Foreside Woods Homeowners Association
Foreside Woods Homeowners Association reports no revenue or assets in its latest IRS filing.
EIN: 203877195 · Falmouth, ME · NTEE: L50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Foreside Woods Homeowners Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foreside Woods Homeowners Association directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foreside Woods Homeowners Association
Foreside Woods Homeowners Association (EIN: 203877195) is a nonprofit organization based in Falmouth, ME, classified under NTEE code L50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foreside Woods Homeowners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2024 |
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 Foreside Woods Homeowners Association with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Foreside Woods Homeowners Association allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No executive compensation data is available as the organization reports $0 in revenue and assets, indicating no paid staff or significant financial activity to support such compensation.
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 Foreside Woods Homeowners Association's IRS 990 filings:
- Lack of financial data makes assessment impossible
Strengths
The following positive indicators were identified for Foreside Woods Homeowners Association:
- Likely low overhead due to no reported financial activity
- Community-focused mission (Homeowners & Tenants Organizations)
Frequently Asked Questions about Foreside Woods Homeowners Association
Is Foreside Woods Homeowners Association a legitimate charity?
Foreside Woods Homeowners Association (EIN: 203877195) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 50/100. 1 red flag identified. 2 strengths noted. Financial health grade: D.
How does Foreside Woods Homeowners Association spend its money?
Foreside Woods Homeowners Association directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Foreside Woods Homeowners Association tax-deductible?
Foreside Woods Homeowners Association is registered as a tax-exempt nonprofit (EIN: 203877195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Foreside Woods Homeowners Association CEO make?
Foreside Woods Homeowners Association's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Foreside Woods Homeowners Association compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Foreside Woods Homeowners Association is near average for NTEE category L50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foreside Woods Homeowners Association located?
Foreside Woods Homeowners Association is headquartered in Falmouth, Maine and files with the IRS under EIN 203877195. It is classified under NTEE code L50.
Is Foreside Woods Homeowners Association a good charity?
Based on the provided IRS 990 data showing $0 revenue and assets, it's not possible to assess its effectiveness as a 'charity' in the traditional sense. It functions more as a member-based association.
How does Foreside Woods Homeowners Association spend its money?
The latest IRS 990 filing indicates no reported revenue or assets, meaning there is no financial activity to analyze regarding spending. It likely operates on a very small scale, possibly with direct member contributions for specific needs.
Data Sources and Methodology
This transparency report for Foreside Woods Homeowners 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.