Civic Intelligence

Portside Foundation

990EZ • Fiscal year 2020 • EIN 82-4045670

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 12, 2021

417 US Route OneFalmouth, ME 04105

(207) 619-7571

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.24x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.06x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

68th percentile

18%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

95th percentile

299%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-33%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$12,308

Up $9,220 (+299%) from 2019

Net Assets

Up

$9,308

Up $9,220 (+10477%) from 2019

Liabilities

Flat

$3,000

Flat from 2019

Revenue

Down

$50,625

Down $25,107 (-33%) from 2019

Expenses

Down

$41,405

Down $32,604 (-44%) from 2019

Net Income

Up

$9,220

Up $7,497 (+435%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2018: $365Liabilities 2018: $2,000Net Assets 2018: -$1,6352018Assets 2019: $3,088Liabilities 2019: $3,000Net Assets 2019: $882019Assets 2020: $12,308Liabilities 2020: $3,000Net Assets 2020: $9,3082020Assets 2021: $50,248Liabilities 2021: $3,000Net Assets 2021: $47,2482021Assets 2022: $6,750Liabilities 2022: $3,000Net Assets 2022: $3,7502022Assets 2023: $7,006Liabilities 2023: $3,000Net Assets 2023: $4,0062023Assets 2024: $5,658Liabilities 2024: $3,000Net Assets 2024: $2,6582024

Highlighted filing

2020

Assets$12,308
Liabilities$3,000
Net Assets$9,308

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2018: $49,820Expenses 2018: $51,455Net Income 2018: -$1,6352018Revenue 2019: $75,732Expenses 2019: $74,009Net Income 2019: $1,7232019Revenue 2020: $50,625Expenses 2020: $41,405Net Income 2020: $9,2202020Revenue 2021: $227,223Expenses 2021: $189,283Net Income 2021: $37,9402021Revenue 2022: $56,203Expenses 2022: $99,701Net Income 2022: -$43,4982022Revenue 2023: $44,346Expenses 2023: $44,090Net Income 2023: $2562023Revenue 2024: $53,183Expenses 2024: $54,531Net Income 2024: -$1,3482024

Highlighted filing

2020

Revenue$50,625
Expenses$41,405
Net Income$9,220
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 12, 2021
Return Version
2020v4.0
Gross Receipts
$65,657
Mission and Program Overview

Mission

The Portside Foundation is organized as a public benefit corporation for the purpose of conducting fundraising events and activities to support charitable, scientific, and educational causes.

Program Services

DescriptionGrantsExpenses
Throughout 2020, the Portside Foundation remained vigilant and dedicated to its mission to improve the health and well-being of communities located in and around Portland, Maine. Through its grant-giving operations (which are supported through the Foundation's community-engaging events and fundraisers), the Foundation provided nearly $40,000 to area-charities, which collectively provided aid for human rights, public health, youth programs, scientific research, animal welware, and other charitable causes. While the COVID-19 Pandemic imposed many challenges on the Foundation, the Foundation was able to adapt and modify its events so that it remained a beneficial and active participant in its community. Additionally, the Foundation launched a new initiative called "1% for Maine" in October of 2020, where real-estate agents can easily donate 1% of their gross commission income back into the Foundation, which in turn the Foundation will turn over to other qualifying charitable organizations. The Foundation expects this program to fund many thousands of dollars worth of grants to Portland-based non-profits for years to come.$39,171$41,405
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dava DavinPresidentPT$0--
Jessica NasonSecretaryPT$0--
Nikki PetersenTreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hops for Habitat$12,494$5,494$2,128$3,366
Pins for a Cure$14,575$1,104$1,020$84
Total Events$38,316$12,376$15,032$-2,656
Filing and Contact Details

Filer

Filer Name
Portside Foundation
EIN
82-4045670
Phone
2076197571
Address
417 US Route One, Falmouth, ME 04105

Signing Officer

Name
Dava Davin
Title
President
Phone
2076197571
Signed
2021-03-12
Discuss with paid preparer
Yes

Preparer

Firm
Baker Newman & Noyes
Address
PO Box 507, Portland, ME 04112
Preparer
Connor Smart
Phone
2078792100
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Grant Funds for Operating Support. Grantee Name: Girls on the Run. Grantee Address: 980 Forest Avenue, Suite 206 Portland, ME 04103. Grantee Relationship: None. Property Description: Cash Donation. Date of Gift: 12/31/20. Amount Given: 5,937.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Grant Funds for Operating Support. Grantee Name: Maine Cancer Foundation. Grantee Address: 170 US Route 1, Suite 250 Falmouth, ME 04105. Grantee Relationship: None. Property Description: Cash Donation. Date of Gift: 12/31/20. Amount Given: 13,319. Total included on Form 990-EZ, line 10: 19,256.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Due to Affiliates. Beg. of Year Amount: 3,000. End of Year Amount: 3,000.

