Civic Intelligence

Nasson Center Redevelopment Inc.

990 • Fiscal year 2019 • EIN 74-3029645

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 16, 2020

457 Main StreetSpringvale, ME 04083

(207) 324-5657

Siviq Scores

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

Liabilities / Assets

55th percentile

0.05x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.12x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

33rd percentile

-2.0%

Higher net margin than 33% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

57th percentile

$27,139

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

30th percentile

-2.8%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

32nd percentile

-4.5%

Faster revenue growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$997,534

Down $28,985 (-2.8%) from 2018

Net Assets

Down

$950,701

Down $8,964 (-0.9%) from 2018

Liabilities

Down

$46,833

Down $20,021 (-30%) from 2018

Revenue

Down

$406,447

Down $18,961 (-4.5%) from 2018

Expenses

Down

$414,666

Down $17,384 (-4.0%) from 2018

Net Income

Down

-$8,219

Down $1,577 (-24%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,051,357Liabilities 2010: $109,825Net Assets 2010: $941,5322010Assets 2011: $1,063,749Liabilities 2011: $101,927Net Assets 2011: $961,8222011Assets 2012: $1,017,378Liabilities 2012: $92,684Net Assets 2012: $924,6942012Assets 2013: $988,142Liabilities 2013: $85,656Net Assets 2013: $902,4862013Assets 2014: $1,003,478Liabilities 2014: $113,702Net Assets 2014: $889,7762014Assets 2015: $1,025,198Liabilities 2015: $95,425Net Assets 2015: $929,7732015Assets 2016: $1,018,071Liabilities 2016: $77,314Net Assets 2016: $940,7572016Assets 2017: $1,032,053Liabilities 2017: $65,106Net Assets 2017: $966,9472017Assets 2018: $1,026,519Liabilities 2018: $66,854Net Assets 2018: $959,6652018Assets 2019: $997,534Liabilities 2019: $46,833Net Assets 2019: $950,7012019Assets 2020: $1,185,390Liabilities 2020: $173,910Net Assets 2020: $1,011,4802020Assets 2021: $1,283,420Liabilities 2021: $154,379Net Assets 2021: $1,129,0412021Assets 2022: $1,249,340Liabilities 2022: $138,124Net Assets 2022: $1,111,2162022Assets 2023: $1,163,509Liabilities 2023: $130,112Net Assets 2023: $1,033,3972023Assets 2024: $1,052,282Liabilities 2024: $123,011Net Assets 2024: $929,2712024

Highlighted filing

2019

Assets$997,534
Liabilities$46,833
Net Assets$950,701

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $190,504Expenses 2010: $208,028Net Income 2010: -$17,5242010Expenses 2011: $358,9732011Expenses 2012: $292,0322012Revenue 2013: $239,664Expenses 2013: $261,872Net Income 2013: -$22,2082013Revenue 2014: $262,246Expenses 2014: $274,956Net Income 2014: -$12,7102014Revenue 2015: $304,637Expenses 2015: $264,640Net Income 2015: $39,9972015Revenue 2016: $277,798Expenses 2016: $266,814Net Income 2016: $10,9842016Revenue 2017: $349,016Expenses 2017: $311,981Net Income 2017: $37,0352017Revenue 2018: $425,408Expenses 2018: $432,050Net Income 2018: -$6,6422018Revenue 2019: $406,447Expenses 2019: $414,666Net Income 2019: -$8,2192019Revenue 2020: $344,638Expenses 2020: $325,456Net Income 2020: $19,1822020Revenue 2021: $464,731Expenses 2021: $373,173Net Income 2021: $91,5582021Revenue 2022: $493,721Expenses 2022: $494,290Net Income 2022: -$5692022Revenue 2023: $450,411Expenses 2023: $527,083Net Income 2023: -$76,6722023Revenue 2024: $490,853Expenses 2024: $461,534Net Income 2024: $29,3192024

Highlighted filing

2019

Revenue$406,447
Expenses$414,666
Net Income-$8,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 16, 2020
Return Version
2019v5.0
Gross Receipts
$406,447
Mission and Program Overview

Mission

To provide adults/youth with civic, cultural, & recreational opportunites/events. Also provide a childcare center for the sanford/springvale area.

To provide adultsyouth with civic cultural and recreational opportunitiesevents also provide a childcare center for the communit

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$982,194$953,090▼ $29,104
Cash and Non-Interest-Bearing Accounts$37,535$41,679▲ $4,144
Accounts Receivable$6,790$2,765▼ $4,025
Total Assets$1,026,519$997,534▼ $28,985
Liabilities
Mortgage Notes Payable Secured by Investment Property$62,785$42,045▼ $20,740
Accounts Payable and Accrued Expenses$4,069$4,788▲ $719
Total Liabilities$66,854$46,833▼ $20,021
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$959,665$950,701▼ $8,964
Total Net Assets Fund Balance$959,665$950,701▼ $8,964
Total Liabilities and Net Assets / Fund Balance$1,026,519$997,534▼ $28,985

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$864,623$347,206$1,211,829
Equipment$5,997$81,590$87,587
Leasehold Improvements$32,470$47,083$79,553
Land$50,000-$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emily SheffieldExecutive DirectorFT$27,139$27,139

