Bridgton Recreational Advancement Group Inc

Bridgton Recreational Advancement Group Inc reports zero revenue and assets in its latest filing, suggesting inactivity.

EIN: 10513330 · Bridgton, ME · NTEE: P80 · Updated: 2026-03-28

$0Revenue

$0Assets

65/100Mission Score (Good)

P80

About Bridgton Recreational Advancement Group Inc

Bridgton Recreational Advancement Group Inc (EIN: 10513330) is a nonprofit organization based in Bridgton, ME, classified under NTEE code P80. 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 Bridgton Recreational Advancement Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Bridgton Recreational Advancement Group Inc (BRAG) appears to be a very small, volunteer-run organization based on its financial filings. The latest available data shows zero revenue and assets, suggesting it may be inactive or in the process of winding down. In prior years, its revenue and expenses were modest, typically in the tens of thousands of dollars. For example, in 2018, it reported $27,443 in revenue and $27,297 in expenses. The organization consistently reported no liabilities and no officer compensation, indicating a strong financial position in terms of debt and a reliance on unpaid leadership. 

Given the absence of officer compensation and the relatively small scale of operations, it's reasonable to infer that a significant portion of its spending would likely be directed towards its programs, although specific program spending ratios are not detailed in the provided summary. The consistent reporting of zero liabilities across all periods is a positive indicator of financial prudence. However, the current status of zero revenue and assets raises questions about its ongoing operational capacity and future viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bridgton Recreational Advancement Group Inc with a Mission Score of 65 out of 100 (Good). 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, Bridgton Recreational Advancement Group 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

No officer compensation has been reported across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is common for very small nonprofits.

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 Bridgton Recreational Advancement Group Inc's IRS 990 filings:

Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or dissolution.
Significant fluctuations in revenue and expenses over the years, from $233,241 revenue in 2011 to $10,853 in 2016.

Strengths

The following positive indicators were identified for Bridgton Recreational Advancement Group Inc:

Consistently reported $0 liabilities across all filings, indicating no debt.
No officer compensation reported, suggesting a volunteer-driven model and efficient use of funds for mission-related activities.
Historically maintained positive assets, such as $73,594 in 2011 and $44,702 in 2015.

Frequently Asked Questions about Bridgton Recreational Advancement Group Inc

Is Bridgton Recreational Advancement Group Inc still active?

The latest filing showing $0 revenue and $0 assets suggests the organization may no longer be active or is in a dormant state. Further investigation would be needed to confirm its current operational status.

How does BRAG fund its operations?

In its active years, BRAG primarily relied on contributions, with revenues ranging from $10,853 to $233,241. The absence of officer compensation indicates a reliance on volunteer efforts rather than paid staff.

What is BRAG's financial stability?

Historically, BRAG maintained a stable financial position with positive assets and no reported liabilities. However, the latest filing of $0 assets and revenue indicates a significant change, raising concerns about its current financial stability.

Filing History

IRS 990 filing history for Bridgton Recreational Advancement Group Inc showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2018), Bridgton Recreational Advancement Group Inc's revenue has declined by 88.2%, moving from $233K to $27K. Total assets decreased by 65.7% over the same period, from $74K to $25K. Total functional expenses rose by 42.2%, from $19K to $27K. In its most recent filing year (2018), Bridgton Recreational Advancement Group Inc reported a surplus of $146, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2018	$27K	$27K	$25K	$0	—	View 990
2017	$40K	$37K	$25K	$0	—	View 990
2016	$11K	$33K	$23K	$0	—	View 990
2015	$38K	$20K	$45K	$0	—	View 990
2014	$29K	$41K	$27K	$0	—	View 990
2013	$80K	$64K	$39K	$0	—	View 990
2012	$90K	$111K	$24K	$0	—	View 990
2011	$233K	$19K	$74K	$0	—	View 990

Year-by-Year Financial Summary

2018: Revenue of $27K, expenses of $27K, and assets of $25K (revenue -30.6% year-over-year).
2017: Revenue of $40K, expenses of $37K, and assets of $25K (revenue +264.4% year-over-year).
2016: Revenue of $11K, expenses of $33K, and assets of $23K (revenue -71.1% year-over-year).
2015: Revenue of $38K, expenses of $20K, and assets of $45K (revenue +29.8% year-over-year).
2014: Revenue of $29K, expenses of $41K, and assets of $27K (revenue -63.8% year-over-year).
2013: Revenue of $80K, expenses of $64K, and assets of $39K (revenue -11.4% year-over-year).
2012: Revenue of $90K, expenses of $111K, and assets of $24K (revenue -61.3% year-over-year).
2011: Revenue of $233K, expenses of $19K, and assets of $74K.

Data Sources and Methodology

This transparency report for Bridgton Recreational Advancement Group 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.