Acadia Foundation
Acadia Foundation shows highly volatile revenue and asset trends, with recent significant operational deficits.
EIN: 208046397 · Ne Harbor, ME · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3 |
| Total Expenses | $900 |
| Program Spending | 80% |
| Net Assets | $1K |
| Transparency Score | 55/100 |
Is Acadia Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Acadia Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Acadia Foundation
Acadia Foundation (EIN: 208046397) is a nonprofit organization based in Ne Harbor, ME, classified under NTEE code T23. The organization reported total revenue of $3 and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acadia Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acadia Foundation is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -56.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $900 |
| Surplus / Deficit | $-899 |
| Total Assets | $1K |
| Total Liabilities | $1 |
| Net Assets | $1K |
| Operating Margin | -89900.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 17.1 months |
Financial Health Grade: B
In 2023, Acadia Foundation reported a deficit of $899 with expenses exceeding revenue, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Acadia Foundation's revenue has declined at a compound annual growth rate (CAGR) of -56.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -92.5% | -84.3% |
| 2022 | -6.5% | +1619.1% | -19.9% |
| 2021 | +970.0% | -41.5% | +4629.6% |
| 2020 | -85.6% | -83.3% | -47.7% |
| 2019 | -30.5% | -37.9% | -94.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Acadia Foundation with a Mission Score of 55 out of 100 (Fair). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Acadia Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $899, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, which is commendable for an organization of its size and indicates that all revenue is directed towards its mission and operational costs.
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 Acadia Foundation's IRS 990 filings:
- Highly inconsistent and volatile revenue streams, with a recent filing showing only $1 in revenue.
- Frequent operational deficits where expenses exceed revenue, as seen in 2023, 2022, 2020, 2019, 2015, 2014, 2013, and 2011.
- Significant decline in total assets over the past decade, from $12,915 in 2012 to $1,282 in 2023.
Strengths
The following positive indicators were identified for Acadia Foundation:
- Consistently reports 0% officer compensation, ensuring all funds are directed to operations and mission.
- Maintains very low liabilities, often $1 or $0, indicating good debt management.
Frequently Asked Questions about Acadia Foundation
Is Acadia Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Acadia Foundation (EIN: 208046397) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Acadia Foundation spend its money?
Acadia Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Acadia Foundation tax-deductible?
Acadia Foundation is registered as a tax-exempt nonprofit (EIN: 208046397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Acadia Foundation's spending goes to programs?
Acadia Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Acadia Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Acadia Foundation is near average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Acadia Foundation located?
Acadia Foundation is headquartered in Ne Harbor, Maine and files with the IRS under EIN 208046397. It is classified under NTEE code T23.
How many years of IRS 990 filings does Acadia Foundation have?
Acadia Foundation 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 $3 in total revenue.
Is Acadia Foundation financially stable?
Based on the erratic revenue and asset trends, particularly the $1 revenue against $900 expenses in the latest period, the organization's financial stability appears questionable. It has experienced significant deficits in multiple years.
How does Acadia Foundation manage its expenses?
While specific expense breakdowns are not provided, the organization frequently incurs expenses that exceed its revenue, as seen in 2023 ($900 expenses vs. $1 revenue) and 2022 ($12,034 expenses vs. $10,000 revenue), suggesting potential challenges in expense management relative to income.
What is the trend in Acadia Foundation's assets?
The organization's assets have declined significantly from a high of $12,915 in 2012 to $1,282 in 2023, indicating a shrinking financial base over the past decade.
Filing History
IRS 990 filing history for Acadia Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Acadia Foundation's revenue has declined by 100%, moving from $19K to $1. Total assets decreased by 89.3% over the same period, from $12K to $1K. Total functional expenses fell by 96.1%, from $23K to $900. In its most recent filing year (2023), Acadia Foundation reported a deficit of $899, with expenses exceeding revenue. The organization holds $1 in liabilities against $1K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $900 | $1K | $1 | — | — |
| 2022 | $10K | $12K | $8K | $1 | — | — |
| 2021 | $11K | $700 | $10K | $1 | — | View 990 |
| 2020 | $1K | $1K | $216 | $1 | — | — |
| 2019 | $7K | $7K | $413 | $1 | — | View 990 |
| 2015 | $10K | $12K | $8K | $1 | — | View 990 |
| 2014 | $5K | $7K | $9K | $1 | — | View 990 |
| 2013 | $10K | $12K | $11K | $0 | — | View 990 |
| 2012 | $10K | $9K | $13K | $0 | — | View 990 |
| 2011 | $19K | $23K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $900, and assets of $1K (revenue -100.0% year-over-year).
- 2022: Revenue of $10K, expenses of $12K, and assets of $8K (revenue -6.5% year-over-year).
- 2021: Revenue of $11K, expenses of $700, and assets of $10K (revenue +970.0% year-over-year).
- 2020: Revenue of $1K, expenses of $1K, and assets of $216 (revenue -85.6% year-over-year).
- 2019: Revenue of $7K, expenses of $7K, and assets of $413 (revenue -30.5% year-over-year).
- 2015: Revenue of $10K, expenses of $12K, and assets of $8K (revenue +99.9% year-over-year).
- 2014: Revenue of $5K, expenses of $7K, and assets of $9K (revenue -50.1% year-over-year).
- 2013: Revenue of $10K, expenses of $12K, and assets of $11K (revenue +0.2% year-over-year).
- 2012: Revenue of $10K, expenses of $9K, and assets of $13K (revenue -47.3% year-over-year).
- 2011: Revenue of $19K, expenses of $23K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acadia Foundation:
Data Sources and Methodology
This transparency report for Acadia Foundation 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.