Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Mildcoast Charitable Foundation of Mail
EIN 45-2556653 • 501(c)3 • Brunswick, ME
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.62x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$54,606
Up $54,373 (+23336%) from 2013
Liabilities
Up$33,587
Up $33,587 from 2013
Net Assets
$21,019
No earlier filing loaded for comparison.
Revenue
Up$64,000
Up $63,000 (+6300%) from 2013
Expenses
Up$45,698
Up $43,798 (+2305%) from 2013
Net Income
Up$18,302
Up $19,202 (+2134%) from 2013
Trend Graphs
Filings
Most recent year
2022 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $54,606
- Liabilities
- $33,587
- Net assets
- $21,019
- Revenue
- $64,000
- Expenses
- $45,698
- Net income
- $18,302
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending. | $54.6 | $33.6 | $21.0 | $64.0 | $45.7 | $18.3 |
| 2013Summary only. Only limited summary data is available for this year. | $0.23 | $0.00 | $1.00 | $1.90 | $0.90 | |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 12, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $64,000
Mission and Program Overview
Mission
The purpose of the foundation is to receive and hold charitable funds and distribute the income for charitable purposes to organizations serving individuals and families in the midcoast maine region. The mission is to strenghten community organizations and services that will improve the quality of life, economic viability and sustainability of the communities and not for profit organizations that serve that mission in the midcoast region.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO DONATED TO LOCAL CHARITABLE ORGANIZATIONS. | $44,000 | $45,698 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| HERMON NICHOLS | Chair | - | $0 | - | - |
| JOHN PETERS | Vice Chair | - | $0 | - | - |
| ANN MARIE SWENSON | Treasurer | - | $0 | - | - |
| LOIS SKILLINGS | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Midcoast Charitable Foundation of
- EIN
- 45-2556653
- Phone
- 2077986512
- Address
- 15 TERMINAL RD SUITE 200, BRUNSWICK, ME 04011
Signing Officer
- Name
- Hermon Nichols
- Title
- Chair
- Phone
- 2077986512
- Signed
- 2023-05-12
Preparer
- Firm
- Runyon Kersteen Ouellette
- Address
- 20 LONG CREEK DR, SOUTH PORTLAND, ME 04106
- Preparer
- Amy Chasse
- Phone
- 2077732986
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Other revenue 25 total 25”
Form 990-ez, Part I, Line 10
“Name: bath area food bank address: 807 middle street bath, me 04530 cash contribution: 6,000 name: family focus address: 30 venture avenue brunswick, me 04011 cash contribution: 6,000”
Form 990-ez, Part I, Line 16
“Expenses insurance 1,698 total 1,698”
Form 990-ez, Part II, Line 26
“Deferred revenue 77,587 33,587”
Form 990-ez, Part III
“The purpose of the foundation is to receive and hold charitable funds and distribute the income for charitable purposes to organizations serving individuals and families in the midcoast maine region. The mission is to strenghten community organizations and services that will improve the quality of life, economic viability and sustainability of the communities and not for profit organizations that serve that mission in the midcoast region.”
Raw XML Appendix152 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JEFFREY JORDAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2077986512 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15 TERMINAL ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BRUNSWICK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ME |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 04011 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 80304 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 54606 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 63975 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 18302 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 80304 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 54606 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 44000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 64000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 2717 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 21019 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 2717 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 21019 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | HERMON NICHOLS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOHN PETERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ANN MARIE SWENSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LOIS SKILLINGS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1698 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 25 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE FOUNDATION IS TO RECEIVE AND HOLD CHARITABLE FUNDS AND DISTRIBUTE THE INCOME FOR CHARITABLE PURPOSES TO ORGANIZATIONS SERVING INDIVIDUALS AND FAMILIES IN THE MIDCOAST MAINE REGION. THE MISSION IS TO STRENGHTEN COMMUNITY ORGANIZATIONS AND SERVICES THAT WILL IMPROVE THE QUALITY OF LIFE, ECONOMIC VIABILITY AND SUSTAINABILITY OF THE COMMUNITIES AND NOT FOR PROFIT ORGANIZATIONS THAT SERVE THAT MISSION IN THE MIDCOAST REGION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO DONATED TO LOCAL CHARITABLE ORGANIZATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 44000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 45698 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 77587 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 33587 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 45698 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 45698 |
| IRS990EZ/TotalRevenueAmt | 0 | 64000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 142010196 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | false |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 6 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | MIDCOAST REGIONAL REDEVELOPMENT AUTHORITY |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER REVENUE 25 TOTAL 25 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NAME: BATH AREA FOOD BANK ADDRESS: 807 MIDDLE STREET BATH, ME 04530 CASH CONTRIBUTION: 6,000 NAME: FAMILY FOCUS ADDRESS: 30 VENTURE AVENUE BRUNSWICK, ME 04011 CASH CONTRIBUTION: 6,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES INSURANCE 1,698 TOTAL 1,698 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DEFERRED REVENUE 77,587 33,587 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PURPOSE OF THE FOUNDATION IS TO RECEIVE AND HOLD CHARITABLE FUNDS AND DISTRIBUTE THE INCOME FOR CHARITABLE PURPOSES TO ORGANIZATIONS SERVING INDIVIDUALS AND FAMILIES IN THE MIDCOAST MAINE REGION. THE MISSION IS TO STRENGHTEN COMMUNITY ORGANIZATIONS AND SERVICES THAT WILL IMPROVE THE QUALITY OF LIFE, ECONOMIC VIABILITY AND SUSTAINABILITY OF THE COMMUNITIES AND NOT FOR PROFIT ORGANIZATIONS THAT SERVE THAT MISSION IN THE MIDCOAST REGION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HERMON NICHOLS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2077986512 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MIDCOAST CHARITABLE FOUNDATION OF |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | MAINE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MIDC |
| ReturnHeader/Filer/EIN | 0 | 452556653 |
| ReturnHeader/Filer/PhoneNum | 0 | 2077986512 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 15 TERMINAL RD SUITE 200 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BRUNSWICK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ME |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 04011 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 010440155 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RUNYON KERSTEEN OUELLETTE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 20 LONG CREEK DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SOUTH PORTLAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ME |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 04106 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2077732986 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AMY CHASSE |
| ReturnHeader/ReturnTs | 0 | 2023-05-15T11:46:33-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | HERMON |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | NICHOLS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
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