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JULY 4TH PORTLAND

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Tax-exempt status may be revoked

JULY 4TH PORTLAND

EIN 46-1526776 · Commemorative Events (A84)

What they do

SINCE 2010, JULY 4TH PORTLAND PRIVATELY RAISED FUNDS FOR THE STARS AND STRIPES SPECTACULAR. JULY 4TH PORTLAND WORKED IN PARTNERSHIP WITH THE CITY OF PORTLAND COORDINATING THE FIREWORKS AND POPS CONCERT WAS CONDUCTED SAFELY FOR THE 50,000 TO 70,000 SPECTATORS WHO ATTEND. IN 2018 THE CONCERT WAS SUSPENDED DUE TO LACK OF FUNDING. JULY 4TH PORTLAND HAS BEEN WORKING WITH SHAMROCK SIGNATURE OF PORTLAND TO TAKE OVER THE EVENT IN 2019.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders1 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

563.71%of revenue went to mission work100.0% of expenses · Program services
$563.71spent for every $100 of revenueSpending was higher than revenue this year.
$0.08in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

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  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $47,507 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$10,245
Mission workProgram services$57,752563.71% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$57,752563.71% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2018CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 563.71% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 170.56% of revenue
2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 103.73% of revenue

Money in and money out

Revenue$10,245
Expenses$57,752
Annual shortfall $47,507 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$57,752 · 100.0% of expenses
See all reported dollar amounts
Revenue$10,245
Expenses$57,752
Assets$4,783
Contributions$10,245
Mission work (program services)$57,752
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (1)

TIM REARDONPRINCIPAL OFFICER

About this charity

Location
1000 Brighton Avenue, Portland, ME 04101
County
Cumberland
In care of
TIM REARDON
Primary officer
Tim Reardon

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2020
Return type
990EZ
Tax preparer
ALBIN RANDALL & BENNETT
NTEE classification
Commemorative Events (A84)
IRS tax category
Commemorative Events
Revocation date
May 15, 2024

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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