Atlantic Volunteer Engine Co Inc
Atlantic Volunteer Engine Co Inc shows historical financial stability with no officer compensation, but recent data indicates zero revenue and assets.
EIN: 10450687 · Cape Porpoise, ME · NTEE: M24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Program Spending | 80% |
| Net Assets | $280K |
| Transparency Score | 70/100 |
Is Atlantic Volunteer Engine Co Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlantic Volunteer Engine Co Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic Volunteer Engine Co Inc
Atlantic Volunteer Engine Co Inc (EIN: 10450687) is a nonprofit organization based in Cape Porpoise, ME, classified under NTEE code M24. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Volunteer Engine Co Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic Volunteer Engine Co Inc is a micro nonprofit that has been operating for 25 years, with 6 years of IRS 990 filings on record (2011–2016).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -115.9% | -20.9% | -5.2% |
| 2015 | -31.9% | +15.7% | +1.0% |
| 2014 | -52.9% | +7.5% | +5.3% |
| 2013 | +232.5% | +24.4% | +21.3% |
| 2012 | +1.2% | -55.8% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Atlantic Volunteer Engine Co Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Atlantic Volunteer Engine Co Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a small entity.
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 Atlantic Volunteer Engine Co Inc's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating a potential significant change in operational status not explained by historical data.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Atlantic Volunteer Engine Co Inc:
- Consistent financial stability with healthy asset levels (e.g., $280,391 in 2016) and no reported liabilities over multiple years.
- Zero officer compensation across all reported periods, indicating a volunteer-led and highly efficient leadership structure.
- Historically low and well-managed expenses relative to assets, suggesting prudent financial management.
- Generally positive net income in most years, contributing to asset growth.
Frequently Asked Questions about Atlantic Volunteer Engine Co Inc
Is Atlantic Volunteer Engine Co Inc a legitimate charity?
Atlantic Volunteer Engine Co Inc (EIN: 10450687) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 6 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Atlantic Volunteer Engine Co Inc spend its money?
Atlantic Volunteer Engine Co Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Atlantic Volunteer Engine Co Inc tax-deductible?
Atlantic Volunteer Engine Co Inc is registered as a tax-exempt nonprofit (EIN: 10450687). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Atlantic Volunteer Engine Co Inc's spending goes to programs?
Atlantic Volunteer Engine Co Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Atlantic Volunteer Engine Co Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Atlantic Volunteer Engine Co Inc is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Atlantic Volunteer Engine Co Inc located?
Atlantic Volunteer Engine Co Inc is headquartered in Cape Porpoise, Maine and files with the IRS under EIN 10450687. It is classified under NTEE code M24.
How many years of IRS 990 filings does Atlantic Volunteer Engine Co Inc have?
Atlantic Volunteer Engine Co Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What caused the reported $0 revenue and assets in the latest period?
The provided data does not specify the reason for the sudden drop to $0 revenue and assets. This could indicate a change in reporting, dormancy, or dissolution, and would require reviewing the most recent full IRS 990 filing for clarification.
What are the specific programs and services provided by Atlantic Volunteer Engine Co Inc?
The NTEE code M24 suggests 'Fire Prevention & Control' but the provided financial data does not detail the specific programs or services delivered by the organization.
How does the organization fund its operations given the low revenue figures in some years?
Historically, the organization has managed to cover expenses with revenue, and its substantial asset base (e.g., $280,391 in 2016) likely provides a buffer or investment income, though specific funding sources are not detailed.
Filing History
IRS 990 filing history for Atlantic Volunteer Engine Co Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Atlantic Volunteer Engine Co Inc's revenue has declined by 117.2%, moving from $19K to $-3,200. Total assets increased by 26.5% over the same period, from $222K to $280K. Total functional expenses fell by 45.9%, from $25K to $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $-3,200 | $14K | $280K | $0 | — | — |
| 2015 | $20K | $17K | $296K | $0 | — | View 990 |
| 2014 | $30K | $15K | $293K | $0 | — | View 990 |
| 2013 | $63K | $14K | $278K | $0 | — | View 990 |
| 2012 | $19K | $11K | $229K | $0 | — | View 990 |
| 2011 | $19K | $25K | $222K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $-3,200, expenses of $14K, and assets of $280K (revenue -115.9% year-over-year).
- 2015: Revenue of $20K, expenses of $17K, and assets of $296K (revenue -31.9% year-over-year).
- 2014: Revenue of $30K, expenses of $15K, and assets of $293K (revenue -52.9% year-over-year).
- 2013: Revenue of $63K, expenses of $14K, and assets of $278K (revenue +232.5% year-over-year).
- 2012: Revenue of $19K, expenses of $11K, and assets of $229K (revenue +1.2% year-over-year).
- 2011: Revenue of $19K, expenses of $25K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic Volunteer Engine Co Inc:
Data Sources and Methodology
This transparency report for Atlantic Volunteer Engine Co 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.