Camden Area Senior Assistance
Camden Area Senior Assistance maintains substantial assets with fluctuating revenue and no reported officer compensation.
EIN: 10248064 · Camden, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $369K |
| Total Expenses | $153K |
| Program Spending | 85% |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Camden Area Senior Assistance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camden Area Senior Assistance directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camden Area Senior Assistance
Camden Area Senior Assistance (EIN: 10248064) is a nonprofit organization based in Camden, ME. The organization reported total revenue of $369K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camden Area Senior Assistance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camden Area Senior Assistance is a small nonprofit that has been operating for 85 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $153K |
| Surplus / Deficit | $-12,763 |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.3 months |
Financial Health Grade: B
In 2024, Camden Area Senior Assistance reported a deficit of $13K with expenses exceeding revenue, holds 147.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Camden Area Senior Assistance's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.6% | -18.1% | -10.6% |
| 2022 | +552.4% | -5.6% | +30.4% |
| 2021 | -6.2% | +10.7% | -9.2% |
| 2020 | -84.5% | +41.6% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
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 Camden Area Senior Assistance 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Camden Area Senior Assistance allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, 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 the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for resource allocation.
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 Camden Area Senior Assistance's IRS 990 filings:
- Significant revenue volatility, including a negative revenue period in 202305.
Strengths
The following positive indicators were identified for Camden Area Senior Assistance:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds.
- Strong asset base relative to annual expenses, providing financial stability.
- Long filing history (11 filings) demonstrates consistent compliance and operation.
Frequently Asked Questions about Camden Area Senior Assistance
Is Camden Area Senior Assistance a legitimate charity?
Camden Area Senior Assistance (EIN: 10248064) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $369K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Camden Area Senior Assistance spend its money?
Camden Area Senior Assistance directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Camden Area Senior Assistance tax-deductible?
Camden Area Senior Assistance is registered as a tax-exempt nonprofit (EIN: 10248064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Camden Area Senior Assistance located?
Camden Area Senior Assistance is headquartered in Camden, Maine and files with the IRS under EIN 10248064.
How many years of IRS 990 filings does Camden Area Senior Assistance have?
Camden Area Senior Assistance 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. The most recent filing shows $369K in total revenue.
What caused the negative revenue of $-4,761 in the 202305 period?
The filing data does not specify the reason for the negative revenue, but it could be due to investment losses, significant returns, or accounting adjustments.
How does Camden Area Senior Assistance manage to operate with no reported officer compensation?
The consistent reporting of 0% officer compensation suggests the organization is likely run by volunteers or that compensation for key personnel is categorized differently, such as general salaries, rather than officer-specific compensation.
What is the primary source of the organization's substantial assets?
While the filings show significant assets, the specific sources (e.g., endowments, property, investments) are not detailed in the provided summary. Given the fluctuating revenue, it's likely a combination of accumulated past surpluses and potentially investment growth.
Filing History
IRS 990 filing history for Camden Area Senior Assistance showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Camden Area Senior Assistance's revenue has grown by 12.8%, moving from $125K to $140K. Total assets increased by 52.8% over the same period, from $1.2M to $1.9M. Total functional expenses fell by 16.5%, from $184K to $153K. In its most recent filing year (2024), Camden Area Senior Assistance reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $140K | $153K | $1.9M | $1 | — | — |
| 2023 | $-4,761 | $220K | $1.9M | $1 | — | View 990 |
| 2022 | $760K | $268K | $2.1M | $1 | — | View 990 |
| 2021 | $117K | $284K | $1.6M | $1 | — | View 990 |
| 2020 | $124K | $257K | $1.8M | $0 | — | View 990 |
| 2016 | $800K | $181K | $1.7M | $0 | — | View 990 |
| 2015 | $154K | $179K | $1.1M | $4K | — | View 990 |
| 2014 | $111K | $169K | $1.1M | $0 | — | View 990 |
| 2013 | $97K | $181K | $1.2M | $0 | — | View 990 |
| 2012 | $173K | $149K | $1.3M | $0 | — | View 990 |
| 2011 | $125K | $184K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $140K, expenses of $153K, and assets of $1.9M.
- 2023: Revenue of $-4,761, expenses of $220K, and assets of $1.9M (revenue -100.6% year-over-year).
- 2022: Revenue of $760K, expenses of $268K, and assets of $2.1M (revenue +552.4% year-over-year).
- 2021: Revenue of $117K, expenses of $284K, and assets of $1.6M (revenue -6.2% year-over-year).
- 2020: Revenue of $124K, expenses of $257K, and assets of $1.8M (revenue -84.5% year-over-year).
- 2016: Revenue of $800K, expenses of $181K, and assets of $1.7M (revenue +420.8% year-over-year).
- 2015: Revenue of $154K, expenses of $179K, and assets of $1.1M (revenue +38.1% year-over-year).
- 2014: Revenue of $111K, expenses of $169K, and assets of $1.1M (revenue +14.5% year-over-year).
- 2013: Revenue of $97K, expenses of $181K, and assets of $1.2M (revenue -43.8% year-over-year).
- 2012: Revenue of $173K, expenses of $149K, and assets of $1.3M (revenue +38.8% year-over-year).
- 2011: Revenue of $125K, expenses of $184K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camden Area Senior Assistance:
Data Sources and Methodology
This transparency report for Camden Area Senior Assistance 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.