Mission
The activity of the organization is to provide funding and support for IRC Section 501 (c) (3) organizations operating on Peaks Island, Maine
Community Foundation
Peaks Island Fund Inc
Based in Peaks Island, ME, Peaks Island Fund Inc operates as a Community Foundation. The organization reported $239K in revenue, $149K in expenses, $1.4M in total assets for fiscal year 2025. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $139K.
EIN: 923794520
Peaks Island, ME
Community Foundations
NTEE: T31
Latest filing: 2025
Total Revenue$239K
Total Expenses$149K
Total Assets$1.4M
Grant Records2
Funding Total$139K
Filing Years2023–2025
Where $100 goes at Peaks Island Fund Inc
How Peaks Island Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$69
Programs
the work itself
$28
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $69 for programs
$18
The organizations support of the Peaks Island Newspaper lead to the creation of the Newspaper in 2023 with a Grant of 10,000.00 this initial Grant allowed a trial…
$17
The Peaks Island Childrens workshop has been nuturing the children of peaks for more than 50 years
$17
The Fifth Maine Regiment Museum is a vital part of the island and is important for both its history and its community gathering space
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Community Improvement
$130,000
For grant recipient's exempt purposes
$9,400
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
Trustee
Anne Coughlin
Trustee
Bryn Roberts
Trustee
Cate Stevenson
Vice President
Daniel Goodman
Trustee
Doug Lavanture
Trustee
Fred Fahey
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $239K | $149K | $1.4M |
| 2024 | $139K | $144K | $1.2M |
| 2023 | $5K | $136 | $5K |
Between 2023 and 2025, reported annual revenue grew from $5K to $239K (+4905%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.