Brunswick Community Educationfoundation
EIN: 260554763 · Brunswick, ME · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $87K |
| Net Assets | $71K |
Is Brunswick Community Educationfoundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brunswick Community Educationfoundation
Brunswick Community Educationfoundation (EIN: 260554763) is a nonprofit organization based in Brunswick, ME, classified under NTEE code B12. The organization reported total revenue of $54K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brunswick Community Educationfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brunswick Community Educationfoundation is a micro nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $87K |
| Surplus / Deficit | $-46,758 |
| Total Assets | $71K |
| Net Assets | $71K |
| Operating Margin | -117.4% |
| Months of Reserves | 9.8 months |
Financial Health Grade: B
In 2022, Brunswick Community Educationfoundation reported a deficit of $47K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2016–2022), Brunswick Community Educationfoundation's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -8.3% | +77.5% | -39.9% |
| 2021 | +9.7% | +110.8% | -4.4% |
| 2020 | -32.9% | -11.8% | +15.5% |
| 2019 | +12.2% | -47.5% | +44.7% |
| 2018 | -0.3% | +11.1% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brunswick Community Educationfoundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brunswick Community Educationfoundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
Frequently Asked Questions about Brunswick Community Educationfoundation
Is Brunswick Community Educationfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Brunswick Community Educationfoundation (EIN: 260554763) insufficient data. 0 red flags identified, 0 strengths noted.
How does Brunswick Community Educationfoundation spend its money?
Detailed spending breakdown data is not yet available for Brunswick Community Educationfoundation. Check back for updated IRS 990 analysis.
Are donations to Brunswick Community Educationfoundation tax-deductible?
Brunswick Community Educationfoundation is registered as a tax-exempt nonprofit (EIN: 260554763). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brunswick Community Educationfoundation located?
Brunswick Community Educationfoundation is headquartered in Brunswick, Maine and files with the IRS under EIN 260554763. It is classified under NTEE code B12.
How many years of IRS 990 filings does Brunswick Community Educationfoundation have?
Brunswick Community Educationfoundation has 7 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 $54K in total revenue.
Filing History
IRS 990 filing history for Brunswick Community Educationfoundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Brunswick Community Educationfoundation's revenue has declined by 1.4%, moving from $40K to $40K. Total assets increased by 11.9% over the same period, from $63K to $71K. Total functional expenses rose by 140.4%, from $36K to $87K. In its most recent filing year (2022), Brunswick Community Educationfoundation reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $40K | $87K | $71K | $0 | — | View 990 |
| 2021 | $43K | $49K | $117K | $0 | — | — |
| 2020 | $40K | $23K | $123K | $0 | — | View 990 |
| 2019 | $59K | $26K | $106K | $0 | — | View 990 |
| 2018 | $53K | $50K | $73K | $0 | — | View 990 |
| 2017 | $53K | $45K | $71K | $0 | — | — |
| 2016 | $40K | $36K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $40K, expenses of $87K, and assets of $71K (revenue -8.3% year-over-year).
- 2021: Revenue of $43K, expenses of $49K, and assets of $117K (revenue +9.7% year-over-year).
- 2020: Revenue of $40K, expenses of $23K, and assets of $123K (revenue -32.9% year-over-year).
- 2019: Revenue of $59K, expenses of $26K, and assets of $106K (revenue +12.2% year-over-year).
- 2018: Revenue of $53K, expenses of $50K, and assets of $73K (revenue -0.3% year-over-year).
- 2017: Revenue of $53K, expenses of $45K, and assets of $71K (revenue +30.6% year-over-year).
- 2016: Revenue of $40K, expenses of $36K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brunswick Community Educationfoundation:
Data Sources and Methodology
This transparency report for Brunswick Community Educationfoundation 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.