Ocean Park Association FY2020 filing

Tax-deductible

Ocean Park, ME501(c)(3)Community DevelopmentEIN 01-0223014Revenue $488K in FY2020

On file with the IRSoceanpark.orgPo Box 7296, 04063-7296 · Ocean Park, METax-exempt since Sep 1945Publicly supported charity — 170(b)(1)(A)(vi)

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To conduct a summer assembly in the chautauqua tradition. The purpose of the Ocean Park Association is to affirm the traditions and spiritual heritage of which we are heirs, through a summer assembly program where christian worship, principles and ideals are at the focus; where diversity is celebrated and dignity of all is embraced and respected; where the natural beauty of our seaside resort is conserved and enhanced; and where programs centered on religion, education, recreation and culture provide opportunities for individual growth and family enrichment.

501(c)(3) charity; gifts are tax-deductible.
57¢ of each $1 spent went to programs.
$86K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · 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 $47K a year · 7% 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
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$86K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $36K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$44K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$488K
Spent
$508K
To programs
57%
Net assets
$3.5M
By yearFY2020–FY2024
Revenue
$488K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$488K
FY2021$636K
FY2022$693K
FY2023$771K
FY2024$964K
Expenses
$508K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$508K
FY2021$572K
FY2022$702K
FY2023$636K
FY2024$902K
Net assets
$3.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.5M
FY2021$3.7M
FY2022$3.3M
FY2023$3.5M
FY2024$3.7M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Sep 1945.

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

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $292K Management & general 33% · $167K Fundraising 10% · $49K

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

16 people listed on the 990; $86K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$85,740Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Lori Gramlich’s $66K as Executive Di is at the 43rd percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
Gerard Gosselin——$81,000$86,740$85,740
Lori Gramlich$66,288$72,692———

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.

See Ocean Park Association 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 15aYes

Programs and updates

Hosts summer assemblies focused on Christian worship, education, recreation, and culture.

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Provided by the organization

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3 programs · $292K · in their own filed words · FY2020
01

Religious, Cultural, and Educational Activities

The 2019 summer session included the following activities consistent with the chautauqua model: worship services, bible study and discussion, choir, concerts, classes, presentations, film and book discussion groups.

$191Kprogram expense
02

Post Office

Under contract with the united states postal service, year- round postal services are provided to the ocean park community.

$51Kprogram expense
03

Recreational Activities

The 2019 summer session included the following activities consistent with the chautauqua model: tennis, shuffleboard, exercise, youth drop-in center, and youth dances.

