2011-07-15T12:09:13-05:00 2010-12-31 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2010-01-01 010425071 Friends of Acadia FRIE 2072883340 PO Box 45 Bar Harbor ME 046090045 Joseph Murphy 2072883340 2011-06-23 1 Barbara J McGuan CPA 2077752387 2011-06-23 2010 2016-02-24 21:20:13Z Marla O'Byrne PO Box 45 Bar Harbor ME 046090045 12115021 0 X www.friendsofacadia.org X 1986 ME Preservation and protection of Acadia National Park 25 24 22 50 0 0 1574504 1937725 2701 30531 14825 911905 133835 212503 1725865 3092664 792952 625748 0 0 805846 842253 0 0 275703 451715 601533 2050513 2069534 -324648 1023130 17887072 20321364 252358 245808 17634714 20075556 X Friends of Acadia preserves, protects, and promotes stewardship of the outstanding natural beauty, ecological vitality, and distinctive cultural resources of Acadia National Park and surrounding communities for the inspiration and enjoyment of current and future generations. 0 0 150711 150711 In 2009, Friends of Acadia (FOA) and Maine Coast Heritage Trust (MCHT) purchased approximately thirty-five acres of marsh land on Northeast Creek for the sum of $28,406. MCHT holds 51% ownership and FOA holds 49% ownership. FOA also granted $21,730 to MCHT to purchase five acres of wetlands on Bass Harbor Marsh. These two properties have been sold to Acadia National Park. As planned in 2010, Friends of Acadia and Maine Coast Heritage Trust acquired a portion of land on Lower Hadlock Pond. The remaining land is under option for acquisition by Acadia National Park in 2012. 240000 240000 The Carriage Road maintenance grant makes possible the salaries of six Acadia National Park workers who perform regular maintenance of the park's 44 miles of historic carriage roads. In 2010, the workers repaired all winter storm damage including surface damage, erosion and tree falls. Crews were kept busy for weeks repairing winter and spring washouts, and spent approximately a week recovering and resetting coping stones that had been dislodged due to storms and vandalism, and added surface material and graded major equestrian routes. This program also uses thousands of volunteer hours from our volunteer and Acadia Youth Conservation programs. In addition, the AYCC youths split ten cords of firewood for the campgrounds. 208210 206945 The Island Explorer is a fare-free, seasonal, propane-powered bus system that runs through Acadia National Park and its surrounding gateway communities. Since its first day of operation in 1999 almost 3.7 million passengers have ridden the bus, approximately 1,373,687 private vehicle trips have been eliminated, reducing smog causing pollutants by an estimated 20.1 tons and green house gas emissions by 12,992 tons. Friends of Acadia has been involved with the bus system since its inception, granting $2 million in funding, and securing more than $2.05 million in grants from L.L. Bean to enable continued growth. Friends of Acadia's grant supplements the operating costs of 25 buses on Mount Desert Island and 1 on the Schoodic Peninsula. 880789 28092 30531 Additionally, Friends of Acadia contributes to a variety of community outreach events such as Take Pride in Acadia Day, National Trails Day, Earth Day Roadside Clean-up, Family Fun Day, and National Public Lands Day. In partnership with Acadia National Park, Friends implements and contributes to other programs including the Ridge Runners, the Wild Gardens of Acadia, the horse patrol, conservation easement monitoring, the Acadia Winter Trails Association, invasive plant eradication, a guide to Acadia's vascular plants, wheelchair accessible carriages and trails, Acadia Quest and other youth-related programs, L.L.Bean Kids in Acadia, L.L.Bean Acadia Research Fellowships, the night sky initiative, the peregrine falcon and hawk watch program, and a volunteer program that contributes over 3,000 hours of time to maintain Acadia's trails and carriage roads. 880789 28092 30531 1479710 1 1 0 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 17 0 22 1 0 0 0 0 1 1 1 1 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ME X X Diana McDowell 2072883340 PO Box 45 Bar Harbor ME 046090045 Emily Beck 1.00 X 0 0 0 Gail Clark 1.00 X 0 0 0 Andrew Davis 1.00 X 0 0 0 John Fassak 1.00 X 0 0 0 Nathaniel R Fenton 1.00 X 0 0 0 Deborah Lash 1.00 X 0 0 0 Edward Lipkin 1.00 X 0 0 0 Elizabeth Martinez 1.00 X 0 0 0 Barbara McLeod 1.00 X 0 0 0 Joseph Minutolo 1.00 X 0 0 0 Andrea Perry 1.00 X 0 0 0 Jack Russell 1.00 X 0 0 0 Howard Solomon 1.00 X 0 0 0 Eleanor Sullivan 1.00 X 0 0 0 Christiaan van Heerden 1.00 X 0 0 0 Sandy Walter 1.00 X 0 0 0 William Whitman 1.00 X 0 0 0 Dick Wolf 1.00 X 0 0 0 Bill Zoellick 1.00 X 0 0 0 Joan Pew 1.00 X X 0 0 0 Edward L Samek 1.00 X X 0 0 0 Joseph Murphy 1.00 X X 0 0 0 Mike Siklosi 1.00 X X 0 0 0 Marla O'Byrne 40.00 X X 113945 0 14585 Nina Horner 1.00 X 0 0 0 John Kelley 1.00 X 0 0 0 Meredith K Moriarty 1.00 X 0 0 0 Donna Reis 1.00 X 0 0 0 113945 0 14585 1 0 0 0 Goldman Sachs 200 West Street 39th Floor New York NY 10282 Asset Management 123461 1 607 294219 243683 1399216 25906 1937725 Miscellaneous Revenue 451211 30531 30531 30531 502071 502071 9269543 300 8860009 409534 300 409834 409834 374851 243683 162348 212503 212503 3092664 30531 0 1124408 625748 625748 128530 73743 24785 30002 567703 362853 92670 112180 19812 9098 4847 5867 75016 43509 14253 17254 51192 32309 8542 10341 1559 1559 25596 12005 6148 7443 123461 123461 16717 