Liabilities / Assets
19th percentile
Higher debt load relative to assets than 19% of similar nonprofits.
EIN 01-0446281 • 501(c)3 • Augusta, ME
Profile
To protect the wild character, natural resources, and scenic beauty of the Pierce Pond watershed and preserve traditional public recreational use of the area.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
19th percentile
Higher debt load relative to assets than 19% of similar nonprofits.
Liabilities / Revenue
20th percentile
Higher debt load relative to revenue than 20% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
41st percentile
Higher top officer pay than 41% of similar nonprofits.
Top officer pay equals 1.9% of source-year revenue.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Assets
Down$2,760,315
Down $193,419 (-6.5%) from 2023
Liabilities
Down$6
Down $7 (-54%) from 2023
Net Assets
Down$2,760,309
Down $193,412 (-6.5%) from 2023
Revenue
Up$231,548
Up $64,061 (+38%) from 2023
Expenses
Up$134,404
Up $30,553 (+29%) from 2023
Net Income
Up$97,144
Up $33,508 (+53%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Wilderness Conservation
To protect the wild character, natural resources, and scenic beauty of the Pierce Pond watershed and preserve traditional public recreational use of the area.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,018,358 | $1,044,050 | ▲ $25,692 |
| Land, Buildings, and Equipment, Net | $731,729 | $385,801 | ▼ $345,928 |
| Cash and Non-Interest-Bearing Accounts | $57,323 | $52,959 | ▼ $4,364 |
| Accounts Receivable | - | $0 | - |
| 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 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $2,953,734 | $2,760,315 | ▼ $193,419 |
| Other Assets Total | $1,146,324 | $1,277,505 | ▲ $131,181 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $13 | $6 | ▼ $7 |
| Total Liabilities | $13 | $6 | ▼ $7 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,953,721 | $2,066,550 | ▼ $887,171 |
| Net Assets With Donor Restrictions | - | $693,759 | - |
| Total Net Assets Fund Balance | $2,953,721 | $2,760,309 | ▼ $193,412 |
| Total Liabilities and Net Assets / Fund Balance | $2,953,734 | $2,760,315 | ▼ $193,419 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $385,801 | - | - |
| Equipment | - | $709 | - |
| Leasehold Improvements | - | $8,760 | - |
| Other Assets Org | $1 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $698,544 | $500 | - | $5,286 | $693,759 |
| 2023 | $684,456 | $14,088 | - | - | $698,544 |
| 2022 | $689,252 | - | ▲ $1 | $4,797 | $684,456 |
| 2021 | $479,469 | $220,879 | ▲ $7 | $11,103 | $689,252 |
| 2020 | $393,413 | $104,500 | ▲ $19 | $18,463 | $479,469 |
| Name | Title | Base | Total |
|---|---|---|---|
| Kate Drummond | Director | $4,500 | $4,500 |
| Name | Title |
|---|---|
| Anne Dougherty | President |
| Ann Messinger | Vice President |
| Charles Burnham | Director |
| Chas Gill | Director |
| Chris Leo | Director |
| Christina Jackson | Director |
| David Peppard | Director |
| David Wallace | Director |
| Derek Pierce | Director |
| Elizabeth Ekstrom | Director |
| Isaiah Peppard | Director |
| Jane Podkaminer | Director |
| Jaysen Cobb | Director |
| Jim Norris | Director |
| John Gibson | Director |
| Michael Peluso | Director |
| David Soule | Secretary |
| Matthew Capofreddi | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $129,904 |
| Total Fundraising Expense | $16,604 |
| Salaries, Compensation, and Employee Benefits | $4,500 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $45,631 | $22,221 | $9,951 | $77,803 |
| Fees for Service Investment Mgmnt Fees | - | $9,063 | - | $9,063 |
| Insurance | $3,708 | $2,683 | - | $6,391 |
| All Other Expenses | $871 | $908 | $3,036 | $4,815 |
| Current Officers, Directors, Trustees, and Key Employees | $4,500 | - | - | $4,500 |
| Office Expenses | $1,910 | $278 | $90 | $2,278 |
| Other Expenses | $366 | $932 | $727 | $2,025 |
| Fees for Services Accounting | - | $1,702 | - | $1,702 |
| Travel | $748 | $472 | - | $1,220 |
| Fees for Services Legal | $-1,000 | - | - | $-1,000 |
| Total Functional Expenses | $78,535 | $39,265 | $16,604 | $134,404 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $18,551 |
| Fundraising Direct Expenses | $10,756 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Auction | $18,551 | $18,551 | $1,115 | $17,436 |
| Total Events | $18,551 | $18,551 | $10,756 | $7,795 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Kate Drummond | Board Member | Contract Services | No | $4,500 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“David and isaiah peppard - both are directors and have a family relationship.charles burnham and beth ekstrom - both are directors and have a family relationship.”
