Friends Of The Boat School Marine Trades Development Corp

Friends Of The Boat School Marine Trades Development Corp reports no financial activity in its latest filing.

EIN: 113765279 · Eastport, ME · NTEE: B11 · Updated: 2026-03-28

$0Revenue

$0Assets

20/100Mission Score (Poor)

B11

About Friends Of The Boat School Marine Trades Development Corp

Friends Of The Boat School Marine Trades Development Corp (EIN: 113765279) is a nonprofit organization based in Eastport, ME, classified under NTEE code B11. 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 The Boat School Marine Trades Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Friends Of The Boat School Marine Trades Development Corp appears to be a newly formed or currently inactive organization based on its latest IRS 990 filing. With $0 in revenue and $0 in assets, there is no financial activity to analyze regarding financial health or spending efficiency. The lack of financial data means there's no basis to assess program spending, administrative overhead, or fundraising costs. Transparency, in this context, is limited to the public availability of its basic organizational information, but without financial operations, there's no financial transparency to evaluate.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of The Boat School Marine Trades Development Corp with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 0%
programs: 0%
fundraising: 0%

According to IRS 990 filings, Friends Of The Boat School Marine Trades Development Corp allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.

Executive Compensation Analysis

No executive compensation data is available as the organization reported $0 in revenue and assets, indicating no financial operations or compensated executives.

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 The Boat School Marine Trades Development Corp's IRS 990 filings:

No reported revenue or assets, indicating inactivity or very early stage of development.

Strengths

The following positive indicators were identified for Friends Of The Boat School Marine Trades Development Corp:

None discernible from the provided financial data, as there is no financial activity to evaluate.

Frequently Asked Questions about Friends Of The Boat School Marine Trades Development Corp

Is Friends Of The Boat School Marine Trades Development Corp a good charity?

Based on the latest IRS 990 data, the organization reported $0 in revenue and assets, indicating it is either newly formed, inactive, or not yet operational. There is no financial activity to assess its effectiveness as a charity at this time.

What are the primary programs of Friends Of The Boat School Marine Trades Development Corp?

The IRS 990 filing does not provide details on specific programs, as the organization reported no financial activity ($0 revenue, $0 assets). Its NTEE code B11 suggests it is involved in vocational technical schools, but no operational details are available.

Data Sources and Methodology

This transparency report for Friends Of The Boat School Marine Trades Development Corp 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.