Bucksport Community Concerns Inc

Bucksport Community Concerns Inc faces recent deficit despite historical asset stability and volunteer leadership.

EIN: 10377986 · Bucksport, ME · Updated: 2026-03-28

$70KRevenue

$95KAssets

75/100Mission Score (Good)

About Bucksport Community Concerns Inc

Bucksport Community Concerns Inc (EIN: 10377986) is a nonprofit organization based in Bucksport, ME. The organization reported total revenue of $70K and total assets of $95K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bucksport Community Concerns Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Bucksport Community Concerns Inc demonstrates a consistent operational history with modest revenue and expenses, typical for a small community-focused organization. Over the past several years, the organization has generally maintained a healthy asset base relative to its annual revenue, indicating financial stability. For instance, in 2024, assets stood at $111,465 against revenues of $55,562. However, the most recent filing (202409) shows expenses ($103,047) significantly exceeding revenue ($55,562), resulting in a substantial deficit for that period. This trend of expenses occasionally outpacing revenue is visible in other years as well, such as 2023, 2018, and 2017, suggesting a need for careful financial planning or increased fundraising efforts to ensure long-term sustainability.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available, indicating adherence to regulatory requirements. A notable strength is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially maximizing funds for programs. The absence of liabilities in all reported periods is also a positive indicator of sound financial management, avoiding debt burdens.

While specific program spending percentages are not detailed in the provided summary, the overall financial picture suggests a lean operation. The fluctuating revenue and expense figures, particularly the recent deficit, warrant closer examination to understand the underlying causes and the organization's strategy for addressing them. Given its small scale and community focus, maintaining a strong asset base and avoiding debt are crucial for its continued impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bucksport Community Concerns Inc with a Mission Score of 75 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Bucksport Community Concerns Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is commendable for a small nonprofit and maximizes resources for 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 Bucksport Community Concerns Inc's IRS 990 filings:

Significant deficit in the most recent filing (202409), with expenses ($103,047) far exceeding revenue ($55,562).
Inconsistent revenue generation and expense control over several years, leading to periods of deficit (e.g., 2023, 2018, 2017).

Strengths

The following positive indicators were identified for Bucksport Community Concerns Inc:

Consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance.
0% officer compensation reported across all filings, indicating volunteer leadership or highly efficient compensation practices.
No reported liabilities in any of the available filing periods, suggesting strong debt management.
Maintained a healthy asset base relative to annual revenue for most periods, indicating financial stability.

Frequently Asked Questions about Bucksport Community Concerns Inc

How does Bucksport Community Concerns Inc plan to address the significant deficit reported in the 202409 period, where expenses ($103,047) nearly doubled revenue ($55,562)?

The provided data does not detail specific plans, but the organization would need to either increase fundraising, reduce expenses, or utilize its asset reserves to cover such a shortfall. This recent trend warrants further investigation into their financial strategy.

What specific programs does Bucksport Community Concerns Inc operate, and how do they measure their impact?

The provided IRS 990 summary does not detail specific program activities or impact metrics. Further review of their full 990 forms or organizational website would be necessary to understand their programmatic focus.

Given the fluctuating revenue and expenses, what strategies does the organization employ for financial sustainability?

While the organization has maintained a healthy asset base historically, the variability in annual financial performance suggests a need for robust financial planning. The consistent lack of liabilities is a positive sign of fiscal prudence.

Filing History

IRS 990 filing history for Bucksport Community Concerns Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Bucksport Community Concerns Inc's revenue has grown by 4.7%, moving from $53K to $56K. Total assets increased by 8.4% over the same period, from $103K to $111K. Total functional expenses rose by 45.2%, from $71K to $103K. In its most recent filing year (2024), Bucksport Community Concerns Inc reported a deficit of $47K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$56K	$103K	$111K	$0	—	—
2023	$58K	$62K	$159K	$0	—	View 990
2022	$58K	$55K	$164K	$0	—	View 990
2021	$66K	$39K	$161K	$0	—	View 990
2020	$78K	$51K	$133K	$0	—	View 990
2019	$60K	$60K	$106K	$0	—	View 990
2018	$50K	$62K	$105K	$0	—	View 990
2017	$55K	$62K	$117K	$0	—	View 990
2016	$62K	$64K	$124K	$0	—	View 990
2015	$69K	$60K	$126K	$0	—	View 990
2014	$61K	$49K	$118K	$0	—	View 990
2013	$57K	$51K	$106K	$0	—	View 990
2012	$57K	$60K	$99K	$0	—	View 990
2011	$53K	$71K	$103K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $56K, expenses of $103K, and assets of $111K (revenue -3.6% year-over-year).
2023: Revenue of $58K, expenses of $62K, and assets of $159K (revenue -0.6% year-over-year).
2022: Revenue of $58K, expenses of $55K, and assets of $164K (revenue -12.4% year-over-year).
2021: Revenue of $66K, expenses of $39K, and assets of $161K (revenue -15.5% year-over-year).
2020: Revenue of $78K, expenses of $51K, and assets of $133K (revenue +29.7% year-over-year).
2019: Revenue of $60K, expenses of $60K, and assets of $106K (revenue +20.4% year-over-year).
2018: Revenue of $50K, expenses of $62K, and assets of $105K (revenue -8.5% year-over-year).
2017: Revenue of $55K, expenses of $62K, and assets of $117K (revenue -11.8% year-over-year).
2016: Revenue of $62K, expenses of $64K, and assets of $124K (revenue -9.3% year-over-year).
2015: Revenue of $69K, expenses of $60K, and assets of $126K (revenue +12.6% year-over-year).
2014: Revenue of $61K, expenses of $49K, and assets of $118K (revenue +6.9% year-over-year).
2013: Revenue of $57K, expenses of $51K, and assets of $106K (revenue +0.4% year-over-year).
2012: Revenue of $57K, expenses of $60K, and assets of $99K (revenue +7.1% year-over-year).
2011: Revenue of $53K, expenses of $71K, and assets of $103K.

Data Sources and Methodology

This transparency report for Bucksport Community Concerns 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.