Aroostook County Action Program Inc
Aroostook County Action Program Inc shows consistent revenue growth and no reported officer compensation across all filings.
EIN: 10315849 · Presque Isle, ME · NTEE: I720 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.2M |
| Total Expenses | $20.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $9.6M |
| Transparency Score | 92/100 |
Is Aroostook County Action Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aroostook County Action Program Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aroostook County Action Program Inc
Aroostook County Action Program Inc (EIN: 10315849) is a nonprofit organization based in Presque Isle, ME, classified under NTEE code I720. The organization reported total revenue of $20.2M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aroostook County Action Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aroostook County Action Program Inc is a large nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.4M |
| Total Expenses | $20.3M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $12.5M |
| Total Liabilities | $2.9M |
| Net Assets | $9.6M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 23.2% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Aroostook County Action Program Inc reported a surplus of $2.0M with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 23.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aroostook County Action Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.2% | -36.7% | +14.0% |
| 2022 | +25.4% | +14.0% | +8.4% |
| 2021 | +77.2% | +79.6% | +60.5% |
| 2020 | +16.5% | +21.0% | -5.7% |
| 2019 | +21.8% | +16.5% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Aroostook County Action Program Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Aroostook County Action Program Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.2%.
Executive Compensation Analysis
Aroostook County Action Program Inc consistently reports 0% officer compensation across all 13 available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the 990, which is highly unusual for an organization with over $20 million in annual revenue.
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 Aroostook County Action Program Inc's IRS 990 filings:
- Unusually high revenue fluctuation between 2022 ($35M) and 2023 ($22M) without clear explanation in summary data.
- Consistent 0% officer compensation reported across all filings for an organization of this size, which warrants further scrutiny to understand how leadership is compensated.
Strengths
The following positive indicators were identified for Aroostook County Action Program Inc:
- Consistent revenue growth over the past decade, from $8.7M in 2014 to $22.3M in 2023 (excluding 2022 peak).
- Strong asset growth, from $5.2M in 2014 to $12.5M in 2023, indicating increasing capacity.
- Expenses consistently align closely with revenue, suggesting efficient use of funds.
- No reported officer compensation across all filings, indicating a strong commitment to directing funds to programs or a unique compensation structure.
Frequently Asked Questions about Aroostook County Action Program Inc
Is Aroostook County Action Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aroostook County Action Program Inc (EIN: 10315849) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Aroostook County Action Program Inc spend its money?
Aroostook County Action Program Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aroostook County Action Program Inc tax-deductible?
Aroostook County Action Program Inc is registered as a tax-exempt nonprofit (EIN: 10315849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aroostook County Action Program Inc CEO make?
Aroostook County Action Program Inc's highest-compensated officer earns $20 annually. The organization reported $20.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aroostook County Action Program Inc's spending goes to programs?
Aroostook County Action Program Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aroostook County Action Program Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Aroostook County Action Program Inc is above average for NTEE category I720 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aroostook County Action Program Inc located?
Aroostook County Action Program Inc is headquartered in Presque Isle, Maine and files with the IRS under EIN 10315849. It is classified under NTEE code I720.
How many years of IRS 990 filings does Aroostook County Action Program Inc have?
Aroostook County Action Program Inc 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 $20.2M in total revenue.
How does Aroostook County Action Program Inc fund its executive compensation if 0% is reported?
The IRS 990 filings consistently show 0% officer compensation. This could mean executives are volunteers, compensated through a related entity, or their compensation is categorized differently within the expense structure, requiring further investigation beyond the summary data.
What caused the significant revenue increase in 2022 to $35,058,107 and subsequent decrease in 2023 to $22,356,636?
The substantial fluctuation in revenue between 2022 and 2023 suggests a potential reliance on specific grants or contracts that may not be recurring, or a response to particular funding opportunities, such as pandemic-related aid. Understanding the nature of these funding sources would provide insight into the organization's long-term financial stability.
What is the organization's primary source of revenue given its NTEE code I720 (Community Development Corporations)?
Given the NTEE code I720, ACAP likely receives significant funding from government grants, contracts for community services, and potentially private foundations supporting community development and social services. The specific breakdown of revenue sources would be detailed in the full 990 forms.
Filing History
IRS 990 filing history for Aroostook County Action Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aroostook County Action Program Inc's revenue has grown by 47%, moving from $15.2M to $22.4M. Total assets increased by 140% over the same period, from $5.2M to $12.5M. Total functional expenses rose by 35.3%, from $15.0M to $20.3M. In its most recent filing year (2023), Aroostook County Action Program Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $2.9M in liabilities against $12.5M in assets (debt-to-asset ratio: 23.2%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.4M | $20.3M | $12.5M | $2.9M | — | View 990 |
| 2022 | $35.1M | $32.1M | $11.0M | $3.5M | — | View 990 |
| 2021 | $28.0M | $28.2M | $10.1M | $5.3M | — | — |
| 2020 | $15.8M | $15.7M | $6.3M | $1.3M | — | — |
| 2019 | $13.5M | $13.0M | $6.7M | $1.8M | — | View 990 |
| 2018 | $11.1M | $11.1M | $6.0M | $1.7M | — | View 990 |
| 2017 | $11.4M | $11.4M | $5.8M | $1.5M | — | View 990 |
| 2016 | $11.0M | $11.2M | $5.4M | $1.1M | — | View 990 |
| 2015 | $9.4M | $9.3M | $5.6M | $1.2M | — | View 990 |
| 2014 | $8.8M | $8.6M | $5.2M | $920K | — | View 990 |
| 2013 | $8.4M | $8.6M | $4.9M | $825K | — | View 990 |
| 2012 | $14.3M | $14.2M | $5.3M | $1.0M | — | View 990 |
| 2011 | $15.2M | $15.0M | $5.2M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.4M, expenses of $20.3M, and assets of $12.5M (revenue -36.2% year-over-year).
- 2022: Revenue of $35.1M, expenses of $32.1M, and assets of $11.0M (revenue +25.4% year-over-year).
- 2021: Revenue of $28.0M, expenses of $28.2M, and assets of $10.1M (revenue +77.2% year-over-year).
- 2020: Revenue of $15.8M, expenses of $15.7M, and assets of $6.3M (revenue +16.5% year-over-year).
- 2019: Revenue of $13.5M, expenses of $13.0M, and assets of $6.7M (revenue +21.8% year-over-year).
- 2018: Revenue of $11.1M, expenses of $11.1M, and assets of $6.0M (revenue -2.5% year-over-year).
- 2017: Revenue of $11.4M, expenses of $11.4M, and assets of $5.8M (revenue +3.5% year-over-year).
- 2016: Revenue of $11.0M, expenses of $11.2M, and assets of $5.4M (revenue +17.4% year-over-year).
- 2015: Revenue of $9.4M, expenses of $9.3M, and assets of $5.6M (revenue +7.0% year-over-year).
- 2014: Revenue of $8.8M, expenses of $8.6M, and assets of $5.2M (revenue +4.8% year-over-year).
- 2013: Revenue of $8.4M, expenses of $8.6M, and assets of $4.9M (revenue -41.5% year-over-year).
- 2012: Revenue of $14.3M, expenses of $14.2M, and assets of $5.3M (revenue -5.6% year-over-year).
- 2011: Revenue of $15.2M, expenses of $15.0M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aroostook County Action Program Inc:
Data Sources and Methodology
This transparency report for Aroostook County Action Program 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.