Round Pond Village Improvement Society

Nonprofit profile at a glance

EIN
010338684
IRS 990 coverage
2023–2025
Forms available
Form 990 2025, Form 990-N 2022
Location
Round Pond, ME, USA
Phone
2075295531
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$31,014
Expenses
$35,211
Assets
$291,073
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • MARIANNE MASTERS (PRESIDENT)

People named in this filing

  • MARIANNE MASTERS (PRESIDENT)
  • WILLIAM J RUSSELL JR (PAST PRESIDE)
  • MARY BOOTHBY (TREASURER)

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

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

Overview

Mission

Round pond village improvement society (rpvis) was formed in 1928 to preserve land on round pond harbor to always be accessable for use by local fishermen, ensuring them a working waterfront, as well as open for use by the general public for water access to launch recreational boats and general enjoyment of the shore. Rpvis mission is to preserve this space as well as other spaces owned by rpvis for the betterment of the community.

What it reported doing in 2025

Round pond village improvement society (rpvis) owns shorefront property on round pond harbor to be preserved for primary use by local fishermen, providing them with launch ramps, docks, and floats needed for their livelihood. Ensuring them a working waterfront. The general public also has access to the same shorefront for recreational use. Rpvis owns a lupine field under a conservation easement that also provides shore access to the general public for swimming. Rpvis also manages the myron rice recreation area where rpvis has constructed tennis/pickleball and basketball courts providing free access to the public.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.3%; rating input score 90
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -13.5%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 8.27; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 27.7% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: -40.6% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 10.9% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.3% of spending went to programs
  • Governance: 8 of 8 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $32K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2023 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.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.