Ellsworth High School Alumni Association

Ellsworth High School Alumni Association maintains strong asset growth with 0% officer compensation.

EIN: 10517798 · Ellsworth, ME · NTEE: B84 · Updated: 2026-03-28

$190KRevenue
$88KGross Revenue
$1.1MAssets
95/100Mission Score (Excellent)
B84
Ellsworth High School Alumni Association Financial Summary
MetricValue
Total Revenue$190K
Total Expenses$44K
Program Spending90%
CEO/Top Officer Pay$1
Net Assets$992K
Transparency Score95/100

Is Ellsworth High School Alumni Association Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Ellsworth High School Alumni Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Ellsworth High School Alumni Association

Ellsworth High School Alumni Association (EIN: 10517798) is a nonprofit organization based in Ellsworth, ME, classified under NTEE code B84. The organization reported total revenue of $190K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ellsworth High School Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

28Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Ellsworth High School Alumni Association is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -4.5%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$44K
Total Expenses$44K
Surplus / Deficit$-646
Total Assets$1.0M
Total Liabilities$30K
Net Assets$992K
Operating Margin-1.5%
Debt-to-Asset Ratio2.9%
Months of Reserves277.0 months

Financial Health Grade: B

In 2024, Ellsworth High School Alumni Association reported a deficit of $646 with expenses exceeding revenue, holds 277.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).

Financial Trends

Over 13 years of filings (2012–2024), Ellsworth High School Alumni Association's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.

YearRevenue ChangeExpense ChangeAsset Change
2024+5.1%+12.7%+7.0%
2023-38.0%+3.7%+6.8%
2022+117.0%+14.5%-2.6%
2021-28.1%-11.0%+17.5%
2020-35.6%+9.6%+0.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1998

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Ellsworth High School Alumni Association demonstrates consistent financial stability and a strong commitment to its program services. With assets growing steadily from $599,210 in 2015 to $1,022,423 in 2024, the organization maintains a healthy financial position. Revenue has fluctuated, but generally covers expenses, as seen in periods like 202306 where revenue was $41,519 against expenses of $39,297. The organization's liabilities are consistently low relative to its assets, indicating good financial management. Spending efficiency appears high, primarily due to the reported 0% officer compensation across all filings, suggesting a volunteer-driven model. This significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards its mission. The consistent growth in assets, even during periods where expenses slightly exceeded revenue (e.g., 202406 with $43,654 revenue and $44,300 expenses), indicates effective long-term financial planning and investment strategies. Transparency is excellent, particularly given the consistent reporting of 0% officer compensation, which is a key indicator of a lean operational structure. The regular filing of IRS 990s over many years provides a clear historical record of its financial activities, allowing for thorough public scrutiny and demonstrating accountability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ellsworth High School Alumni Association with a Mission Score of 95 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

According to IRS 990 filings, Ellsworth High School Alumni Association allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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:

$44KTotal Revenue
$44KTotal Expenses
$1.0MTotal Assets
$30KTotal Liabilities
$992KNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization is likely run by volunteers, which is highly efficient for an organization of its size with assets exceeding $1 million.

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.

Strengths

The following positive indicators were identified for Ellsworth High School Alumni Association:

Frequently Asked Questions about Ellsworth High School Alumni Association

Is Ellsworth High School Alumni Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Ellsworth High School Alumni Association (EIN: 10517798) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Ellsworth High School Alumni Association spend its money?

Ellsworth High School Alumni Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Ellsworth High School Alumni Association tax-deductible?

Ellsworth High School Alumni Association is registered as a tax-exempt nonprofit (EIN: 10517798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Ellsworth High School Alumni Association CEO make?

Ellsworth High School Alumni Association's highest-compensated officer earns $1 annually. The organization reported $190K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Ellsworth High School Alumni Association's spending goes to programs?

Ellsworth High School Alumni Association directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Ellsworth High School Alumni Association compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Ellsworth High School Alumni Association is above average for NTEE category B84 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Ellsworth High School Alumni Association located?

Ellsworth High School Alumni Association is headquartered in Ellsworth, Maine and files with the IRS under EIN 10517798. It is classified under NTEE code B84.

How many years of IRS 990 filings does Ellsworth High School Alumni Association have?

Ellsworth High School Alumni Association 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 $190K in total revenue.

Is Ellsworth High School Alumni Association a good charity?

Yes, based on the available data, it appears to be a very good charity. It demonstrates strong financial health with growing assets, very low administrative costs (0% officer compensation), and consistent program focus.

How has the organization's asset base changed over time?

The organization's assets have shown consistent growth, increasing from $599,210 in 2015 to $1,022,423 in 2024, indicating strong financial management and stability.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led model that minimizes overhead and maximizes resources for its mission.

Filing History

IRS 990 filing history for Ellsworth High School Alumni Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Ellsworth High School Alumni Association's revenue has declined by 42.4%, moving from $76K to $44K. Total assets increased by 99.2% over the same period, from $513K to $1.0M. Total functional expenses rose by 84.1%, from $24K to $44K. In its most recent filing year (2024), Ellsworth High School Alumni Association reported a deficit of $646, with expenses exceeding revenue. The organization holds $30K in liabilities against $1.0M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $992K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $44K $44K $1.0M $30K
2023 $42K $39K $955K $25K
2022 $67K $38K $895K $22K View 990
2021 $31K $33K $919K $27K
2020 $43K $37K $782K $22K View 990
2019 $67K $34K $776K $21K View 990
2018 $55K $34K $719K $21K View 990
2017 $53K $34K $689K $19K View 990
2016 $27K $31K $652K $17K View 990
2015 $44K $27K $599K $16K View 990
2014 $49K $26K $609K $15K View 990
2013 $45K $23K $550K $12K View 990
2012 $76K $24K $513K $15K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ellsworth High School Alumni Association:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Ellsworth High School Alumni Association 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.

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