Civic Intelligence

Eagle Projects International Inc.

990 • Fiscal year 2018 • EIN 62-1395023

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 01, 2019

110 Burrough RoadSangerville, ME 04479

(207) 564-7100

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

28th percentile

0.00x

Higher debt load relative to revenue than 28% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

68th percentile

$54,000

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

97th percentile

214%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$143,725

Up $97,884 (+214%) from 2017

Net Assets

Up

$143,482

Up $145,629 (+6783%) from 2017

Liabilities

Down

$243

Down $47,745 (-99%) from 2017

Revenue

Up

$542,353

Up $139,288 (+35%) from 2017

Expenses

Up

$396,724

Up $12,931 (+3.4%) from 2017

Net Income

Up

$145,629

Up $126,357 (+656%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2010: $68,931Liabilities 2010: $4,835Net Assets 2010: $64,0962010Assets 2011: $45,338Liabilities 2011: $21,098Net Assets 2011: $24,2402011Assets 2012: $39,212Liabilities 2012: $23,616Net Assets 2012: $15,5962012Assets 2013: $43,732Liabilities 2013: $43,119Net Assets 2013: $6132013Assets 2014: $42,023Liabilities 2014: $81,695Net Assets 2014: -$39,6722014Assets 2015: $104,301Liabilities 2015: $92,084Net Assets 2015: $12,2172015Assets 2016: $70,091Liabilities 2016: $91,510Net Assets 2016: -$21,4192016Assets 2017: $45,841Liabilities 2017: $47,988Net Assets 2017: -$2,1472017Assets 2018: $143,725Liabilities 2018: $243Net Assets 2018: $143,4822018Assets 2019: $81,219Liabilities 2019: $32,761Net Assets 2019: $48,4582019Assets 2020: $138,872Liabilities 2020: $500Net Assets 2020: $138,3722020Assets 2021: $174,406Liabilities 2021: $5,198Net Assets 2021: $169,2082021Assets 2022: $60,997Liabilities 2022: $34,676Net Assets 2022: $26,3212022Assets 2023: $49,235Liabilities 2023: $79,996Net Assets 2023: -$30,7612023Assets 2024: $155,283Liabilities 2024: $27,474Net Assets 2024: $127,8092024

Highlighted filing

2018

Assets$143,725
Liabilities$243
Net Assets$143,482

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $637,4862010Expenses 2011: $478,5482011Expenses 2012: $425,0882012Revenue 2013: $349,111Expenses 2013: $364,094Net Income 2013: -$14,9832013Revenue 2014: $346,142Expenses 2014: $386,427Net Income 2014: -$40,2852014Revenue 2015: $357,789Expenses 2015: $305,900Net Income 2015: $51,8892015Revenue 2016: $312,858Expenses 2016: $346,496Net Income 2016: -$33,6382016Revenue 2017: $403,065Expenses 2017: $383,793Net Income 2017: $19,2722017Revenue 2018: $542,353Expenses 2018: $396,724Net Income 2018: $145,6292018Revenue 2019: $391,262Expenses 2019: $486,286Net Income 2019: -$95,0242019Revenue 2020: $399,026Expenses 2020: $309,112Net Income 2020: $89,9142020Revenue 2021: $539,673Expenses 2021: $508,837Net Income 2021: $30,8362021Revenue 2022: $504,282Expenses 2022: $647,169Net Income 2022: -$142,8872022Revenue 2023: $550,379Expenses 2023: $607,461Net Income 2023: -$57,0822023Revenue 2024: $743,609Expenses 2024: $585,033Net Income 2024: $158,5762024

Highlighted filing

2018

Revenue$542,353
Expenses$396,724
Net Income$145,629
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 1, 2019
Return Version
2018v3.1
Gross Receipts
$542,353
Mission and Program Overview

Mission

The organization is dedicated to taking its christian ministry and focus on the spiritual and physical needs of communities around the world and assisting them in their development and expansion.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$21,385$121,361▲ $99,976
Land, Buildings, and Equipment, Net$23,741$21,679▼ $2,062
Prepaid Expenses and Deferred Charges$715$685▼ $30
Total Assets$45,841$143,725▲ $97,884
Liabilities
Accounts Payable and Accrued Expenses$47,988$243▼ $47,745
Total Liabilities$47,988$243▼ $47,745
Net Assets / Fund Balance
Unrestricted Net Assets$-33,529$122,617▲ $156,146
Temporarily Rstr Net Assets$31,382$20,865▼ $10,517
Total Net Assets Fund Balance$-2,147$143,482▲ $145,629
Total Liabilities and Net Assets / Fund Balance$45,841$143,725▲ $97,884

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$19,215$11,938$31,153
Equipment$2,073$23,319$25,392
Other Land Buildings$391$1,894$2,285
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Philip EysterPresidentFT$54,000$54,000

Board Members and Trustees

NameTitle
John WillisChairman
Dave SchlupBoard Member
Dr Jim HowardBoard Member
Mark MillerBoard Member
R Bruce LeggettBoard Member
Rev Isaac De-graftBoard Member
Steve HustonBoard Member
Steve GibbsSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$542,351
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$0
All Other Contributions
$542,351
Change in Net Assets
$145,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$321,621
Salaries, Compensation, and Employee Benefits$75,103
Total Fundraising Expense$1,928
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$112,124$423-$112,547
Occupancy$41,624$13,874-$55,498
Current Officers, Directors, Trustees, and Key Employees$40,500$13,500-$54,000
All Other Expenses$9,798$14,345$1,911$26,054
Other Expenses$19,372--$19,372
Other Salaries and Wages$9,600$9,000-$18,600
Insurance$6,607$2,921$17$9,545
Fees for Services Accounting$3,958--$3,958
Advertising$2,953$984-$3,937
Office Expenses-$3,921-$3,921
Payroll Taxes$1,752$751-$2,503
Fees for Services Legal$2,344--$2,344
Depreciation Depletion$2,062--$2,062
Information Technology-$1,905-$1,905
Total Functional Expenses$333,172$61,624$1,928$396,724
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Page 6, Part VI, Line 11B

A copy of the return is provided to the executive director for review and approval before the return is filed with the irs.

