Georgetown Community Center Inc
Georgetown Community Center Inc consistently maintains financial stability with growing assets and no officer compensation.
EIN: 10531972 · Georgetown, ME · NTEE: Y99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $58K |
| Total Expenses | $41K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $192,002. |
| Net Assets | $192K |
| Transparency Score | 95/100 |
Is Georgetown Community Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Georgetown Community Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Georgetown Community Center Inc
Georgetown Community Center Inc (EIN: 10531972) is a nonprofit organization based in Georgetown, ME, classified under NTEE code Y99. The organization reported total revenue of $58K and total assets of $203K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgetown Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgetown Community Center Inc is a micro nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $41K |
| Surplus / Deficit | +$986 |
| Total Assets | $192K |
| Net Assets | $192K |
| Operating Margin | 2.3% |
| Months of Reserves | 56.2 months |
Financial Health Grade: A
In 2023, Georgetown Community Center Inc reported a surplus of $986 with revenue exceeding expenses, holds 56.2 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Georgetown Community Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | +3.9% | +0.5% |
| 2022 | -15.2% | +20.5% | +1.7% |
| 2021 | -37.4% | +27.3% | +10.3% |
| 2020 | +31.8% | -44.1% | +47.4% |
| 2019 | +40.5% | +13.4% | +15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Georgetown Community Center Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Georgetown Community Center Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 surplus of $986, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a small organization with assets growing to $192,002.
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 Georgetown Community Center Inc:
- Consistent asset growth from $57,672 in 2014 to $192,002 in 2023.
- Zero liabilities reported across all filing periods, indicating strong financial solvency.
- 0% officer compensation, demonstrating a volunteer-driven model and efficient use of funds.
- Consistent operational surpluses, with revenues generally exceeding expenses (e.g., $41,976 revenue vs. $40,990 expenses in 2023).
- Regular and transparent IRS 990 filings for 11 consecutive years.
Frequently Asked Questions about Georgetown Community Center Inc
Is Georgetown Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Georgetown Community Center Inc (EIN: 10531972) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Georgetown Community Center Inc spend its money?
Georgetown Community Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Georgetown Community Center Inc tax-deductible?
Georgetown Community Center Inc is registered as a tax-exempt nonprofit (EIN: 10531972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Georgetown Community Center Inc CEO make?
Georgetown Community Center Inc's highest-compensated officer earns $192,002. annually. The organization reported $58K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Georgetown Community Center Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Georgetown Community Center Inc is above average for NTEE category Y99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Georgetown Community Center Inc located?
Georgetown Community Center Inc is headquartered in Georgetown, Maine and files with the IRS under EIN 10531972. It is classified under NTEE code Y99.
How many years of IRS 990 filings does Georgetown Community Center Inc have?
Georgetown Community Center Inc has 11 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 $58K in total revenue.
Is Georgetown Community Center Inc a good charity?
Based on the provided financial data, Georgetown Community Center Inc appears to be a very good charity. It consistently operates with a surplus, has growing assets, zero liabilities, and no officer compensation, indicating strong financial health and a high dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have grown significantly from $57,672 in 2014 to $192,002 in 2023, and it has consistently maintained zero liabilities, demonstrating robust financial management and sustainability.
What is the organization's approach to executive compensation?
Georgetown Community Center Inc has a highly efficient approach to executive compensation, reporting 0% officer compensation across all 11 filing periods. This indicates a volunteer-led model, maximizing funds available for its programs.
Filing History
IRS 990 filing history for Georgetown Community Center Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Georgetown Community Center Inc's revenue has declined by 29.6%, moving from $60K to $42K. Total assets increased by 408.5% over the same period, from $38K to $192K. Total functional expenses fell by 6.6%, from $44K to $41K. In its most recent filing year (2023), Georgetown Community Center Inc reported a surplus of $986, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $41K | $192K | $0 | — | View 990 |
| 2022 | $43K | $39K | $191K | $0 | — | View 990 |
| 2021 | $50K | $33K | $188K | $0 | — | View 990 |
| 2020 | $80K | $26K | $170K | $0 | — | — |
| 2019 | $61K | $46K | $115K | $0 | — | View 990 |
| 2018 | $43K | $41K | $100K | $0 | — | View 990 |
| 2017 | $64K | $39K | $98K | $0 | — | View 990 |
| 2016 | $29K | $44K | $82K | $0 | — | View 990 |
| 2015 | $94K | $54K | $98K | $0 | — | View 990 |
| 2014 | $65K | $45K | $58K | $0 | — | View 990 |
| 2013 | $60K | $44K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $41K, and assets of $192K (revenue -1.7% year-over-year).
- 2022: Revenue of $43K, expenses of $39K, and assets of $191K (revenue -15.2% year-over-year).
- 2021: Revenue of $50K, expenses of $33K, and assets of $188K (revenue -37.4% year-over-year).
- 2020: Revenue of $80K, expenses of $26K, and assets of $170K (revenue +31.8% year-over-year).
- 2019: Revenue of $61K, expenses of $46K, and assets of $115K (revenue +40.5% year-over-year).
- 2018: Revenue of $43K, expenses of $41K, and assets of $100K (revenue -31.9% year-over-year).
- 2017: Revenue of $64K, expenses of $39K, and assets of $98K (revenue +121.7% year-over-year).
- 2016: Revenue of $29K, expenses of $44K, and assets of $82K (revenue -69.4% year-over-year).
- 2015: Revenue of $94K, expenses of $54K, and assets of $98K (revenue +44.4% year-over-year).
- 2014: Revenue of $65K, expenses of $45K, and assets of $58K (revenue +9.2% year-over-year).
- 2013: Revenue of $60K, expenses of $44K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgetown Community Center Inc:
Data Sources and Methodology
This transparency report for Georgetown Community Center 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.