Nonprofit · EIN 83-2097051
CENTER FOR ENTREPRENEURIAL STUDIES
Also known as CES
Tax-exempt (reinstated) · FARMINGTON, ME 04938
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $406,335 | $372,229 | $34,106 | $163,715 | $180,068 | -$16,353 |
| December 31, 2023 | 990 | $233,499 | $191,054 | $42,445 | $148,846 | $212,462 | -$63,616 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $352,837
- of which government grants
- $199,750
- Program service revenue
- $6,073
- Investment income
- $0
- Net rental income
- $3,000
- Net income from sales of inventory
- $44,425
- Other revenue
- $47,425
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $81,550
- Other salaries and wages
- $68,432
- Salaries, compensation and benefits (total)
- $166,653
- Professional fundraising fees
- $16,480
- Legal fees
- $5,630
- Accounting fees
- $9,053
- Occupancy
- $47,449
- Depreciation
- $2,756
- Program services (functional)
- $212,829
- Management and general (functional)
- $115,737
- Fundraising (functional)
- $43,663
Balance sheet and other
- Total assets, start of year
- $148,846
- Total assets, end of year
- $163,715
- Total liabilities, end of year
- $180,068
- Net assets, end of year
- -$16,353
- Land, buildings and equipment
- $67,301
- Gross receipts
- $479,055
- Employees
- 16
- Volunteers
- 71
- Year formed
- 2018
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BONITA TOMPKINS | CEO Officer | 55 | $81,550 |
| CLIFF WEBSTER | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| BRIAN ELLIS | TREASURER Trustee or director, Officer | 1 | $0 |
| ASHLEY TOMPKINS | SECRETARY Trustee or director, Officer | 1 | $0 |
| AMANDA COOLONG | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COURTNEY CARRIER | TREASURER Trustee or director | 1 | $0 |
| LOUIS CARRIER | BOARD MEMBER Trustee or director | 1 | $0 |
| AMANDA COOLONG | BOARD MEMBER Trustee or director | 1 | $0 |
| BILLI MITCHELL | BOARD MEMBER Trustee or director | 1 | $0 |
| ASHLEY TOMPKINS | BOARD MEMBER Trustee or director | 1 | $0 |
| BONITA TOMPKINS | CEO Officer | 55 | $0 |
Address and contacts
- Address (IRS master file)
- 156 MAIN ST, FARMINGTON, ME 04938-1922
- In care of
- % CES
- Mailing address (990-N for 2019)
- 156 MAIN STREET, Farmington ME 04938
- Principal officer (990 for 2024)
- BONITA TOMPKINS
- Principal officer (990-N for 2019)
- BONITA TOMPKINS, 156 MAIN ST, Farmington ME 04938
- Signed the 990
- BONITA TOMPKINS, CEO
- Phone
- (207) 779-1779
- Website
- WWW.CESMAINE.COM
- Return prepared by
- ONE RIVER CPAS
Mission
TO EMPOWER AND EDUCATE YOUTH AND YOUNG ADULTS TO THRIVE AS ENTREPRENEURS AND COMMUNITY LEADERS. THROUGH BUSINESS EDUCATION, SKILLS DEVELOPMENT, MENTORSHIP, BUSINESS START-UPS, INTERNSHIPS, AND SOCIAL ENTERPRISES, WE WILL LEAD THE NEXT GENERATION IN GROWING WORKFORCE AND ECONOMIC DEVELOPMENT IN MAINE.
Program accomplishments
- THE CES CHANGEMAKER PROGRAM SERVES YOUTH AND YOUNG ADULTS AGES 10-24, GUIDING RURAL MAINE PARTICIPANTS TOWARD CAREER AND ENTREPRENEURIAL OPPORTUNITIES. THE PROGRAM OFFERS HANDS-ON, ON-THE-JOB LEARNING AND BUSINESS EDUCATION. PARTICIPANTS ENGAGE IN PROFESSIONAL DEVELOPMENT AND WORK-BASED LEARNING EXPERIENCES, EITHER AS INTERNS GAINING VALUABLE WORK AND BUSINESS SKILLS OR AS BUDDING ENTREPRENEURS.Expenses $212,829
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-2097051
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $163,715
- Income (IRS master file)
- $479,055
Revocation and reinstatement
- Exemption revoked
- May 15, 2021
- Posted by the IRS
- August 9, 2021
- Reinstated
- Effective May 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $406,335 | $372,229 | $163,715 | XML |
| 990 | December 2023 | $233,499 | $191,054 | $148,846 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $155,251 | $295,621 | $117,215 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: BONITA TOMPKINS | December 31, 2019 | ≤ $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 83-2097051).
Questions about CENTER FOR ENTREPRENEURIAL STUDIES
- What is the EIN of CENTER FOR ENTREPRENEURIAL STUDIES?
- The employer identification number (EIN) of CENTER FOR ENTREPRENEURIAL STUDIES is 83-2097051.
- Is CENTER FOR ENTREPRENEURIAL STUDIES tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
- Are donations to CENTER FOR ENTREPRENEURIAL STUDIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTER FOR ENTREPRENEURIAL STUDIES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CENTER FOR ENTREPRENEURIAL STUDIES 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 CENTER FOR ENTREPRENEURIAL STUDIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CENTER FOR ENTREPRENEURIAL STUDIES?
- The 990 for the year ended December 31, 2024 names BONITA TOMPKINS.
- Who are the officers and directors of CENTER FOR ENTREPRENEURIAL STUDIES?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $81,550 (BONITA TOMPKINS, CEO).
- How much revenue does CENTER FOR ENTREPRENEURIAL STUDIES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $406,335, expenses of $372,229 and total assets of $163,715 at year end.
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