Boothbay Region Garden Club Inc

Boothbay Region Garden Club Inc maintains strong assets and zero liabilities with volunteer leadership.

EIN: 200324602 · Boothbay, ME · NTEE: C42 · Updated: 2026-03-28

$33KRevenue

$123KAssets

95/100Mission Score (Excellent)

C42

About Boothbay Region Garden Club Inc

Boothbay Region Garden Club Inc (EIN: 200324602) is a nonprofit organization based in Boothbay, ME, classified under NTEE code C42. The organization reported total revenue of $33K and total assets of $123K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boothbay Region Garden Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Boothbay Region Garden Club Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, assets have generally remained above $100,000, reaching $120,854 in the latest filing (202405) against revenue of $42,571. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt. While revenue has fluctuated, ranging from a low of $4,290 in 202105 to a high of $42,571 in 202405, the club has managed its expenses effectively, often operating with a surplus or a modest deficit. The absence of officer compensation further enhances its transparency and commitment to directing resources towards its mission.

The organization's spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that the club is primarily volunteer-run, minimizing administrative overhead related to salaries. With total expenses of $26,464 in the latest period (202405) against revenue of $42,571, the club generated a surplus, indicating sound financial planning. The consistent asset base and lack of liabilities are strong indicators of prudent financial stewardship.

Transparency is a significant strength for the Boothbay Region Garden Club Inc. The consistent filing of IRS Form 990s over many years, coupled with the clear reporting of zero liabilities and zero officer compensation, provides a very clear picture of its financial operations. This level of transparency, especially for an organization of its size, is commendable and builds trust with donors and the community.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Boothbay Region Garden Club Inc with a Mission Score of 95 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: 90%
fundraising: 0%

According to IRS 990 filings, Boothbay Region Garden Club Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-led at the officer level, which is highly efficient for an organization of its size.

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 Boothbay Region Garden Club Inc:

Consistent reporting of 0% officer compensation, indicating volunteer leadership.
Zero liabilities reported across all filings, demonstrating strong financial health.
Healthy and stable asset base (e.g., $120,854 in 202405) relative to annual revenue.
Consistent IRS 990 filing history, indicating strong transparency and compliance.
Positive net income in the latest filing (202405: Revenue $42,571, Expenses $26,464).

Frequently Asked Questions about Boothbay Region Garden Club Inc

Is Boothbay Region Garden Club Inc a good charity?

Based on its financial data, the Boothbay Region Garden Club Inc appears to be a very good charity. It consistently maintains a healthy asset base, reports zero liabilities, and operates with 0% officer compensation, indicating high efficiency and a strong commitment to its mission.

How does the organization manage its finances given fluctuating revenue?

Despite revenue fluctuations (e.g., $4,290 in 202105 vs. $42,571 in 202405), the organization has consistently maintained assets above $100,000 and zero liabilities, demonstrating prudent financial management and an ability to adapt expenses or build reserves.

What is the primary source of funding for the club?

While specific revenue sources are not detailed in the provided summary, the consistent revenue generation and asset base suggest a stable mix of membership dues, donations, and potentially fundraising activities, all contributing to its financial health.

Filing History

IRS 990 filing history for Boothbay Region Garden Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Boothbay Region Garden Club Inc's revenue has grown by 76.7%, moving from $24K to $43K. Total assets increased by 75.9% over the same period, from $69K to $121K. Total functional expenses rose by 2.3%, from $26K to $26K. In its most recent filing year (2024), Boothbay Region Garden Club Inc reported a surplus of $16K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$43K	$26K	$121K	$0	—	—
2023	$23K	$28K	$99K	$0	—	View 990
2022	$14K	$22K	$106K	$0	—	—
2021	$4K	$18K	$125K	$0	—	—
2020	$30K	$33K	$108K	$0	—	View 990
2019	$27K	$29K	$111K	$0	—	View 990
2018	$31K	$27K	$113K	$0	—	View 990
2017	$36K	$27K	$109K	$0	—	View 990
2016	$26K	$26K	$100K	$0	—	View 990
2015	$32K	$28K	$100K	$0	—	View 990
2014	$57K	$24K	$96K	$0	—	View 990
2013	$23K	$27K	$64K	$0	—	View 990
2012	$24K	$26K	$69K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $43K, expenses of $26K, and assets of $121K (revenue +86.9% year-over-year).
2023: Revenue of $23K, expenses of $28K, and assets of $99K (revenue +64.7% year-over-year).
2022: Revenue of $14K, expenses of $22K, and assets of $106K (revenue +222.3% year-over-year).
2021: Revenue of $4K, expenses of $18K, and assets of $125K (revenue -85.8% year-over-year).
2020: Revenue of $30K, expenses of $33K, and assets of $108K (revenue +10.3% year-over-year).
2019: Revenue of $27K, expenses of $29K, and assets of $111K (revenue -11.9% year-over-year).
2018: Revenue of $31K, expenses of $27K, and assets of $113K (revenue -13.9% year-over-year).
2017: Revenue of $36K, expenses of $27K, and assets of $109K (revenue +38.6% year-over-year).
2016: Revenue of $26K, expenses of $26K, and assets of $100K (revenue -17.9% year-over-year).
2015: Revenue of $32K, expenses of $28K, and assets of $100K (revenue -43.9% year-over-year).
2014: Revenue of $57K, expenses of $24K, and assets of $96K (revenue +146.2% year-over-year).
2013: Revenue of $23K, expenses of $27K, and assets of $64K (revenue -4.6% year-over-year).
2012: Revenue of $24K, expenses of $26K, and assets of $69K.

Data Sources and Methodology

This transparency report for Boothbay Region Garden Club Inc 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.