Bearnstow
Bearnstow consistently generates significant surpluses and has grown assets substantially in recent years.
EIN: 10271792 · Mount Vernon, ME · NTEE: N20 · Updated: 2026-03-28
Is Bearnstow Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bearnstow directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bearnstow
Bearnstow (EIN: 10271792) is a nonprofit organization based in Mount Vernon, ME, classified under NTEE code N20. The organization reported total revenue of $174K and total assets of $780K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bearnstow'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 Bearnstow with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bearnstow allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation has been reported as 0% across all available filings, suggesting a volunteer-led organization or that any compensation falls below reporting thresholds, which contributes to very low administrative costs.
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 Bearnstow:
- Consistent revenue surpluses: In 202310, revenue was $219,543 against expenses of $111,999.
- Strong asset growth: Assets increased from $642,123 in 202110 to $693,754 in 202310.
- Zero reported officer compensation: All filings show 0% officer compensation, indicating efficient use of funds.
- High financial efficiency: Expenses are consistently less than half of revenue in recent years.
- Improved financial stability: The organization has moved from negative assets in earlier years to substantial positive assets.
Frequently Asked Questions about Bearnstow
Is Bearnstow a legitimate charity?
Based on AI analysis of IRS 990 filings, Bearnstow (EIN: 10271792) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Bearnstow spend its money?
Bearnstow directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bearnstow tax-deductible?
Bearnstow is registered as a tax-exempt nonprofit (EIN: 10271792). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bearnstow a good charity?
Based on its financial data, Bearnstow appears to be a very well-managed and efficient charity. It consistently generates significant revenue surpluses, has growing assets, and reports no officer compensation, indicating a strong focus on its mission and efficient use of funds.
How has Bearnstow's financial health changed over time?
Bearnstow has experienced remarkable financial growth and stabilization. While earlier filings (2009-2012) showed negative assets and expenses exceeding revenue, the organization has since achieved strong financial health, with consistent revenue surpluses and substantial asset growth, reaching $693,754 in 202310.
What is Bearnstow's approach to executive compensation?
Bearnstow reports 0% officer compensation in all available filings, suggesting that its leadership is either entirely volunteer-based or compensated at levels that do not require disclosure, which is a positive indicator for resource allocation.
Filing History
IRS 990 filing history for Bearnstow showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2009–2023), Bearnstow's revenue has grown by 514.3%, moving from $36K to $220K. Total assets increased by 56394.6% over the same period, from $1K to $694K. Total functional expenses rose by 169.9%, from $42K to $112K. In its most recent filing year (2023), Bearnstow reported a surplus of $108K, with revenue exceeding expenses. The organization holds $346 in liabilities against $694K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $693K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $220K | $112K | $694K | $346 | — | View 990 |
| 2022 | $251K | $107K | $786K | $355 | — | View 990 |
| 2021 | $212K | $89K | $642K | $0 | — | View 990 |
| 2012 | $30K | $39K | $-665 | $61K | — | View 990 |
| 2011 | $37K | $47K | $-1,091 | $50K | — | View 990 |
| 2010 | $21K | $37K | $2K | $-43,280 | — | View 990 |
| 2009 | $36K | $42K | $1K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $220K, expenses of $112K, and assets of $694K (revenue -12.4% year-over-year).
- 2022: Revenue of $251K, expenses of $107K, and assets of $786K (revenue +18.1% year-over-year).
- 2021: Revenue of $212K, expenses of $89K, and assets of $642K (revenue +617.6% year-over-year).
- 2012: Revenue of $30K, expenses of $39K, and assets of $-665 (revenue -19.3% year-over-year).
- 2011: Revenue of $37K, expenses of $47K, and assets of $-1,091 (revenue +78.5% year-over-year).
- 2010: Revenue of $21K, expenses of $37K, and assets of $2K (revenue -42.6% year-over-year).
- 2009: Revenue of $36K, expenses of $42K, and assets of $1K.
Data Sources and Methodology
This transparency report for Bearnstow 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.