Acadia Senior College
Acadia Senior College shows consistent financial growth and zero executive compensation.
EIN: 201779462 · Hulls Cove, ME · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $83K |
| Program Spending | 90% |
| Net Assets | $388K |
| Transparency Score | 92/100 |
Is Acadia Senior College Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Acadia Senior College directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Acadia Senior College
Acadia Senior College (EIN: 201779462) is a nonprofit organization based in Hulls Cove, ME, classified under NTEE code B60. The organization reported total revenue of $137K and total assets of $466K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acadia Senior College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acadia Senior College is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $83K |
| Surplus / Deficit | +$26K |
| Total Assets | $391K |
| Total Liabilities | $3K |
| Net Assets | $388K |
| Operating Margin | 23.8% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 56.4 months |
Financial Health Grade: A
In 2023, Acadia Senior College reported a surplus of $26K with revenue exceeding expenses, holds 56.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Acadia Senior College's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.2% | +13.9% | +11.8% |
| 2022 | +13.2% | +10.8% | -6.2% |
| 2021 | -2.6% | -18.4% | +29.0% |
| 2020 | -13.7% | +3.6% | +0.9% |
| 2019 | -2.1% | +1.6% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Senior College with a Mission Score of 92 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Acadia Senior College allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of this size.
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.
Strengths
The following positive indicators were identified for Acadia Senior College:
- Consistent revenue growth, from $72,693 in 201506 to $109,125 in 202306.
- Strong asset growth, from $227,045 in 201506 to $391,067 in 202306.
- Zero officer compensation reported across all filing periods, indicating high efficiency.
- Low liabilities relative to assets, with $3,240 in liabilities against $391,067 in assets in 202306.
- Consistent surpluses in most recent years, contributing to financial stability.
Frequently Asked Questions about Acadia Senior College
Is Acadia Senior College a legitimate charity?
Based on AI analysis of IRS 990 filings, Acadia Senior College (EIN: 201779462) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Acadia Senior College spend its money?
Acadia Senior College directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Acadia Senior College tax-deductible?
Acadia Senior College is registered as a tax-exempt nonprofit (EIN: 201779462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Acadia Senior College compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Acadia Senior College is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Acadia Senior College located?
Acadia Senior College is headquartered in Hulls Cove, Maine and files with the IRS under EIN 201779462. It is classified under NTEE code B60.
How many years of IRS 990 filings does Acadia Senior College have?
Acadia Senior College 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 $137K in total revenue.
Is Acadia Senior College a good charity?
Based on the provided financial data, Acadia Senior College appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth and asset accumulation, very low liabilities, and notably, zero officer compensation, indicating high efficiency and a volunteer-driven model.
How has Acadia Senior College's financial health changed over time?
Acadia Senior College has shown consistent financial improvement. Its assets have grown from $227,045 in 201506 to $391,067 in 202306, and revenue has generally increased, reaching $109,125 in the latest period, indicating a stable and growing financial position.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting a completely volunteer-led executive team. This is a significant strength in terms of financial efficiency.
Filing History
IRS 990 filing history for Acadia Senior College showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Acadia Senior College's revenue has grown by 28.6%, moving from $85K to $109K. Total assets increased by 87.4% over the same period, from $209K to $391K. Total functional expenses rose by 16.8%, from $71K to $83K. In its most recent filing year (2023), Acadia Senior College reported a surplus of $26K, with revenue exceeding expenses. The organization holds $3K in liabilities against $391K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $388K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $83K | $391K | $3K | — | View 990 |
| 2022 | $83K | $73K | $350K | $6K | — | View 990 |
| 2021 | $73K | $66K | $373K | $7K | — | View 990 |
| 2020 | $75K | $81K | $289K | $9K | — | View 990 |
| 2019 | $87K | $78K | $287K | $6K | — | View 990 |
| 2018 | $89K | $77K | $272K | $10K | — | — |
| 2017 | $97K | $94K | $246K | $10K | — | View 990 |
| 2016 | $80K | $79K | $237K | $24K | — | View 990 |
| 2015 | $73K | $77K | $227K | $13K | — | View 990 |
| 2014 | $69K | $69K | $230K | $15K | — | View 990 |
| 2013 | $69K | $72K | $215K | $15K | — | View 990 |
| 2012 | $85K | $71K | $209K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $83K, and assets of $391K (revenue +32.2% year-over-year).
- 2022: Revenue of $83K, expenses of $73K, and assets of $350K (revenue +13.2% year-over-year).
- 2021: Revenue of $73K, expenses of $66K, and assets of $373K (revenue -2.6% year-over-year).
- 2020: Revenue of $75K, expenses of $81K, and assets of $289K (revenue -13.7% year-over-year).
- 2019: Revenue of $87K, expenses of $78K, and assets of $287K (revenue -2.1% year-over-year).
- 2018: Revenue of $89K, expenses of $77K, and assets of $272K (revenue -8.2% year-over-year).
- 2017: Revenue of $97K, expenses of $94K, and assets of $246K (revenue +21.4% year-over-year).
- 2016: Revenue of $80K, expenses of $79K, and assets of $237K (revenue +9.5% year-over-year).
- 2015: Revenue of $73K, expenses of $77K, and assets of $227K (revenue +4.9% year-over-year).
- 2014: Revenue of $69K, expenses of $69K, and assets of $230K (revenue +0.3% year-over-year).
- 2013: Revenue of $69K, expenses of $72K, and assets of $215K (revenue -18.6% year-over-year).
- 2012: Revenue of $85K, expenses of $71K, and assets of $209K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acadia Senior College:
Data Sources and Methodology
This transparency report for Acadia Senior College 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.