Civic Intelligence

The Nantucket Education Trust Inc

990 • Fiscal year 2013 • EIN 04-3165556

Jan 01, 2013 to Dec 31, 2013 • Filed on May 06, 2014

Organization ProfileNANTUCKETEDUCATIONTRUST.ORG
6C Cow Pond LaneNantucket, MA 02554

(508) 228-4422

Siviq Scores

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

Liabilities / Assets

90th percentile

0.95x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

8.21x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

48th percentile

2.1%

Higher net margin than 48% 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

27th percentile

-3.0%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2013

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$2,502,494

Down $76,669 (-3.0%) from 2012

Net Assets

Up

$125,821

Up $5,945 (+5.0%) from 2012

Liabilities

Down

$2,376,673

Down $82,614 (-3.4%) from 2012

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin48th percentile

Revenue

$289,350

No earlier filing loaded for comparison.

Expenses

Up

$283,405

Up $17,446 (+6.6%) from 2012

Net Income

$5,945

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$3.0M$2.0M$1.0M$0Assets 2009: $2,794,614Liabilities 2009: $2,641,556Net Assets 2009: $153,0582009Assets 2010: $2,687,713Liabilities 2010: $2,564,909Net Assets 2010: $122,8042010Assets 2011: $2,622,132Liabilities 2011: $2,518,816Net Assets 2011: $103,3162011Assets 2012: $2,579,163Liabilities 2012: $2,459,287Net Assets 2012: $119,8762012Assets 2013: $2,502,494Liabilities 2013: $2,376,673Net Assets 2013: $125,8212013Assets 2014: $2,463,335Liabilities 2014: $2,339,538Net Assets 2014: $123,7972014Assets 2015: $2,407,140Liabilities 2015: $2,205,558Net Assets 2015: $201,5822015Assets 2016: $2,451,320Liabilities 2016: $2,121,277Net Assets 2016: $330,0432016Assets 2017: $2,411,299Liabilities 2017: $2,051,084Net Assets 2017: $360,2152017Assets 2018: $2,442,013Liabilities 2018: $1,949,058Net Assets 2018: $492,9552018Assets 2019: $2,546,158Liabilities 2019: $1,898,695Net Assets 2019: $647,4632019Assets 2020: $2,501,006Liabilities 2020: $1,793,417Net Assets 2020: $707,5892020Assets 2021: $2,511,615Liabilities 2021: $1,759,674Net Assets 2021: $751,9412021Assets 2022: $2,549,512Liabilities 2022: $1,725,189Net Assets 2022: $824,3232022Assets 2023: $2,632,062Liabilities 2023: $1,696,630Net Assets 2023: $935,4322023Assets 2024: $2,739,939Liabilities 2024: $1,668,287Net Assets 2024: $1,071,6522024Assets 2025: $2,861,400Liabilities 2025: $1,658,870Net Assets 2025: $1,202,5302025

Highlighted filing

2013

Assets$2,502,494
Liabilities$2,376,673
Net Assets$125,821
Open 2013 Filing

Operations Trend

Revenue Growth65th percentile

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

$600K$400K$200K$0-$200KRevenue 2009: $225,717Expenses 2009: $274,392Net Income 2009: -$48,6752009Revenue 2010: $211,040Expenses 2010: $241,294Net Income 2010: -$30,2542010Expenses 2011: $252,2472011Expenses 2012: $265,9592012Revenue 2013: $289,350Expenses 2013: $283,405Net Income 2013: $5,9452013Revenue 2014: $252,484Expenses 2014: $254,508Net Income 2014: -$2,0242014Revenue 2015: $303,990Expenses 2015: $226,205Net Income 2015: $77,7852015Revenue 2016: $353,307Expenses 2016: $224,846Net Income 2016: $128,4612016Revenue 2017: $268,209Expenses 2017: $238,037Net Income 2017: $30,1722017Revenue 2018: $388,103Expenses 2018: $255,363Net Income 2018: $132,7402018Revenue 2019: $373,726Expenses 2019: $219,218Net Income 2019: $154,5082019Revenue 2020: $309,902Expenses 2020: $249,776Net Income 2020: $60,1262020Revenue 2021: $314,329Expenses 2021: $269,977Net Income 2021: $44,3522021Revenue 2022: $327,629Expenses 2022: $222,005Net Income 2022: $105,6242022Revenue 2023: $309,647Expenses 2023: $248,492Net Income 2023: $61,1552023Revenue 2024: $344,695Expenses 2024: $237,331Net Income 2024: $107,3642024Revenue 2025: $431,776Expenses 2025: $307,304Net Income 2025: $124,4722025

