Aroostook Title Company

Aroostook Title Company: Stable Assets, Inconsistent Revenue, and No Program Spending

EIN: 222508469 · Caribou, ME · Updated: 2026-04-04

$202KRevenue
$11KGross Revenue
$513KAssets
20/100Mission Score (Poor)
Aroostook Title Company Financial Summary
MetricValue
Total Revenue$202K
CEO/Top Officer Pay$0,
Net Assets$516K
Transparency Score20/100

Search Intent Cockpit

Aroostook Title Company Form 990, Revenue, CEO Pay, and IRS Filing Signals

Aroostook Title Company is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Aroostook Title Company in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $82K and expenses of $0.

Revenue and Expenses

Revenue, expense, and surplus data is shown where available from IRS 990 records.

Executive Compensation

Top officer compensation appears as $0, in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

20/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.

Is Aroostook Title Company Legit?

Significant Concerns

GoodFiling Consistency
UnknownSpending Efficiency
ModerateTransparency
3 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
PendingProgram Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.

Across stored filings, Aroostook Title Company shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Aroostook Title Company Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 3 red flags identified
Mission spendPendingUnknown
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and category context

Trust Check

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About Aroostook Title Company

Aroostook Title Company (EIN: 222508469) is a nonprofit organization based in Caribou, ME. The organization reported total revenue of $202K and total assets of $513K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aroostook Title Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

42Years Operating
SmallSize Classification
13Years of Filings
DecliningRevenue Trajectory

Aroostook Title Company is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023).

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$82K
Total Expenses$0
Surplus / Deficit+$82K
Total Assets$517K
Total Liabilities$1K
Net Assets$516K
Operating Margin100.0%
Debt-to-Asset Ratio0.2%

Financial Health Grade: A

In 2023, Aroostook Title Company reported a surplus of $82K with revenue exceeding expenses, has a debt-to-asset ratio of 0.2% (very low leverage).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2022-171.5%-2.4%
2020-226.9%-5.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1984

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

AI Transparency Report

Aroostook Title Company is a unknown nonprofit based in Caribou, Maine, with reported revenue of $202K and assets of $513K. Our AI analysis assigns a Mission Score of 20/100 (Poor). Executive compensation is consistently reported as $0, suggesting no paid executives or that compensation is handled outside of the reported financials.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Aroostook Title Company with a Mission Score of 20 out of 100 (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: 100%
  • programs: 0%
  • fundraising: 0%

According to IRS 990 filings, Aroostook Title Company allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$82KTotal Revenue
$517KTotal Assets
$1KTotal Liabilities
$516KNet Assets
  • Debt-to-asset ratio: 0.2%.

Executive Compensation Analysis

Executive compensation is consistently reported as $0, suggesting no paid executives or that compensation is handled outside of the reported financials.

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 Title Company's IRS 990 filings:

  • Zero program spending reported across all available years, raising questions about its nonprofit purpose.
  • Significant year-over-year revenue volatility, including losses of -$33,100 in 2017 and -$21,496 in 2020.
  • Lack of clear explanation for the 'nonprofit' status given the nature of a 'Title Company' and absence of program spending.

Strengths

The following positive indicators were identified for Aroostook Title Company:

  • Assets have remained relatively stable over the years, generally staying above $400,000.
  • Consistently reports $0 in executive compensation, which could indicate efficient management of overhead if the organization is truly volunteer-run.

Frequently Asked Questions about Aroostook Title Company

Is Aroostook Title Company a legitimate charity?

Aroostook Title Company (EIN: 222508469) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 20/100. It has 13 years of IRS 990 filings on record. Total revenue: $202K. 3 red flags identified. 2 strengths noted. Financial health grade: A.

How does Aroostook Title Company spend its money?

Aroostook Title Company reported $202K 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 Aroostook Title Company tax-deductible?

Aroostook Title Company is registered as a tax-exempt nonprofit (EIN: 222508469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Aroostook Title Company CEO make?

Aroostook Title Company's highest-compensated officer earns $0, annually. The organization reported $202K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Aroostook Title Company located?

Aroostook Title Company is headquartered in Caribou, Maine and files with the IRS under EIN 222508469.

How many years of IRS 990 filings does Aroostook Title Company have?

Aroostook 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 $202K in total revenue.

What does Aroostook Title Company do?

Aroostook Title Company is a nonprofit organization in the Unknown sector, located in Caribou, Maine. It is classified under NTEE code Unknown.

How much revenue does Aroostook Title Company have?

Aroostook Title Company reported total revenue of $201,810. Based on 13 IRS 990 filings on record.

What are Aroostook Title Company's total assets?

Aroostook Title Company holds total assets of $513,444 as reported in IRS 990 filings.

Where is Aroostook Title Company located?

Aroostook Title Company is based in Caribou, Maine.

What is Aroostook Title Company's EIN?

