Audrey P Connor Charitable Foundation
Audrey P Connor Charitable Foundation consistently spends more than its revenue, depleting assets over time.
EIN: 206769802 · Damariscotta, ME · NTEE: T22 · Updated: 2026-03-28
Is Audrey P Connor Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Audrey P Connor Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Audrey P Connor Charitable Foundation
Audrey P Connor Charitable Foundation (EIN: 206769802) is a nonprofit organization based in Damariscotta, ME, classified under NTEE code T22. The organization reported total revenue of $33K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Audrey P Connor Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Audrey P Connor Charitable Foundation with a Mission Score of 55 out of 100 (Fair). 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, Audrey P Connor Charitable Foundation 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are compensated, which is highly favorable for a small foundation of this size.
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 Audrey P Connor Charitable Foundation's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., 2023: $31,326 expenses vs. $11,024 revenue).
- Significant decline in total assets over the past decade, from $197,401 in 2011 to $101,499 currently, indicating asset depletion.
- Lack of detailed expense breakdown in available data makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Audrey P Connor Charitable Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Consistent filing history demonstrates transparency in reporting to the IRS.
Frequently Asked Questions about Audrey P Connor Charitable Foundation
Is Audrey P Connor Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Audrey P Connor Charitable Foundation (EIN: 206769802) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Audrey P Connor Charitable Foundation spend its money?
Audrey P Connor Charitable Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Audrey P Connor Charitable Foundation tax-deductible?
Audrey P Connor Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 206769802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Audrey P Connor Charitable Foundation financially sustainable?
Based on the filing history, the foundation consistently spends more than its revenue, leading to a decline in assets from $197,401 in 2011 to $101,499 currently. This operational model is not sustainable long-term without significant changes or new funding sources.
What is the primary use of the foundation's funds?
Without a detailed breakdown of expenses beyond total expenses, it is difficult to definitively state the primary use of funds. However, as a charitable foundation, it is presumed to be for grants and charitable activities, though operational costs are also covered.
Why are the assets declining?
The assets are declining because the foundation's expenses consistently exceed its revenue. For example, in 2023, expenses were $31,326 while revenue was only $11,024, requiring the foundation to draw from its existing assets to cover the difference.
Filing History
IRS 990 filing history for Audrey P Connor Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Audrey P Connor Charitable Foundation's revenue has grown by 170.3%, moving from $4K to $11K. Total assets decreased by 39% over the same period, from $197K to $120K. Total functional expenses rose by 161.9%, from $12K to $31K. In its most recent filing year (2023), Audrey P Connor Charitable Foundation reported a deficit of $20K, with expenses exceeding revenue. The organization holds $1 in liabilities against $120K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $31K | $120K | $1 | — | — |
| 2022 | $4K | $24K | $141K | $1 | — | — |
| 2021 | $13K | $42K | $161K | $1 | — | — |
| 2020 | $9K | $33K | $190K | $1 | — | — |
| 2019 | $18K | $12K | $214K | $1 | — | View 990 |
| 2015 | $18K | $12K | $202K | $1 | — | View 990 |
| 2014 | $14K | $14K | $196K | $1 | — | View 990 |
| 2013 | $15K | $12K | $196K | $1 | — | View 990 |
| 2012 | $7K | $12K | $193K | $1 | — | View 990 |
| 2011 | $4K | $12K | $197K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $31K, and assets of $120K (revenue +207.4% year-over-year).
- 2022: Revenue of $4K, expenses of $24K, and assets of $141K (revenue -72.5% year-over-year).
- 2021: Revenue of $13K, expenses of $42K, and assets of $161K (revenue +53.3% year-over-year).
- 2020: Revenue of $9K, expenses of $33K, and assets of $190K (revenue -53.9% year-over-year).
- 2019: Revenue of $18K, expenses of $12K, and assets of $214K (revenue +1.8% year-over-year).
- 2015: Revenue of $18K, expenses of $12K, and assets of $202K (revenue +28.4% year-over-year).
- 2014: Revenue of $14K, expenses of $14K, and assets of $196K (revenue -6.5% year-over-year).
- 2013: Revenue of $15K, expenses of $12K, and assets of $196K (revenue +103.1% year-over-year).
- 2012: Revenue of $7K, expenses of $12K, and assets of $193K (revenue +82.4% year-over-year).
- 2011: Revenue of $4K, expenses of $12K, and assets of $197K.
Data Sources and Methodology
This transparency report for Audrey P Connor Charitable Foundation 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.