Nonprofit · EIN 27-1567070
THE@PRESUMPSCOT FOUNDATION
Tax-exempt · FREEPORT, ME 04032
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $170,529 | $138,105 | $32,424 | $1,597,626 | $0 | $1,597,626 |
| December 31, 2023 | 990-PF | $204,768 | $99,617 | $105,151 | $1,565,202 | $0 | $1,565,202 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $135,871
- Other income
- $34,658
Expenses
- Grants and similar amounts paid
- $25,800
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $68,734
Balance sheet and other
- Total assets, start of year
- $1,565,202
- Total assets, end of year
- $1,597,626
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,597,626
- Fair market value of assets
- $1,597,626
- Qualifying distributions
- $68,734
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ford S Reiche 54 Bartol Island Road, Freeport, ME 04032 | President & Director | 10 | $0 |
| Karen N Reiche 54 Bartol Island Road, Freeport, ME 04032 | Treasurer & Director | 1 | $0 |
| Martin Eisenstein 54 Bartol Island Road, Freeport, ME 04032 | Clerk & Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ford S Reiche 54 Bartol Island Road, Freeport, ME 04032 | President & Director | 10 | $0 |
| Karen N Reiche 54 Bartol Island Road, Freeport, ME 04032 | Treasurer & Director | 1 | $0 |
| Martin Eisenstein 54 Bartol Island Road, Freeport, ME 04032 | Clerk & Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 54 BARTOL ISLAND RD, FREEPORT, ME 04032-6413
- In care of
- % FORD REICHE
- Signed the 990-PF
- Ford Reiche, President
- Phone
- (207) 740-6099
- Return prepared by
- S A Hutnak & Associates LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-1567070
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $1,597,626
- Income (IRS master file)
- $170,529
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $170,529 | $138,105 | $1,597,626 | IRS |
| 990-PF | December 2023 | $204,768 | $99,617 | $1,565,202 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1567070).
Questions about THE@PRESUMPSCOT FOUNDATION
- What is the EIN of THE@PRESUMPSCOT FOUNDATION?
- The employer identification number (EIN) of THE@PRESUMPSCOT FOUNDATION is 27-1567070.
- Is THE@PRESUMPSCOT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to THE@PRESUMPSCOT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does THE@PRESUMPSCOT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE@PRESUMPSCOT FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE@PRESUMPSCOT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE@PRESUMPSCOT FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE@PRESUMPSCOT FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $170,529, expenses of $138,105 and total assets of $1,597,626 at year end.
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All nonprofits in FREEPORT · Maine · Arts, culture and humanities