Edward Little High School Tr
Edward Little High School Tr faces consistent deficits, drawing down assets despite zero officer compensation.
EIN: 16029596 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $15K |
| Program Spending | 80% |
| Net Assets | $112K |
| Transparency Score | 65/100 |
Is Edward Little High School Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edward Little High School Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edward Little High School Tr
Edward Little High School Tr (EIN: 16029596) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $21K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward Little High School Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward Little High School Tr is a micro nonprofit, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $15K |
| Surplus / Deficit | $-9,986 |
| Total Assets | $112K |
| Total Liabilities | $1 |
| Net Assets | $112K |
| Operating Margin | -199.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 89.9 months |
Financial Health Grade: B
In 2024, Edward Little High School Tr reported a deficit of $10K with expenses exceeding revenue, holds 89.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Edward Little High School Tr's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +307.3% | -9.8% | -8.2% |
| 2023 | -73.4% | -11.0% | -11.2% |
| 2022 | -56.2% | +84.4% | -9.3% |
| 2021 | +50.7% | -24.2% | +0.3% |
| 2020 | -0.3% | +23.5% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Edward Little High School Tr with a Mission Score of 65 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, Edward Little High School Tr 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization does not pay its officers, which is highly efficient for an organization of its size and suggests a volunteer-driven leadership.
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 Edward Little High School Tr's IRS 990 filings:
- Consistent operational deficits (e.g., 202407: $5,010 revenue vs. $14,996 expenses)
- Declining net assets over time (from $176,391 in 201507 to $112,316 in 202407)
- Negative revenue reported in one period (201607: $-3,607 revenue)
Strengths
The following positive indicators were identified for Edward Little High School Tr:
- Zero officer compensation reported across all filings, indicating volunteer leadership or highly efficient administrative costs.
- Consistent IRS 990 filing history (11 filings), demonstrating strong transparency and compliance.
- Maintains a significant asset base relative to annual revenue, providing some financial cushion despite recent deficits.
Frequently Asked Questions about Edward Little High School Tr
Is Edward Little High School Tr a legitimate charity?
Edward Little High School Tr (EIN: 16029596) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $21K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Edward Little High School Tr spend its money?
Edward Little High School Tr directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Edward Little High School Tr tax-deductible?
Edward Little High School Tr is registered as a tax-exempt nonprofit (EIN: 16029596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Edward Little High School Tr's spending goes to programs?
Edward Little High School Tr directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Edward Little High School Tr located?
Edward Little High School Tr is headquartered in Portland, Maine and files with the IRS under EIN 16029596.
How many years of IRS 990 filings does Edward Little High School Tr have?
Edward Little High School Tr has 11 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 $21K in total revenue.
Is Edward Little High School Tr a good charity?
While the organization demonstrates strong financial transparency through consistent filings and zero officer compensation, its financial sustainability is a concern due to consistent deficits and declining assets in recent years. Donors should understand how their contributions will address these deficits.
Why are expenses consistently higher than revenue?
The provided data shows that in most recent periods (e.g., 202407, 202307, 202207), expenses significantly exceeded revenue. This suggests the organization is either operating at a loss, drawing down on reserves, or relying on non-reported income sources. Further detail on the nature of these expenses would be needed for a complete understanding.
What is the long-term financial outlook for Edward Little High School Tr?
Given the trend of declining assets from $176,391 in 201507 to $112,316 in 202407, and consistent operational deficits, the long-term financial outlook appears challenging without a significant increase in sustainable revenue or a reduction in expenses.
Filing History
IRS 990 filing history for Edward Little High School Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Edward Little High School Tr's revenue has declined by 9.2%, moving from $6K to $5K. Total assets decreased by 1% over the same period, from $113K to $112K. Total functional expenses rose by 130.1%, from $7K to $15K. In its most recent filing year (2024), Edward Little High School Tr reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1 in liabilities against $112K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $112K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5K | $15K | $112K | $1 | — | — |
| 2023 | $1K | $17K | $122K | $1 | — | — |
| 2022 | $5K | $19K | $138K | $1 | — | View 990 |
| 2021 | $11K | $10K | $152K | $1 | — | — |
| 2020 | $7K | $13K | $151K | $1 | — | — |
| 2019 | $7K | $11K | $158K | $0 | — | — |
| 2016 | $-3,607 | $8K | $165K | $0 | — | View 990 |
| 2015 | $48K | $2K | $176K | $0 | — | View 990 |
| 2014 | $17K | $9K | $119K | $0 | — | View 990 |
| 2013 | $2K | $5K | $111K | $0 | — | View 990 |
| 2012 | $6K | $7K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5K, expenses of $15K, and assets of $112K (revenue +307.3% year-over-year).
- 2023: Revenue of $1K, expenses of $17K, and assets of $122K (revenue -73.4% year-over-year).
- 2022: Revenue of $5K, expenses of $19K, and assets of $138K (revenue -56.2% year-over-year).
- 2021: Revenue of $11K, expenses of $10K, and assets of $152K (revenue +50.7% year-over-year).
- 2020: Revenue of $7K, expenses of $13K, and assets of $151K (revenue -0.3% year-over-year).
- 2019: Revenue of $7K, expenses of $11K, and assets of $158K.
- 2016: Revenue of $-3,607, expenses of $8K, and assets of $165K (revenue -107.6% year-over-year).
- 2015: Revenue of $48K, expenses of $2K, and assets of $176K (revenue +180.8% year-over-year).
- 2014: Revenue of $17K, expenses of $9K, and assets of $119K (revenue +814.6% year-over-year).
- 2013: Revenue of $2K, expenses of $5K, and assets of $111K (revenue -66.4% year-over-year).
- 2012: Revenue of $6K, expenses of $7K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward Little High School Tr:
Data Sources and Methodology
This transparency report for Edward Little High School Tr 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.