OLYMPIA SNOWE WOMENS LEADERSHIP INS: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- OLYMPIA SNOWE WOMENS LEADERSHIP INS (EIN 46-1398374)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-04-04
- IRS object ID
- 201940949349301004
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-04-04T11:52:04-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010494526 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman & Noyes | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 507 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461398374 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Olympia Snowe Women's Leadership | BusinessNameLine1Txt |
| Business Name Line2 | Institute | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OLYM | BusinessNameControlTxt |
| Phone | 2077756737 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Canal Plaza No 501 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sharon Y Miller | PersonNm |
| Person Title | President/Chair | PersonTitleTxt |
| Phone | 2077756737 | PhoneNum |
| Signature | 2019-03-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicholas E Porto | PreparerPersonNm |
| PTIN | P01310283 | PTIN |
| Phone | 2078792100 | PhoneNum |
| Preparation | 2019-03-20 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.105.168.164 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-03-20 | IPDt |
| IP Tm | 14:34:28 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 89E582745F398AB9123794375B037D04AD0E63E3 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 86AD5A998A217BD7885303F5109AB5202568ED7D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Sharon Y Miller | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Canal Plaza No 501 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,874,779 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.snoweleadershipinstitute.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | Leadership training for 10th-12th grade girls to encourage confidence and an ability to take on leadership roles. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Volunteers | 475 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $9,680 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,668,232 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,057,625 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $30,937 | PYInvestmentIncomeAmt |
| CY Investment Income | $81,233 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$27,093 | PYOtherRevenueAmt |
| CY Other Revenue | -$25,694 | CYOtherRevenueAmt |
| PY Total Revenue | $1,672,076 | PYTotalRevenueAmt |
| CY Total Revenue | $2,113,164 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $302,626 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $361,848 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $183,169 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $243,088 | PYOtherExpensesAmt |
| CY Other Expenses | $310,271 | CYOtherExpensesAmt |
| PY Total Expenses | $545,714 | PYTotalExpensesAmt |
| CY Total Expenses | $672,119 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,126,362 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,441,045 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,731,825 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,048,400 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,885 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,946 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,715,940 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,038,454 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The mission of the Olympia Snowe Women's Leadership Institute is to elevate the confidence and aspirations of high school girls by helping them build leadership, collaboration, and problem solving skills needed to become successful in their lives, careers, and communities. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $401,100 | ExpenseAmt |
| Desc | The Olympia Snowe Women's Leadership Institute runs programs that provide guidance to high school girls in 10th, 11th, and 12th grades and equips them with the tools that they need to succeed. The programs focus on developing the students' values, voice, and vision and are intended to build confidence, raise aspirations, and enable participants to become more successful in their lives and careers. The Institute launched a pilot program during 2015 and has since expanded to 36 schools across Maine. The Institute continues to develop and run these programs, along with providing support to educational programs at other organizations with compatible missions. | Desc |
| Total Program Service Expenses | $401,100 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 6 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lucas Caron | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2077756737 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Canal Plaza No 501 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04101 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| Carolyn L Olson Cartwright | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Ann R Robinson | ||||||
| Director (end 12/18) | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Elizabeth M Timm | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Kimberly A R Gore | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Ann E Drew | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Laurie Fisher | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Katie F Harris | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Catherine F Lamson | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Dianne L Nason | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Deanna S Sherman | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Karen Suva | ||||||
| Director | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Olympia J Snowe | ||||||
| Honorary Chair/Director | 10.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Sharon Y Miller | ||||||
| President | 10.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Jean E Mattimore | ||||||
| Treasurer | 10.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Karen D Stram | ||||||
| Secretary | 10.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Christina McAnuff | ||||||
| Executive Director | 40.00 | $106,821 | $0 | $3,000 | Yes (X) | |
| Lucas Caron | ||||||
| Director of Finance & Operations | 20.00 | $50,346 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $157,167 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $3,000 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $47,074 | FundraisingAmt |
| All Other Contributions | $2,010,551 | AllOtherContributionsAmt |
| Noncash Contributions | $131,051 | NoncashContributionsAmt |
| Total Contributions | $2,057,625 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $66,719 | TotalRevenueColumnAmt |
| Exclusion | $66,719 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $748,590 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $734,076 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,514 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,514 | TotalRevenueColumnAmt |
| Exclusion | $14,514 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,845 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $47,074 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $27,539 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$25,694 | TotalRevenueColumnAmt |
