2026-09-16T13:36:21-05:00 2025-12-31 824812448 PGM LLC 319 Main Street Biddeford ME 04005 990 2025-01-01 020549816 Friends of Spannocchia FRIE 2073702162 PO Box 10531 Portland ME 04104 Sarah Allenby Executive Director 2073702162 2026-09-16 1 P01200943 2074155714 2025 Sarah Allenby PO Box 10531 Portland ME 04104 1593000 0 X www.spannocchia.org X 2002 ME Friends of Spannocchia connects our global community to Tuscan culture, regenerative agriculture, and natural landscapes through immersive education, partnerships, and our support of Tenuta di Spannocchia as a model for environmental stewardship. 14 14 1 57 0 0 237645 953749 405214 532456 14988 57753 6204 12313 664051 1556271 464260 615729 0 0 52156 65030 0 0 4995 32766 48683 549182 729442 114869 826829 464202 1282906 39363 44174 424839 1238732 X Friends of Spannocchia connects our global community to Tuscan culture, regenerative agriculture, and natural landscapes through immersive education, partnerships, and our support of Tenuta di Spannocchia as a model for environmental stewardship. 0 0 183257 167323 36193 The internship and apprenticeship programs teach regenerative farming, conservation and sustainability, and Italian food traditions, history and culture through a mix of hands-on work and educational programming. 24 interns participated in the internship program in 2025. Our apprenticeship programs hosted 10 butcher apprentices and 2 culinary apprentices. 463993 448406 496263 The educational program provides 1-3 week programs for students and adults focused on topics related to Italian culture and history, food and agriculture, sustainability, fine arts and music, and wellness. Approximately 410 people participated in educational programs in 2025. The farm grant program supports innovative agricultural and conservation projects on the Spannocchia property, reflecting our commitment to education and the environment. The board considers project proposals that showcase responsible land and water use, demonstrate trailblazing permaculture practices, and inspire and educate visitors about climate-conscious choices. In 2025, the selected project supported the planting of a new vineyard, which is a key component of our internship program and serves as a model for ecoconscious vineyard management and winemaking. However, due to the planting cycle, the expenses for this project were not incurred until the start of 2026. 12880 Retail sales of items from the farm and related to our work and brand began in 2023. In 2025, we created and sold special branded items in honor of the property's 100 and 800 year anniversaries. 12880 647250 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X Sarah Allenby 2073702162 PO Box 10531 Portland ME 04104 Mark Leighton President 1.00 X X 0 0 0 Loring Schwarz Vice President 1.00 X X 0 0 0 Susan Babcock Secretary 1.00 X X 0 0 0 David Carter Treasurer 1.00 X X 0 0 0 Katya d'Angelo Director 1.00 X 0 0 0 Anna Wells Piotti Castonguay Director 0.50 X 0 0 0 Brian Donahue Director 0.50 X 0 0 0 Jacopo Goracci Director 0.50 X 0 0 0 Lydia Klenova Director 0.50 X 0 0 0 Katie Moss Director 0.50 X 0 0 0 Sheela Prakash Director 0.50 X 0 0 0 Jacqueline Ricotta Director 0.50 X 0 0 0 Chris Stueart Director 0.50 X 0 0 0 Lila Wilmerding Director 1.00 X 0 0 0 Sarah Allenby Executive Director 25.00 X 60335 0 0 60335 0 0 0 0 0 0 0 66613 887136 953749 Program Revenue 900099 496263 496263 Intern Program Service 900099 36193 36193 532456 54626 54626 3127 0 3127 3127 3127 3029 3743 -714 -714 45866 32986 12880 12880 Miscellaneous 900099 147 147 147 1556271 545336 0 57186 24885 24885 590844 590844 60042 24017 36025 4988 1995 2993 2226 2044 182 2406 323 2083 1360 1360 2500 2500 5908 913 4995 1055 1055 3600 3600 4941 1415 3526 5123 690 4433 2456 2456 Bank and merchant 10032 10032 Other Associazione proj 6039 6039 Alumni stewardship 1037 1037 729442 647250 77197 4995 368016 385459 7577 14678 5157 1069 26823 80439 857890 464202 1282906 6536 10040 32827 34134 39363 44174 X 384490 1187321 40349 51411 424839 1238732 464202 1282906 826829 -12936 0 X 0 0 0 X 170726 157640 202499 237645 953749 1722259 25044 249471 386701 416519 578322 1656057 195770 407111 589200 654164 1532071 3378316 87163 87308 103743 84153 831220 1193587 0 87163 87308 103743 84153 831220 1193587 2184729 197 210 2106 6406 54626 63545 197 210 2106 6406 54626 63545 672 158 830 195967 407321 591978 660728 1586697 3442691 0.63460 0.77780 0.01850 0.00450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 750000 17066 767066 1.00000 0 0 0 Part V, Line 4: Funds in the endowment are managed and utilized according to the organization's Investment Policy, which allows a 4-5% draw annually, based on the portfolio's average market value over the previous three years. Funds are unrestricted and are used to help offset the organization's operating expenses. 1 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program services Education 623595 0 0 0 0 0 0 623595 0 623595 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium The Associazione manages our educational internships and group programs on a farm in Italy. Grant provided covers all costs including program management, administration and overhead. 206384 Wire Transfer 0 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium The Societa is paid to provide room & board as well as some activities (education tours and classes) to Friends of Spannocchia's program participants. Additionally, Friends of Spannocchia funds targeted projects on the farm that serve an educational purpose and help to fulfill our mission. 381332 Wire Transfer 0 2 0 0 0 0 0 0 Part I, Line 2: Monthly financial reports are reviewed by the Executive Director and the Friends of Spannocchia Finance Committee, and discussed in detail with the Director of the Associazione Castello di Spannocchia. The annual budget of the Associazione is reviewed and discussed by the Board of Directors of Friends of Spannocchia every year. Payments to the Societa for their room & board services are paid only upon receipt of invoices, based on our contracted room & board rates. Payments for special educational projects, according to grant proposal(s) reviewed and approved by the Friends of Spannocchia Board of Directors, are also paid only upon receipt of invoices of incurred costs. 1 Internship scholarships 5 4250 FMV Tuition assistance Music adventure scholarship fund 14 20635 FMV Program discount Form 990, Part VI, Section B, line 11b A copy of the completed 990 is first reviewed by the Executive Director and once any edits/issues identified have been addressed, the Form 990 is then circulated to the Board of Directors for review and comment before filing. The Board review is conducted during quarterly Board meetings whenever possible, otherwise it is done via email with a special meeting held if necessary to address questions. The Board members are provided with an outline of any changes in the filing from the previous year's 990. Form 990, Part VI, Section B, line 12c Potential conflicts of interest issues are monitored to ascertain compliance with policy. The policy is reviewed at the Annual Meeting. Form 990, Part VI, Section B, line 15a The Executive Director's performance and compensation is reviewed and approved by the executive committee, using comparables from the Maine Association of Nonprofits biennial wages and benefits survey. Form 990, Part VI, Section C, line 19 Governing documents, organizational policies, and financial statements are available upon request by contacting the Executive Director.