Biomass Thermal Energy Council
EIN: 264001230 · Portland, ME · NTEE: S46
| Metric | Value |
|---|---|
| Total Expenses | $52K |
| Net Assets | $35K |
Is Biomass Thermal Energy Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Biomass Thermal Energy Council
Biomass Thermal Energy Council (EIN: 264001230) is a nonprofit organization based in Portland, ME, classified under NTEE code S46. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Biomass Thermal Energy Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Biomass Thermal Energy Council is a micro nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -13.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $52K |
| Surplus / Deficit | +$9K |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | 15.2% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2022, Biomass Thermal Energy Council reported a surplus of $9K with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Biomass Thermal Energy Council's revenue has declined at a compound annual growth rate (CAGR) of -13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -21.6% | +33.7% | -59.1% |
| 2021 | +94.8% | +7.4% | +243.4% |
| 2020 | -30.5% | -47.0% | -5.2% |
| 2019 | -15.7% | -6.6% | +111.4% |
| 2018 | -78.8% | -77.9% | -76.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Biomass Thermal Energy Council 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 Biomass Thermal Energy Council 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Frequently Asked Questions about Biomass Thermal Energy Council
Is Biomass Thermal Energy Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Biomass Thermal Energy Council (EIN: 264001230) insufficient data. 0 red flags identified, 0 strengths noted.
How does Biomass Thermal Energy Council spend its money?
Detailed spending breakdown data is not yet available for Biomass Thermal Energy Council. Check back for updated IRS 990 analysis.
Are donations to Biomass Thermal Energy Council tax-deductible?
Biomass Thermal Energy Council is registered as a tax-exempt nonprofit (EIN: 264001230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Biomass Thermal Energy Council located?
Biomass Thermal Energy Council is headquartered in Portland, Maine and files with the IRS under EIN 264001230. It is classified under NTEE code S46.
How many years of IRS 990 filings does Biomass Thermal Energy Council have?
Biomass Thermal Energy Council 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.
Filing History
IRS 990 filing history for Biomass Thermal Energy Council showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Biomass Thermal Energy Council's revenue has declined by 79%, moving from $294K to $62K. Total assets decreased by 78.9% over the same period, from $168K to $35K. Total functional expenses fell by 79.1%, from $250K to $52K. In its most recent filing year (2022), Biomass Thermal Energy Council reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $62K | $52K | $35K | $0 | — | View 990 |
| 2021 | $79K | $39K | $86K | $60K | — | View 990 |
| 2020 | $40K | $36K | $25K | $39K | — | — |
| 2019 | $58K | $69K | $27K | $44K | — | View 990 |
| 2018 | $69K | $74K | $13K | $20K | — | View 990 |
| 2017 | $326K | $333K | $54K | $57K | — | View 990 |
| 2016 | $394K | $385K | $77K | $72K | — | View 990 |
| 2015 | $398K | $421K | $145K | $166K | — | View 990 |
| 2014 | $248K | $265K | $188K | $186K | — | View 990 |
| 2013 | $388K | $359K | $64K | $45K | — | View 990 |
| 2012 | $341K | $329K | $166K | $175K | — | View 990 |
| 2011 | $294K | $250K | $168K | $189K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $62K, expenses of $52K, and assets of $35K (revenue -21.6% year-over-year).
- 2021: Revenue of $79K, expenses of $39K, and assets of $86K (revenue +94.8% year-over-year).
- 2020: Revenue of $40K, expenses of $36K, and assets of $25K (revenue -30.5% year-over-year).
- 2019: Revenue of $58K, expenses of $69K, and assets of $27K (revenue -15.7% year-over-year).
- 2018: Revenue of $69K, expenses of $74K, and assets of $13K (revenue -78.8% year-over-year).
- 2017: Revenue of $326K, expenses of $333K, and assets of $54K (revenue -17.2% year-over-year).
- 2016: Revenue of $394K, expenses of $385K, and assets of $77K (revenue -1.0% year-over-year).
- 2015: Revenue of $398K, expenses of $421K, and assets of $145K (revenue +60.7% year-over-year).
- 2014: Revenue of $248K, expenses of $265K, and assets of $188K (revenue -36.1% year-over-year).
- 2013: Revenue of $388K, expenses of $359K, and assets of $64K (revenue +13.7% year-over-year).
- 2012: Revenue of $341K, expenses of $329K, and assets of $166K (revenue +15.8% year-over-year).
- 2011: Revenue of $294K, expenses of $250K, and assets of $168K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Biomass Thermal Energy Council:
Data Sources and Methodology
This transparency report for Biomass Thermal Energy Council 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.