Deering Memorial Post 6859 Vfw Inc
Deering Memorial Post 6859 Vfw Inc shows fluctuating revenues and expenses with no reported officer compensation.
EIN: 10309364 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $180K |
| Program Spending | 80% |
| Net Assets | $241K |
| Transparency Score | 70/100 |
Is Deering Memorial Post 6859 Vfw Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Deering Memorial Post 6859 Vfw Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Deering Memorial Post 6859 Vfw Inc
Deering Memorial Post 6859 Vfw Inc (EIN: 10309364) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $155K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deering Memorial Post 6859 Vfw Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deering Memorial Post 6859 Vfw Inc is a small nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $180K |
| Surplus / Deficit | $-2,606 |
| Total Assets | $263K |
| Total Liabilities | $22K |
| Net Assets | $241K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 17.6 months |
Financial Health Grade: B
In 2023, Deering Memorial Post 6859 Vfw Inc reported a deficit of $3K with expenses exceeding revenue, holds 17.6 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Deering Memorial Post 6859 Vfw Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | +55.2% | +8.1% |
| 2022 | +270.6% | +27.3% | +25.1% |
| 2021 | -58.0% | -32.7% | -25.4% |
| 2020 | -23.1% | -24.3% | -15.6% |
| 2019 | -41.2% | -15.8% | -13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Deering Memorial Post 6859 Vfw Inc with a Mission Score of 70 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Deering Memorial Post 6859 Vfw Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-reportable means, which is a positive sign for minimizing overhead.
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 Deering Memorial Post 6859 Vfw Inc's IRS 990 filings:
- Significant fluctuation in annual revenue and expenses, indicating potential instability.
- Discrepancy between 2023 reported assets ($263,391) and latest provided assets ($40,299) requires clarification.
- Operational deficits in multiple years (e.g., 2023, 2021, 2020, 2019, 2015) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Deering Memorial Post 6859 Vfw Inc:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
- Periods of strong revenue generation, such as $853,150 in 2014.
Frequently Asked Questions about Deering Memorial Post 6859 Vfw Inc
Is Deering Memorial Post 6859 Vfw Inc a legitimate charity?
Deering Memorial Post 6859 Vfw Inc (EIN: 10309364) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $155K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Deering Memorial Post 6859 Vfw Inc spend its money?
Deering Memorial Post 6859 Vfw Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Deering Memorial Post 6859 Vfw Inc tax-deductible?
Deering Memorial Post 6859 Vfw Inc is registered as a tax-exempt nonprofit (EIN: 10309364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Deering Memorial Post 6859 Vfw Inc's spending goes to programs?
Deering Memorial Post 6859 Vfw Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Deering Memorial Post 6859 Vfw Inc located?
Deering Memorial Post 6859 Vfw Inc is headquartered in Portland, Maine and files with the IRS under EIN 10309364.
How many years of IRS 990 filings does Deering Memorial Post 6859 Vfw Inc have?
Deering Memorial Post 6859 Vfw 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 $155K in total revenue.
What caused the significant drop in assets from $263,391 in 2023 to $40,299 in the latest provided data?
The provided data shows a discrepancy between the 2023 filing's assets of $263,391 and the 'latest assets' of $40,299. Clarification is needed to understand this substantial reduction.
What is the primary source of the organization's revenue, given the wide fluctuations?
Revenue has varied significantly, from $853,150 in 2014 to $44,427 in 2021. Understanding the primary revenue streams (e.g., donations, program service revenue, investments) would help assess financial stability.
How does the organization manage its liabilities, which have also fluctuated considerably?
Liabilities have ranged from $0 in 2021-2022 to $127,451 in 2014. A clear strategy for managing these obligations is important for long-term financial health.
Filing History
IRS 990 filing history for Deering Memorial Post 6859 Vfw Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Deering Memorial Post 6859 Vfw Inc's revenue has declined by 3.2%, moving from $183K to $177K. Total assets decreased by 16% over the same period, from $314K to $263K. Total functional expenses fell by 19.5%, from $223K to $180K. In its most recent filing year (2023), Deering Memorial Post 6859 Vfw Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $22K in liabilities against $263K in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $241K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $177K | $180K | $263K | $22K | — | — |
| 2022 | $165K | $116K | $244K | $0 | — | View 990 |
| 2021 | $44K | $91K | $195K | $0 | — | View 990 |
| 2020 | $106K | $135K | $261K | $20K | — | View 990 |
| 2019 | $138K | $179K | $310K | $39K | — | View 990 |
| 2018 | $234K | $212K | $356K | $54K | — | View 990 |
| 2017 | $233K | $221K | $388K | $75K | — | View 990 |
| 2016 | $267K | $206K | $299K | $89K | — | View 990 |
| 2015 | $188K | $219K | $367K | $115K | — | View 990 |
| 2014 | $853K | $348K | $398K | $127K | — | View 990 |
| 2013 | $158K | $262K | $455K | $145K | — | View 990 |
| 2012 | $188K | $343K | $584K | $178K | — | View 990 |
| 2011 | $183K | $223K | $314K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $177K, expenses of $180K, and assets of $263K (revenue +7.5% year-over-year).
- 2022: Revenue of $165K, expenses of $116K, and assets of $244K (revenue +270.6% year-over-year).
- 2021: Revenue of $44K, expenses of $91K, and assets of $195K (revenue -58.0% year-over-year).
- 2020: Revenue of $106K, expenses of $135K, and assets of $261K (revenue -23.1% year-over-year).
- 2019: Revenue of $138K, expenses of $179K, and assets of $310K (revenue -41.2% year-over-year).
- 2018: Revenue of $234K, expenses of $212K, and assets of $356K (revenue +0.4% year-over-year).
- 2017: Revenue of $233K, expenses of $221K, and assets of $388K (revenue -12.8% year-over-year).
- 2016: Revenue of $267K, expenses of $206K, and assets of $299K (revenue +42.5% year-over-year).
- 2015: Revenue of $188K, expenses of $219K, and assets of $367K (revenue -78.0% year-over-year).
- 2014: Revenue of $853K, expenses of $348K, and assets of $398K (revenue +440.6% year-over-year).
- 2013: Revenue of $158K, expenses of $262K, and assets of $455K (revenue -15.9% year-over-year).
- 2012: Revenue of $188K, expenses of $343K, and assets of $584K (revenue +2.5% year-over-year).
- 2011: Revenue of $183K, expenses of $223K, and assets of $314K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deering Memorial Post 6859 Vfw Inc:
Data Sources and Methodology
This transparency report for Deering Memorial Post 6859 Vfw 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.