Chateau Cushnoc Inc
Chateau Cushnoc Inc maintains stable finances with no reported officer compensation and significant debt reduction.
EIN: 10368684 · Augusta, ME · NTEE: L22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $778K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $817K |
| Transparency Score | 85/100 |
Is Chateau Cushnoc Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chateau Cushnoc Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chateau Cushnoc Inc
Chateau Cushnoc Inc (EIN: 10368684) is a nonprofit organization based in Augusta, ME, classified under NTEE code L22Z. The organization reported total revenue of $1.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chateau Cushnoc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chateau Cushnoc Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $985K |
| Total Expenses | $778K |
| Surplus / Deficit | +$207K |
| Total Assets | $967K |
| Total Liabilities | $149K |
| Net Assets | $817K |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 15.4% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2023, Chateau Cushnoc Inc reported a surplus of $207K with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 15.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chateau Cushnoc Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | +5.7% | -6.1% |
| 2022 | +1.7% | -9.0% | +8.8% |
| 2021 | +1.3% | -2.8% | -6.7% |
| 2020 | +2.6% | +0.7% | -4.4% |
| 2019 | +1.5% | +1.4% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Chateau Cushnoc Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Chateau Cushnoc Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $207K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-led leadership or that compensation is covered by other means, which is highly favorable for a nonprofit of its size with over $1 million in annual revenue.
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 Chateau Cushnoc Inc:
- Consistent revenue exceeding expenses, leading to financial stability.
- Significant reduction in liabilities over the past decade, improving balance sheet health.
- Reported 0% officer compensation across all filings, indicating high efficiency in executive costs.
- Healthy asset base of over $1.1 million, providing a strong financial foundation.
Frequently Asked Questions about Chateau Cushnoc Inc
Is Chateau Cushnoc Inc a legitimate charity?
Chateau Cushnoc Inc (EIN: 10368684) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Chateau Cushnoc Inc spend its money?
Chateau Cushnoc Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Chateau Cushnoc Inc tax-deductible?
Chateau Cushnoc Inc is registered as a tax-exempt nonprofit (EIN: 10368684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chateau Cushnoc Inc CEO make?
Chateau Cushnoc Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Chateau Cushnoc Inc's spending goes to programs?
Chateau Cushnoc Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chateau Cushnoc Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Chateau Cushnoc Inc is above average for NTEE category L22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chateau Cushnoc Inc located?
Chateau Cushnoc Inc is headquartered in Augusta, Maine and files with the IRS under EIN 10368684. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Chateau Cushnoc Inc have?
Chateau Cushnoc Inc has 13 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 $1.1M in total revenue.
Is Chateau Cushnoc Inc a good charity?
Based on the provided data, Chateau Cushnoc Inc appears to be a financially sound organization. It consistently generates more revenue than expenses, has significantly reduced its liabilities, and reports 0% officer compensation, all of which are positive indicators of good financial stewardship.
How has the organization's financial health changed over the last decade?
Over the last decade, Chateau Cushnoc Inc has shown consistent revenue generation, maintained expenses below revenue, and significantly improved its balance sheet by reducing liabilities from $1,674,174 in 2014 to $149,340 in 2023, while growing assets to over $1.1 million.
What is the trend in the organization's assets and liabilities?
Assets have remained relatively stable, fluctuating around $1 million to $1.3 million, while liabilities have seen a dramatic and positive downward trend, decreasing by over 90% from 2014 to 2023, indicating strong financial management and debt repayment.
Filing History
IRS 990 filing history for Chateau Cushnoc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chateau Cushnoc Inc's revenue has grown by 10.5%, moving from $891K to $985K. Total assets decreased by 40% over the same period, from $1.6M to $967K. Total functional expenses fell by 5.6%, from $824K to $778K. In its most recent filing year (2023), Chateau Cushnoc Inc reported a surplus of $207K, with revenue exceeding expenses. The organization holds $149K in liabilities against $967K in assets (debt-to-asset ratio: 15.4%), resulting in net assets of $817K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $985K | $778K | $967K | $149K | — | — |
| 2022 | $982K | $736K | $1.0M | $419K | — | View 990 |
| 2021 | $965K | $808K | $946K | $581K | — | — |
| 2020 | $952K | $832K | $1.0M | $806K | — | View 990 |
| 2019 | $928K | $826K | $1.1M | $976K | — | View 990 |
| 2018 | $914K | $815K | $1.1M | $1.1M | — | View 990 |
| 2017 | $906K | $822K | $1.2M | $1.3M | — | View 990 |
| 2016 | $890K | $827K | $1.2M | $1.4M | — | View 990 |
| 2015 | $884K | $873K | $1.3M | $1.6M | — | View 990 |
| 2014 | $866K | $839K | $1.4M | $1.7M | — | View 990 |
| 2013 | $908K | $857K | $1.5M | $1.8M | — | View 990 |
| 2012 | $890K | $888K | $1.5M | $1.9M | — | View 990 |
| 2011 | $891K | $824K | $1.6M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $985K, expenses of $778K, and assets of $967K (revenue +0.3% year-over-year).
- 2022: Revenue of $982K, expenses of $736K, and assets of $1.0M (revenue +1.7% year-over-year).
- 2021: Revenue of $965K, expenses of $808K, and assets of $946K (revenue +1.3% year-over-year).
- 2020: Revenue of $952K, expenses of $832K, and assets of $1.0M (revenue +2.6% year-over-year).
- 2019: Revenue of $928K, expenses of $826K, and assets of $1.1M (revenue +1.5% year-over-year).
- 2018: Revenue of $914K, expenses of $815K, and assets of $1.1M (revenue +1.0% year-over-year).
- 2017: Revenue of $906K, expenses of $822K, and assets of $1.2M (revenue +1.8% year-over-year).
- 2016: Revenue of $890K, expenses of $827K, and assets of $1.2M (revenue +0.7% year-over-year).
- 2015: Revenue of $884K, expenses of $873K, and assets of $1.3M (revenue +2.1% year-over-year).
- 2014: Revenue of $866K, expenses of $839K, and assets of $1.4M (revenue -4.6% year-over-year).
- 2013: Revenue of $908K, expenses of $857K, and assets of $1.5M (revenue +2.0% year-over-year).
- 2012: Revenue of $890K, expenses of $888K, and assets of $1.5M (revenue -0.2% year-over-year).
- 2011: Revenue of $891K, expenses of $824K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chateau Cushnoc Inc:
Data Sources and Methodology
This transparency report for Chateau Cushnoc 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.