Frannie Peabody Center Inc
Frannie Peabody Center Inc shows strong financial growth and no reported officer compensation in recent years.
EIN: 10416974 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $2.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5,529,890. |
| Net Assets | $2.4M |
| Transparency Score | 88/100 |
Is Frannie Peabody Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frannie Peabody Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frannie Peabody Center Inc
Frannie Peabody Center Inc (EIN: 10416974) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $5.5M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frannie Peabody Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frannie Peabody Center Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $2.8M |
| Total Liabilities | $402K |
| Net Assets | $2.4M |
| Operating Margin | 40.7% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 14.2 months |
Financial Health Grade: A
In 2023, Frannie Peabody Center Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Frannie Peabody Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.3% | -3.0% | +134.3% |
| 2022 | +12.0% | +9.2% | +64.5% |
| 2021 | -8.2% | -0.5% | -4.3% |
| 2020 | +20.5% | +3.1% | +73.7% |
| 2019 | -4.1% | +1.6% | -17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Frannie Peabody Center Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Frannie Peabody Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filing periods, indicating that no salaries were paid to officers, which is highly unusual for an organization of its size with latest revenue of $5,529,890.
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 Frannie Peabody Center Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or structured.
- NTEE code is unknown, which limits the ability to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Frannie Peabody Center Inc:
- Significant and consistent revenue growth, from $2,296,239 in 2021 to $3,966,156 in 2023, indicating strong financial health.
- Substantial asset growth, from $722,972 in 2021 to $2,786,933 in 2023, enhancing organizational capacity.
- Positive net income in recent years (e.g., 2023 revenue of $3,966,156 vs. expenses of $2,351,124), demonstrating financial sustainability.
- Low liabilities relative to assets (e.g., 2023 liabilities of $401,585 vs. assets of $2,786,933), indicating a healthy balance sheet.
Frequently Asked Questions about Frannie Peabody Center Inc
Is Frannie Peabody Center Inc a legitimate charity?
Frannie Peabody Center Inc (EIN: 10416974) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Frannie Peabody Center Inc spend its money?
Frannie Peabody Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Frannie Peabody Center Inc tax-deductible?
Frannie Peabody Center Inc is registered as a tax-exempt nonprofit (EIN: 10416974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Frannie Peabody Center Inc CEO make?
Frannie Peabody Center Inc's highest-compensated officer earns $5,529,890. annually. The organization reported $5.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Frannie Peabody Center Inc's spending goes to programs?
Frannie Peabody Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Frannie Peabody Center Inc located?
Frannie Peabody Center Inc is headquartered in Portland, Maine and files with the IRS under EIN 10416974.
How many years of IRS 990 filings does Frannie Peabody Center Inc have?
Frannie Peabody Center Inc 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 $5.5M in total revenue.
How does Frannie Peabody Center Inc manage to operate without officer compensation?
The provided IRS 990 data consistently shows 0% officer compensation. This could mean that officers are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or that the organization has a unique operational model. Further investigation into their full 990 forms would be needed to understand this structure.
What is the primary driver of the significant revenue and asset growth in recent years?
Revenue increased from $2,296,239 in 2021 to $3,966,156 in 2023, and assets grew from $722,972 to $2,786,933 in the same period. This substantial growth suggests successful fundraising, increased grant funding, or expansion of services, but the specific drivers are not detailed in the summary data.
What is the organization's NTEE code and how does it relate to its mission?
The NTEE code is listed as 'Unknown' in the provided data. Knowing the NTEE code would help classify the organization's primary mission area and allow for better comparison with peer organizations.
Filing History
IRS 990 filing history for Frannie Peabody Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Frannie Peabody Center Inc's revenue has grown by 54.5%, moving from $2.6M to $4.0M. Total assets increased by 544.5% over the same period, from $432K to $2.8M. Total functional expenses fell by 8.3%, from $2.6M to $2.4M. In its most recent filing year (2023), Frannie Peabody Center Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $402K in liabilities against $2.8M in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $2.4M | $2.8M | $402K | — | View 990 |
| 2022 | $2.6M | $2.4M | $1.2M | $482K | — | View 990 |
| 2021 | $2.3M | $2.2M | $723K | $163K | — | View 990 |
| 2020 | $2.5M | $2.2M | $756K | $272K | — | View 990 |
| 2019 | $2.1M | $2.2M | $435K | $220K | — | View 990 |
| 2018 | $2.2M | $2.1M | $528K | $225K | — | View 990 |
| 2017 | $2.1M | $2.1M | $403K | $133K | — | View 990 |
| 2016 | $2.3M | $2.3M | $405K | $139K | — | View 990 |
| 2015 | $2.5M | $2.6M | $454K | $196K | — | View 990 |
| 2014 | $2.6M | $2.5M | $537K | $168K | — | View 990 |
| 2013 | $2.6M | $2.6M | $490K | $180K | — | View 990 |
| 2012 | $2.5M | $2.5M | $440K | $163K | — | View 990 |
| 2011 | $2.6M | $2.6M | $432K | $194K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $2.4M, and assets of $2.8M (revenue +54.3% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.4M, and assets of $1.2M (revenue +12.0% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.2M, and assets of $723K (revenue -8.2% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.2M, and assets of $756K (revenue +20.5% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $435K (revenue -4.1% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.1M, and assets of $528K (revenue +3.2% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $403K (revenue -8.8% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $405K (revenue -8.6% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.6M, and assets of $454K (revenue -2.7% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.5M, and assets of $537K (revenue +0.9% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.6M, and assets of $490K (revenue +3.3% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.5M, and assets of $440K (revenue -3.4% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.6M, and assets of $432K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frannie Peabody Center Inc:
Data Sources and Methodology
This transparency report for Frannie Peabody Center 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.