Civic Intelligence

Andover Educational Fund Inc.

990EZ • Fiscal year 2018 • EIN 01-0451997

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 07, 2018

Organization ProfileN/A
PO Box 32Andover, ME 04216

(207) 392-1235

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

79th percentile

23%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

52nd percentile

2.5%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-35%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$373,783

Up $9,155 (+2.5%) from 2017

Net Assets

$373,783

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin79th percentile

Revenue

Down

$39,378

Down $21,410 (-35%) from 2017

Expenses

Down

$30,223

Down $7,744 (-20%) from 2017

Net Income

Down

$9,155

Down $13,666 (-60%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$600K$400K$200K$0Assets 2011: $349,725Liabilities 2011: $02011Assets 2012: $316,835Liabilities 2012: $02012Assets 2013: $344,652Liabilities 2013: $02013Assets 2014: $382,460Liabilities 2014: $02014Assets 2015: $366,464Liabilities 2015: $02015Assets 2016: $341,807Liabilities 2016: $02016Assets 2017: $364,628Liabilities 2017: $02017Assets 2018: $373,783Liabilities 2018: $0Net Assets 2018: $373,7832018Assets 2019: $378,839Liabilities 2019: $0Net Assets 2019: $378,8392019Assets 2020: $379,099Liabilities 2020: $0Net Assets 2020: $379,0992020Assets 2021: $442,881Liabilities 2021: $0Net Assets 2021: $442,8812021Assets 2022: $413,240Liabilities 2022: $0Net Assets 2022: $413,2402022Assets 2024: $492,342Liabilities 2024: $0Net Assets 2024: $492,3422024

Highlighted filing

2018

Assets$373,783
Liabilities$0
Net Assets$373,783
Open 2018 Filing

Operations Trend

Revenue Growth15th percentile

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

$100K$50K$0-$50KRevenue 2011: $79,751Expenses 2011: $54,972Net Income 2011: $24,7792011Revenue 2012: $15,880Expenses 2012: $51,770Net Income 2012: -$35,8902012Revenue 2013: $58,567Expenses 2013: $30,750Net Income 2013: $27,8172013Revenue 2014: $65,991Expenses 2014: $28,183Net Income 2014: $37,8082014Revenue 2015: $17,593Expenses 2015: $33,589Net Income 2015: -$15,9962015Revenue 2016: $6,389Expenses 2016: $31,046Net Income 2016: -$24,6572016Revenue 2017: $60,788Expenses 2017: $37,967Net Income 2017: $22,8212017Revenue 2018: $39,378Expenses 2018: $30,223Net Income 2018: $9,1552018Revenue 2019: $30,748Expenses 2019: $25,692Net Income 2019: $5,0562019Revenue 2020: $33,134Expenses 2020: $32,874Net Income 2020: $2602020Revenue 2021: $76,486Expenses 2021: $12,704Net Income 2021: $63,7822021Revenue 2022: $58,008Expenses 2022: $32,903Net Income 2022: $25,1052022Revenue 2024: $74,655Expenses 2024: $29,599Net Income 2024: $45,0562024

Highlighted filing

2018

Revenue$39,378
Expenses$30,223
Net Income$9,155
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 7, 2018
Return Version
2017v2.2
Gross Receipts
$39,378
Mission and Program Overview

Mission

Provide educational scholarships and awards

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS$2,614$25,900
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DARLENE AKERSPresident-$0--
DARCI NEWMANVice President-$0--
KEITH SMITHTreasurer-$0--
JENNIFER BEANDirector-$0--
SUE MILLSDirector-$0--
JENNIFER MERRILLSecretary-$0--
DIRK MACKNIGHTDirector-$0--
TRACY RAINEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Andover Educational Fund Inc
EIN
01-0451997
Phone
2073921235
Address
PO BOX 32, ANDOVER, ME 04216

Signing Officer

Name
Darlene Akers
Title
President
Signed
2018-09-07
Discuss with paid preparer
Yes

Preparer

Firm
Hoisington & Bean PA
Address
PO Box 353, Norway, ME 04268-0353
Preparer
David Hoisington
Phone
2077436771
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Unrealized invest. Gains $7050”

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: SCHOLARSHIPS | Donee's Address: SEE SCHEDULE | Cash Amount Given: $25900”

Other Expenses.1002

“Office Expenses $1709”

Raw XML Appendix159 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ANDOVER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004216
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0364628
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IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09155
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02614
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsForPublicUseAmt00
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IRS990EZ/InvestmentIncomeAmt016058
IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0373783
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DARLENE AKERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DARCI NEWMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KEITH SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JENNIFER BEAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SUE MILLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JENNIFER MERRILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DIRK MACKNIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TRACY RAINEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01709
IRS990EZ/OtherRevenueTotalAmt07050
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02614
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025900
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt030223
IRS990EZ/TotalProgramServiceExpensesAmt02614
IRS990EZ/TotalRevenueAmt039378
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt076620
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt023108
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0-6701
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03618
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt048582
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0112840
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40440
IRS990ScheduleA/PublicSupportPY170Pct00.38730
IRS990ScheduleA/PublicSupportTotal170Amt076620
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013090
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016730
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt076620
IRS990ScheduleA/TotalSupportAmt0189460
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNREALIZED INVEST. GAINS $7050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: SCHOLARSHIPS | Donee's Address: SEE SCHEDULE | Cash Amount Given: $25900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $1709
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DARLENE AKERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANDOVER EDUCATIONAL FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ANDO
ReturnHeader/Filer/EIN0010451997
ReturnHeader/Filer/PhoneNum02073921235
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 32
ReturnHeader/Filer/USAddress/CityNm0ANDOVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004216
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010431429
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hoisington & Bean PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 353
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Norway
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0042680353
ReturnHeader/PreparerPersonGrp/PhoneNum02077436771
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID HOISINGTON
ReturnHeader/ReturnTs02018-09-07T09:56:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$373,783
Liabilities
$0
Net assets
$373,783
Revenue
$39,378
Expenses
$30,223
Net income
$9,155
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.92$0.00$4.92$0.75$0.30$0.45
2022Detailed filing. Detailed filing data is available for this year.$4.13$0.00$4.13$0.58$0.33$0.25
2021Detailed filing. Detailed filing data is available for this year.$4.43$0.00$4.43$0.76$0.13$0.64
2020Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.33$0.33$0.00
2019Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.31$0.26$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.74$0.00$3.74$0.39$0.30$0.09
2017Summary only. Only limited summary data is available for this year.$3.65$0.00$0.61$0.38$0.23
2016Summary only. Only limited summary data is available for this year.$3.42$0.00$0.06$0.31$0.25
2015Summary only. Only limited summary data is available for this year.$3.66$0.00$0.18$0.34$0.16
2014Summary only. Only limited summary data is available for this year.$3.82$0.00$0.66$0.28$0.38
2013Summary only. Only limited summary data is available for this year.$3.45$0.00$0.59$0.31$0.28
2012Summary only. Only limited summary data is available for this year.$3.17$0.00$0.16$0.52$0.36
2011Summary only. Only limited summary data is available for this year.$3.50$0.00$0.80$0.55$0.25