Form 990, Page 6, Part VI, Line 12C

Officers, directors, trustees and any key employees are required annually to disclose any conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

All employees are paid a salary that is re-negotiated during the budget process. The president's salary is voted on by the board of directors.

Form 990, Page 6, Part VI, Line 19

Records are available upon request of the president.

Filing and Contact Details

Filer

Filer Name
Eagle Projects International Inc
EIN
62-1395023
Phone
2075647100
Address
110 BURROUGH ROAD, SANGERVILLE, ME 04479

Signing Officer

Name
Dr Philip Eyster
Title
President
Phone
2075647100
Signed
2019-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Philip Eyster
Formed
1989
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
30

Preparer

Firm
Bbsc Cpas
Address
38 PARKWAY SOUTH, BREWER, ME 04412-1628
Preparer
Michael P Jones CPA
Phone
2079418890
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Income taxes and uncertain tax positions the organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code and classified by the internal revenue service as other than a private foundation. Accordingly, no provision for income taxes has been recorded in the financial statements. The organization did not have any unrelated business income for the year ended december 31, 2018. The organization's income tax filings are subject to audit by various taxing authorities. The organization's open audit periods are 2015 - 2018. Any interest or penalties assessed to the organization are recorded in operating expenses. For the year ended december 31, 2018 there was no interest or penalties recorded in the accompanying financial statements. In assessing its tax positions, management believes its estimates are appropriate based on current facts and circumstances.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt036
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85930
IRS990ScheduleA/PublicSupportPY170Pct00.91430
IRS990ScheduleA/PublicSupportTotal170Amt01686177
IRS990ScheduleA/SubstantialContributorsTotAmt0275994
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0542351
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0403059
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0312840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0357782
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0346139
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01962171
IRS990ScheduleA/TotalSupportAmt01962207
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02073
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023319
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025392
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019215
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011938
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt031153
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0391
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01894
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02285
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES AND UNCERTAIN TAX POSITIONS THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2018. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION'S OPEN AUDIT PERIODS ARE 2015 - 2018. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. FOR THE YEAR ENDED DECEMBER 31, 2018 THERE WAS NO INTEREST OR PENALTIES RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ASSESSING ITS TAX POSITIONS, MANAGEMENT BELIEVES ITS ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021679
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE RETURN IS PROVIDED TO THE EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS, TRUSTEES AND ANY KEY EMPLOYEES ARE REQUIRED ANNUALLY TO DISCLOSE ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL EMPLOYEES ARE PAID A SALARY THAT IS RE-NEGOTIATED DURING THE BUDGET PROCESS. THE PRESIDENT'S SALARY IS VOTED ON BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RECORDS ARE AVAILABLE UPON REQUEST OF THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt020865
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt045841
IRS990/TotalAssetsGrp/EOYAmt0143725
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0542351
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01928
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061624
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0333172
IRS990/TotalFunctionalExpensesGrp/TotalAmt0396724
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt047988
IRS990/TotalLiabilitiesEOYAmt0243
IRS990/TotalLiabilitiesGrp/BOYAmt047988
IRS990/TotalLiabilitiesGrp/EOYAmt0243
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2147
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0143482
IRS990/TotalProgramServiceExpensesAmt0333172
IRS990/TotalReportableCompFromOrgAmt054000
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0542353
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt045841
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0143725
IRS990/TravelGrp/ManagementAndGeneralAmt0423
IRS990/TravelGrp/ProgramServicesAmt0112124
IRS990/TravelGrp/TotalAmt0112547
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-33529
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0122617
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0110 BURROUGH ROAD
IRS990/USAddress/CityNm0SANGERVILLE
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004479
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.EPIUSA.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR PHILIP EYSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02075647100
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAGLE PROJECTS INTERNATIONAL INC
ReturnHeader/Filer/BusinessNameControlTxt0EAGL
ReturnHeader/Filer/EIN0621395023
ReturnHeader/Filer/PhoneNum02075647100
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 BURROUGH ROAD
ReturnHeader/Filer/USAddress/CityNm0SANGERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004479
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A42E0CF4B0CFABFAFDAD50D00CF409967B1ADB50
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0105765E572DEB4DC3E7ACB4146B0BE8786E2D991
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-10-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:28:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043389217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BBSC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt038 PARKWAY SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BREWER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0044121628
ReturnHeader/PreparerPersonGrp/PhoneNum02079418890
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P JONES CPA
ReturnHeader/ReturnTs02019-10-03T13:28:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.55$0.27$1.28$7.44$5.85$1.59
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.80$0.31$5.50$6.07$0.57
2022Detailed filing. Detailed filing data is available for this year.$0.61$0.35$0.26$5.04$6.47$1.43
2021Detailed filing. Detailed filing data is available for this year.$1.74$0.05$1.69$5.40$5.09$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.01$1.38$3.99$3.09$0.90
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.33$0.48$3.91$4.86$0.95
2018Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.43$5.42$3.97$1.46
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.48$0.02$4.03$3.84$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.92$0.21$3.13$3.46$0.34
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.92$0.12$3.58$3.06$0.52
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.82$0.40$3.46$3.86$0.40
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.43$0.01$3.49$3.64$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.24$0.16$4.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.21$0.24$4.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.05$0.64$6.37