Bangor Christian Schools Foundation
Bangor Christian Schools Foundation shows consistent revenue growth and strong asset accumulation with zero reported officer compensation.
EIN: 10523688 · Bangor, ME · NTEE: B122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $286K |
| Total Expenses | $92K |
| Program Spending | 90% |
| Net Assets | $753K |
| Transparency Score | 92/100 |
Is Bangor Christian Schools Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bangor Christian Schools Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bangor Christian Schools Foundation
Bangor Christian Schools Foundation (EIN: 10523688) is a nonprofit organization based in Bangor, ME, classified under NTEE code B122. The organization reported total revenue of $286K and total assets of $941K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bangor Christian Schools Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bangor Christian Schools Foundation is a small nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $92K |
| Surplus / Deficit | +$80K |
| Total Assets | $753K |
| Net Assets | $753K |
| Operating Margin | 46.5% |
| Months of Reserves | 97.7 months |
Financial Health Grade: A
In 2023, Bangor Christian Schools Foundation reported a surplus of $80K with revenue exceeding expenses, holds 97.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Bangor Christian Schools Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.0% | +18.1% | +24.7% |
| 2022 | +9.3% | -18.1% | +46.8% |
| 2021 | +48.8% | +24.1% | +36.5% |
| 2020 | -25.4% | -42.6% | +7.2% |
| 2019 | +21.2% | +82.7% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Bangor Christian Schools Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Bangor Christian Schools Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $80K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filing periods, indicating that its leadership either serves on a volunteer basis or receives no compensation, which is highly favorable for donor funds directly supporting the mission.
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.
Strengths
The following positive indicators were identified for Bangor Christian Schools Foundation:
- Consistent revenue growth, increasing from $93,223 in 2020 to $172,922 in 2023.
- Strong asset growth, more than doubling from $301,272 in 2020 to $752,705 in 2023.
- Zero reported liabilities across all filing periods, indicating excellent financial stability.
- 0% officer compensation reported, suggesting efficient use of funds and volunteer leadership.
- Consistent operating surpluses in recent years (e.g., $172,922 revenue vs. $92,478 expenses in 2023).
Frequently Asked Questions about Bangor Christian Schools Foundation
Is Bangor Christian Schools Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bangor Christian Schools Foundation (EIN: 10523688) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Bangor Christian Schools Foundation spend its money?
Bangor Christian Schools Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bangor Christian Schools Foundation tax-deductible?
Bangor Christian Schools Foundation is registered as a tax-exempt nonprofit (EIN: 10523688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bangor Christian Schools Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Bangor Christian Schools Foundation is above average for NTEE category B122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bangor Christian Schools Foundation located?
Bangor Christian Schools Foundation is headquartered in Bangor, Maine and files with the IRS under EIN 10523688. It is classified under NTEE code B122.
How many years of IRS 990 filings does Bangor Christian Schools Foundation have?
Bangor Christian Schools Foundation has 12 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 $286K in total revenue.
Is Bangor Christian Schools Foundation a good charity?
Based on the provided financial data, Bangor Christian Schools Foundation appears to be a very well-managed organization. It demonstrates consistent revenue growth, strong asset accumulation, and operates with no reported liabilities or officer compensation, all of which are positive indicators of a 'good charity'.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $56,908 in 2014 to $172,922 in 2023, and assets have increased from $232,730 to $752,705 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% officer compensation reported across all available filings. This suggests a volunteer-led or extremely lean administrative structure.
Filing History
IRS 990 filing history for Bangor Christian Schools Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Bangor Christian Schools Foundation's revenue has grown by 198.9%, moving from $58K to $173K. Total assets increased by 256.8% over the same period, from $211K to $753K. Total functional expenses rose by 86.7%, from $50K to $92K. In its most recent filing year (2023), Bangor Christian Schools Foundation reported a surplus of $80K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $173K | $92K | $753K | $0 | — | — |
| 2022 | $152K | $78K | $604K | $0 | — | View 990 |
| 2021 | $139K | $96K | $411K | $0 | — | — |
| 2020 | $93K | $77K | $301K | $0 | — | View 990 |
| 2019 | $125K | $134K | $281K | $0 | — | View 990 |
| 2018 | $103K | $74K | $284K | $0 | — | View 990 |
| 2017 | $77K | $75K | $251K | $0 | — | View 990 |
| 2016 | $71K | $72K | $241K | $0 | — | View 990 |
| 2015 | $75K | $68K | $240K | $0 | — | View 990 |
| 2014 | $57K | $69K | $233K | $0 | — | View 990 |
| 2013 | $57K | $61K | $219K | $0 | — | View 990 |
| 2012 | $58K | $50K | $211K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $173K, expenses of $92K, and assets of $753K (revenue +14.0% year-over-year).
- 2022: Revenue of $152K, expenses of $78K, and assets of $604K (revenue +9.3% year-over-year).
- 2021: Revenue of $139K, expenses of $96K, and assets of $411K (revenue +48.8% year-over-year).
- 2020: Revenue of $93K, expenses of $77K, and assets of $301K (revenue -25.4% year-over-year).
- 2019: Revenue of $125K, expenses of $134K, and assets of $281K (revenue +21.2% year-over-year).
- 2018: Revenue of $103K, expenses of $74K, and assets of $284K (revenue +33.6% year-over-year).
- 2017: Revenue of $77K, expenses of $75K, and assets of $251K (revenue +8.2% year-over-year).
- 2016: Revenue of $71K, expenses of $72K, and assets of $241K (revenue -5.4% year-over-year).
- 2015: Revenue of $75K, expenses of $68K, and assets of $240K (revenue +32.7% year-over-year).
- 2014: Revenue of $57K, expenses of $69K, and assets of $233K (revenue +0.4% year-over-year).
- 2013: Revenue of $57K, expenses of $61K, and assets of $219K (revenue -2.0% year-over-year).
- 2012: Revenue of $58K, expenses of $50K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bangor Christian Schools Foundation:
Data Sources and Methodology
This transparency report for Bangor Christian Schools 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.