Friends Of Evergreen
Friends Of Evergreen reports positive net assets in its initial filing, with revenue significantly exceeding expenses.
EIN: 10472840 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $2K |
| Program Spending | 80% |
| Net Assets | $19K |
| Transparency Score | 75/100 |
Is Friends Of Evergreen Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Evergreen directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Evergreen
Friends Of Evergreen (EIN: 10472840) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Evergreen's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Evergreen is a micro nonprofit that has been operating for 33 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $2K |
| Surplus / Deficit | +$8K |
| Total Assets | $19K |
| Net Assets | $19K |
| Operating Margin | 82.8% |
| Months of Reserves | 141.4 months |
Financial Health Grade: A
In 2023, Friends Of Evergreen reported a surplus of $8K with revenue exceeding expenses, holds 141.4 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Evergreen 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Friends Of Evergreen allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $8K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 2023 filing, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is common for very small or new nonprofits.
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 Friends Of Evergreen's IRS 990 filings:
- Limited financial history (only one filing available)
- NTEE code unknown, making it difficult to benchmark against similar organizations
Strengths
The following positive indicators were identified for Friends Of Evergreen:
- Revenue ($9,324) significantly exceeds expenses ($1,608) in its initial filing.
- No liabilities reported ($0) in the 2023 filing, indicating a strong balance sheet.
- 0% officer compensation reported, suggesting efficient use of funds in its early stages.
Frequently Asked Questions about Friends Of Evergreen
Is Friends Of Evergreen a legitimate charity?
Friends Of Evergreen (EIN: 10472840) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Friends Of Evergreen spend its money?
Friends Of Evergreen directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Friends Of Evergreen tax-deductible?
Friends Of Evergreen is registered as a tax-exempt nonprofit (EIN: 10472840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Evergreen's spending goes to programs?
Friends Of Evergreen directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Friends Of Evergreen located?
Friends Of Evergreen is headquartered in Portland, Maine and files with the IRS under EIN 10472840.
Is Friends Of Evergreen a good charity?
Based on its initial filing, Friends Of Evergreen appears to be financially sound with revenue ($9,324) significantly exceeding expenses ($1,608) and no liabilities. The absence of officer compensation is also a positive sign for a new organization. However, with only one filing and limited financial data, it's difficult to fully assess its long-term impact or efficiency.
What are Friends Of Evergreen's primary programs?
The provided IRS 990 data does not detail specific program activities. Further information would need to be obtained directly from the organization or more detailed filings to understand its primary programs.
Filing History
IRS 990 filing history for Friends Of Evergreen showing financial trends over 1 year of public records:
In its most recent filing year (2023), Friends Of Evergreen reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9K | $2K | $19K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Evergreen:
Data Sources and Methodology
This transparency report for Friends Of Evergreen 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.