Civic Intelligence

Maine Timber Research and Environmental Education Foundation

990 • Fiscal year 2013 • EIN 01-0453264

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 17, 2014

PO Box 5470Augusta, ME 04332-5470

(207) 621-9872

Siviq Scores

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

Liabilities / Assets

50th percentile

0.05x

Higher debt load relative to assets than 50% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

59th percentile

0.08x

Higher debt load relative to revenue than 59% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

80th percentile

$70,942

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

80th percentile

22%

Faster asset growth than 80% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

61st percentile

11%

Faster revenue growth than 61% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Up

$677,877

Up $120,976 (+22%) from 2012

Net Assets

Up

$642,878

Up $146,483 (+30%) from 2012

Liabilities

Down

$34,999

Down $25,507 (-42%) from 2012

Revenue

Up

$443,559

Up $43,334 (+11%) from 2012

Expenses

Up

$297,076

Up $10,026 (+3.5%) from 2012

Net Income

Up

$146,483

Up $33,308 (+29%) from 2012

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $448,580Liabilities 2011: $65,360Net Assets 2011: $383,2202011Assets 2012: $556,901Liabilities 2012: $60,506Net Assets 2012: $496,3952012Assets 2013: $677,877Liabilities 2013: $34,999Net Assets 2013: $642,8782013Assets 2014: $3,564,760Liabilities 2014: $10,074Net Assets 2014: $3,554,6862014Assets 2015: $3,425,300Liabilities 2015: $6,050Net Assets 2015: $3,419,2502015Assets 2016: $3,506,822Liabilities 2016: $3,716Net Assets 2016: $3,503,1062016Assets 2017: $3,793,264Liabilities 2017: $0Net Assets 2017: $3,793,2642017Assets 2018: $3,569,234Liabilities 2018: $43,379Net Assets 2018: $3,525,8552018Assets 2019: $3,947,204Liabilities 2019: $40,422Net Assets 2019: $3,906,7822019Assets 2020: $4,279,438Liabilities 2020: $34,416Net Assets 2020: $4,245,0222020Assets 2021: $4,898,823Liabilities 2021: $70,030Net Assets 2021: $4,828,7932021Assets 2022: $4,323,657Liabilities 2022: $5,719Net Assets 2022: $4,317,9382022Assets 2023: $4,713,740Liabilities 2023: $12,208Net Assets 2023: $4,701,5322023Assets 2024: $5,088,724Liabilities 2024: $27,242Net Assets 2024: $5,061,4822024

Highlighted filing

2013

Assets$677,877
Liabilities$34,999
Net Assets$642,878

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $454,669Expenses 2011: $260,409Net Income 2011: $194,2602011Revenue 2012: $400,225Expenses 2012: $287,050Net Income 2012: $113,1752012Revenue 2013: $443,559Expenses 2013: $297,076Net Income 2013: $146,4832013Revenue 2014: $709,867Expenses 2014: $404,476Net Income 2014: $305,3912014Revenue 2015: $469,870Expenses 2015: $449,939Net Income 2015: $19,9312015Revenue 2016: $365,796Expenses 2016: $452,064Net Income 2016: -$86,2682016Revenue 2017: $455,031Expenses 2017: $502,718Net Income 2017: -$47,6872017Revenue 2018: $431,854Expenses 2018: $466,626Net Income 2018: -$34,7722018Revenue 2019: $359,310Expenses 2019: $479,852Net Income 2019: -$120,5422019Revenue 2020: $652,065Expenses 2020: $492,856Net Income 2020: $159,2092020Revenue 2021: $834,806Expenses 2021: $586,459Net Income 2021: $248,3472021Revenue 2022: $525,338Expenses 2022: $515,557Net Income 2022: $9,7812022Revenue 2023: $1,722,341Expenses 2023: $679,606Net Income 2023: $1,042,7352023Revenue 2024: $769,614Expenses 2024: $844,416Net Income 2024: -$74,8022024

Highlighted filing

2013

Revenue$443,559
Expenses$297,076
Net Income$146,483
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 17, 2014
Return Version
2013v3.0
Gross Receipts
$444,312
Mission and Program Overview

Mission

The Foundation educates and advocates for the sustainable use of the forest and the ecological, economic and social health of Maine's forest community.