$50Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$36K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$488K
Ln 12
Gifts and grantsLn 1h$307K
Fees for servicesLn 2g$81K
Other incomeLn 4–11$58K
Money outPt IX
$508K
Ln 25
Programscol B$292K
Managementcol C$167K
Fundraisingcol D$49K
Owns and owesPt X
$3.5M
net assets · Ln 32
Cash and savingsLn 1–2$151K
Total assetsLn 16$3.5M
LiabilitiesLn 26$44K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$307K
Fees for servicesLn 2g$81K
Investment incomeLn 3$42K
Other incomeLn 4–11$58K
Gains on assetsLn 7$19K
Total revenueLn 12$488K
Assets in detailPt X, end of year
CashLn 1$91K
SavingsLn 2$60K
Cash and savings togetherLn 1–2$151K
InvestmentsLn 11–13$1.2M
Land, buildings, equipmentLn 10c$2.1M
Total assetsLn 16$3.5M
LiabilitiesLn 26$44K
Net assetsLn 32$3.5M
OperationsPt I, VI
EmployeesI 525
VolunteersI 6300
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$139K$151K
InvestmentsLn 11–13$1.1M$1.2M
Land, buildings, equipmentLn 10c$2.2M$2.1M
Total assetsLn 16$3.4M$3.5M
LiabilitiesLn 26$58K$44K
Net assetsLn 32$3.4M$3.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$86K$34K$43K$9K
Other salaries and wagesLn 7$184K$152K$32K
Legal feesLn 11b$120$120
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$4K$4K
Office expensesLn 13$32K$4K$20K$8K
Information technologyLn 14$6K$6K
InterestLn 20$1K$1K
Depreciation, depletion and amortizationLn 22$69K$69K
InsuranceLn 23$20K$16K$4K$313
Other expenses (24a–d)Ln 24$82K$82K
All other expensesLn 24e$12K$4K$8K
Total functional expensesLn 25$508K$292K$167K$49K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $964K$902K$63K$3.7M 990 PDF
FY2023 $771K$636K$135K$3.5M 990 PDF
FY2022 $693K$702K−$8K$3.3M 990 PDF
FY2021 $636K$572K$65K$3.7M 990 PDF
FY2020 Viewing $488K$508K−$20K$3.5M 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 FY2020 990 (6 parts)
Part I · Summary $488,071 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $273,218$306,974
I-9 Program service revenuePrior year $109,488$81,241
I-10 Investment incomePrior year $171,190$41,827
I-11 Other revenuePrior year $84,146$58,029
I-12 Total revenuePrior year $638,042$488,071
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $285,748$269,518
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $256,825$238,902
I-18 Total expensesPrior year $542,573$508,420
I-19 Revenue less expensesPrior year $95,469−$20,349
Part VI · Governance 15 of 15 board members independent, 1 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $488,071 across 9 lines filed
Lines not itemized here account for $1,649 of total revenue; see the IRS return.
VIII-1b Membership dues$83,800
VIII-1f All other contributions, gifts and grants$223,174
VIII-1h Total contributions, gifts and grants$306,974
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $81,241$81,241
VIII-3 Investment incomeExcluded from tax $23,019$23,019
VIII-6 Net rental income or lossRelated to mission $36,634$36,634
VIII-7 Net gain or loss on sales of assetsRelated to mission $18,808$18,808
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $19,296 · Excluded from tax $450$19,746
VIII-12 Total revenueRelated to mission $138,332 · Unrelated business $19,296 · Excluded from tax $23,469$488,071
Part IX · Statement of functional expenses $508,420 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $34,296 · Management $42,870 · Fundraising $8,574$85,740
IX-7 Other salaries and wagesPrograms $151,656 · Fundraising $32,122$183,778
IX-11b Legal feesManagement $120$120
IX-11c Accounting feesManagement $9,150$9,150
IX-11f Investment management feesManagement $2,839$2,839
IX-11g Other fees for servicesManagement $4,325$4,325
IX-13 Office expensesPrograms $4,432 · Management $19,755 · Fundraising $8,168$32,355
IX-14 Information technologyManagement $6,398$6,398
IX-20 InterestManagement $1,167$1,167
IX-22 Depreciation, depletion and amortizationManagement $68,546$68,546
IX-23 InsurancePrograms $15,935 · Management $4,032 · Fundraising $313$20,280
IX-24 Other expenses (24a–d)Programs $82,193$82,193
IX-24e All other expensesPrograms $3,631 · Management $7,898$11,529
IX-25 Total functional expensesPrograms $292,143 · Management $167,100 · Fundraising $49,177$508,420
Part X · Balance sheet $3,503,974 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $79,160$90,775
X-2 Savings and temporary cash investmentsStart of year $60,000$60,000
X-10c Land, buildings and equipment, netStart of year $2,195,315$2,144,555
X-11 Publicly traded securitiesStart of year $1,073,728$1,208,644
X-16 Total assetsStart of year $3,409,066$3,503,974
X-17 Accounts payable and accrued expensesStart of year $12,219$29,801
X-26 Total liabilitiesStart of year $58,105$43,839
X-27 Net assets without donor restrictionsStart of year $2,501,928$2,607,315
X-28 Net assets with donor restrictionsStart of year $849,033$852,820
X-32 Total net assets or fund balancesStart of year $3,350,961$3,460,135
X-33 Total liabilities and net assetsStart of year $3,409,066$3,503,974
Part XI · Reconciliation of net assets $3,460,135 net assets at year end
XI-1 Total revenue$488,071
XI-2 Total expenses$508,420
XI-3 Revenue less expenses−$20,349
XI-4 Net assets at start of year$3,350,961
XI-5 Net unrealized gains (losses) on investments$129,523
XI-10 Net assets at end of year$3,460,135

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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