Adirondack Live Steamers Inc
Adirondack Live Steamers Inc. maintains stable assets and zero liabilities with a volunteer-driven model.
EIN: 141659828 · Wilton, ME · NTEE: B99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32K |
| Total Expenses | $36K |
| Program Spending | 90% |
| Net Assets | $126K |
| Transparency Score | 95/100 |
Is Adirondack Live Steamers Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adirondack Live Steamers Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adirondack Live Steamers Inc
Adirondack Live Steamers Inc (EIN: 141659828) is a nonprofit organization based in Wilton, ME, classified under NTEE code B99Z. The organization reported total revenue of $32K and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adirondack Live Steamers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adirondack Live Steamers Inc is a micro nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $36K |
| Surplus / Deficit | +$4K |
| Total Assets | $126K |
| Net Assets | $126K |
| Operating Margin | 10.8% |
| Months of Reserves | 42.1 months |
Financial Health Grade: A
In 2022, Adirondack Live Steamers Inc reported a surplus of $4K with revenue exceeding expenses, holds 42.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Adirondack Live Steamers Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +34.0% | -5.0% | +3.6% |
| 2021 | +54.1% | +49.6% | -6.0% |
| 2020 | -21.8% | -15.9% | -4.3% |
| 2019 | +18.3% | +23.9% | -3.6% |
| 2018 | +9.2% | -16.8% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Adirondack Live Steamers Inc with a Mission Score of 95 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, Adirondack Live Steamers Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are allocated to executive salaries, which is highly efficient for an organization of its 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 Adirondack Live Steamers Inc:
- Zero liabilities reported across all filings, indicating no debt.
- 0% officer compensation, suggesting a volunteer-driven model and efficient use of funds.
- Consistent asset base (e.g., $126,427 in 2022) relative to annual revenue, providing financial stability.
- Regular IRS 990 filings over 12 periods, demonstrating transparency.
Frequently Asked Questions about Adirondack Live Steamers Inc
Is Adirondack Live Steamers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Adirondack Live Steamers Inc (EIN: 141659828) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Adirondack Live Steamers Inc spend its money?
Adirondack Live Steamers Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Adirondack Live Steamers Inc tax-deductible?
Adirondack Live Steamers Inc is registered as a tax-exempt nonprofit (EIN: 141659828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Adirondack Live Steamers Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Adirondack Live Steamers Inc is above average for NTEE category B99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adirondack Live Steamers Inc located?
Adirondack Live Steamers Inc is headquartered in Wilton, Maine and files with the IRS under EIN 141659828. It is classified under NTEE code B99Z.
How many years of IRS 990 filings does Adirondack Live Steamers Inc have?
Adirondack Live Steamers Inc 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 $32K in total revenue.
Is Adirondack Live Steamers Inc. a good charity?
Based on its financial data, Adirondack Live Steamers Inc. appears to be a very good charity. It operates with zero liabilities, a strong asset base, and no executive compensation, suggesting that nearly all funds are directed towards its mission and operational costs.
How does Adirondack Live Steamers Inc. manage its expenses?
The organization's expenses have generally been in line with or slightly above its revenue in some years (e.g., $37,935 expenses vs. $30,161 revenue in 2021), but its consistent asset base and zero liabilities suggest effective management and reliance on accumulated funds or non-cash contributions to cover shortfalls.
What is the financial trend of Adirondack Live Steamers Inc.?
Adirondack Live Steamers Inc. shows fluctuating revenue, but a remarkably stable asset base, consistently above $120,000, and zero liabilities over the past decade. This indicates financial resilience despite variations in annual income.
Filing History
IRS 990 filing history for Adirondack Live Steamers Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Adirondack Live Steamers Inc's revenue has grown by 110.6%, moving from $19K to $40K. Total assets decreased by 13.9% over the same period, from $147K to $126K. Total functional expenses rose by 53.7%, from $23K to $36K. In its most recent filing year (2022), Adirondack Live Steamers Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $40K | $36K | $126K | $0 | — | View 990 |
| 2021 | $30K | $38K | $122K | $0 | — | — |
| 2020 | $20K | $25K | $130K | $0 | — | — |
| 2019 | $25K | $30K | $136K | $0 | — | View 990 |
| 2018 | $21K | $24K | $141K | $0 | — | View 990 |
| 2017 | $19K | $29K | $144K | $0 | — | View 990 |
| 2016 | $43K | $26K | $154K | $0 | — | View 990 |
| 2015 | $20K | $21K | $137K | $0 | — | View 990 |
| 2014 | $18K | $23K | $138K | $0 | — | View 990 |
| 2013 | $22K | $24K | $142K | $0 | — | View 990 |
| 2012 | $16K | $18K | $145K | $0 | — | View 990 |
| 2011 | $19K | $23K | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $40K, expenses of $36K, and assets of $126K (revenue +34.0% year-over-year).
- 2021: Revenue of $30K, expenses of $38K, and assets of $122K (revenue +54.1% year-over-year).
- 2020: Revenue of $20K, expenses of $25K, and assets of $130K (revenue -21.8% year-over-year).
- 2019: Revenue of $25K, expenses of $30K, and assets of $136K (revenue +18.3% year-over-year).
- 2018: Revenue of $21K, expenses of $24K, and assets of $141K (revenue +9.2% year-over-year).
- 2017: Revenue of $19K, expenses of $29K, and assets of $144K (revenue -55.1% year-over-year).
- 2016: Revenue of $43K, expenses of $26K, and assets of $154K (revenue +113.3% year-over-year).
- 2015: Revenue of $20K, expenses of $21K, and assets of $137K (revenue +13.0% year-over-year).
- 2014: Revenue of $18K, expenses of $23K, and assets of $138K (revenue -19.2% year-over-year).
- 2013: Revenue of $22K, expenses of $24K, and assets of $142K (revenue +43.1% year-over-year).
- 2012: Revenue of $16K, expenses of $18K, and assets of $145K (revenue -19.2% year-over-year).
- 2011: Revenue of $19K, expenses of $23K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adirondack Live Steamers Inc:
Data Sources and Methodology
This transparency report for Adirondack Live Steamers 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.