Cbea Inc

Cbea Inc reports zero revenue and assets in latest filing, indicating potential inactivity.

EIN: 10518050 · South Portland, ME · Updated: 2026-03-28

$0Revenue

$0Assets

30/100Mission Score (Poor)

Is Cbea Inc Legit?

Significant Concerns

GoodFiling Consistency

GoodSpending Efficiency

ModerateTransparency

4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Cbea Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Cbea Inc

Cbea Inc (EIN: 10518050) is a nonprofit organization based in South Portland, ME. 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 Cbea Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cbea Inc appears to be a very small organization, possibly inactive or in the process of winding down, given its reported revenue of $0 and assets of $0 in its latest filing. Historically, the organization has operated with minimal revenue, peaking at $939 in 2012, and consistently reported expenses exceeding revenue, leading to a gradual decline in assets from $14,655 in 2012 to $13,039 in 2015. The consistent reporting of zero officer compensation across all available filings suggests either an all-volunteer board or that compensation is not reported in a way that is visible in the summary data, which is common for very small entities.

The financial health of Cbea Inc, based on the provided data, is concerning due to the lack of revenue and assets in the most recent period, and a historical trend of expenses outstripping income. While the organization has consistently maintained zero liabilities, indicating no debt, its ability to sustain operations or achieve programmatic goals with such limited financial resources is highly questionable. The absence of detailed expense breakdowns (program, admin, fundraising) makes it impossible to assess spending efficiency directly from this data, but the overall financial picture suggests a lack of significant activity.

Transparency is generally good in terms of filing the required IRS Form 990s, but the lack of detailed financial activity in recent filings limits the insight available. The consistent reporting of zero officer compensation is a positive indicator for avoiding excessive executive pay, but the overall financial data points to an organization that may no longer be actively operating or has minimal impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cbea Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Cbea Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Officer compensation has consistently been reported as 0% across all available filings, suggesting an all-volunteer leadership or that any compensation is below reporting thresholds for the summary data, which is appropriate for an organization with such minimal 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 Cbea Inc's IRS 990 filings:

Zero revenue and assets in the latest filing, suggesting inactivity.
Consistent historical trend of expenses exceeding revenue.
Declining asset base over time (from $14,655 in 2012 to $13,039 in 2015).
Unknown NTEE code, limiting understanding of its mission.

Strengths

The following positive indicators were identified for Cbea Inc:

Consistent filing of IRS Form 990s, indicating compliance.
Zero reported liabilities across all periods, showing no debt.
Zero reported officer compensation, indicating efficient use of any funds for leadership.

Frequently Asked Questions about Cbea Inc

Is Cbea Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cbea Inc (EIN: 10518050) significant concerns. Mission Score: 30/100. 4 red flags identified, 3 strengths noted.

How does Cbea Inc spend its money?

Cbea Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Cbea Inc tax-deductible?

Cbea Inc is registered as a tax-exempt nonprofit (EIN: 10518050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Cbea Inc still an active organization?

Based on the latest filing reporting $0 revenue and $0 assets, it is highly probable that Cbea Inc is no longer actively operating or has ceased significant activities.

What was the purpose of Cbea Inc?

The NTEE code is unknown, and without further information beyond the financial summaries, the specific mission or purpose of Cbea Inc cannot be determined from the provided data.

How did Cbea Inc fund its operations historically?

Historically, Cbea Inc generated very low revenue (e.g., $939 in 2012, $16 in 2015) and covered expenses by drawing down its assets, which decreased from $14,655 in 2012 to $13,039 in 2015.

Filing History

IRS 990 filing history for Cbea Inc showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2012–2015), Cbea Inc's revenue has declined by 98.3%, moving from $939 to $16. Total assets decreased by 11% over the same period, from $15K to $13K. Total functional expenses fell by 58.7%, from $1K to $465. In its most recent filing year (2015), Cbea Inc reported a deficit of $449, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2015	$16	$465	$13K	$0	—	View 990
2014	$20	$615	$13K	$0	—	View 990
2013	$28	$600	$14K	$0	—	View 990
2012	$939	$1K	$15K	$0	—	View 990

Year-by-Year Financial Summary

2015: Revenue of $16, expenses of $465, and assets of $13K (revenue -20.0% year-over-year).
2014: Revenue of $20, expenses of $615, and assets of $13K (revenue -28.6% year-over-year).
2013: Revenue of $28, expenses of $600, and assets of $14K (revenue -97.0% year-over-year).
2012: Revenue of $939, expenses of $1K, and assets of $15K.

Data Sources and Methodology

This transparency report for Cbea Inc 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.