17 Lincoln Street
17 Lincoln Street maintains stable revenue but carries significant liabilities relative to its assets.
EIN: 10456661 · Brunswick, ME · NTEE: L80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $106K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $-639,504 |
| Transparency Score | 65/100 |
Is 17 Lincoln Street Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
17 Lincoln Street directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 17 Lincoln Street
17 Lincoln Street (EIN: 10456661) is a nonprofit organization based in Brunswick, ME, classified under NTEE code L80Z. The organization reported total revenue of $140K and total assets of $297K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 17 Lincoln Street's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
17 Lincoln Street is a small nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $106K |
| Surplus / Deficit | +$11K |
| Total Assets | $307K |
| Total Liabilities | $947K |
| Net Assets | $-639,504 |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 308.3% |
| Months of Reserves | 34.6 months |
Financial Health Grade: A
In 2023, 17 Lincoln Street reported a surplus of $11K with revenue exceeding expenses, holds 34.6 months of operating reserves (strong position), has a debt-to-asset ratio of 308.3% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), 17 Lincoln Street's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | -1.5% | +5.3% |
| 2022 | +4.2% | +10.3% | -2.8% |
| 2021 | +5.2% | -1.2% | +14.4% |
| 2020 | +3.6% | -1.0% | +10.2% |
| 2019 | -9.1% | -18.2% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 17 Lincoln Street with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, 17 Lincoln Street allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 308.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $100,000 in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 17 Lincoln Street's IRS 990 filings:
- Consistently high liabilities significantly exceeding assets (e.g., $946,527 liabilities vs. $307,023 assets in 2023).
- Lack of detailed expense breakdown in summary data, making program efficiency difficult to assess.
- Operating near break-even or with small deficits in multiple years (e.g., 2018 expenses exceeded revenue by $12,021), limiting financial flexibility.
Strengths
The following positive indicators were identified for 17 Lincoln Street:
- Stable and gradually increasing revenue over the past decade, indicating consistent support.
- Reported 0% officer compensation across all filings, suggesting a highly dedicated, potentially volunteer-led, leadership.
- Consistent filing of IRS Form 990s, demonstrating a commitment to transparency in reporting.
Frequently Asked Questions about 17 Lincoln Street
Is 17 Lincoln Street a legitimate charity?
17 Lincoln Street (EIN: 10456661) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $140K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does 17 Lincoln Street spend its money?
17 Lincoln Street directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to 17 Lincoln Street tax-deductible?
17 Lincoln Street is registered as a tax-exempt nonprofit (EIN: 10456661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the 17 Lincoln Street CEO make?
17 Lincoln Street's highest-compensated officer earns $100,000 annually. The organization reported $140K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 17 Lincoln Street's spending goes to programs?
17 Lincoln Street directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 17 Lincoln Street compare to similar nonprofits?
With a transparency score of 65/100 (Good), 17 Lincoln Street is above average for NTEE category L80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 17 Lincoln Street located?
17 Lincoln Street is headquartered in Brunswick, Maine and files with the IRS under EIN 10456661. It is classified under NTEE code L80Z.
How many years of IRS 990 filings does 17 Lincoln Street have?
17 Lincoln Street has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $140K in total revenue.
What is the nature of 17 Lincoln Street's substantial liabilities?
The provided data consistently shows liabilities ranging from $900,000 to over $1 million, significantly outweighing assets. Understanding the nature of these liabilities (e.g., mortgage, program-related debt, long-term loans) is crucial for assessing financial risk.
How does 17 Lincoln Street manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests a volunteer-driven leadership model or that compensation is structured in a way not captured under 'officer compensation.' This is unusual for an organization of this size and warrants further inquiry into its operational structure.
What is the detailed breakdown of 17 Lincoln Street's expenses?
Without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess spending efficiency and how much of the budget directly supports its mission. The provided data only gives total expenses.
What is the long-term plan for addressing the high liabilities?
Given the persistent high liabilities relative to assets, understanding the organization's strategy for managing and reducing this debt burden is important for evaluating its long-term financial sustainability.
Filing History
IRS 990 filing history for 17 Lincoln Street showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), 17 Lincoln Street's revenue has grown by 60.3%, moving from $73K to $117K. Total assets decreased by 27.2% over the same period, from $422K to $307K. Total functional expenses fell by 4.1%, from $111K to $106K. In its most recent filing year (2023), 17 Lincoln Street reported a surplus of $11K, with revenue exceeding expenses. The organization holds $947K in liabilities against $307K in assets (debt-to-asset ratio: 308.3%), resulting in net assets of $-639,504.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $117K | $106K | $307K | $947K | — | View 990 |
| 2022 | $114K | $108K | $292K | $942K | — | View 990 |
| 2021 | $109K | $98K | $300K | $956K | — | — |
| 2020 | $104K | $99K | $262K | $930K | — | View 990 |
| 2019 | $100K | $100K | $238K | $910K | — | View 990 |
| 2018 | $110K | $122K | $220K | $893K | — | View 990 |
| 2017 | $95K | $111K | $244K | $904K | — | View 990 |
| 2016 | $93K | $106K | $410K | $1.1M | — | View 990 |
| 2015 | $88K | $113K | $415K | $1.0M | — | View 990 |
| 2014 | $88K | $109K | $449K | $1.1M | — | View 990 |
| 2013 | $82K | $113K | $440K | $1.0M | — | View 990 |
| 2012 | $73K | $111K | $422K | $977K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $117K, expenses of $106K, and assets of $307K (revenue +2.9% year-over-year).
- 2022: Revenue of $114K, expenses of $108K, and assets of $292K (revenue +4.2% year-over-year).
- 2021: Revenue of $109K, expenses of $98K, and assets of $300K (revenue +5.2% year-over-year).
- 2020: Revenue of $104K, expenses of $99K, and assets of $262K (revenue +3.6% year-over-year).
- 2019: Revenue of $100K, expenses of $100K, and assets of $238K (revenue -9.1% year-over-year).
- 2018: Revenue of $110K, expenses of $122K, and assets of $220K (revenue +16.4% year-over-year).
- 2017: Revenue of $95K, expenses of $111K, and assets of $244K (revenue +2.0% year-over-year).
- 2016: Revenue of $93K, expenses of $106K, and assets of $410K (revenue +6.1% year-over-year).
- 2015: Revenue of $88K, expenses of $113K, and assets of $415K (revenue -1.0% year-over-year).
- 2014: Revenue of $88K, expenses of $109K, and assets of $449K (revenue +8.4% year-over-year).
- 2013: Revenue of $82K, expenses of $113K, and assets of $440K (revenue +11.4% year-over-year).
- 2012: Revenue of $73K, expenses of $111K, and assets of $422K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 17 Lincoln Street:
Data Sources and Methodology
This transparency report for 17 Lincoln Street is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.