Civic Intelligence

Inland Woods Trails

990 • Fiscal year 2022 • EIN 45-3069168

Jan 01, 2022 to Dec 31, 2022 • Filed on May 24, 2023

PO Box 572Bethel, ME 04217

(207) 824-7096

Siviq Scores

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

Liabilities / Assets

39th percentile

0.03x

Higher debt load relative to assets than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

95th percentile

121%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

267%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,973,483

Up $1,081,700 (+121%) from 2021

Net Assets

Up

$1,921,330

Up $1,077,500 (+128%) from 2021

Liabilities

Up

$52,153

Up $4,200 (+8.8%) from 2021

Revenue

Up

$1,596,432

Up $1,161,918 (+267%) from 2021

Expenses

Up

$518,931

Up $108,995 (+27%) from 2021

Net Income

Up

$1,077,501

Up $1,052,923 (+4284%) from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $20,762Liabilities 2014: $0Net Assets 2014: $20,7622014Assets 2015: $25,277Liabilities 2015: $0Net Assets 2015: $25,2772015Assets 2016: $57,930Liabilities 2016: $26,836Net Assets 2016: $31,0942016Assets 2017: $101,655Liabilities 2017: $43,705Net Assets 2017: $57,9502017Assets 2018: $91,037Liabilities 2018: $20,638Net Assets 2018: $70,3992018Assets 2019: $660,058Liabilities 2019: $4,806Net Assets 2019: $655,2522019Assets 2020: $864,193Liabilities 2020: $44,940Net Assets 2020: $819,2532020Assets 2021: $891,783Liabilities 2021: $47,953Net Assets 2021: $843,8302021Assets 2022: $1,973,483Liabilities 2022: $52,153Net Assets 2022: $1,921,3302022Assets 2023: $2,255,745Liabilities 2023: $428,773Net Assets 2023: $1,826,9722023Assets 2024: $3,221,223Liabilities 2024: $439,813Net Assets 2024: $2,781,4102024

Highlighted filing

2022

Assets$1,973,483
Liabilities$52,153
Net Assets$1,921,330

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: $54,186Expenses 2014: $33,964Net Income 2014: $20,2222014Revenue 2015: $60,891Expenses 2015: $56,376Net Income 2015: $4,5152015Revenue 2016: $84,007Expenses 2016: $78,190Net Income 2016: $5,8172016Revenue 2017: $272,135Expenses 2017: $245,281Net Income 2017: $26,8542017Revenue 2018: $318,145Expenses 2018: $305,696Net Income 2018: $12,4492018Revenue 2019: $900,900Expenses 2019: $316,048Net Income 2019: $584,8522019Revenue 2020: $500,521Expenses 2020: $336,521Net Income 2020: $164,0002020Revenue 2021: $434,514Expenses 2021: $409,936Net Income 2021: $24,5782021Revenue 2022: $1,596,432Expenses 2022: $518,931Net Income 2022: $1,077,5012022Revenue 2023: $521,127Expenses 2023: $615,485Net Income 2023: -$94,3582023Revenue 2024: $1,681,736Expenses 2024: $727,298Net Income 2024: $954,4382024

Highlighted filing

2022

Revenue$1,596,432
Expenses$518,931
Net Income$1,077,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 24, 2023
Return Version
2022v5.0
Gross Receipts
$1,596,432
Mission and Program Overview

Mission

Connect communities through development

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$843,830$1,921,330▲ $1,077,500
Land, Buildings, and Equipment, Net$630,078$1,630,642▲ $1,000,564
Savings and Temporary Cash Investments$91,850$265,374▲ $173,524
Cash and Non-Interest-Bearing Accounts$169,113$76,725▼ $92,388
Other Notes and Loans Receivable, Net$742$742→ $0
Total Assets$891,783$1,973,483▲ $1,081,700
Liabilities
Other Liabilities$39,527$52,536▲ $13,009
Accounts Payable and Accrued Expenses$8,426$-383▼ $8,809
Total Liabilities$47,953$52,153▲ $4,200
Net Assets / Fund Balance
Total Net Assets Fund Balance$843,830$1,921,330▲ $1,077,500
Total Liabilities and Net Assets / Fund Balance$891,783$1,973,483▲ $1,081,700

