Frenchman Bay United
EIN: 872110339 · Salsbury Cove, ME · NTEE: B01
| Metric | Value |
|---|---|
| Total Revenue | $375K |
| Total Expenses | $53K |
| Net Assets | $21K |
Is Frenchman Bay United Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Frenchman Bay United
Frenchman Bay United (EIN: 872110339) is a nonprofit organization based in Salsbury Cove, ME, classified under NTEE code B01. The organization reported total revenue of $375K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frenchman Bay United's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frenchman Bay United is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -92.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $53K |
| Surplus / Deficit | $-52,122 |
| Total Assets | $21K |
| Net Assets | $21K |
| Operating Margin | -4552.1% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Frenchman Bay United reported a deficit of $52K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2021–2023), Frenchman Bay United's revenue has declined at a compound annual growth rate (CAGR) of -92.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.9% | -54.4% | -71.4% |
| 2022 | -79.9% | +323.1% | -55.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Frenchman Bay United has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Frenchman Bay United with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $52K, with expenses exceeding revenue.
Frequently Asked Questions about Frenchman Bay United
Is Frenchman Bay United a legitimate charity?
Based on AI analysis of IRS 990 filings, Frenchman Bay United (EIN: 872110339) insufficient data. 0 red flags identified, 0 strengths noted.
How does Frenchman Bay United spend its money?
Detailed spending breakdown data is not yet available for Frenchman Bay United. Check back for updated IRS 990 analysis.
Are donations to Frenchman Bay United tax-deductible?
Frenchman Bay United is registered as a tax-exempt nonprofit (EIN: 872110339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Frenchman Bay United located?
Frenchman Bay United is headquartered in Salsbury Cove, Maine and files with the IRS under EIN 872110339. It is classified under NTEE code B01.
How many years of IRS 990 filings does Frenchman Bay United have?
Frenchman Bay United has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $375K in total revenue.
Filing History
IRS 990 filing history for Frenchman Bay United showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Frenchman Bay United's revenue has declined by 99.4%, moving from $181K to $1K. Total assets decreased by 87.1% over the same period, from $162K to $21K. Total functional expenses rose by 92.9%, from $28K to $53K. In its most recent filing year (2023), Frenchman Bay United reported a deficit of $52K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $53K | $21K | $0 | — | View 990 |
| 2022 | $36K | $117K | $73K | $0 | — | View 990 |
| 2021 | $181K | $28K | $162K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $53K, and assets of $21K (revenue -96.9% year-over-year).
- 2022: Revenue of $36K, expenses of $117K, and assets of $73K (revenue -79.9% year-over-year).
- 2021: Revenue of $181K, expenses of $28K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frenchman Bay United:
Data Sources and Methodology
This transparency report for Frenchman Bay United 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.