Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al
Small endowment consistently spends more than it earns, drawing down assets over time.
EIN: 16070905 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $19K |
| Program Spending | 70% |
| Net Assets | $164K |
| Transparency Score | 65/100 |
Is Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al (EIN: 16070905) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $85K and total assets of $182K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al is a micro nonprofit that has been operating for 43 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $19K |
| Surplus / Deficit | $-9,288 |
| Total Assets | $164K |
| Total Liabilities | $1 |
| Net Assets | $164K |
| Operating Margin | -100.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 105.9 months |
Financial Health Grade: B
In 2024, Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al reported a deficit of $9K with expenses exceeding revenue, holds 105.9 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 (2011–2024), Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.2% | -6.2% | -4.4% |
| 2023 | +23.1% | +6.2% | -5.8% |
| 2022 | +2.9% | +8.3% | -5.8% |
| 2021 | +4.7% | +1.8% | -4.9% |
| 2020 | -29.9% | -1.2% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, indicating a volunteer-led board or minimal paid executive staff, which is highly efficient for an organization of this size.
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 Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al's IRS 990 filings:
- Consistent deficit spending (expenses exceed revenue) across multiple years, e.g., $18,570 expenses vs. $9,282 revenue in 202408.
- Declining asset base over the past decade, from $249,864 in 201208 to $163,857 in 202408.
- Unknown NTEE code, making it difficult to understand the organization's primary purpose and impact.
- Lack of detailed program expense breakdown in available data.
Strengths
The following positive indicators were identified for Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al:
- Zero reported officer compensation, indicating efficient use of funds for leadership.
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
- Low liabilities ($1 in recent years), suggesting good financial management of debt.
- Stable, albeit declining, asset base provides a buffer for operations.
Frequently Asked Questions about Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al
Is Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al a legitimate charity?
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al (EIN: 16070905) 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: $85K. 4 red flags identified. 4 strengths noted. Financial health grade: B.
How does Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al spend its money?
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al tax-deductible?
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al is registered as a tax-exempt nonprofit (EIN: 16070905). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al's spending goes to programs?
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al located?
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al is headquartered in Portland, Maine and files with the IRS under EIN 16070905.
How many years of IRS 990 filings does Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al have?
Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al 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 $85K in total revenue.
What is the specific mission or program activity of Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al?
The NTEE code is unknown, and the filings do not provide detailed program descriptions, making it difficult to ascertain the specific mission or activities beyond the name suggesting a memorial trust for the YMCA.
Why does the organization consistently spend more than its revenue?
The organization consistently reports expenses exceeding revenue, for example, $18,570 in expenses against $9,282 in revenue in 202408. This suggests it is drawing down on its asset base to cover operational costs or distributions.
What is the long-term sustainability plan given the declining asset base?
Assets have decreased from $249,864 in 201208 to $163,857 in 202408. Without an increase in revenue or a reduction in expenses, the current spending pattern is not sustainable in the very long term.
Filing History
IRS 990 filing history for Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al's revenue has grown by 83%, moving from $5K to $9K. Total assets decreased by 35% over the same period, from $252K to $164K. Total functional expenses rose by 42.4%, from $13K to $19K. In its most recent filing year (2024), Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $164K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $9K | $19K | $164K | $1 | — | — |
| 2023 | $9K | $20K | $171K | $1 | — | View 990 |
| 2022 | $8K | $19K | $182K | $1 | — | — |
| 2021 | $7K | $17K | $193K | $1 | — | View 990 |
| 2020 | $7K | $17K | $203K | $1 | — | View 990 |
| 2016 | $10K | $17K | $228K | $0 | — | View 990 |
| 2015 | $13K | $17K | $235K | $0 | — | View 990 |
| 2014 | $8K | $15K | $238K | $0 | — | View 990 |
| 2013 | $9K | $14K | $245K | $0 | — | View 990 |
| 2012 | $11K | $10K | $250K | $0 | — | View 990 |
| 2011 | $5K | $13K | $252K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $9K, expenses of $19K, and assets of $164K (revenue +0.2% year-over-year).
- 2023: Revenue of $9K, expenses of $20K, and assets of $171K (revenue +23.1% year-over-year).
- 2022: Revenue of $8K, expenses of $19K, and assets of $182K (revenue +2.9% year-over-year).
- 2021: Revenue of $7K, expenses of $17K, and assets of $193K (revenue +4.7% year-over-year).
- 2020: Revenue of $7K, expenses of $17K, and assets of $203K (revenue -29.9% year-over-year).
- 2016: Revenue of $10K, expenses of $17K, and assets of $228K (revenue -25.4% year-over-year).
- 2015: Revenue of $13K, expenses of $17K, and assets of $235K (revenue +58.9% year-over-year).
- 2014: Revenue of $8K, expenses of $15K, and assets of $238K (revenue -8.3% year-over-year).
- 2013: Revenue of $9K, expenses of $14K, and assets of $245K (revenue -16.2% year-over-year).
- 2012: Revenue of $11K, expenses of $10K, and assets of $250K (revenue +115.6% year-over-year).
- 2011: Revenue of $5K, expenses of $13K, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al:
Data Sources and Methodology
This transparency report for Emile Levasseur Tr Uw Ethel Trafton Levasseur Mem Ymca Et Al 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.