Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children
Emile Levasseur Trust consistently operates with expenses exceeding modest revenues, drawing from growing assets.
EIN: 16070568 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $9K |
| Program Spending | 85% |
| Net Assets | $162K |
| Transparency Score | 75/100 |
Is Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children
Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children (EIN: 16070568) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $88K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children 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 -6.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $9K |
| Surplus / Deficit | $-2,970 |
| Total Assets | $162K |
| Total Liabilities | $1 |
| Net Assets | $162K |
| Operating Margin | -45.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 205.2 months |
Financial Health Grade: B
In 2024, Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children reported a deficit of $3K with expenses exceeding revenue, holds 205.2 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 Trust 523 Ua Fbo Camp Waban For Retarded Children's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +24.9% | -13.4% | -1.5% |
| 2023 | -76.3% | +8.2% | -3.4% |
| 2022 | +40.5% | +13.1% | +7.5% |
| 2021 | +483.7% | +3.6% | +4.4% |
| 2020 | -56.3% | -8.9% | +23.1% |
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 Trust 523 Ua Fbo Camp Waban For Retarded Children with a Mission Score of 75 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: 85%
- fundraising: 0%
According to IRS 990 filings, Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is either entirely volunteer-run or managed by an external entity without direct compensation from the trust, which is highly efficient for an organization of its 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 Trust 523 Ua Fbo Camp Waban For Retarded Children's IRS 990 filings:
- Consistent operating deficit (expenses exceeding revenue) in recent years, requiring asset drawdowns.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children:
- Zero officer compensation, indicating highly efficient administrative overhead.
- Consistent growth in assets over the long term, from $133,766 in 201208 to $161,527 in 202408.
- Very low liabilities, consistently $0 or $1, demonstrating strong financial stability.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children
Is Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children a legitimate charity?
Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children (EIN: 16070568) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $88K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children spend its money?
Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children tax-deductible?
Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children is registered as a tax-exempt nonprofit (EIN: 16070568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children located?
Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children is headquartered in Portland, Maine and files with the IRS under EIN 16070568.
How many years of IRS 990 filings does Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children have?
Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children 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 $88K in total revenue.
What are the specific program activities supported by the Emile Levasseur Trust?
The provided data indicates the trust is 'Fbo Camp Waban For Retarded Children,' suggesting its mission is to support Camp Waban. However, specific program details or direct grants are not itemized in the summary data.
How does the trust cover its expenses when revenue is consistently lower?
Given that expenses frequently exceed revenue (e.g., $9,445 expenses vs. $6,475 revenue in 202408), the trust likely draws from its accumulated assets, which have shown a gradual increase over time, to cover its operational costs and distributions.
What is the nature of the 'Camp Waban For Retarded Children' and the trust's relationship to it?
The name suggests a focus on supporting a camp for children with intellectual disabilities. The 'Fbo' (for the benefit of) indicates the trust acts as a funding mechanism for Camp Waban, but the exact nature of this support (e.g., direct grants, operational funding) is not detailed in the provided financial summary.
Filing History
IRS 990 filing history for Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children's revenue has declined by 55.3%, moving from $14K to $6K. Total assets increased by 17.2% over the same period, from $138K to $162K. Total functional expenses rose by 16.4%, from $8K to $9K. In its most recent filing year (2024), Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $162K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $162K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6K | $9K | $162K | $1 | — | — |
| 2023 | $5K | $11K | $164K | $1 | — | View 990 |
| 2022 | $22K | $10K | $170K | $1 | — | — |
| 2021 | $16K | $9K | $158K | $1 | — | View 990 |
| 2020 | $3K | $9K | $151K | $1 | — | View 990 |
| 2016 | $6K | $9K | $123K | $0 | — | View 990 |
| 2015 | $7K | $9K | $126K | $0 | — | View 990 |
| 2014 | $5K | $8K | $128K | $0 | — | View 990 |
| 2013 | $5K | $7K | $132K | $0 | — | View 990 |
| 2012 | $7K | $7K | $134K | $0 | — | View 990 |
| 2011 | $14K | $8K | $138K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6K, expenses of $9K, and assets of $162K (revenue +24.9% year-over-year).
- 2023: Revenue of $5K, expenses of $11K, and assets of $164K (revenue -76.3% year-over-year).
- 2022: Revenue of $22K, expenses of $10K, and assets of $170K (revenue +40.5% year-over-year).
- 2021: Revenue of $16K, expenses of $9K, and assets of $158K (revenue +483.7% year-over-year).
- 2020: Revenue of $3K, expenses of $9K, and assets of $151K (revenue -56.3% year-over-year).
- 2016: Revenue of $6K, expenses of $9K, and assets of $123K (revenue -15.6% year-over-year).
- 2015: Revenue of $7K, expenses of $9K, and assets of $126K (revenue +57.9% year-over-year).
- 2014: Revenue of $5K, expenses of $8K, and assets of $128K (revenue -10.5% year-over-year).
- 2013: Revenue of $5K, expenses of $7K, and assets of $132K (revenue -28.1% year-over-year).
- 2012: Revenue of $7K, expenses of $7K, and assets of $134K (revenue -50.9% year-over-year).
- 2011: Revenue of $14K, expenses of $8K, and assets of $138K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children:
Data Sources and Methodology
This transparency report for Emile Levasseur Trust 523 Ua Fbo Camp Waban For Retarded Children 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.