Ecology Education Inc
Ecology Education Inc shows significant asset growth but recent operating deficits, with no reported officer compensation.
EIN: 10522241 · Saco, ME · NTEE: C600 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $3.3M |
| Program Spending | 75% |
| Net Assets | $2.4M |
| Transparency Score | 85/100 |
Is Ecology Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ecology Education Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ecology Education Inc
Ecology Education Inc (EIN: 10522241) is a nonprofit organization based in Saco, ME, classified under NTEE code C600. The organization reported total revenue of $2.3M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ecology Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ecology Education Inc is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-815,692 |
| Total Assets | $14.7M |
| Total Liabilities | $12.3M |
| Net Assets | $2.4M |
| Operating Margin | -33.2% |
| Debt-to-Asset Ratio | 83.8% |
| Months of Reserves | 53.8 months |
Financial Health Grade: C
In 2023, Ecology Education Inc reported a deficit of $816K with expenses exceeding revenue, holds 53.8 months of operating reserves (strong position), has a debt-to-asset ratio of 83.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ecology Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | +16.4% | +0.6% |
| 2022 | +16.8% | +43.8% | -3.1% |
| 2021 | -19.8% | +74.1% | +8.6% |
| 2020 | +56.6% | -23.9% | +199.4% |
| 2019 | -28.2% | -3.1% | +36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Ecology Education Inc 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: 75%
- fundraising: 10%
According to IRS 990 filings, Ecology Education Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $816K, with expenses exceeding revenue.
- Debt-to-asset ratio: 83.8%.
Executive Compensation Analysis
Ecology Education Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, or that they are uncompensated volunteers, which is highly favorable for donor perception and resource allocation.
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 Ecology Education Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two fiscal periods (2022 and 2023), indicating operating deficits.
- Significant increase in liabilities from $127,615 in 2015 to $12,272,391 in 2023, which warrants further investigation into its nature and sustainability.
Strengths
The following positive indicators were identified for Ecology Education Inc:
- Consistent reporting of 0% officer compensation, indicating strong transparency or volunteer leadership.
- Significant asset growth from $384,065 in 2015 to $14,652,290 in 2023, demonstrating successful resource accumulation.
- Stable revenue streams, generally exceeding $2 million annually in recent years.
Frequently Asked Questions about Ecology Education Inc
Is Ecology Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ecology Education Inc (EIN: 10522241) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Ecology Education Inc spend its money?
Ecology Education Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ecology Education Inc tax-deductible?
Ecology Education Inc is registered as a tax-exempt nonprofit (EIN: 10522241). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ecology Education Inc's spending goes to programs?
Ecology Education Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ecology Education Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ecology Education Inc is above average for NTEE category C600 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ecology Education Inc located?
Ecology Education Inc is headquartered in Saco, Maine and files with the IRS under EIN 10522241. It is classified under NTEE code C600.
How many years of IRS 990 filings does Ecology Education Inc have?
Ecology Education 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 $2.3M in total revenue.
Why have expenses exceeded revenue in the last two fiscal periods (2022 and 2023)?
In 2023, expenses were $3,269,176 against revenue of $2,453,484, and in 2022, expenses were $2,809,507 against revenue of $2,566,646. This trend suggests the organization is either drawing down reserves, investing heavily, or facing increased operational costs that outpace income.
What is the nature of the significant increase in liabilities, from $127,615 in 2015 to $12,272,391 in 2023?
The substantial growth in liabilities alongside assets suggests potential debt financing for capital projects or property acquisition. Further investigation into the balance sheet would clarify the composition of these liabilities.
How does Ecology Education Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation implies that the organization's officers are either volunteers or compensated through other means not classified as officer compensation, which is a notable practice for a nonprofit of this size.
What is the organization's strategy for addressing the recent operating deficits?
With expenses exceeding revenue in 2022 and 2023, the organization needs a clear strategy to either increase revenue or reduce expenses to ensure long-term financial stability and avoid depleting reserves.
Filing History
IRS 990 filing history for Ecology Education Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ecology Education Inc's revenue has grown by 168%, moving from $915K to $2.5M. Total assets increased by 3315.4% over the same period, from $429K to $14.7M. Total functional expenses rose by 270.1%, from $883K to $3.3M. In its most recent filing year (2023), Ecology Education Inc reported a deficit of $816K, with expenses exceeding revenue. The organization holds $12.3M in liabilities against $14.7M in assets (debt-to-asset ratio: 83.8%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $3.3M | $14.7M | $12.3M | — | — |
| 2022 | $2.6M | $2.8M | $14.6M | $11.4M | — | — |
| 2021 | $2.2M | $2.0M | $15.0M | $11.6M | — | View 990 |
| 2020 | $2.7M | $1.1M | $13.8M | $10.6M | — | View 990 |
| 2019 | $1.8M | $1.5M | $4.6M | $3.0M | — | View 990 |
| 2018 | $2.4M | $1.5M | $3.4M | $2.1M | — | View 990 |
| 2017 | $1.1M | $1.1M | $2.2M | $1.8M | — | View 990 |
| 2016 | $1.1M | $1.0M | $630K | $283K | — | View 990 |
| 2015 | $950K | $999K | $384K | $128K | — | View 990 |
| 2014 | $986K | $909K | $394K | $82K | — | View 990 |
| 2013 | $881K | $992K | $315K | $84K | — | View 990 |
| 2012 | $919K | $918K | $400K | $66K | — | View 990 |
| 2011 | $915K | $883K | $429K | $99K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $3.3M, and assets of $14.7M (revenue -4.4% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.8M, and assets of $14.6M (revenue +16.8% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.0M, and assets of $15.0M (revenue -19.8% year-over-year).
- 2020: Revenue of $2.7M, expenses of $1.1M, and assets of $13.8M (revenue +56.6% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $4.6M (revenue -28.2% year-over-year).
- 2018: Revenue of $2.4M, expenses of $1.5M, and assets of $3.4M (revenue +117.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $2.2M (revenue +1.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $630K (revenue +16.0% year-over-year).
- 2015: Revenue of $950K, expenses of $999K, and assets of $384K (revenue -3.7% year-over-year).
- 2014: Revenue of $986K, expenses of $909K, and assets of $394K (revenue +12.0% year-over-year).
- 2013: Revenue of $881K, expenses of $992K, and assets of $315K (revenue -4.2% year-over-year).
- 2012: Revenue of $919K, expenses of $918K, and assets of $400K (revenue +0.4% year-over-year).
- 2011: Revenue of $915K, expenses of $883K, and assets of $429K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ecology Education Inc:
Data Sources and Methodology
This transparency report for Ecology Education 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.