Civic Intelligence

Boothbay Harbor Waterfront Preservation

EIN 83-1192450 • 501(c)3 • Boothbay Harbor, ME

Profile

Organization aims to enhance the traditional character of boothbay harbor and pursue opportunities to protect working waterfront and expand public access to the water for the benefit of residents and visitors alike.

PO Box 55Boothbay Harbor, ME 04538

boothbayharborwaterfrontpreservation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

12th percentile

0.00x

Higher debt load relative to revenue than 12% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

6th percentile

-53%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

24th percentile

-2.9%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-72%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,626,938

Down $197,638 (-2.9%) from 2023

Liabilities

Up

$922

Up $100 (+12%) from 2023

Net Assets

Down

$6,626,016

Down $197,738 (-2.9%) from 2023

Revenue

Down

$373,671

Down $962,793 (-72%) from 2023

Expenses

Up

$571,409

Up $175,766 (+44%) from 2023

Net Income

Down

-$197,738

Down $1,138,559 (-121%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $3,862,962Liabilities 2019: $450,600Net Assets 2019: $3,412,3622019Assets 2020: $5,033,843Liabilities 2020: $500,000Net Assets 2020: $4,533,8432020Assets 2021: $5,893,251Liabilities 2021: $0Net Assets 2021: $5,893,2512021Assets 2022: $5,883,033Liabilities 2022: $100Net Assets 2022: $5,882,9332022Assets 2023: $6,824,576Liabilities 2023: $822Net Assets 2023: $6,823,7542023Assets 2024: $6,626,938Liabilities 2024: $922Net Assets 2024: $6,626,0162024

Highlighted filing

2024

Assets$6,626,938
Liabilities$922
Net Assets$6,626,016

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $3,508,866Expenses 2019: $96,152Net Income 2019: $3,412,7142019Revenue 2020: $1,275,040Expenses 2020: $153,559Net Income 2020: $1,121,4812020Revenue 2021: $1,642,155Expenses 2021: $282,747Net Income 2021: $1,359,4082021Revenue 2022: $283,660Expenses 2022: $293,978Net Income 2022: -$10,3182022Revenue 2023: $1,336,464Expenses 2023: $395,643Net Income 2023: $940,8212023Revenue 2024: $373,671Expenses 2024: $571,409Net Income 2024: -$197,7382024

Highlighted filing

2024

Revenue$373,671
Expenses$571,409
Net Income-$197,738

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$373,671
Mission and Program Overview

Mission

Organization aims to enhance the traditional character of boothbay harbor and pursue opportunities to protect working waterfront and expand public access to the water for the benefit of residents and visitors alike.

BBHWP provides the only public ocean access on the east side of Boothbay Harbor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,450,199$4,308,255▼ $141,944
Savings and Temporary Cash Investments$1,828,378$2,158,140▲ $329,762
Cash and Non-Interest-Bearing Accounts$545,999$160,543▼ $385,456
Total Assets$6,824,576$6,626,938▼ $197,638
Liabilities
Accounts Payable and Accrued Expenses$822$922▲ $100
Total Liabilities$822$922▲ $100
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,294,310$6,626,016▲ $331,706
Net Assets With Donor Restrictions$529,444$0▼ $529,444
Total Net Assets Fund Balance$6,823,754$6,626,016▼ $197,738
Total Liabilities and Net Assets / Fund Balance$6,824,576$6,626,938▼ $197,638

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,951,180$470,912$2,422,092
Land$2,087,896-$2,087,896
Equipment$269,179$57,416$326,595

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$529,444-▲ $22,999-$552,443
2023$509,063-▲ $20,381-$529,444
2022$506,777-▲ $2,286-$509,063
2021$506,777---$506,777
2020$501,531-▲ $5,246-$506,777
Compensation and Service Providers

Board Members and Trustees

NameTitle
John O'ConnellPresident
Don KennistonVice President
Andrea NielsenDirector
Bob McKayDirector
Devyn CampbellDirector
Ellen NewtonDirector
George CraigDirector
Geroge McEvoyDirector
John SeitzerDirector
Karen WernerDirector
Mary KalerDirector
Michelle WilsonDirector
Nancy McEvoyDirector
Norm PierceDirector
David FlanaganSecretary
Marion ColemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$223,298
Program Service Revenue
$39,441
Investment Income
$93,932
Other Revenue
$17,000
All Other Contributions
$223,298
Change in Net Assets
$-197,738
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$559,834
Salaries, Compensation, and Employee Benefits$11,575
Total Fundraising Expense$1,466
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$141,942--$141,942
Fees for Services Legal-$118,169-$118,169
Insurance-$21,165-$21,165
Office Expenses-$14,949-$14,949
Occupancy$3,543$8,401-$11,944
Other Salaries and Wages-$11,575-$11,575
Other Expenses$5,720--$5,720
Fees for Services Accounting-$3,300-$3,300
Information Technology$670-$671$1,341
Advertising--$795$795
Fees for Services Other-$750-$750
Total Functional Expenses$391,634$178,309$1,466$571,409
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
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
No
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, Part VI, Section A, line 2

Nancy McEvoy and George McEvoy have a family relationship.

