Big Tree Boating Association FY2021 filing

Tax-deductible

Islesboro, ME501(c)(3)Recreation & SportsEIN 01-0511284

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Big Tree Boating is a community sailing program offering classes for all abilities (ages 10 and up) and open to all residents and visitors of Islesboro. The program is designed to teach proper seamanship, respect for the water and a lifelong love of sailing.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$17K 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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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
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$17K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
36 mo
of spending, in cash
Looks good: 36.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $6K
Looks good: 4 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
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
$199K
+218% vs prior year
Spent
$73K
To programs
82%
Net assets
$306K
By yearFY2020–FY2024
Revenue
$199K
FY2021▲ +218%
Revenue by fiscal year
FY2020$63K
FY2021$199K
FY2022$165K
FY2023$92K
FY2024$119K
Net assets
$306K
FY2021▲ +78%
Net assets by fiscal year
FY2020$172K
FY2021$306K
FY2022$362K
FY2023$358K
FY2024$371K

From the FY2021 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1997.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $60K Management & general 15% · $11K Fundraising 3% · $2K

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; $17K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$17,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Katie Wuori’s $20K as Executive Dir. is at the 36th percentile of top reported officer pay among 1016 $100K–1M recreation & sports 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Katie Wuori$20,000$20,000$20,000$17,000$15,000

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 Big Tree Boating 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Teaches sailing and seamanship to all ages and abilities, fostering a love for the water.

Provided by the organization

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1 program service account for $60K of program spending, described in the organization's own filed words · FY2021.
01

Big Tree Boating Association provides sailing instruction andopportunities for recreational sailing to the members of theIslesboro community.

$60Kprogram expense

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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
Dillon FundFY2024$2K
Total grants receivedfrom 4 funders$6K
See all 4 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$199K
Ln 12
Gifts and grantsLn 1h$181K
Fees for servicesLn 2g$12K
Investment incomeLn 3$5K
Money outPt IX
$73K
Ln 25
Programscol B$60K
Managementcol C$11K
Fundraisingcol D$2K
Owns and owesPt X
$306K
net assets · Ln 32
Cash and savingsLn 1–2$223K
Total assetsLn 16$306K
LiabilitiesLn 26$0
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$181K
Noncash giftsLn 1g$19K
Fees for servicesLn 2g$12K
Investment incomeLn 3$5K
Other incomeLn 4–11$1K
Gains on assetsLn 7$5K
Total revenueLn 12$199K
Assets in detailPt X, end of year
CashLn 1$223K
SavingsLn 2$0
Cash and savings togetherLn 1–2$223K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$54K
Other assetsLn 15$0
Total assetsLn 16$306K
LiabilitiesLn 26$0
Net assetsLn 32$306K
OperationsPt I, VI
EmployeesI 511
VolunteersI 618
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$118K$223K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$54K$54K
Total assetsLn 16$172K$306K
LiabilitiesLn 26$0$0
Net assetsLn 32$172K$306K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$17K$13K$3K$850
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$14K$14K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$2K$2K$260$65
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$3K$3K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$801$801
Other fees for servicesLn 11g$559$559
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$929$836$93
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$11K$11K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$13K$11K$1K$619
All other expensesLn 24e$3K$1K$1K$861
Total functional expensesLn 25$73K$60K$11K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $119K$371K 990 PDF
FY2023 $92K$358K 990 PDF
FY2022 $165K$362K 990 PDF
FY2021 Viewing $199K$73K$126K$306K 990 PDF
FY2020 $63K$172K 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 $199,079 across 10 lines filed
Lines not itemized here account for $1,196 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$180,883
VIII-1g Noncash contributions (included above)$19,050
VIII-1h Total contributions, gifts and grants$180,883
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,693$11,693
VIII-3 Investment incomeExcluded from tax $352$352
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $4,955$4,955
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $16,648 · Excluded from tax $1,548$199,079
Part IX · Statement of functional expenses $73,380 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $12,750 · Management $3,400 · Fundraising $850$17,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $13,833$13,833
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $2,034 · Management $260 · Fundraising $65$2,359
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $3,010$3,010
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $801$801
IX-11g Other fees for servicesManagement $559$559
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $836 · Fundraising $93$929
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $11,109$11,109
IX-23 InsurancePrograms $7,545$7,545
IX-24 Other expenses (24a–d)Programs $11,349 · Management $1,022 · Fundraising $619$12,990
IX-24e All other expensesPrograms $1,326 · Management $1,058 · Fundraising $861$3,245
IX-25 Total functional expensesPrograms $59,946 · Management $10,946 · Fundraising $2,488$73,380
Part X · Balance sheet $306,096 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $118,031$222,567
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$30,000
X-10c Land, buildings and equipment, netStart of year $54,020$53,529
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $172,051$306,096
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $172,051$306,096
X-32 Total net assets or fund balancesStart of year $172,051$306,096
X-33 Total liabilities and net assetsStart of year $172,051$306,096
Part XI · Reconciliation of net assets $306,096 net assets at year end
XI-1 Total revenue$199,079
XI-2 Total expenses$73,380
XI-3 Revenue less expenses$125,699
XI-4 Net assets at start of year$172,051
XI-5 Net unrealized gains (losses) on investments$8,349
XI-9 Other changes in net assets−$3
XI-10 Net assets at end of year$306,096

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

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