| Exclusion | -$25,694 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,113,164 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $55,539 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,167 | TotalAmt |
| Program Services | $112,117 | ProgramServicesAmt |
| Management And General | $16,017 | ManagementAndGeneralAmt |
| Fundraising | $32,033 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,929 | TotalAmt |
| Program Services | $55,849 | ProgramServicesAmt |
| Management And General | $28,387 | ManagementAndGeneralAmt |
| Fundraising | $79,693 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,488 | TotalAmt |
| Program Services | $1,575 | ProgramServicesAmt |
| Management And General | $47 | ManagementAndGeneralAmt |
| Fundraising | $1,866 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,398 | TotalAmt |
| Program Services | $3,341 | ProgramServicesAmt |
| Management And General | $294 | ManagementAndGeneralAmt |
| Fundraising | $5,763 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,866 | TotalAmt |
| Program Services | $12,681 | ProgramServicesAmt |
| Management And General | $3,377 | ManagementAndGeneralAmt |
| Fundraising | $8,808 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,765 | TotalAmt |
| Program Services | $3,615 | ProgramServicesAmt |
| Management And General | $150 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,482 | TotalAmt |
| Management And General | $10,482 | ManagementAndGeneralAmt |
| Fundraising | $6,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,700 | TotalAmt |
| Management And General | $17,700 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,373 | TotalAmt |
| Program Services | $14,683 | ProgramServicesAmt |
| Management And General | $224 | ManagementAndGeneralAmt |
| Fundraising | $466 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22 | TotalAmt |
| Program Services | $22 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,169 | TotalAmt |
| Program Services | $12,190 | ProgramServicesAmt |
| Management And General | $4,624 | ManagementAndGeneralAmt |
| Fundraising | $14,355 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,411 | TotalAmt |
| Program Services | $7,953 | ProgramServicesAmt |
| Management And General | $737 | ManagementAndGeneralAmt |
| Fundraising | $5,721 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,569 | TotalAmt |
| Program Services | $25,761 | ProgramServicesAmt |
| Management And General | $2,832 | ManagementAndGeneralAmt |
| Fundraising | $6,976 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,810 | TotalAmt |
| Program Services | $3,312 | ProgramServicesAmt |
| Fundraising | $498 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,529 | TotalAmt |
| Program Services | $146,320 | ProgramServicesAmt |
| Management And General | $5 | ManagementAndGeneralAmt |
| Fundraising | $20,204 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,071 | TotalAmt |
| Program Services | $1,351 | ProgramServicesAmt |
| Management And General | $59 | ManagementAndGeneralAmt |
| Fundraising | $661 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,370 | TotalAmt |
| Program Services | $330 | ProgramServicesAmt |
| Management And General | $2,915 | ManagementAndGeneralAmt |
| Fundraising | $125 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $672,119 | TotalAmt |
| Program Services | $401,100 | ProgramServicesAmt |
| Management And General | $87,850 | ManagementAndGeneralAmt |
| Fundraising | $183,169 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,074 | BOYAmt |
| EOY | $5,350 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,909 | BOYAmt |
| EOY | $409,622 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,675 | BOYAmt |
| EOY | $556,821 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,240 | BOYAmt |
| EOY | $1,240 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,727 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,679 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,789 | BOYAmt |
| EOY | $3,048 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,147,138 | BOYAmt |
| EOY | $3,072,319 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,731,825 | BOYAmt |
| EOY | $4,048,400 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,885 | BOYAmt |
| EOY | $9,946 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,885 | BOYAmt |
| EOY | $9,946 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,795,710 | BOYAmt |
| EOY | $2,450,364 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $420,230 | BOYAmt |
| EOY | $599,966 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,000 | BOYAmt |
| EOY | $988,124 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,715,940 | BOYAmt |
| EOY | $4,038,454 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,731,825 | BOYAmt |
| EOY | $4,048,400 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,441,045 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$118,531 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,202,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $570,758 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $645,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,668,232 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,057,625 | CurrentTaxYearAmt |
| Total | $6,145,041 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,202,500 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $570,758 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $645,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,668,232 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,057,625 | CurrentTaxYearAmt |
| Total | $6,145,041 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,224,795 | SubstantialContributorsTotAmt |
| Public Support Total170 | $3,920,246 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $159 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,478 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,759 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,083 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $66,719 | CurrentTaxYearAmt |
| Total | $127,198 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,272,239 | TotalSupportAmt |
| Public Support CY170 | 0.62500 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,120,858 | BeginningYearBalanceAmt |
| Contributions | $1,573,708 | ContributionsAmt |
| Investment Earnings Or Losses | -$20,206 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $479,264 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $2,195,096 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,500 | BeginningYearBalanceAmt |
| Contributions | $1,260,000 | ContributionsAmt |
| Investment Earnings Or Losses | $858 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $165,500 | OtherExpendituresAmt |
| End Year Balance | $1,120,858 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,291 | BeginningYearBalanceAmt |
| Contributions | $183,388 | ContributionsAmt |
| Other Expenditures | $175,179 | OtherExpendituresAmt |
| End Year Balance | $25,500 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $80,000 | ContributionsAmt |
| Other Expenditures | $59,010 | OtherExpendituresAmt |
| Administrative Expenses | $3,699 | AdministrativeExpensesAmt |
| End Year Balance | $17,291 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.27650 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.45020 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.27330 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,727 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,679 | DepreciationAmt |