To develop and sponsor programs that increase the public's awareness of and appreciation for the Maine forest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$499,531$606,336▲ $106,805
Cash and Non-Interest-Bearing Accounts$39,135$69,381▲ $30,246
Accounts Receivable$16,734$1,255▼ $15,479
Land, Buildings, and Equipment, Net$799$860▲ $61
Total Assets$556,901$677,877▲ $120,976
Other Assets Total$702$45▼ $657
Liabilities
Deferred Revenue$60,506$34,999▼ $25,507
Total Liabilities$60,506$34,999▼ $25,507
Net Assets / Fund Balance
Unrestricted Net Assets$496,395$642,878▲ $146,483
Total Net Assets Fund Balance$496,395$642,878▲ $146,483
Total Liabilities and Net Assets / Fund Balance$556,901$677,877▲ $120,976

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$860$5,395$6,255

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$349,452$144,473▲ $665-$494,590
2012$213,667$135,303▲ $482-$349,452
2011$3,600$209,751▲ $316-$213,667
2010-$3,600--$3,600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sherry F HuberExecutive DirectorFT$67,041$3,901$70,942

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$371,009
Program Service Revenue
$68,052
Investment Income
$831
Other Revenue
$3,667
All Other Contributions
$371,009
Change in Net Assets
$146,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$176,614
Other Expenses$120,462
Total Fundraising Expense$14,697
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$28,592$57,733$2,859$89,184
Current Officers, Directors, Trustees, and Key Employees$24,829$35,472$10,641$70,942
Payroll Taxes$4,036$7,075$1,002$12,113
Fees for Services Other$9,628$991-$10,619
Office Expenses$4,451$5,122-$9,573
Travel-$7,452-$7,452
Other Employee Benefits$1,950$2,230$195$4,375
Occupancy-$3,960-$3,960
Fees for Services Legal-$3,866-$3,866
Other Expenses$6,309$3,054-$3,054
Fees for Services Accounting-$2,810-$2,810
Conferences and Meetings$686--$686
Depreciation Depletion-$327-$327
Total Functional Expenses$152,287$130,092$14,697$297,076
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,420
Fundraising Direct Expenses$753
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Part VI, Section B, line 11

The 990 is reviewed by the Executive Director for accuracy of financial information and disclosure before distribution to the Foundation Board for review. Comments from the Board are submitted to the Finance Committee. Upon completion of the Board review, the final 990 is reviewed and signed by the Executive Director.

Form 990, Part VI, Section B, line 12C

In the event of a potential conflict involving Board members, it is the obligation of the Board member to bring the matter to the attention of the President of the Board who will refer the matter to the Executive Committee of the Board to review, make recommendations and disclose actions taken at the next board meeting. The facts and circumstances surrounding the potential conflict and the recommended course of action to be taken to mitigate the Foundation's participation in the conflict will be documented. At a minimum the mitigation actions should include asking the individual involved in the potential conflict to recuse him or herself from any involvement in decisions pertaining to the potential conflict.

Form 990, Part VI, Section B, line 15

Compensation for the Executive Director and other key employees is determined by the President and approved by the Board of Directors.

Form 990, Part VI, Section C, line 19

The Maine Tree Foundation makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
01-0453264
Phone
2076219872

Signing Officer

Name
Sherry Huber
Title
Executive Director
Phone
2076219872
Signed
2014-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
G Bruce Wiersma
Formed
1989
Legal Domicile
Me
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
40

Preparer

Preparer
Jeanne T Gibson CPA
Phone
2076238401
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

When the endowment funds reach a certain amount the Board may determine on an annual basis what percentage of these funds may be applied to current operating expenses according to the Board Endowment Policy.

