Trefethen Evergreen Improvement FY2021 filing

Tax-deductible

Peaks Island, ME501(c)(3)Recreation & SportsEIN 01-0173095

Seasonally operated (July & August) social and recreational facility providing tennis and waterfront facilities along with youth activities and instruction in sailing and tennis.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $67K a year · 21% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 9.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$59K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$332K
+129% vs prior year
Spent
$245K
To programs
0%
Net assets
$545K
By yearFY2020–FY2025
Revenue
$332K
FY2021▲ +129%
Revenue by fiscal year
FY2020$145K
FY2021$332K
FY2022$347K
FY2023$312K
FY2024$340K
FY2025$466K
Expenses
$245K
FY2021▲ +30%
Expenses by fiscal year
FY2020$188K
FY2021$245K
FY2022$245K
FY2023$265K
FY2024$297K
FY2025$301K
Net assets
$545K
FY2021▲ +27%
Net assets by fiscal year
FY2020$429K
FY2021$545K
FY2022$608K
FY2023$666K
FY2024$736K
FY2025$881K

From the FY2021 Form 990 (year ending September 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2025.

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

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director & Chairperson
$0Pt VII · Sec A
Director & Vice-Chairperson
$0Pt VII · Sec A
Director & Treasurer
$0Pt VII · Sec A
Director & Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Trefethen Evergreen Improvement executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers summer tennis, sailing, and waterfront fun with youth instruction.

Provided by the organization

This section is blank until Trefethen Evergreen Improvement claims this page.

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3 program services account for $49K of program spending, described in the organization's own filed words · FY2020.
01

Approximately 75 people participated in our organized sailing programs of instruction and took part in local and regional competitions.

$26Kprogram expense
02

Over 150 tennis members participated in open play, tournaments instruction on our three HarTru tennis courts.

$15Kprogram expense
03

Over 50 member families used our docks and waterfront facilities.

$8Kprogram expense

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$332K
Ln 12
Gifts and grantsLn 1h$126K
Fees for servicesLn 2g$116K
Other incomeLn 4–11$82K
Money outPt IX
$245K
Ln 25
Owns and owesPt X
$545K
net assets · Ln 32
Cash and savingsLn 1–2$189K
Total assetsLn 16$604K
LiabilitiesLn 26$59K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$126K
Government grantsLn 1e$56K
Fees for servicesLn 2g$116K
Investment incomeLn 3$7K
Other incomeLn 4–11$82K
Total revenueLn 12$332K
Assets in detailPt X, end of year
CashLn 1$99K
SavingsLn 2$90K
Cash and savings togetherLn 1–2$189K
InvestmentsLn 11–13$186K
Land, buildings, equipmentLn 10c$217K
Total assetsLn 16$604K
LiabilitiesLn 26$59K
Net assetsLn 32$545K
OperationsPt I, VI
EmployeesI 518
VolunteersI 660
Fiscal year endsHeaderSeptember
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$164K$189K
InvestmentsLn 11–13$150K$186K
Land, buildings, equipmentLn 10c$171K$217K
Total assetsLn 16$485K$604K
LiabilitiesLn 26$56K$59K
Net assetsLn 32$429K$545K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$90K$0$0$0
Payroll taxesLn 10$8K$0$0$0
Advertising and promotionLn 12$2K$0$0$0
OccupancyLn 16$61K$0$0$0
Depreciation, depletion and amortizationLn 22$20K$0$0$0
InsuranceLn 23$19K$0$0$0
Other expenses (24a–d)Ln 24$36K$0$0$0
All other expensesLn 24e$10K$0$0$0
Total functional expensesLn 25$245K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $466K$301K$166K$881K 990 PDF
FY2024 $340K$297K$43K$736K 990 PDF
FY2023 $312K$265K$47K$666K 990 PDF
FY2022 $347K$245K$101K$608K 990 PDF
FY2021 Viewing $332K$245K$86K$545K 990 PDF
FY2020 $145K$188K−$43K$429K 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 (4 parts)
Part VIII · Statement of revenue $331,800 across 9 lines filed
VIII-1b Membership dues$56,555
VIII-1e Government grants$56,102
VIII-1f All other contributions, gifts and grants$13,545
VIII-1h Total contributions, gifts and grants$126,202
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$116,432
VIII-3 Investment incomeUnrelated business $6,850 · Excluded from tax $0$6,850
VIII-6 Net rental income or lossRelated to mission $33,625$33,625
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $48,691$48,691
VIII-12 Total revenueRelated to mission $150,057 · Unrelated business $6,850 · Excluded from tax $48,691$331,800
Part IX · Statement of functional expenses $245,443 across 8 lines filed
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$89,818
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$8,474
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$1,823
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$60,882
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$20,471
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$18,714
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$35,519
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$9,742
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$245,443
Part X · Balance sheet $603,888 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $67,615$99,144
X-2 Savings and temporary cash investmentsStart of year $96,531$90,141
X-4 Accounts receivable$11,305
X-10c Land, buildings and equipment, netStart of year $170,648$216,869
X-11 Publicly traded securitiesStart of year $150,028$186,429
X-16 Total assetsStart of year $484,822$603,888
X-25 Other liabilitiesStart of year $56,102$59,167
X-26 Total liabilitiesStart of year $56,102$59,167
X-32 Total net assets or fund balancesStart of year $428,720$544,721
X-33 Total liabilities and net assetsStart of year $484,822$603,888
Part XI · Reconciliation of net assets $544,721 net assets at year end
XI-1 Total revenue$331,800
XI-2 Total expenses$245,443
XI-3 Revenue less expenses$86,357
XI-4 Net assets at start of year$428,720
XI-5 Net unrealized gains (losses) on investments$29,644
XI-10 Net assets at end of year$544,721

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

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