Chebeague Island Council
Chebeague Island Council maintains strong financial health with growing assets and no executive compensation.
EIN: 10283351 · Chebeague Island, ME · NTEE: W20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $71K |
| Program Spending | 85% |
| Net Assets | $273K |
| Transparency Score | 90/100 |
Is Chebeague Island Council Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chebeague Island Council directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chebeague Island Council
Chebeague Island Council (EIN: 10283351) is a nonprofit organization based in Chebeague Island, ME, classified under NTEE code W20. The organization reported total revenue of $83K and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chebeague Island Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chebeague Island Council is a micro nonprofit that has been operating for 14 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $71K |
| Surplus / Deficit | +$13K |
| Total Assets | $273K |
| Total Liabilities | $14 |
| Net Assets | $273K |
| Operating Margin | 16.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 46.2 months |
Financial Health Grade: A
In 2024, Chebeague Island Council reported a surplus of $13K with revenue exceeding expenses, holds 46.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2024), Chebeague Island Council's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -45.6% | -31.7% | -11.8% |
| 2023 | +104.7% | +112.5% | +10.6% |
| 2022 | +72.0% | +57.0% | +10.7% |
| 2021 | -33.0% | -43.2% | +25.5% |
| 2020 | +13.9% | -27.2% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Chebeague Island Council with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Chebeague Island Council allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a nonprofit of this size.
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 Chebeague Island Council:
- Consistent asset growth, from $140,784 in 201202 to $272,563 in 202402.
- Zero officer compensation across all reported periods, indicating volunteer leadership and high efficiency.
- Extremely low liabilities, often $0, demonstrating strong financial management and minimal debt.
- Consistent positive operating margins in most years, such as $13,474 surplus in 202402 ($84,225 revenue - $70,751 expenses).
- Regular and consistent IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about Chebeague Island Council
Is Chebeague Island Council a legitimate charity?
Chebeague Island Council (EIN: 10283351) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $83K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Chebeague Island Council spend its money?
Chebeague Island Council directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Chebeague Island Council tax-deductible?
Chebeague Island Council is registered as a tax-exempt nonprofit (EIN: 10283351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chebeague Island Council's spending goes to programs?
Chebeague Island Council directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chebeague Island Council compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Chebeague Island Council is above average for NTEE category W20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chebeague Island Council located?
Chebeague Island Council is headquartered in Chebeague Island, Maine and files with the IRS under EIN 10283351. It is classified under NTEE code W20.
How many years of IRS 990 filings does Chebeague Island Council have?
Chebeague Island Council has 9 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 $83K in total revenue.
Is Chebeague Island Council a good charity?
Based on the available financial data, Chebeague Island Council appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, minimal liabilities, and operates with no executive compensation, suggesting a high degree of efficiency and dedication to its mission.
How has the organization's financial stability changed over time?
The organization's financial stability has consistently improved. Assets have grown from $140,784 in 201202 to $272,563 in 202402, and liabilities have remained negligible, indicating robust and growing financial health.
What is the trend in revenue and expenses?
Revenue and expenses have generally trended upwards over the years, with some fluctuations. For example, revenue increased from $45,180 in 201202 to $84,225 in 202402, with the organization typically maintaining a surplus, except for a slight deficit in 201902.
Filing History
IRS 990 filing history for Chebeague Island Council showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), Chebeague Island Council's revenue has grown by 86.4%, moving from $45K to $84K. Total assets increased by 93.6% over the same period, from $141K to $273K. Total functional expenses rose by 48.2%, from $48K to $71K. In its most recent filing year (2024), Chebeague Island Council reported a surplus of $13K, with revenue exceeding expenses. The organization holds $14 in liabilities against $273K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $273K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $84K | $71K | $273K | $14 | — | — |
| 2023 | $155K | $104K | $309K | $5 | — | View 990 |
| 2022 | $76K | $49K | $279K | $0 | — | View 990 |
| 2021 | $44K | $31K | $252K | $0 | — | — |
| 2020 | $66K | $55K | $201K | $0 | — | View 990 |
| 2019 | $58K | $75K | $190K | $0 | — | View 990 |
| 2017 | $61K | $43K | $200K | $0 | — | View 990 |
| 2013 | $46K | $35K | $171K | $0 | — | View 990 |
| 2012 | $45K | $48K | $141K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $84K, expenses of $71K, and assets of $273K (revenue -45.6% year-over-year).
- 2023: Revenue of $155K, expenses of $104K, and assets of $309K (revenue +104.7% year-over-year).
- 2022: Revenue of $76K, expenses of $49K, and assets of $279K (revenue +72.0% year-over-year).
- 2021: Revenue of $44K, expenses of $31K, and assets of $252K (revenue -33.0% year-over-year).
- 2020: Revenue of $66K, expenses of $55K, and assets of $201K (revenue +13.9% year-over-year).
- 2019: Revenue of $58K, expenses of $75K, and assets of $190K (revenue -5.0% year-over-year).
- 2017: Revenue of $61K, expenses of $43K, and assets of $200K (revenue +31.2% year-over-year).
- 2013: Revenue of $46K, expenses of $35K, and assets of $171K (revenue +2.4% year-over-year).
- 2012: Revenue of $45K, expenses of $48K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chebeague Island Council:
Data Sources and Methodology
This transparency report for Chebeague Island Council 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.