Maritime Education Network

990EZ • Fiscal year 2021 • EIN 06-1561439

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 09, 2021

Organization Profile N/A

203 Ferry RoadOld Saybrook, CT 06475

(860) 388-4180

Siviq Scores

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

2.50x

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

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

1.71x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

-41%

Higher net margin than 13% of similar nonprofits.

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

$7,570

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 29.1% of source-year revenue.

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

664%

Faster asset growth than 98% of similar nonprofits.

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

-53%

Faster revenue growth than 16% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets97th percentile

Assets

$17,857

Up $15,519 (+664%) from 2020

Net Assets

Down

-$26,725

Down $10,616 (-66%) from 2020

Liabilities

$44,582

Up $26,135 (+142%) from 2020

Revenue And Expenses

Liabilities / Revenue96th percentile Net Margin13th percentile

Revenue

Down

$26,009

Down $28,865 (-53%) from 2020

Expenses

Down

$36,625

Down $22,491 (-38%) from 2020

Net Income

Down

-$10,616

Down $6,374 (-150%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

Highlighted filing

2021

Assets$17,857

Liabilities$44,582

Net Assets-$26,725

Open 2021 Filing

Operations Trend

Revenue Growth16th percentile

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

Highlighted filing

2021

Revenue$26,009

Expenses$36,625

Net Income-$10,616

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2020 to Jun 30, 2021
Signed: Nov 9, 2021
Return Version: 2020v4.0
Gross Receipts: $26,009

Mission and Program Overview

Mission

Promote environmental awareness and personal growth by providing educational experiences in marine science, sailing and the history of Long Island and it's watershed. In addition to summer offerings, educational programming was provided during the school year for various schools, local organizations and families.

Program Services

Description	Grants	Expenses
Promoted environmental awareness and personal growth by providing educational experiences in marine science, sailing and the history of Long Island and it's watershed.	$36,624	$6,859

Compensation and Service Providers

Top Officer Pay80th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Katharine David	President	FT	$7,570	-	$7,570

Filing and Contact Details

Filer

Filer Name: Maritime Education Network Inc
EIN: 06-1561439
Phone: 8603884180
Address: 203 Ferry Road, Old Saybrook, CT 06475

Signing Officer

Name: Katharine David
Title: President
Signed: 2021-11-09
Discuss with paid preparer: Yes

Preparer

Firm: Doherty Beals & Banks PC
Address: 187 Williams St, New London, CT 06320
Preparer: Kelsey Mosher
Phone: 8604432033

Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $150”

Other Expenses.1012

“Insurance $6265”

Other Expenses.1

“Other Supplies $8220”

Other Expenses.2

“Prof Tech Services $3305”

Other Expenses.3

“Other Purchased services $2780”

Other Expenses.4

“Other Objects $1925”

Other Expenses.5

“Communications $1893”

Other Expenses.6

“Property/Equipment $598”

Other Expenses.7

“INTERNET $370”

Other Expenses.8

“Instructional Supplies $350”

Other Expenses.9

“Property/Equipment - MEN $315”

Other Expenses.10

“Other Prof/Tech - MEN $220”

Other Expenses.11

“Instructional Supplies - WS $100”

Other Expenses.12

“Purchase Property Service $88”

Other Expenses.14

“Administrative Supplies $50”

Other Expenses.15

“Instructional Supplies - MEN $19”

Other Expenses.16

“Dues/Registration $13”

Other Expenses.17

“BANK FEES $2”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $3500 Accounts Payable and Accrued Expenses - Ending $3500”

Total Liabilities.1

“Program Fees - Beginning $14947 Program Fees - Ending $14947”

Total Liabilities.2

“PPP Loan - Beginning $0 PPP Loan - Ending $25898”

Total Liabilities.3

“Payroll Liabilities - Beginning $0 Payroll Liabilities - Ending $237”

