The Islesboro Pre-School

EIN: 010376079 501(c)(3)

Islesboro, ME

Total Revenue
$260,469
Total Expenses
$239,504
Total Assets
$1,800,615
Net Assets
$1,796,642
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
ME
Principal Officer
Lindsey Govoni
Phone
2077348859
Tax Period
2023-07-01 to 2024-06-30

The Islesboro Pre-School is a 501(c)(3) with EIN 010376079, based in Islesboro, ME. Founded in 1981, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $260,469 in total revenue and $239,504 in total expenses, with net assets of $1,796,642.

Mission

The Islesboro Preschool recognizes each child as an individual with their own set of life experiences. Each child will be encouraged to explore, observe, experiment, and discover through direct, concrete interaction with the environment. Children are given activities to challenge and to increase their developmental skills. Children are accepted for where they are at in all stages of development and encouraged to develop at their own rate. Character development is fostered in all areas to build caring, honest, respectful, and responsible individuals.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $150,635
Program Service Revenue $68,306
Investment Income $41,373
Other Revenue $155
TOTAL REVENUE $260,469

Expense Breakdown

Grants Paid $0
Salaries & Benefits $183,082
Fundraising Expenses $187
Program Expenses $199,541
Other Expenses $56,422
TOTAL EXPENSES $239,504

Year-over-Year Comparison

2023 2022 Change
Revenue $260,469 $166,776 +0.6%
Expenses $239,504 $183,517 +0.3%
Net Income $20,965 $-16,741 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
11
Employees
6
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$49,767
Total Directors
12
$49,767
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lindsey Govoni Executive Dir. 45.00
Officer Director
$49,767 $0 $49,767
Emily Pendleton Chair 1.00
Officer Director
$0 $0 $0
Anmyruim Bunder Treasurer 1.00
Officer Director
$0 $0 $0
Mary Wilder Director 1.00
Director
$0 $0 $0
Jane Wherren Director 1.00
Director
$0 $0 $0
Myriah Brewer Director 1.00
Director
$0 $0 $0
Benjamin Dove Director 1.00
Director
$0 $0 $0
Carla Briggam Director 1.00
Director
$0 $0 $0
Martina Albright Director 1.00
Director
$0 $0 $0
Natasha Stevens Director 1.00
Director
$0 $0 $0
Cate Blackford Director 1.00
Director
$0 $0 $0
Karen Betts Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $260,469 $239,504 $1,800,615 $20,965
2023 $166,776 $183,517 $1,671,871 $-16,741
2022 $224,056 $184,652 $1,595,868 $39,404
2021 $339,650 $154,499 $1,714,760 $185,151
2020 $283,573 $161,485 $1,304,880 $122,088
2019 $388,230 $149,465 $1,173,111 $238,765
2018 $360,979 $154,314 $915,286 $206,665
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