Allies Inc
Allies Inc. appears defunct with $0 revenue and assets, historically operating at a deficit.
EIN: 10499934 · Bangor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $254K |
| Transparency Score | 30/100 |
Is Allies Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allies Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allies Inc
Allies Inc (EIN: 10499934) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allies Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allies Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -14.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-89,092 |
| Total Assets | $331K |
| Total Liabilities | $76K |
| Net Assets | $254K |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 23.1% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2015, Allies Inc reported a deficit of $89K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 23.1% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), Allies Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -17.4% | -15.8% | -25.5% |
| 2014 | -13.7% | -8.7% | -17.1% |
| 2013 | -10.0% | -14.0% | +7.2% |
| 2012 | -17.9% | -17.2% | -18.2% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Allies Inc with a Mission Score of 30 out of 100 (Poor). 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, Allies Inc 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.1%.
Executive Compensation Analysis
Executive compensation was consistently reported as 0% across all available filings (2011-2015), indicating that no officers received compensation from the organization during its operational period, which is a positive financial efficiency indicator.
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 Allies Inc's IRS 990 filings:
- Organization appears defunct with $0 revenue and assets.
- Consistent historical operating deficits (expenses exceeded revenue in all reported years).
- Declining revenue trend over its active years.
Strengths
The following positive indicators were identified for Allies Inc:
- Historically reported 0% officer compensation, indicating no executive pay.
Frequently Asked Questions about Allies Inc
Is Allies Inc a legitimate charity?
Allies Inc (EIN: 10499934) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 30/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Allies Inc spend its money?
Allies Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Allies Inc tax-deductible?
Allies Inc is registered as a tax-exempt nonprofit (EIN: 10499934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Allies Inc's spending goes to programs?
Allies Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Allies Inc located?
Allies Inc is headquartered in Bangor, Maine and files with the IRS under EIN 10499934.
How many years of IRS 990 filings does Allies Inc have?
Allies Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Allies Inc. still operating?
Based on the latest reported revenue and assets of $0, Allies Inc. appears to be defunct or no longer actively operating.
Did Allies Inc. manage its finances effectively when it was active?
Historically, Allies Inc. consistently spent more than it earned, with expenses exceeding revenue in all reported periods (2011-2015), indicating a pattern of financial instability.
What was the trend in Allies Inc.'s revenue?
Allies Inc.'s revenue showed a declining trend, from $2,166,305 in 2011 to $1,141,156 in 2015.
Filing History
IRS 990 filing history for Allies Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Allies Inc's revenue has declined by 47.3%, moving from $2.2M to $1.1M. Total assets decreased by 45.8% over the same period, from $610K to $331K. Total functional expenses fell by 45.3%, from $2.2M to $1.2M. In its most recent filing year (2015), Allies Inc reported a deficit of $89K, with expenses exceeding revenue. The organization holds $76K in liabilities against $331K in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $254K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $1.1M | $1.2M | $331K | $76K | — | View 990 |
| 2014 | $1.4M | $1.5M | $444K | $101K | — | View 990 |
| 2013 | $1.6M | $1.6M | $535K | $113K | — | View 990 |
| 2012 | $1.8M | $1.9M | $499K | $78K | — | View 990 |
| 2011 | $2.2M | $2.2M | $610K | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $331K (revenue -17.4% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $444K (revenue -13.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $535K (revenue -10.0% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.9M, and assets of $499K (revenue -17.9% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $610K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allies Inc:
Data Sources and Methodology
This transparency report for Allies 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.