Civic Intelligence

Kieve-Wavus Education Inc.

990 • Fiscal year 2013 • EIN 23-7352599

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

PO Box 16904555

(207) 563-5172

Siviq Scores

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

Liabilities / Assets

35th percentile

0.15x

Higher debt load relative to assets than 35% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

61st percentile

0.50x

Higher debt load relative to revenue than 61% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

27th percentile

$153,269

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Asset Growth

58th percentile

6.9%

Faster asset growth than 58% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M 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

Up

$31,981,199

Up $2,071,012 (+6.9%) from 2012

Net Assets

Up

$27,316,616

Up $2,318,856 (+9.3%) from 2012

Liabilities

Down

$4,664,583

Down $247,844 (-5.0%) from 2012

Revenue

$9,259,663

No earlier filing loaded for comparison.

Expenses

Up

$7,362,566

Up $572,927 (+8.4%) from 2012

Net Income

$1,897,097

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.

$60M$40M$20M$0Assets 2010: $26,606,244Liabilities 2010: $4,450,429Net Assets 2010: $22,155,8152010Assets 2011: $26,049,260Liabilities 2011: $3,736,150Net Assets 2011: $22,313,1102011Assets 2012: $29,910,187Liabilities 2012: $4,912,427Net Assets 2012: $24,997,7602012Assets 2013: $31,981,199Liabilities 2013: $4,664,583Net Assets 2013: $27,316,6162013Assets 2014: $33,669,193Liabilities 2014: $4,813,820Net Assets 2014: $28,855,3732014Assets 2015: $33,040,159Liabilities 2015: $3,545,834Net Assets 2015: $29,494,3252015Assets 2017: $36,716,062Liabilities 2017: $2,444,967Net Assets 2017: $34,271,0952017Assets 2018: $37,191,271Liabilities 2018: $2,614,751Net Assets 2018: $34,576,5202018Assets 2019: $40,937,492Liabilities 2019: $3,168,975Net Assets 2019: $37,768,5172019Assets 2020: $43,628,109Liabilities 2020: $5,950,945Net Assets 2020: $37,677,1642020Assets 2021: $46,138,199Liabilities 2021: $3,835,714Net Assets 2021: $42,302,4852021Assets 2022: $44,937,228Liabilities 2022: $3,671,814Net Assets 2022: $41,265,4142022Assets 2024: $47,386,510Liabilities 2024: $4,413,563Net Assets 2024: $42,972,9472024

Highlighted filing

2013

Assets$31,981,199
Liabilities$4,664,583
Net Assets$27,316,616

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,402,8862010Expenses 2011: $6,625,0282011Expenses 2012: $6,789,6392012Revenue 2013: $9,259,663Expenses 2013: $7,362,566Net Income 2013: $1,897,0972013Revenue 2014: $9,201,532Expenses 2014: $7,437,407Net Income 2014: $1,764,1252014Revenue 2015: $9,350,770Expenses 2015: $7,914,009Net Income 2015: $1,436,7612015Revenue 2017: $10,920,925Expenses 2017: $8,617,972Net Income 2017: $2,302,9532017Revenue 2018: $11,200,971Expenses 2018: $9,175,801Net Income 2018: $2,025,1702018Revenue 2019: $10,926,451Expenses 2019: $9,357,756Net Income 2019: $1,568,6952019Revenue 2020: $3,274,131Expenses 2020: $4,999,911Net Income 2020: -$1,725,7802020Revenue 2021: $13,776,250Expenses 2021: $8,602,478Net Income 2021: $5,173,7722021Revenue 2022: $12,311,490Expenses 2022: $10,525,440Net Income 2022: $1,786,0502022Revenue 2024: $13,620,719Expenses 2024: $13,219,226Net Income 2024: $401,4932024

Highlighted filing

2013

Revenue$9,259,663
Expenses$7,362,566
Net Income$1,897,097
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 10, 2014
Return Version
2013v3.0
Gross Receipts
$15,123,192
Mission and Program Overview

Mission

Kieve-wavus educates and empowers young people and adults to contribute positively to society. We foster spiritual, intellectual, social, and physical growth in order to increase self-confidence, raise personal aspirations, and generate enthusiasm for life-long learning. Working at our spectacular camps on damariscotta lake, in the wilderness, in schools, and in communities, we promote the values of teamwork, kindness, respect, and environmental stewardship.