Highlighted filing

2013

Revenue$289,350
Expenses$283,405
Net Income$5,945
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 6, 2014
Return Version
2013v3.0
Gross Receipts
$289,350
Mission and Program Overview

Mission

To generate private support for public education on nantucket, to foster private and public partnerships that benefit the children of nantucket public schools, and to honor excellence in teaching and learning.

To generate private support to fund programs in the nantucket public school system

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,492,490$2,416,346▼ $76,144
Cash and Non-Interest-Bearing Accounts$84,759$76,859▼ $7,900
Accounts Receivable$1,914$9,289▲ $7,375
Total Assets$2,579,163$2,502,494▼ $76,669
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,404,142$2,337,855▼ $66,287
Accounts Payable and Accrued Expenses$27,726$38,818▲ $11,092
Deferred Revenue$27,419--
Total Liabilities$2,459,287$2,376,673▼ $82,614
Net Assets / Fund Balance
Unrestricted Net Assets$48,596$80,929▲ $32,333
Temporarily Rstr Net Assets$71,280$44,892▼ $26,388
Total Net Assets Fund Balance$119,876$125,821▲ $5,945
Total Liabilities and Net Assets / Fund Balance$2,579,163$2,502,494▼ $76,669

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,416,346$675,073$3,091,419
Other Land Buildings$0$25,667$25,667
Compensation and Service Providers
Top Officer Pay38th percentile

Board Members and Trustees

NameTitle
Robert LiddleChairman
Caitlin WaddingtonDirector
Jana DuarteDirector
Michael CozortDirector
Virna GonzalezDirector
William FarrallDirector
Robin HarveySecretary
Pauline ProchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$52,329
Program Service Revenue
$237,014
Investment Income
$7
Other Revenue
$0
All Other Contributions
$52,329
Change in Net Assets
$5,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$283,405
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
Interest$117,768--$117,768
Depreciation Depletion$76,144--$76,144
Insurance$13,544$4,579-$18,123
Other Expenses$9,348--$9,348
Fees for Services Accounting-$3,456-$3,456
All Other Expenses$248$1,050-$1,298
Total Functional Expenses$274,320$9,085$0$283,405
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization is managed nha properties inc. 15 teasdale circle, nantucket, ma 02554”

Form 990, Part VI, Section B, Line 11

“Form 990 and the financial statements are reviewed by the board of directors at a regularly scheduled board meeting before filing the return.”

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

“Annual statments are received from each member of the board. Any complaints are investigated by the chair of the board and referred to the attorney general if necessary.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents , conflict of interest policy and financial statements available to the public. The are maintianed at the organizations office and are available on request. Financial statements and governing documents and tax returns are available to the public on the mass attorney generals web site and the mass secretary of states web site.”

