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OLYMPIA SNOWE WOMENS LEADERSHIP INS: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
OLYMPIA SNOWE WOMENS LEADERSHIP INS (EIN 46-1398374)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-03-30
IRS object ID
201820899349300717
Schema version
2017v2.2
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

FieldValueIRS element (for citing)
Return2018-03-30T11:28:41-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010494526PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Baker Newman & NoyesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 507AddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04112ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461398374EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Olympia Snowe Women's LeadershipBusinessNameLine1Txt
Business Name Line2InstituteBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlOLYMBusinessNameControlTxt
Phone2077756737PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Canal Plaza No 501AddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSharon Y MillerPersonNm
Person TitlePresident/ChairPersonTitleTxt
Phone2077756737PhoneNum
Signature2018-03-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicholas E PortoPreparerPersonNm
PTINP01310283PTIN
Phone2078792100PhoneNum
Preparation2018-03-26PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSharon Y MillerPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Canal Plaza No 501AddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,770,630GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.snoweleadershipinstitute.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateMELegalDomicileStateCd
Activity Or MissionLeadership training for 10th-12th grade girls to encourage confidence and an ability to take on leadership roles.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers450TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$645,926PYContributionsGrantsAmt
CY Contributions Grants$1,668,232CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$21,422PYInvestmentIncomeAmt
CY Investment Income$30,937CYInvestmentIncomeAmt
PY Other Revenue-$35,744PYOtherRevenueAmt
CY Other Revenue-$27,093CYOtherRevenueAmt
PY Total Revenue$631,604PYTotalRevenueAmt
CY Total Revenue$1,672,076CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$220,783PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$302,626CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$166,828CYTotalFundraisingExpenseAmt
PY Other Expenses$183,176PYOtherExpensesAmt
CY Other Expenses$243,088CYOtherExpensesAmt
PY Total Expenses$403,959PYTotalExpensesAmt
CY Total Expenses$545,714CYTotalExpensesAmt
PY Revenues Less Expenses$227,645PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,126,362CYRevenuesLessExpensesAmt
Total Assets BOY$1,575,728TotalAssetsBOYAmt
Total Assets EOY$2,731,825TotalAssetsEOYAmt
Total Liabilities BOY$11,641TotalLiabilitiesBOYAmt
Total Liabilities EOY$15,885TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,564,087NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,715,940NetAssetsOrFundBalancesEOYAmt
MissionThe 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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$298,252ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescThe 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$298,252TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lucas CaronBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2077756737PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Canal Plaza No 501AddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Carolyn L Olson Cartwright
Director4.000.00Yes (X)$0$0$0
Karen H Raye
Director (end 9/17)4.000.00Yes (X)$0$0$0
Ann R Robinson
Director4.000.00Yes (X)$0$0$0
Karen D Stram
Director10.000.00Yes (X)$0$0$0
Elizabeth M Timm
Director4.000.00Yes (X)$0$0$0
Olympia J Snowe
Honorary Chair/Director10.000.00Yes (X)$0$0$0Yes (X)
Sharon Y Miller
President15.000.00Yes (X)$0$0$0Yes (X)
Jean E Mattimore
Treasurer15.000.00Yes (X)$0$0$0Yes (X)
Kimberly A R Gore
Secretary10.000.00Yes (X)$0$0$0Yes (X)
Christina McAnuff
Executive Director40.000.00$104,354$0$2,000Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$104,354TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$2,000TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$38,087FundraisingAmt
All Other Contributions$1,630,145AllOtherContributionsAmt
Noncash Contributions$81,961NoncashContributionsAmt
Total Contributions$1,668,232TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,083TotalRevenueColumnAmt
Exclusion$30,083ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$67,385SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$66,531SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$854SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$854TotalRevenueColumnAmt
Exclusion$854ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$4,930FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$38,087ContriRptFundraisingEventAmt
Fundraising Direct Expenses$32,023FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$27,093TotalRevenueColumnAmt
Exclusion-$27,093ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,672,076TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,844ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$106,354TotalAmt
Program Services$74,447ProgramServicesAmt
Management And General$10,636ManagementAndGeneralAmt
Fundraising$21,271FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$168,139TotalAmt
Program Services$55,569ProgramServicesAmt
Management And General$28,705ManagementAndGeneralAmt
Fundraising$83,865FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$666TotalAmt
Program Services$160ProgramServicesAmt
Fundraising$506FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,443TotalAmt
Program Services$1,646ProgramServicesAmt
Management And General$654ManagementAndGeneralAmt
Fundraising$4,143FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$21,024TotalAmt
Program Services$9,839ProgramServicesAmt
Management And General$2,994ManagementAndGeneralAmt
Fundraising$8,191FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$974TotalAmt
Program Services$83ProgramServicesAmt
Management And General$30ManagementAndGeneralAmt
Fundraising$861FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$15,876TotalAmt
Management And General$9,876ManagementAndGeneralAmt
Fundraising$6,000FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,543TotalAmt
Management And General$10,543ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,914TotalAmt
Program Services$5,253ProgramServicesAmt
Management And General$217ManagementAndGeneralAmt
Fundraising$444FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,375TotalAmt
Program Services$2,025ProgramServicesAmt
Management And General$675ManagementAndGeneralAmt
Fundraising$675FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$39,640TotalAmt
Program Services$11,938ProgramServicesAmt
Management And General$5,456ManagementAndGeneralAmt
Fundraising$22,246FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,907TotalAmt
Program Services$6,504ProgramServicesAmt
Management And General$1,799ManagementAndGeneralAmt
Fundraising$4,604FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$31,760TotalAmt
Program Services$19,330ProgramServicesAmt
Management And General$5,594ManagementAndGeneralAmt
