Association Culturelle Et Historique Du Mont Carmel
Small Maine Cultural Group Shows Consistent Asset Growth Despite Revenue Fluctuations
EIN: 222813830 · Lille, ME · NTEE: A80Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $70K |
| Program Spending | 70% |
| Net Assets | $288K |
| Transparency Score | 75/100 |
Is Association Culturelle Et Historique Du Mont Carmel Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Culturelle Et Historique Du Mont Carmel directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Association Culturelle Et Historique Du Mont Carmel
Association Culturelle Et Historique Du Mont Carmel (EIN: 222813830) is a nonprofit organization based in Lille, ME, classified under NTEE code A80Z. The organization reported total revenue of $31K and total assets of $283K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Culturelle Et Historique Du Mont Carmel's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Culturelle Et Historique Du Mont Carmel is a micro nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $70K |
| Surplus / Deficit | $-1,928 |
| Total Assets | $294K |
| Total Liabilities | $6K |
| Net Assets | $288K |
| Operating Margin | -2.8% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 50.4 months |
Financial Health Grade: B
In 2023, Association Culturelle Et Historique Du Mont Carmel reported a deficit of $2K with expenses exceeding revenue, holds 50.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Association Culturelle Et Historique Du Mont Carmel's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.5% | +57.1% | -6.1% |
| 2022 | -2.0% | -50.2% | +10.0% |
| 2021 | -36.3% | -18.3% | -11.7% |
| 2020 | +36.5% | +38.2% | +6.5% |
| 2019 | +7.6% | +11.0% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
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 Association Culturelle Et Historique Du Mont Carmel with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Association Culturelle Et Historique Du Mont Carmel allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation figures are reported in the provided financial data.
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 Association Culturelle Et Historique Du Mont Carmel's IRS 990 filings:
- Significant drop in revenue from $84,489 in 2022 to $68,018 in 2023, a 19.5% decrease.
- Lack of transparency regarding executive compensation, as 'c0%' is consistently reported for compensation across all years.
Strengths
The following positive indicators were identified for Association Culturelle Et Historique Du Mont Carmel:
- Consistent asset growth over the past seven years, indicating sound financial management and stability.
- Low liabilities relative to assets, with liabilities at $5,896 in 2023 against $293,905 in assets.
- Long operational history with consistent annual filings available since 2016.
Frequently Asked Questions about Association Culturelle Et Historique Du Mont Carmel
Is Association Culturelle Et Historique Du Mont Carmel a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Culturelle Et Historique Du Mont Carmel (EIN: 222813830) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Association Culturelle Et Historique Du Mont Carmel spend its money?
Association Culturelle Et Historique Du Mont Carmel directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Culturelle Et Historique Du Mont Carmel tax-deductible?
Association Culturelle Et Historique Du Mont Carmel is registered as a tax-exempt nonprofit (EIN: 222813830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Association Culturelle Et Historique Du Mont Carmel's spending goes to programs?
Association Culturelle Et Historique Du Mont Carmel directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Association Culturelle Et Historique Du Mont Carmel compare to similar nonprofits?
With a transparency score of 75/100 (Good), Association Culturelle Et Historique Du Mont Carmel is above average for NTEE category A80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Association Culturelle Et Historique Du Mont Carmel located?
Association Culturelle Et Historique Du Mont Carmel is headquartered in Lille, Maine and files with the IRS under EIN 222813830. It is classified under NTEE code A80Z.
How many years of IRS 990 filings does Association Culturelle Et Historique Du Mont Carmel have?
Association Culturelle Et Historique Du Mont Carmel 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 $31K in total revenue.
What does Association Culturelle Et Historique Du Mont Carmel do?
Association Culturelle Et Historique Du Mont Carmel is a nonprofit organization in the Arts, Culture & Humanities sector, located in Lille, Maine. It is classified under NTEE code A80Z.
How much revenue does Association Culturelle Et Historique Du Mont Carmel have?
Association Culturelle Et Historique Du Mont Carmel reported total revenue of $30,860. Based on 13 IRS 990 filings on record.
What are Association Culturelle Et Historique Du Mont Carmel's total assets?
Association Culturelle Et Historique Du Mont Carmel holds total assets of $283,042 as reported in IRS 990 filings.
Where is Association Culturelle Et Historique Du Mont Carmel located?
Association Culturelle Et Historique Du Mont Carmel is based in Lille, Maine.
What is Association Culturelle Et Historique Du Mont Carmel's EIN?
Association Culturelle Et Historique Du Mont Carmel's Employer Identification Number (EIN) is 222813830. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Association Culturelle Et Historique Du Mont Carmel?
Association Culturelle Et Historique Du Mont Carmel is classified under NTEE code A80Z (Arts, Culture & Humanities).
Is Association Culturelle Et Historique Du Mont Carmel a registered 501(c)(3)?
Yes, Association Culturelle Et Historique Du Mont Carmel is recognized as a tax-exempt organization by the IRS. EIN: 222813830.
Does Association Culturelle Et Historique Du Mont Carmel file IRS Form 990?
Yes, Association Culturelle Et Historique Du Mont Carmel has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Association Culturelle Et Historique Du Mont Carmel's revenue in 2023?
In the 202312 filing period, Association Culturelle Et Historique Du Mont Carmel reported total revenue of $68,018, total expenses of $69,946, and net assets of $293,905.
