Friends Of Baxter State Park
Friends Of Baxter State Park shows consistent revenue growth and 0% officer compensation over the past decade.
EIN: 10535846 · Belfast, ME · NTEE: C30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $421K |
| Total Expenses | $365K |
| Program Spending | 75% |
| Net Assets | $635K |
| Transparency Score | 92/100 |
Is Friends Of Baxter State Park Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Baxter State Park directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Baxter State Park
Friends Of Baxter State Park (EIN: 10535846) is a nonprofit organization based in Belfast, ME, classified under NTEE code C30. The organization reported total revenue of $421K and total assets of $691K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Baxter State Park's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Baxter State Park is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $408K |
| Total Expenses | $365K |
| Surplus / Deficit | +$43K |
| Total Assets | $650K |
| Total Liabilities | $16K |
| Net Assets | $635K |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 21.4 months |
Financial Health Grade: A
In 2023, Friends Of Baxter State Park reported a surplus of $43K with revenue exceeding expenses, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Baxter State Park's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.3% | +17.9% | +12.6% |
| 2022 | +10.2% | -2.4% | +23.8% |
| 2021 | +22.6% | +18.0% | +30.4% |
| 2020 | +19.5% | +10.0% | +32.1% |
| 2019 | +25.3% | +27.7% | +24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Friends Of Baxter State Park 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Friends Of Baxter State Park allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure, which is highly efficient and transparent 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 Friends Of Baxter State Park:
- Consistent revenue growth, increasing from $285,161 in 2019 to $408,301 in 2023.
- 0% officer compensation reported across all filings, indicating volunteer leadership.
- Strong program spending ratio, with 75% of expenses allocated to programs.
- Healthy and growing asset base, reaching $650,093 in 2023.
- Low liabilities relative to assets, demonstrating prudent financial management.
Frequently Asked Questions about Friends Of Baxter State Park
Is Friends Of Baxter State Park a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Baxter State Park (EIN: 10535846) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Friends Of Baxter State Park spend its money?
Friends Of Baxter State Park directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Baxter State Park tax-deductible?
Friends Of Baxter State Park is registered as a tax-exempt nonprofit (EIN: 10535846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Baxter State Park's spending goes to programs?
Friends Of Baxter State Park directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Baxter State Park compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Friends Of Baxter State Park is above average for NTEE category C30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Baxter State Park located?
Friends Of Baxter State Park is headquartered in Belfast, Maine and files with the IRS under EIN 10535846. It is classified under NTEE code C30.
How many years of IRS 990 filings does Friends Of Baxter State Park have?
Friends Of Baxter State Park 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 $421K in total revenue.
How has Friends Of Baxter State Park's revenue grown over the past five years?
Revenue has shown consistent growth, increasing from $285,161 in 2019 to $408,301 in 2023, representing a significant increase in financial support.
What is the organization's approach to executive compensation?
Friends Of Baxter State Park reports 0% officer compensation in all available filings, indicating that its leadership is entirely volunteer-based.
Is the organization financially stable?
Yes, the organization appears financially stable, with assets growing from $270,923 in 2019 to $650,093 in 2023, and liabilities remaining low relative to assets.
Filing History
IRS 990 filing history for Friends Of Baxter State Park showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Baxter State Park's revenue has grown by 138.4%, moving from $171K to $408K. Total assets increased by 322.2% over the same period, from $154K to $650K. Total functional expenses rose by 239%, from $108K to $365K. In its most recent filing year (2023), Friends Of Baxter State Park reported a surplus of $43K, with revenue exceeding expenses. The organization holds $16K in liabilities against $650K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $635K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $408K | $365K | $650K | $16K | — | View 990 |
| 2022 | $460K | $310K | $577K | $16K | — | View 990 |
| 2021 | $418K | $318K | $467K | $15K | — | View 990 |
| 2020 | $341K | $269K | $358K | $14K | — | View 990 |
| 2019 | $285K | $245K | $271K | $11K | — | View 990 |
| 2018 | $228K | $192K | $218K | $11K | — | View 990 |
| 2017 | $194K | $168K | $187K | $11K | — | View 990 |
| 2016 | $199K | $194K | $217K | $75K | — | View 990 |
| 2015 | $150K | $204K | $147K | $16K | — | View 990 |
| 2014 | $185K | $184K | $206K | $16K | — | View 990 |
| 2013 | $145K | $136K | $204K | $15K | — | View 990 |
| 2012 | $135K | $107K | $183K | $3K | — | View 990 |
| 2011 | $171K | $108K | $154K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $408K, expenses of $365K, and assets of $650K (revenue -11.3% year-over-year).
- 2022: Revenue of $460K, expenses of $310K, and assets of $577K (revenue +10.2% year-over-year).
- 2021: Revenue of $418K, expenses of $318K, and assets of $467K (revenue +22.6% year-over-year).
- 2020: Revenue of $341K, expenses of $269K, and assets of $358K (revenue +19.5% year-over-year).
- 2019: Revenue of $285K, expenses of $245K, and assets of $271K (revenue +25.3% year-over-year).
- 2018: Revenue of $228K, expenses of $192K, and assets of $218K (revenue +17.3% year-over-year).
- 2017: Revenue of $194K, expenses of $168K, and assets of $187K (revenue -2.4% year-over-year).
- 2016: Revenue of $199K, expenses of $194K, and assets of $217K (revenue +32.4% year-over-year).
- 2015: Revenue of $150K, expenses of $204K, and assets of $147K (revenue -18.6% year-over-year).
- 2014: Revenue of $185K, expenses of $184K, and assets of $206K (revenue +27.2% year-over-year).
- 2013: Revenue of $145K, expenses of $136K, and assets of $204K (revenue +8.0% year-over-year).
- 2012: Revenue of $135K, expenses of $107K, and assets of $183K (revenue -21.4% year-over-year).
- 2011: Revenue of $171K, expenses of $108K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Baxter State Park:
Data Sources and Methodology
This transparency report for Friends Of Baxter State Park 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.