Future Builders School On Thomas Pond

Future Builders School On Thomas Pond consistently operates with revenues around $500k-$600k and reports no officer compensation.

EIN: 10540427 · Raymond, ME · NTEE: T20 · Updated: 2026-03-28

$640KRevenue

$155KAssets

85/100Mission Score (Excellent)

T20

About Future Builders School On Thomas Pond

Future Builders School On Thomas Pond (EIN: 10540427) is a nonprofit organization based in Raymond, ME, classified under NTEE code T20. The organization reported total revenue of $640K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Future Builders School On Thomas Pond's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Future Builders School On Thomas Pond demonstrates consistent operational activity with revenues generally in the range of $486,515 to $689,619 over the past several years. The organization's assets have shown a declining trend, from a high of $205,524 in 2015 to $154,781 currently, which could indicate a reliance on current funding for operations rather than building significant reserves. Liabilities have fluctuated but generally remain a notable portion of assets, for example, $61,784 in liabilities against $158,825 in assets in 2019. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. However, without a detailed breakdown of expenses (program, administrative, fundraising) from the provided data, a complete assessment of spending efficiency is challenging. The organization's financial health appears stable in terms of revenue generation, but the declining asset base warrants closer observation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Future Builders School On Thomas Pond 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, Future Builders School On Thomas Pond 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a strong positive for directing funds to its 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.

Red Flags

The following concerns were identified during AI analysis of Future Builders School On Thomas Pond's IRS 990 filings:

Declining asset base over several years (from $205,524 in 2015 to $154,781 currently)
Expenses frequently exceeding revenue in some periods (e.g., 201906: Expenses=$495,263 vs Revenue=$486,515; 201706: Expenses=$629,341 vs Revenue=$614,337)

Strengths

The following positive indicators were identified for Future Builders School On Thomas Pond:

Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship and mission focus.
Stable revenue generation, consistently operating with revenues in the $486,515 to $689,619 range.
Long filing history (7 filings), indicating consistent compliance and operational presence.

Frequently Asked Questions about Future Builders School On Thomas Pond

Why have the organization's assets been declining over the past few years?

The organization's assets have decreased from $205,524 in 2015 to $154,781 currently. This trend could be due to various factors such as increased operational expenses, investment in non-capital assets, or a strategic decision to spend down reserves. Further analysis of detailed financial statements would be needed to pinpoint the exact reasons.

How does Future Builders School On Thomas Pond manage to operate without officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, such as through a separate management entity or as regular employees rather than officers. This is a strong indicator of dedication to the mission.

What is the primary source of the organization's revenue?

While the provided data shows consistent revenue generation (e.g., $639,831 latest revenue), the specific sources (e.g., tuition, grants, donations) are not detailed in this summary. A full IRS 990 filing would provide this breakdown.

Filing History

IRS 990 filing history for Future Builders School On Thomas Pond showing financial trends over 7 years of public records:

Total assets increased by 14606% over the same period, from $1K to $159K. In its most recent filing year (2019), Future Builders School On Thomas Pond reported a deficit of $9K, with expenses exceeding revenue. The organization holds $62K in liabilities against $159K in assets (debt-to-asset ratio: 38.9%), resulting in net assets of $97K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2019	$487K	$495K	$159K	$62K	—	View 990
2018	$499K	$493K	$180K	$74K	—	—
2017	$614K	$629K	$193K	$93K	—	View 990
2016	$638K	$620K	$188K	$73K	—	View 990
2015	$591K	$599K	$206K	$108K	—	View 990
2014	$690K	$585K	$179K	$74K	—	View 990
2013	$0	$0	$1K	$0	—	View 990

Year-by-Year Financial Summary

2019: Revenue of $487K, expenses of $495K, and assets of $159K (revenue -2.5% year-over-year).
2018: Revenue of $499K, expenses of $493K, and assets of $180K (revenue -18.8% year-over-year).
2017: Revenue of $614K, expenses of $629K, and assets of $193K (revenue -3.7% year-over-year).
2016: Revenue of $638K, expenses of $620K, and assets of $188K (revenue +7.9% year-over-year).
2015: Revenue of $591K, expenses of $599K, and assets of $206K (revenue -14.3% year-over-year).
2014: Revenue of $690K, expenses of $585K, and assets of $179K.
2013: Revenue of $0, expenses of $0, and assets of $1K.

Data Sources and Methodology

This transparency report for Future Builders School On Thomas Pond 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.