Civic Intelligence

Andover Educational Fund Inc.

990EZ • Fiscal year 2021 • EIN 01-0451997

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 28, 2021

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

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

63rd percentile

17%

Faster asset growth than 63% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

88th percentile

131%

Faster revenue growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$442,881

Up $63,782 (+17%) from 2020

Net Assets

Up

$442,881

Up $63,782 (+17%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin96th percentile

Revenue

Up

$76,486

Up $43,352 (+131%) from 2020

Expenses

Down

$12,704

Down $20,170 (-61%) from 2020

Net Income

Up

$63,782

Up $63,522 (+24432%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth63rd 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

2021

Assets$442,881
Liabilities$0
Net Assets$442,881
Open 2021 Filing

Operations Trend

Revenue Growth88th 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

2021

Revenue$76,486
Expenses$12,704
Net Income$63,782
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 28, 2021
Return Version
2020v4.0
Gross Receipts
$76,486
Mission and Program Overview

Mission

Provide educational scholarships and awards

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DARLENE AKERSPresident-$0--
SCOTT OWINGSDirector-$0--
KEITH SMITHTreasurer-$0--
JENNIFER BEANDirector-$0--
JENNIFER MERRILLSecretary-$0--
TRACY RAINEYDirector-$0--
KAREN THURSTONDirector-$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
2021-09-28
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other Revenue.1

“Unrealized invest. Gains $48745”

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

“| Donee's Name: SCHOLARSHIPS | Donee's Address: SEE SCHEDULE | Cash Amount Given: $8137”

Other Expenses.1002

“Office Expenses $2379”

Raw XML Appendix158 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/BOYAmt0379099
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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DARLENE AKERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SCOTT OWINGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KEITH SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JENNIFER BEAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JENNIFER MERRILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TRACY RAINEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KAREN THURSTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02379
IRS990EZ/OtherRevenueTotalAmt048745
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS AND AWARDS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt012704
IRS990EZ/TotalRevenueAmt076486
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt017915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt082759
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt059913
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0-2817
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013690
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023108
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt044233
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0138127
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.37470
IRS990ScheduleA/PublicSupportPY170Pct00.52590
IRS990ScheduleA/PublicSupportTotal170Amt082759
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016514
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016555
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt082759
IRS990ScheduleA/TotalSupportAmt0220886
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNREALIZED INVEST. GAINS $48745
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: SCHOLARSHIPS | Donee's Address: SEE SCHEDULE | Cash Amount Given: $8137
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $2379
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DARLENE AKERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-28
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
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 353
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Norway
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004268
ReturnHeader/PreparerPersonGrp/PhoneNum02077436771
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mikenzi Merrill CPA
ReturnHeader/ReturnTs02021-09-28T10:46:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DARLENE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AKERS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$442,881
Liabilities
$0
Net assets
$442,881
Revenue
$76,486
Expenses
$12,704
Net income
$63,782
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