Filing and Contact Details

Filer

EIN
04-3165556
Phone
5082284422

Signing Officer

Name
Robert Liddle
Title
Chairman
Phone
5082284422
Signed
2014-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Liddle
Formed
1992
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Preparer
J Thomas Hurley
Phone
6173766226
Raw XML Appendix394 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.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt027726
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt038818
IRS990/AccountsReceivableGrp/BOYAmt01914
IRS990/AccountsReceivableGrp/EOYAmt09289
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO GENERATE PRIVATE SUPPORT TO FUND PROGRAMS IN THE NANTUCKET PUBLIC SCHOOL SYSTEM
IRS990/AllOtherContributionsAmt052329
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01050
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0248
IRS990/AllOtherExpensesGrp/TotalAmt01298
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum05082284422
IRS990/BooksInCareOfDetail/USAddress/AddressLine106C COW POND LANE
IRS990/BooksInCareOfDetail/USAddress/City0NANTUCKET
IRS990/BooksInCareOfDetail/USAddress/State0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode002554
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt084759
IRS990/CashNonInterestBearingGrp/EOYAmt076859
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt052329
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07
IRS990/CYOtherExpensesAmt0283405
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0237014
IRS990/CYRevenuesLessExpensesAmt05945
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0283405
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0289350
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt027419
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt076144
IRS990/DepreciationDepletionGrp/TotalAmt076144
IRS990/Desc0BUILT AND MAINTAINED RENTAL HOUSING UNITS FOR THE BENEFIT OF TEACHERS AND SCHOOL STAFF
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0239443
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03456
IRS990/FeesForServicesAccountingGrp/TotalAmt03456
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt710.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0CAITLIN WADDINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT LIDDLE
IRS990/Form990PartVIISectionAGrp/PersonNm2PAULINE PROCH
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL COZORT
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBIN HARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm5JANA DUARTE
IRS990/Form990PartVIISectionAGrp/PersonNm6VIRNA GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIAM FARRALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0289350
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04579
IRS990/InsuranceGrp/ProgramServicesAmt013544
IRS990/InsuranceGrp/TotalAmt018123
IRS990/InterestGrp/ProgramServicesAmt0117768
IRS990/InterestGrp/TotalAmt0117768
IRS990/InvestmentIncomeGrp/ExclusionAmt07
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0700740
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02492490
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02416346
IRS990/LandBldgEquipCostOrOtherBssAmt03117086
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ROOTED IN A COMMUNITY DISTINGUISHED BY ITS UNIQUE HISTORY AND SETTING, NANTUCKET EDUCATION TRUST PURSUES THE FOLLOWING GOALS: TO ENHANCE EDUCATIONAL OPPORTUNITIES ON NANTUCKET BY MOBILIZING PRIVATE SECTOR RESOURCES AND EXPERTISE;TO FOSTER ALLIANCES AMONG BUSINESS, COMMUNITY AND SCHOOL INTERESTS, AND TO SERVE AS A CATALYST FOR PUBLIC AND PRIVATE PARTNERSHIPS THAT BENEFIT EDUCATION;TO PROMOTE THE EXCHANGE OF IDEAS AMONG ISLAND SCHOOLS AND BETWEEN OUR SCHOOLS AND THOSE FROM OTHER COMMUNITIES;TO SUPPORT PROGRAMS THAT HONOR EXCELLENCE IN TEACHING AND LEARNING;
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02404142
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02337855
IRS990/NetAssetsOrFundBalancesBOYAmt0119876
IRS990/NetAssetsOrFundBalancesEOYAmt0125821
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EXPENDITURES IN SUPPORT
IRS990/OtherExpensesGrp/Desc1PROPERTY MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS
IRS990/OtherExpensesGrp/ProgramServicesAmt034877
IRS990/OtherExpensesGrp/ProgramServicesAmt112047
IRS990/OtherExpensesGrp/ProgramServicesAmt210344
IRS990/OtherExpensesGrp/ProgramServicesAmt39348
IRS990/OtherExpensesGrp/TotalAmt034877
IRS990/OtherExpensesGrp/TotalAmt112047
IRS990/OtherExpensesGrp/TotalAmt210344
IRS990/OtherExpensesGrp/TotalAmt39348
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT LIDDLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0236983
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0236983
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED EDUCATIONAL PROGRAMS IN THE NANTUCKET PUBLIC SCHOOL SYSTEM INCLUDING PURCHASE OF EQUIPMENT, PAYMENT OF SALARIES & GRANTS FOR TEACHERS, SPONSORSHIP OF LECTURES, SEMINARS AND WORKSHOPS, AND PARTICIPATION IN SATELLITE PROGRAMS COORDINATED BY THE SCHOOL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt034877
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt052329
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt030620
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt011
IRS990/PYOtherExpensesAmt0265959
IRS990/PYOtherRevenueAmt0251888
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt016560
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0265959
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0282519
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05945
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0237313
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt04000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt016000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt052329
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt030620
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027367
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06917
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010783
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0128016
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98690
IRS990ScheduleA/PublicSupportTotal509Amt01201757
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt04000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt016000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt0237014
