and Accrued Expenses$24,515$19,005▼ $5,510
Unsecured Notes Loans Payable$30,210$8,394▼ $21,816
Total Liabilities$822,248$625,656▼ $196,592
Net Assets / Fund Balance
Unrestricted Net Assets$-60,765$-72,582▼ $11,817
Total Net Assets Fund Balance$-60,765$-72,582▼ $11,817
Total Liabilities and Net Assets / Fund Balance$761,483$553,074▼ $208,409

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,149$11,206$12,355
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Catherine CroninExecutive DiFT$70,775$70,775

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$58,313
Program Service Revenue
$102,307
Investment Income
$108
Other Revenue
$9,000
All Other Contributions
$55,012
Change in Net Assets
$-11,817

Audited Revenue Reconciliation

Revenue per Audited Statements
$169,728
Revenue Not Reported on Form 990
$255
Total Revenue per Audited Statements
$169,983
Total Revenue per Form 990
$169,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$124,457
Other Expenses$57,088
Total Fundraising Expense$8,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$62,283$4,953$3,539$70,775
Other Salaries and Wages$39,239$3,122$2,229$44,590
Payroll Taxes$8,002$636$454$9,092
Office Expenses$8,074$642$206$8,922
Fees for Services Accounting$7,743$616$440$8,799
Interest-$5,863-$5,863
Occupancy$3,715$295$211$4,221
Information Technology$3,489$277$199$3,965
Travel$2,779$222$158$3,159
Fees for Services Other$2,467$195$141$2,803
All Other Expenses$2,276$183$129$2,588
Insurance$2,227$176$127$2,530
Other Expenses$1,206$96$69$1,371
Depreciation Depletion$504$40$29$573
Advertising$377$30$21$428
Total Functional Expenses$154,823$18,177$8,545$181,545

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$181,800
Expenses per Audited Statements$181,545
Total Expenses per Form 990$181,545
Expenses Not Reported on Form 990$255
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,058
Fundraising Direct Expenses$255
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Designated Charities$529,280
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 11B

The form 990 is prepared by our independent auditors, and then reveiwed by the executive director and made available to all board members prior to filing.

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

Each year we require our board of directors to sign a conflict of interest policy disclosure. Officers, directors, board members and key employees are required to disclose any relationships that are contrary to our policy.

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

All salaries are reviewed annually. The executive committee reviews the executive director's current compensation, taking into consideration length of service, recent performance evaluation and budgetary constraints. The executive committee then makes a recommendation to the board about the executive director's compensatation for the next fiscal year.

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

The executive director reviews the compensation of all other staff, taking into consideration length of service, recent performance evaluations and budgetary constraints, and then makes a recommendation to the board of directors about the compensation of all other staff.

Form 990, Page 6, Part VI, Line 19

We post our financial statements and tax return on our website. Guidestar carries a copy of our 990 tax filings and we make all of these documents available upon request. We will send hardcopies if required.

Filing and Contact Details

Filer

Filer Name
Maineshare
EIN
01-0444245
Phone
2076220105
Address
PO BOX 2095, AUGUSTA, ME 04338

Signing Officer

Name
Catherine Cronin
Title
Executive Director
Phone
2076220105
Signed
2017-11-14

Organization Details

Principal Officer
Catherine Cronin
Formed
1989
Legal Domicile
Me
Voting Board Members
11
Independent Board Members
11
Employees
2

Preparer

Firm
Smith & Associates Cpas
Address
500 US ROUTE 1 STE 102, YARMOUTH, ME 04096-6817
Preparer
Peter J Hall CPA
Phone
2078468881
Supplemental Narrative

Additional Explanations

Form 990, Part X

Through december 31, 2015 the organization's practice was to record pledges receivable offset by corresponding amounts due to designated charities (pledges payable) for both its own campaigns as well as for the msecca campaign. During the year ended december 31, 2016 it was determined that a more appropriate treatment was to record such pledges receivable and offsetting liabilities for the organization's own campaigns, but not for those administered for msecca, as the underlying commitments made by the msecca donors were to msecca, and not to maineshare. Accordingly, for 2016, pledges receivable (and the corresponding amounts to due to designated charities) relate only to the organization's own campaigns.