To empower people to contribute positively to society by promoting the values of kindness, respect for others, and environmental stewardship through year-round experiential programs, camps for youth and adults, and guidance from inspirational role models.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,349,486$19,935,257▲ $585,771
Investments in Publicly Traded Securities$7,893,942$8,830,857▲ $936,915
Loans From Officers Directors$2,314,042$2,261,132▼ $52,910
Cash and Non-Interest-Bearing Accounts$391,384$1,626,701▲ $1,235,317
Pledges and Grants Receivable$611,575$617,467▲ $5,892
Savings and Temporary Cash Investments$1,243,288$534,415▼ $708,873
Investments Other Securities$166,479$162,462▼ $4,017
Accounts Receivable$96,503$85,910▼ $10,593
Other Notes and Loans Receivable, Net$65,700$54,217▼ $11,483
Prepaid Expenses and Deferred Charges-$12,132-
Total Assets$29,910,187$31,981,199▲ $2,071,012
Other Assets Total$91,830$121,781▲ $29,951
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,647,773$1,525,305▼ $122,468
Deferred Revenue$708,617$816,914▲ $108,297
Accounts Payable and Accrued Expenses$241,995$61,232▼ $180,763
Total Liabilities$4,912,427$4,664,583▼ $247,844
Net Assets / Fund Balance
Unrestricted Net Assets$22,663,751$25,688,859▲ $3,025,108
Temporarily Rstr Net Assets$2,086,928$1,355,676▼ $731,252
Permanently Rstr Net Assets$247,081$272,081▲ $25,000
Total Net Assets Fund Balance$24,997,760$27,316,616▲ $2,318,856
Total Liabilities and Net Assets / Fund Balance$29,910,187$31,981,199▲ $2,071,012

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,238,752$4,560,644$19,799,396
Land$4,474,931-$4,474,931
Equipment$186,126$1,765,174$1,951,300
Other Land Buildings$35,448$1,893,297$1,928,745

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$8,060,421$132,271▲ $1,116,711$13,015$9,296,388
2012$7,258,834$102,488▲ $699,099-$8,060,421
2011$7,320,958$25,000▼ $87,124-$7,258,834
2010$6,372,985$148,198▲ $799,775-$7,320,958
2009$5,380,694$66,885▲ $925,406-$6,372,985
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Henry R KennedyExecutive DirectorFT$132,889$20,380$153,269
Charles J Richardson JrDirector of Education and OperationsFT$112,033$24,611$136,644
Revenue and Support

Revenue Composition

Contributions and Grants
$1,528,607
Program Service Revenue
$6,962,327
Investment Income
$755,476
Other Revenue
$13,253
All Other Contributions
$1,528,607
Change in Net Assets
$1,897,097

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$44,784Listed Stock Price
Boats and Planes4$41,000Estimated Retail Value
Cars and Other Vehicles1$10,767Estimated Fair Market Va
Other Non Cash Contri Table9$10,000Estimated Retail Val
Other Non Cash Contri Table3$850Estimated Retail Val
Food Inventory2$425Estimated Retail Value
Total Noncash Contributions25$107,826-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,259,663
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$421,759
Total Revenue per Audited Statements
$9,681,422
Total Revenue per Form 990
$9,259,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,668,397
Salaries, Compensation, and Employee Benefits$2,762,964
Grants and Similar Amounts Paid$931,205
Total Fundraising Expense$311,205
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,004,006$51,967$102,102$2,158,075
Grants to Domestic Individuals$931,205--$931,205
Depreciation Depletion$634,176$8,572$16,656$659,404
Travel$329,921$1,898$2,189$334,008
Advertising$236,200$2,364$23,564$262,128
Occupancy$192,938$26,999$15,281$235,218
Insurance$157,319$54,071$8,934$220,324
Other Expenses$193,371$14,519$7,838$215,728
Payroll Taxes$186,934$5,854$12,736$205,524
All Other Expenses$112,513$25,517$22,294$160,324
Interest$113,142$40,213$6,644$159,999
Current Officers, Directors, Trustees, and Key Employees$91,961$15,327$45,981$153,269
Other Employee Benefits$138,523$2,683$4,157$145,363
Pension Plan Contributions$91,622$2,869$6,242$100,733
Office Expenses$46,367$10,934$27,169$84,470
Fees for Services Other$66,781$10,163$2,005$78,949
Fees for Service Investment Mgmnt Fees-$45,105-$45,105
Fees for Services Management$34,091$5,188$1,024$40,303
Fees for Services Accounting$14,793$2,251$444$17,488
Fees for Services Legal$3,548$540$107$4,195
Total Functional Expenses$6,717,562$333,799$311,205$7,362,566

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,362,566
Total Expenses per Audited Statements$7,362,566
Total Expenses per Form 990$7,362,566
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Henry KennedyExecutive DirectorThe Organization Leases a Farm House From Its Executive Director Under a Board Approved Operating Lease.No$28,910

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$2,314,042$2,261,132▼ $52,910
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Part VI, Section B, Line 11

After preparation of form 990, completed return is forwarded to the finance and audit committee and other members of the board of trustees. Voting members of the finance and audit committee and the board of trustees are all external independent trustees knowledgeable in financial matters of the organization. Individual reviews occur and questions assessed and responded to. The finance and audit committee meets with independent auditors, then recommends acceptance and filing of 990, on or before due date, to the full board of trustees for a recorded board vote.

