Friends Of The Doubling Point Light
Friends Of The Doubling Point Light consistently maintains low expenses and zero liabilities, growing assets through efficient operations.
EIN: 10512986 · Bath, ME · NTEE: A800 · Updated: 2026-03-28
Is Friends Of The Doubling Point Light Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Doubling Point Light directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Doubling Point Light
Friends Of The Doubling Point Light (EIN: 10512986) is a nonprofit organization based in Bath, ME, classified under NTEE code A800. The organization reported total revenue of $333K and total assets of $559K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Doubling Point Light's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of The Doubling Point Light 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Friends Of The Doubling Point Light allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a volunteer-led organization with no paid officers, which is highly commendable for a nonprofit of this size and 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 The Doubling Point Light:
- Exceptional financial efficiency with very low expenses relative to revenue (e.g., 202409 expenses were only 4% of revenue).
- Consistent asset growth over the past decade, from $126,033 in 201509 to $233,383 in 202409.
- Zero liabilities reported across all filing periods, indicating strong financial stability and no debt.
- 0% officer compensation, demonstrating a volunteer-driven model and high dedication to mission.
- Strong program focus, with nearly all expenses likely directed towards the preservation and maintenance of the Doubling Point Light.
Frequently Asked Questions about Friends Of The Doubling Point Light
Is Friends Of The Doubling Point Light a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Doubling Point Light (EIN: 10512986) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Friends Of The Doubling Point Light spend its money?
Friends Of The Doubling Point Light directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The Doubling Point Light tax-deductible?
Friends Of The Doubling Point Light is registered as a tax-exempt nonprofit (EIN: 10512986). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of The Doubling Point Light a good charity?
Yes, based on its financial data, Friends Of The Doubling Point Light appears to be a very good charity. It demonstrates exceptional financial efficiency, with expenses consistently far below revenue (e.g., $2,129 expenses on $52,475 revenue in 202409), zero liabilities, and a strong track record of asset growth.
How does the organization manage to have such low expenses?
The organization likely relies heavily on volunteer efforts for its operations and management, as evidenced by 0% officer compensation across all filings. This volunteer model significantly reduces personnel costs, contributing to its remarkably low overall expenses.
What is the trend in the organization's financial growth?
Friends Of The Doubling Point Light shows a consistent trend of financial growth. Its assets have steadily increased from $126,033 in 201509 to $233,383 in 202409, while maintaining zero liabilities, indicating healthy and sustainable financial management.
Filing History
IRS 990 filing history for Friends Of The Doubling Point Light showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Friends Of The Doubling Point Light's revenue has grown by 669.9%, moving from $7K to $52K. Total assets increased by 126.1% over the same period, from $103K to $233K. Total functional expenses rose by 47%, from $1K to $2K. In its most recent filing year (2024), Friends Of The Doubling Point Light reported a surplus of $50K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $52K | $2K | $233K | $0 | — | — |
| 2023 | $20K | $17K | $183K | $0 | — | — |
| 2022 | $14K | $2K | $181K | $0 | — | View 990 |
| 2021 | $12K | $7K | $169K | $0 | — | — |
| 2020 | $11K | $3K | $164K | $0 | — | View 990 |
| 2019 | $11K | $2K | $156K | $0 | — | View 990 |
| 2018 | $11K | $1K | $148K | $0 | — | View 990 |
| 2017 | $10K | $5K | $138K | $0 | — | View 990 |
| 2016 | $9K | $2K | $133K | $0 | — | View 990 |
| 2015 | $9K | $1K | $126K | $0 | — | View 990 |
| 2014 | $9K | $1K | $119K | $0 | — | View 990 |
| 2013 | $9K | $1K | $111K | $0 | — | View 990 |
| 2012 | $7K | $1K | $103K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $52K, expenses of $2K, and assets of $233K (revenue +167.2% year-over-year).
- 2023: Revenue of $20K, expenses of $17K, and assets of $183K (revenue +41.2% year-over-year).
- 2022: Revenue of $14K, expenses of $2K, and assets of $181K (revenue +20.0% year-over-year).
- 2021: Revenue of $12K, expenses of $7K, and assets of $169K (revenue +2.7% year-over-year).
- 2020: Revenue of $11K, expenses of $3K, and assets of $164K (revenue +7.3% year-over-year).
- 2019: Revenue of $11K, expenses of $2K, and assets of $156K (revenue -2.8% year-over-year).
- 2018: Revenue of $11K, expenses of $1K, and assets of $148K (revenue +4.4% year-over-year).
- 2017: Revenue of $10K, expenses of $5K, and assets of $138K (revenue +18.2% year-over-year).
- 2016: Revenue of $9K, expenses of $2K, and assets of $133K (revenue +1.7% year-over-year).
- 2015: Revenue of $9K, expenses of $1K, and assets of $126K (revenue -4.8% year-over-year).
- 2014: Revenue of $9K, expenses of $1K, and assets of $119K (revenue -1.5% year-over-year).
- 2013: Revenue of $9K, expenses of $1K, and assets of $111K (revenue +35.0% year-over-year).
- 2012: Revenue of $7K, expenses of $1K, and assets of $103K.
Data Sources and Methodology
This transparency report for Friends Of The Doubling Point Light 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.