| Book Value | $3,048 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,048 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,050,924 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$118,531 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $28,753 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $27,538 | OtherRevenueAmt |
| Revenue Not Reported | -$62,240 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,113,164 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,113,164 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $728,410 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $28,753 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $27,538 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $56,291 | ExpensesNotReportedAmt |
| Expenses Subtotal | $672,119 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $672,119 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The Institute plans to use endowment funds to reduce the amount of current year operating funds that it needs to raise in any given year. To that end, the Institute established a permanently restricted endowment fund with the Alfond Challenge Grant in the amount of $1.4M. Once the permanently restricted fund created by the grant reaches the full $1.4M, the Institute will begin using proceeds from the fund's principal to offset the cost of 90 of the 540 program participants each year. It is also the Institute's intention to hold aside matching funds to create a second fund of $1.4M that will fund an additional 90 program participants annually. Under this current plan, annual fundraising to raise operating funds should be reduced by the cost of 180 program participants. The coverage of program participant costs by the endowment should grow as the Institute finds other ways to grow the endowment in the future. |
| Part X, Line 2: | The Institute is exempt from federal and state income tax under section 501(c)(3) of the Internal Revenue Code. The Institute qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization that is not a private foundation. Accordingly, no provision for income taxes has been recorded in the financial statements. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board (FASB), assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Estimated interest and penalties, if applicable, related to uncertain tax positions are included as a component of income tax expense. The Institute has evaluated the position taken on its filed tax returns. The Institute has not taken, nor does it expect to take any uncertain tax positions in any income tax return. |
| Part XI, Line 2d - Other Adjustments: | Special Events Expense 27,538. |
| Part XII, Line 2d - Other Adjustments: | Special Events Expense 27,538. |
| Form 990, Schedule D, Part XI, Line 2d and Part XII, Line 2d: | The Institute reports fundraising event expenses as an expense item on its Audited Financial Statements. These expenses are treated as a deduction from gross revenue on the Form 990. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Fall Reception | Event1Nm |
| Gross Receipts Event1 | $38,644 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $37,819 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $825 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $905 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $650 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $446 | OtherDirectExpensesEvent1Amt |
| Event2 | Annual Lunch | Event2Nm |
| Gross Receipts Event2 | $10,275 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $9,255 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $1,020 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $16,851 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $5,127 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $3,560 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $48,919 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $47,074 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,845 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $905 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $17,501 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $5,127 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $4,006 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $27,539 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$25,694 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $10,881 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Reasonable Estimate | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $117,625 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Stock Exchange Price | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,545 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Reasonable Estimate | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 32b: | FormAndLineReferenceDesc |
| Explanation | The organization sells contributions of securities through its investment broker. All gifts of securities are sold as soon as administratively possible. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 4 | The Organization amended its bylaws to incorporate the following changes that are reportable on Form 990 in accordance with IRS instructions: Section 5.4 was amended to increase the term of the voting directors from two years to three years, and directors may now only serve two consecutive three year terms. Previously they could serve three consecutive two year terms. Sections 6.2 and 6.3 were amended to indicate that the Organization's president is to hold his/her office until such time the Board chooses a successor. |
| Form 990, Part VI, Section B, line 11b | The Form 990 is prepared by an outside independent accounting firm, then distributed to the full Board for review before filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | The Olympia Snowe Women's Leadership Institute has a detailed conflict of interest policy that is regularly and consistently monitored through mandatory self disclosure and Board or committee determination of any potential conflicts of interest. Interested persons may not participate in any Board or committee proceedings that concern the potential conflict of interest. The Board or committee exercises due diligence in determining whether or not the potential transaction is in the best interests of the Olympia Snowe Women's Leadership Institute and whether, with reasonable efforts, a more advantageous arrangement may be transacted that does not give rise to a conflict of interest. Violations of the conflict of interest policy are disciplined appropriately by the Board, and all proceedings involving the conflict or potential conflict are recorded. |
| Form 990, Part VI, Section B, line 15 | The Institute maintains a payroll system approved by the Board of Directors. |
| Form 990, Part VI, Section C, line 19 | The Organization makes all public documents related to its governance, formation, and finances available to the public upon request. |
| Form 990, Part XII, Line 2c: | The finance committee is responsible for overseeing the audit of the financial statements and selecting an independent auditor. Upon completion, the audit is reviewed by the Finance Manager and Executive Director and submitted to the Board of Directors for review. The process has not changed from the prior year. |
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