STRATEGY STUDIO / PUBLIC DATA EXPLORER

TRUSTEES OF BLOOMFIELD ACADEMY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
TRUSTEES OF BLOOMFIELD ACADEMY (EIN 01-0211488)
Tax period
2020-02-01 to 2021-01-31
Filed
2021-06-14
IRS object ID
202131659349301213
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-06-14T11:29:14-05:00ReturnTs
Tax Period End2021-01-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010494526PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Baker Newman & NoyesBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 507AddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04112ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-02-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010211488EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Trustees of Bloomfield AcademyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTRUSBusinessNameControlTxt
Phone2074743449PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1co A Boulette 9 Elm StreetAddressLine1Txt
CitySkowheganCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04976ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPatrick DorePersonNm
Person TitleTreasurerPersonTitleTxt
Phone2074743449PhoneNum
Signature2021-06-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPatrickPersonFirstNm
Person LastDorePersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicholas E PortoPreparerPersonNm
PTINP01310283PTIN
Phone2078792100PhoneNum
Preparation2021-06-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWarren ShayPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o A Boulette 9 Elm StreetAddressLine1Txt
CitySkowheganCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04976ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$495,135GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1807FormationYr
Legal Domicile StateMELegalDomicileStateCd
Activity Or MissionSupport preservation of historic buildingsActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers19TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$150,335PYContributionsGrantsAmt
CY Contributions Grants$318,658CYContributionsGrantsAmt
PY Program Service Revenue$13,863PYProgramServiceRevenueAmt
CY Program Service Revenue$495CYProgramServiceRevenueAmt
PY Investment Income$154,673PYInvestmentIncomeAmt
CY Investment Income$72,087CYInvestmentIncomeAmt
PY Other Revenue$1,846PYOtherRevenueAmt
CY Other Revenue-$475CYOtherRevenueAmt
PY Total Revenue$320,717PYTotalRevenueAmt
CY Total Revenue$390,765CYTotalRevenueAmt
PY Grants And Similar Paid$7,279PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,810CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$137,479PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$138,188CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$115,903PYOtherExpensesAmt
CY Other Expenses$111,501CYOtherExpensesAmt
PY Total Expenses$260,661PYTotalExpensesAmt
CY Total Expenses$253,499CYTotalExpensesAmt
PY Revenues Less Expenses$60,056PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$137,266CYRevenuesLessExpensesAmt
Total Assets BOY$1,987,016TotalAssetsBOYAmt
Total Assets EOY$2,234,805TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,987,016NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,234,805NetAssetsOrFundBalancesEOYAmt
MissionSupport preservation of historic buildingsMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$223,547ExpenseAmt
Grant$1,510GrantAmt
Revenue$495RevenueAmt
DescTo support the preservation of several historic buildings (including the Skowhegan Free Public Library) and to provide support to the Library's operation.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,300ExpenseAmt
Grant$2,300GrantAmt
DescTo provide scholarships to eligible students.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$225,847TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Patrick Dore TreasurerBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2074743449PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o A Boulette 9 Elm StreetAddressLine1Txt
CitySkowheganCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04976ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Joanne G Hewett
Treasurer (end 9/2020)10.000.00Yes (X)Yes (X)$3,663$0$0
Alicia Boulette
Treasurer10.000.00Yes (X)Yes (X)$1,248$0$0
Richard Anzelc Jr
Trustee0.100.00Yes (X)$0$0$0
Kristina Cannon
Trustee0.100.00Yes (X)$0$0$0
Patrick Dore
Trustee0.100.00Yes (X)$0$0$0
Sam Hight
Trustee0.100.00Yes (X)$0$0$0
Patricia Horine
Trustee0.100.00Yes (X)$0$0$0
Karen Lewia
Trustee0.100.00Yes (X)$0$0$0
Lynn Perry
Trustee0.100.00Yes (X)$0$0$0
Lynda Quinn
Trustee0.100.00Yes (X)$0$0$0
Robert Washburn
Trustee0.100.00Yes (X)$0$0$0
Warren Shay
President0.100.00Yes (X)Yes (X)$0$0$0
William Laney
Vice President0.100.00Yes (X)Yes (X)$0$0$0
Hannah Luce
Secretary0.100.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,911TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$201,400GovernmentGrantsAmt
All Other Contributions$117,258AllOtherContributionsAmt
Noncash Contributions$1,000NoncashContributionsAmt
Total Contributions$318,658TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescBook salesDesc
Business453000BusinessCd
Total Revenue Column$495TotalRevenueColumnAmt
Related Or Exempt Func Income$495RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$495TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,306TotalRevenueColumnAmt
Exclusion$41,306ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$134,151SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$103,370SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$30,781SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,781TotalRevenueColumnAmt
Exclusion$30,781ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$525GamingGrossIncomeAmt
Gaming Direct Expenses$1,000GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column-$475TotalRevenueColumnAmt
Exclusion-$475ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$390,765TotalRevenueColumnAmt
Related Or Exempt Func Income$495RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$71,612ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,510TotalAmt
Program Services$1,510ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,300TotalAmt
