Travis Mills Foundation FY2023 filing

Tax-deductible

Mount Vernon, ME501(c)(3)Since 2013Public & Societal BenefitEIN 46-4239670Revenue $8.2M in FY2023

On file with the IRStravismillsfoundation.org647 Castle Island Rd, 04352-3439 · Mount Vernon, METax-exempt since Jun 2014Publicly supported charity — 170(b)(1)(A)(vi)

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The Travis Mills Foundation supports recalibrated veterans and their families through various programs that help these heroic men and women overcome physical and emotional obstacles, strengthen their families, and provide well-deserved rest and relaxation.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$241K 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

FY2023 · 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
5 of 5
filings with a surplus
Average surplus $2.6M a year · 41% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$241K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
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
Named funders
11
named funders · $626K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$204K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 8 voting members
Looks good: 5 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.2M
-0.09% vs prior year
Spent
$5.1M
To programs
84%
Net assets
$22.1M
By yearFY2020–FY2024
Revenue
$8.2M
FY2023-0.09%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.8M
FY2021$6.2M
FY2022$8.2M
FY2023$8.2M
FY2024$6.3M
Expenses
$5.1M
FY2023▲ +29%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$2.5M
FY2022$4.0M
FY2023$5.1M
FY2024$5.4M
Net assets
$22.1M
FY2023▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.2M
FY2021$14.9M
FY2022$18.9M
FY2023$22.1M
FY2024$23.0M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Jun 2014.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $4.3M Management & general 5% · $256K Fundraising 11% · $548K

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

10 people listed on the 990; $241K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$88,946Pt VII · Sec A
Director of
$64,353Pt VII · Sec A
$52,000Pt VII · Sec A
Vice Preside
$35,868Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Heather Labbe’s $89K as Executive Di is at the 18th percentile of top reported officer pay among 731 $1–10M public & societal benefit 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 · 5 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Heather Hemphill—$91,014$76,542$80,000
Heather Labbe$88,946———
Kayla Krause$64,353———
James Shubert$52,000$52,000$52,000$41,000
Craig Buck$35,868$35,510$32,217$7,387

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

Programs and updates

Supports veterans and families recovering from injuries through programs for healing and rest.

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Provided by the organization

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1 program · $4.3M · in their own filed words · FY2023
01

The travis mills foundation operates a fully handicap-accessible retreat for recalibrated veterans and their families. The foundation supports these veterans through its nationally recognized retreat located in the belgrade lakes region of maine.

