Friends of T E I A
Only null% goes to programs Strong reserves Growing revenue
Friends of T E I A is a 501(c)(3) organization based in Peaks Island, Maine, registered in 2002, with $30,367 in FY2021 revenue. CharityIndex grades it C.
Po Box 87, Peaks Island, ME, 04108 EIN 04-3702350 Since 2002
Revenue (FY2021)
$30K
▲ 7.8% vs prior year
Recreation median: $129K
Expenses (FY2021)
$24K
Net assets
$74K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of T E I A— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating36 mo reserves · +20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of T E I A: 36 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of T E I A— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of T E I A: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 87, Peaks Island, ME, 04108
- City
- Peaks Island
- State
- Maine
- Category
- Recreation & Sports
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $15K (FY2010) to $30K (FY2021) across 12 reported years.
Financial snapshot
Financial health & position (FY2021)
Operating margin
20.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$74K
Net assets
$74K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $30,367▲7.8% | $24,299▲52.5% | $73,752▲9.0% | $73,752▲9.0% | 990EZ |
| 2020 | $28,161▲0.8% | $15,937▼25.1% | $67,684▲22.0% | $67,684▲22.0% | 990EZ |
| 2019 | $27,938▲38.4% | $21,276▼5.1% | $55,460▲13.8% | $55,460▲13.8% | 990EZ |
| 2018 | $20,187▼21.4% | $22,417▲29.3% | $48,735▼4.4% | $48,735▼4.4% | 990EZ |
| 2017 | $25,683▲25.0% | $17,338▼18.8% | $50,965▲19.6% | $50,965▲19.6% | 990EZ |
| 2016 | $20,549▼25.1% | $21,348▲24.1% | $42,620▼1.8% | $42,620▼1.8% | 990EZ |
| 2015 | $27,423▼5.6% | $17,208▼16.9% | $43,419▲30.8% | $43,419▲30.8% | 990EZ |
| 2014 | $29,039▲50.2% | $20,707▲18.9% | $33,204▲33.5% | $33,204▲33.5% | 990EZ |
| 2013 | $19,335▲1.9% | $17,414▼2.1% | $24,872▲8.4% | $24,872▲8.4% | 990EZ |
| 2012 | $18,967▲40.3% | $17,789▲13.0% | $22,951▲5.4% | $22,951▲5.4% | 990EZ |
| 2011 | $13,522▼7.1% | $15,738▲17.7% | $21,773▼9.2% | $21,773▼9.2% | 990EZ |
| 2010 | $14,562 | $13,366 | $23,989 | $23,989 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Friends of T E I A a legitimate nonprofit?
- Yes. Friends of T E I A is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3702350, based in Peaks Island, Maine. Donations are tax-deductible.
- What is Friends of T E I A's EIN?
- Friends of T E I A's Employer Identification Number (EIN) is 04-3702350.
- How much revenue does Friends of T E I A report?
- Friends of T E I A reported $30,367 in total revenue on its fiscal year 2021 IRS Form 990 filing.
- What financial grade does Friends of T E I A have?
- CharityIndex grades Friends of T E I A C, based on financial health (reserves and operating margin).
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Data for Friends of T E I A (EIN 04-3702350) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.