Civic Intelligence

Growsmart Maine

990 • Fiscal year 2015 • EIN 81-0620660

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 23, 2015

415 Congress Street Suite 204Portland, ME 04101

(207) 699-4330

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.02x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

63rd percentile

9.6%

Higher net margin than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

96th percentile

$71,743

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 22.7% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

75th percentile

26%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$158,929

Up $32,385 (+26%) from 2014

Net Assets

Up

$152,027

Up $30,470 (+25%) from 2014

Liabilities

Up

$6,902

Up $1,915 (+38%) from 2014

Revenue

Up

$315,962

Up $58,396 (+23%) from 2014

Expenses

Up

$285,492

Up $28,261 (+11%) from 2014

Net Income

Up

$30,470

Up $30,135 (+8996%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $118,041Liabilities 2011: $19,122Net Assets 2011: $98,9192011Assets 2012: $171,420Liabilities 2012: $19,546Net Assets 2012: $151,8742012Assets 2013: $124,756Liabilities 2013: $3,534Net Assets 2013: $121,2222013Assets 2014: $126,544Liabilities 2014: $4,987Net Assets 2014: $121,5572014Assets 2015: $158,929Liabilities 2015: $6,902Net Assets 2015: $152,0272015Assets 2016: $94,599Liabilities 2016: $7,373Net Assets 2016: $87,2262016Assets 2017: $133,663Liabilities 2017: $14,007Net Assets 2017: $119,6562017Assets 2018: $96,331Liabilities 2018: $14,357Net Assets 2018: $81,9742018Assets 2019: $123,151Liabilities 2019: $36,976Net Assets 2019: $86,1752019Assets 2020: $89,929Liabilities 2020: $51,669Net Assets 2020: $38,2602020Assets 2021: $125,547Liabilities 2021: $45,314Net Assets 2021: $80,2332021Assets 2022: $187,876Liabilities 2022: $62,310Net Assets 2022: $125,5662022Assets 2023: $460,420Liabilities 2023: $271,814Net Assets 2023: $188,6062023

Highlighted filing

2015

Assets$158,929
Liabilities$6,902
Net Assets$152,027

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $337,972Expenses 2011: $294,377Net Income 2011: $43,5952011Expenses 2012: $274,7992012Expenses 2013: $368,3072013Revenue 2014: $257,566Expenses 2014: $257,231Net Income 2014: $3352014Revenue 2015: $315,962Expenses 2015: $285,492Net Income 2015: $30,4702015Revenue 2016: $190,484Expenses 2016: $255,285Net Income 2016: -$64,8012016Revenue 2017: $233,431Expenses 2017: $201,001Net Income 2017: $32,4302017Revenue 2018: $173,006Expenses 2018: $210,688Net Income 2018: -$37,6822018Revenue 2019: $215,946Expenses 2019: $211,745Net Income 2019: $4,2012019Revenue 2020: $182,086Expenses 2020: $230,001Net Income 2020: -$47,9152020Revenue 2021: $215,283Expenses 2021: $173,310Net Income 2021: $41,9732021Revenue 2022: $223,478Expenses 2022: $178,145Net Income 2022: $45,3332022Revenue 2023: $482,025Expenses 2023: $418,984Net Income 2023: $63,0412023

Highlighted filing

2015

Revenue$315,962
Expenses$285,492
Net Income$30,470
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 23, 2015
Return Version
2014v5.0
Gross Receipts
$315,962
Mission and Program Overview

Mission

To build lasting prosperity without sacrificing the quality of life that defines maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$48,370$68,565▲ $20,195
Pledges and Grants Receivable$25,025$30,000▲ $4,975
Land, Buildings, and Equipment, Net-$30,000-
Savings and Temporary Cash Investments$52,864$17,301▼ $35,563
Prepaid Expenses and Deferred Charges$285$13,063▲ $12,778
Total Assets$126,544$158,929▲ $32,385
Liabilities
Accounts Payable and Accrued Expenses$4,987$6,902▲ $1,915
Total Liabilities$4,987$6,902▲ $1,915
Net Assets / Fund Balance
Temporarily Rstr Net Assets$51,935$83,277▲ $31,342
Unrestricted Net Assets$69,622$68,750▼ $872
Total Net Assets Fund Balance$121,557$152,027▲ $30,470
Total Liabilities and Net Assets / Fund Balance$126,544$158,929▲ $32,385

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,000-$30,000
Equipment-$18,596$18,596
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nancy E SmithExecutive DiFT$71,743$71,743

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$250,320
Program Service Revenue
$64,325
Investment Income
$0
Other Revenue
$1,317
All Other Contributions
$170,000
Change in Net Assets
$30,470

