American String Teachers Association Incorporated
American String Teachers Association maintains stable finances with no executive compensation.
EIN: 10338688 · Saco, ME · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $89K |
| Program Spending | 85% |
| Net Assets | $38K |
| Transparency Score | 85/100 |
Is American String Teachers Association Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American String Teachers Association Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American String Teachers Association Incorporated
American String Teachers Association Incorporated (EIN: 10338688) is a nonprofit organization based in Saco, ME, classified under NTEE code B60. The organization reported total revenue of $104K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American String Teachers Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American String Teachers Association Incorporated is a small nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $89K |
| Surplus / Deficit | +$4K |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | 4.0% |
| Months of Reserves | 5.1 months |
Financial Health Grade: A
In 2023, American String Teachers Association Incorporated reported a surplus of $4K with revenue exceeding expenses, holds 5.1 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2010–2023), American String Teachers Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.4% | +41.0% | +15.7% |
| 2019 | -11.3% | -8.1% | +2.1% |
| 2018 | -6.0% | -5.4% | +11.3% |
| 2017 | +0.5% | -14.7% | +76.2% |
| 2016 | +2.2% | +15.2% | -35.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 American String Teachers Association Incorporated with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, American String Teachers Association Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $4K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This suggests a volunteer-led or very lean leadership structure, directing all available funds towards its mission.
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 American String Teachers Association Incorporated:
- Consistent asset growth, from $9,000 in 2010 to $37,989 in 2023.
- Zero reported liabilities across all filings, indicating strong financial management.
- No reported officer compensation, suggesting high efficiency and mission focus.
- Revenue growth from $43,200 in 2010 to $92,381 in 2023, demonstrating increasing support.
- Expenses generally track closely with revenue, indicating a lean and efficient operation.
Frequently Asked Questions about American String Teachers Association Incorporated
Is American String Teachers Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, American String Teachers Association Incorporated (EIN: 10338688) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does American String Teachers Association Incorporated spend its money?
American String Teachers Association Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American String Teachers Association Incorporated tax-deductible?
American String Teachers Association Incorporated is registered as a tax-exempt nonprofit (EIN: 10338688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American String Teachers Association Incorporated's spending goes to programs?
American String Teachers Association Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American String Teachers Association Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), American String Teachers Association Incorporated 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 American String Teachers Association Incorporated located?
American String Teachers Association Incorporated is headquartered in Saco, Maine and files with the IRS under EIN 10338688. It is classified under NTEE code B60.
How many years of IRS 990 filings does American String Teachers Association Incorporated have?
American String Teachers Association Incorporated 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 $104K in total revenue.
Is American String Teachers Association Incorporated a good charity?
Based on the provided financial data, the American String Teachers Association Incorporated appears to be a well-managed and financially responsible organization. It consistently reports zero liabilities, has shown steady asset growth, and, notably, pays no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth and stability. Revenue has increased from $43,200 in 2010 to $92,381 in 2023, and assets have grown from $9,000 to $37,989 over the same period. Liabilities have consistently remained at $0, indicating strong financial health and prudent management.
What is the organization's approach to executive compensation?
The American String Teachers Association Incorporated reports 0% officer compensation in all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, ensuring funds are directed to programs.
Filing History
IRS 990 filing history for American String Teachers Association Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2023), American String Teachers Association Incorporated's revenue has grown by 113.8%, moving from $43K to $92K. Total assets increased by 322.1% over the same period, from $9K to $38K. Total functional expenses rose by 146.3%, from $36K to $89K. In its most recent filing year (2023), American String Teachers Association Incorporated reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $89K | $38K | $0 | — | — |
| 2019 | $64K | $63K | $33K | $0 | — | View 990 |
| 2018 | $72K | $68K | $32K | $0 | — | View 990 |
| 2017 | $76K | $72K | $29K | $0 | — | View 990 |
| 2016 | $76K | $85K | $16K | $0 | — | View 990 |
| 2015 | $74K | $74K | $25K | $0 | — | View 990 |
| 2014 | $93K | $95K | $25K | $0 | — | View 990 |
| 2013 | $69K | $63K | $26K | $0 | — | View 990 |
| 2011 | $57K | $62K | $12K | $0 | — | View 990 |
| 2010 | $43K | $36K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $89K, and assets of $38K (revenue +45.4% year-over-year).
- 2019: Revenue of $64K, expenses of $63K, and assets of $33K (revenue -11.3% year-over-year).
- 2018: Revenue of $72K, expenses of $68K, and assets of $32K (revenue -6.0% year-over-year).
- 2017: Revenue of $76K, expenses of $72K, and assets of $29K (revenue +0.5% year-over-year).
- 2016: Revenue of $76K, expenses of $85K, and assets of $16K (revenue +2.2% year-over-year).
- 2015: Revenue of $74K, expenses of $74K, and assets of $25K (revenue -20.5% year-over-year).
- 2014: Revenue of $93K, expenses of $95K, and assets of $25K (revenue +35.5% year-over-year).
- 2013: Revenue of $69K, expenses of $63K, and assets of $26K (revenue +21.8% year-over-year).
- 2011: Revenue of $57K, expenses of $62K, and assets of $12K (revenue +30.8% year-over-year).
- 2010: Revenue of $43K, expenses of $36K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American String Teachers Association Incorporated:
Data Sources and Methodology
This transparency report for American String Teachers Association Incorporated 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.