Civic Intelligence

Penobscot East Resource Center

EIN 27-0069386 • 501(c)3 • Stonington, ME

Profile

Mission: secure a sustainable future for fisheries and fishing communities in eastern maine and beyond, with goals to: 1.deliver practical tools and support for today's fishermen to adapt and succeed in a changing fishery. 2.partner with schools and community-based groups to provide k-12, university-level, and professional education to prepare fishermen, regulators and scientists for effective co-management roles. 3.lead an initiative to establish the eastern gulf of maine as the first u.s. Ecosystem-based pilot where fisheries are co-managed by fishermen, community-based organizations, scientists and governments. 4.contribute to ongoing learning and science-based policy for sustainable fisheries locally, nationally and globally. 5.inform the public about a sustainable fishing future and engage broad support for the mission within and beyond eastern maine fishing communities. 6.strengthen penobscot east as a vital and maturing organization.

PO Box 27Stonington, ME 04681-0027

www.penobscoteast.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.15x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

40th percentile

0.4%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$140,757

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

32nd percentile

-2.0%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

134%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,625,093

Down $33,645 (-2.0%) from 2023

Liabilities

Down

$246,107

Down $45,457 (-16%) from 2023

Net Assets

Up

$1,378,986

Up $11,812 (+0.9%) from 2023

Revenue

Up

$1,314,422

Up $753,280 (+134%) from 2023

Expenses

Up

$1,309,411

Up $685,011 (+110%) from 2023

Net Income

Up

$5,011

Up $68,269 (+108%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,559,452Liabilities 2010: $49,248Net Assets 2010: $2,510,2042010Assets 2011: $2,102,108Liabilities 2011: $78,045Net Assets 2011: $2,024,0632011Assets 2012: $2,089,932Liabilities 2012: $98,054Net Assets 2012: $1,991,8782012Assets 2013: $2,187,545Liabilities 2013: $85,120Net Assets 2013: $2,102,4252013Assets 2014: $2,354,006Liabilities 2014: $54,919Net Assets 2014: $2,299,0872014Assets 2015: $2,503,284Liabilities 2015: $122,093Net Assets 2015: $2,381,1912015Assets 2016: $2,630,943Liabilities 2016: $359,658Net Assets 2016: $2,271,2852016Assets 2017: $3,092,022Liabilities 2017: $385,388Net Assets 2017: $2,706,6342017Assets 2018: $2,458,305Liabilities 2018: $290,785Net Assets 2018: $2,167,5202018Assets 2019: $2,418,899Liabilities 2019: $468,027Net Assets 2019: $1,950,8722019Assets 2020: $1,860,667Liabilities 2020: $304,503Net Assets 2020: $1,556,1642020Assets 2021: $1,822,874Liabilities 2021: $240,947Net Assets 2021: $1,581,9272021Assets 2022: $1,769,779Liabilities 2022: $345,037Net Assets 2022: $1,424,7422022Assets 2023: $1,658,738Liabilities 2023: $291,564Net Assets 2023: $1,367,1742023Assets 2024: $1,625,093Liabilities 2024: $246,107Net Assets 2024: $1,378,9862024

Highlighted filing

2024

Assets$1,625,093
Liabilities$246,107
Net Assets$1,378,986

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $734,3702010Expenses 2011: $857,6112011Expenses 2012: $955,1472012Revenue 2013: $1,207,258Expenses 2013: $1,055,357Net Income 2013: $151,9012013Revenue 2014: $1,346,924Expenses 2014: $1,148,119Net Income 2014: $198,8052014Revenue 2015: $1,351,682Expenses 2015: $1,418,755Net Income 2015: -$67,0732015Revenue 2016: $1,495,399Expenses 2016: $1,609,738Net Income 2016: -$114,3392016Revenue 2017: $2,091,045Expenses 2017: $1,664,926Net Income 2017: $426,1192017Revenue 2018: $1,005,708Expenses 2018: $1,542,238Net Income 2018: -$536,5302018Revenue 2019: $1,238,277Expenses 2019: $1,464,298Net Income 2019: -$226,0212019Revenue 2020: $780,053Expenses 2020: $1,184,786Net Income 2020: -$404,7332020Revenue 2021: $1,157,511Expenses 2021: $1,146,594Net Income 2021: $10,9172021Revenue 2022: $1,209,278Expenses 2022: $1,354,813Net Income 2022: -$145,5352022Revenue 2023: $561,142Expenses 2023: $624,400Net Income 2023: -$63,2582023Revenue 2024: $1,314,422Expenses 2024: $1,309,411Net Income 2024: $5,0112024

