TOTAL REVENUE - FISCAL 2025
$7,597,711
Up 52.3% from $4,989,841 in fiscal 2024.
Cromwell Harbor Supporting Foundation
Boston, Massachusetts - EIN 87-3060445 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Cromwell Harbor Supporting Foundation reported $7,597,711 in revenue and $1,713,492 in expenses in fiscal 2025, a surplus of $5,884,219 for the year. Program services took $1,662,385 of expenses, or 97.0%. The organization closed the year with $65,816,525 in net assets - about 460.9 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$1,713,492
Revenue minus expenses: $5,884,219 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
97.0%
$1,662,385 of $1,713,492 went to program services.
NET ASSETS - END OF FISCAL 2025
$65,816,525
Total assets $66,002,435 minus total liabilities $185,910.
PEOPLE REPORTED - FISCAL 2025
0 Employees
Plus 5 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.00 - $0 in fundraising expenses divided by $4,739,111 in total contributions. On cash contributions only: $0.00.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $4,739,111 |
| Of Which Cash Contributions | $2,874,207 |
| Of Which Donated Goods (Noncash) | $1,864,904 |
| All Other Contributions | $4,739,111 |
| Program Service Revenue | $0 |
| Investment Income | $3,173,439 |
| Other Revenue | -$314,839 |
| Total Revenue (All Sources) | $7,597,711 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Donated Goods Are a Large Share Here
For this organization, donated goods were $1,864,904 of $4,739,111 in contributions in fiscal 2025 - a large share of reported contributions is goods valued in dollars, not cash. The cash and noncash split is shown above, and any cost-to-raise-a-dollar figure is shown both ways.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
460.9 Months
of reserves - $65,816,525 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $142,791 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $66,002,435 |
| Total Liabilities | $185,910 |
| Liabilities as Share of Assets | 0.3% |
| Net Assets | $65,816,525 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026.
No compensation was reported for any officer, director, trustee or key employee on the fiscal-2025 Form 990. Everyone named on the filing served without pay from the organization, as reported.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed May 15, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
5 voting members, 5 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| William N Thorndike Jr | President, Treasurer & CIO |
| Geneva S Thorndike | Clerk |
| M Lee Pelton | Director |
| Thomas Bird | Director |
| Charles Cheever | Director |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyNo
Document Retention PolicyNo
Audited Financial StatementsNo
Audit CommitteeNo
Board Size and Independence5 voting / 5 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $1,444,417 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Author'S Guild Foundation GENERAL SUPPORT | $100,000 |
| Children'S Tumor Foundation GENERAL SUPPORT | $25,000 |
| College Of The Atlantic GENERAL SUPPORT | $420,000 |
| Friends Of Acadia GENERAL SUPPORT | $15,000 |
| Jesup Memorial Library GENERAL SUPPORT | $50,000 |
| Kids Alive International SPECIAL PROJECT | $10,000 |
| Lawrence Catholic Academy GENERAL SUPPORT | $100,000 |
| Massachusetts General Hospital SPECIAL PROJECT | $200,000 |
| Mount Desert Island Hospital GENERAL SUPPORT | $10,000 |
| Mount Desert Land And Garden Preserve GENERAL SUPPORT | $25,000 |
| North Bennet Street School GENERAL SUPPORT | $125,000 |
| Outer Coast GENERAL SUPPORT | $50,000 |
| Pickles Group Inc GENERAL SUPPORT | $50,000 |
| President And Fellows Of Harvard College SPECIAL PROJECT | $10,000 |
| Society For The Preservation Of New England Antiquities GENERAL SUPPORT | $25,000 |
| St Pauls Episcopal Church GENERAL SUPPORT | $10,000 |
| Vital Cxns Inc GENERAL SUPPORT | $176,667 |
| Wgbh Educational Foundation GENERAL SUPPORT | $25,000 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $4,989,841 | - |
| Fiscal 2025 | $7,597,711 | +52.3% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jul 1, 2024 - Jun 30, 2025 | Form 990 | In Force - Filed May 15, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.