Friends Of Wilson Pond Area Inc

Friends Of Wilson Pond Area Inc reports significant revenue surplus and zero liabilities in latest filing.

EIN: 10469106 · Greenville, ME · Updated: 2026-03-28

$0Revenue

$0Assets

75/100Mission Score (Good)

About Friends Of Wilson Pond Area Inc

Friends Of Wilson Pond Area Inc (EIN: 10469106) is a nonprofit organization based in Greenville, ME. 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 Wilson Pond Area Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Friends Of Wilson Pond Area Inc appears to be in a strong financial position based on its latest available filing (202312). The organization reported $505,027 in revenue against $231,244 in expenses, resulting in a significant surplus that contributed to its $425,245 in assets with no reported liabilities. This indicates sound financial management and a healthy balance sheet. The absence of officer compensation suggests a volunteer-driven leadership or that compensation is covered by other means not reported in this section, which can be a positive indicator for donor confidence.

However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The NTEE code is also unknown, which limits the ability to compare its financial metrics against similar organizations. While the overall financial health seems robust, more granular data would be needed for a comprehensive evaluation of its operational efficiency and program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of Wilson Pond Area Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Friends Of Wilson Pond Area Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization reported 0% officer compensation, suggesting a volunteer-led executive team or that compensation is not reported in this section, which is generally positive for donor perception regarding efficient use of funds.

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 Wilson Pond Area Inc's IRS 990 filings:

Unknown NTEE code limits comparative analysis
Lack of detailed expense breakdown (program, admin, fundraising) prevents full efficiency assessment

Strengths

The following positive indicators were identified for Friends Of Wilson Pond Area Inc:

Strong financial health with $505,027 revenue against $231,244 expenses in 202312
Significant asset base of $425,245
Zero reported liabilities, indicating strong financial stability
0% officer compensation reported, suggesting efficient use of funds for leadership

Frequently Asked Questions about Friends Of Wilson Pond Area Inc

Is Friends Of Wilson Pond Area Inc a good charity?

Based on its strong financial health, significant revenue surplus, and zero liabilities in its 202312 filing, Friends Of Wilson Pond Area Inc appears to be a financially sound organization. The lack of reported officer compensation is also a positive sign. However, without detailed expense breakdowns and an NTEE code, a full assessment of its program efficiency and comparative performance is limited.

What is the organization's primary focus given its financial data?

While the financial data shows strong revenue and asset growth, the NTEE code is unknown, and a detailed breakdown of expenses is not provided. Therefore, it's difficult to definitively state the primary focus based solely on the provided financial facts, beyond general operational activities related to its mission.

Filing History

IRS 990 filing history for Friends Of Wilson Pond Area Inc showing financial trends over 1 year of public records:

In its most recent filing year (2023), Friends Of Wilson Pond Area Inc reported a surplus of $274K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$505K	$231K	$425K	$0	—	View 990

Data Sources and Methodology

This transparency report for Friends Of Wilson Pond Area 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.