Center for Wildlife Studies

“Completed form 990 is provided to the board. All board members must provide written approval to file.”

“Questionnaire must be filed at least annually and all board members and executive are required to update this questionnaire if any information changes.”

“Executive compensation is determined by a compensation committee - chaired by the board treasurer, and composed of not fewer than 3 board members. No member of the executive may sit on the compensation committee. The compensation committee continues to consult the maine nonprofit compensation report to obtain comparable data on salaries paid by other similar organizations.”

“The organization's governing documents are available to the public upon request. Form 990 can be accessed via irs.gov and guidestar.org.”

“For the fiscal year ending 2024, the organization reviewed its accounting for tuition revenue related to courses offered. Previously, tuition payments were recorded as revenue when received. Under accrual accounting principles, tuition revenue should be recognized as earned only when the course is completed. Payments received prior to the course completion date are recorded as deferred revenue on the balance sheet. For fiscal year 2024, tuition revenue has been recorded correctly in accordance with this method. Going forward, the organization will continue to recognize tuition revenue only when courses are completed, and any advance payments will be recorded as deferred revenue. This change aligns accounting practices with generally accepted accounting principles (gaap) and ensures accurate reporting in future financial statements and tax filings.”

“Field service contractors ($ 79,222); instructional contractors ($114,788); instructor consulting fees ($500); lab fees ($ 12,112); lms support ($ 5,730); speaker honoraria ($ 350); professional & management support ($ 6,906); research services ($ 26,450) and other services ($850).”