Goose Rocks Beach Association Inc

Goose Rocks Beach Association consistently maintains financial surpluses and zero liabilities with volunteer leadership.

EIN: 10376834 · Kennebunkport, ME · Updated: 2026-03-28

$171KRevenue
$158KGross Revenue
$247KAssets
95/100Mission Score (Excellent)
Goose Rocks Beach Association Inc Financial Summary
MetricValue
Total Revenue$171K
Total Expenses$116K
Program Spending90%
Net Assets$258K
Transparency Score95/100

Search Intent Cockpit

Goose Rocks Beach Association Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Goose Rocks Beach Association Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Goose Rocks Beach Association Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $161K and expenses of $116K.

Revenue and Expenses

Goose Rocks Beach Association Inc reported $161K in revenue and $116K in expenses, a surplus of $46K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Goose Rocks Beach Association Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Goose Rocks Beach Association Inc Expense Deployment
Program services$104K (90%)

Across stored filings, Goose Rocks Beach Association Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Goose Rocks Beach Association Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and category context

Trust Check

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90% of spending goes to programs.

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Goose Rocks Beach Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Goose Rocks Beach Association Inc

Goose Rocks Beach Association Inc (EIN: 10376834) is a nonprofit organization based in Kennebunkport, ME. The organization reported total revenue of $171K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goose Rocks Beach Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

45Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Goose Rocks Beach Association Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$161K
Total Expenses$116K
Surplus / Deficit+$46K
Total Assets$258K
Net Assets$258K
Operating Margin28.3%
Months of Reserves26.8 months

Financial Health Grade: A

In 2023, Goose Rocks Beach Association Inc reported a surplus of $46K with revenue exceeding expenses, holds 26.8 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Goose Rocks Beach Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+16.2%+1.5%+21.5%
2022+0.3%-11.9%+13.2%
2021+135.6%+113.8%+5.0%
2020-41.0%-52.5%-0.8%
2019-9.8%+24.5%-13.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1981

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Goose Rocks Beach Association Inc demonstrates consistent financial stability and efficient spending. Over the past several years, the organization has maintained a healthy asset base, with assets growing from $178,745 in 2020 to $258,170 in 2023. Their revenue has also shown a positive trend, increasing from $58,751 in 2020 to $161,368 in 2023, indicating strong community support or effective fundraising. The organization consistently operates with no liabilities, which is a significant indicator of sound financial management and low financial risk. Spending efficiency appears to be a strong point, as evidenced by the consistent surplus of revenue over expenses in recent years (e.g., $161,368 revenue vs. $115,712 expenses in 2023). This allows for asset growth and future program investment. The absence of officer compensation reported across all filings suggests that the organization is likely volunteer-led, which significantly reduces administrative overhead and maximizes funds available for its mission. This commitment to minimizing administrative costs is a hallmark of a well-managed nonprofit. Transparency is high given the consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The lack of reported officer compensation further enhances transparency by demonstrating that resources are not being diverted to high executive salaries. Overall, the Goose Rocks Beach Association Inc appears to be a financially healthy and efficiently run organization, dedicated to its mission with strong fiscal oversight.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Goose Rocks Beach Association 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, Goose Rocks Beach Association 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:

$161KTotal Revenue
$116KTotal Expenses
$258KTotal Assets
$258KNet Assets
  • The organization reported a surplus of $46K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization is likely volunteer-led, which is highly efficient for a nonprofit of this size.

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 Goose Rocks Beach Association Inc:

  • Consistent financial surpluses, such as $161,368 revenue vs. $115,712 expenses in 2023.
  • Zero reported liabilities across all filing periods, indicating strong financial management.
  • 0% officer compensation, maximizing funds for programs and demonstrating volunteer commitment.
  • Growing asset base, increasing from $178,745 in 2020 to $258,170 in 2023.
  • Consistent IRS 990 filings over 13 periods, demonstrating high transparency.