$4.3Mprogram 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 · FY2025
See all 11 funders →
Grants paid · 1 grant · $45K · 2023–2023
2serve Together FoundationFL · FY2023$45,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$8.2M
Ln 12
Gifts and grantsLn 1h$8.2M
Investment incomeLn 3$275K
Money outPt IX
$5.1M
Ln 25
Programscol B$4.3M
Managementcol C$256K
Fundraisingcol D$548K
Owns and owesPt X
$22.1M
net assets · Ln 32
Cash and savingsLn 1–2$4.0M
Total assetsLn 16$22.3M
LiabilitiesLn 26$204K
PeoplePt VI, VII
10
listed · VII A
PaidVII A4
Voting boardVI 1a8
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.2M
Government grantsLn 1e$421K
Noncash giftsLn 1g$615K
Fundraising eventsLn 1c$665K
Investment incomeLn 3$275K
Gains on assetsLn 7−$20K
Total revenueLn 12$8.2M
Assets in detailPt X, end of year
CashLn 1$3.8M
SavingsLn 2$191K
Cash and savings togetherLn 1–2$4.0M
InvestmentsLn 11–13$6.1M
Land, buildings, equipmentLn 10c$11.7M
Total assetsLn 16$22.3M
LiabilitiesLn 26$204K
Net assetsLn 32$22.1M
OperationsPt I, VI
EmployeesI 529
VolunteersI 6350
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 FY23End FY23
Cash and savingsLn 1–2$3.0M$4.0M
InvestmentsLn 11–13$3.2M$6.1M
Land, buildings, equipmentLn 10c$11.8M$11.7M
Total assetsLn 16$19.2M$22.3M
LiabilitiesLn 26$243K$204K
Net assetsLn 32$18.9M$22.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$45K$45K
Pay of current officers, directors and key staffLn 5$280K$132K$80K$69K
Other salaries and wagesLn 7$1.3M$1.2M$21K$84K
Other employee benefitsLn 9$232K$191K$16K$25K
Payroll taxesLn 10$142K$117K$10K$15K
Other fees for servicesLn 11g$286K$172K$87K$27K
Advertising and promotionLn 12$125K$75K$50K
Office expensesLn 13$88K$62K$6K$19K
OccupancyLn 16$109K$109K
TravelLn 17$468K$448K$1K$19K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$471K$452K$18K
InsuranceLn 23$132K$131K$927
Other expenses (24a–d)Ln 24$1.4M$1.1M$5K$228K
All other expensesLn 24e$30K$9K$10K$12K
Total functional expensesLn 25$5.1M$4.3M$256K$548K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.3M$5.4M$882K$23.0M 990 PDF
FY2023 Viewing $8.2M$5.1M$3.1M$22.1M 990 PDF
FY2022 $8.2M$4.0M$4.2M$18.9M 990 PDF
FY2021 $6.2M$2.5M$3.7M$14.9M 990 PDF
FY2020 $2.8M$1.8M$997K$11.2M 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 FY2023 990 (6 parts)
Part I · Summary $8,199,854 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,332,516$8,193,611
I-9 Program service revenue$0
I-10 Investment incomePrior year $89,472$275,102
I-11 Other revenuePrior year −$214,852−$268,859
I-12 Total revenuePrior year $8,207,136$8,199,854
I-13 Grants and similar amounts paid$45,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,540,926$1,997,580
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,418,361$3,070,678
I-18 Total expensesPrior year $3,959,287$5,113,258
I-19 Revenue less expensesPrior year $4,247,849$3,086,596
Part VI · Governance 5 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members5
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 $8,199,854 across 9 lines filed
Lines not itemized here account for −$147,129 of total revenue; see the IRS return.
VIII-1c Fundraising events$665,290
VIII-1e Government grants$421,161
VIII-1f All other contributions, gifts and grants$7,107,160
VIII-1g Noncash contributions (included above)$614,989
VIII-1h Total contributions, gifts and grants$8,193,611
VIII-3 Investment incomeExcluded from tax $295,042$295,042
VIII-7 Net gain or loss on sales of assetsRelated to mission $976 · Excluded from tax −$20,916−$19,940
VIII-8 Net income from fundraising events−$121,730
VIII-12 Total revenueRelated to mission −$146,153 · Excluded from tax $274,126$8,199,854
Part IX · Statement of functional expenses $5,113,258 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $45,000$45,000
IX-5 Pay of current officers, directors and key staffPrograms $131,809 · Management $79,762 · Fundraising $68,728$280,299
IX-7 Other salaries and wagesPrograms $1,238,261 · Management $21,040 · Fundraising $83,917$1,343,218
IX-9 Other employee benefitsPrograms $190,875 · Management $16,058 · Fundraising $24,927$231,860
IX-10 Payroll taxesPrograms $117,033 · Management $9,812 · Fundraising $15,358$142,203
IX-11g Other fees for servicesPrograms $172,113 · Management $86,755 · Fundraising $26,956$285,824
IX-12 Advertising and promotionPrograms $75,108 · Fundraising $49,968$125,076
IX-13 Office expensesPrograms $62,452 · Management $6,026 · Fundraising $19,499$87,977
IX-16 OccupancyPrograms $109,306$109,306
IX-17 TravelPrograms $448,272 · Management $1,463 · Fundraising $18,651$468,386
IX-20 InterestManagement $1,896$1,896
IX-22 Depreciation, depletion and amortizationPrograms $452,456 · Management $18,457$470,913
IX-23 InsurancePrograms $130,776 · Fundraising $927$131,703
IX-24 Other expenses (24a–d)Programs $1,126,234 · Management $5,067 · Fundraising $227,856$1,359,157
IX-24e All other expensesPrograms $8,926 · Management $9,914 · Fundraising $11,600$30,440
IX-25 Total functional expensesPrograms $4,308,621 · Management $256,250 · Fundraising $548,387$5,113,258
Part X · Balance sheet $22,291,549 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,271,789$3,773,229
X-2 Savings and temporary cash investmentsStart of year $1,772,034$191,249
X-3 Pledges and grants receivableStart of year $1,117,005$499,675
X-9 Prepaid expenses and deferred charges$47,753
X-10c Land, buildings and equipment, netStart of year $11,843,412$11,669,645
X-11 Publicly traded securitiesStart of year $3,176,838$6,091,885
X-14 Intangible assetsStart of year $2,557$18,113
X-16 Total assetsStart of year $19,183,635$22,291,549
X-17 Accounts payable and accrued expensesStart of year $242,707$177,440
X-25 Other liabilities$26,092
X-26 Total liabilitiesStart of year $242,707$203,532
X-27 Net assets without donor restrictionsStart of year $18,518,389$21,789,819
X-28 Net assets with donor restrictionsStart of year $422,539$298,198
X-32 Total net assets or fund balancesStart of year $18,940,928$22,088,017
X-33 Total liabilities and net assetsStart of year $19,183,635$22,291,549
Part XI · Reconciliation of net assets $22,088,017 net assets at year end
XI-1 Total revenue$8,199,854
XI-2 Total expenses$5,113,258
XI-3 Revenue less expenses$3,086,596
XI-4 Net assets at start of year$18,940,928
XI-5 Net unrealized gains (losses) on investments$60,493
XI-10 Net assets at end of year$22,088,017

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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