Highlighted filing

2024

Revenue$1,314,422
Expenses$1,309,411
Net Income$5,011

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.25$1.38$1.31$1.31$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.29$1.37$0.56$0.62$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.35$1.42$1.21$1.35$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.24$1.58$1.16$1.15$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.30$1.56$0.78$1.18$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$0.47$1.95$1.24$1.46$0.23
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.29$2.17$1.01$1.54$0.54
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$0.39$2.71$2.09$1.66$0.43
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.36$2.27$1.50$1.61$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.50$0.12$2.38$1.35$1.42$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.35$0.05$2.30$1.35$1.15$0.20
2013Detailed filing. Detailed filing data is available for this year.$2.19$0.09$2.10$1.21$1.06$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.10$1.99$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.08$2.02$0.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.05$2.51$0.73
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 12, 2023
Return Version
2022v5.0
Gross Receipts
$1,239,181
Mission and Program Overview

Mission

Secure a sustainable future for fisheries and fishing communities in Eastern Maine and beyond, with goals to:1) Deliver practical tools and support for today's fishermen to adapt and succeed in a changing fishery.2) Partner with schools and community-based groups to provide K-12, university-level, and professional education to prepare fishermen, regulators and scientists for effective co-management roles.3) Lead an initiative to establish the Eastern Gulf of Maine as the first U.S. Ecosystem-based pilot where fisheries are co-managed by fishermen, community-based organizations, scientists and governments.4) Contribute to ongoing learning and science-based policy for sustainable fisheries locally, nationally and globally.5) Inform the public about a sustainable fishing future and engage broad support for the mission within and beyond Eastern Maine fishing communities.6) Strengthen the Maine Center for Coastal Fisheries as a vital and maturing organization.

Secure a sustainable future for fisheries and fishing communities in Eastern Maine and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,203,273$1,202,019▼ $1,254
Cash and Non-Interest-Bearing Accounts$371,527$317,895▼ $53,632
Intangible Assets$102,163$99,364▼ $2,799
Pledges and Grants Receivable$0$30,000▲ $30,000
Savings and Temporary Cash Investments$11,127$19,744▲ $8,617
Prepaid Expenses and Deferred Charges$9,770$12,407▲ $2,637
Accounts Receivable$33,541$8,987▼ $24,554
Total Assets$1,822,874$1,769,779▼ $53,095
Other Assets Total$91,473$79,363▼ $12,110
Liabilities
Mortgage Notes Payable Secured by Investment Property$171,482$232,546▲ $61,064
Accounts Payable and Accrued Expenses$63,533$112,491▲ $48,958
Other Liabilities$5,932$0▼ $5,932
Total Liabilities$240,947$345,037▲ $104,090
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,468,753$1,350,676▼ $118,077
Net Assets With Donor Restrictions$113,174$74,066▼ $39,108
Total Net Assets Fund Balance$1,581,927$1,424,742▼ $157,185
Total Liabilities and Net Assets / Fund Balance$1,822,874$1,769,779▼ $53,095

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,096,465$705,773$1,802,238
Equipment$39,556$87,771$127,327
Other Land Buildings$65,998-$65,998
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul AndersonPast Executive DirectorFT$61,494$11,532$73,026
Alexa DaytonExecutive DirectorFT$35,348$4,681$40,029

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,196,663
Program Service Revenue
$18,877
Investment Income
$-1,993
Other Revenue
$-4,269
All Other Contributions
$946,210
Change in Net Assets
$-145,535