Noncash Contribution Practices

Property subject to holding requirements
Yes
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art1$30,000Donor Est. Comp. Sales
Total Noncash Contributions1$30,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$177,408
Other Expenses$108,084
Total Fundraising Expense$58,242
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,092$25,894$6,321$81,307
Other Salaries and Wages$17,702$18,672$35,755$72,129
Office Expenses$9,906$2,893$2,845$15,644
Payroll Taxes$5,075$3,553$3,604$12,232
Other Employee Benefits$3,032$3,076$5,632$11,740
Conferences and Meetings$9,148$2,216$72$11,436
Occupancy$3,119$2,172$2,134$7,425
Travel$4,519$829$182$5,530
Fees for Services Accounting-$5,134-$5,134
Information Technology$2,019$1,232$1,211$4,462
Insurance-$3,067-$3,067
Advertising$1,505$577$486$2,568
Fees for Services Other-$418-$418
Other Expenses$52,165$235-$235
Total Functional Expenses$157,282$69,968$58,242$285,492
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
Yes
Subject to proxy tax
No
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 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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Each member shall be entitled to cast one vote at annual or special meetings of the corporation for appointment of directors.

Form 990, Page 6, Part VI, Line 7B

The organization has two membership classes: individual and corporate. Each member must be at least 18 years of age, and shall have agreed to take an active interest in and be willing to support and serve the organization. Eligible individuals or corporations become a member upon payment of the annual membership dues as set by directors, and shall continue as a member until removal or resignation. Each member shall be entitled to cast one vote at annual or special meetings of the corporation for such purposes or such other matters as may be prescribed for consideration of the members by the articles of incorporation, the by-laws of the corporation, amendments thereto, and the laws and statutes of the state of maine, as from time to time constituted. Members shall not have the right to cumulate their votes. Specifically, the members shall have the following rights: a) expansion or contraction of the size of the board of directors; appointment of directors; amendments, modification, or restatement of the articles of incorporation; dissolution, merger or consolidation of the corporation; any other matters which a majority of the board voting on the matter votes to submit to the members.

Form 990, Page 6, Part VI, Line 11B

The governing body receives a copy of the form 990 before the return is filed.

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

At the first meeting of each calendar year, each board member shall reaquaint himself or herself with the conflict of interest section of the corporate bylaws and so indicate this by signing a board devised document indicating this and circulated by the chair amongst the members.

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

The board obtains and reviews comparative salary data in order to determine compensation of the executive director.

Form 990, Page 6, Part VI, Line 19

The organization makes governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Growsmart Maine
EIN
81-0620660
Phone
2076994330
Address
415 CONGRESS STREET SUITE 204, PORTLAND, ME 04101

Signing Officer

Name
Nancy Smith
Title
Executive Director
Phone
2076994330
Signed
2015-11-23

Organization Details

Principal Officer
Nancy Smith
Formed
2003
Legal Domicile
Me
Voting Board Members
17
Independent Board Members
17
Employees
3
Volunteers
27

Preparer

Firm
Smith & Associates Cpas
Address
500 US ROUTE 1 STE 203, YARMOUTH, ME 04096-6937
Preparer
Amanda Schultz Brown CPA
Phone
2078468881
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4C

Forests, project canopy works to help maine communities stay leafy and green.

Form 990, Page 2, Part III, Line 4D

Advocacy - land use planning and community investments, innovation and land conservation and natural resource sector viability. These are the issues that growsmart maine considers to be priorities in protecting maine's quality of plave and promoting sustainable propserity in maine. We will be working with the maine state legislature to focus on growing our economy in a sustainable way, promoting sustainable prosperity for all mainers. Other activities - hold open public meetings at which speakers give presentations on the nature, causes, and consequences of urban sprawl.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.60$2.72$1.89$4.82$4.19$0.63
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.62$1.26$2.23$1.78$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.45$0.80$2.15$1.73$0.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.52$0.38$1.82$2.30$0.48
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.37$0.86$2.16$2.12$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.14$0.82$1.73$2.11$0.38
2017Summary only. Only limited summary data is available for this year.$1.34$0.14$1.20$2.33$2.01$0.32
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.07$0.87$1.90$2.55$0.65
2015Detailed filing. Detailed filing data is available for this year.$1.59$0.07$1.52$3.16$2.85$0.30
2014Detailed filing. Detailed filing data is available for this year.$1.27$0.05$1.22$2.58$2.57$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.04$1.21$3.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.20$1.52$2.75
2011Summary only. Only limited summary data is available for this year.$1.18$0.19$0.99$3.38$2.94$0.44
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits