2024-02-08T15:20:01-05:00 2023-05-31 010493997 ONE RIVER CPAS 46 FIRSTPARK DRIVE OAKLAND ME 049635362 990 2022-06-01 016019359 BOOTHBAY REGION STUDENT AID FUND IN BOOT 2073504032 PO BOX 293 BOOTHBAY HARBOR ME 04538 BILL GOLDENBERG TREASURER 2073504032 2024-02-08 true BILL GOLDENBERG 999009999 true BRETT R JENSEN CPA P01888543 2078731603 2024-02-08 2022 2023-04-26 12:10:37Z TERESA KOSTER 710595 false X WWW.BRSAF.ORG X 1964 ME PROVIDE NEED-BASED FINANCIAL ASSISTANCE TO BOOTHBAY REGION HIGH SCHOOL GRADUATES SEEKING EDUCATION BEYOND THE SECONDARY LEVEL. 14 14 1 14 0 2568632 388221 0 100943 137476 0 2669575 525697 389700 404900 0 4397 10000 0 5901 26881 25576 420978 440476 2248597 85221 8673590 8808088 0 8673590 8808088 PROVIDE NEED-BASED FINANCIAL ASSISTANCE TO BOOTHBAY REGION HIGH SCHOOL GRADUATES SEEKING EDUCATION BEYOND THE SECONDARY LEVEL. false false 404900 404900 THE ORGANIZATION PROVIDED FINANCIAL AID FOR POST SECONDARY EDUCATION TO GRADUATES OF THE BOOTHBAY REGION HIGH SCHOOL WHO LACKED ADEQUATE FINANCIAL RESOURCES. 71 GRANTS WERE AWARDED DURING THE YEAR. 404900 true true false false false false false false false true false false false false false true false false false false false false false false false false false false true false false false false false false false false false true false false false false false false false false true 0 0 1 true false false false false false false false false false false false false X 14 14 true false false false false false false true true false false false true true true true true false false false X X BILL GOLDENBERG 2073504032 PO BOX 293 BOOTHBAY HARBOR ME 045380293 X KIM BYRD DIRECTOR 0.50 X 0 0 0 BOB CORBIN DIRECTOR 0.50 X 0 0 0 SUSAN CORBIN DIRECTOR 0.50 X 0 0 0 DAVE DRAPEAU DIRECTOR 0.50 X 0 0 0 BILL GOLDENBERG TREASURER 1.00 X X 0 0 0 TRACEY HALL DIRECTOR 0.50 X 0 0 0 HILDY JOHNSON DIRECTOR 0.50 X 0 0 0 WENDY JOHNSON VICE PRESIDE 1.00 X X 0 0 0 NICCI KIMBALL DIRECTOR 0.50 X 0 0 0 MAUREEN KINSEY DIRECTOR 0.50 X 0 0 0 TERESA KOSTER PRESIDENT 1.00 X X 0 0 0 DESIREE SCORCIA DIRECTOR 0.50 X 0 0 0 SARAH SHERMAN DIRECTOR 0.50 X 0 0 0 MARK TESS DIRECTOR 0.50 X 0 0 0 false false false 388221 184898 388221 138731 138731 183643 184898 -1255 -1255 -1255 525697 -1255 138731 404900 404900 9078 9078 922 922 12848 12848 1410 1410 6028 127 5901 2020 2020 1639 1639 FEES, TAXES & LICENSES 1200 1200 OTHER EXPENSES 315 315 SUPPLIES 116 116 440476 404900 29675 5901 362028 260702 11454 11456 2355332 19543 1204 1204 5904079 8475170 39493 40013 8673590 8808088 0 0 X 3044930 5372695 5628660 3435393 8673590 8808088 8673590 8808088 X 85221 48757 520 X true X false false X 465001 277635 445679 2568632 388221 4145168 465001 277635 445679 2568632 388221 4145168 416470 3728698 110875 108648 95967 100943 138731 555164 4700332 0.79330 0.30300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5904079 2485340 185751 100000 8475170 6358230 113751 -348158 219744 5904079 5044772 67412 1451750 205705 6358230 4746480 148000 368496 218204 5044772 4775686 100925 69869 200000 4746480 0.60000 0.28000 0.12000 true false X SCHEDULE D, PAGE 2, PART V, LINE 4 USE ACCUMULATED INVESTMENT EARNINGS TO SUPPLEMENT CURRENT YEAR'S UNRESTRICTED CONTRIBUTIONS IN ORDER TO FUND CURRENT YEAR'S GRANTS. SCHEDULE D, PAGE 3, PART X THE STUDENT AID FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND HAS ALSO BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A)(1) OF THE CODE. MANAGEMENT BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS WITH THE INTERNAL REVENUE SERVICE THAT REQUIRE DISCLOSURE IN THE FINANCIAL STATEMENTS. true POST SECONDARY EDUCATION 64 404900 N/A N/A SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION SENDS THE GRANT MONEY DIRECTLY TO THE SCHOOL WITH THE INSTRUCTION THAT THE MONEY SHOULD ONLY BE USED TO PAY FOR TUITION, BOOKS AND OTHER ON CAMPUS FEES. IN ADDITION, THE SCHOOL IS INSTRUCTED THAT THE STUDENT SHALL HAVE NO PERSONAL ACCESS TO THE FUNDS. IF THE GRANT IS NOT USED BECAUSE THE STUDENT DOES NOT ENROLL, DROPS OUT OR FOR OTHER VALID REASONS, THE SCHOOL IS INSTRUCTED TO RETURN THE UNUSED GRANT MONEY TO THE ORGANIZATION. X 4 184898 LISTED VALUE END OF DAY false false false FORM 990, PAGE 6, PART VI, LINE 2 BOB CORBIN SUSAN CORBIN DIRECTOR DIRECTOR MARRIED COUPLE FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S PRESIDENT AND TREASURER PRIOR TO FILING. IT IS MADE AVAILABLE FOR REVIEW BY THE REMAINDER OF THE BOARD AT THE NEXT SCHEDULED MEETING AFTER IT IS FILED. ANY COMMENTS OR SUGGESTIONS ARE BROUGHT TO THE ATTENTION OF THE PREPARER. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, EACH BOARD MEMBER MUST REVIEW THE POLICY AND SIGN A DISCLOSURE STATEMENT AS TO WHETHER THEY HAD ANY DIRECT OR INDIRECT INTEREST IN ANY BUSINESS TRANSACTIONS WITH THE ORGANIZATION OR ANY DIRECT OR INDIRECT INTEREST IN ANY DECISION MAKING REGARDING THE ALLOCATION OF GRANTS. THE RESULTS ARE REVIEWED BY THE CONFLICTS REVIEW COMMITTEE AND APPROPRIATE ACTION TAKEN, IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S FORM 990 AND OTHER DOCUMENTATION ARE AVAILABLE BY REQUEST THROUGH THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9 CHANGE IN BENEFICIAL INTEREST IN PERP TRUST 520