Maine Lighthouse Trust

Nonprofit profile at a glance

EIN
830890686
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Biddeford, ME, USA
Phone
2072823148
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Reported finances

Revenue
$193,239
Expenses
$120,909
Assets
$70,065

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Sean Murphy (President)
  • Janet Gerding (Vice President/Secretary)

People named in this filing

  • Sean Murphy (President)
  • Walter Fowski (Board Member)
  • Janet Gerding (Vice President/Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Schedule O

What it reported doing in 2025

Supporting Maines Lighthouse organization: Grants were made to eight Maine Lighthouse organizations totaling $98,257. These grants provided funding to enhance public access and/or repair and preserve these structures.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 100
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.1%; rating input score 57
  • Program expense ratio: 91.2%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 37.4%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 89.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 35.5% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 77.4% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 57.1% of revenue deployed · 91.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $110K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.