Ams Title Company
Ams Title Company consistently reports revenue but zero expenses, raising significant financial transparency concerns.
EIN: 201972535 · Brunswick, ME · NTEE: Y99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $451K |
| Net Assets | $1.6M |
| Transparency Score | 10/100 |
Is Ams Title Company Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ams Title Company
Ams Title Company (EIN: 201972535) is a nonprofit organization based in Brunswick, ME, classified under NTEE code Y99. The organization reported total revenue of $451K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ams Title Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ams Title Company is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $0 |
| Surplus / Deficit | +$57K |
| Total Assets | $1.7M |
| Total Liabilities | $50K |
| Net Assets | $1.6M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 3.0% |
Financial Health Grade: A
In 2023, Ams Title Company reported a surplus of $57K with revenue exceeding expenses, has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ams Title Company's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +135.0% | — | -0.1% |
| 2022 | -67.5% | — | -2.1% |
| 2021 | +361.1% | — | -2.3% |
| 2020 | -77.0% | — | -0.9% |
| 2019 | +25.5% | — | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Ams Title Company with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Ams Title Company allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating no salaries or benefits are paid to officers, which is unusual for an organization with reported revenue and assets.
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 Ams Title Company's IRS 990 filings:
- Consistent reporting of $0 in expenses across all 13 filings (2014-2023), despite reporting revenue.
- NTEE Code Y99 ('Unknown') combined with unusual financial reporting.
- Inability to assess program spending or operational efficiency due to zero reported expenses.
Strengths
The following positive indicators were identified for Ams Title Company:
- Consistent reporting of 0% officer compensation.
Frequently Asked Questions about Ams Title Company
Is Ams Title Company a legitimate charity?
Ams Title Company (EIN: 201972535) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 10/100. It has 13 years of IRS 990 filings on record. Total revenue: $451K. 3 red flags identified. 1 strength noted. Financial health grade: A.
How does Ams Title Company spend its money?
Ams Title Company reported $451K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ams Title Company tax-deductible?
Ams Title Company is registered as a tax-exempt nonprofit (EIN: 201972535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ams Title Company compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), Ams Title Company is below average for NTEE category Y99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ams Title Company located?
Ams Title Company is headquartered in Brunswick, Maine and files with the IRS under EIN 201972535. It is classified under NTEE code Y99.
How many years of IRS 990 filings does Ams Title Company have?
Ams Title Company has 13 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 $451K in total revenue.
How does Ams Title Company operate without reporting any expenses?
The IRS 990 filings consistently show $0 in expenses, which is highly unusual for an organization with reported revenue and assets. This suggests either no operational activity, or a significant lack of transparency in financial reporting.
What is the actual mission or program activity of Ams Title Company?
Given the NTEE code Y99 (Unknown) and the absence of reported expenses, it is impossible to discern the organization's actual mission or program activities from the provided financial data.
Is Ams Title Company a good charity?
Based on the provided IRS 990 data, it is not possible to determine if Ams Title Company is a good charity due to the complete lack of reported expenses, which prevents any assessment of program spending, efficiency, or impact.
Filing History
IRS 990 filing history for Ams Title Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ams Title Company's revenue has declined by 37%, moving from $90K to $57K. Total assets decreased by 9.2% over the same period, from $1.8M to $1.7M. The organization holds $50K in liabilities against $1.7M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $0 | $1.7M | $50K | — | — |
| 2022 | $24K | $0 | $1.7M | $49K | — | — |
| 2021 | $75K | $0 | $1.7M | $49K | — | — |
| 2020 | $16K | $0 | $1.7M | $63K | — | — |
| 2019 | $70K | $0 | $1.8M | $46K | — | View 990 |
| 2018 | $56K | $0 | $1.8M | $44K | — | View 990 |
| 2017 | $48K | $0 | $1.8M | $40K | — | View 990 |
| 2016 | $34K | $0 | $1.8M | $41K | — | View 990 |
| 2015 | $11K | $0 | $1.8M | $42K | — | View 990 |
| 2014 | $27K | $0 | $1.8M | $39K | — | View 990 |
| 2013 | $47K | $0 | $1.8M | $43K | — | View 990 |
| 2012 | $77K | $0 | $1.9M | $39K | — | View 990 |
| 2011 | $90K | $0 | $1.8M | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $0, and assets of $1.7M (revenue +135.0% year-over-year).
- 2022: Revenue of $24K, expenses of $0, and assets of $1.7M (revenue -67.5% year-over-year).
- 2021: Revenue of $75K, expenses of $0, and assets of $1.7M (revenue +361.1% year-over-year).
- 2020: Revenue of $16K, expenses of $0, and assets of $1.7M (revenue -77.0% year-over-year).
- 2019: Revenue of $70K, expenses of $0, and assets of $1.8M (revenue +25.5% year-over-year).
- 2018: Revenue of $56K, expenses of $0, and assets of $1.8M (revenue +17.3% year-over-year).
- 2017: Revenue of $48K, expenses of $0, and assets of $1.8M (revenue +41.4% year-over-year).
- 2016: Revenue of $34K, expenses of $0, and assets of $1.8M (revenue +201.6% year-over-year).
- 2015: Revenue of $11K, expenses of $0, and assets of $1.8M (revenue -58.3% year-over-year).
- 2014: Revenue of $27K, expenses of $0, and assets of $1.8M (revenue -42.9% year-over-year).
- 2013: Revenue of $47K, expenses of $0, and assets of $1.8M (revenue -38.8% year-over-year).
- 2012: Revenue of $77K, expenses of $0, and assets of $1.9M (revenue -14.9% year-over-year).
- 2011: Revenue of $90K, expenses of $0, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ams Title Company:
Data Sources and Methodology
This transparency report for Ams Title Company 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.