Bangor Police Relief Association
Bangor Police Relief Association maintains strong asset growth with zero liabilities and volunteer leadership.
EIN: 10369983 · Bangor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $202K |
| Total Expenses | $18K |
| Program Spending | 90% |
| Net Assets | $1.2M |
| Transparency Score | 75/100 |
Is Bangor Police Relief Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bangor Police Relief Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bangor Police Relief Association
Bangor Police Relief Association (EIN: 10369983) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $202K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bangor Police Relief Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bangor Police Relief Association is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $18K |
| Surplus / Deficit | +$52K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 74.6% |
| Months of Reserves | 818.2 months |
Financial Health Grade: A
In 2023, Bangor Police Relief Association reported a surplus of $52K with revenue exceeding expenses, holds 818.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Bangor Police Relief Association's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +104.6% | -61.2% | +2.7% |
| 2022 | -45.2% | +77.8% | -15.4% |
| 2021 | +8.8% | -3.8% | +22.6% |
| 2020 | +5.9% | +32.8% | +1.3% |
| 2019 | -46.5% | -4.6% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Police Relief Association 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Bangor Police Relief Association 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 $52K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which significantly reduces administrative overhead.
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 Bangor Police Relief Association's IRS 990 filings:
- Lack of detailed program expense breakdown in summary data
- Unclear utilization strategy for significant and growing assets
Strengths
The following positive indicators were identified for Bangor Police Relief Association:
- Consistent asset growth and strong financial stability
- Zero reported liabilities across all filings
- Volunteer-based leadership with 0% officer compensation, leading to low overhead
- Expenses consistently lower than revenue, indicating fiscal prudence
Frequently Asked Questions about Bangor Police Relief Association
Is Bangor Police Relief Association a legitimate charity?
Bangor Police Relief Association (EIN: 10369983) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $202K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Bangor Police Relief Association spend its money?
Bangor Police Relief Association directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Bangor Police Relief Association tax-deductible?
Bangor Police Relief Association is registered as a tax-exempt nonprofit (EIN: 10369983). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bangor Police Relief Association located?
Bangor Police Relief Association is headquartered in Bangor, Maine and files with the IRS under EIN 10369983.
How many years of IRS 990 filings does Bangor Police Relief Association have?
Bangor Police Relief Association 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 $202K in total revenue.
What specific programs or relief efforts does the Bangor Police Relief Association fund?
The provided IRS 990 data does not detail specific program activities or relief efforts. It only shows total expenses, which have ranged from $17,675 to $46,713 annually, but does not break down how these funds are used for programs versus administrative costs.
How does the organization utilize its significant and growing asset base of over $1.2 million?
The filings show consistent asset growth, reaching $1,205,138 in 2023, with zero liabilities. However, the data does not specify how these assets are invested or deployed to further the organization's mission, beyond covering the relatively low annual expenses.
What is the source of the organization's revenue, which fluctuates significantly year-to-year?
The IRS 990 data indicates fluctuating revenue, from a low of $32,954 in 2016 to a high of $100,790 in 2018. The specific sources (e.g., donations, investments, grants) are not detailed in the provided summary.
Filing History
IRS 990 filing history for Bangor Police Relief Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bangor Police Relief Association's revenue has grown by 190.9%, moving from $24K to $70K. Total assets increased by 58.3% over the same period, from $761K to $1.2M. Total functional expenses rose by 47.6%, from $12K to $18K. In its most recent filing year (2023), Bangor Police Relief Association reported a surplus of $52K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $18K | $1.2M | $0 | — | View 990 |
| 2022 | $34K | $46K | $1.2M | $0 | — | View 990 |
| 2021 | $62K | $26K | $1.4M | $0 | — | View 990 |
| 2020 | $57K | $27K | $1.1M | $0 | — | — |
| 2019 | $54K | $20K | $1.1M | $0 | — | View 990 |
| 2018 | $101K | $21K | $1.0M | $0 | — | View 990 |
| 2017 | $51K | $20K | $1.1M | $0 | — | View 990 |
| 2016 | $33K | $33K | $954K | $0 | — | View 990 |
| 2015 | $94K | $47K | $946K | $0 | — | View 990 |
| 2014 | $119K | $28K | $971K | $0 | — | View 990 |
| 2013 | $22K | $17K | $921K | $0 | — | View 990 |
| 2012 | $22K | $18K | $817K | $0 | — | View 990 |
| 2011 | $24K | $12K | $761K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $18K, and assets of $1.2M (revenue +104.6% year-over-year).
- 2022: Revenue of $34K, expenses of $46K, and assets of $1.2M (revenue -45.2% year-over-year).
- 2021: Revenue of $62K, expenses of $26K, and assets of $1.4M (revenue +8.8% year-over-year).
- 2020: Revenue of $57K, expenses of $27K, and assets of $1.1M (revenue +5.9% year-over-year).
- 2019: Revenue of $54K, expenses of $20K, and assets of $1.1M (revenue -46.5% year-over-year).
- 2018: Revenue of $101K, expenses of $21K, and assets of $1.0M (revenue +99.2% year-over-year).
- 2017: Revenue of $51K, expenses of $20K, and assets of $1.1M (revenue +53.6% year-over-year).
- 2016: Revenue of $33K, expenses of $33K, and assets of $954K (revenue -64.8% year-over-year).
- 2015: Revenue of $94K, expenses of $47K, and assets of $946K (revenue -21.3% year-over-year).
- 2014: Revenue of $119K, expenses of $28K, and assets of $971K (revenue +429.1% year-over-year).
- 2013: Revenue of $22K, expenses of $17K, and assets of $921K (revenue +4.0% year-over-year).
- 2012: Revenue of $22K, expenses of $18K, and assets of $817K (revenue -9.8% year-over-year).
- 2011: Revenue of $24K, expenses of $12K, and assets of $761K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bangor Police Relief Association:
Data Sources and Methodology
This transparency report for Bangor Police Relief Association 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.