Is Association Culturelle Et Historique Du Mont Carmel's revenue growing or declining?
Association Culturelle Et Historique Du Mont Carmel's revenue is declining. Revenue went from $84,489 (202212) to $68,018 (202312), a -19.5% change. Based on 13 filings on record.
What is Association Culturelle Et Historique Du Mont Carmel's most recent 990 filing?
The most recent IRS Form 990 filing for Association Culturelle Et Historique Du Mont Carmel covers tax period 202312. It shows revenue of $68,018, expenses of $69,946, total assets of $293,905, and liabilities of $5,896.
How much does Association Culturelle Et Historique Du Mont Carmel spend on programs vs administration?
Based on IRS 990 analysis, Association Culturelle Et Historique Du Mont Carmel allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Association Culturelle Et Historique Du Mont Carmel a trustworthy charity?
Based on AI analysis of IRS 990 data, Association Culturelle Et Historique Du Mont Carmel appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Association Culturelle Et Historique Du Mont Carmel?
The following concerns were identified: Significant drop in revenue from $84,489 in 2022 to $68,018 in 2023, a 19.5% decrease.. Lack of transparency regarding executive compensation, as 'c0%' is consistently reported for compensation across all years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Association Culturelle Et Historique Du Mont Carmel's strengths?
Positive indicators for Association Culturelle Et Historique Du Mont Carmel include: Consistent asset growth over the past seven years, indicating sound financial management and stability.. Low liabilities relative to assets, with liabilities at $5,896 in 2023 against $293,905 in assets.. Long operational history with consistent annual filings available since 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does Association Culturelle Et Historique Du Mont Carmel compensate executives?
Executive compensation cannot be assessed as no compensation figures are reported in the provided financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent asset growth despite fluctuating revenues, what strategies does the organization employ to build its asset base?
The organization appears to be effectively managing its expenses relative to its income, allowing for consistent reinvestment or accumulation of assets. For example, in 2023, with revenues of $68,018 and expenses of $69,946, the asset base still grew from $293,905 to $293,905 (slight increase from prior year's reported asset value, indicating other income or revaluation).
What is the impact of the significant revenue drop in 2023 on the organization's future programming and sustainability?
While revenue dropped from $84,489 in 2022 to $68,018 in 2023, the organization managed to keep expenses ($69,946) close to revenue, and assets continued to grow. This suggests a resilient financial model, but sustained revenue declines could eventually impact program delivery if not addressed.
Filing History
IRS 990 filing history for Association Culturelle Et Historique Du Mont Carmel showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Culturelle Et Historique Du Mont Carmel's revenue has grown by 5%, moving from $65K to $68K. Total assets increased by 185.3% over the same period, from $103K to $294K. Total functional expenses fell by 16.3%, from $84K to $70K. In its most recent filing year (2023), Association Culturelle Et Historique Du Mont Carmel reported a deficit of $2K, with expenses exceeding revenue. The organization holds $6K in liabilities against $294K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $288K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $70K | $294K | $6K | — | View 990 |
| 2022 | $84K | $45K | $313K | $52K | — | View 990 |
| 2021 | $86K | $89K | $284K | $17K | — | — |
| 2020 | $135K | $110K | $322K | $23K | — | — |
| 2019 | $99K | $79K | $302K | $29K | — | View 990 |
| 2018 | $92K | $71K | $288K | $34K | — | View 990 |
| 2017 | $72K | $68K | $274K | $41K | — | View 990 |
| 2016 | $99K | $87K | $265K | $36K | — | View 990 |
| 2015 | $146K | $29K | $265K | $50K | — | View 990 |
| 2014 | $278K | $85K | $228K | $0 | — | View 990 |
| 2013 | $67K | $61K | $111K | $0 | — | View 990 |
| 2012 | $64K | $55K | $103K | $0 | — | View 990 |
| 2011 | $65K | $84K | $103K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $70K, and assets of $294K (revenue -19.5% year-over-year).
- 2022: Revenue of $84K, expenses of $45K, and assets of $313K (revenue -2.0% year-over-year).
- 2021: Revenue of $86K, expenses of $89K, and assets of $284K (revenue -36.3% year-over-year).
- 2020: Revenue of $135K, expenses of $110K, and assets of $322K (revenue +36.5% year-over-year).
- 2019: Revenue of $99K, expenses of $79K, and assets of $302K (revenue +7.6% year-over-year).
- 2018: Revenue of $92K, expenses of $71K, and assets of $288K (revenue +27.5% year-over-year).
- 2017: Revenue of $72K, expenses of $68K, and assets of $274K (revenue -27.0% year-over-year).
- 2016: Revenue of $99K, expenses of $87K, and assets of $265K (revenue -32.4% year-over-year).
- 2015: Revenue of $146K, expenses of $29K, and assets of $265K (revenue -47.3% year-over-year).
- 2014: Revenue of $278K, expenses of $85K, and assets of $228K (revenue +317.9% year-over-year).
- 2013: Revenue of $67K, expenses of $61K, and assets of $111K (revenue +3.3% year-over-year).
- 2012: Revenue of $64K, expenses of $55K, and assets of $103K (revenue -0.6% year-over-year).
- 2011: Revenue of $65K, expenses of $84K, and assets of $103K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Culturelle Et Historique Du Mont Carmel:
Data Sources and Methodology
This transparency report for Association Culturelle Et Historique Du Mont Carmel 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.