Maine · Nonprofit
Peaks Island Fund Inc
Peaks Island Fund Inc (Maine) receives grants from 3 organizations whose IRS filings report $159,400 to it, the largest being Maine Community Foundation Inc ($130,000). 1 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $239k
- Funders on record
- 3
- Grants received
- $159k
- Net assets
- $1.4M
What Peaks Island Fund Inc does
Mission
The activity of the organization is to provide funding and support for IRC Section 501 (c) (3) organizations operating on Peaks Island, Maine
As stated on its FY2025 Form 990.
Programs
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 version of the paper to be published. In 2024 and 2025 with continuing support the newspaper is able to expand to a monthly publication which is now mailed to every household on the island
The Peaks Island Childrens workshop has been nuturing the children of peaks for more than 50 years. The workshop is critical in making the island viable to young families. The organization has supported the workshop with a full grant of $10,000 per year providing critically needed support
The Fifth Maine Regiment Museum is a vital part of the island and is important for both its history and its community gathering space. The organization has supported the Museum by helping with critical infrastructure to ensure that the museum remains a major attaction for island visitors and residents alike.
The Activity of the Organization is to provide funding and support for IRC Section 501 (c) (3) organizations operating on Peaks Island Maine. The organization raised $ 152,385 from donations. Consistent with Fiduciary principles, the Organization made available 4% of the fund for grant making purposes. The Organization incurred expenses of $149546 including payment of grants of $104,045. These Grants were made to 13 different island organizations.
$105,857 spentof which $74,045 as grants$86,609 earned by the program100% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $105,857.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $5k to $1.2M (+25966%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
64% of Peaks Island Fund Inc’s revenue is contributions — about as donation-reliant as the typical peer (87% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Perry Sutherland
Executive Director/Secretary
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 87% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Peaks Island Fund Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Peaks Island Fund Inc leans on a few funders — its largest provides 82% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Peaks Island Fund Inc.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
87% of Peaks Island Fund Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $20k that is directly attributable, 100% of it comes from funders outside Maine, across 1 state.
Funder states come from each funder’s own filing. $139k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Peaks Island Fund Inc runs a healthier operating margin than three-quarters of the 4,505 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 4,505 philanthropy nonprofits $100k–$1M, FY2025
Organizations like Peaks Island Fund Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maine
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Peaks Island Fund Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Peaks Island Fund Inc?
- Peaks Island Fund Inc (Maine) receives grants from 3 organizations whose IRS filings report $159,400 to it, the largest being Maine Community Foundation Inc ($130,000). 1 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Peaks Island Fund Inc have?
- IRS filings report 3 organizations giving $159,400 in grants to Peaks Island Fund Inc, 1 of which have funded it in more than one year.
- Who is the largest funder of Peaks Island Fund Inc?
- Maine Community Foundation Inc is the largest funder on record, with $130,000 in grants. The full list of funders is on this page.
- How can an organization like Peaks Island Fund Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing