Baxter Academy Real Estate Corp
EIN: 821220137 · Portland, ME · NTEE: B90
| Metric | Value |
|---|---|
| Total Expenses | $193K |
| Net Assets | $-597,203 |
Is Baxter Academy Real Estate Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Baxter Academy Real Estate Corp
Baxter Academy Real Estate Corp (EIN: 821220137) is a nonprofit organization based in Portland, ME, classified under NTEE code B90. The organization reported total revenue of $0 and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baxter Academy Real Estate Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baxter Academy Real Estate Corp is a micro nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Baxter Academy Real Estate Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baxter Academy Real Estate Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 116.6%.
Frequently Asked Questions about Baxter Academy Real Estate Corp
Is Baxter Academy Real Estate Corp a legitimate charity?
Baxter Academy Real Estate Corp (EIN: 821220137) is a registered tax-exempt nonprofit based in Maine. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Baxter Academy Real Estate Corp spend its money?
Baxter Academy Real Estate Corp reported its financials in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Baxter Academy Real Estate Corp tax-deductible?
Baxter Academy Real Estate Corp is registered as a tax-exempt nonprofit (EIN: 821220137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Baxter Academy Real Estate Corp located?
Baxter Academy Real Estate Corp is headquartered in Portland, Maine and files with the IRS under EIN 821220137. It is classified under NTEE code B90.
How many years of IRS 990 filings does Baxter Academy Real Estate Corp have?
Baxter Academy Real Estate Corp has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Baxter Academy Real Estate Corp showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Baxter Academy Real Estate Corp's revenue has declined by 100%, moving from $920K to $0. Total assets decreased by 35.5% over the same period, from $5.6M to $3.6M. Total functional expenses rose by 22601.8%, from $850 to $193K. The organization holds $4.2M in liabilities against $3.6M in assets (debt-to-asset ratio: 116.6%), resulting in net assets of $-597,203.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $193K | $3.6M | $4.2M | — | — |
| 2022 | $0 | $193K | $3.8M | $4.2M | — | — |
| 2021 | $0 | $193K | $4.0M | $4.2M | — | — |
| 2020 | $0 | $193K | $4.2M | $4.2M | — | View 990 |
| 2019 | $0 | $194K | $4.2M | $4.0M | — | View 990 |
| 2018 | $0 | $97K | $4.4M | $4.0M | — | View 990 |
| 2017 | $920K | $850 | $5.6M | $4.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $193K, and assets of $3.6M.
- 2022: Revenue of $0, expenses of $193K, and assets of $3.8M.
- 2021: Revenue of $0, expenses of $193K, and assets of $4.0M.
- 2020: Revenue of $0, expenses of $193K, and assets of $4.2M.
- 2019: Revenue of $0, expenses of $194K, and assets of $4.2M.
- 2018: Revenue of $0, expenses of $97K, and assets of $4.4M (revenue -100.0% year-over-year).
- 2017: Revenue of $920K, expenses of $850, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baxter Academy Real Estate Corp:
Data Sources and Methodology
This transparency report for Baxter Academy Real Estate Corp 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.