Aroostook Title Company's Employer Identification Number (EIN) is 222508469. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is Aroostook Title Company?

Aroostook Title Company is classified under NTEE code Unknown (Unknown).

Is Aroostook Title Company a registered 501(c)(3)?

Aroostook Title Company appears in IRS records (EIN: 222508469). Check the IRS Tax Exempt Organization Search for the most current determination letter status.

Does Aroostook Title Company file IRS Form 990?

Yes, Aroostook Title Company has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.

What was Aroostook Title Company's revenue in 2023?

In the 202309 filing period, Aroostook Title Company reported total revenue of $81,575, total expenses of N/A, and net assets of $517,247.

Is Aroostook Title Company's revenue growing or declining?

Aroostook Title Company's revenue is relatively stable. Revenue went from $-11,360 (202209) to $81,575 (202309), a 0.0% change. Based on 13 filings on record.

What is Aroostook Title Company's most recent 990 filing?

The most recent IRS Form 990 filing for Aroostook Title Company covers tax period 202309. It shows revenue of $81,575, expenses of N/A, total assets of $517,247, and liabilities of $1,225.

Is Aroostook Title Company a trustworthy charity?

Based on AI analysis of IRS 990 data, Aroostook Title Company has notable concerns. Mission Score: 20/100 (Poor). 3 red flags identified. 2 strengths noted.

What are the red flags for Aroostook Title Company?

The following concerns were identified: Zero program spending reported across all available years, raising questions about its nonprofit purpose.. Significant year-over-year revenue volatility, including losses of -$33,100 in 2017 and -$21,496 in 2020.. Lack of clear explanation for the 'nonprofit' status given the nature of a 'Title Company' and absence of program spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.

What are Aroostook Title Company's strengths?

Positive indicators for Aroostook Title Company include: Assets have remained relatively stable over the years, generally staying above $400,000.. Consistently reports $0 in executive compensation, which could indicate efficient management of overhead if the organization is truly volunteer-run.. These findings are derived from AI analysis of the organization's financial filings.

How does Aroostook Title Company compensate executives?

Executive compensation is consistently reported as $0, suggesting no paid executives or that compensation is handled outside of the reported financials. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

Given the name 'Aroostook Title Company' and consistent 0% program spending, what is the actual charitable activity or public benefit provided by this organization to justify its nonprofit status?

The provided data does not offer any information on charitable activities or public benefit. The consistent 0% program spending and the nature of a 'Title Company' suggest it may operate more like a business entity, despite its nonprofit designation.

How does Aroostook Title Company sustain its operations and maintain assets without reported program spending or significant fundraising expenses?

The organization sustains itself through its revenue, which, despite fluctuations, has allowed it to maintain assets. The absence of program spending and fundraising expenses means all revenue, after administrative costs, contributes to its asset base or covers operational overhead.

Filing History

IRS 990 filing history for Aroostook Title Company showing financial trends over 13 years of public records:

Total assets decreased by 38.3% over the same period, from $839K to $517K. The organization holds $1K in liabilities against $517K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $516K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $82K $0 $517K $1K View 990
2022 $-11,360 $0 $438K $4K View 990
2021 $16K $0 $449K $3K
2020 $-21,496 $0 $433K $3K
2019 $17K $0 $456K $5K View 990
2018 $-3,319 $0 $496K $62K View 990
2017 $-33,100 $23K $499K $61K
2016 $11K $20K $557K $63K View 990
2015 $9K $0 $561K $58K View 990
2014 $10K $10K $544K $50K View 990
2013 $-89,494 $0 $559K $65K
2012 $-39,659 $0 $791K $208K
2011 $-47,325 $0 $839K $215K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $82K, expenses of $0, and assets of $517K.
  • 2022: Revenue of $-11,360, expenses of $0, and assets of $438K (revenue -171.5% year-over-year).
  • 2021: Revenue of $16K, expenses of $0, and assets of $449K.
  • 2020: Revenue of $-21,496, expenses of $0, and assets of $433K (revenue -226.9% year-over-year).
  • 2019: Revenue of $17K, expenses of $0, and assets of $456K.
  • 2018: Revenue of $-3,319, expenses of $0, and assets of $496K.
  • 2017: Revenue of $-33,100, expenses of $23K, and assets of $499K (revenue -404.5% year-over-year).
  • 2016: Revenue of $11K, expenses of $20K, and assets of $557K (revenue +22.9% year-over-year).
  • 2015: Revenue of $9K, expenses of $0, and assets of $561K (revenue -10.2% year-over-year).
  • 2014: Revenue of $10K, expenses of $10K, and assets of $544K.
  • 2013: Revenue of $-89,494, expenses of $0, and assets of $559K.
  • 2012: Revenue of $-39,659, expenses of $0, and assets of $791K.
  • 2011: Revenue of $-47,325, expenses of $0, and assets of $839K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Aroostook Title Company:

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 Aroostook 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.

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