Apex Youth Connection

Apex Youth Connection faces recent operating deficits despite strong asset base and zero officer compensation.

EIN: 203684834 · Biddeford, ME · NTEE: O50 · Updated: 2026-03-28

$242KRevenue
$241KGross Revenue
$907KAssets
85/100Mission Score (Excellent)
O50
Apex Youth Connection Financial Summary
MetricValue
Total Revenue$242K
Total Expenses$415K
Program Spending85%
Net Assets$970K
Transparency Score85/100

Is Apex Youth Connection Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Apex Youth Connection directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Apex Youth Connection

Apex Youth Connection (EIN: 203684834) is a nonprofit organization based in Biddeford, ME, classified under NTEE code O50. The organization reported total revenue of $242K and total assets of $907K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apex Youth Connection's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Apex Youth Connection is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$345K
Total Expenses$415K
Surplus / Deficit$-70,027
Total Assets$1.0M
Total Liabilities$56K
Net Assets$970K
Operating Margin-20.3%
Debt-to-Asset Ratio5.5%
Months of Reserves29.7 months

Financial Health Grade: B

In 2023, Apex Youth Connection reported a deficit of $70K with expenses exceeding revenue, holds 29.7 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Apex Youth Connection's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-20.2%-11.0%-6.5%
2022-24.0%+3.9%-2.3%
2021+21.3%+12.9%+5.3%
2020+66.7%+17.5%+15.1%
2019-25.1%+16.5%-3.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Apex Youth Connection demonstrates a generally stable financial position with assets consistently over $900,000 in recent years, reaching a peak of $1,123,636 in 2021. However, the organization has experienced a decline in revenue from $568,546 in 2021 to $344,869 in 2023, coupled with expenses exceeding revenue in the last two reported periods ($414,896 expenses vs. $344,869 revenue in 2023; $466,027 expenses vs. $432,017 revenue in 2022). This trend of operating deficits warrants attention, as it could impact long-term sustainability if not reversed. The organization's liabilities have remained relatively low, indicating good financial management in that area. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards programs rather than executive salaries, which is a positive indicator of spending efficiency. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation implies a lean operational structure. The organization's transparency is high given the consistent filing history and clear reporting of key financial metrics. Overall, Apex Youth Connection appears to be a well-managed organization with a strong asset base and a commendable approach to executive compensation. The primary concern is the recent trend of declining revenue and operating at a deficit, which could challenge its ability to sustain its programs at current levels without new funding strategies. Monitoring future financial reports will be crucial to assess if this trend is temporary or indicative of a more significant challenge.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Apex Youth Connection 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, Apex Youth Connection 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:

$345KTotal Revenue
$415KTotal Expenses
$1.0MTotal Assets
$56KTotal Liabilities
$970KNet Assets
  • The organization reported a deficit of $70K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 5.5%.

Executive Compensation Analysis

Apex Youth Connection reports 0% officer compensation across all 13 available filings, indicating that no portion of its expenses is allocated to executive salaries. This is highly commendable and suggests a strong dedication to maximizing resources for 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.

Red Flags

The following concerns were identified during AI analysis of Apex Youth Connection's IRS 990 filings:

  • Expenses exceeded revenue in the last two reported periods (2022 and 2023), indicating operating deficits.
  • Declining revenue trend from $568,546 in 2021 to $344,869 in 2023.

Strengths

The following positive indicators were identified for Apex Youth Connection:

  • Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive spending.
  • Strong and stable asset base, consistently over $900,000 in recent years, providing financial resilience.
  • Low liabilities relative to assets, suggesting good financial management of debt.
  • Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.

Frequently Asked Questions about Apex Youth Connection

Is Apex Youth Connection a legitimate charity?

Apex Youth Connection (EIN: 203684834) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $242K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Apex Youth Connection spend its money?

Apex Youth Connection directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Apex Youth Connection tax-deductible?

Apex Youth Connection is registered as a tax-exempt nonprofit (EIN: 203684834). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Apex Youth Connection's spending goes to programs?