“One class of membership is open to any person, including an individual, trust, estate, partnership, associaition, municipality, company or corporation, that makes a contribution in cash or in kind which is in keeping with the policies of the corporation shall become a member of the corporation. Membership of any member shall terminate at the end of the period for which said member has made an appropriate contribution. The by-laws "prohibition against private gain", states no officer, director or member shall receive any pay, compenstaion, or benefit from mwwt for theeir duties or membership.”
“For the purpose of voting, each member in good stanidng is entitled to one vote, a meetings called for the purpose of electing directors and transacting other business.”
“The board of directors shall be elected from the membership at the annual meeting of the corporation by the members. The board manages the property, affairs & activities of the corporation. Members may also call special meeting of the members expressly for the purpose of removal of the entire board of directors or any individual director may be removed, with or without cause, by vote of a 2/3 majority of the members present and voting.”
“The Treasurer approves Form 990.”
“Ongoing discussions at Board meetings.”
“No documents available to the public.”
“Easements were reported as assets in error in previous years. These were removed with an adjustment of $349,005pre-aquisition costs associated with fee property were incorrectly reported as expenses vs as part of the asset. An adjustment of $3,077 is reflected on part x line 10a. Total of these adjustments total $345,928”
“Mwwt has a written monitoing and enforcement policy.”
“The conservation easements are not treated as assets in the organization's financial statements because they are considered to have no value. No new easements aquired in the current year.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 6 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To protect the wild character, natural resources, and scenic beauty of the Pierce Pond watershed and preserve traditional public recreational use of the area. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherContributionsAmt | 0 | 22553 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 3036 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 908 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 871 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 4815 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KYLE MCCASKILL |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2078354535 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 5660 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | AUGUSTA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ME |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 04332 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 57323 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 52959 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 4500 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 4500 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
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| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | true |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYContributionsGrantsAmt | 0 | 104681 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherExpensesAmt | 0 | 129904 |
| IRS990/CYOtherRevenueAmt | 0 | 8540 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2784 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 97144 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 4500 |
| IRS990/CYTotalExpensesAmt | 0 | 134404 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 16604 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 231548 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | Stewardship: In 2024, MWWT engaged in a partnership with Somerset Woods Trustees to hire a part-time Stewardship Coordinator to take over caretaker duties as well as new ones, including improving easement-landowner relations. The new Stewardship Coordinator managed MWWTs 2024 trail volunteer day, during which 12 volunteers brushed all of PPWTs trails. She maintained the Otter Pond Cove campsite, maintained all trails, mitigated the impacts to trails of commercial timber harvest activity, and engaged in water-quality monitoring activities and conservation-easement monitoring. MWWT hired a summer intern for the second time, via collaborations with Maine Coast Heritage Trust and Somerset Woods Trustees that offset a large portion of the costs. The intern was supervised by the new Stewardship Coordinator and assisted with trail maintenance, water-quality monitoring, and educational programming.MWWT entered into a program through New England Forestry Foundation (NEFF) and the USDA Natural Resources Conservation Service (NRCS) in which subsidies are provided to support conservation-oriented forest practices.. The first step in the program was to conduct a timber inventory and updated forest management plan for MWWTs watershed lands.MWWT representatives met with a team from Weyerhaeuser after learning that the company would be conducting timber harvests that would affect MWWT trails. They coordinated plans for communications, signage, and ways to minimize the inevitable impacts.In 2024 MWWT purchased water-quality monitoring equipment and initiated a water-quality monitoring program. Two types of WQ monitoring equipment were purchased out of prior dedicated/restricted donations from prior years: A dissolved-oxygen meter Temperature gauges to set in Lower, Middle, and Upper Pierce Pond at regular depth intervals to monitor temperature gradients throughout the season.MWWT personnel received training on both types of equipment from Maine Lakes. The Stewardship Coordinator will be the WQ point person going forward.The Anglers-Survey research project to track fish catches and prey was expanded via a drawing for a fly-rod outfit. These efforts were conducted in partnership with Cobbs Camps, Maine Department of Inland Fisheries and Wildlife, Maine Department of Environmental Protection, and Maine Lakes. 103 angler logs were submitted this year compared to 76 last year.MWWT once again partnered with Maine Audubon on the 2024 Pierce Pond loon count, an important yearly citizen-science project that helps track and understand populations of this iconic species. |
