Alba Maine Foundation
EIN: 816319909 · Woolwich, ME · NTEE: W01
| Metric | Value |
|---|---|
| Total Revenue | $37 |
| Total Expenses | $614 |
| Net Assets | $5K |
Is Alba Maine Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alba Maine Foundation
Alba Maine Foundation (EIN: 816319909) is a nonprofit organization based in Woolwich, ME, classified under NTEE code W01. The organization reported total revenue of $37 and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alba Maine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alba Maine Foundation is a micro nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -79.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $66 |
| Total Expenses | $614 |
| Surplus / Deficit | $-548 |
| Total Assets | $7K |
| Total Liabilities | $2K |
| Net Assets | $5K |
| Operating Margin | -830.3% |
| Debt-to-Asset Ratio | 24.6% |
| Months of Reserves | 137.0 months |
Financial Health Grade: B
In 2020, Alba Maine Foundation reported a deficit of $548 with expenses exceeding revenue, holds 137.0 months of operating reserves (strong position), has a debt-to-asset ratio of 24.6% (moderate leverage).
Financial Trends
Over 2 years of filings (2019–2020), Alba Maine Foundation's revenue has declined at a compound annual growth rate (CAGR) of -79.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -79.6% | -89.0% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alba Maine Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alba Maine Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $548, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.6%.
Frequently Asked Questions about Alba Maine Foundation
Is Alba Maine Foundation a legitimate charity?
Alba Maine Foundation (EIN: 816319909) is a registered tax-exempt nonprofit based in Maine. It has 2 years of IRS 990 filings on record. Total revenue: $37. No red flags identified. Financial health grade: B.
How does Alba Maine Foundation spend its money?
Alba Maine Foundation reported $37 in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alba Maine Foundation tax-deductible?
Alba Maine Foundation is registered as a tax-exempt nonprofit (EIN: 816319909). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alba Maine Foundation located?
Alba Maine Foundation is headquartered in Woolwich, Maine and files with the IRS under EIN 816319909. It is classified under NTEE code W01.
How many years of IRS 990 filings does Alba Maine Foundation have?
Alba Maine Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $37 in total revenue.
Filing History
IRS 990 filing history for Alba Maine Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Alba Maine Foundation's revenue has declined by 79.6%, moving from $324 to $66. Total assets increased by 0.6% over the same period, from $7K to $7K. Total functional expenses fell by 89%, from $6K to $614. In its most recent filing year (2020), Alba Maine Foundation reported a deficit of $548, with expenses exceeding revenue. The organization holds $2K in liabilities against $7K in assets (debt-to-asset ratio: 24.6%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $66 | $614 | $7K | $2K | — | — |
| 2019 | $324 | $6K | $7K | $1K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alba Maine Foundation:
Data Sources and Methodology
This transparency report for Alba Maine 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.