Form 990, Part VI, Section B, line 11B

A copy of the Form 990 is emailed to all members of the Board for review. Questions from the Board are addressed prior to filing with the IRS.

Form 990, Part VI, Section B, line 12C

All Board members, Advisory Council members, and employees are subject to the conflict of interest policy. The Board President reviews disclosures and determines appropriate actions. Covered Persons must disclose any actual, potential, or perceived conflicts of interest to BBHWP leadership and refrain from using confidential information for outside benefit. They must abstain from related discussions and votes unless asked to provide information. In serious cases, they may be asked to take a leave or resign.

Form 990, Part VI, Section C, line 19

Documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Boothbay Harbor Waterfront Preservation
EIN
83-1192450
Phone
2073156579
Address
PO Box 55, Boothbay Harbor, ME 04538

Signing Officer

Name
Marion Coleman
Title
Treasurer
Phone
2073156579
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John O'Connell
Formed
2018
Legal Domicile
Me
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
25

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1:

The organization adopted the accrual basis of accounting in 2024.

Financial Statement Notes

Part V, Line 4:

In 2019, the Board of Directors established an endowment fund to provide for maintenance and operating expenses related to the organization's property located at 65 Atlantic Ave in Boothbay Harbor, Maine. The fund is invested utilizing a long-term growth strategy and is overseen by the Treasurer of the Board. Funds withdrawn are limited to no more than 6% of the principal as of December 31 of the calendar year immediately preceding the year of the withdrawal. The 6% limit may be exceeded for extraordinary repairs and expenses provided a vote of at least 66% of the Board of Directors authorizes the withdrawal.

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IRS990/Form990PartVIISectionAGrp/PersonNm6Mary Kaler
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IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/Desc0Program service fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt039441
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt039441
IRS990/ProgSrvcAccomActy2Grp/Desc0BBHWP provides slips, a pier, and a hoist for fishermen to dock, unload their catches, store equipment and traps, and perform maintenance on their boats.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07024
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt019050
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01266172
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt069392
IRS990/PYOtherExpensesAmt0395643
IRS990/PYOtherRevenueAmt0900
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0940821
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0395643
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01336464
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-197738
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt017000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt020391
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01828378
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02158140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0223298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01266172
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0269787
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01623843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01251945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04635045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0110932
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt069392
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01113
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01246
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05251
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0187934
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt084436
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.50470
IRS990ScheduleA/PublicSupportPY170Pct00.43090
IRS990ScheduleA/PublicSupportTotal170Amt02434157
IRS990ScheduleA/SubstantialContributorsTotAmt02200888
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0223298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01266172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0269787
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01623843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01251945
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04635045
IRS990ScheduleA/TotalSupportAmt04822979
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt01951180
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0470912
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02422092
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0529444
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0552443
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt022999
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0509063
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0529444
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020381
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0506777
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0509063
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02286
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0506777
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0506777
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0501531
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0506777
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05246
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0269179
IRS990ScheduleD/EquipmentGrp/DepreciationAmt057416
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0326595
IRS990ScheduleD/LandGrp/BookValueAmt02087896
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02087896
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In 2019, the Board of Directors established an endowment fund to provide for maintenance and operating expenses related to the organization's property located at 65 Atlantic Ave in Boothbay Harbor, Maine. The fund is invested utilizing a long-term growth strategy and is overseen by the Treasurer of the Board. Funds withdrawn are limited to no more than 6% of the principal as of December 31 of the calendar year immediately preceding the year of the withdrawal. The 6% limit may be exceeded for extraordinary repairs and expenses provided a vote of at least 66% of the Board of Directors authorizes the withdrawal.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04308255
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Nancy McEvoy and George McEvoy have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A copy of the Form 990 is emailed to all members of the Board for review. Questions from the Board are addressed prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All Board members, Advisory Council members, and employees are subject to the conflict of interest policy. The Board President reviews disclosures and determines appropriate actions. Covered Persons must disclose any actual, potential, or perceived conflicts of interest to BBHWP leadership and refrain from using confidential information for outside benefit. They must abstain from related discussions and votes unless asked to provide information. In serious cases, they may be asked to take a leave or resign.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are available for public inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization adopted the accrual basis of accounting in 2024.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06824576
IRS990/TotalAssetsEOYAmt06626938
IRS990/TotalAssetsGrp/BOYAmt06824576
IRS990/TotalAssetsGrp/EOYAmt06626938
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0223298
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01466
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0178309

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