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| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 693759 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 39729 |
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| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1702 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | -1000 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | -1000 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 9951 |
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| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 77803 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 9063 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Kate Drummond |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ANNE DOUGHERTY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Ann Messinger |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Matthew Capofreddi |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | David Soule |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Charles Burnham |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Jaysen Cobb |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Elizabeth Ekstrom |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | John Gibson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Chas Gill |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Christina Jackson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Chris Leo |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Jim Norris |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Michael Peluso |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | David Peppard |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Isaiah Peppard |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Derek Pierce |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Jane Podkaminer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | David Wallace |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Education/Outreach: Building on MWWTs initial 2022 efforts at educational programming, which is intended to attract new, younger outdoor enthusiasts to the watershed to support its conservation, 2024 educational programming was as follows: A Memorial Weekend Birding Program Eight half-day skill and naturalist programs offered in July and August at Cobbs Camps. A fly fishing program with Maine IF&W at Cobbs Camps The transitional biome of the area creates enhanced biodiversity for the bird-watching program. Participants observed 35 species of birds and identified calls from 11 more. Half-day sessions included a flora and fauna tour, a naturalist program, campfire building and cooking, and learning to fly-cast. Participants learned outdoor skills and twenty-two new people were exposed to the watershed for the first time. In addition, contact was made with potential educational programming partners at Chewonki, Bowdoin College, and Maine Audubon.MWWT's Annual Members Meeting and Banquet was held on April 24. Presentations at the Members Meeting and during the evening educated members about issues in the Pierce Pond watershed and MWWTs initiatives to address them. The evenings activities also serve to build engagement and interest in conservation of the Pierce Pond watershed.The annual MWWT newsletter is one of the Trusts main vehicles for educating supporters about the watershed and about Trust stewardship and protection activities. The 2024 edition was published in October, with a lead article explaining what stewardship is, why it is important, and how MWWT is fulfilling its stewardship responsibilities in the watershed. Other articles explained how the donations MWWT receives are spent/allocated, and what the activities of the Stewardship Coordinator and Intern consisted of in 2024. Another article explored the history of an iconic Pierce Pond location. The newsletter is mailed to all members and also published online. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Land Protection: MWWT works cooperatively with other watershed landowners to conserve the wildlife, water quality, and other natural resources of the Pierce Pond watershed. MWWT has conserved 10,500 acres and over 30 miles of shoreline through the purchase of conservation easements and land. MWWT has established agreements with two sporting camps to ensure the continued traditional operation of these historic camps.In 2024, MWWT continued its efforts in support of acquisition of the 6,800 acres of watershed lands that are currently under commercial timber management. After learning that the landowner, Weyerhaeuser, had a new national director of conservation, two MWWT leaders arranged a meeting with the new conservation director to explain MWWTs goals and learn about Weyerhaeuser's changing priorities. In addition, MWWT representatives continued the search for appropriate swap parcels that would allow for Weyerhaeusers continued fulfillment of their SAPPI contract in the event of a land sale to MWWT. |
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