Bowery Beach School Building Maintenance Trust

Bowery Beach School Building Maintenance Trust maintains small asset base with minimal revenue and expenses.

EIN: 10435317 · S Portland, ME · Updated: 2026-03-28

$1KRevenue
$29KAssets
85/100Mission Score (Excellent)
Bowery Beach School Building Maintenance Trust Financial Summary
MetricValue
Total Revenue$1K
Program Spending100%
Net Assets$27K
Transparency Score85/100

Is Bowery Beach School Building Maintenance Trust Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Bowery Beach School Building Maintenance Trust directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bowery Beach School Building Maintenance Trust

Bowery Beach School Building Maintenance Trust (EIN: 10435317) is a nonprofit organization based in S Portland, ME. The organization reported total revenue of $1K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bowery Beach School Building Maintenance Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

38Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Bowery Beach School Building Maintenance Trust is a micro nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 32.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$985
Total Expenses$0
Surplus / Deficit+$985
Total Assets$28K
Total Liabilities$1
Net Assets$27K
Operating Margin100.0%
Debt-to-Asset Ratio0.0%

Financial Health Grade: A

In 2023, Bowery Beach School Building Maintenance Trust reported a surplus of $985 with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Bowery Beach School Building Maintenance Trust's revenue has grown at a compound annual growth rate (CAGR) of 32.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-17.8%-100.0%+3.7%
2022-31.7%+20.0%-6.4%
2021-56.9%-2.6%
2020+974.9%-100.0%+16.3%
2019+37700.0%+671.4%+102.3%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1988

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Bowery Beach School Building Maintenance Trust appears to be a very small organization with minimal financial activity. Its primary function, as suggested by its name, is likely to hold assets for the maintenance of a school building. Over the past five years, its revenue has fluctuated significantly, from a high of $4,063 in 2020 to a low of $378 in 2019, with the latest reported revenue at $985. Expenses are also very low, often reported as $0, which suggests that the trust primarily holds funds rather than actively spending them on programs or operations. The organization consistently reports negligible liabilities and no officer compensation, indicating a very lean operational structure and a focus on asset preservation. Given its small scale and specific purpose, its financial health is stable in terms of asset retention, but its impact is limited by its size and scope. Transparency is high due to the clear reporting of minimal activity and no executive compensation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bowery Beach School Building Maintenance Trust with a Mission Score of 85 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: 0%
  • programs: 100%
  • fundraising: 0%

According to IRS 990 filings, Bowery Beach School Building Maintenance Trust allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$985Total Revenue
$28KTotal Assets
$1Total Liabilities
$27KNet Assets
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no executives or officers are paid, which is appropriate for an organization of this size and financial activity.

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 Bowery Beach School Building Maintenance Trust's IRS 990 filings:

  • Lack of detailed program spending information
  • Fluctuating and very low revenue base

Strengths

The following positive indicators were identified for Bowery Beach School Building Maintenance Trust:

  • No executive compensation
  • Consistent asset retention relative to revenue
  • Very low liabilities
  • High transparency due to simple financial structure

Frequently Asked Questions about Bowery Beach School Building Maintenance Trust

Is Bowery Beach School Building Maintenance Trust a legitimate charity?

Bowery Beach School Building Maintenance Trust (EIN: 10435317) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Bowery Beach School Building Maintenance Trust spend its money?

Bowery Beach School Building Maintenance Trust directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Bowery Beach School Building Maintenance Trust tax-deductible?

Bowery Beach School Building Maintenance Trust is registered as a tax-exempt nonprofit (EIN: 10435317). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Bowery Beach School Building Maintenance Trust located?

Bowery Beach School Building Maintenance Trust is headquartered in S Portland, Maine and files with the IRS under EIN 10435317.

How many years of IRS 990 filings does Bowery Beach School Building Maintenance Trust have?

Bowery Beach School Building Maintenance Trust 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 $1K in total revenue.

What specific activities or projects does the Bowery Beach School Building Maintenance Trust fund?

The filings do not detail specific program activities. Given the name, it likely involves holding funds for the maintenance of the Bowery Beach School Building, but no specific projects or expenditures are listed beyond general expenses, which are often $0.

How does the organization generate its revenue?

The filings only show 'Revenue' without specifying sources. Given the small amounts, it could be from small donations, interest on assets, or minor grants, but this is not detailed in the provided data.

Why are expenses often reported as $0?

The frequent reporting of $0 expenses (e.g., 2023, 2020) suggests that in many periods, the trust primarily holds assets and incurs no operational or program-related costs, or that any minor costs are not reported as expenses on the 990-EZ form.

Filing History

IRS 990 filing history for Bowery Beach School Building Maintenance Trust showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Bowery Beach School Building Maintenance Trust's revenue has grown by 2884.8%, moving from $33 to $985. Total assets increased by 80.4% over the same period, from $15K to $28K. Total functional expenses fell by 100%, from $750 to $0. The organization holds $1 in liabilities against $28K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $985 $0 $28K $1
2022 $1K $3K $27K $1 View 990
2021 $2K $3K $28K $1 View 990
2020 $4K $0 $29K $1
2019 $378 $5K $25K $1 View 990
2015 $1 $700 $12K $1 View 990
2014 $1 $750 $13K $1 View 990
2013 $1 $750 $14K $1 View 990
2012 $61 $750 $15K $0 View 990
2011 $33 $750 $15K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $985, expenses of $0, and assets of $28K (revenue -17.8% year-over-year).
  • 2022: Revenue of $1K, expenses of $3K, and assets of $27K (revenue -31.7% year-over-year).
  • 2021: Revenue of $2K, expenses of $3K, and assets of $28K (revenue -56.9% year-over-year).
  • 2020: Revenue of $4K, expenses of $0, and assets of $29K (revenue +974.9% year-over-year).
  • 2019: Revenue of $378, expenses of $5K, and assets of $25K (revenue +37700.0% year-over-year).
  • 2015: Revenue of $1, expenses of $700, and assets of $12K (revenue +0.0% year-over-year).
  • 2014: Revenue of $1, expenses of $750, and assets of $13K (revenue +0.0% year-over-year).
  • 2013: Revenue of $1, expenses of $750, and assets of $14K (revenue -98.4% year-over-year).
  • 2012: Revenue of $61, expenses of $750, and assets of $15K (revenue +84.8% year-over-year).
  • 2011: Revenue of $33, expenses of $750, and assets of $15K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Bowery Beach School Building Maintenance Trust:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Bowery Beach School Building Maintenance Trust 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.

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