Raw XML Appendix174 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Nikki Petersen Treasurer
IRS990EZ/BooksInCareOfDetail/PhoneNum02076197571
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0417 US Route One
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Falmouth
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004105
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03088
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012308
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt053281
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt09220
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01750
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03088
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012308
IRS990EZ/FundraisingGrossIncomeAmt012376
IRS990EZ/GrantsAndSimilarAmountsPaidAmt039171
IRS990EZ/GrossReceiptsAmt065657
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt088
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09308
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt088
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09308
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dava Davin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jessica Nason
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Nikki Petersen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Portside Foundation is organized as a public benefit corporation for the purpose of conducting fundraising events and activities to support charitable, scientific, and educational causes.
IRS990EZ/PrintingPublicationsPostageAmt0484
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Throughout 2020, the Portside Foundation remained vigilant and dedicated to its mission to improve the health and well-being of communities located in and around Portland, Maine. Through its grant-giving operations (which are supported through the Foundation's community-engaging events and fundraisers), the Foundation provided nearly $40,000 to area-charities, which collectively provided aid for human rights, public health, youth programs, scientific research, animal welware, and other charitable causes. While the COVID-19 Pandemic imposed many challenges on the Foundation, the Foundation was able to adapt and modify its events so that it remained a beneficial and active participant in its community. Additionally, the Foundation launched a new initiative called "1% for Maine" in October of 2020, where real-estate agents can easily donate 1% of their gross commission income back into the Foundation, which in turn the Foundation will turn over to other qualifying charitable organizations. The Foundation expects this program to fund many thousands of dollars worth of grants to Portland-based non-profits for years to come.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt039171
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt041405
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt015032
IRS990EZ/SpecialEventsNetIncomeLossAmt0-2656
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0ME
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt041405
IRS990EZ/TotalProgramServiceExpensesAmt041405
IRS990EZ/TotalRevenueAmt050625
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.portsiderealestategroup.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt082759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt052312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0188352
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0180337
IRS990ScheduleA/SubstantialContributorsTotAmt08015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053281
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt082759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt052312
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0188352
IRS990ScheduleA/TotalSupportAmt0188352
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0800
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesOtherEventsAmt01170
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt01970
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025940
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt013471
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt07000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt05469
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015032
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Pins for a Cure
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Hops for Habitat
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04809
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04809
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012494
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt011247
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt038316
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01104
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt05494
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05778
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012376
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2656
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01007
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt01606
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02613
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01682
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04830
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01020
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02128
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0810
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0810
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Classification: Grant Funds for Operating Support. Grantee Name: Girls on the Run. Grantee Address: 980 Forest Avenue, Suite 206 Portland, ME 04103. Grantee Relationship: None. Property Description: Cash Donation. Date of Gift: 12/31/20. Amount Given: 5,937.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: Grant Funds for Operating Support. Grantee Name: Maine Cancer Foundation. Grantee Address: 170 US Route 1, Suite 250 Falmouth, ME 04105. Grantee Relationship: None. Property Description: Cash Donation. Date of Gift: 12/31/20. Amount Given: 13,319. Total included on Form 990-EZ, line 10: 19,256.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Due to Affiliates. Beg. of Year Amount: 3,000. End of Year Amount: 3,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Dava Davin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02076197571
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Portside Foundation
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0824045670
ReturnHeader/Filer/PhoneNum02076197571
ReturnHeader/Filer/USAddress/AddressLine1Txt0417 US Route One
ReturnHeader/Filer/USAddress/CityNm0Falmouth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004105
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010494526
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Baker Newman & Noyes
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 507
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004112
ReturnHeader/PreparerPersonGrp/PhoneNum02078792100
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Connor Smart
ReturnHeader/ReturnTs02021-05-13T11:16:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Dava
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Davin
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings