Fort Fairfield Educational Fund
Fort Fairfield Educational Fund maintains strong asset growth and zero officer compensation, indicating efficient operations.
EIN: 204539252 · Ft Fairfield, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $28K |
| Program Spending | 90% |
| Net Assets | $379K |
| Transparency Score | 95/100 |
Is Fort Fairfield Educational Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fort Fairfield Educational Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fort Fairfield Educational Fund
Fort Fairfield Educational Fund (EIN: 204539252) is a nonprofit organization based in Ft Fairfield, ME, classified under NTEE code B82. The organization reported total revenue of $71K and total assets of $400K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Fairfield Educational Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Fairfield Educational Fund is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $28K |
| Surplus / Deficit | +$27K |
| Total Assets | $379K |
| Net Assets | $379K |
| Operating Margin | 49.6% |
| Months of Reserves | 163.4 months |
Financial Health Grade: A
In 2024, Fort Fairfield Educational Fund reported a surplus of $27K with revenue exceeding expenses, holds 163.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Fort Fairfield Educational Fund's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +221.5% | +175.9% | +11.5% |
| 2023 | -48.4% | -80.3% | -5.2% |
| 2022 | +18.5% | +116.5% | -9.3% |
| 2021 | +111.9% | +61.6% | +29.4% |
| 2020 | -33.3% | -20.0% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Fort Fairfield Educational Fund with a Mission Score of 95 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, Fort Fairfield Educational Fund 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization operates with volunteer leadership or very minimal, non-compensated administrative roles, 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.
Strengths
The following positive indicators were identified for Fort Fairfield Educational Fund:
- Consistent asset growth (from $305,611 in 2020 to $378,973 in 2024)
- Zero officer compensation reported across all filings, indicating high efficiency
- Minimal to no liabilities, demonstrating strong financial solvency
- Consistent IRS 990 filing history (13 filings), showing commitment to transparency
- Strong program focus due to very low administrative overhead
Frequently Asked Questions about Fort Fairfield Educational Fund
Is Fort Fairfield Educational Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Fort Fairfield Educational Fund (EIN: 204539252) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Fort Fairfield Educational Fund spend its money?
Fort Fairfield Educational Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fort Fairfield Educational Fund tax-deductible?
Fort Fairfield Educational Fund is registered as a tax-exempt nonprofit (EIN: 204539252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Fort Fairfield Educational Fund compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Fort Fairfield Educational Fund is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fort Fairfield Educational Fund located?
Fort Fairfield Educational Fund is headquartered in Ft Fairfield, Maine and files with the IRS under EIN 204539252. It is classified under NTEE code B82.
How many years of IRS 990 filings does Fort Fairfield Educational Fund have?
Fort Fairfield Educational Fund has 13 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 $71K in total revenue.
Is Fort Fairfield Educational Fund a good charity?
Yes, based on the available data, the Fort Fairfield Educational Fund appears to be a very good charity. It demonstrates strong financial health with growing assets ($378,973 in 2024), extremely high spending efficiency (0% officer compensation), and a clear focus on its mission without significant overhead.
How does the organization manage its expenses?
The organization manages its expenses very efficiently. For instance, in 2024, with revenues of $55,221, expenses were $27,830. A key indicator of efficiency is the consistent reporting of 0% officer compensation across all filings, suggesting that administrative costs are kept extremely low, likely through volunteer efforts.
What is the trend in the organization's assets?
The organization's assets show a positive growth trend over time. From $305,611 in 2020, assets have increased to $378,973 in 2024, indicating successful financial stewardship and accumulation of resources for its long-term mission.
Does the organization have any debt?
The organization consistently reports zero liabilities in most years, with only one instance of $30,000 in liabilities in 2022, which was resolved by the following year. This indicates a very strong financial position with minimal to no debt.
Filing History
IRS 990 filing history for Fort Fairfield Educational Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Fort Fairfield Educational Fund's revenue has grown by 450.8%, moving from $10K to $55K. Total assets increased by 66.5% over the same period, from $228K to $379K. Total functional expenses rose by 15.4%, from $24K to $28K. In its most recent filing year (2024), Fort Fairfield Educational Fund reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $55K | $28K | $379K | $0 | — | — |
| 2023 | $17K | $10K | $340K | $0 | — | View 990 |
| 2022 | $33K | $51K | $359K | $30K | — | — |
| 2021 | $28K | $24K | $395K | $0 | — | — |
| 2020 | $13K | $15K | $306K | $0 | — | View 990 |
| 2019 | $20K | $18K | $304K | $0 | — | View 990 |
| 2018 | $34K | $38K | $296K | $0 | — | View 990 |
| 2017 | $32K | $23K | $294K | $0 | — | View 990 |
| 2016 | $19K | $28K | $267K | $0 | — | View 990 |
| 2015 | $33K | $22K | $275K | $0 | — | View 990 |
| 2014 | $47K | $19K | $264K | $0 | — | View 990 |
| 2013 | $39K | $30K | $236K | $0 | — | View 990 |
| 2012 | $10K | $24K | $228K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $55K, expenses of $28K, and assets of $379K (revenue +221.5% year-over-year).
- 2023: Revenue of $17K, expenses of $10K, and assets of $340K (revenue -48.4% year-over-year).
- 2022: Revenue of $33K, expenses of $51K, and assets of $359K (revenue +18.5% year-over-year).
- 2021: Revenue of $28K, expenses of $24K, and assets of $395K (revenue +111.9% year-over-year).
- 2020: Revenue of $13K, expenses of $15K, and assets of $306K (revenue -33.3% year-over-year).
- 2019: Revenue of $20K, expenses of $18K, and assets of $304K (revenue -42.0% year-over-year).
- 2018: Revenue of $34K, expenses of $38K, and assets of $296K (revenue +7.4% year-over-year).
- 2017: Revenue of $32K, expenses of $23K, and assets of $294K (revenue +66.5% year-over-year).
- 2016: Revenue of $19K, expenses of $28K, and assets of $267K (revenue -42.3% year-over-year).
- 2015: Revenue of $33K, expenses of $22K, and assets of $275K (revenue -28.9% year-over-year).
- 2014: Revenue of $47K, expenses of $19K, and assets of $264K (revenue +20.5% year-over-year).
- 2013: Revenue of $39K, expenses of $30K, and assets of $236K (revenue +287.0% year-over-year).
- 2012: Revenue of $10K, expenses of $24K, and assets of $228K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Fairfield Educational Fund:
Data Sources and Methodology
This transparency report for Fort Fairfield Educational Fund 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.