Franklin County Childrens Task Force Inc
Franklin County Childrens Task Force Inc consistently operates with balanced budgets and no reported officer compensation.
EIN: 10370385 · Farmington, ME · NTEE: I010 · Updated: 2026-03-28
Is Franklin County Childrens Task Force Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franklin County Childrens Task Force Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franklin County Childrens Task Force Inc
Franklin County Childrens Task Force Inc (EIN: 10370385) is a nonprofit organization based in Farmington, ME, classified under NTEE code I010. The organization reported total revenue of $1.4M and total assets of $724K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin County Childrens Task Force Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin County Childrens Task Force Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$25K |
| Total Assets | $554K |
| Total Liabilities | $110K |
| Net Assets | $444K |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 19.8% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Franklin County Childrens Task Force Inc reported a surplus of $25K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 19.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Franklin County Childrens Task Force Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.6% | -11.5% | +0.6% |
| 2022 | +29.7% | +28.4% | +2.6% |
| 2021 | +6.5% | +8.4% | +0.2% |
| 2020 | -8.3% | -10.2% | +1.7% |
| 2019 | +7.9% | +15.3% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Franklin County Childrens Task Force Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Franklin County Childrens Task Force Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $1 million in annual revenue and suggests a very lean administrative structure.
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 Franklin County Childrens Task Force Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Franklin County Childrens Task Force Inc:
- Consistent financial stability with revenues generally exceeding or closely matching expenses.
- Steady growth in assets over the past decade, from $375,266 in 2014 to $554,013 in 2023.
- No reported officer compensation across all filings, indicating extremely low administrative overhead or volunteer leadership.
- Strong program focus implied by balanced budgets and lack of executive compensation.
- Consistent IRS 990 filing history demonstrating transparency and compliance.
Frequently Asked Questions about Franklin County Childrens Task Force Inc
Is Franklin County Childrens Task Force Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Franklin County Childrens Task Force Inc (EIN: 10370385) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Franklin County Childrens Task Force Inc spend its money?
Franklin County Childrens Task Force Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Franklin County Childrens Task Force Inc tax-deductible?
Franklin County Childrens Task Force Inc is registered as a tax-exempt nonprofit (EIN: 10370385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Franklin County Childrens Task Force Inc a good charity?
Based on the available IRS 990 data, Franklin County Childrens Task Force Inc appears to be a very good charity. It consistently operates with balanced budgets, shows steady asset growth, and notably reports 0% officer compensation across all filings, suggesting a strong commitment to directing funds towards its mission.
How does the organization manage its finances given no reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer, or that compensation for key management is structured in a way that is not categorized as 'officer compensation' on the 990. This implies a highly cost-efficient leadership model.
What is the trend in the organization's revenue and expenses?
Over the past decade, Franklin County Childrens Task Force Inc has shown a general upward trend in both revenue and expenses, growing from $561,297 in revenue in 2014 to $1,408,099 in 2023. Expenses have closely tracked revenue, indicating consistent program delivery and financial stability.
Filing History
IRS 990 filing history for Franklin County Childrens Task Force Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Franklin County Childrens Task Force Inc's revenue has grown by 388.8%, moving from $288K to $1.4M. Total assets increased by 86.8% over the same period, from $297K to $554K. Total functional expenses rose by 366.2%, from $297K to $1.4M. In its most recent filing year (2023), Franklin County Childrens Task Force Inc reported a surplus of $25K, with revenue exceeding expenses. The organization holds $110K in liabilities against $554K in assets (debt-to-asset ratio: 19.8%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $554K | $110K | — | — |
| 2022 | $1.6M | $1.6M | $551K | $131K | — | — |
| 2021 | $1.2M | $1.2M | $537K | $129K | — | View 990 |
| 2020 | $1.1M | $1.1M | $536K | $125K | — | View 990 |
| 2019 | $1.2M | $1.3M | $527K | $125K | — | View 990 |
| 2018 | $1.2M | $1.1M | $535K | $125K | — | View 990 |
| 2017 | $1.0M | $998K | $483K | $140K | — | View 990 |
| 2016 | $827K | $818K | $468K | $148K | — | View 990 |
| 2015 | $685K | $652K | $444K | $132K | — | View 990 |
| 2014 | $561K | $547K | $375K | $97K | — | View 990 |
| 2013 | $555K | $514K | $363K | $99K | — | View 990 |
| 2012 | $495K | $465K | $324K | $101K | — | View 990 |
| 2011 | $288K | $297K | $297K | $103K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $554K (revenue -10.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $551K (revenue +29.7% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $537K (revenue +6.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $536K (revenue -8.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $527K (revenue +7.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $535K (revenue +13.1% year-over-year).
- 2017: Revenue of $1.0M, expenses of $998K, and assets of $483K (revenue +23.3% year-over-year).
- 2016: Revenue of $827K, expenses of $818K, and assets of $468K (revenue +20.6% year-over-year).
- 2015: Revenue of $685K, expenses of $652K, and assets of $444K (revenue +22.1% year-over-year).
- 2014: Revenue of $561K, expenses of $547K, and assets of $375K (revenue +1.2% year-over-year).
- 2013: Revenue of $555K, expenses of $514K, and assets of $363K (revenue +12.0% year-over-year).
- 2012: Revenue of $495K, expenses of $465K, and assets of $324K (revenue +71.8% year-over-year).
- 2011: Revenue of $288K, expenses of $297K, and assets of $297K.
Data Sources and Methodology
This transparency report for Franklin County Childrens Task Force 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.