Facilities Inc

Facilities Inc. shows fluctuating revenue but consistent asset base, with no reported officer compensation.

EIN: 10369793 · Caribou, ME · NTEE: Z99Z · Updated: 2026-03-28

$774KRevenue

$2.2MAssets

85/100Mission Score (Excellent)

Z99Z

About Facilities Inc

Facilities Inc (EIN: 10369793) is a nonprofit organization based in Caribou, ME, classified under NTEE code Z99Z. The organization reported total revenue of $774K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Facilities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Facilities Inc. demonstrates a generally stable financial position with assets consistently over $2 million, reaching $2,206,964 in the latest filing. However, the organization experienced a deficit in its most recent fiscal period (202309), with expenses of $295,794 exceeding revenue of $235,152. This contrasts with the prior period (202209) where revenue significantly outpaced expenses ($536,859 vs. $278,127). The organization's liabilities have shown a positive trend, decreasing from a high of $1,402,249 in 201409 to $95,615 in 202309, indicating improved financial management in this area. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead related to executive pay, which is a positive indicator for spending efficiency and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Facilities 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Facilities Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly unusual for an organization of this size and asset base, or suggests compensation is covered by other means not reported here.

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 Facilities Inc's IRS 990 filings:

Significant revenue volatility between fiscal years (e.g., $536,859 in 202209 to $235,152 in 202309)
Operating at a deficit in the most recent fiscal period (202309: expenses $295,794 > revenue $235,152)
Consistent 0% officer compensation, which may obscure how leadership is compensated or sustained.

Strengths

The following positive indicators were identified for Facilities Inc:

Strong asset base consistently over $2 million ($2,206,964 latest)
Significant reduction in liabilities over time (from $1,402,249 in 201409 to $95,615 in 202309)
No reported officer compensation, indicating low administrative overhead in this specific area.

Frequently Asked Questions about Facilities Inc

Is Facilities Inc. financially stable given the recent deficit?

While Facilities Inc. reported a deficit in 202309 ($235,152 revenue vs. $295,794 expenses), its substantial asset base of $2,200,840 and significantly reduced liabilities ($95,615) suggest a strong underlying financial stability that can likely absorb short-term fluctuations.

What caused the significant revenue fluctuation between 202209 ($536,859) and 202309 ($235,152)?

The provided data does not specify the reasons for the revenue fluctuation. Further investigation into the organization's revenue sources and activities during those periods would be necessary to understand this change.

How does Facilities Inc. manage without officer compensation?

The consistent reporting of 0% officer compensation is unusual. It could indicate that executive functions are performed by volunteers, compensated through a related entity, or that the organization's structure does not involve paid officers in the traditional sense. This warrants further inquiry for full transparency.

Filing History

IRS 990 filing history for Facilities Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Facilities Inc's revenue has grown by 65.4%, moving from $142K to $235K. Total assets decreased by 38.4% over the same period, from $3.6M to $2.2M. Total functional expenses rose by 69.1%, from $175K to $296K. In its most recent filing year (2023), Facilities Inc reported a deficit of $61K, with expenses exceeding revenue. The organization holds $96K in liabilities against $2.2M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $2.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$235K	$296K	$2.2M	$96K	—	View 990
2022	$537K	$278K	$2.2M	$110K	—	View 990
2021	$265K	$244K	$2.7M	$795K	—	View 990
2020	$260K	$226K	$2.7M	$868K	—	View 990
2019	$262K	$217K	$2.8M	$950K	—	View 990
2018	$275K	$205K	$2.8M	$1.0M	—	View 990
2017	$22K	$197K	$2.8M	$1.1M	—	View 990
2016	$292K	$191K	$3.1M	$1.2M	—	View 990
2015	$249K	$210K	$3.1M	$1.3M	—	View 990
2014	$269K	$256K	$3.2M	$1.4M	—	View 990
2013	$238K	$197K	$3.4M	$1.7M	—	View 990
2012	$227K	$222K	$3.5M	$1.7M	—	View 990
2011	$142K	$175K	$3.6M	$1.8M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $235K, expenses of $296K, and assets of $2.2M (revenue -56.2% year-over-year).
2022: Revenue of $537K, expenses of $278K, and assets of $2.2M (revenue +102.3% year-over-year).
2021: Revenue of $265K, expenses of $244K, and assets of $2.7M (revenue +1.9% year-over-year).
2020: Revenue of $260K, expenses of $226K, and assets of $2.7M (revenue -0.7% year-over-year).
2019: Revenue of $262K, expenses of $217K, and assets of $2.8M (revenue -4.7% year-over-year).
2018: Revenue of $275K, expenses of $205K, and assets of $2.8M (revenue +1160.8% year-over-year).
2017: Revenue of $22K, expenses of $197K, and assets of $2.8M (revenue -92.5% year-over-year).
2016: Revenue of $292K, expenses of $191K, and assets of $3.1M (revenue +17.3% year-over-year).
2015: Revenue of $249K, expenses of $210K, and assets of $3.1M (revenue -7.4% year-over-year).
2014: Revenue of $269K, expenses of $256K, and assets of $3.2M (revenue +12.8% year-over-year).
2013: Revenue of $238K, expenses of $197K, and assets of $3.4M (revenue +5.0% year-over-year).
2012: Revenue of $227K, expenses of $222K, and assets of $3.5M (revenue +59.6% year-over-year).
2011: Revenue of $142K, expenses of $175K, and assets of $3.6M.

Data Sources and Methodology

This transparency report for Facilities 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.