Douglas A Thom Memorial Corporation
Douglas A Thom Memorial Corporation maintains stable finances with low expenses and no reported officer compensation.
EIN: 16019126 · Camden, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $3K |
| Program Spending | 80% |
| Net Assets | $467K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Douglas A Thom Memorial Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Douglas A Thom Memorial Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Douglas A Thom Memorial Corporation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $6K and expenses of $3K.
Revenue and Expenses
Douglas A Thom Memorial Corporation reported $6K in revenue and $3K in expenses, a surplus of $3K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.
Is Douglas A Thom Memorial Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3K (80%) |
Across stored filings, Douglas A Thom Memorial Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Camden, ME nonprofitsFollow the Money
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2Understand money
80% of spending goes to programs.
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Douglas A Thom Memorial Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Douglas A Thom Memorial Corporation
Douglas A Thom Memorial Corporation (EIN: 16019126) is a nonprofit organization based in Camden, ME. The organization reported total revenue of $9K and total assets of $473K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Douglas A Thom Memorial Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Douglas A Thom Memorial Corporation is a micro nonprofit that has been operating for 62 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $3K |
| Surplus / Deficit | +$3K |
| Total Assets | $467K |
| Total Liabilities | $1 |
| Net Assets | $467K |
| Operating Margin | 45.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1649.7 months |
Financial Health Grade: A
In 2023, Douglas A Thom Memorial Corporation reported a surplus of $3K with revenue exceeding expenses, holds 1649.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Douglas A Thom Memorial Corporation's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.9% | -1.4% | +0.6% |
| 2022 | -31.3% | -2.0% | +0.3% |
| 2021 | +13.3% | -7.5% | +0.8% |
| 2020 | +4.1% | -1.5% | -1.5% |
| 2019 | -24.0% | -2.0% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1964 |
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 Douglas A Thom Memorial Corporation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Douglas A Thom Memorial Corporation 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 surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer means, which is highly favorable for a small organization 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 Douglas A Thom Memorial Corporation's IRS 990 filings:
- NTEE code is unknown, making it difficult to ascertain specific programmatic focus without further research.
Strengths
The following positive indicators were identified for Douglas A Thom Memorial Corporation:
- Consistent low expenses relative to revenue, indicating efficient operations (e.g., 2023 expenses $3,399 vs. revenue $6,280).
- Zero reported officer compensation across all filings, suggesting volunteer leadership or highly efficient compensation structures.
- Healthy and growing asset base, increasing from $439,039 in 2011 to $472,789 currently.
- Minimal liabilities (consistently $1 or $0), indicating strong financial management and low debt.
- Consistent IRS 990 filing history (10 filings), demonstrating good transparency and compliance.
Frequently Asked Questions about Douglas A Thom Memorial Corporation
Is Douglas A Thom Memorial Corporation a legitimate charity?
Douglas A Thom Memorial Corporation (EIN: 16019126) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $9K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Douglas A Thom Memorial Corporation spend its money?
Douglas A Thom Memorial Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Douglas A Thom Memorial Corporation tax-deductible?
Douglas A Thom Memorial Corporation is registered as a tax-exempt nonprofit (EIN: 16019126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Douglas A Thom Memorial Corporation's spending goes to programs?
Douglas A Thom Memorial Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Douglas A Thom Memorial Corporation located?
Douglas A Thom Memorial Corporation is headquartered in Camden, Maine and files with the IRS under EIN 16019126.
How many years of IRS 990 filings does Douglas A Thom Memorial Corporation have?
Douglas A Thom Memorial Corporation has 10 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 $9K in total revenue.
Is Douglas A Thom Memorial Corporation a good charity?
Based on its financial data, the Douglas A Thom Memorial Corporation appears to be a financially sound and well-managed organization. It consistently operates with low expenses relative to revenue and maintains a healthy asset base, with no reported officer compensation. However, without specific program details or an NTEE code, it's difficult to assess the direct impact of its charitable activities.
What is the primary purpose of Douglas A Thom Memorial Corporation?
The IRS 990 data does not explicitly state the primary purpose or NTEE code for Douglas A Thom Memorial Corporation. To understand its mission, one would need to consult its organizational documents or website, if available.
How does Douglas A Thom Memorial Corporation manage its expenses?
The organization consistently manages its expenses very efficiently, with expenses significantly lower than its revenue in most years. For example, in 2023, expenses were $3,399 against $6,280 in revenue. This suggests a conservative spending approach and a focus on maintaining its financial principal.
Does Douglas A Thom Memorial Corporation have a strong financial position?
Yes, the organization demonstrates a strong financial position. It has consistently grown its assets from $439,039 in 2011 to $472,789 currently, while maintaining minimal liabilities (consistently $1 or $0). This indicates excellent fiscal health and stability.
Filing History
IRS 990 filing history for Douglas A Thom Memorial Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Douglas A Thom Memorial Corporation's revenue has declined by 5.9%, moving from $7K to $6K. Total assets increased by 6.4% over the same period, from $439K to $467K. Total functional expenses fell by 19.2%, from $4K to $3K. In its most recent filing year (2023), Douglas A Thom Memorial Corporation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $467K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $467K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $3K | $467K | $1 | — | — |
| 2022 | $5K | $3K | $464K | $1 | — | View 990 |
| 2021 | $7K | $4K | $463K | $1 | — | — |
| 2020 | $6K | $4K | $460K | $1 | — | — |
| 2019 | $6K | $4K | $467K | $1 | — | View 990 |
| 2015 | $8K | $4K | $455K | $1 | — | View 990 |
| 2014 | $8K | $9K | $451K | $0 | — | View 990 |
| 2013 | $10K | $4K | $451K | $0 | — | View 990 |
| 2012 | $10K | $4K | $445K | $0 | — | View 990 |
| 2011 | $7K | $4K | $439K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $3K, and assets of $467K (revenue +30.9% year-over-year).
- 2022: Revenue of $5K, expenses of $3K, and assets of $464K (revenue -31.3% year-over-year).
- 2021: Revenue of $7K, expenses of $4K, and assets of $463K (revenue +13.3% year-over-year).
- 2020: Revenue of $6K, expenses of $4K, and assets of $460K (revenue +4.1% year-over-year).
- 2019: Revenue of $6K, expenses of $4K, and assets of $467K (revenue -24.0% year-over-year).
- 2015: Revenue of $8K, expenses of $4K, and assets of $455K (revenue -5.7% year-over-year).
- 2014: Revenue of $8K, expenses of $9K, and assets of $451K (revenue -20.8% year-over-year).
- 2013: Revenue of $10K, expenses of $4K, and assets of $451K (revenue +5.0% year-over-year).
- 2012: Revenue of $10K, expenses of $4K, and assets of $445K (revenue +48.8% year-over-year).
- 2011: Revenue of $7K, expenses of $4K, and assets of $439K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Douglas A Thom Memorial Corporation:
Data Sources and Methodology
This transparency report for Douglas A Thom Memorial Corporation 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.