Cambodian Arts And Scholarship Foundation
Cambodian Arts And Scholarship Foundation's assets have declined by over 80% in a decade, with recent filings showing $0 revenue and assets.
EIN: 10544749 · Portland, ME · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $40K |
| Program Spending | 75% |
| Net Assets | $66K |
| Transparency Score | 45/100 |
Is Cambodian Arts And Scholarship Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cambodian Arts And Scholarship Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cambodian Arts And Scholarship Foundation
Cambodian Arts And Scholarship Foundation (EIN: 10544749) is a nonprofit organization based in Portland, ME, classified under NTEE code A20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cambodian Arts And Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cambodian Arts And Scholarship Foundation is a micro nonprofit that has been operating for 25 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -13.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $40K |
| Surplus / Deficit | +$818 |
| Total Assets | $66K |
| Net Assets | $66K |
| Operating Margin | 2.0% |
| Months of Reserves | 19.6 months |
Financial Health Grade: A
In 2021, Cambodian Arts And Scholarship Foundation reported a surplus of $818 with revenue exceeding expenses, holds 19.6 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Cambodian Arts And Scholarship Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +22.0% | -49.6% | -12.6% |
| 2020 | -32.1% | -35.4% | -39.2% |
| 2019 | +30.9% | +2.2% | -29.4% |
| 2018 | -32.7% | -3.0% | -35.0% |
| 2017 | +26.1% | +3.1% | -20.3% |
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 Cambodian Arts And Scholarship Foundation with a Mission Score of 45 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Cambodian Arts And Scholarship Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $818, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization. This suggests a commitment to directing funds towards the mission rather than administrative salaries, which is commendable for an organization 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.
Red Flags
The following concerns were identified during AI analysis of Cambodian Arts And Scholarship Foundation's IRS 990 filings:
- Consistent operating deficits over multiple years (e.g., 2012-2020), leading to asset depletion.
- Significant decline in total assets from $432,796 in 2012 to $65,773 in 2021.
- Latest reported revenue and assets are $0, indicating potential dormancy or cessation of operations.
- Expenses consistently exceeding revenue for most of the past decade.
Strengths
The following positive indicators were identified for Cambodian Arts And Scholarship Foundation:
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
- No officer compensation reported, suggesting a volunteer-driven model and efficient use of funds for mission-related activities.
- Positive net income reported in 2021 ($41,174 revenue vs. $40,356 expenses), showing a brief period of financial stability before the latest reported status.
Frequently Asked Questions about Cambodian Arts And Scholarship Foundation
Is Cambodian Arts And Scholarship Foundation a legitimate charity?
Cambodian Arts And Scholarship Foundation (EIN: 10544749) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 45/100. It has 11 years of IRS 990 filings on record. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Cambodian Arts And Scholarship Foundation spend its money?
Cambodian Arts And Scholarship Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Cambodian Arts And Scholarship Foundation tax-deductible?
Cambodian Arts And Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 10544749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cambodian Arts And Scholarship Foundation's spending goes to programs?
Cambodian Arts And Scholarship Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cambodian Arts And Scholarship Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Cambodian Arts And Scholarship Foundation is near average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cambodian Arts And Scholarship Foundation located?
Cambodian Arts And Scholarship Foundation is headquartered in Portland, Maine and files with the IRS under EIN 10544749. It is classified under NTEE code A20.
How many years of IRS 990 filings does Cambodian Arts And Scholarship Foundation have?
Cambodian Arts And Scholarship Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Cambodian Arts And Scholarship Foundation still operational?
The latest reported revenue and assets are $0, which strongly suggests the organization may no longer be actively operating or is in the process of dissolving. Further investigation beyond the provided summary data would be needed to confirm its current status.
What caused the significant decline in assets from $432,796 in 2012 to $65,773 in 2021?
The decline in assets is primarily due to consistent operating deficits where expenses exceeded revenue in most years. For example, in 2019, expenses were $124,041 while revenue was only $49,691, contributing to the asset depletion.
How does the organization fund its operations given the low revenue and high expenses in many years?
In years with significant deficits, the organization appears to have drawn down its existing assets to cover expenses. For instance, in 2017, revenue was $56,371 but expenses were $125,175, with the difference likely covered by asset liquidation.
Filing History
IRS 990 filing history for Cambodian Arts And Scholarship Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Cambodian Arts And Scholarship Foundation's revenue has declined by 77.6%, moving from $184K to $41K. Total assets decreased by 86.4% over the same period, from $483K to $66K. Total functional expenses fell by 71.7%, from $143K to $40K. In its most recent filing year (2021), Cambodian Arts And Scholarship Foundation reported a surplus of $818, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $41K | $40K | $66K | $0 | — | View 990 |
| 2020 | $34K | $80K | $75K | $0 | — | View 990 |
| 2019 | $50K | $124K | $124K | $0 | — | View 990 |
| 2018 | $38K | $121K | $175K | $0 | — | View 990 |
| 2017 | $56K | $125K | $270K | $0 | — | — |
| 2016 | $45K | $121K | $339K | $0 | — | View 990 |
| 2015 | $108K | $115K | $415K | $0 | — | View 990 |
| 2014 | $84K | $86K | $422K | $0 | — | View 990 |
| 2013 | $62K | $71K | $424K | $0 | — | View 990 |
| 2012 | $82K | $132K | $433K | $0 | — | View 990 |
| 2011 | $184K | $143K | $483K | $214 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $41K, expenses of $40K, and assets of $66K (revenue +22.0% year-over-year).
- 2020: Revenue of $34K, expenses of $80K, and assets of $75K (revenue -32.1% year-over-year).
- 2019: Revenue of $50K, expenses of $124K, and assets of $124K (revenue +30.9% year-over-year).
- 2018: Revenue of $38K, expenses of $121K, and assets of $175K (revenue -32.7% year-over-year).
- 2017: Revenue of $56K, expenses of $125K, and assets of $270K (revenue +26.1% year-over-year).
- 2016: Revenue of $45K, expenses of $121K, and assets of $339K (revenue -58.8% year-over-year).
- 2015: Revenue of $108K, expenses of $115K, and assets of $415K (revenue +28.5% year-over-year).
- 2014: Revenue of $84K, expenses of $86K, and assets of $422K (revenue +36.5% year-over-year).
- 2013: Revenue of $62K, expenses of $71K, and assets of $424K (revenue -24.3% year-over-year).
- 2012: Revenue of $82K, expenses of $132K, and assets of $433K (revenue -55.5% year-over-year).
- 2011: Revenue of $184K, expenses of $143K, and assets of $483K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cambodian Arts And Scholarship Foundation:
Data Sources and Methodology
This transparency report for Cambodian Arts And Scholarship Foundation 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.