Raw XML AppendixShowing 400 of 516 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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IRS990/Desc0LEAF: Long-Term Education About Forests Program, is designed to increase public understanding of and appreciation for Maine's 17 million acres of forest. LEAF encourages recognition of and respect for all forest values, including wood, recreation, wildlife, aesthetics, soil and water quality and biodiversity of plant and animal species through such programs as Teachers' Tours of Maine forests and mills, Outdoor Classrooms and School Forests, assistance to small landowners, collaboration with other groups to provide accurate information about the forest with a monthly electronic newsletter and providing outreach on forest bioproducts research to educators and the general public.
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IRS990/Form990PartVIISectionAGrp/PersonNm6William Cole
IRS990/Form990PartVIISectionAGrp/PersonNm7Ron Lovaglio
IRS990/Form990PartVIISectionAGrp/PersonNm8Kevin McCarthy
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IRS990/OtherExpensesGrp/Desc0LEAF program expense
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IRS990/PartialLiquidationInd00
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IRS990/PayrollTaxesGrp/TotalAmt012113
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0G Bruce Wiersma
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc2Other Program fees
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37270
IRS990/ProgSrvcAccomActy2Grp/Desc0Project Learning Tree: The Maine Tree Foundation sponsors and supports the American Forest Foundation's national Project Learning Tree program in Maine. The Curriculum is designed to provide school children in grades kindergarten through twelve with awareness, knowledge and skills related to Maine's natural resources, primarily the forest. The goals are 1) to prepare students to make responsible environmental and natural resource decisions and 2) to teach the importance of well-managed forests and of wood, paper and other products from trees.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt069060
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt028854
IRS990/ProgSrvcAccomActy3Grp/Desc0Certified Logging Professional Program: The Maine Tree Foundation sponsors and supports this continuing education program for loggers on a variety of subjects including safety, environmental laws and logging operations and methods. The Foundation provides recognition for outstanding loggers and those certified as completing training. The program will continually evolve to reflect changes in the forest products industry and will provide a means for continued professional growth.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt013188
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt017815
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Maine Tree Farm Committee: The Maine Tree Foundation sponsors and supports this state member of the American Tree Farm System, a national program of the American Forest Foundation. We provide administrative services and organizational support to this volunteer organization that arranges for professional foresters to inspect and certify Tree Farms every five years while providing assistance and advice to landowners in the development of management plans and sustainable forestry.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt06091
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt014113
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherRevenueAmt05071
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IRS990/PYTotalExpensesAmt0287050
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0400225
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0146483
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07270
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0499531
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0606336
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0103300
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0478253
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0371009
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0165598
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0196347
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0831
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0780
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0316
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt072472
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0250795
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0278046
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0831
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0780
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0316
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IRS990ScheduleA/InvestmentIncomeCYPct00.00190
IRS990ScheduleA/InvestmentIncomePYPct00.00370
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt069381
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0110602
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0443481
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0455057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0416393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0474393
IRS990ScheduleA/Total509Grp/TotalAmt02189566
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0444312
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0401022
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0416709
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0475977
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02193796
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990/ScheduleBRequiredInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.09$0.03$5.06$0.77$0.84$0.07
2023Detailed filing. Detailed filing data is available for this year.$4.71$0.01$4.70$1.72$0.68$1.04
2022Detailed filing. Detailed filing data is available for this year.$4.32$0.01$4.32$0.53$0.52$0.01
2021Detailed filing. Detailed filing data is available for this year.$4.90$0.07$4.83$0.83$0.59$0.25
2020Detailed filing. Detailed filing data is available for this year.$4.28$0.03$4.25$0.65$0.49$0.16
2019Detailed filing. Detailed filing data is available for this year.$3.95$0.04$3.91$0.36$0.48$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.57$0.04$3.53$0.43$0.47$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.46$0.50$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.50$0.37$0.45$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.43$0.01$3.42$0.47$0.45$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.56$0.01$3.55$0.71$0.40$0.31
2013Detailed filing. Detailed filing data is available for this year.$0.68$0.03$0.64$0.44$0.30$0.15
2012Summary only. Only limited summary data is available for this year.$0.56$0.06$0.50$0.40$0.29$0.11
2011Summary only. Only limited summary data is available for this year.$0.45$0.07$0.38$0.45$0.26$0.19