Downeast Conservation Foundation Inc
Downeast Conservation Foundation Inc. faces significant financial challenges with consistent operational deficits and declining assets.
EIN: 113346666 · Edgecomb, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $112K |
| Program Spending | 70% |
| Net Assets | $506K |
| Transparency Score | 45/100 |
Is Downeast Conservation Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Downeast Conservation Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Downeast Conservation Foundation Inc
Downeast Conservation Foundation Inc (EIN: 113346666) is a nonprofit organization based in Edgecomb, ME. The organization reported total revenue of $200K and total assets of $506K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downeast Conservation Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downeast Conservation Foundation Inc is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $112K |
| Surplus / Deficit | $-92,008 |
| Total Assets | $506K |
| Total Liabilities | $1 |
| Net Assets | $506K |
| Operating Margin | -449.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 54.0 months |
Financial Health Grade: B
In 2023, Downeast Conservation Foundation Inc reported a deficit of $92K with expenses exceeding revenue, holds 54.0 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), Downeast Conservation Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -71.5% | +12.3% | -15.3% |
| 2022 | -32.8% | +14.7% | -4.4% |
| 2021 | +94.4% | +15.6% | +3.5% |
| 2020 | -26.4% | +1.2% | -2.9% |
| 2019 | +140.4% | +28.7% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Conservation Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Downeast Conservation Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all provided filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive 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 Downeast Conservation Foundation Inc's IRS 990 filings:
- Consistent and significant operational deficits, with expenses exceeding revenue in most recent filings (e.g., 202312: $112,474 expenses vs. $20,466 revenue).
- Declining asset base, from $625,340 in 202112 to $506,330 in 202312, indicating reliance on reserves.
- Latest revenue ($20,466 in 202312) is substantially lower than previous years, raising concerns about funding stability.
Strengths
The following positive indicators were identified for Downeast Conservation Foundation Inc:
- Zero reported officer compensation, suggesting a commitment to minimizing administrative overhead at the executive level.
- Long filing history (10 filings provided), indicating consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Downeast Conservation Foundation Inc
Is Downeast Conservation Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Downeast Conservation Foundation Inc (EIN: 113346666) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Downeast Conservation Foundation Inc spend its money?
Downeast Conservation Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Downeast Conservation Foundation Inc tax-deductible?
Downeast Conservation Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113346666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Downeast Conservation Foundation Inc's spending goes to programs?
Downeast Conservation Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Downeast Conservation Foundation Inc located?
Downeast Conservation Foundation Inc is headquartered in Edgecomb, Maine and files with the IRS under EIN 113346666.
How many years of IRS 990 filings does Downeast Conservation Foundation Inc have?
Downeast Conservation Foundation Inc 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 $200K in total revenue.
Is Downeast Conservation Foundation Inc. financially sustainable?
Based on the consistent operational deficits, particularly the $92,008 deficit in 202312 (Expenses $112,474 - Revenue $20,466), and declining assets, the organization's current financial model appears unsustainable without significant changes to revenue generation or expense management.
Why are assets declining?
Assets have declined from $625,340 in 202112 to $506,330 in 202312. This decline is likely due to the organization consistently spending more than it earns, drawing down its reserves to cover operational expenses.
What is the organization's plan to address the revenue shortfall?
The provided data does not detail the organization's plans. However, given the significant and recurring deficits, a robust strategy for increasing revenue or reducing expenses is critical for its future viability.
Filing History
IRS 990 filing history for Downeast Conservation Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Downeast Conservation Foundation Inc's revenue has declined by 57.4%, moving from $48K to $20K. Total assets decreased by 13.3% over the same period, from $584K to $506K. Total functional expenses rose by 135.5%, from $48K to $112K. In its most recent filing year (2023), Downeast Conservation Foundation Inc reported a deficit of $92K, with expenses exceeding revenue. The organization holds $1 in liabilities against $506K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $506K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $112K | $506K | $1 | — | — |
| 2022 | $72K | $100K | $598K | $1 | — | — |
| 2021 | $107K | $87K | $625K | $1 | — | — |
| 2020 | $55K | $76K | $604K | $1 | — | — |
| 2019 | $75K | $75K | $622K | $1 | — | View 990 |
| 2015 | $31K | $58K | $555K | $1 | — | View 990 |
| 2014 | $38K | $54K | $582K | $0 | — | View 990 |
| 2013 | $38K | $47K | $599K | $0 | — | View 990 |
| 2012 | $66K | $43K | $607K | $0 | — | View 990 |
| 2011 | $48K | $48K | $584K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $112K, and assets of $506K (revenue -71.5% year-over-year).
- 2022: Revenue of $72K, expenses of $100K, and assets of $598K (revenue -32.8% year-over-year).
- 2021: Revenue of $107K, expenses of $87K, and assets of $625K (revenue +94.4% year-over-year).
- 2020: Revenue of $55K, expenses of $76K, and assets of $604K (revenue -26.4% year-over-year).
- 2019: Revenue of $75K, expenses of $75K, and assets of $622K (revenue +140.4% year-over-year).
- 2015: Revenue of $31K, expenses of $58K, and assets of $555K (revenue -17.6% year-over-year).
- 2014: Revenue of $38K, expenses of $54K, and assets of $582K (revenue -1.6% year-over-year).
- 2013: Revenue of $38K, expenses of $47K, and assets of $599K (revenue -42.4% year-over-year).
- 2012: Revenue of $66K, expenses of $43K, and assets of $607K (revenue +38.3% year-over-year).
- 2011: Revenue of $48K, expenses of $48K, and assets of $584K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downeast Conservation Foundation Inc:
Data Sources and Methodology
This transparency report for Downeast Conservation Foundation 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.