Cetos Research Organization

Cetos Research Organization reports zero revenue and assets in its latest filing, indicating potential operational cessation.

EIN: 200451099 · Bar Harbor, ME · NTEE: U300 · Updated: 2026-03-28

$0Revenue

$0Assets

40/100Mission Score (Fair)

U300

About Cetos Research Organization

Cetos Research Organization (EIN: 200451099) is a nonprofit organization based in Bar Harbor, ME, classified under NTEE code U300. 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 Cetos Research Organization's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cetos Research Organization appears to be in a precarious financial position, with its latest filing showing zero revenue and zero assets. This follows a trend of declining revenue and inconsistent financial performance over the past several years. For instance, in 2015, expenses significantly outstripped revenue ($92,917 vs. $49,428), leading to a substantial net loss. While the organization has historically reported some revenue, the current state suggests a potential cessation of operations or a significant restructuring. The lack of reported officer compensation across all filings indicates either a volunteer-run organization or that compensation is not reported in a way that is visible in these summaries, which could impact transparency regarding leadership costs.

The organization's spending efficiency is difficult to assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent reporting of zero officer compensation suggests that a significant portion of funds, when available, would likely go towards direct program activities or other operational costs rather than executive salaries. The overall financial health is concerning given the current zero revenue and asset status, indicating an inability to sustain operations without immediate and substantial new funding.

Transparency regarding specific spending categories beyond total expenses is limited in the provided data. While the absence of officer compensation is noted, a clearer picture of how funds were allocated when the organization was active would be beneficial for a comprehensive assessment of its operational efficiency and commitment to its mission. The current financial state, however, overshadows historical performance, raising significant questions about its ongoing viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cetos Research Organization with a Mission Score of 40 out of 100 (Fair). 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: 75%
fundraising: 10%

According to IRS 990 filings, Cetos Research Organization allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led structure or that executive compensation is not a significant financial outlay for the organization.

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 Cetos Research Organization's IRS 990 filings:

Latest filing shows $0 revenue and $0 assets, indicating potential operational cessation.
Significant decline in revenue from $227,800 in 2012 to $0 in the latest period.
Expenses exceeded revenue in multiple periods (e.g., 2015: $92,917 expenses vs. $49,428 revenue; 2012: $258,451 expenses vs. $227,800 revenue).
Liabilities exceeded assets in 2015 and 2016 ($20,177 liabilities vs. $8,816 and $17,123 assets respectively).

Strengths

The following positive indicators were identified for Cetos Research Organization:

Consistent reporting of 0% officer compensation, suggesting a focus on direct program spending or volunteer leadership.
Historically, the organization was able to generate significant revenue, peaking at $227,800 in 2012.

Frequently Asked Questions about Cetos Research Organization

Is Cetos Research Organization still operational given its latest financial report?

The latest filing showing $0 revenue and $0 assets strongly suggests that Cetos Research Organization may no longer be actively operating or is in a dormant state.

How did the organization manage its liabilities in 2015 and 2016?

In both 2015 and 2016, the organization reported liabilities of $20,177, while assets were $8,816 and $17,123 respectively, indicating that liabilities exceeded assets in those periods.

What caused the significant drop in revenue from 2012 to 2014?

Revenue significantly decreased from $227,800 in 2012 to $35,515 in 2014, representing an 84% decline, which would have severely impacted the organization's ability to fund its operations.

Filing History

IRS 990 filing history for Cetos Research Organization showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2011–2016), Cetos Research Organization's revenue has declined by 76.9%, moving from $207K to $48K. Total assets decreased by 69.7% over the same period, from $57K to $17K. Total functional expenses fell by 77.3%, from $174K to $39K. In its most recent filing year (2016), Cetos Research Organization reported a surplus of $8K, with revenue exceeding expenses. The organization holds $20K in liabilities against $17K in assets (debt-to-asset ratio: 117.8%), resulting in net assets of $-3,054.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2016	$48K	$39K	$17K	$20K	—	View 990
2015	$49K	$93K	$9K	$20K	—	View 990
2014	$36K	$49K	$32K	$0	—	View 990
2013	$193K	$172K	$46K	$0	—	View 990
2012	$228K	$258K	$26K	$0	—	View 990
2011	$207K	$174K	$57K	$0	—	View 990

Year-by-Year Financial Summary

2016: Revenue of $48K, expenses of $39K, and assets of $17K (revenue -3.4% year-over-year).
2015: Revenue of $49K, expenses of $93K, and assets of $9K (revenue +39.2% year-over-year).
2014: Revenue of $36K, expenses of $49K, and assets of $32K (revenue -81.6% year-over-year).
2013: Revenue of $193K, expenses of $172K, and assets of $46K (revenue -15.5% year-over-year).
2012: Revenue of $228K, expenses of $258K, and assets of $26K (revenue +10.3% year-over-year).
2011: Revenue of $207K, expenses of $174K, and assets of $57K.

Data Sources and Methodology

This transparency report for Cetos Research Organization 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.