Esther Residence EIN 45-2647234 Form 990 (PDF) Claim this org

Esther Residence

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Provides safe housing and support for women transitioning from incarceration. For fiscal year 2024 it reported $241K in revenue, $226K in expenses, and $2.9M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Saco, ME
Website
www.estherresidence.org
Filings
5 on file (2020–2024)
Revenue
$241KFY2024
Expenses
$226K
Net assets
$2.9M
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-2647234 Public charity (501(c)(3)) Saco, ME
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides safe housing and support for women transitioning from incarceration.
Leadership
Roger Beaupre · Director
Money in and out
$241K revenue, $226K expenses
Bottom line
72% program efficiency
Where the money goes · FY2024
Total revenue
$241K
Pt VIII · Ln 12
Total expenses
$226K
Pt IX · Ln 25
Net assets
$2.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $15K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.23 Fundraising $0.05
Program efficiency
72%
of spending reaches programs▲ +198% vs prior filing year
Operating runway
17.4mo
months of highly liquid reserves at operating expense rate▲ +54% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +217% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$241K
FY2024▼ -26%
Expenses
$226K
FY2024▼ -34%
Total assets
$2.9M
FY2024▲ +14%
Total liabilities
$84K
FY2024▼ -16%
Total revenue
$241K
Pt VIII · Ln 12
Total expenses
$226K
Pt IX · Ln 25
Net assets
$2.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$15K
Total assetsPt X · Ln 16$2.9M
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $163K of program spending, described in the organization's own filed words · FY2024.
01

2024 brought challenges in finding and keeping good staff. We had twelve residents: six had been in the State Correctional Center, three from the MH hospital unit, and three from treatment programs. Of these, six were on probation.

$163Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEsther Residence
EINHdr · item D45-2647234
Principal addressHdr · item CSaco, ME
WebsiteHdr · item Jwww.estherresidence.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MME
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1946

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-Chairperson
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$193K · 80%
Program service revenue$41K · 17%
Investment income$7K · 3%
Contributions & grants80%$193K
Program service revenue17%$41K
Investment income3%$7K
Total revenueLn 12$241K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.23 Fundraising $0.05
Program services72%$163K
Management & general23%$52K
Fundraising5%$11K
Total functional expensesLn 25$226K

Balance Sheet

Part X · end of year
CashLn 1$327K
Total assetsLn 16$2.9M
Total liabilitiesLn 26$84K
Total net assetsLn 32$2.9M
Months of cash on handcomputed17.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $327K · Operating expenses/yr $226K
17.4 months
Where the money goes
Program services
Program services $163K · Total expenses $226K
72%
Management & General
Management & general $52K · Total expenses $226K
23%
Fundraising
Fundraising $11K · Total expenses $226K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $204K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $193K · Total revenue $241K
80%
Government reliance
Government grants — · Total revenue $241K
Earned-income share
Program service revenue $41K · Total revenue $241K
17%
Investment reliance
Investment income $7K · Total revenue $241K
+3%
Program self-sufficiency
Program service revenue $41K · Total expenses $226K
18%
Growth & trend
Revenue growth (YoY)
This year $241K · Prior year $326K
-26%
Revenue CAGR
FY2020 $118K · FY2024 $241K
+19%
Net-asset trend (YoY)
End of year $2.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $241K · Expenses $226K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $2.9M
Net-asset ratio
Net assets $2.9M · Total assets $2.9M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Roger Beaupre · Reported title Director · Highest reported compensation $0 · Total expenses $226K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $116K · Total expenses $226K
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 23%
Fundraising cost ratio 6%
Revenue growth -26%
Legal fee ratio 0.2%
Accounting fee ratio 0.02%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$241K revenue · viewing · ⤓ 990 PDF
FY2023$326K revenue · ⤓ 990 PDF
FY2022$157K revenue · ⤓ 990 PDF
FY2021$137K revenue · ⤓ 990 PDF
FY2020$118K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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