Civic Intelligence

Katahdin Council Inc

990 • Fiscal year 2013 • EIN 01-6012414

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 10, 2014

PO Box 1869Bangor, ME 04402

(207) 866-2241

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

14th percentile

0.00x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

84th percentile

32%

Higher net margin than 84% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

19th percentile

-5.4%

Faster asset growth than 19% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$4,856,307

Down $275,203 (-5.4%) from 2012

Net Assets

Up

$4,856,307

Up $19,043 (+0.4%) from 2012

Liabilities

Down

$0

Down $294,246 (-100%) from 2012

Revenue

$540,002

No earlier filing loaded for comparison.

Expenses

Up

$368,958

Up $173,692 (+89%) from 2012

Net Income

$171,044

No earlier filing loaded for comparison.

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 2010: $4,851,865Liabilities 2010: $429,193Net Assets 2010: $4,422,6722010Assets 2011: $4,636,507Liabilities 2011: $331,963Net Assets 2011: $4,304,5442011Assets 2012: $5,131,510Liabilities 2012: $294,246Net Assets 2012: $4,837,2642012Assets 2013: $4,856,307Liabilities 2013: $0Net Assets 2013: $4,856,3072013Assets 2014: $5,476,429Liabilities 2014: $76,109Net Assets 2014: $5,400,3202014Assets 2015: $5,290,325Liabilities 2015: $70,066Net Assets 2015: $5,220,2592015Assets 2016: $5,348,458Liabilities 2016: $850Net Assets 2016: $5,347,6082016Assets 2017: $5,591,322Liabilities 2017: $1,224Net Assets 2017: $5,590,0982017Assets 2018: $5,305,597Liabilities 2018: $2,942Net Assets 2018: $5,302,6552018Assets 2019: $5,618,720Liabilities 2019: $8,036Net Assets 2019: $5,610,6842019Assets 2020: $5,707,843Liabilities 2020: $1,574Net Assets 2020: $5,706,2692020Assets 2021: $5,833,750Liabilities 2021: $10,002Net Assets 2021: $5,823,7482021Assets 2022: $5,312,485Liabilities 2022: $27,147Net Assets 2022: $5,285,3382022Assets 2023: $5,552,128Liabilities 2023: $0Net Assets 2023: $5,552,1282023Assets 2024: $5,784,564Liabilities 2024: $4,003Net Assets 2024: $5,780,5612024

Highlighted filing

2013

Assets$4,856,307
Liabilities$0
Net Assets$4,856,307

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $365,1302010Expenses 2011: $228,4942011Expenses 2012: $195,2662012Revenue 2013: $540,002Expenses 2013: $368,958Net Income 2013: $171,0442013Revenue 2014: $746,588Expenses 2014: $198,223Net Income 2014: $548,3652014Revenue 2015: $92,875Expenses 2015: $196,358Net Income 2015: -$103,4832015Revenue 2016: $251,401Expenses 2016: $240,848Net Income 2016: $10,5532016Revenue 2017: $224,499Expenses 2017: $244,403Net Income 2017: -$19,9042017Revenue 2018: $204,912Expenses 2018: $230,199Net Income 2018: -$25,2872018Revenue 2019: $598,402Expenses 2019: $213,029Net Income 2019: $385,3732019Revenue 2020: $130,371Expenses 2020: $251,926Net Income 2020: -$121,5552020Revenue 2021: $97,970Expenses 2021: $282,271Net Income 2021: -$184,3012021Revenue 2022: $168,219Expenses 2022: $253,126Net Income 2022: -$84,9072022Revenue 2023: $169,687Expenses 2023: $301,440Net Income 2023: -$131,7532023Revenue 2024: $318,477Expenses 2024: $302,596Net Income 2024: $15,8812024

Highlighted filing

2013

Revenue$540,002
Expenses$368,958
Net Income$171,044
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$1,981,385
Mission and Program Overview

Mission

Provides support to organizations that educate youth in outdoor life skills who reside in eastern and northern maine.

Provide support for boy scout activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,827,305$2,751,879▼ $75,426
Investments in Publicly Traded Securities$1,588,693$1,947,121▲ $358,428
Pledges and Grants Receivable$437,948--
Cash and Non-Interest-Bearing Accounts$51,495$80,843▲ $29,348
Savings and Temporary Cash Investments$225,307$75,670▼ $149,637
Accounts Receivable$762$794▲ $32
Total Assets$5,131,510$4,856,307▼ $275,203
Liabilities
Mortgage Notes Payable Secured by Investment Property$293,483--
Accounts Payable and Accrued Expenses$763--
Total Liabilities$294,246$0▼ $294,246
Net Assets / Fund Balance
Unrestricted Net Assets$3,937,235$4,487,568▲ $550,333
Permanently Rstr Net Assets$298,236$298,236→ $0
Temporarily Rstr Net Assets$601,793$70,503▼ $531,290
Total Net Assets Fund Balance$4,837,264$4,856,307▲ $19,043
Total Liabilities and Net Assets / Fund Balance$5,131,510$4,856,307▼ $275,203

