Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of
Forest J Pare Post 1285 experiences a significant revenue surge in its latest filing, contrasting with historical financial stability and declining assets.
EIN: 10222037 · Waterville, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $652K |
| Total Expenses | $193K |
| Program Spending | 80% |
| Net Assets | $227K |
| Transparency Score | 70/100 |
Is Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of (EIN: 10222037) is a nonprofit organization based in Waterville, ME. The organization reported total revenue of $652K and total assets of $229K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of is a small nonprofit that has been operating for 39 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $170K |
| Total Expenses | $193K |
| Surplus / Deficit | $-22,592 |
| Total Assets | $229K |
| Total Liabilities | $2K |
| Net Assets | $227K |
| Operating Margin | -13.3% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 14.2 months |
Financial Health Grade: B
In 2018, Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of reported a deficit of $23K with expenses exceeding revenue, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +0.5% | +13.7% | -8.9% |
| 2017 | +26.1% | +6.8% | +0.1% |
| 2016 | -11.3% | -11.4% | -9.2% |
| 2015 | +19.2% | +2.3% | -9.1% |
| 2014 | -26.2% | -3.4% | -13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of with a Mission Score of 70 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: 80%
- fundraising: 5%
According to IRS 990 filings, Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are likely volunteers, which is a positive sign for minimizing administrative overhead.
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 Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of's IRS 990 filings:
- Significant unexplained revenue spike in the latest filing ($651,715 vs. historical ~$150k)
- Gradual decline in total assets over the past several years (from $384,377 in 2011 to $229,034 in 2018)
- Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult
Strengths
The following positive indicators were identified for Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of:
- Consistent IRS 990 filing history (8 filings) demonstrates regulatory compliance
- 0% officer compensation reported across all filings, indicating volunteer leadership and low executive overhead
- Consistently low liabilities, suggesting responsible debt management
- Stable historical revenue and expense levels prior to the latest filing
Frequently Asked Questions about Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of
Is Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of a legitimate charity?
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of (EIN: 10222037) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 8 years of IRS 990 filings on record. Total revenue: $652K. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of spend its money?
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of tax-deductible?
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of is registered as a tax-exempt nonprofit (EIN: 10222037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of's spending goes to programs?
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of located?
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of is headquartered in Waterville, Maine and files with the IRS under EIN 10222037.
How many years of IRS 990 filings does Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of have?
Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of has 8 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 $652K in total revenue.
What caused the significant increase in revenue to $651,715 in the latest period, compared to historical revenues around $150,000?
The provided data does not specify the source of this substantial revenue increase. Further examination of the full IRS Form 990 for the latest period would be necessary to identify the nature of this income.
How does the organization allocate its expenses between program services, administration, and fundraising?
The provided summary data does not include a detailed breakdown of expenses. A full IRS Form 990 would be required to determine the specific percentages allocated to programs, administration, and fundraising.
What is the reason for the gradual decline in assets from $384,377 in 2011 to $229,034 in 2018?
The provided data does not offer an explanation for the asset decline. This trend could be due to various factors such as asset depreciation, sale of assets, or use of reserves, which would require further investigation of the organization's financial statements.
Filing History
IRS 990 filing history for Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of's revenue has declined by 2.3%, moving from $174K to $170K. Total assets decreased by 40.4% over the same period, from $384K to $229K. Total functional expenses rose by 14.1%, from $169K to $193K. In its most recent filing year (2018), Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of reported a deficit of $23K, with expenses exceeding revenue. The organization holds $2K in liabilities against $229K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $227K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $170K | $193K | $229K | $2K | — | View 990 |
| 2017 | $169K | $170K | $251K | $2K | — | View 990 |
| 2016 | $134K | $159K | $251K | $2K | — | View 990 |
| 2015 | $151K | $179K | $277K | $3K | — | View 990 |
| 2014 | $127K | $175K | $304K | $2K | — | View 990 |
| 2013 | $172K | $182K | $353K | $2K | — | View 990 |
| 2012 | $150K | $172K | $362K | $2K | — | View 990 |
| 2011 | $174K | $169K | $384K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $170K, expenses of $193K, and assets of $229K (revenue +0.5% year-over-year).
- 2017: Revenue of $169K, expenses of $170K, and assets of $251K (revenue +26.1% year-over-year).
- 2016: Revenue of $134K, expenses of $159K, and assets of $251K (revenue -11.3% year-over-year).
- 2015: Revenue of $151K, expenses of $179K, and assets of $277K (revenue +19.2% year-over-year).
- 2014: Revenue of $127K, expenses of $175K, and assets of $304K (revenue -26.2% year-over-year).
- 2013: Revenue of $172K, expenses of $182K, and assets of $353K (revenue +14.8% year-over-year).
- 2012: Revenue of $150K, expenses of $172K, and assets of $362K (revenue -14.1% year-over-year).
- 2011: Revenue of $174K, expenses of $169K, and assets of $384K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of:
Data Sources and Methodology
This transparency report for Forest J Pare Post 1285 Of The Veterans Of Foreign Wars Inc Of 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.