Awakening Voices Inc
Awakening Voices Inc. faces persistent operating deficits and declining assets.
EIN: 203507313 · Perkins Twp, ME · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $47K |
| Program Spending | 80% |
| Net Assets | $249K |
| Transparency Score | 45/100 |
Is Awakening Voices Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Awakening Voices Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Awakening Voices Inc
Awakening Voices Inc (EIN: 203507313) is a nonprofit organization based in Perkins Twp, ME, classified under NTEE code X99. The organization reported total revenue of $64K and total assets of $255K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Awakening Voices Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Awakening Voices Inc is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $47K |
| Surplus / Deficit | $-32,358 |
| Total Assets | $254K |
| Total Liabilities | $5K |
| Net Assets | $249K |
| Operating Margin | -222.4% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 65.0 months |
Financial Health Grade: B
In 2023, Awakening Voices Inc reported a deficit of $32K with expenses exceeding revenue, holds 65.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Awakening Voices Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +116.6% | -26.5% | -6.4% |
| 2022 | -84.7% | +0.7% | -30.1% |
| 2021 | +85.4% | -17.6% | -3.4% |
| 2020 | +1.1% | +4.3% | -11.0% |
| 2019 | -74.1% | +12.7% | +843.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Awakening Voices Inc with a Mission Score of 45 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, Awakening Voices 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Awakening Voices Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership is not drawing a salary from the organization's funds, which is a positive sign for resource allocation.
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 Awakening Voices Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) for multiple years, e.g., $46,910 expenses vs. $14,552 revenue in 2023.
- Significant decline in assets from $451,715 in 2019 to $254,067 in 2023, indicating unsustainable spending.
- NTEE code 'X99' (Unknown) which lacks specific categorization of the organization's mission.
- Reliance on drawing down assets to cover operational costs, which is not a sustainable long-term financial strategy.
Strengths
The following positive indicators were identified for Awakening Voices Inc:
- Consistent reporting of 0% officer compensation, indicating that leadership is not drawing a salary from the organization's funds.
- Long filing history (10 filings), suggesting a commitment to compliance and transparency in reporting.
Frequently Asked Questions about Awakening Voices Inc
Is Awakening Voices Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Awakening Voices Inc (EIN: 203507313) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Awakening Voices Inc spend its money?
Awakening Voices Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Awakening Voices Inc tax-deductible?
Awakening Voices Inc is registered as a tax-exempt nonprofit (EIN: 203507313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Awakening Voices Inc's spending goes to programs?
Awakening Voices Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Awakening Voices Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Awakening Voices Inc is near average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Awakening Voices Inc located?
Awakening Voices Inc is headquartered in Perkins Twp, Maine and files with the IRS under EIN 203507313. It is classified under NTEE code X99.
How many years of IRS 990 filings does Awakening Voices Inc have?
Awakening Voices Inc has 10 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 $64K in total revenue.
Is Awakening Voices Inc. financially sustainable?
Based on the provided data, Awakening Voices Inc. does not appear financially sustainable, as its expenses have consistently exceeded its revenue in recent years, leading to a significant decline in assets from $451,715 in 2019 to $254,067 in 2023.
What is the primary cause of the asset decline?
The primary cause of the asset decline is the consistent operational deficit, where expenses have been significantly higher than revenue for multiple consecutive years (e.g., $46,910 expenses vs. $14,552 revenue in 2023).
How does the organization fund its operations given the deficits?
The organization appears to be funding its operations by drawing down its existing assets, as evidenced by the substantial decrease in total assets over the past several years.
What is the organization's specific mission or program area?
The NTEE code 'X99' (Unknown) does not provide specific information about the organization's mission or program area, making it difficult to ascertain its core activities from the provided data.
Filing History
IRS 990 filing history for Awakening Voices Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Awakening Voices Inc's revenue has declined by 67.7%, moving from $45K to $15K. Total assets increased by 3995.9% over the same period, from $6K to $254K. Total functional expenses fell by 7.8%, from $51K to $47K. In its most recent filing year (2023), Awakening Voices Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $5K in liabilities against $254K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $249K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $47K | $254K | $5K | — | — |
| 2022 | $7K | $64K | $272K | $6K | — | View 990 |
| 2021 | $44K | $63K | $389K | $7K | — | View 990 |
| 2020 | $24K | $77K | $402K | $9K | — | — |
| 2019 | $23K | $74K | $452K | $8K | — | View 990 |
| 2015 | $90K | $65K | $48K | $6K | — | View 990 |
| 2014 | $100K | $79K | $24K | $6K | — | View 990 |
| 2013 | $60K | $66K | $2K | $6K | — | View 990 |
| 2012 | $65K | $63K | $10K | $8K | — | View 990 |
| 2011 | $45K | $51K | $6K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $47K, and assets of $254K (revenue +116.6% year-over-year).
- 2022: Revenue of $7K, expenses of $64K, and assets of $272K (revenue -84.7% year-over-year).
- 2021: Revenue of $44K, expenses of $63K, and assets of $389K (revenue +85.4% year-over-year).
- 2020: Revenue of $24K, expenses of $77K, and assets of $402K (revenue +1.1% year-over-year).
- 2019: Revenue of $23K, expenses of $74K, and assets of $452K (revenue -74.1% year-over-year).
- 2015: Revenue of $90K, expenses of $65K, and assets of $48K (revenue -9.8% year-over-year).
- 2014: Revenue of $100K, expenses of $79K, and assets of $24K (revenue +66.7% year-over-year).
- 2013: Revenue of $60K, expenses of $66K, and assets of $2K (revenue -7.7% year-over-year).
- 2012: Revenue of $65K, expenses of $63K, and assets of $10K (revenue +44.4% year-over-year).
- 2011: Revenue of $45K, expenses of $51K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Awakening Voices Inc:
Data Sources and Methodology
This transparency report for Awakening Voices 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.