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,304,300$687,287$2,991,587
Land$442,840-$442,840
Other Land Buildings$4,739$47,419$52,158

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$298,236---$298,236
2012$298,236---$298,236
2011$298,236---$298,236
2010$298,236---$298,236
2009$298,236---$298,236
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$448,533
Other Revenue
$91,469
Change in Net Assets
$171,044

Audited Revenue Reconciliation

Revenue per Audited Statements
$540,002
Revenue Not Reported on Form 990
$-152,001
Total Revenue per Audited Statements
$388,001
Total Revenue per Form 990
$540,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$368,958
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$270,399--$270,399
Depreciation Depletion$75,426--$75,426
Fees for Services Accounting-$4,815-$4,815
Other Expenses$974$2,465-$974
Interest-$716-$716
Fees for Services Legal-$400-$400
All Other Expenses-$124-$124
Total Functional Expenses$348,175$20,783$0$368,958

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$368,958
Total Expenses per Audited Statements$368,958
Total Expenses per Form 990$368,958
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
No
Audit committee
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

The form 990 is reviewed by the treasurer and audit committee chair prior to filing. Subsequent to filing, the form 990 will be reviewed with the full audit committee.

Form 990, Page 6, Part VI, Line 19

Disclosure of governing documents, policies and financial information is provided upon request.

Filing and Contact Details

Filer

EIN
01-6012414
Phone
2078662241

Signing Officer

Name
Jeff Plourde
Title
Secretary
Phone
2078662241
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Simpson
Formed
1926
Legal Domicile
Me
Voting Board Members
45
Independent Board Members
45
Employees
0
Volunteers
60

Preparer

Preparer
Michael P Jones CPA
Phone
2079418890
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code as a charitable organization whereby only unrelated business income as defined by section 509(a)(1) of the code is subject to federal income tax. For the years ended december 31, 2013 and 2012, the corporation had no unrelated business income. Accordingly, no provision for income taxes has been recorded. The corporation adopted the provisions of fasc 740 and subsections on january 1, 2009. Under fasc 740 and subsections, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not the position will be sustained. The adoption of fasc 740 and subsections had no material impact on the corporation's financial statements. The corporation's income tax filings are subject to audit by various taxing authorities. The corporation's open audit periods are 2010 - 2013. Any interest or penalties assessed to the corporation are recorded in operating expenses. For the years ended december 31, 2013 and 2012 there were no interest or penalties recorded in the accompanying financial statements.

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IRS990/Form990PartVIISectionAGrp/PersonNm36RALPH LEONARD
IRS990/Form990PartVIISectionAGrp/PersonNm37MR STEVE FROST
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IRS990/Form990PartVIISectionAGrp/PersonNm39MR JOHN SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm40MR MARSHALL STEINMAN
IRS990/Form990PartVIISectionAGrp/PersonNm41JEFF PLOURDE
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IRS990/Form990PartVIISectionAGrp/TitleTxt37VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt38TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt39PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt40CLERK
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.78$0.00$5.78$0.32$0.30$0.02
2023Detailed filing. Detailed filing data is available for this year.$5.55$0.00$5.55$0.17$0.30$0.13
2022Detailed filing. Detailed filing data is available for this year.$5.31$0.03$5.29$0.17$0.25$0.08
2021Detailed filing. Detailed filing data is available for this year.$5.83$0.01$5.82$0.10$0.28$0.18
2020Detailed filing. Detailed filing data is available for this year.$5.71$0.00$5.71$0.13$0.25$0.12
2019Detailed filing. Detailed filing data is available for this year.$5.62$0.01$5.61$0.60$0.21$0.39
2018Summary only. Only limited summary data is available for this year.$5.31$0.00$5.30$0.20$0.23$0.03
2017Detailed filing. Detailed filing data is available for this year.$5.59$0.00$5.59$0.22$0.24$0.02
2016Detailed filing. Detailed filing data is available for this year.$5.35$0.00$5.35$0.25$0.24$0.01
2015Detailed filing. Detailed filing data is available for this year.$5.29$0.07$5.22$0.09$0.20$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.48$0.08$5.40$0.75$0.20$0.55
2013Detailed filing. Detailed filing data is available for this year.$4.86$0.00$4.86$0.54$0.37$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.29$4.84$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$0.33$4.30$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$0.43$4.42$0.37