Raw XML Appendix172 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/PhoneNum	0	8603884180
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	203 Ferry Rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Old Saybrook
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	06475
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	2338
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	17857
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IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	6859
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-10616
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	17857
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	19150
IRS990EZ/GrossReceiptsAmt	0	26009
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-16109
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-26725
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-16109
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-26725
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	7570
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Katharine David
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	President
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	26663
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	Promote environmental awareness and personal growth by providing educational experiences in marine science, sailing and the history of Long Island and it's watershed. In addition to summer offerings, educational programming was provided during the school year for various schools, local organizations and families.
IRS990EZ/PrintingPublicationsPostageAmt	0	77
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Promoted environmental awareness and personal growth by providing educational experiences in marine science, sailing and the history of Long Island and it's watershed.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	36624
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	6859
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	9885
IRS990EZ/SaleOfAssetsGrossAmt	0	19150
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	true
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	18447
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	44582
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	36625
IRS990EZ/TotalProgramServiceExpensesAmt	0	36624
IRS990EZ/TotalRevenueAmt	0	26009
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	false
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	false
IRS990ScheduleE/DiscriminateRaceSchsInd	0	false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	false
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	true
IRS990ScheduleE/MaintainRacialCompRecsInd	0	true
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Advertising and Promotion $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Insurance $6265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Other Supplies $8220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Prof Tech Services $3305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Other Purchased services $2780
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	Other Objects $1925
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	Communications $1893
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	Property/Equipment $598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	INTERNET $370
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	Instructional Supplies $350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	Property/Equipment - MEN $315
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	Other Prof/Tech - MEN $220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	12	Instructional Supplies - WS $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	13	Purchase Property Service $88
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	14	Administrative Supplies $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	15	Instructional Supplies - MEN $19
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	16	Dues/Registration $13
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	17	BANK FEES $2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	18	Accounts Payable and Accrued Expenses - Beginning $3500 Accounts Payable and Accrued Expenses - Ending $3500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	19	Program Fees - Beginning $14947 Program Fees - Ending $14947
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	20	PPP Loan - Beginning $0 PPP Loan - Ending $25898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	21	Payroll Liabilities - Beginning $0 Payroll Liabilities - Ending $237
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	12	Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	13	Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	14	Other Expenses.14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	15	Other Expenses.15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	16	Other Expenses.16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	17	Other Expenses.17
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	18	Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	19	Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	20	Total Liabilities.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	21	Total Liabilities.3
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd	0	FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Katharine David
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Maritime Education Network Inc
ReturnHeader/Filer/BusinessNameControlTxt	0	MARI
ReturnHeader/Filer/EIN	0	061561439
ReturnHeader/Filer/PhoneNum	0	8603884180
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	203 Ferry Road
ReturnHeader/Filer/USAddress/CityNm	0	Old Saybrook
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CT
ReturnHeader/Filer/USAddress/ZIPCd	0	06475
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	060872192
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Doherty Beals & Banks PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	187 Williams St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	New London
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	06320
ReturnHeader/PreparerPersonGrp/PhoneNum	0	8604432033
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Kelsey Mosher
ReturnHeader/ReturnTs	0	2021-11-09T06:21:18-08:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	Katharine
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	David
ReturnHeader/TaxPeriodBeginDt	0	2020-07-01
ReturnHeader/TaxPeriodEndDt	0	2021-06-30
ReturnHeader/TaxYr	0	2020

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: $17,857
Liabilities: $44,582
Net assets: -$26,725
Revenue: $26,009
Expenses: $36,625
Net income: -$10,616

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2022Detailed filing. Detailed filing data is available for this year.	$0.04	$0.18	$0.15	$0.44	$0.33	$0.11
2021Detailed filing. Detailed filing data is available for this year.	$0.18	$0.45	$0.27	$0.26	$0.37	$0.11
2020Detailed filing. Detailed filing data is available for this year.	$0.02	$0.18	$0.16	$0.55	$0.59	$0.04
2019Detailed filing. Detailed filing data is available for this year.	$0.03	$0.15	$0.12	$0.45	$0.82	$0.37
2018Detailed filing. Detailed filing data is available for this year.	$0.40	$0.36	$0.04	$0.97	$0.96	$0.02
2017Detailed filing. Detailed filing data is available for this year.	$0.18	$0.15	$0.03	$0.18	$0.25	$0.43
2016Detailed filing. Detailed filing data is available for this year.	$0.45	$0.00	$0.45	$1.12	$1.28	$0.17
2015Detailed filing. Detailed filing data is available for this year.	$0.62	$0.00	$0.62	$1.74	$1.41	$0.33
2014Detailed filing. Detailed filing data is available for this year.	$0.47	$0.18	$0.29	$1.45	$1.52	$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.33	$0.00	$0.33	$0.90	$0.81	$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.56	$0.33	$0.24	$1.24	$1.59	$0.35
2011Summary only. Only limited summary data is available for this year.	$0.58	$0.00	$0.58	$2.11	$2.16	$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.63		$0.63	$2.55	$2.49	$0.07