Civic Intelligence

Andover Educational Fund Inc.

990EZ • Fiscal year 2019 • EIN 01-0451997

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 10, 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

49th percentile

1.4%

Faster asset growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

23rd percentile

-22%

Faster revenue growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$378,839

Up $5,056 (+1.4%) from 2018

Net Assets

Up

$378,839

Up $5,056 (+1.4%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin72nd percentile

Revenue

Down

$30,748

Down $8,630 (-22%) from 2018

Expenses

Down

$25,692

Down $4,531 (-15%) from 2018

Net Income

Down

$5,056

Down $4,099 (-45%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth49th 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

2019

Assets$378,839
Liabilities$0
Net Assets$378,839
Open 2019 Filing

Operations Trend

Revenue Growth23rd 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

2019

Revenue$30,748
Expenses$25,692
Net Income$5,056
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Sep 10, 2019
Return Version
2018v3.1
Gross Receipts
$30,748
Mission and Program Overview

Mission

Provide educational scholarships and awards

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS$2,309$20,845
Compensation and Service Providers
Top Officer Pay77th 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--
KAREN THURSTONDirector-$0--
SARAH BROOKSDirector-$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
2019-09-10
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

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

“| Donee's Name: SCHOLARSHIPS | Donee's Address: SEE SCHEDULE | Cash Amount Given: $20845”

Other Expenses.1002

“Office Expenses $1209”

Other Expenses.1

“INVESTMENT LOSSES $1553”

Raw XML Appendix166 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/OfficerDirectorTrusteeEmplGrp/PersonNm0DARLENE AKERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DARCI NEWMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KEITH SMITH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SUE MILLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JENNIFER MERRILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DIRK MACKNIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TRACY RAINEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8KAREN THURSTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9SARAH BROOKS
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/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02762
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02309
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020845
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025692
IRS990EZ/TotalProgramServiceExpensesAmt02309
IRS990EZ/TotalRevenueAmt030748
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt016555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt075395
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013690
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03618
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt077948
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49170
IRS990ScheduleA/PublicSupportPY170Pct00.40440
IRS990ScheduleA/PublicSupportTotal170Amt075395
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015505
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt075395
IRS990ScheduleA/TotalSupportAmt0153343
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: SCHOLARSHIPS | Donee's Address: SEE SCHEDULE | Cash Amount Given: $20845
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1209
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVESTMENT LOSSES $1553
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DARLENE AKERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-10
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/PreparerPersonNm0Mikenzi Merrill CPA
ReturnHeader/ReturnTs02019-09-10T12:38:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$378,839
Liabilities
$0
Net assets
$378,839
Revenue
$30,748
Expenses
$25,692
Net income
$5,056
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