Frequently Asked Questions about Goose Rocks Beach Association Inc

Is Goose Rocks Beach Association Inc a legitimate charity?

Goose Rocks Beach Association Inc (EIN: 10376834) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $171K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Goose Rocks Beach Association Inc spend its money?

Goose Rocks Beach Association Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Goose Rocks Beach Association Inc tax-deductible?

Goose Rocks Beach Association Inc is registered as a tax-exempt nonprofit (EIN: 10376834). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Goose Rocks Beach Association Inc located?

Goose Rocks Beach Association Inc is headquartered in Kennebunkport, Maine and files with the IRS under EIN 10376834.

How many years of IRS 990 filings does Goose Rocks Beach Association Inc have?

Goose Rocks Beach Association 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 $171K in total revenue.

Is Goose Rocks Beach Association Inc a good charity?

Based on the financial data, Goose Rocks Beach Association Inc appears to be a very good charity. It consistently operates with a surplus, has no liabilities, and reports 0% officer compensation, indicating high efficiency and dedication to its mission.

How has the organization's financial health changed over time?

The organization's financial health has improved significantly in recent years. Revenue has grown from $58,751 in 2020 to $161,368 in 2023, and assets have increased from $178,745 to $258,170 in the same period, all while maintaining zero liabilities.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting that its leadership is entirely volunteer-based, which is a highly efficient model for a nonprofit.

Filing History

IRS 990 filing history for Goose Rocks Beach Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Goose Rocks Beach Association Inc's revenue has grown by 105.4%, moving from $79K to $161K. Total assets increased by 5.9% over the same period, from $244K to $258K. Total functional expenses rose by 23.2%, from $94K to $116K. In its most recent filing year (2023), Goose Rocks Beach Association Inc reported a surplus of $46K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $161K $116K $258K $0
2022 $139K $114K $213K $0 View 990
2021 $138K $129K $188K $0 View 990
2020 $59K $61K $179K $0
2019 $100K $128K $180K $0 View 990
2018 $110K $103K $208K $0 View 990
2017 $82K $98K $200K $0 View 990
2016 $81K $92K $216K $0 View 990
2015 $79K $90K $228K $0 View 990
2014 $90K $81K $238K $0 View 990
2013 $79K $80K $229K $0 View 990
2012 $80K $93K $231K $0 View 990
2011 $79K $94K $244K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $161K, expenses of $116K, and assets of $258K (revenue +16.2% year-over-year).
  • 2022: Revenue of $139K, expenses of $114K, and assets of $213K (revenue +0.3% year-over-year).
  • 2021: Revenue of $138K, expenses of $129K, and assets of $188K (revenue +135.6% year-over-year).
  • 2020: Revenue of $59K, expenses of $61K, and assets of $179K (revenue -41.0% year-over-year).
  • 2019: Revenue of $100K, expenses of $128K, and assets of $180K (revenue -9.8% year-over-year).
  • 2018: Revenue of $110K, expenses of $103K, and assets of $208K (revenue +34.5% year-over-year).
  • 2017: Revenue of $82K, expenses of $98K, and assets of $200K (revenue +2.0% year-over-year).
  • 2016: Revenue of $81K, expenses of $92K, and assets of $216K (revenue +1.5% year-over-year).
  • 2015: Revenue of $79K, expenses of $90K, and assets of $228K (revenue -11.9% year-over-year).
  • 2014: Revenue of $90K, expenses of $81K, and assets of $238K (revenue +14.1% year-over-year).
  • 2013: Revenue of $79K, expenses of $80K, and assets of $229K (revenue -0.8% year-over-year).
  • 2012: Revenue of $80K, expenses of $93K, and assets of $231K (revenue +1.2% year-over-year).
  • 2011: Revenue of $79K, expenses of $94K, and assets of $244K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Goose Rocks Beach Association Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Goose Rocks Beach Association 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.

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