Form 990, Part XI, Line 9

Special events expenses 255 special events expenses -255

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles. Income tax benefits are recognized for income tax positions taken or expected to be taken in a a tax return only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. It is the opinion of management that the organization had no uncertain positions that qualify for recognition or disclosure in the financial statements. The organization is subject to examinations by tax authorities for three years following the filing of the return.

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

Special events expenses 255

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

Special events expenses 255

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0MAINESHARE PROVIDES AN EASY WAY TO DONATE TO OVER 30 STATEWIDE ORGANIZATIONS WORKING EVERYDAY TO MAKE MAINE A BETTER PLACE TO LIVE. THROUGH PAYROLL GIVING, CONTRIBUTIONS AND DIRECT GIFTS, DONORS HELP THESE ORGANIZATIONS ACHIEVE GOOD HEALTH, ENVIRONMENTAL PROTECTION, SAFE COMMUNITIES, ECONOMIC OPPORTUNITY, HUMAN RIGHTS, ANIMAL WELFARE, PEACE, AND MUCH MORE. YEAR-ROUND CHARITABLE GIVING THROUGH WORKPLACE CAMPAIGNS PROVIDES THESE GROUPS WITH A STEADY FLOW OF DOLLARS TO KEEP IMPORTANT PROGRAMS GOING.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A A TAX RETURN ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. IT IS THE OPINION OF MANAGEMENT THAT THE ORGANIZATION HAD NO UNCERTAIN POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR THREE YEARS FOLLOWING THE FILING OF THE RETURN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS EXPENSES 255
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS EXPENSES 255
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY OUR INDEPENDENT AUDITORS, AND THEN REVEIWED BY THE EXECUTIVE DIRECTOR AND MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR WE REQUIRE OUR BOARD OF DIRECTORS TO SIGN A CONFLICT OF INTEREST POLICY DISCLOSURE. OFFICERS, DIRECTORS, BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY RELATIONSHIPS THAT ARE CONTRARY TO OUR POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL SALARIES ARE REVIEWED ANNUALLY. THE EXECUTIVE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S CURRENT COMPENSATION, TAKING INTO CONSIDERATION LENGTH OF SERVICE, RECENT PERFORMANCE EVALUATION AND BUDGETARY CONSTRAINTS. THE EXECUTIVE COMMITTEE THEN MAKES A RECOMMENDATION TO THE BOARD ABOUT THE EXECUTIVE DIRECTOR'S COMPENSATATION FOR THE NEXT FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR REVIEWS THE COMPENSATION OF ALL OTHER STAFF, TAKING INTO CONSIDERATION LENGTH OF SERVICE, RECENT PERFORMANCE EVALUATIONS AND BUDGETARY CONSTRAINTS, AND THEN MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS ABOUT THE COMPENSATION OF ALL OTHER STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WE POST OUR FINANCIAL STATEMENTS AND TAX RETURN ON OUR WEBSITE. GUIDESTAR CARRIES A COPY OF OUR 990 TAX FILINGS AND WE MAKE ALL OF THESE DOCUMENTS AVAILABLE UPON REQUEST. WE WILL SEND HARDCOPIES IF REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THROUGH DECEMBER 31, 2015 THE ORGANIZATION'S PRACTICE WAS TO RECORD PLEDGES RECEIVABLE OFFSET BY CORRESPONDING AMOUNTS DUE TO DESIGNATED CHARITIES (PLEDGES PAYABLE) FOR BOTH ITS OWN CAMPAIGNS AS WELL AS FOR THE MSECCA CAMPAIGN. DURING THE YEAR ENDED DECEMBER 31, 2016 IT WAS DETERMINED THAT A MORE APPROPRIATE TREATMENT WAS TO RECORD SUCH PLEDGES RECEIVABLE AND OFFSETTING LIABILITIES FOR THE ORGANIZATION'S OWN CAMPAIGNS, BUT NOT FOR THOSE ADMINISTERED FOR MSECCA, AS THE UNDERLYING COMMITMENTS MADE BY THE MSECCA DONORS WERE TO MSECCA, AND NOT TO MAINESHARE. ACCORDINGLY, FOR 2016, PLEDGES RECEIVABLE (AND THE CORRESPONDING AMOUNTS TO DUE TO DESIGNATED CHARITIES) RELATE ONLY TO THE ORGANIZATION'S OWN CAMPAIGNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SPECIAL EVENTS EXPENSES 255 SPECIAL EVENTS EXPENSES -255
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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