FUTURE BUILDERS SCHOOL ON THOMAS POND

EIN: 010540427 501(c)(3)

Raymond, ME

Total Revenue
N/A
Total Expenses
$37,220
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
ME
Principal Officer
PATRICK A YOUNG
Tax Period
2020-07-01 to 2021-06-30

FUTURE BUILDERS SCHOOL ON THOMAS POND is a 501(c)(3) with EIN 010540427, based in Raymond, ME. Founded in 2001, the organization files IRS Form 990 and reported its most recent data for fiscal year 2020.

Mission

Alternative education program for students with special needs. Serves students in grades 7 to 12, and was certified as a private school by the Maine Department of Education.

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Trantor Score

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $37,220
TOTAL EXPENSES $37,220

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $639,831 -1.0%
Expenses $37,220 $676,322 -0.9%
Net Income N/A $-36,491 N/A
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
5
Independent Members
3
Employees
N/A
Volunteers
N/A

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
2
$25,000
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK A YOUNG PRESIDENT 40.00
Officer Highest
$24,250 $750 $25,000
JUNE W WORTMAN DIRECTOR 1.00
Director
$0 $0 $0
LAURENT R HOURCLE DIRECTOR 1.00
Director
$0 $0 $0
REV J MICHAEL SEAVEY DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE M YOUNG TREASURER and SECRETARY 2.00
Officer
$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
2021 No data $37,220 No data No data
2020 $639,831 $676,322 $154,781 $-36,491
2019 $486,515 $495,263 $158,825 $-8,748
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