Fundraising$6,836FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,422TotalAmt
Program Services$17,252ProgramServicesAmt
Fundraising$170FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$98,580TotalAmt
Program Services$92,484ProgramServicesAmt
Management And General$30ManagementAndGeneralAmt
Fundraising$6,066FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,132TotalAmt
Program Services$353ProgramServicesAmt
Management And General$118ManagementAndGeneralAmt
Fundraising$661FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,965TotalAmt
Program Services$1,369ProgramServicesAmt
Management And General$3,307ManagementAndGeneralAmt
Fundraising$289FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$545,714TotalAmt
Program Services$298,252ProgramServicesAmt
Management And General$80,634ManagementAndGeneralAmt
Fundraising$166,828FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,750BOYAmt
EOY$28,074EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$412,876BOYAmt
EOY$250,909EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$302,675EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,615BOYAmt
EOY$1,240EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,397LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,608LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,921BOYAmt
EOY$1,789EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,149,566BOYAmt
EOY$2,147,138EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,575,728BOYAmt
EOY$2,731,825EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$11,641BOYAmt
EOY$15,885EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,641BOYAmt
EOY$15,885EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,538,587BOYAmt
EOY$1,795,710EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$25,500BOYAmt
EOY$420,230EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$500,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,564,087BOYAmt
EOY$2,715,940EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,575,728BOYAmt
EOY$2,731,825EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,126,362ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$25,491NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,202,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$570,758CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$645,926CurrentTaxYearMinus1YearAmt
Current Tax Year$1,668,232CurrentTaxYearAmt
Total$4,102,416TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,202,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$570,758CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$645,926CurrentTaxYearMinus1YearAmt
Current Tax Year$1,668,232CurrentTaxYearAmt
Total$4,102,416TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,668,009SubstantialContributorsTotAmt
Public Support Total170$2,434,407PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$159CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,478CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,759CurrentTaxYearMinus1YearAmt
Current Tax Year$30,083CurrentTaxYearAmt
Total$60,481TotalAmt
FieldValueIRS element (for citing)
Total Support$4,162,897TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,500BeginningYearBalanceAmt
Contributions$1,260,000ContributionsAmt
Investment Earnings Or Losses$858InvestmentEarningsOrLossesAmt
Other Expenditures$165,500OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$1,120,858EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$17,291BeginningYearBalanceAmt
Contributions$183,388ContributionsAmt
Other Expenditures$175,179OtherExpendituresAmt
End Year Balance$25,500EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$0BeginningYearBalanceAmt
Contributions$80,000ContributionsAmt
Other Expenditures$59,010OtherExpendituresAmt
Administrative Expenses$3,699AdministrativeExpensesAmt
End Year Balance$17,291EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.17900BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.44610PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.37490TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,397OtherCostOrOtherBasisAmt
Depreciation$1,608DepreciationAmt
Book Value$1,789BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,789TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,761,103TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$25,491NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$31,513DonatedServicesAndUseFcltsAmt
Other Revenue$32,023OtherRevenueAmt
Revenue Not Reported$89,027RevenueNotReportedAmt
Revenue Subtotal$1,672,076RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,672,076TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$609,250TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$31,513DonatedServicesUseFcltsAmt
Other Expenses Included$32,023OtherExpensesIncludedAmt
Expenses Not Reported$63,536ExpensesNotReportedAmt
Expenses Subtotal$545,714ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$545,714TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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. The tax years from 2014 through 2017 are open to Internal Revenue Service or state examination.
Part XI, Line 2d - Other Adjustments:Special Events Expense 32,023.
Part XII, Line 2d - Other Adjustments:Special Events Expense 32,023.
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

FieldValueIRS element (for citing)
Event1Fall ReceptionEvent1Nm
Gross Receipts Event1$34,347GrossReceiptsEvent1Amt
Charitable Contri Event1$31,997CharitableContriEvent1Amt
Gross Revenue Event1$2,350GrossRevenueEvent1Amt
Food And Beverage Event1$3,426FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$889OtherDirectExpensesEvent1Amt
Event2Annual LunchEvent2Nm
Gross Receipts Event2$8,670GrossReceiptsEvent2Amt
Charitable Contri Event2$6,090CharitableContriEvent2Amt
Gross Revenue Event2$2,580GrossRevenueEvent2Amt
Rent Facility Costs Event2$990RentFacilityCostsEvent2Amt
Food And Beverage Event2$16,563FoodAndBeverageEvent2Amt
Entertainment Event2$5,037EntertainmentEvent2Amt
Other Direct Expenses Event2$5,118OtherDirectExpensesEvent2Amt
Gross Receipts Total$43,017GrossReceiptsTotalAmt
Charitable Contributions Tot$38,087CharitableContributionsTotAmt
Gross Revenue Total Events$4,930GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$990RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$19,989FoodAndBeverageTotalEventsAmt
Entertainment Total Events$5,037EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$6,007OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$32,023DirectExpenseSummaryEventsAmt
Net Income Summary-$27,093NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$12,294NoncashContributionsRptF990Amt
Method Of Determining RevenuesReasonable EstimateMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$67,698NoncashContributionsRptF990Amt
Method Of Determining RevenuesStock Exchange PriceMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$1,969NoncashContributionsRptF990Amt
Method Of Determining RevenuesReasonable EstimateMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe 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 12cThe 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 15The Institute maintains a payroll system approved by the Board of Directors.
Form 990, Part VI, Section C, line 19The 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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