Franco American Heritage Center At St Marys
Franco American Heritage Center At St Marys frequently operates at a deficit, drawing down assets, but maintains low liabilities and zero officer compensation.
EIN: 10536445 · Lewiston, ME · NTEE: A54 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $675K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.9M |
| Transparency Score | 75/100 |
Is Franco American Heritage Center At St Marys Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franco American Heritage Center At St Marys directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Franco American Heritage Center At St Marys
Franco American Heritage Center At St Marys (EIN: 10536445) is a nonprofit organization based in Lewiston, ME, classified under NTEE code A54. The organization reported total revenue of $1.1M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franco American Heritage Center At St Marys's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franco American Heritage Center At St Marys is a mid-size nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $567K |
| Total Expenses | $675K |
| Surplus / Deficit | $-107,711 |
| Total Assets | $4.9M |
| Total Liabilities | $42K |
| Net Assets | $4.9M |
| Operating Margin | -19.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 87.1 months |
Financial Health Grade: B
In 2024, Franco American Heritage Center At St Marys reported a deficit of $108K with expenses exceeding revenue, holds 87.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Franco American Heritage Center At St Marys's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -30.7% | +11.5% | -3.1% |
| 2023 | +187.0% | +13.6% | +5.9% |
| 2022 | -18.2% | +33.4% | -5.4% |
| 2021 | -3.9% | -29.2% | -0.9% |
| 2020 | -37.0% | -23.6% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Franco American Heritage Center At St Marys 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Franco American Heritage Center At St Marys allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $108K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a nonprofit of its size with assets over $4 million.
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 Franco American Heritage Center At St Marys's IRS 990 filings:
- Recurring operational deficits (e.g., 202407, 202207, 202007)
- Gradual decline in total assets over the past decade (from $6M in 2015 to $4.8M in 2024)
Strengths
The following positive indicators were identified for Franco American Heritage Center At St Marys:
- Consistent reporting of 0% officer compensation
- Consistently low liabilities, indicating responsible debt management
- Significant asset base ($4.8M in 2024) providing a buffer despite deficits
Frequently Asked Questions about Franco American Heritage Center At St Marys
Is Franco American Heritage Center At St Marys a legitimate charity?
Based on AI analysis of IRS 990 filings, Franco American Heritage Center At St Marys (EIN: 10536445) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Franco American Heritage Center At St Marys spend its money?
Franco American Heritage Center At St Marys directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Franco American Heritage Center At St Marys tax-deductible?
Franco American Heritage Center At St Marys is registered as a tax-exempt nonprofit (EIN: 10536445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Franco American Heritage Center At St Marys CEO make?
Franco American Heritage Center At St Marys's highest-compensated officer earns $4 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Franco American Heritage Center At St Marys's spending goes to programs?
Franco American Heritage Center At St Marys directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Franco American Heritage Center At St Marys compare to similar nonprofits?
With a transparency score of 75/100 (Good), Franco American Heritage Center At St Marys is above average for NTEE category A54 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Franco American Heritage Center At St Marys located?
Franco American Heritage Center At St Marys is headquartered in Lewiston, Maine and files with the IRS under EIN 10536445. It is classified under NTEE code A54.
How many years of IRS 990 filings does Franco American Heritage Center At St Marys have?
Franco American Heritage Center At St Marys has 14 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 $1.1M in total revenue.
Is the Franco American Heritage Center At St Marys financially sustainable given its recurring deficits?
The organization frequently reports expenses exceeding revenue, as seen in 202407 ($674,619 expenses vs. $566,908 revenue) and 202207 ($532,737 expenses vs. $285,236 revenue). This trend, coupled with a decline in assets from $6,041,041 in 201507 to $4,894,892 in 202407, raises concerns about long-term financial sustainability if not addressed.
How does the organization manage to operate with zero officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership roles may be filled by volunteers or that compensation for key personnel is categorized differently, perhaps under program or administrative expenses, rather than officer compensation. This is a notable practice for an organization of its size.
What is the primary cause of the revenue fluctuations?
Revenue has fluctuated significantly, from a low of $285,236 in 202207 to a high of $818,633 in 202307. Without detailed breakdowns of funding sources (e.g., grants, donations, program service fees), it's difficult to pinpoint the exact causes of these variations, but it suggests reliance on variable income streams.
Filing History
IRS 990 filing history for Franco American Heritage Center At St Marys showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Franco American Heritage Center At St Marys's revenue has grown by 56.4%, moving from $362K to $567K. Total assets decreased by 30% over the same period, from $7.0M to $4.9M. Total functional expenses rose by 14.6%, from $589K to $675K. In its most recent filing year (2024), Franco American Heritage Center At St Marys reported a deficit of $108K, with expenses exceeding revenue. The organization holds $42K in liabilities against $4.9M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $567K | $675K | $4.9M | $42K | — | View 990 |
| 2023 | $819K | $605K | $5.1M | $72K | — | View 990 |
| 2022 | $285K | $533K | $4.8M | $23K | — | View 990 |
| 2021 | $349K | $399K | $5.0M | $41K | — | View 990 |
| 2020 | $363K | $564K | $5.1M | $32K | — | View 990 |
| 2019 | $576K | $738K | $5.3M | $26K | — | View 990 |
| 2018 | $549K | $861K | $5.5M | $31K | — | View 990 |
| 2017 | $578K | $769K | $5.8M | $38K | — | View 990 |
| 2016 | $670K | $757K | $6.0M | $32K | — | View 990 |
| 2015 | $403K | $698K | $6.0M | $20K | — | View 990 |
| 2014 | $376K | $687K | $6.3M | $10K | — | View 990 |
| 2013 | $469K | $740K | $6.6M | $14K | — | View 990 |
| 2012 | $530K | $656K | $6.9M | $22K | — | View 990 |
| 2011 | $362K | $589K | $7.0M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $567K, expenses of $675K, and assets of $4.9M (revenue -30.7% year-over-year).
- 2023: Revenue of $819K, expenses of $605K, and assets of $5.1M (revenue +187.0% year-over-year).
- 2022: Revenue of $285K, expenses of $533K, and assets of $4.8M (revenue -18.2% year-over-year).
- 2021: Revenue of $349K, expenses of $399K, and assets of $5.0M (revenue -3.9% year-over-year).
- 2020: Revenue of $363K, expenses of $564K, and assets of $5.1M (revenue -37.0% year-over-year).
- 2019: Revenue of $576K, expenses of $738K, and assets of $5.3M (revenue +5.0% year-over-year).
- 2018: Revenue of $549K, expenses of $861K, and assets of $5.5M (revenue -5.1% year-over-year).
- 2017: Revenue of $578K, expenses of $769K, and assets of $5.8M (revenue -13.7% year-over-year).
- 2016: Revenue of $670K, expenses of $757K, and assets of $6.0M (revenue +66.4% year-over-year).
- 2015: Revenue of $403K, expenses of $698K, and assets of $6.0M (revenue +7.2% year-over-year).
- 2014: Revenue of $376K, expenses of $687K, and assets of $6.3M (revenue -19.9% year-over-year).
- 2013: Revenue of $469K, expenses of $740K, and assets of $6.6M (revenue -11.5% year-over-year).
- 2012: Revenue of $530K, expenses of $656K, and assets of $6.9M (revenue +46.2% year-over-year).
- 2011: Revenue of $362K, expenses of $589K, and assets of $7.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franco American Heritage Center At St Marys:
Data Sources and Methodology
This transparency report for Franco American Heritage Center At St Marys 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.