C Wilkes Babb Tr Uw Key Bk Of Southwrn Me
Small trust maintains stable assets with zero officer compensation amidst fluctuating annual revenues.
EIN: 16040921 · Portland, ME · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $20K |
| Program Spending | 90% |
| Net Assets | $537K |
| Transparency Score | 85/100 |
Is C Wilkes Babb Tr Uw Key Bk Of Southwrn Me Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C Wilkes Babb Tr Uw Key Bk Of Southwrn Me directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About C Wilkes Babb Tr Uw Key Bk Of Southwrn Me
C Wilkes Babb Tr Uw Key Bk Of Southwrn Me (EIN: 16040921) is a nonprofit organization based in Portland, ME, classified under NTEE code T20. The organization reported total revenue of $117K and total assets of $528K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C Wilkes Babb Tr Uw Key Bk Of Southwrn Me's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C Wilkes Babb Tr Uw Key Bk Of Southwrn Me is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $20K |
| Surplus / Deficit | $-2,137 |
| Total Assets | $537K |
| Total Liabilities | $1 |
| Net Assets | $537K |
| Operating Margin | -12.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 330.5 months |
Financial Health Grade: B
In 2023, C Wilkes Babb Tr Uw Key Bk Of Southwrn Me reported a deficit of $2K with expenses exceeding revenue, holds 330.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), C Wilkes Babb Tr Uw Key Bk Of Southwrn Me's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.6% | -60.7% | -0.4% |
| 2022 | -6.0% | +3.1% | +0.7% |
| 2021 | +49.6% | +7.3% | +1.7% |
| 2020 | +3.5% | -0.3% | -1.3% |
| 2019 | +41.6% | +11.9% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates C Wilkes Babb Tr Uw Key Bk Of Southwrn Me with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, C Wilkes Babb Tr Uw Key Bk Of Southwrn Me 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly favorable for a nonprofit of its 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.
Red Flags
The following concerns were identified during AI analysis of C Wilkes Babb Tr Uw Key Bk Of Southwrn Me's IRS 990 filings:
- Lack of detailed expense breakdown in filings
- Revenue volatility year-over-year
Strengths
The following positive indicators were identified for C Wilkes Babb Tr Uw Key Bk Of Southwrn Me:
- Zero officer compensation reported across all filings
- Consistently low to zero liabilities
- Stable asset base over a decade
- Strong financial health indicators (e.g., minimal debt)
Frequently Asked Questions about C Wilkes Babb Tr Uw Key Bk Of Southwrn Me
Is C Wilkes Babb Tr Uw Key Bk Of Southwrn Me a legitimate charity?
C Wilkes Babb Tr Uw Key Bk Of Southwrn Me (EIN: 16040921) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $117K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does C Wilkes Babb Tr Uw Key Bk Of Southwrn Me spend its money?
C Wilkes Babb Tr Uw Key Bk Of Southwrn Me directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to C Wilkes Babb Tr Uw Key Bk Of Southwrn Me tax-deductible?
C Wilkes Babb Tr Uw Key Bk Of Southwrn Me is registered as a tax-exempt nonprofit (EIN: 16040921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does C Wilkes Babb Tr Uw Key Bk Of Southwrn Me compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), C Wilkes Babb Tr Uw Key Bk Of Southwrn Me is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is C Wilkes Babb Tr Uw Key Bk Of Southwrn Me located?
C Wilkes Babb Tr Uw Key Bk Of Southwrn Me is headquartered in Portland, Maine and files with the IRS under EIN 16040921. It is classified under NTEE code T20.
How many years of IRS 990 filings does C Wilkes Babb Tr Uw Key Bk Of Southwrn Me have?
C Wilkes Babb Tr Uw Key Bk Of Southwrn Me has 10 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 $117K in total revenue.
What is the specific mission or program activity of C Wilkes Babb Tr Uw Key Bk Of Southwrn Me?
Based on the NTEE code T20 (Foundations, Grantmaking & Giving Services), this organization is likely a grantmaking trust. However, the filings do not provide specific details on its grant recipients or programmatic focus.
How does the organization manage its expenses when revenue fluctuates significantly?
The organization's expenses generally track its revenue, though there are periods where expenses exceed revenue (e.g., 2023: $19,510 expenses vs. $17,373 revenue) and periods where revenue significantly exceeds expenses (e.g., 2012: $97,726 revenue vs. $35,689 expenses). Its stable asset base suggests it can absorb shortfalls without significant financial distress.
Why are liabilities consistently reported as $0 or $1?
The consistent reporting of minimal liabilities ($0 or $1) indicates a very strong financial position with virtually no outstanding debts or obligations, which is a positive sign of financial health and prudent management.
Filing History
IRS 990 filing history for C Wilkes Babb Tr Uw Key Bk Of Southwrn Me showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), C Wilkes Babb Tr Uw Key Bk Of Southwrn Me's revenue has declined by 65.8%, moving from $51K to $17K. Total assets increased by 16.2% over the same period, from $462K to $537K. Total functional expenses fell by 43.3%, from $34K to $20K. In its most recent filing year (2023), C Wilkes Babb Tr Uw Key Bk Of Southwrn Me reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $537K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $537K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17K | $20K | $537K | $1 | — | — |
| 2022 | $54K | $50K | $539K | $1 | — | View 990 |
| 2021 | $57K | $48K | $535K | $1 | — | — |
| 2020 | $38K | $45K | $527K | $1 | — | — |
| 2019 | $37K | $45K | $533K | $0 | — | View 990 |
| 2015 | $26K | $40K | $529K | $0 | — | View 990 |
| 2014 | $66K | $36K | $544K | $0 | — | View 990 |
| 2013 | $28K | $39K | $514K | $0 | — | View 990 |
| 2012 | $98K | $36K | $524K | $3 | — | View 990 |
| 2011 | $51K | $34K | $462K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17K, expenses of $20K, and assets of $537K (revenue -67.6% year-over-year).
- 2022: Revenue of $54K, expenses of $50K, and assets of $539K (revenue -6.0% year-over-year).
- 2021: Revenue of $57K, expenses of $48K, and assets of $535K (revenue +49.6% year-over-year).
- 2020: Revenue of $38K, expenses of $45K, and assets of $527K (revenue +3.5% year-over-year).
- 2019: Revenue of $37K, expenses of $45K, and assets of $533K (revenue +41.6% year-over-year).
- 2015: Revenue of $26K, expenses of $40K, and assets of $529K (revenue -60.4% year-over-year).
- 2014: Revenue of $66K, expenses of $36K, and assets of $544K (revenue +133.0% year-over-year).
- 2013: Revenue of $28K, expenses of $39K, and assets of $514K (revenue -71.1% year-over-year).
- 2012: Revenue of $98K, expenses of $36K, and assets of $524K (revenue +92.4% year-over-year).
- 2011: Revenue of $51K, expenses of $34K, and assets of $462K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C Wilkes Babb Tr Uw Key Bk Of Southwrn Me:
Data Sources and Methodology
This transparency report for C Wilkes Babb Tr Uw Key Bk Of Southwrn Me 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.