College Guild
College Guild operates with no executive compensation but has experienced recent deficits.
EIN: 10545944 · Brunswick, ME · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $212K |
| Program Spending | 90% |
| Net Assets | $300K |
| Transparency Score | 85/100 |
Is College Guild Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
College Guild directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About College Guild
College Guild (EIN: 10545944) is a nonprofit organization based in Brunswick, ME, classified under NTEE code B60. The organization reported total revenue of $76K and total assets of $245K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of College Guild's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
College Guild is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $212K |
| Surplus / Deficit | $-88,523 |
| Total Assets | $300K |
| Net Assets | $300K |
| Operating Margin | -71.9% |
| Months of Reserves | 17.0 months |
Financial Health Grade: B
In 2023, College Guild reported a deficit of $89K with expenses exceeding revenue, holds 17.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2010–2023), College Guild's revenue has grown at a compound annual growth rate (CAGR) of 16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +27.3% | -11.1% |
| 2022 | -29.7% | +0.9% | -19.0% |
| 2021 | +41.4% | +27.1% | +9.4% |
| 2020 | -11.3% | +16.1% | +3.5% |
| 2019 | -26.7% | +8.0% | +15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2001 |
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 College Guild 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, College Guild 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 deficit of $89K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or one where leadership compensation is covered by other means, 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.
Red Flags
The following concerns were identified during AI analysis of College Guild's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($211,604 vs $123,081) and 2022 ($166,260 vs $124,978), indicating a recent trend of operating deficits.
- Declining assets from a peak of $415,805 in 2021 to $299,591 in 2023, potentially due to recent deficits.
Strengths
The following positive indicators were identified for College Guild:
- Zero officer compensation reported across all filings, indicating highly efficient use of funds and volunteer leadership.
- Consistently low or zero liabilities, demonstrating strong financial management and minimal debt.
- Long operational history with 13 filings, suggesting stability and sustained commitment to its mission.
- Maintained a significant asset base ($299,591 in 2023) despite recent deficits, providing a financial cushion.
Frequently Asked Questions about College Guild
Is College Guild a legitimate charity?
Based on AI analysis of IRS 990 filings, College Guild (EIN: 10545944) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does College Guild spend its money?
College Guild directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to College Guild tax-deductible?
College Guild is registered as a tax-exempt nonprofit (EIN: 10545944). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of College Guild's spending goes to programs?
College Guild directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does College Guild compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), College Guild is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is College Guild located?
College Guild is headquartered in Brunswick, Maine and files with the IRS under EIN 10545944. It is classified under NTEE code B60.
How many years of IRS 990 filings does College Guild have?
College Guild 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 $76K in total revenue.
Is College Guild a good charity?
Based on the available data, College Guild appears to be a good charity, particularly due to its zero executive compensation, low liabilities, and consistent program delivery over many years. Its focus on program efficiency is commendable.
What caused the recent deficits in 2022 and 2023?
The filings show that in 2023, expenses were $211,604 against revenue of $123,081, and in 2022, expenses were $166,260 against revenue of $124,978. The specific causes are not detailed in the summary data, but it indicates that spending outpaced fundraising in those periods.
How does College Guild manage without paid officers?
The consistent reporting of 0% officer compensation suggests that College Guild is either entirely volunteer-run at the leadership level or that any compensation for leadership roles is not categorized as 'officer compensation' in the 990 filings, which is unusual but possible for very small organizations.
Filing History
IRS 990 filing history for College Guild showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), College Guild's revenue has grown by 641.4%, moving from $17K to $123K. Total assets increased by 8219.7% over the same period, from $4K to $300K. Total functional expenses rose by 723%, from $26K to $212K. In its most recent filing year (2023), College Guild reported a deficit of $89K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $212K | $300K | $0 | — | View 990 |
| 2022 | $125K | $166K | $337K | $0 | — | View 990 |
| 2021 | $178K | $165K | $416K | $3K | — | View 990 |
| 2020 | $126K | $130K | $380K | $5K | — | — |
| 2019 | $142K | $112K | $367K | $2K | — | View 990 |
| 2018 | $193K | $103K | $319K | $2K | — | View 990 |
| 2017 | $100K | $56K | $226K | $1K | — | View 990 |
| 2016 | $94K | $84K | $182K | $2K | — | View 990 |
| 2015 | $108K | $55K | $172K | $2K | — | View 990 |
| 2014 | $100K | $17K | $117K | $0 | — | View 990 |
| 2013 | $55K | $24K | $34K | $0 | — | View 990 |
| 2012 | $38K | $36K | $3K | $0 | — | View 990 |
| 2010 | $17K | $26K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $212K, and assets of $300K (revenue -1.5% year-over-year).
- 2022: Revenue of $125K, expenses of $166K, and assets of $337K (revenue -29.7% year-over-year).
- 2021: Revenue of $178K, expenses of $165K, and assets of $416K (revenue +41.4% year-over-year).
- 2020: Revenue of $126K, expenses of $130K, and assets of $380K (revenue -11.3% year-over-year).
- 2019: Revenue of $142K, expenses of $112K, and assets of $367K (revenue -26.7% year-over-year).
- 2018: Revenue of $193K, expenses of $103K, and assets of $319K (revenue +93.0% year-over-year).
- 2017: Revenue of $100K, expenses of $56K, and assets of $226K (revenue +7.0% year-over-year).
- 2016: Revenue of $94K, expenses of $84K, and assets of $182K (revenue -13.6% year-over-year).
- 2015: Revenue of $108K, expenses of $55K, and assets of $172K (revenue +8.2% year-over-year).
- 2014: Revenue of $100K, expenses of $17K, and assets of $117K (revenue +83.7% year-over-year).
- 2013: Revenue of $55K, expenses of $24K, and assets of $34K (revenue +43.8% year-over-year).
- 2012: Revenue of $38K, expenses of $36K, and assets of $3K (revenue +128.4% year-over-year).
- 2010: Revenue of $17K, expenses of $26K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for College Guild:
Data Sources and Methodology
This transparency report for College Guild 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.