Boothbay Region Community Resource Council
EIN: 464822598 · Boothbay Hbr, ME · NTEE: W99
| Metric | Value |
|---|---|
| Total Revenue | $538K |
| Total Expenses | $424K |
| Net Assets | $458K |
Is Boothbay Region Community Resource Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boothbay Region Community Resource Council
Boothbay Region Community Resource Council (EIN: 464822598) is a nonprofit organization based in Boothbay Hbr, ME, classified under NTEE code W99. The organization reported total revenue of $538K and total assets of $641K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boothbay Region Community Resource Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boothbay Region Community Resource Council is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 58.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $429K |
| Total Expenses | $424K |
| Surplus / Deficit | +$5K |
| Total Assets | $460K |
| Total Liabilities | $2K |
| Net Assets | $458K |
| Operating Margin | 1.1% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Boothbay Region Community Resource Council reported a surplus of $5K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Boothbay Region Community Resource Council's revenue has grown at a compound annual growth rate (CAGR) of 58.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.8% | -3.6% | -18.0% |
| 2022 | -23.7% | -13.5% | +8.8% |
| 2021 | +57.8% | +58.6% | +13.2% |
| 2020 | -3.8% | -27.3% | +23.1% |
| 2019 | -10.0% | +12.2% | -26.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boothbay Region Community Resource 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 Boothbay Region Community Resource 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Boothbay Region Community Resource Council
Is Boothbay Region Community Resource Council a legitimate charity?
Boothbay Region Community Resource Council (EIN: 464822598) is a registered tax-exempt nonprofit based in Maine. It has 10 years of IRS 990 filings on record. Total revenue: $538K. No red flags identified. Financial health grade: A.
How does Boothbay Region Community Resource Council spend its money?
Boothbay Region Community Resource Council reported $538K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Boothbay Region Community Resource Council tax-deductible?
Boothbay Region Community Resource Council is registered as a tax-exempt nonprofit (EIN: 464822598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boothbay Region Community Resource Council located?
Boothbay Region Community Resource Council is headquartered in Boothbay Hbr, Maine and files with the IRS under EIN 464822598. It is classified under NTEE code W99.
How many years of IRS 990 filings does Boothbay Region Community Resource Council have?
Boothbay Region Community Resource Council has 10 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 $538K in total revenue.
Filing History
IRS 990 filing history for Boothbay Region Community Resource Council showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Boothbay Region Community Resource Council's revenue has grown by 6175%, moving from $7K to $429K. Total assets increased by 45998300% over the same period, from $1 to $460K. Total functional expenses rose by 6107.8%, from $7K to $424K. In its most recent filing year (2023), Boothbay Region Community Resource Council reported a surplus of $5K, with revenue exceeding expenses. The organization holds $2K in liabilities against $460K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $458K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $429K | $424K | $460K | $2K | — | — |
| 2022 | $460K | $440K | $561K | $107K | — | View 990 |
| 2021 | $602K | $508K | $515K | $82K | — | View 990 |
| 2020 | $382K | $320K | $455K | $127K | — | — |
| 2019 | $397K | $441K | $370K | $103K | — | View 990 |
| 2018 | $441K | $393K | $503K | $192K | — | View 990 |
| 2017 | $370K | $305K | $516K | $252K | — | View 990 |
| 2016 | $303K | $215K | $402K | $204K | — | View 990 |
| 2015 | $274K | $195K | $304K | $7K | — | View 990 |
| 2014 | $7K | $7K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $429K, expenses of $424K, and assets of $460K (revenue -6.8% year-over-year).
- 2022: Revenue of $460K, expenses of $440K, and assets of $561K (revenue -23.7% year-over-year).
- 2021: Revenue of $602K, expenses of $508K, and assets of $515K (revenue +57.8% year-over-year).
- 2020: Revenue of $382K, expenses of $320K, and assets of $455K (revenue -3.8% year-over-year).
- 2019: Revenue of $397K, expenses of $441K, and assets of $370K (revenue -10.0% year-over-year).
- 2018: Revenue of $441K, expenses of $393K, and assets of $503K (revenue +19.3% year-over-year).
- 2017: Revenue of $370K, expenses of $305K, and assets of $516K (revenue +21.9% year-over-year).
- 2016: Revenue of $303K, expenses of $215K, and assets of $402K (revenue +10.5% year-over-year).
- 2015: Revenue of $274K, expenses of $195K, and assets of $304K (revenue +3916.1% year-over-year).
- 2014: Revenue of $7K, expenses of $7K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boothbay Region Community Resource Council:
Data Sources and Methodology
This transparency report for Boothbay Region Community Resource 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.