Friends Of Fort Williams Park
Friends Of Fort Williams Park shows consistent revenue growth and strong asset accumulation with volunteer leadership.
EIN: 10544684 · Cape Elizabeth, ME · NTEE: N32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $255K |
| Total Expenses | $126K |
| Program Spending | 90% |
| Net Assets | $505K |
| Transparency Score | 95/100 |
Is Friends Of Fort Williams 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 Fort Williams Park directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Fort Williams Park
Friends Of Fort Williams Park (EIN: 10544684) is a nonprofit organization based in Cape Elizabeth, ME, classified under NTEE code N32. The organization reported total revenue of $255K and total assets of $667K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Fort Williams Park's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Fort Williams Park is a small nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $126K |
| Surplus / Deficit | +$117K |
| Total Assets | $505K |
| Net Assets | $505K |
| Operating Margin | 48.1% |
| Months of Reserves | 47.9 months |
Financial Health Grade: A
In 2023, Friends Of Fort Williams Park reported a surplus of $117K with revenue exceeding expenses, holds 47.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2023), Friends Of Fort Williams Park's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | -13.2% | +24.2% |
| 2022 | +70.9% | +40.0% | +24.0% |
| 2021 | -6.4% | -18.7% | +16.3% |
| 2020 | +16.7% | +7.1% | +5.5% |
| 2019 | +0.0% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Fort Williams Park with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Friends Of Fort Williams Park allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $117K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly efficient and directs more funds to its mission.
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 Fort Williams Park:
- Consistent revenue growth, from $121,488 in 2019 to $243,798 in 2023.
- Significant asset growth, from $282,052 in 2020 to $505,083 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Low liabilities, with $0 reported in 2023, suggesting strong financial health.
- Consistent IRS 990 filing history (14 filings), demonstrating transparency.
Frequently Asked Questions about Friends Of Fort Williams Park
Is Friends Of Fort Williams Park a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Fort Williams Park (EIN: 10544684) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Friends Of Fort Williams Park spend its money?
Friends Of Fort Williams Park directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Fort Williams Park tax-deductible?
Friends Of Fort Williams Park is registered as a tax-exempt nonprofit (EIN: 10544684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Friends Of Fort Williams Park compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Friends Of Fort Williams Park is above average for NTEE category N32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Fort Williams Park located?
Friends Of Fort Williams Park is headquartered in Cape Elizabeth, Maine and files with the IRS under EIN 10544684. It is classified under NTEE code N32.
How many years of IRS 990 filings does Friends Of Fort Williams Park have?
Friends Of Fort Williams Park has 14 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 $255K in total revenue.
Is Friends Of Fort Williams Park financially stable?
Yes, the organization shows strong financial stability with consistent revenue growth from $121,488 in 2019 to $243,798 in 2023, and a significant increase in assets from $282,052 in 2020 to $505,083 in 2023.
How efficiently does Friends Of Fort Williams Park use its funds?
The organization appears highly efficient, consistently reporting 0% officer compensation and maintaining low liabilities, suggesting that the vast majority of funds are directed towards its programmatic mission.
What is the trend in the organization's assets?
Assets have shown a strong upward trend, nearly doubling from $282,052 in 2020 to $505,083 in 2023, indicating effective financial management and resource accumulation.
Filing History
IRS 990 filing history for Friends Of Fort Williams Park showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Friends Of Fort Williams Park's revenue has grown by 66.6%, moving from $146K to $244K. Total assets increased by 92.9% over the same period, from $262K to $505K. Total functional expenses rose by 311.8%, from $31K to $126K. In its most recent filing year (2023), Friends Of Fort Williams Park reported a surplus of $117K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $126K | $505K | $0 | — | View 990 |
| 2022 | $227K | $146K | $407K | $2K | — | View 990 |
| 2021 | $133K | $104K | $328K | $2K | — | View 990 |
| 2020 | $142K | $128K | $282K | $4K | — | View 990 |
| 2019 | $121K | $120K | $267K | $0 | — | View 990 |
| 2018 | $121K | $120K | $267K | $0 | — | — |
| 2018 | $167K | $202K | $272K | $0 | — | View 990 |
| 2017 | $266K | $293K | $296K | $0 | — | View 990 |
| 2016 | $222K | $410K | $315K | $0 | — | View 990 |
| 2015 | $277K | $178K | $553K | $47K | — | View 990 |
| 2014 | $380K | $258K | $409K | $0 | — | View 990 |
| 2013 | $191K | $188K | $277K | $0 | — | View 990 |
| 2012 | $271K | $261K | $269K | $0 | — | View 990 |
| 2011 | $146K | $31K | $262K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244K, expenses of $126K, and assets of $505K (revenue +7.5% year-over-year).
- 2022: Revenue of $227K, expenses of $146K, and assets of $407K (revenue +70.9% year-over-year).
- 2021: Revenue of $133K, expenses of $104K, and assets of $328K (revenue -6.4% year-over-year).
- 2020: Revenue of $142K, expenses of $128K, and assets of $282K (revenue +16.7% year-over-year).
- 2019: Revenue of $121K, expenses of $120K, and assets of $267K (revenue +0.0% year-over-year).
- 2018: Revenue of $121K, expenses of $120K, and assets of $267K (revenue -27.4% year-over-year).
- 2018: Revenue of $167K, expenses of $202K, and assets of $272K (revenue -37.0% year-over-year).
- 2017: Revenue of $266K, expenses of $293K, and assets of $296K (revenue +19.5% year-over-year).
- 2016: Revenue of $222K, expenses of $410K, and assets of $315K (revenue -19.9% year-over-year).
- 2015: Revenue of $277K, expenses of $178K, and assets of $553K (revenue -27.1% year-over-year).
- 2014: Revenue of $380K, expenses of $258K, and assets of $409K (revenue +99.7% year-over-year).
- 2013: Revenue of $191K, expenses of $188K, and assets of $277K (revenue -29.6% year-over-year).
- 2012: Revenue of $271K, expenses of $261K, and assets of $269K (revenue +85.0% year-over-year).
- 2011: Revenue of $146K, expenses of $31K, and assets of $262K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Fort Williams Park:
Data Sources and Methodology
This transparency report for Friends Of Fort Williams 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.