Bucksport Area Child Care Center Inc
Bucksport Area Child Care Center Inc maintains stable operations with zero reported officer compensation.
EIN: 10449192 · Bucksport, ME · NTEE: P31Z · Updated: 2026-03-28
About Bucksport Area Child Care Center Inc
Bucksport Area Child Care Center Inc (EIN: 10449192) is a nonprofit organization based in Bucksport, ME, classified under NTEE code P31Z. The organization reported total revenue of $445K and total assets of $60K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bucksport Area Child Care Center 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 Bucksport Area Child Care Center Inc with a Mission Score of 90 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, Bucksport Area Child Care Center 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 has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer or compensated through non-officer roles, which is highly favorable for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Bucksport Area Child Care Center Inc:
- Consistent 0% officer compensation reported across all filings.
- Very low liabilities, indicating minimal debt and strong financial solvency.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
- Stable revenue and expense patterns over a decade, showing operational consistency.
- Positive trend in assets, growing from $65,413 in 2019 to $140,892 in 2023.
Frequently Asked Questions about Bucksport Area Child Care Center Inc
Is Bucksport Area Child Care Center Inc a good charity?
Based on the available financial data, Bucksport Area Child Care Center Inc appears to be a good charity. It consistently reports 0% officer compensation, maintains low liabilities, and has a stable financial history with consistent asset growth. This suggests efficient use of funds and strong governance.
How has the organization's financial health changed over time?
The organization's financial health has remained relatively stable, with revenues and expenses generally balanced. Assets have shown a positive trend, increasing from $65,413 in 2019 to $140,892 in 2023, while liabilities have consistently remained very low, indicating prudent financial management.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% reported officer compensation in all available filings. This suggests a strong commitment to directing funds towards program services rather than administrative overhead.
Filing History
IRS 990 filing history for Bucksport Area Child Care Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bucksport Area Child Care Center Inc's revenue has grown by 45.4%, moving from $336K to $489K. Total assets increased by 48.2% over the same period, from $95K to $141K. Total functional expenses rose by 58.3%, from $320K to $506K. In its most recent filing year (2023), Bucksport Area Child Care Center Inc reported a deficit of $17K, with expenses exceeding revenue. The organization holds $454 in liabilities against $141K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $140K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $489K | $506K | $141K | $454 | — | View 990 |
| 2022 | $530K | $451K | $158K | $1K | — | View 990 |
| 2021 | $360K | $364K | $79K | $853 | — | View 990 |
| 2020 | $405K | $387K | $91K | $9K | — | View 990 |
| 2019 | $314K | $331K | $65K | $1K | — | View 990 |
| 2018 | $306K | $315K | $82K | $957 | — | View 990 |
| 2017 | $330K | $314K | $90K | $507 | — | View 990 |
| 2016 | $323K | $320K | $73K | $507 | — | View 990 |
| 2015 | $321K | $339K | $70K | $506 | — | View 990 |
| 2014 | $331K | $335K | $91K | $40 | — | View 990 |
| 2013 | $339K | $349K | $92K | $80 | — | View 990 |
| 2012 | $342K | $343K | $98K | $81 | — | View 990 |
| 2011 | $336K | $320K | $95K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $489K, expenses of $506K, and assets of $141K (revenue -7.8% year-over-year).
- 2022: Revenue of $530K, expenses of $451K, and assets of $158K (revenue +47.1% year-over-year).
- 2021: Revenue of $360K, expenses of $364K, and assets of $79K (revenue -10.9% year-over-year).
- 2020: Revenue of $405K, expenses of $387K, and assets of $91K (revenue +28.9% year-over-year).
- 2019: Revenue of $314K, expenses of $331K, and assets of $65K (revenue +2.7% year-over-year).
- 2018: Revenue of $306K, expenses of $315K, and assets of $82K (revenue -7.4% year-over-year).
- 2017: Revenue of $330K, expenses of $314K, and assets of $90K (revenue +2.2% year-over-year).
- 2016: Revenue of $323K, expenses of $320K, and assets of $73K (revenue +0.6% year-over-year).
- 2015: Revenue of $321K, expenses of $339K, and assets of $70K (revenue -2.9% year-over-year).
- 2014: Revenue of $331K, expenses of $335K, and assets of $91K (revenue -2.5% year-over-year).
- 2013: Revenue of $339K, expenses of $349K, and assets of $92K (revenue -0.8% year-over-year).
- 2012: Revenue of $342K, expenses of $343K, and assets of $98K (revenue +1.8% year-over-year).
- 2011: Revenue of $336K, expenses of $320K, and assets of $95K.
Data Sources and Methodology
This transparency report for Bucksport Area Child Care Center 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.