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Nonprofit · EIN 27-3987602

RSU 1 EDUCATION FOUNDATION

Tax-exempt · BATH, ME 04530

Financials

$13K$20K2023$27K$27K2024
Revenue Expenses · by fiscal year end
Financials of RSU 1 EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$27,226$26,813$413$60,006$0$60,006
June 30, 2024990$12,723$20,320-$7,597$59,593$0$59,593
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$24,852
Program service revenue
$0
Investment income
$2,374
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$26,754
Management and general (functional)
$59

Balance sheet and other

Total assets, start of year
$59,593
Total assets, end of year
$60,006
Total liabilities, end of year
$0
Net assets, end of year
$60,006
Gross receipts
$27,226
Employees
0
Volunteers
4
Year formed
2009
State of legal domicile
ME

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM RACINEPRESIDENT
Trustee or director, Officer
1$0
LOUIS ENSELTRUSTEE
Trustee or director
1$0
KARA ZECH THELANTRUSTEE
Trustee or director
1$0
LORNA RYANTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
WILLIAM RACINEPRESIDENT
Trustee or director, Officer
1$0
LOUIS ENSELTRUSTEE
Trustee or director
1$0
KARA ZECH THELANTRUSTEE
Trustee or director
1$0
LORNA RYANTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1 FRONT STREET, BATH, ME 04530-2492
Mailing address (990-N for 2016)
1009 Washington St, Bath ME 04530
Principal officer (990 for 2024)
WILLIAM T RACINE, 1 FRONT STREET, BATH, ME 04530
Principal officer (990-N for 2016)
William Racine, 1009 Washington St, Bath ME 04530
Signed the 990
WILLIAM T RACINE, TREASURER
Phone
(207) 443-5716
Return prepared by
WILLIAM T RACINE CPA

Mission

SUPPORT AND ENHANCE THE EDUCATIONAL MISSION OF MAINE RSU #1

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT OF THE EDUCATIONAL MISSION OF RSU #1, IT'S TEACHERS AND IT'S STUDENTS IN AREAS SUCH AS THE ARTS, TECHNOLOGY, VOCATIONAL EDUCATION AND OTHER AREAS.
    Expenses $26,754

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-3987602
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B112)
Assets (IRS master file)
$60,006
Income (IRS master file)
$27,226

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$27,226$26,813$60,006XML
990June 2024$12,723$20,320$59,593IRS
990June 2023$45,717$44,687$67,190IRS
990June 2022$23,729$19,394$66,160IRS
990June 2021–––IRS
990-N for 2016
Officer: William Racine
June 30, 2017≤ $50,000 receipts––e-Postcard

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 27-3987602).

Questions about RSU 1 EDUCATION FOUNDATION

What is the EIN of RSU 1 EDUCATION FOUNDATION?
The employer identification number (EIN) of RSU 1 EDUCATION FOUNDATION is 27-3987602.
Is RSU 1 EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to RSU 1 EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RSU 1 EDUCATION FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of RSU 1 EDUCATION FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RSU 1 EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of RSU 1 EDUCATION FOUNDATION?
The 990 for the year ended June 30, 2025 names WILLIAM T RACINE.
Who are the officers and directors of RSU 1 EDUCATION FOUNDATION?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does RSU 1 EDUCATION FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $27,226, expenses of $26,813 and total assets of $60,006 at year end.

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