Friends Of The Kotzschmar Organ Inc
Friends Of The Kotzschmar Organ Inc maintains stable assets and volunteer leadership amidst fluctuating annual revenues.
EIN: 10378598 · Portland, ME · NTEE: A68Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $407K |
| Total Expenses | $345K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 88/100 |
Is Friends Of The Kotzschmar Organ Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Kotzschmar Organ Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Kotzschmar Organ Inc
Friends Of The Kotzschmar Organ Inc (EIN: 10378598) is a nonprofit organization based in Portland, ME, classified under NTEE code A68Z. The organization reported total revenue of $407K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Kotzschmar Organ Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Kotzschmar Organ Inc is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $265K |
| Total Expenses | $345K |
| Surplus / Deficit | $-79,599 |
| Total Assets | $1.0M |
| Total Liabilities | $23K |
| Net Assets | $1.0M |
| Operating Margin | -30.0% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 36.1 months |
Financial Health Grade: B
In 2023, Friends Of The Kotzschmar Organ Inc reported a deficit of $80K with expenses exceeding revenue, holds 36.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Friends Of The Kotzschmar Organ Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.9% | +38.8% | +3.4% |
| 2022 | -1.2% | +3.0% | -6.5% |
| 2021 | +47.8% | -2.8% | +35.3% |
| 2020 | -41.8% | -18.4% | -3.1% |
| 2019 | -0.1% | +6.5% | +12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 The Kotzschmar Organ Inc with a Mission Score of 88 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Friends Of The Kotzschmar Organ Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $80K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteer leadership, which is highly commendable for a nonprofit of its size with over $1 million in assets.
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 Kotzschmar Organ Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest 202306 filing ($345,032 vs $265,433), though this is not a sustained trend.
Strengths
The following positive indicators were identified for Friends Of The Kotzschmar Organ Inc:
- Consistent asset growth, increasing from $565,442 in 2015 to $1,038,752 in 2023.
- 0% officer compensation across all reported periods, indicating strong volunteer leadership and efficient use of funds.
- Low liabilities across all filings, suggesting sound financial management and low financial risk.
- Stable revenue streams generally between $200,000 and $400,000, demonstrating consistent donor support.
Frequently Asked Questions about Friends Of The Kotzschmar Organ Inc
Is Friends Of The Kotzschmar Organ Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Kotzschmar Organ Inc (EIN: 10378598) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Friends Of The Kotzschmar Organ Inc spend its money?
Friends Of The Kotzschmar Organ Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The Kotzschmar Organ Inc tax-deductible?
Friends Of The Kotzschmar Organ Inc is registered as a tax-exempt nonprofit (EIN: 10378598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of The Kotzschmar Organ Inc CEO make?
Friends Of The Kotzschmar Organ Inc's highest-compensated officer earns $1 annually. The organization reported $407K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of The Kotzschmar Organ Inc's spending goes to programs?
Friends Of The Kotzschmar Organ Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Kotzschmar Organ Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Friends Of The Kotzschmar Organ Inc is above average for NTEE category A68Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Kotzschmar Organ Inc located?
Friends Of The Kotzschmar Organ Inc is headquartered in Portland, Maine and files with the IRS under EIN 10378598. It is classified under NTEE code A68Z.
How many years of IRS 990 filings does Friends Of The Kotzschmar Organ Inc have?
Friends Of The Kotzschmar Organ Inc has 13 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 $407K in total revenue.
Is Friends Of The Kotzschmar Organ Inc a good charity?
Based on the provided data, Friends Of The Kotzschmar Organ Inc appears to be a good charity. It demonstrates strong financial health with growing assets, low liabilities, and a commitment to volunteer leadership (0% officer compensation), suggesting efficient use of donor funds.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $565,442 in 2015 to $1,038,752 in 2023, indicating effective financial management and accumulation of resources.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating that its leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Friends Of The Kotzschmar Organ Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Friends Of The Kotzschmar Organ Inc's revenue has declined by 52%, moving from $553K to $265K. Total assets increased by 76.4% over the same period, from $589K to $1.0M. Total functional expenses rose by 14.6%, from $301K to $345K. In its most recent filing year (2023), Friends Of The Kotzschmar Organ Inc reported a deficit of $80K, with expenses exceeding revenue. The organization holds $23K in liabilities against $1.0M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $265K | $345K | $1.0M | $23K | — | View 990 |
| 2022 | $291K | $249K | $1.0M | $22K | — | View 990 |
| 2021 | $295K | $241K | $1.1M | $12K | — | — |
| 2020 | $199K | $248K | $794K | $18K | — | View 990 |
| 2019 | $342K | $304K | $819K | $0 | — | View 990 |
| 2018 | $343K | $286K | $728K | $2K | — | — |
| 2017 | $255K | $299K | $628K | $0 | — | View 990 |
| 2016 | $70K | $56K | $621K | $2K | — | View 990 |
| 2016 | $460K | $440K | $586K | $2K | — | View 990 |
| 2015 | $417K | $399K | $565K | $0 | — | View 990 |
| 2014 | $493K | $397K | $542K | $13K | — | View 990 |
| 2013 | $570K | $751K | $411K | $293 | — | View 990 |
| 2012 | $553K | $301K | $589K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $265K, expenses of $345K, and assets of $1.0M (revenue -8.9% year-over-year).
- 2022: Revenue of $291K, expenses of $249K, and assets of $1.0M (revenue -1.2% year-over-year).
- 2021: Revenue of $295K, expenses of $241K, and assets of $1.1M (revenue +47.8% year-over-year).
- 2020: Revenue of $199K, expenses of $248K, and assets of $794K (revenue -41.8% year-over-year).
- 2019: Revenue of $342K, expenses of $304K, and assets of $819K (revenue -0.1% year-over-year).
- 2018: Revenue of $343K, expenses of $286K, and assets of $728K (revenue +34.3% year-over-year).
- 2017: Revenue of $255K, expenses of $299K, and assets of $628K (revenue +262.5% year-over-year).
- 2016: Revenue of $70K, expenses of $56K, and assets of $621K (revenue -84.7% year-over-year).
- 2016: Revenue of $460K, expenses of $440K, and assets of $586K (revenue +10.2% year-over-year).
- 2015: Revenue of $417K, expenses of $399K, and assets of $565K (revenue -15.3% year-over-year).
- 2014: Revenue of $493K, expenses of $397K, and assets of $542K (revenue -13.6% year-over-year).
- 2013: Revenue of $570K, expenses of $751K, and assets of $411K (revenue +3.2% year-over-year).
- 2012: Revenue of $553K, expenses of $301K, and assets of $589K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Kotzschmar Organ Inc:
Data Sources and Methodology
This transparency report for Friends Of The Kotzschmar Organ Inc 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.