MIDCOAST YOUTH CENTER & Skatepark
Nonprofit profile at a glance
- EIN
- 831115140
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019
- Location
- Bath, ME, USA
- Phone
- 2074436856
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $2,208,143
- Expenses
- $1,652,782
- Assets
- $1,969,766
- Liabilities
- $555,403
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- JAMIE DORR (EXECUTIVE DIRECTOR)
- Whitney Taggart (Vice President)
Highest reported compensation
- JAMIE DORR (EXECUTIVE DIRECTOR): $85,560 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to unlock the inherent potential of every young person, while empowering them to thrive.
What it reported doing in 2024
SKATEPARK: Healthy Risk-taking means getting active to build confidence and connections. MYC promotes skateboarding, scootering, biking, and outdoor expeditions to increase mental and physical well-being.Originally founded by local teens in downtown Bath in the early 2000s, the park was relocated in 2012 and operated by the City until MYC assumed ownership in 2020 Since then, weve invested in knowledgeable staff, brought in professional skateboarders and builders, and designed a vision that goes beyond ramps and rails: a thriving community where people of all ages, backgrounds, and abilities feel welcome.In the past year alone, the park has hosted: 1,686 sessions with 5,135 registered skaters on file 393 equipment rentals, 131 Half-Pint sessions, 64 homeschool sessions, and 21 drop-in lessons A 30% increase in participation and a 90% return rate for new familiesAs one parent shared, The skateboard instructor, Sean, has been doing an excellent job... our son Jasper has learned a lot in only three lessons. Both of my boys have enjoyed the lessons immensely. Another added: Williams confidence as a skater has grown tremendously since he first started last fall. He looks forward to his lessons each week.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.2%; rating input score 64
- Program expense ratio: 85.9%; rating input score 86
- Fundraising efficiency: $10.97 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 25.2%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.19; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 32.4% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 37.6% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 48.3% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 64.2% of revenue deployed · 85.9% of spending went to programs
- Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
- Programs: 10 filed program accomplishments · $1.4M in reported program spending
- Leadership: top reported pay $86K · 17 people listed
- Consistency: 35 of 35 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.