Ocean Point Colony Trust Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The organization is dedicated to the responsible stewardship of properties and resources for public use and creating programs and activities at Ocean Point, Maine for the enjoyment of all.
- Income
- $82,806
- Spending
- $115,458
- Spent on programs
- 91%
- Reserves
- 17.3 months of spending
- Largest source of income
- donations and private grants, 58%
- Employees
- 3
- Volunteers
- 50
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100.
Reserves
35 of 35Spendable reserves would cover 17.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 39% of income.
Income trend
5 of 15Income fell 15% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 50 out of 100.
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $105,465 spent. The Ocean Point Colony Trust ("OPCT") is dedicated to the responsible stewardship of properties and resources for public use and creating programs and activities at Ocean Point, Maine for the enjoyment of all. During the year ended December 31, 2025 the OPCT allowed public access to all of its properties. Presently, the OPCT preserves and maintains over 14 acres of land, the majority of which is in a "forever wild" state. Included in its holdings are woodlands, a playground, ballfields, tennis courts, a casino building, a beach and parking area, and 1000 feet of ocean frontage which the OPCT has protected from development. Countless thousands of visitors to the Boothbay Region of Maine as well as local citizenry enjoy these properties at no charge. During the year the OPCT continued its woodlot management program and development of a planned trail system for hikers of all ages and abilities. In addition to fulfilling its primary mission of responsible stewardship, the OPCT provided (A) athletic activities for young children through teens including soccer, softball, volleyball, tennis, capture the flag and kickball, (B) tennis lessons from the beginner level to the intermediate level, tennis clinics and fielded a tennis team, (C) arts and crafts workshops for children, (D) reading programs, including an afternoon story hour for children and a lending library, (E) social and dining activities for people of all ages including taco Tuesday, pasta dinners, ice cream socials, pancake breakfasts, ball game cookouts and a road race (F) encouragement and opportunities to young people to participate in activities that develop a sense of camaraderie and volunteerism such as fund raising events for other non-profit organizations and maintaining the OPCT's properties.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1972.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.