Program Services$2,300ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,911TotalAmt
Program Services$1,000ProgramServicesAmt
Management And General$3,911ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$119,665TotalAmt
Program Services$119,665ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,526TotalAmt
Program Services$3,526ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,086TotalAmt
Program Services$5,043ProgramServicesAmt
Management And General$5,043ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,900TotalAmt
Management And General$2,900ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$15,798TotalAmt
Management And General$15,798ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,323TotalAmt
Program Services$6,323ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$59,670TotalAmt
Program Services$59,670ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$14TotalAmt
Program Services$14ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,000TotalAmt
Program Services$7,000ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescLibrary materialsDesc
Total$19,796TotalAmt
Program Services$19,796ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$253,499TotalAmt
Program Services$225,847ProgramServicesAmt
Management And General$27,652ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$238,566BOYAmt
EOY$264,065EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,000LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$20,000BOYAmt
EOY$20,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,728,450BOYAmt
EOY$1,950,740EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,987,016BOYAmt
EOY$2,234,805EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$1,987,016BOYAmt
EOY$2,234,805EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,987,016BOYAmt
EOY$2,234,805EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,987,016BOYAmt
EOY$2,234,805EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$137,266ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$110,523NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$180,715CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$305,395CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$173,126CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$150,335CurrentTaxYearMinus1YearAmt
Current Tax Year$318,658CurrentTaxYearAmt
Total$1,128,229TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$180,715CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$305,395CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$173,126CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$150,335CurrentTaxYearMinus1YearAmt
Current Tax Year$318,658CurrentTaxYearAmt
Total$1,128,229TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$145,706SubstantialContributorsTotAmt
Public Support Total170$982,523PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$46,221CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$41,911CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47,339CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$46,141CurrentTaxYearMinus1YearAmt
Current Tax Year$41,306CurrentTaxYearAmt
Total$222,918TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$415CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$1,846CurrentTaxYearMinus1YearAmt
Total$3,761TotalAmt
FieldValueIRS element (for citing)
Total Support$1,354,908TotalSupportAmt
Gross Receipts Rltd Activities$56,781GrossReceiptsRltdActivitiesAmt
Public Support CY1700.72520PublicSupportCY170Pct
Public Support PY1700.70680PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,945,132BeginningYearBalanceAmt
Contributions$4,125ContributionsAmt
Investment Earnings Or Losses$59,352InvestmentEarningsOrLossesAmt
End Year Balance$2,008,609EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,841,890BeginningYearBalanceAmt
Contributions$10,533ContributionsAmt
Investment Earnings Or Losses$92,709InvestmentEarningsOrLossesAmt
End Year Balance$1,945,132EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,902,567BeginningYearBalanceAmt
Contributions$36,714ContributionsAmt
Investment Earnings Or Losses-$97,391InvestmentEarningsOrLossesAmt
End Year Balance$1,841,890EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,808,391BeginningYearBalanceAmt
Contributions$2,739ContributionsAmt
Investment Earnings Or Losses$91,437InvestmentEarningsOrLossesAmt
End Year Balance$1,902,567EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,794,548BeginningYearBalanceAmt
Contributions$20,923ContributionsAmt
Investment Earnings Or Losses-$7,080InvestmentEarningsOrLossesAmt
End Year Balance$1,808,391EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.05213BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.94787PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$20,000OtherCostOrOtherBasisAmt
Book Value$20,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$20,000TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart V, Line 4:FormAndLineReferenceDesc
ExplanationThe endowment funds that are board designated (5.21%) are to be used for special purposes when general operating funds are not available. Examples include major renovations, improvements, repairs, major equipment purchases, etc. The endowment funds that are permanent (the principal)(94.79%) cannot be used, as stipulated in wills, legal documents etc. Only the income derived from these funds can be used for specific purposes such as book purchases, scholarships, operating expenses, etc.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bBefore the Form 990 is submitted to the IRS it is reviewed by the Treasurer.
Form 990, Part VI, Section C, line 19All Trustees of Bloomfield Academy have a copy of the annual financial statement and it is available to the public on request. The Skowhegan Free Public Library also has a copy of the annual financial statement and it is available to the public on request.
Form 990, Part IX, Column D:Most of the solicitation activity was conducted by unpaid volunteers on behalf of the Organization and only a minimal amount of office expenses, primarily in the form of postage and supplies, could be allocated to fundraising purposes.