Downeast Community Partners Inc
Downeast Community Partners Inc reports minor operational deficits in recent years but maintains strong asset reserves.
EIN: 10288757 · Portsmouth, NH · NTEE: P300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.4M |
| Total Expenses | $14.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $8.4M |
| Transparency Score | 80/100 |
Is Downeast Community Partners Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Downeast Community Partners Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Downeast Community Partners Inc
Downeast Community Partners Inc (EIN: 10288757) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code P300. The organization reported total revenue of $14.4M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downeast Community Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downeast Community Partners Inc is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.3M |
| Total Expenses | $14.6M |
| Surplus / Deficit | $-308,024 |
| Total Assets | $13.8M |
| Total Liabilities | $5.4M |
| Net Assets | $8.4M |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 39.1% |
| Months of Reserves | 11.4 months |
Financial Health Grade: B
In 2023, Downeast Community Partners Inc reported a deficit of $308K with expenses exceeding revenue, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 39.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Downeast Community Partners Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.5% | -27.1% | +27.9% |
| 2022 | +14.4% | +22.2% | -21.8% |
| 2021 | +42.0% | +37.6% | +33.2% |
| 2020 | +19.2% | +13.8% | +11.1% |
| 2019 | -0.2% | +2.2% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
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 Downeast Community Partners Inc with a Mission Score of 80 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, Downeast Community Partners Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $308K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.1%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with revenues exceeding $14 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the expense reports, which could impact transparency.
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 Downeast Community Partners Inc's IRS 990 filings:
- Consistent operational deficits in recent years (202209 and 202309 periods)
- Unusually low or zero reported officer compensation for an organization of this size, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Downeast Community Partners Inc:
- Strong asset base significantly exceeding liabilities ($13,818,288 assets vs. $5,403,956 liabilities in 202309).
- History of substantial revenue generation, exceeding $14 million in the latest filing.
- Positive net assets providing a buffer against operational fluctuations.
Frequently Asked Questions about Downeast Community Partners Inc
Is Downeast Community Partners Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Downeast Community Partners Inc (EIN: 10288757) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does Downeast Community Partners Inc spend its money?
Downeast Community Partners Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Downeast Community Partners Inc tax-deductible?
Downeast Community Partners Inc is registered as a tax-exempt nonprofit (EIN: 10288757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Downeast Community Partners Inc CEO make?
Downeast Community Partners Inc's highest-compensated officer earns $14 annually. The organization reported $14.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Downeast Community Partners Inc's spending goes to programs?
Downeast Community Partners Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Downeast Community Partners Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Downeast Community Partners Inc is above average for NTEE category P300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Downeast Community Partners Inc located?
Downeast Community Partners Inc is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 10288757. It is classified under NTEE code P300.
How many years of IRS 990 filings does Downeast Community Partners Inc have?
Downeast Community Partners 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 $14.4M in total revenue.
Is Downeast Community Partners Inc financially stable?
Yes, despite minor operational deficits in the 202209 and 202309 periods, the organization's assets of $13,818,288 significantly outweigh its liabilities of $5,403,956, indicating a strong balance sheet and overall financial stability.
What is the trend in the organization's revenue?
Revenue has shown significant fluctuation, peaking at $19,971,610 in 202209 and then decreasing to $14,275,994 in 202309. Prior to this, there was a steady increase from $10,315,391 in 201909 to the 202209 peak.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this scale. It suggests either a volunteer executive leadership or that compensation is reported under other expense categories, which would require further detail for full transparency.
Does the organization have sufficient reserves?
With assets of $13,818,288 and liabilities of $5,403,956 in 202309, the organization appears to have substantial net assets, indicating a healthy level of reserves relative to its operational scale.
Filing History
IRS 990 filing history for Downeast Community Partners Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Downeast Community Partners Inc's revenue has grown by 173.6%, moving from $5.2M to $14.3M. Total assets increased by 248.8% over the same period, from $4.0M to $13.8M. Total functional expenses rose by 205.4%, from $4.8M to $14.6M. In its most recent filing year (2023), Downeast Community Partners Inc reported a deficit of $308K, with expenses exceeding revenue. The organization holds $5.4M in liabilities against $13.8M in assets (debt-to-asset ratio: 39.1%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.3M | $14.6M | $13.8M | $5.4M | — | — |
| 2022 | $20.0M | $20.0M | $10.8M | $3.2M | — | View 990 |
| 2021 | $17.5M | $16.4M | $13.8M | $5.4M | — | View 990 |
| 2020 | $12.3M | $11.9M | $10.4M | $3.2M | — | View 990 |
| 2019 | $10.3M | $10.5M | $9.3M | $2.8M | — | View 990 |
| 2018 | $10.3M | $10.2M | $9.2M | $2.6M | — | View 990 |
| 2017 | $3.1M | $3.4M | $3.0M | $329K | — | View 990 |
| 2016 | $3.7M | $4.1M | $3.2M | $459K | — | View 990 |
| 2015 | $3.8M | $4.2M | $3.5M | $423K | — | View 990 |
| 2014 | $4.2M | $4.1M | $4.1M | $622K | — | View 990 |
| 2013 | $3.9M | $4.1M | $3.9M | $576K | — | View 990 |
| 2012 | $4.4M | $4.4M | $4.0M | $588K | — | View 990 |
| 2011 | $5.2M | $4.8M | $4.0M | $678K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.3M, expenses of $14.6M, and assets of $13.8M (revenue -28.5% year-over-year).
- 2022: Revenue of $20.0M, expenses of $20.0M, and assets of $10.8M (revenue +14.4% year-over-year).
- 2021: Revenue of $17.5M, expenses of $16.4M, and assets of $13.8M (revenue +42.0% year-over-year).
- 2020: Revenue of $12.3M, expenses of $11.9M, and assets of $10.4M (revenue +19.2% year-over-year).
- 2019: Revenue of $10.3M, expenses of $10.5M, and assets of $9.3M (revenue -0.2% year-over-year).
- 2018: Revenue of $10.3M, expenses of $10.2M, and assets of $9.2M (revenue +232.6% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.4M, and assets of $3.0M (revenue -15.7% year-over-year).
- 2016: Revenue of $3.7M, expenses of $4.1M, and assets of $3.2M (revenue -2.7% year-over-year).
- 2015: Revenue of $3.8M, expenses of $4.2M, and assets of $3.5M (revenue -9.1% year-over-year).
- 2014: Revenue of $4.2M, expenses of $4.1M, and assets of $4.1M (revenue +7.1% year-over-year).
- 2013: Revenue of $3.9M, expenses of $4.1M, and assets of $3.9M (revenue -12.5% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.4M, and assets of $4.0M (revenue -14.8% year-over-year).
- 2011: Revenue of $5.2M, expenses of $4.8M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downeast Community Partners Inc:
Data Sources and Methodology
This transparency report for Downeast Community Partners 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.