Amc Maine Woods Inc

What it reported doing in 2015

Maine Woods Initiative (MWI) Project Management and Operations - Maine Woods Initiative (MWI) Project Management and Operations Program actively promotes, preserves, and protects the natural resources and environment of the 100-Mile Wilderness region. As part of this program, MWInc owns and manages over 37,000 acres of working forest, inclusive of a 10,000-acre ecological reserve, commonly known as the Katahdin Iron Works (KIW) property.Maine Woods Initiative Project Management and Operations program also works with conservation partners and local communities to build grassroots support for priority conservation projects. The program *Refer to Schedule O, Page 31 for Continuation* Maine Woods Initiative (MWI) Project Management and Operations (Continued): participates in and comments on formal resource management programs and decisions at the local, state, and federal level; consults with industry and land owners to find equitable solutions to environment problems, advocates for state and federal land protection and trails funding, and facilitates public participation in local, state and federal environmental issues and policy. MWI participated in the public process to design tourist-related multi-business co-operative packages to facilitate a greater use of the recreational resources in the Moosehead Lake region. MWI also supports regional nature-based tourism through a collaborative GIS effort with local businesses and guides and provides directional and interpretive signage for state-recognized nature tourism sites.MWI works with young people each year through guided and self-guided programs designed to make the outdoors and the environment accessible and meaningful to youth from all socioeconomic backgrounds. We worked with a local education collaborative to provide schoolchildren winter recreation programs and support outdoor skills courses, using the KIW property as a hands-on learning resource. MWI also provided in-classroom environmental education to a number of local elementary schools.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 93.1%; rating input score 93
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 40%; rating input score 40; 9th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -110%; rating input score 1; 1st percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 3.5%; rating input score 62; 62nd percentile among comparable filings

Growth

• Program expense growth: 8.6% per year; rating input score 100; 65th percentile among comparable filings
• Revenue growth: 13% per year; rating input score 100; 78th percentile among comparable filings
• Asset growth: -18.2% per year; rating input score 0; 5th percentile among comparable filings