Board Members and Trustees

NameTitle
Kevin LanglaisPresident
David ParentV President
Constance WhiterbyDirector
Dawn Self-cooperDirector
Edward TitcombDirector
Jack McadamDirector
Barbara BoyleHonorary Member
Gary MorseHonorary Member
Marynel DriscollSecretary
Roger DurantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,482
Program Service Revenue
$384,965
Investment Income
$0
Other Revenue
$0
All Other Contributions
$21,482
Change in Net Assets
$-8,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$235,205
Other Expenses$179,461
Total Fundraising Expense$3,370
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$208,066--$208,066
Depreciation Depletion$41,399--$41,399
Current Officers, Directors, Trustees, and Key Employees$27,139--$27,139
Insurance$11,775--$11,775
Other Expenses$11,327--$11,327
All Other Expenses--$3,370$3,370
Fees for Services Accounting$2,466--$2,466
Interest$2,287--$2,287
Advertising$302--$302
Travel$78--$78
Total Functional Expenses$411,296$0$3,370$414,666
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
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

The governing body reviews the documents before they are signed

Part VI Line 11B

And mailed to the appropriate party.

Part VI Line 19

Above listed documents were made avaialable upon request,

Part VI Line 19

Located at the office in springvale, me.

Filing and Contact Details

Filer

Filer Name
Nasson Center Redevelopment Inc
EIN
74-3029645
In Care Of
% KEVIN LANGLAIS
Address
457 MAIN STREET, Springvale, ME 04083
Doing Business As
Nasson Community Center

Signing Officer

Name
Kevin Langlais
Title
President
Phone
2073245657
Signed
2020-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Langlais
Formed
2002
Legal Domicile
Me
Voting Board Members
8
Independent Board Members
8
Employees
13

Preparer

Firm
IT'S TAX TIME
Address
PO BOX 378, SANFORD, ME 04073-0378
Preparer
Rebecca Simpson
Phone
2072520881
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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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0227204
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0864623
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0347206
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01211829
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt05997
IRS990ScheduleD/EquipmentGrp/DepreciationAmt081590
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt087587
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt032470
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt047083
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IRS990ScheduleD/SolicitedAssetsSaleInd0false
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IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY REVIEWS THE DOCUMENTS BEFORE THEY ARE SIGNED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AND MAILED TO THE APPROPRIATE PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ABOVE LISTED DOCUMENTS WERE MADE AVAIALABLE UPON REQUEST,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOCATED AT THE OFFICE IN SPRINGVALE, ME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0997534
IRS990/TotalAssetsGrp/BOYAmt01026519
IRS990/TotalAssetsGrp/EOYAmt0997534
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt021482
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03370
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0411296
IRS990/TotalFunctionalExpensesGrp/TotalAmt0414666
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt066854
IRS990/TotalLiabilitiesEOYAmt046833
IRS990/TotalLiabilitiesGrp/BOYAmt066854
IRS990/TotalLiabilitiesGrp/EOYAmt046833
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0959665
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0950701
IRS990/TotalProgramServiceExpensesAmt0411296
IRS990/TotalProgramServiceRevenueAmt0384965
IRS990/TotalReportableCompFromOrgAmt027139
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0384965
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0406447
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01026519
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0997534
IRS990/TravelGrp/ProgramServicesAmt078
IRS990/TravelGrp/TotalAmt078
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0SPRINGVALE
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004083
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
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ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN LANGLAIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02073245657
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NASSON CENTER REDEVELOPMENT INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0NASSON COMMUNITY CENTER
ReturnHeader/Filer/BusinessNameControlTxt0NASS
ReturnHeader/Filer/EIN0743029645
ReturnHeader/Filer/InCareOfNm0% KEVIN LANGLAIS
ReturnHeader/Filer/USAddress/AddressLine1Txt0457 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0Springvale
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ReturnHeader/Filer/USAddress/ZIPCd004083
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E6C7CA19A960EF13048DAAF81B106F6E17B63FEE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E6C7CA19A960EF13048DAAF81B106F6E17B63FEE
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId001165620201071561898
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-04-16
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.233.119.124
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270216644
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0IT'S TAX TIME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 378
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SANFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0040730378
ReturnHeader/PreparerPersonGrp/PhoneNum02072520881
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA SIMPSON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-04-16T11:29:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.$1.05$0.12$0.93$0.49$0.46$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.16$0.13$1.03$0.45$0.53$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.14$1.11$0.49$0.49$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.15$1.13$0.46$0.37$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.17$1.01$0.34$0.33$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.05$0.95$0.41$0.41$0.01
2018Summary only. Only limited summary data is available for this year.$1.03$0.07$0.96$0.43$0.43$0.01
2017Summary only. Only limited summary data is available for this year.$1.03$0.07$0.97$0.35$0.31$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.08$0.94$0.28$0.27$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.10$0.93$0.30$0.26$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.11$0.89$0.26$0.27$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.99$0.09$0.90$0.24$0.26$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.09$0.92$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.10$0.96$0.36
2010Summary only. Only limited summary data is available for this year.$1.05$0.11$0.94$0.19$0.21$0.02