Apex Youth Connection directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Apex Youth Connection compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Apex Youth Connection is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Apex Youth Connection located?

Apex Youth Connection is headquartered in Biddeford, Maine and files with the IRS under EIN 203684834. It is classified under NTEE code O50.

How many years of IRS 990 filings does Apex Youth Connection have?

Apex Youth Connection 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 $242K in total revenue.

Is Apex Youth Connection a good charity?

Based on the provided data, Apex Youth Connection exhibits several characteristics of a good charity, including a strong asset base (over $900,000 in recent years), consistent financial reporting, and notably, 0% officer compensation, indicating high efficiency in executive spending. However, recent operating deficits (expenses exceeding revenue in 2022 and 2023) are a concern that warrants further investigation into their sustainability plans.

What is the trend in Apex Youth Connection's revenue?

Apex Youth Connection's revenue has shown volatility, peaking at $568,546 in 2021 but declining to $344,869 in 2023. This recent downward trend in revenue, coupled with increasing expenses, is a key financial challenge.

How does Apex Youth Connection manage its liabilities?

Apex Youth Connection generally manages its liabilities well, with liabilities remaining relatively low compared to its assets. For example, in 2023, liabilities were $56,471 against assets of $1,026,172, indicating a healthy balance sheet in this regard.

Filing History

IRS 990 filing history for Apex Youth Connection showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Apex Youth Connection's revenue has grown by 69.2%, moving from $204K to $345K. Total assets increased by 413.6% over the same period, from $200K to $1.0M. Total functional expenses rose by 187.8%, from $144K to $415K. In its most recent filing year (2023), Apex Youth Connection reported a deficit of $70K, with expenses exceeding revenue. The organization holds $56K in liabilities against $1.0M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $970K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $345K $415K $1.0M $56K
2022 $432K $466K $1.1M $73K
2021 $569K $448K $1.1M $27K View 990
2020 $469K $397K $1.1M $159K View 990
2019 $281K $338K $928K $91K View 990
2018 $375K $290K $957K $64K View 990
2017 $250K $208K $876K $67K View 990
2016 $265K $218K $782K $16K View 990
2015 $208K $221K $757K $38K View 990
2014 $460K $207K $743K $11K View 990
2013 $418K $169K $461K $34K View 990
2012 $170K $161K $186K $8K View 990
2011 $204K $144K $200K $31K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $345K, expenses of $415K, and assets of $1.0M (revenue -20.2% year-over-year).
  • 2022: Revenue of $432K, expenses of $466K, and assets of $1.1M (revenue -24.0% year-over-year).
  • 2021: Revenue of $569K, expenses of $448K, and assets of $1.1M (revenue +21.3% year-over-year).
  • 2020: Revenue of $469K, expenses of $397K, and assets of $1.1M (revenue +66.7% year-over-year).
  • 2019: Revenue of $281K, expenses of $338K, and assets of $928K (revenue -25.1% year-over-year).
  • 2018: Revenue of $375K, expenses of $290K, and assets of $957K (revenue +50.0% year-over-year).
  • 2017: Revenue of $250K, expenses of $208K, and assets of $876K (revenue -5.7% year-over-year).
  • 2016: Revenue of $265K, expenses of $218K, and assets of $782K (revenue +27.3% year-over-year).
  • 2015: Revenue of $208K, expenses of $221K, and assets of $757K (revenue -54.7% year-over-year).
  • 2014: Revenue of $460K, expenses of $207K, and assets of $743K (revenue +10.2% year-over-year).
  • 2013: Revenue of $418K, expenses of $169K, and assets of $461K (revenue +145.2% year-over-year).
  • 2012: Revenue of $170K, expenses of $161K, and assets of $186K (revenue -16.5% year-over-year).
  • 2011: Revenue of $204K, expenses of $144K, and assets of $200K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Apex Youth Connection:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Apex Youth Connection 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.

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