1928 Prayer Book Alliance Inc
1928 Prayer Book Alliance Inc. consistently operates near break-even with volunteer leadership and minimal assets.
EIN: 10629229 · Wells, ME · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $130K |
| Program Spending | 85% |
| Net Assets | $14K |
| Transparency Score | 75/100 |
Search Intent Cockpit
1928 Prayer Book Alliance Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
1928 Prayer Book Alliance Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around 1928 Prayer Book Alliance Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $129K and expenses of $130K.
Revenue and Expenses
1928 Prayer Book Alliance Inc reported $129K in revenue and $130K in expenses, a deficit of $615.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is 1928 Prayer Book Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $110K (85%) |
Across stored filings, 1928 Prayer Book Alliance Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade C | 10 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Religion context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Wells, ME nonprofitsReligion in Maine
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Donation Decision Flow
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Some Concerns. Check deductibility, filings, and red flags.
2Understand money
85% of spending goes to programs.
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4Decide
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Keep the Investigation Moving
1928 Prayer Book Alliance Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 1928 Prayer Book Alliance Inc
1928 Prayer Book Alliance Inc (EIN: 10629229) is a nonprofit organization based in Wells, ME, classified under NTEE code X21. The organization reported total revenue of $130K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1928 Prayer Book Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1928 Prayer Book Alliance Inc is a small nonprofit that has been operating for 6 years, with 10 years of IRS 990 filings on record (2010–2019). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $130K |
| Surplus / Deficit | $-615 |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | -0.5% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2019, 1928 Prayer Book Alliance Inc reported a deficit of $615 with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2010–2019), 1928 Prayer Book Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +6.4% | +7.3% | -4.3% |
| 2018 | -1.1% | -1.6% | +3.0% |
| 2017 | +0.6% | +1.3% | -1.7% |
| 2016 | +4.2% | -11.8% | +4.0% |
| 2015 | -5.7% | +3.0% | -60.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2020 |
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 1928 Prayer Book Alliance Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, 1928 Prayer Book Alliance Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $615, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and suggests a high dedication from its leadership.
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 1928 Prayer Book Alliance Inc's IRS 990 filings:
- Frequent operational deficits (7 out of 10 years)
- Minimal asset reserves relative to annual expenses
Strengths
The following positive indicators were identified for 1928 Prayer Book Alliance Inc:
- Zero officer compensation, indicating volunteer leadership
- No reported liabilities, demonstrating fiscal prudence
- Consistent revenue generation over a decade
- Transparent financial reporting via consistent 990 filings
Frequently Asked Questions about 1928 Prayer Book Alliance Inc
Is 1928 Prayer Book Alliance Inc a legitimate charity?
1928 Prayer Book Alliance Inc (EIN: 10629229) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $130K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does 1928 Prayer Book Alliance Inc spend its money?
1928 Prayer Book Alliance Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to 1928 Prayer Book Alliance Inc tax-deductible?
1928 Prayer Book Alliance Inc is registered as a tax-exempt nonprofit (EIN: 10629229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 1928 Prayer Book Alliance Inc's spending goes to programs?
1928 Prayer Book Alliance Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 1928 Prayer Book Alliance Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), 1928 Prayer Book Alliance Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 1928 Prayer Book Alliance Inc located?
1928 Prayer Book Alliance Inc is headquartered in Wells, Maine and files with the IRS under EIN 10629229. It is classified under NTEE code X21.
How many years of IRS 990 filings does 1928 Prayer Book Alliance Inc have?
1928 Prayer Book Alliance Inc has 10 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 $130K in total revenue.
Is 1928 Prayer Book Alliance Inc. a good charity?
Based on the available data, the organization appears to be a fiscally responsible, volunteer-led charity with no debt. Its consistent operation and lack of officer compensation are positive. However, it frequently runs small deficits, which could impact long-term stability if not addressed.
How does the organization manage its expenses relative to its revenue?
The organization frequently spends slightly more than it brings in, with expenses exceeding revenue in 7 out of 10 reported years. For example, in 2019, expenses were $129,859 against revenues of $129,244. This indicates a tight operational margin.
What is the financial stability of the 1928 Prayer Book Alliance Inc.?
The organization has minimal financial reserves, with assets of $13,704 in the latest period and no liabilities. While this indicates no debt burden, it also means there's little buffer for unexpected expenses or downturns in revenue.
Filing History
IRS 990 filing history for 1928 Prayer Book Alliance Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), 1928 Prayer Book Alliance Inc's revenue has grown by 8.5%, moving from $119K to $129K. Total assets decreased by 75.7% over the same period, from $56K to $14K. Total functional expenses fell by 4.4%, from $136K to $130K. In its most recent filing year (2019), 1928 Prayer Book Alliance Inc reported a deficit of $615, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $129K | $130K | $14K | $0 | — | View 990 |
| 2018 | $121K | $121K | $14K | $0 | — | View 990 |
| 2017 | $123K | $123K | $14K | $0 | — | View 990 |
| 2016 | $122K | $121K | $14K | $0 | — | View 990 |
| 2015 | $117K | $138K | $14K | $0 | — | View 990 |
| 2014 | $124K | $134K | $34K | $0 | — | View 990 |
| 2013 | $118K | $148K | $44K | $0 | — | View 990 |
| 2012 | $130K | $125K | $74K | $0 | — | View 990 |
| 2011 | $118K | $106K | $69K | $0 | — | View 990 |
| 2010 | $119K | $136K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $129K, expenses of $130K, and assets of $14K (revenue +6.4% year-over-year).
- 2018: Revenue of $121K, expenses of $121K, and assets of $14K (revenue -1.1% year-over-year).
- 2017: Revenue of $123K, expenses of $123K, and assets of $14K (revenue +0.6% year-over-year).
- 2016: Revenue of $122K, expenses of $121K, and assets of $14K (revenue +4.2% year-over-year).
- 2015: Revenue of $117K, expenses of $138K, and assets of $14K (revenue -5.7% year-over-year).
- 2014: Revenue of $124K, expenses of $134K, and assets of $34K (revenue +4.9% year-over-year).
- 2013: Revenue of $118K, expenses of $148K, and assets of $44K (revenue -8.9% year-over-year).
- 2012: Revenue of $130K, expenses of $125K, and assets of $74K (revenue +10.0% year-over-year).
- 2011: Revenue of $118K, expenses of $106K, and assets of $69K (revenue -0.8% year-over-year).
- 2010: Revenue of $119K, expenses of $136K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1928 Prayer Book Alliance Inc:
Data Sources and Methodology
This transparency report for 1928 Prayer Book Alliance Inc 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.