Castine Education Foundation
Castine Education Foundation reported $3,815 revenue and $0 expenses in its last filing from 2012.
EIN: 10513009 · Castine, ME · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Net Assets | $26K |
| Transparency Score | 60/100 |
Is Castine Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Castine Education Foundation
Castine Education Foundation (EIN: 10513009) is a nonprofit organization based in Castine, ME, classified under NTEE code B11. 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 Castine Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Castine Education Foundation is a micro nonprofit that has been operating for 24 years.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $0 |
| Surplus / Deficit | +$4K |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2012, Castine Education Foundation reported a surplus of $4K with revenue exceeding expenses.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
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 Castine Education Foundation with a Mission Score of 60 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: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Castine Education Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
No officer compensation was reported in the 2012 filing, indicating that executive functions are likely performed on a volunteer basis, which is appropriate for an organization of this size and financial activity.
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 Castine Education Foundation's IRS 990 filings:
- No recent IRS 990 filings available (latest is 2012), limiting current financial transparency.
- Reported $0 in expenses in the last filing, which could indicate inactivity or a very specific operational model not involving direct expenditures.
Strengths
The following positive indicators were identified for Castine Education Foundation:
- No reported liabilities, indicating a strong financial position relative to its assets.
- No officer compensation reported, suggesting a volunteer-driven model and low overhead.
- Accumulated assets of $25,508 with minimal revenue, showing good financial stewardship in asset building.
Frequently Asked Questions about Castine Education Foundation
Is Castine Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Castine Education Foundation (EIN: 10513009) some concerns. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
How does Castine Education Foundation spend its money?
Detailed spending breakdown data is not yet available for Castine Education Foundation. Check back for updated IRS 990 analysis.
Are donations to Castine Education Foundation tax-deductible?
Castine Education Foundation is registered as a tax-exempt nonprofit (EIN: 10513009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Castine Education Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Castine Education Foundation is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Castine Education Foundation located?
Castine Education Foundation is headquartered in Castine, Maine and files with the IRS under EIN 10513009. It is classified under NTEE code B11.
Is Castine Education Foundation still active?
Based on the provided data, the latest filing is from 2012. Without more recent filings, it's unclear if the organization is still actively operating or has ceased operations.
What programs did Castine Education Foundation fund in 2012?
The 2012 filing reported $0 in expenses, suggesting no direct program spending occurred in that specific period, or expenses were covered by other means not reflected in the filing.
How does Castine Education Foundation generate revenue?
In 2012, the organization reported $3,815 in revenue. The specific sources (e.g., donations, grants) are not detailed in the provided summary, but it indicates some level of fundraising or income generation.
Filing History
IRS 990 filing history for Castine Education Foundation showing financial trends over 1 year of public records:
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $4K | $0 | $26K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Castine Education Foundation:
Data Sources and Methodology
This transparency report for Castine Education 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.