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

The organization requires board members to review and sign-off a conflict of interest form at the annual meeting each year. Board members are required to report any potential conflicts arising during the ensuing year.

Form 990, Part VI, Section B, Line 15A

The performance of the executive director is reviewed by the executive committee of the board of trustees. This review is presented to the full board of trustees for approval.

Form 990, Part VI, Section C, Line 19

By request from interested parties.

Filing and Contact Details

Filer

EIN
23-7352599
Phone
2075635172

Signing Officer

Name
Henry Kennedy
Title
Executive Director
Phone
2075635172
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henry Kennedy
Formed
1926
Legal Domicile
Me
Voting Board Members
24
Independent Board Members
24
Employees
262
Volunteers
50

Preparer

Preparer
Thomas Emery
Phone
2077732986
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of split interest agreements 7,404.

Form 990, Part XII, Line 2C

The process has not changed.

Financial Statement Notes

PART V, LINE 4:

The primary purpose of the fund is to generate income to be used to help meet the operating and non-operating costs of the organization.

PART X, LINE 2:

The organization follows the provisions of accounting for uncertainty in income taxes as provided for in the income taxes topic of the fasb accounting standards codification. This statement clarifies the criteria that an individual tax position must satisfy for some or all of the benefits of that position to be recognized in an entity's financial statements. It also prescribes a recognition threshold of more likely-than-not, and a measurement attribute for all tax positions taken or expected to be taken on a tax return, in order for those tax positions to be recognized in the financial statements. There was no cumulative effect on the organization's financial statements related to following of these provisions, and no interest or penalties related to uncertain tax positions were accrued. The organization is currently open to audit under the statute of limitations by the internal revenue service and state taxing authorities for the years ended december 31, 2010 through 2013.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of split-interest agreements 7,404.

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IRS990/Form990PartVIISectionAGrp/PersonNm7KATHLEEN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm8THOMAS R RILEY JR
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IRS990/Form990PartVIISectionAGrp/PersonNm16R DIXON THAYER
IRS990/Form990PartVIISectionAGrp/PersonNm17WILLIAM A KNOWLTON
IRS990/Form990PartVIISectionAGrp/PersonNm18CHRISTOPHER J MAGUIRE
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IRS990/Form990PartVIISectionAGrp/PersonNm20MARGARET W LYNE
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IRS990/Form990PartVIISectionAGrp/PersonNm23THOMAS G AUCHINCLOSS JR
IRS990/Form990PartVIISectionAGrp/PersonNm24HENRY R KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm25CHARLES J RICHARDSON JR
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF EDUCATION AND OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01926
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0960
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0KIEVE-WAVUS EDUCATES AND EMPOWERS YOUNG PEOPLE AND ADULTS TO CONTRIBUTE POSITIVELY TO SOCIETY. WE FOSTER SPIRITUAL, INTELLECTUAL, SOCIAL, AND PHYSICAL GROWTH IN ORDER TO INCREASE SELF-CONFIDENCE, RAISE PERSONAL ASPIRATIONS, AND GENERATE ENTHUSIASM FOR LIFE-LONG LEARNING. WORKING AT OUR SPECTACULAR CAMPS ON DAMARISCOTTA LAKE, IN THE WILDERNESS, IN SCHOOLS, AND IN COMMUNITIES, WE PROMOTE THE VALUES OF TEAMWORK, KINDNESS, RESPECT, AND ENVIRONMENTAL STEWARDSHIP.
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IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3OTHER PROGRAM EXPENSE
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IRS990/OtherExpensesGrp/FundraisingAmt13982
IRS990/OtherExpensesGrp/FundraisingAmt27838
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt214519
IRS990/OtherExpensesGrp/ProgramServicesAmt0582500
IRS990/OtherExpensesGrp/ProgramServicesAmt1323137
IRS990/OtherExpensesGrp/ProgramServicesAmt2232514

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.4$4.41$43.0$13.6$13.2$0.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.9$3.67$41.3$12.3$10.5$1.79
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.1$3.84$42.3$13.8$8.60$5.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.6$5.95$37.7$3.27$5.00$1.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.9$3.17$37.8$10.9$9.36$1.57
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.2$2.61$34.6$11.2$9.18$2.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.7$2.44$34.3$10.9$8.62$2.30
2015Detailed filing. Detailed filing data is available for this year.$33.0$3.55$29.5$9.35$7.91$1.44
2014Detailed filing. Detailed filing data is available for this year.$33.7$4.81$28.9$9.20$7.44$1.76
2013Detailed filing. Detailed filing data is available for this year.$32.0$4.66$27.3$9.26$7.36$1.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.9$4.91$25.0$6.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.0$3.74$22.3$6.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.6$4.45$22.2$6.40
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $25M-$50M nonprofits