Friends Of Messalonskee
Friends Of Messalonskee maintains stable assets with no liabilities, consistently reporting 0% officer compensation.
EIN: 10465774 · Oakland, ME · NTEE: C32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $103K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $120,000. |
| Net Assets | $103K |
| Transparency Score | 85/100 |
Is Friends Of Messalonskee Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Messalonskee directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Messalonskee
Friends Of Messalonskee (EIN: 10465774) is a nonprofit organization based in Oakland, ME, classified under NTEE code C32. The organization reported total revenue of $117K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Messalonskee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Messalonskee is a small nonprofit that has been operating for 24 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85K |
| Total Expenses | $103K |
| Surplus / Deficit | $-18,688 |
| Total Assets | $103K |
| Net Assets | $103K |
| Operating Margin | -22.0% |
| Months of Reserves | 12.0 months |
Financial Health Grade: B
In 2023, Friends Of Messalonskee reported a deficit of $19K with expenses exceeding revenue, holds 12.0 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Friends Of Messalonskee's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.5% | +12.9% | -15.4% |
| 2022 | -15.3% | -2.5% | -2.7% |
| 2021 | +25.8% | +42.0% | +10.9% |
| 2020 | +2.5% | -29.2% | +28.1% |
| 2019 | +4.7% | +19.8% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Messalonskee with a Mission Score of 85 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: 80%
- fundraising: 5%
According to IRS 990 filings, Friends Of Messalonskee allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 deficit of $19K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all eight filings, indicating that executive leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues typically under $120,000.
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 Messalonskee's IRS 990 filings:
- Latest year's expenses ($103,471) exceeded revenue ($84,783), resulting in a deficit for that period.
Strengths
The following positive indicators were identified for Friends Of Messalonskee:
- Consistent reporting of 0% officer compensation across all filings, indicating highly efficient leadership costs.
- Maintains a healthy asset base (currently $106,674) relative to its revenue.
- Consistently reports zero liabilities, demonstrating strong financial solvency and no debt.
- Regularly files IRS Form 990s, indicating a commitment to transparency.
- Stable revenue history over eight years, showing consistent operational activity.
Frequently Asked Questions about Friends Of Messalonskee
Is Friends Of Messalonskee a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Messalonskee (EIN: 10465774) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Friends Of Messalonskee spend its money?
Friends Of Messalonskee directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Messalonskee tax-deductible?
Friends Of Messalonskee is registered as a tax-exempt nonprofit (EIN: 10465774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of Messalonskee CEO make?
Friends Of Messalonskee's highest-compensated officer earns $120,000. annually. The organization reported $117K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of Messalonskee's spending goes to programs?
Friends Of Messalonskee directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Messalonskee compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friends Of Messalonskee is above average for NTEE category C32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Messalonskee located?
Friends Of Messalonskee is headquartered in Oakland, Maine and files with the IRS under EIN 10465774. It is classified under NTEE code C32.
How many years of IRS 990 filings does Friends Of Messalonskee have?
Friends Of Messalonskee has 8 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 $117K in total revenue.
Is Friends Of Messalonskee financially stable?
Yes, Friends Of Messalonskee appears financially stable. It consistently maintains a healthy asset base (currently $106,674) and has reported zero liabilities across all eight filings, indicating strong solvency. While the latest year's expenses ($103,471) exceeded revenue ($84,783), this is not a long-term trend of concern given the overall financial health.
How efficient is Friends Of Messalonskee with its spending?
The organization appears efficient, particularly noting the consistent 0% officer compensation reported across all filings. This suggests a lean operational structure where leadership costs are minimized, allowing more funds to potentially go towards its mission. Without detailed expense breakdowns, a precise program efficiency ratio cannot be calculated, but this is a strong positive indicator.
Does Friends Of Messalonskee have any debt?
No, Friends Of Messalonskee has consistently reported $0 in liabilities across all eight IRS 990 filings, indicating that the organization operates debt-free.
What is the trend in the organization's revenue?
Friends Of Messalonskee's revenue has fluctuated between approximately $82,000 and $115,000 over the past eight years, with the latest reported revenue at $84,783. There isn't a clear upward or downward trend, but rather consistent activity within this range.
Filing History
IRS 990 filing history for Friends Of Messalonskee showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Friends Of Messalonskee's revenue has grown by 2.6%, moving from $83K to $85K. Total assets increased by 83.9% over the same period, from $56K to $103K. Total functional expenses rose by 22%, from $85K to $103K. In its most recent filing year (2023), Friends Of Messalonskee reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85K | $103K | $103K | $0 | — | View 990 |
| 2022 | $97K | $92K | $122K | $0 | — | View 990 |
| 2021 | $114K | $94K | $125K | $0 | — | — |
| 2020 | $91K | $66K | $113K | $0 | — | View 990 |
| 2019 | $89K | $94K | $88K | $0 | — | View 990 |
| 2018 | $85K | $78K | $93K | $0 | — | View 990 |
| 2017 | $95K | $65K | $86K | $0 | — | View 990 |
| 2016 | $83K | $85K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85K, expenses of $103K, and assets of $103K (revenue -12.5% year-over-year).
- 2022: Revenue of $97K, expenses of $92K, and assets of $122K (revenue -15.3% year-over-year).
- 2021: Revenue of $114K, expenses of $94K, and assets of $125K (revenue +25.8% year-over-year).
- 2020: Revenue of $91K, expenses of $66K, and assets of $113K (revenue +2.5% year-over-year).
- 2019: Revenue of $89K, expenses of $94K, and assets of $88K (revenue +4.7% year-over-year).
- 2018: Revenue of $85K, expenses of $78K, and assets of $93K (revenue -10.7% year-over-year).
- 2017: Revenue of $95K, expenses of $65K, and assets of $86K (revenue +14.9% year-over-year).
- 2016: Revenue of $83K, expenses of $85K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Messalonskee:
Data Sources and Methodology
This transparency report for Friends Of Messalonskee 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.