Prouts Neck Association FY2021 filing

Tax-deductible

Scarborough, ME501(c)(3)EIN 01-0145133Revenue $175K in FY2021

On file with the IRSproutsneck.org499 Black Point Rd, 04074-8616 · Scarborough, METax-exempt since Mar 1955Publicly supported — 509(a)(2)

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Community betterment

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$9K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $26K a year · 13% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$9K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $12K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$175K
+42% vs prior year
Spent
$211K
To programs
65%
Net assets
$1.0M
By yearFY2020–FY2024
Revenue
$175K
FY2021▲ +42%
Tap a bar for its year
Revenue by fiscal year
FY2020$124K
FY2021$175K
FY2022$139K
FY2023$297K
FY2024$257K
Expenses
$211K
FY2021▲ +28%
Tap a bar for its year
Expenses by fiscal year
FY2020$165K
FY2021$211K
FY2022$116K
FY2023$151K
FY2024$218K
Net assets
$1.0M
FY2021▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.0M
FY2021$1.0M
FY2022$1.0M
FY2023$1.2M
FY2024$1.2M

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1955.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $136K Management & general 35% · $75K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $9K paid to officers and key staff.

Part VII, Section A · reportable compensation
Asst Treasurer & Secretary
$9,483Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer, Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Gerald Daly$11,819————
Deborah Jackson—$11,456$9,969$9,483$9,059

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides postal, library, and environmental protection services for community betterment.

Questions for Prouts Neck Association

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Provided by the organization

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1 program · $136K · in their own filed words · FY2021
01

Provides postal, library, and environmental protection services in and around the community of prouts neck.

$136Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 2 grants · $14K · 2020–2023
Ketcha OutdoorsME · FY2023$7,500
Project G R A C EME · FY2020$6,700

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$175K
Ln 12
Gifts and grantsLn 1h$115K
Investment incomeLn 3$55K
Fees for servicesLn 2g$4K
Money outPt IX
$211K
Ln 25
Programscol B$136K
Managementcol C$75K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$136K
Total assetsLn 16$1.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$115K
Fees for servicesLn 2g$4K
Investment incomeLn 3$55K
Other incomeLn 4–11$2K
Gains on assetsLn 7$34K
Total revenueLn 12$175K
Assets in detailPt X, end of year
CashLn 1$34K
SavingsLn 2$101K
Cash and savings togetherLn 1–2$136K
InvestmentsLn 11–13$834K
Land, buildings, equipmentLn 10c$41K
Total assetsLn 16$1.0M
LiabilitiesLn 26$0
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 55
VolunteersI 616
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$142K$136K
InvestmentsLn 11–13$855K$834K
Land, buildings, equipmentLn 10c$44K$41K
Total assetsLn 16$1.0M$1.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.0M$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$14K$14K
Pay of current officers, directors and key staffLn 5$9K$9K
Other salaries and wagesLn 7$17K$9K$7K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$12K$12K
Office expensesLn 13$3K$3K
Information technologyLn 14$2K$2K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$7K$3K$5K
Other expenses (24a–d)Ln 24$129K$106K$23K
All other expensesLn 24e$60$60
Total functional expensesLn 25$211K$136K$75K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $257K$218K$39K$1.2M 990 PDF
FY2023 $297K$151K$146K$1.2M 990 PDF
FY2022 $139K$116K$23K$1.0M 990 PDF
FY2021 Viewing $175K$211K−$36K$1.0M 990 PDF
FY2020 $124K$165K−$41K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $175,420 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $100,828$114,693
I-9 Program service revenuePrior year $4,000$4,050
I-10 Investment incomePrior year $16,223$54,563
I-11 Other revenuePrior year $2,582$2,114
I-12 Total revenuePrior year $123,633$175,420
I-13 Grants and similar amounts paidPrior year $13,300$14,265
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $21,570$25,830
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $129,966$170,864
I-18 Total expensesPrior year $164,836$210,959
I-19 Revenue less expensesPrior year −$41,203−$35,539
Part VI · Governance 13 of 13 board members independent, 4 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $175,420 across 7 lines filed
VIII-1f All other contributions, gifts and grants$114,693
VIII-1h Total contributions, gifts and grants$114,693
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,050$4,050
VIII-3 Investment incomeExcluded from tax $20,539$20,539
VIII-7 Net gain or loss on sales of assetsExcluded from tax $34,024$34,024
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,114$2,114
VIII-12 Total revenueRelated to mission $6,164 · Unrelated business $0 · Excluded from tax $54,563$175,420
Part IX · Statement of functional expenses $210,959 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $14,265$14,265
IX-5 Pay of current officers, directors and key staffManagement $9,059$9,059
IX-7 Other salaries and wagesPrograms $9,411 · Management $7,360$16,771
IX-11b Legal feesManagement $6,534$6,534
IX-11c Accounting feesManagement $6,400$6,400
IX-11g Other fees for servicesManagement $12,289$12,289
IX-13 Office expensesManagement $3,498$3,498
IX-14 Information technologyManagement $2,152$2,152
IX-22 Depreciation, depletion and amortizationPrograms $3,155$3,155
IX-23 InsurancePrograms $2,907 · Management $4,587$7,494
IX-24 Other expenses (24a–d)Programs $106,415 · Management $22,867$129,282
IX-24e All other expensesPrograms $60$60
IX-25 Total functional expensesPrograms $136,213 · Management $74,746 · Fundraising $0$210,959
Part X · Balance sheet $1,025,217 assets, 8 lines filed
Asset lines not itemized here account for $14,720; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $40,538$34,432
X-2 Savings and temporary cash investmentsStart of year $101,148$101,259
X-10c Land, buildings and equipment, netStart of year $44,433$41,278
X-11 Publicly traded securitiesStart of year $854,917$833,528
X-16 Total assetsStart of year $1,041,036$1,025,217
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,041,036$1,025,217
X-33 Total liabilities and net assetsStart of year $1,041,036$1,025,217
Part XI · Reconciliation of net assets $1,025,217 net assets at year end
XI-1 Total revenue$175,420
XI-2 Total expenses$210,959
XI-3 Revenue less expenses−$35,539
XI-4 Net assets at start of year$1,041,036
XI-8 Prior period adjustments$19,720
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,025,217

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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