Capitol Area Recreation Association
Capitol Area Recreation Association maintains stable finances and growing assets with no executive compensation.
EIN: 10363437 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $98K |
| Total Expenses | $55K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $97,884. |
| Net Assets | $187K |
| Transparency Score | 85/100 |
Is Capitol Area Recreation Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capitol Area Recreation Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capitol Area Recreation Association
Capitol Area Recreation Association (EIN: 10363437) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $98K and total assets of $158K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capitol Area Recreation Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capitol Area Recreation Association is a micro nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $55K |
| Surplus / Deficit | +$16K |
| Total Assets | $187K |
| Net Assets | $187K |
| Operating Margin | 22.1% |
| Months of Reserves | 40.5 months |
Financial Health Grade: A
In 2023, Capitol Area Recreation Association reported a surplus of $16K with revenue exceeding expenses, holds 40.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Capitol Area Recreation Association's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | +17.8% | +11.2% |
| 2022 | +364.0% | -5.1% | +49.8% |
| 2020 | -65.6% | +36.3% | -12.6% |
| 2019 | -47.4% | -60.7% | +11.1% |
| 2018 | -5.7% | +18.4% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Capitol Area Recreation Association 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, Capitol Area Recreation Association 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 surplus of $16K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization operates without paid officers, which is highly efficient for an organization of its size with latest revenue of $97,884.
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 Capitol Area Recreation Association:
- Consistent financial surpluses in recent years (e.g., $15,691 in 2023)
- Zero reported liabilities across all filings
- No executive compensation, indicating high operational efficiency
- Growing asset base, from $111,998 in 2020 to $186,599 in 2023
- Consistent IRS 990 filing history (12 filings), demonstrating transparency
Frequently Asked Questions about Capitol Area Recreation Association
Is Capitol Area Recreation Association a legitimate charity?
Capitol Area Recreation Association (EIN: 10363437) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $98K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Capitol Area Recreation Association spend its money?
Capitol Area Recreation Association directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Capitol Area Recreation Association tax-deductible?
Capitol Area Recreation Association is registered as a tax-exempt nonprofit (EIN: 10363437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Capitol Area Recreation Association CEO make?
Capitol Area Recreation Association's highest-compensated officer earns $97,884. annually. The organization reported $98K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Capitol Area Recreation Association located?
Capitol Area Recreation Association is headquartered in Augusta, Maine and files with the IRS under EIN 10363437.
How many years of IRS 990 filings does Capitol Area Recreation Association have?
Capitol Area Recreation Association has 12 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 $98K in total revenue.
Is Capitol Area Recreation Association a good charity?
Based on the available financial data, Capitol Area Recreation Association appears to be a well-managed organization. It consistently operates with surpluses in most recent years (e.g., $15,691 surplus in 2023) and has no reported liabilities or executive compensation, suggesting efficient use of funds.
How has Capitol Area Recreation Association's financial health changed over time?
The organization has shown growth in assets, from $92,958 in 2016 to $186,599 in 2023. While revenue has fluctuated (e.g., $154,810 in 2013 vs. $70,921 in 2023), expenses have generally been managed to maintain a positive financial position, indicating prudent financial management.
What is the organization's approach to executive compensation?
Capitol Area Recreation Association consistently reports 0% officer compensation across all available filings, indicating that its leadership is unpaid, which is a strong indicator of volunteer-driven operations and efficient resource allocation.
Filing History
IRS 990 filing history for Capitol Area Recreation Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Capitol Area Recreation Association's revenue has grown by 28.7%, moving from $55K to $71K. Total assets increased by 127.9% over the same period, from $82K to $187K. Total functional expenses rose by 24.8%, from $44K to $55K. In its most recent filing year (2023), Capitol Area Recreation Association reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $55K | $187K | $0 | — | View 990 |
| 2022 | $78K | $47K | $168K | $0 | — | View 990 |
| 2020 | $17K | $49K | $112K | $0 | — | View 990 |
| 2019 | $49K | $36K | $128K | $0 | — | View 990 |
| 2018 | $93K | $92K | $115K | $0 | — | View 990 |
| 2017 | $99K | $78K | $114K | $0 | — | View 990 |
| 2016 | $102K | $112K | $93K | $0 | — | View 990 |
| 2015 | $81K | $86K | $103K | $0 | — | View 990 |
| 2014 | $72K | $74K | $108K | $0 | — | View 990 |
| 2013 | $155K | $130K | $110K | $0 | — | View 990 |
| 2012 | $80K | $78K | $84K | $0 | — | View 990 |
| 2011 | $55K | $44K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $55K, and assets of $187K (revenue -9.4% year-over-year).
- 2022: Revenue of $78K, expenses of $47K, and assets of $168K (revenue +364.0% year-over-year).
- 2020: Revenue of $17K, expenses of $49K, and assets of $112K (revenue -65.6% year-over-year).
- 2019: Revenue of $49K, expenses of $36K, and assets of $128K (revenue -47.4% year-over-year).
- 2018: Revenue of $93K, expenses of $92K, and assets of $115K (revenue -5.7% year-over-year).
- 2017: Revenue of $99K, expenses of $78K, and assets of $114K (revenue -2.9% year-over-year).
- 2016: Revenue of $102K, expenses of $112K, and assets of $93K (revenue +26.3% year-over-year).
- 2015: Revenue of $81K, expenses of $86K, and assets of $103K (revenue +11.4% year-over-year).
- 2014: Revenue of $72K, expenses of $74K, and assets of $108K (revenue -53.3% year-over-year).
- 2013: Revenue of $155K, expenses of $130K, and assets of $110K (revenue +92.7% year-over-year).
- 2012: Revenue of $80K, expenses of $78K, and assets of $84K (revenue +45.8% year-over-year).
- 2011: Revenue of $55K, expenses of $44K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capitol Area Recreation Association:
Data Sources and Methodology
This transparency report for Capitol Area Recreation Association 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.