Anson Academy Association
Anson Academy Association maintains stable asset growth with modest operations and no executive compensation.
EIN: 16048483 · Embden, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $32K |
| Program Spending | 85% |
| Net Assets | $740K |
| Transparency Score | 80/100 |
Is Anson Academy Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anson Academy Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anson Academy Association
Anson Academy Association (EIN: 16048483) is a nonprofit organization based in Embden, ME. The organization reported total revenue of $138K and total assets of $785K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anson Academy Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anson Academy Association is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $32K |
| Surplus / Deficit | $-10,736 |
| Total Assets | $740K |
| Net Assets | $740K |
| Operating Margin | -50.7% |
| Months of Reserves | 278.3 months |
Financial Health Grade: B
In 2023, Anson Academy Association reported a deficit of $11K with expenses exceeding revenue, holds 278.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Anson Academy Association's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.6% | -8.9% | +3.3% |
| 2022 | -52.2% | +151.8% | -15.3% |
| 2021 | +58.2% | -34.3% | +75.0% |
| 2020 | -57.7% | +11.8% | +3.2% |
| 2019 | +206.6% | -14.1% | +16.5% |
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 Anson Academy Association with a Mission Score of 80 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, Anson Academy Association 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 deficit of $11K, with expenses exceeding revenue.
Executive Compensation Analysis
Anson Academy Association reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one with no paid executives, which is highly efficient for a nonprofit 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.
Red Flags
The following concerns were identified during AI analysis of Anson Academy Association's IRS 990 filings:
- Expenses exceeded revenue in the latest filing period (2023), indicating a short-term operating deficit ($31,895 expenses vs. $21,159 revenue).
Strengths
The following positive indicators were identified for Anson Academy Association:
- Consistent asset growth over the past decade, from $360,990 in 2014 to $739,754 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
- No reported liabilities in any filing period, demonstrating strong financial management and stability.
- Long history of IRS 990 filings (13 filings), indicating good transparency and compliance.
Frequently Asked Questions about Anson Academy Association
Is Anson Academy Association a legitimate charity?
Anson Academy Association (EIN: 16048483) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $138K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Anson Academy Association spend its money?
Anson Academy Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Anson Academy Association tax-deductible?
Anson Academy Association is registered as a tax-exempt nonprofit (EIN: 16048483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Anson Academy Association's spending goes to programs?
Anson Academy Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Anson Academy Association located?
Anson Academy Association is headquartered in Embden, Maine and files with the IRS under EIN 16048483.
How many years of IRS 990 filings does Anson Academy Association have?
Anson Academy Association 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 $138K in total revenue.
Is Anson Academy Association financially stable?
Yes, Anson Academy Association appears financially stable, consistently reporting no liabilities and growing its assets from $360,990 in 2014 to $739,754 in 2023. While the 2023 period showed a deficit ($21,159 revenue vs. $31,895 expenses), this is not uncommon for small nonprofits and the overall asset growth suggests long-term stability.
How does Anson Academy Association manage its executive compensation?
Anson Academy Association reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for efficiency.
What is the trend in Anson Academy Association's assets?
Anson Academy Association has shown a strong upward trend in assets, increasing from $360,990 in 2014 to $739,754 in 2023, nearly doubling its asset base over the decade.
Does Anson Academy Association operate with a surplus or deficit?
Anson Academy Association's operating results vary; for example, in 2023, it operated at a deficit with expenses ($31,895) exceeding revenue ($21,159). However, in 2021, it had a significant surplus with revenue ($57,217) far exceeding expenses ($13,904). The overall asset growth suggests long-term financial health despite periodic deficits.
Filing History
IRS 990 filing history for Anson Academy Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Anson Academy Association's revenue has grown by 32.8%, moving from $16K to $21K. Total assets increased by 111.1% over the same period, from $350K to $740K. Total functional expenses rose by 156.6%, from $12K to $32K. In its most recent filing year (2023), Anson Academy Association reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $32K | $740K | $0 | — | — |
| 2022 | $27K | $35K | $716K | $0 | — | View 990 |
| 2021 | $57K | $14K | $846K | $0 | — | — |
| 2020 | $36K | $21K | $483K | $0 | — | — |
| 2019 | $85K | $19K | $468K | $0 | — | View 990 |
| 2018 | $28K | $22K | $402K | $0 | — | View 990 |
| 2017 | $41K | $24K | $396K | $0 | — | — |
| 2016 | $26K | $18K | $380K | $0 | — | View 990 |
| 2015 | $34K | $23K | $372K | $0 | — | View 990 |
| 2014 | $27K | $24K | $361K | $0 | — | View 990 |
| 2013 | $13K | $11K | $358K | $0 | — | View 990 |
| 2012 | $20K | $15K | $356K | $0 | — | View 990 |
| 2011 | $16K | $12K | $350K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $32K, and assets of $740K (revenue -22.6% year-over-year).
- 2022: Revenue of $27K, expenses of $35K, and assets of $716K (revenue -52.2% year-over-year).
- 2021: Revenue of $57K, expenses of $14K, and assets of $846K (revenue +58.2% year-over-year).
- 2020: Revenue of $36K, expenses of $21K, and assets of $483K (revenue -57.7% year-over-year).
- 2019: Revenue of $85K, expenses of $19K, and assets of $468K (revenue +206.6% year-over-year).
- 2018: Revenue of $28K, expenses of $22K, and assets of $402K (revenue -31.8% year-over-year).
- 2017: Revenue of $41K, expenses of $24K, and assets of $396K (revenue +59.2% year-over-year).
- 2016: Revenue of $26K, expenses of $18K, and assets of $380K (revenue -24.4% year-over-year).
- 2015: Revenue of $34K, expenses of $23K, and assets of $372K (revenue +26.2% year-over-year).
- 2014: Revenue of $27K, expenses of $24K, and assets of $361K (revenue +102.8% year-over-year).
- 2013: Revenue of $13K, expenses of $11K, and assets of $358K (revenue -35.1% year-over-year).
- 2012: Revenue of $20K, expenses of $15K, and assets of $356K (revenue +28.3% year-over-year).
- 2011: Revenue of $16K, expenses of $12K, and assets of $350K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anson Academy Association:
Data Sources and Methodology
This transparency report for Anson Academy Association 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.