Boothbay Shores Association
Boothbay Shores Association reports no revenue or assets in its latest filing.
EIN: 10347344 · East Boothbay, ME · NTEE: L50 · Updated: 2026-03-28
Is Boothbay Shores Association Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boothbay Shores Association
Boothbay Shores Association (EIN: 10347344) is a nonprofit organization based in East Boothbay, ME, classified under NTEE code L50. 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 Boothbay Shores Association'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 Boothbay Shores Association with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Boothbay Shores Association allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation data is available as the organization reported $0 in revenue and assets, suggesting no paid staff or significant financial operations.
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.
Red Flags
The following concerns were identified during AI analysis of Boothbay Shores Association's IRS 990 filings:
- No reported revenue or assets, suggesting inactivity or very early stage.
- Lack of financial data prevents any meaningful analysis of operations.
Strengths
The following positive indicators were identified for Boothbay Shores Association:
- No reported debt or liabilities based on $0 assets.
Frequently Asked Questions about Boothbay Shores Association
Is Boothbay Shores Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Boothbay Shores Association (EIN: 10347344) significant concerns. Mission Score: 20/100. 2 red flags identified, 1 strength noted.
How does Boothbay Shores Association spend its money?
Detailed spending breakdown data is not yet available for Boothbay Shores Association. Check back for updated IRS 990 analysis.
Are donations to Boothbay Shores Association tax-deductible?
Boothbay Shores Association is registered as a tax-exempt nonprofit (EIN: 10347344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Boothbay Shores Association a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, there is no financial activity to evaluate its effectiveness as a charity. It's impossible to determine if it's 'good' without operational data.
What programs does Boothbay Shores Association run?
The IRS 990 data does not provide details on specific programs, as the organization reported no financial activity ($0 revenue, $0 assets).
How does Boothbay Shores Association spend its money?
According to its latest filing, Boothbay Shores Association reported $0 in revenue and $0 in expenses, indicating no financial spending to analyze.
Data Sources and Methodology
This transparency report for Boothbay Shores Association 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.