Central Maine Regional Flying Club Inc
EIN: 260628490 · Norridgewock, ME · NTEE: N99
| Metric | Value |
|---|---|
| Total Expenses | $20K |
| Net Assets | $-1,240 |
Is Central Maine Regional Flying Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Maine Regional Flying Club Inc
Central Maine Regional Flying Club Inc (EIN: 260628490) is a nonprofit organization based in Norridgewock, ME, classified under NTEE code N99. 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 Central Maine Regional Flying Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Maine Regional Flying Club Inc is a micro nonprofit that has been operating for 16 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $20K |
| Surplus / Deficit | $-255 |
| Total Assets | $39K |
| Total Liabilities | $40K |
| Net Assets | $-1,240 |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 103.2% |
| Months of Reserves | 23.1 months |
Financial Health Grade: C
In 2011, Central Maine Regional Flying Club Inc reported a deficit of $255 with expenses exceeding revenue, holds 23.1 months of operating reserves (strong position), has a debt-to-asset ratio of 103.2% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Maine Regional Flying Club Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Maine Regional Flying Club Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $255, with expenses exceeding revenue.
- Debt-to-asset ratio: 103.2%.
Frequently Asked Questions about Central Maine Regional Flying Club Inc
Is Central Maine Regional Flying Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Maine Regional Flying Club Inc (EIN: 260628490) insufficient data. 0 red flags identified, 0 strengths noted.
How does Central Maine Regional Flying Club Inc spend its money?
Detailed spending breakdown data is not yet available for Central Maine Regional Flying Club Inc. Check back for updated IRS 990 analysis.
Are donations to Central Maine Regional Flying Club Inc tax-deductible?
Central Maine Regional Flying Club Inc is registered as a tax-exempt nonprofit (EIN: 260628490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Maine Regional Flying Club Inc located?
Central Maine Regional Flying Club Inc is headquartered in Norridgewock, Maine and files with the IRS under EIN 260628490. It is classified under NTEE code N99.
Filing History
IRS 990 filing history for Central Maine Regional Flying Club Inc showing financial trends over 1 year of public records:
In its most recent filing year (2011), Central Maine Regional Flying Club Inc reported a deficit of $255, with expenses exceeding revenue. The organization holds $40K in liabilities against $39K in assets (debt-to-asset ratio: 103.2%), resulting in net assets of $-1,240.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $20K | $20K | $39K | $40K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Maine Regional Flying Club Inc:
Data Sources and Methodology
This transparency report for Central Maine Regional Flying Club 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.