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,535,441-$1,535,441
Equipment$95,201$65,522$160,723
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ed EasterPresident
Peter SouthamPresident
Jeff SloanVice President
James TasseDirector
Julie ReiffDirector
Karen WilsonDirector
Robin ZinchukDirector
Gabriel PerkinsExecutive Director
Jonathan GoldbergSecretary
Shawn McgowanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,492,473
Program Service Revenue
$103,753
Investment Income
$206
Other Revenue
$0
All Other Contributions
$1,482,017
Change in Net Assets
$1,077,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$292,290
Salaries, Compensation, and Employee Benefits$226,641
Total Fundraising Expense$43,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$121,508$51,550$25,251$198,309
Fees for Services Other$52,675--$52,675
Other Expenses$23,322$4,009-$23,322
Payroll Taxes$9,297$6,508$2,789$18,594
Occupancy$4,028$8,629$4,267$16,924
All Other Expenses$8,246$3,039$4,855$16,140
Advertising$12,529-$2,211$14,740
Depreciation Depletion$12,730$372-$13,102
Other Employee Benefits$2,532$3,798$3,408$9,738
Insurance$7,122$1,546$663$9,331
Conferences and Meetings-$7,744-$7,744
Travel-$2,882-$2,882
Office Expenses-$2,802-$2,802
Fees for Services Accounting-$1,630-$1,630
Interest$592--$592
Total Functional Expenses$380,978$94,509$43,444$518,931
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lee Dodge Chrysler Jeep$54,343
Direct Deposit Liabilities$333
Sales Tax Payable$31
Payroll Liabilities$-2,171
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 governing body review Part VI line 11

Copy is reviewed by treasurer and executive director, the entire governing body does not review the return.

CEO executive director top management comp Part VI line 15A

Compensation was reviewd and approved by independent persons, including comparability information. Final result of the deliberation was documented but not the details of compensation necessarily

Governing documents etc available to public Part VI line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Inland Woods Trails
EIN
45-3069168
Address
PO BOX 572, BETHEL, ME 04217

Signing Officer

Name
Gabe Perkins
Title
Executive Direc
Phone
2072177262
Signed
2023-05-24
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
9

Preparer

Firm
The Tax Loft
Address
PO Box 1151, Bethel, ME 04217
Preparer
Rebecca Record
Phone
2078247096
Supplemental Narrative

Additional Explanations

Other or change in accounting method Part XII line 1

The cash method box was checked in prior year accidentally but has been reported on accrual basis for years

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING ERRORS OF -$1

List of other fees for services expenses Part IX line 11G

Outside contractors such as consultants/engineers/or others to complete tasks necessary

Part IX response or note to any line in Part IX

ROUNDING ERROR

Raw XML AppendixShowing 400 of 465 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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IRS990/ProgramServiceRevenueGrp/Desc0EVENTS AND PROGRAMS
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0103753
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0295809
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027
IRS990/PYOtherExpensesAmt0192588
IRS990/PYProgramServiceRevenueAmt0138678
IRS990/PYRevenuesLessExpensesAmt024578
IRS990/PYSalariesCompEmpBnftPaidAmt0217348
IRS990/PYTotalExpensesAmt0409936
IRS990/PYTotalRevenueAmt0434514
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01077501
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01596431
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0843830
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01921330
IRS990/SavingsAndTempCashInvstGrp/BOYAmt091850
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0265374
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt025000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt031000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01492473
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0295809
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0369477
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0762231
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0220853
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03140843
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0206
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0237
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0103753
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0138678
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0131044
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0138669
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt097290
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0609434
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0206
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0237
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98500
IRS990ScheduleA/PublicSupportPY509Pct00.97710
IRS990ScheduleA/PublicSupportTotal509Amt03694277
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt021000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt035000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt056000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt025000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01596226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0434487
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0500521
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0900900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0318143
IRS990ScheduleA/Total509Grp/TotalAmt03750277
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01596432
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0434514
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0500521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0900900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0318147
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03750514
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt095201
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065522
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0160723
IRS990ScheduleD/LandGrp/BookValueAmt01535441
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01535441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-2171
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt354343
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DIRECT DEPOSIT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LEE DODGE CHRYSLER JEEP
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01630642
IRS990ScheduleD/TotalLiabilityAmt052536
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY IS REVIEWED BY TREASURER AND EXECUTIVE DIRECTOR, THE ENTIRE GOVERNING BODY DOES NOT REVIEW THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION WAS REVIEWD AND APPROVED BY INDEPENDENT PERSONS, INCLUDING COMPARABILITY INFORMATION. FINAL RESULT OF THE DELIBERATION WAS DOCUMENTED BUT NOT THE DETAILS OF COMPENSATION NECESSARILY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CASH METHOD BOX WAS CHECKED IN PRIOR YEAR ACCIDENTALLY BUT HAS BEEN REPORTED ON ACCRUAL BASIS FOR YEARS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING ERRORS OF -$1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OUTSIDE CONTRACTORS SUCH AS CONSULTANTS/ENGINEERS/OR OTHERS TO COMPLETE TASKS NECESSARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING ERROR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other or change in accounting method Part XII line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part IX response or note to any line in Part IX
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0891783
IRS990/TotalAssetsEOYAmt01973483
IRS990/TotalAssetsGrp/BOYAmt0891783
IRS990/TotalAssetsGrp/EOYAmt01973483
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01492473
IRS990/TotalEmployeeCnt09

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