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 Traded3$22,772Stock Market Value
Other Non Cash Contri Table1$3,000Selling Price of Don
Clothing and Household Goods-$1,000Donor Declared Cost
Total Noncash Contributions4$26,772-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$845,102
Other Expenses$456,162
Total Fundraising Expense$189,481
Grants and Similar Amounts Paid$53,549
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$354,308$96,659$92,665$543,632
Fees for Services Other$171,327$4,397$1,657$177,381
Current Officers, Directors, Trustees, and Key Employees$73,683$20,101$19,271$113,055
Other Employee Benefits$71,926$19,622$18,811$110,359
Occupancy$54,254$5,021$14,917$74,192
Depreciation Depletion$49,038$4,438$11,562$65,038
Payroll Taxes$36,524$9,964$9,552$56,040
Grants to Domestic Orgs$45,549--$45,549
Office Expenses$16,407$408$10,528$27,343
Pension Plan Contributions$14,349$3,914$3,753$22,016
Travel$20,993$482$182$21,657
Fees for Services Accounting$11,665$5,703$2,149$19,517
Conferences and Meetings$6,601$280$2,093$8,974
Grants to Domestic Individuals$8,000--$8,000
Advertising$7,685$25$9$7,719
Information Technology$1,962$548$474$2,984
Fees for Services Legal$898$439$165$1,502
Other Expenses$429$738$263$1,430
Insurance$1,056$188$71$1,315
Fees for Service Investment Mgmnt Fees-$715-$715
Total Functional Expenses$988,213$177,119$189,481$1,354,813
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tidal Bay Consulting LLCSouth Freeport, ME501(c)(3)Fiscal Sponsorship - Operational Support$19,050
Manomet Center for Conservation ScienceManomet, MA-Fiscal Sponsorship - Operational Support$10,500
University of Maine FoundationOrono, ME501(c)(3)Fiscal Sponsorship - Operational Support$10,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,518
Gaming Gross Income$3,115
Fundraising Direct Expenses$1,517
Gaming Direct Expenses$5
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Auction$8,241$8,241$573$7,668
Spring Auction$8,727$7,277$449$6,828
Total Events$16,968$15,518$1,516$14,002
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
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 11B

The Finance Manager reviews the draft 990 in detail. It is then passed to the board's Finance Committee to review. Once all questions and comments are resolved, the Finance Director consults with the Treasurer and Board Chair before authorizing filing. The full board receives a copy of the return at their next scheduled meeting.

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

Maine Center for Coastal Fisheries documents all conflict procedures by Maine Center for Coastal Fisheries recording the names of the persons disclosed, the names present for discussions, and the votes related to any arrangement agreed upon. At every December board meeting, conflict of interest forms are distributed to the full board for them to disclose any perceived conflicts related to the operations of the Organization.

Form 990, Part VI, Section B, line 15

The Executive Director's compensation is determined annually by the Board of Directors. The Executive Committee uses the Maine Association of Nonprofits' biennial salary and benefits survey report and other nonprofit compensation data to determine the compensation range for comparable positions. This information is presented to the board along with a recommendation on compensation from the Executive Committee. The full board approves the Executive Director's compensation package. A new Executive Director was hired following this procedure in August 2022. For other members of the Organization's leadership team, the Executive Director reviews the Maine Association of Nonprofits' compensation survey report to be sure the compensation packages are comparable to like positions in similarly situated organizations.

Form 990, Part VI, Section C, line 19

Governing documents, important policies, and financial statements are all available upon request.

Filing and Contact Details

Filer

Filer Name
Maine Center for Coastal Fisheries
EIN
27-0069386
Phone
2073672708
Address
PO Box 27, Stonington, ME 04681-0027

Signing Officer

Name
Alexa Dayton
Title
Executive Director
Phone
2073672708
Signed
2023-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexa Dayton
Formed
2003
Legal Domicile
Me
Voting Board Members
17
Independent Board Members
17
Employees
13
Volunteers
17

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Joseph R Byrne
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Program Experts: Program service expenses 160,827. Management and general expenses 4,397. Fundraising expenses 1,657. Total expenses 166,881. Fisherman/Vessel Services: Program service expenses 10,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,500.

