Bridgton & Waterford School Age Child Care Association Inc
Small child care nonprofit shows recent operating deficits, but maintains zero officer compensation.
EIN: 10473073 · N Bridgton, ME · NTEE: P33Z · Updated: 2026-03-28
Is Bridgton & Waterford School Age Child Care Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bridgton & Waterford School Age Child Care Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bridgton & Waterford School Age Child Care Association Inc
Bridgton & Waterford School Age Child Care Association Inc (EIN: 10473073) is a nonprofit organization based in N Bridgton, ME, classified under NTEE code P33Z. The organization reported total revenue of $125K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridgton & Waterford School Age Child Care Association Inc'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 Bridgton & Waterford School Age Child Care Association Inc with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bridgton & Waterford School Age Child Care Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries, which is highly commendable for an organization of this size and suggests resources are fully directed to its mission.
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 & Waterford School Age Child Care Association Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2022 and 2023), leading to asset depletion.
- Declining asset base from a high of $119,530 in 2014 to $54,811 in 2023.
Strengths
The following positive indicators were identified for Bridgton & Waterford School Age Child Care Association Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Consistently low or zero liabilities, demonstrating good short-term financial management.
- Long history of consistent IRS 990 filings, indicating good transparency.
Frequently Asked Questions about Bridgton & Waterford School Age Child Care Association Inc
Is Bridgton & Waterford School Age Child Care Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridgton & Waterford School Age Child Care Association Inc (EIN: 10473073) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does Bridgton & Waterford School Age Child Care Association Inc spend its money?
Bridgton & Waterford School Age Child Care Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bridgton & Waterford School Age Child Care Association Inc tax-deductible?
Bridgton & Waterford School Age Child Care Association Inc is registered as a tax-exempt nonprofit (EIN: 10473073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bridgton & Waterford School Age Child Care Association Inc financially stable?
The organization has experienced operating deficits in recent years (e.g., $130,235 expenses vs. $102,216 revenue in 2023), leading to a decline in assets from a peak of $119,530 in 2014 to $54,811 in 2023. While not immediately critical given their asset base, a continued trend of expenses exceeding revenue could impact long-term stability.
How does the organization manage its liabilities?
Bridgton & Waterford School Age Child Care Association Inc has reported $0 in liabilities for most recent periods (2015-2023), indicating strong short-term financial management and a lack of outstanding debt.
What is the trend in the organization's revenue?
Revenue has fluctuated over the years, peaking at $160,279 in 2018 and declining to $102,216 in 2023. This suggests some inconsistency in funding or service demand.
Filing History
IRS 990 filing history for Bridgton & Waterford School Age Child Care Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bridgton & Waterford School Age Child Care Association Inc's revenue has grown by 37.5%, moving from $74K to $102K. Total assets increased by 4.2% over the same period, from $53K to $55K. Total functional expenses rose by 68.2%, from $77K to $130K. In its most recent filing year (2023), Bridgton & Waterford School Age Child Care Association Inc reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $130K | $55K | $0 | — | View 990 |
| 2022 | $97K | $105K | $83K | $0 | — | View 990 |
| 2018 | $160K | $147K | $119K | $0 | — | View 990 |
| 2017 | $141K | $143K | $104K | $0 | — | — |
| 2016 | $114K | $116K | $106K | $0 | — | — |
| 2015 | $111K | $111K | $108K | $0 | — | View 990 |
| 2014 | $105K | $80K | $120K | $2K | — | View 990 |
| 2013 | $104K | $81K | $95K | $2K | — | View 990 |
| 2012 | $106K | $89K | $72K | $2K | — | View 990 |
| 2011 | $74K | $77K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $130K, and assets of $55K (revenue +5.8% year-over-year).
- 2022: Revenue of $97K, expenses of $105K, and assets of $83K (revenue -39.7% year-over-year).
- 2018: Revenue of $160K, expenses of $147K, and assets of $119K (revenue +14.1% year-over-year).
- 2017: Revenue of $141K, expenses of $143K, and assets of $104K (revenue +23.2% year-over-year).
- 2016: Revenue of $114K, expenses of $116K, and assets of $106K (revenue +2.6% year-over-year).
- 2015: Revenue of $111K, expenses of $111K, and assets of $108K (revenue +5.8% year-over-year).
- 2014: Revenue of $105K, expenses of $80K, and assets of $120K (revenue +0.8% year-over-year).
- 2013: Revenue of $104K, expenses of $81K, and assets of $95K (revenue -2.2% year-over-year).
- 2012: Revenue of $106K, expenses of $89K, and assets of $72K (revenue +43.2% year-over-year).
- 2011: Revenue of $74K, expenses of $77K, and assets of $53K.
Data Sources and Methodology
This transparency report for Bridgton & Waterford School Age Child Care Association 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.