Friends Of Casco Bay
- Assets
- $2.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 8
- Location
- South Portland, ME
- Founding
- 01/1991
- Data as of
- 03/2022
- EIN
- 01-0452620
Organization Overview
Friends Of Casco Bay is located in South Portland, ME. The organization was established in 1991. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 03/2022, Friends Of Casco Bay employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Casco Bay is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Friends Of Casco Bay generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.1m during the year ending 03/2022. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE AND PROTECT THE ENVIRONMENTAL HEALTH OF CASCO BAY, MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BAYKEEPER PROGRAM THROUGH ADVOCACY, STEWARDSHIP, AND TECHNICAL ASSISTANCE PREVENTS POLLUTION, PROTECTS CRITICAL HABITATS AND MARINE LIFE, STRENGTHENS ENFORCEMENT AND ACCOUNTABILITY, BY WORKING WITH INDIVIDUALS, BUSINESSES, MUNICIPALITIES, REGULARTORY AGENCIES, COMMUNITY GROUPS, AND OTHER SCIENTISTS.
THE WATER QUALITY MONITORING PROGRAM INVOLVES A WIDE VARIETY OF DATA COLLECTION ACROSS THE BAY USING DATA SONDERS AND SENSORS, INCLUDING 3 CONTINUOUS MONITORING STATIONS THAT COLLECT DATA HOURLY 365 DAYS PER YEAR, SEASONAL SPATIAL SAMPLING AT 23 SITES AROUND THE BAY AND PERIODIC INVESTIGATIONS OF SPECIFIC REGIONS OF THE BAY. IN ADDITION, VOLUNTEERS ARE TRAINED TO COLLECT OBSERVATIONS ABOUT ALGAL BLOOMS, SEA LEVELS, EROSION, WILDLIFE, TRASH AND POLLUTION AROUND CASCO BAY USING AN OBSERVING NETWORK APP.
THE VESSEL PUMPOUT PROGRAM REMOVES SEWAGE FROM BOATS AND PROVIDES OUTREACH AND EDUCATION TO BOAT OWNERS, BOATYARDS, MARINAS AND MUNICIPALITIES ABOUT THE NEED TO INCREASE THE USE AND AVAILABILITY OF SHORESIDE PUMPOUT FACILITIES AND TO COMPLY WITH THE FEDERAL "NO DISCHARGE AREA" STATUS OF CASCO BAY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Ramsdell Former Exec | Officer | 40 | $125,230 |
Will Everitt Executive Di | Officer | 40 | $71,460 |
Patricia Ianni Clerk | OfficerTrustee | 1 | $0 |
Malcolm F Poole Treasurer | OfficerTrustee | 1 | $0 |
Andrew Marsters President | OfficerTrustee | 2 | $0 |
Sebastian Milardo Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $276,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $288,989 |
| All other contributions, gifts, grants, and similar amounts not included above | $691,528 |
| Noncash contributions included in lines 1a–1f | $106,661 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,257,017 |
| Total Program Service Revenue | $0 |
| Investment income | $86,593 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,343,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $211,160 |
| Compensation of current officers, directors, key employees. | $109,803 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $356,322 |
| Pension plan accruals and contributions | $12,939 |
| Other employee benefits | $58,946 |
| Payroll taxes | $44,648 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,133 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,636 |
| Fees for services: Other | $109,839 |
| Advertising and promotion | $4,380 |
| Office expenses | $4,556 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,456 |
| Travel | $4,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,898 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,513 |
| Insurance | $15,760 |
| All other expenses | $40,802 |
| Total functional expenses | $1,098,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,655 |
| Savings and temporary cash investments | $887,159 |
| Pledges and grants receivable | $140,905 |
| Accounts receivable, net | $3,219 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,969 |
| Net Land, buildings, and equipment | $312,310 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,426,877 |
| Total assets | $2,926,094 |
| Accounts payable and accrued expenses | $36,333 |
| Grants payable | $0 |
| Deferred revenue | $9,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,003 |
| Total liabilities | $47,336 |
| Net assets without donor restrictions | $892,654 |
| Net assets with donor restrictions | $1,986,104 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,926,094 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Casco Bay has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Over The Rainbow Foundation Inc Marblehead, MA PURPOSE: DONATION | $100 |
Endowment Analysis
| Beg. Balance | $757,109 |
| Earnings | $214,460 |
| Other Expense | $37,277 |
| Ending Balance | $934,292 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coastal Rivers Conservation Trust Damariscotta, ME | $13,906,618 | $2,629,526 |
Maine Coast Fishermens Association Brunswick, ME | $1,658,455 | $1,744,192 |
Squam Lakes Association Holderness, NH | $9,739,864 | $1,722,976 |
Friends Of Casco Bay South Portland, ME | $2,926,094 | $1,343,610 |
Maine Rivers Yarmouth, ME | $267,446 | $665,121 |
Shallow River Properties Inc Washington St Conway, NH | $6,580,048 | $1,463,552 |
Midcoast Conservancy Edgecomb, ME | $14,271,594 | $1,144,535 |
Frenchman Bay Conservancy Hancock, ME | $6,160,152 | $1,838,771 |
Benevolent & Protective Order Of Elks Of The Usa Waterville, ME | $1,353,098 | $773,107 |
Squam Lakes Conservation Society Holderness, NH | $16,070,606 | $3,812,851 |
Lake Stewards Of Maine Auburn, ME | $737,517 | $581,322 |
Friends Of Cobbossee Watershed District East Winthrop, ME | $161,905 | $439,874 |