9696 3176 3845 12724 11304 318 1102 220397 154036 10729 55632 47700 27666 9063 10971 12007 8133 202 3672 33073 19182 6284 7607 15634 9068 2970 3596 11286 6546 2144 2596 Miscellaneous 65749 65749 Contingency/Hiring 15630 9065 2970 3595 2069534 1479710 314121 275703 X 42659 43878 1345344 600972 72894 400652 6075 152 36345 13991 431824 105591 182153 326233 16140212 18871062 61390 64424 17887072 20321364 82358 75808 170000 170000 252358 245808 X 1112087 1419191 6713023 8846761 9809604 9809604 17634714 20075556 17887072 20321364 X 1023130 1417712 X X 1 1 1 X 0 X 1282442 3281746 1819786 1574504 1937725 9896203 1282442 3281746 1819786 1574504 1937725 9896203 1888619 8007584 615230 789356 514452 444436 502071 2865545 12761748 2073105 0.62750 0.63890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4321 4321 2241128 2245449 262272 65568 0 0 278350 337435 252526 262272 1130583 1695875 9733 2829 5068 4321 21951 69588 84359 63132 65568 282647 423971 1977 1977 14309647 374385 1872549 422188 16134393 12375125 217185 1890497 173160 14309647 16624868 -3649743 600000 12375125 0.06060 0.60800 0.33140 0 0 294624 294624 25495 16914 8581 111705 88677 23028 326233 3092664 2069534 1023130 1417712 1417712 2440842 4562827 1417712 13564 162348 1593624 2969203 123461 123461 3092664 2121985 13564 162348 175912 1946073 123461 123461 2069534 Description of Intended Use of Endowment Funds: Part V, Line 4: Friends of Acadia uses its endowment assets as an attempt to provide a predictable stream of funding to the programs supported by its endowments while seeking to maintain the purchasing power of the endowment assets. The investments aim to provide appropriate stewardship of Friends of Acadia's financial assets and secure long-term financial stability and income to support the Organization's commitments to Acadia National Park and Friends' operations and programs as budgeted annually by the investment and finance committee and approved by the Organization's board of directors. Part XII, Line 2d - Other Adjustments: Auction Direct Expenses 162,348. Part XIII, Line 2d - Other Adjustments: Auction Direct Expenses 162,348. 2010 Benefit Green Gala 613477 243683 369794 58921 68777 1600 29622 Cocktail Party Events 5057 5057 3428 618534 243683 374851 58921 68777 1600 33050 162348 212503 1 Acadia National Park PO Box 177 Bar Harbor ME 04609 Government Entity 414663 Provide assistance to ensure the protection of the Acadia National Park region Downeast Transportation PO Box 914 Ellsworth ME 04605 010371992 501(c)3 206945 Provide support for the Island Explorer propane bus service 2 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Organization maintains a policy designed to monitor the grant arrangements the Organization enters into. The Organization sends letters specifying what the grant is for and requesting a return letter that the grant will be used for the intended purpose. The Organization meets with Acadia National Park staff twice a year who provide documentation of where and how the grants were used. The Island Explorer bus system is monitored by the Organization's conservation director who sits on the board of Downeast Transportation. The Organization also requests a letter from Acadia National Park to approve the grant as the buses are operated inside the Park. X 11 24409 Market Price X Auction Items 133 Donor Estimate Value X Camping Equipment 1 1497 Market Price 0 1 1 Third Party Use: Part I, Line 32b: The Organization uses an auctioneer who donates their time to run the event. In addition, the Organization sells contributions of securities through its investment broker. All gifts of securities are sold as soon as administratively possible. Non Reporting of Revenue: Part I, Line 33: For various auctioned items, the Organization does not record revenue when items are donated, rather when the items are sold at the auction event. The donor estimated value of auctioned items was $241,598. Form 990, Part VI, Section B, line 11 The Form 990 is reviewed by the audit committee. After discussion with the lead and managing auditors the return is signed and filed. Additionally, the full board reviews the Form 990 prior to its filing. Form 990, Part VI, Section B, line 12c Once a year, a disclosure form is mailed to each board member as well as the members of the development committee and the investment and finance committee. That form is also delivered to the staff. Completion of each form is required; those who do not return the form are mailed another. The answers are then reviewed by the governance/nominating committee who report to the board. Form 990, Part VI, Section B, line 15 The policy of the Organization is to periodically use the Maine Association of Non-Profit's salary and benefits survey to review current positions and related salaries. Also taken into consideration is cost of living and rate of inflation statistics. Board's executive committee sets the president's salary. The salary listed for the president in Part VII, page 8, includes 27 pay periods, rather than the normal 26 pay periods per year. The first pay period of 2010 was 1/1/10 and the last pay period was 12/31/10. This caused an overstatement of salary by one two-week pay period that was expensed in 2009, but paid in 2010. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 1,417,712. Audit Oversight Form 990, Part XI, Line 2c The audit process has not changed from the prior year.