Form 990, Part X, Line 10: Land, Buildings, and Equipment

Section 1.263(a)-3(n) Election: Maine Center for Coastal Fisheries PO Box 27 Stonington, ME 04681-0027 EIN: 27-0069386 Section 1.263(a)-3(n) Election: Maine Center for Coastal Fisheries is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).

Form 990, Part XI, line 9:

Change in Benefical Interest in Maine Community Foundation -11,650.

Raw XML AppendixShowing 400 of 658 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
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Secure a sustainable future for fisheries and fishing communities in Eastern Maine and beyond.
IRS990/AdvertisingGrp/FundraisingAmt09
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IRS990/Desc0Public Outreach and Communication includes the Organization's outreach to the public about a sustainable fishing future and to engage broad support within and beyond eastern Maine fishing communities. This includes the organization Fisheries Education Center at its waterfront headquarters, with touch tank, interactive wall, and virtual reality experience that provides fisheries information for all ages.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Joan Sorenson
IRS990/Form990PartVIISectionAGrp/PersonNm1David Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm2Charles Rudelitch
IRS990/Form990PartVIISectionAGrp/PersonNm3Jane Osborne
IRS990/Form990PartVIISectionAGrp/PersonNm4Marsden Brewer
IRS990/Form990PartVIISectionAGrp/PersonNm5Michelle Carter
IRS990/Form990PartVIISectionAGrp/PersonNm6Dwight Carver
IRS990/Form990PartVIISectionAGrp/PersonNm7Ted Hoskins
IRS990/Form990PartVIISectionAGrp/PersonNm8Elizabeth Jewett
IRS990/Form990PartVIISectionAGrp/PersonNm9Nancy Knowlton
IRS990/Form990PartVIISectionAGrp/PersonNm10Walter Kumiega
IRS990/Form990PartVIISectionAGrp/PersonNm11James Markos
IRS990/Form990PartVIISectionAGrp/PersonNm12Sarah McCloskey
IRS990/Form990PartVIISectionAGrp/PersonNm13Dana Morse
IRS990/Form990PartVIISectionAGrp/PersonNm14Elizabeth Rosemeier
IRS990/Form990PartVIISectionAGrp/PersonNm15David Tarr
IRS990/Form990PartVIISectionAGrp/PersonNm16Carl Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm17Alexa Dayton
IRS990/Form990PartVIISectionAGrp/PersonNm18Paul Anderson
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Past Executive Director
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IRS990/MissionDesc0Secure a sustainable future for fisheries and fishing communities in Eastern Maine and beyond, with goals to:1) Deliver practical tools and support for today's fishermen to adapt and succeed in a changing fishery.2) Partner with schools and community-based groups to provide K-12, university-level, and professional education to prepare fishermen, regulators and scientists for effective co-management roles.3) Lead an initiative to establish the Eastern Gulf of Maine as the first U.S. Ecosystem-based pilot where fisheries are co-managed by fishermen, community-based organizations, scientists and governments.4) Contribute to ongoing learning and science-based policy for sustainable fisheries locally, nationally and globally.5) Inform the public about a sustainable fishing future and engage broad support for the mission within and beyond Eastern Maine fishing communities.6) Strengthen the Maine Center for Coastal Fisheries as a vital and maturing organization.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Ecosystem Co-management includes all of the Organization's outreach to fishermen, its River Herring (Alewife) restoration activities and all its collaborative research including Sentinel Survey and other ground fish research. It also includes the community outreach, asset mapping and data management involved in the Cooperative Research and Development Agreement the Organization is developing with the National Marine Fisheries Service and the Maine Dept. of Marine Resources to develop the research framework to support a co-managed, ecosystem-based fisheries management pilot in eastern Maine.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Seafood Systems & Economic Development includes the Organization's work in seafood systems including participation in the Alliance for Maine's Marine Economy and SEA Maine as well as development of the Green Lobster Boat, a fuel-efficient trimaran design.
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