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt0228280
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt0205390
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt0204123
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt0214934
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt01089741
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0289343
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0258900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0232757
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0211040
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0225717
IRS990ScheduleA/Total509Grp/TotalAmt01217757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0289343
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0258900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0232757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0211040
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0225717
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01217757
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02416346
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0675073
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03091419
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025667
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025667
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02416346
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS MANAGED NHA PROPERTIES INC. 15 TEASDALE CIRCLE, NANTUCKET, MA 02554
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 AND THE FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS AT A REGULARLY SCHEDULED BOARD MEETING BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL STATMENTS ARE RECEIVED FROM EACH MEMBER OF THE BOARD. ANY COMPLAINTS ARE INVESTIGATED BY THE CHAIR OF THE BOARD AND REFERRED TO THE ATTORNEY GENERAL IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS , CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE ARE MAINTIANED AT THE ORGANIZATIONS OFFICE AND ARE AVAILABLE ON REQUEST. FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AND TAX RETURNS ARE AVAILABLE TO THE PUBLIC ON THE MASS ATTORNEY GENERALS WEB SITE AND THE MASS SECRETARY OF STATES WEB SITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt071280
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt044892
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02579163
IRS990/TotalAssetsEOYAmt02502494
IRS990/TotalAssetsGrp/BOYAmt02579163
IRS990/TotalAssetsGrp/EOYAmt02502494
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt052329
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09085
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0274320
IRS990/TotalFunctionalExpensesGrp/TotalAmt0283405
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02459287
IRS990/TotalLiabilitiesEOYAmt02376673
IRS990/TotalLiabilitiesGrp/BOYAmt02459287
IRS990/TotalLiabilitiesGrp/EOYAmt02376673
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0119876
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0125821
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt031
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt031
IRS990/TotalProgramServiceExpensesAmt0274320
IRS990/TotalProgramServiceRevenueAmt0237014
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0237014
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0289350
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02579163
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02502494
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt048596
IRS990/UnrestrictedNetAssetsGrp/EOYAmt080929
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine106 COW POND LANE
IRS990/USAddress/City0NANTUCKET
IRS990/USAddress/State0MA
IRS990/USAddress/ZIPCode002584
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTP://NANTUCKETEDUCATIONTRUST.ORG/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT LIDDLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05082284422
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine10NANTUCKET EDUCATION TRUST
ReturnHeader/Filer/BusinessNameControlTxt0NANT
ReturnHeader/Filer/EIN0043165556
ReturnHeader/Filer/PhoneNum05082284422
ReturnHeader/Filer/USAddress/AddressLine106C COW POND LANE
ReturnHeader/Filer/USAddress/City0NANTUCKET
ReturnHeader/Filer/USAddress/State0MA
ReturnHeader/Filer/USAddress/ZIPCode002554
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043520245
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10HURLEY O'NEILL & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1036 MILLER STILE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode002169
ReturnHeader/PreparerPersonGrp/PhoneNum06173766226
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J THOMAS HURLEY
ReturnHeader/ReturnTs02014-05-12T12:02:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,502,494
Liabilities
$2,376,673
Net assets
$125,821
Revenue
$289,350
Expenses
$283,405
Net income
$5,945
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.86$1.66$1.20$0.43$0.31$0.12
2024Detailed filing. Detailed filing data is available for this year.$2.74$1.67$1.07$0.34$0.24$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.63$1.70$0.94$0.31$0.25$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.55$1.73$0.82$0.33$0.22$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.51$1.76$0.75$0.31$0.27$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.50$1.79$0.71$0.31$0.25$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.55$1.90$0.65$0.37$0.22$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.44$1.95$0.49$0.39$0.26$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.41$2.05$0.36$0.27$0.24$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.45$2.12$0.33$0.35$0.22$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.41$2.21$0.20$0.30$0.23$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.46$2.34$0.12$0.25$0.25$0.00
2013Detailed filing. Detailed filing data is available for this year.$2.50$2.38$0.13$0.29$0.28$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$2.46$0.12$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$2.52$0.10$0.25
2010Summary only. Only limited summary data is available for this year.$2.69$2.56$0.12$0.21$0.24$0.03
2009Summary only. Only limited summary data is available for this year.$2.79$2.64$0.15$0.23$0.27$0.05