Biodiversity
Biodiversity shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 10515381 · Portland, ME · NTEE: C056 · Updated: 2026-03-28
Is Biodiversity Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Biodiversity directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Biodiversity
Biodiversity (EIN: 10515381) is a nonprofit organization based in Portland, ME, classified under NTEE code C056. The organization reported total revenue of $8.2M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biodiversity'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 Biodiversity 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, Biodiversity 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
Biodiversity consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with over $8 million in annual revenue.
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 Biodiversity:
- Consistent revenue growth, more than doubling from 2021 to 2024 ($3.5M to $8.1M).
- Significant asset accumulation, growing from $1.2M in 2020 to nearly $5M in 2024.
- Consistent positive net income, with revenue exceeding expenses in recent years (e.g., $8,199,685 revenue vs. $7,814,011 expenses in 2024).
- 0% reported officer compensation across all available filings, indicating strong financial stewardship.
- Strong transparency with 14 consistent IRS 990 filings.
Frequently Asked Questions about Biodiversity
Is Biodiversity a legitimate charity?
Based on AI analysis of IRS 990 filings, Biodiversity (EIN: 10515381) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Biodiversity spend its money?
Biodiversity directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Biodiversity tax-deductible?
Biodiversity is registered as a tax-exempt nonprofit (EIN: 10515381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Biodiversity financially stable?
Yes, Biodiversity appears financially stable. Its revenue has consistently grown from $3.5 million in 2020 to over $8.1 million in 2024, and its assets have increased from $1.2 million to nearly $5 million in the same period, indicating strong financial health.
How efficiently does Biodiversity use its funds?
Biodiversity appears to use its funds efficiently. It consistently operates with a positive net income (e.g., $8,199,685 revenue vs. $7,814,011 expenses in 2024), and reports 0% officer compensation, suggesting a high proportion of funds are directed towards its mission.
What is the trend in Biodiversity's financial growth?
Biodiversity shows a strong upward trend in financial growth. Revenue has more than doubled from $3,542,741 in 2021 to $8,199,685 in 2024, and assets have nearly quadrupled from $1,200,828 in 2020 to $4,996,311 in 2024.
Filing History
IRS 990 filing history for Biodiversity showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Biodiversity's revenue has declined by 14.1%, moving from $9.5M to $8.2M. Total assets increased by 284.4% over the same period, from $1.3M to $5.0M. Total functional expenses fell by 13%, from $9.0M to $7.8M. In its most recent filing year (2024), Biodiversity reported a surplus of $386K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $5.0M in assets (debt-to-asset ratio: 66.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $8.2M | $7.8M | $5.0M | $3.3M | — | View 990 |
| 2023 | $7.0M | $6.2M | $4.7M | $3.4M | — | View 990 |
| 2022 | $6.1M | $5.8M | $3.6M | $3.0M | — | View 990 |
| 2021 | $3.5M | $3.5M | $3.0M | $2.8M | — | View 990 |
| 2020 | $3.5M | $3.5M | $1.2M | $1.1M | — | View 990 |
| 2019 | $3.4M | $3.5M | $1.3M | $1.1M | — | View 990 |
| 2018 | $3.7M | $3.9M | $995K | $345K | — | — |
| 2017 | $4.4M | $4.4M | $1.1M | $726K | — | View 990 |
| 2016 | $4.9M | $4.9M | $1.1M | $765K | — | View 990 |
| 2015 | $5.3M | $5.3M | $1.1M | $757K | — | View 990 |
| 2014 | $4.9M | $4.8M | $854K | $460K | — | View 990 |
| 2013 | $3.8M | $4.6M | $767K | $391K | — | View 990 |
| 2012 | $6.4M | $6.1M | $1.5M | $398K | — | View 990 |
| 2011 | $9.5M | $9.0M | $1.3M | $413K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.2M, expenses of $7.8M, and assets of $5.0M (revenue +16.8% year-over-year).
- 2023: Revenue of $7.0M, expenses of $6.2M, and assets of $4.7M (revenue +14.9% year-over-year).
- 2022: Revenue of $6.1M, expenses of $5.8M, and assets of $3.6M (revenue +72.5% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.5M, and assets of $3.0M (revenue +1.4% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.5M, and assets of $1.2M (revenue +4.2% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.5M, and assets of $1.3M (revenue -8.6% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.9M, and assets of $995K (revenue -16.7% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.4M, and assets of $1.1M (revenue -9.4% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.9M, and assets of $1.1M (revenue -7.7% year-over-year).
- 2015: Revenue of $5.3M, expenses of $5.3M, and assets of $1.1M (revenue +8.6% year-over-year).
- 2014: Revenue of $4.9M, expenses of $4.8M, and assets of $854K (revenue +26.1% year-over-year).
- 2013: Revenue of $3.8M, expenses of $4.6M, and assets of $767K (revenue -39.6% year-over-year).
- 2012: Revenue of $6.4M, expenses of $6.1M, and assets of $1.5M (revenue -33.2% year-over-year).
- 2011: Revenue of $9.5M, expenses of $9.0M, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Biodiversity 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.