Gorham Times Inc
Gorham Times Inc. maintains stable finances with consistent revenue and zero officer compensation.
EIN: 10499277 · Gorham, ME · NTEE: A33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $60K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $80,000. |
| Net Assets | $41K |
| Transparency Score | 88/100 |
Is Gorham Times Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gorham Times Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gorham Times Inc
Gorham Times Inc (EIN: 10499277) is a nonprofit organization based in Gorham, ME, classified under NTEE code A33. The organization reported total revenue of $77K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gorham Times Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gorham Times Inc is a micro nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $60K |
| Surplus / Deficit | +$26K |
| Total Assets | $41K |
| Net Assets | $41K |
| Operating Margin | 30.5% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2022, Gorham Times Inc reported a surplus of $26K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Gorham Times Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +4.1% | -23.9% | +4.9% |
| 2021 | -1.9% | +23.8% | +2.9% |
| 2020 | +6.4% | -20.8% | +221.3% |
| 2019 | -4.6% | -5.9% | -15.1% |
| 2018 | +40.9% | +7.8% | +25.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
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 Gorham Times 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gorham Times Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a volunteer-driven leadership model, which is commendable for an organization of its size with revenues around $80,000.
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 Gorham Times Inc:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Growing net assets, from $13,900 in 2014 to $41,473 in 2022.
- Low to no liabilities reported in recent years, such as $0 in 2022.
- Stable revenue stream over the past decade, averaging around $80,000 annually.
- Clear alignment between NTEE code (A33 - Newspaper, Periodical, Book Publishers) and organizational name/mission.
Frequently Asked Questions about Gorham Times Inc
Is Gorham Times Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gorham Times Inc (EIN: 10499277) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Gorham Times Inc spend its money?
Gorham Times Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gorham Times Inc tax-deductible?
Gorham Times Inc is registered as a tax-exempt nonprofit (EIN: 10499277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gorham Times Inc CEO make?
Gorham Times Inc's highest-compensated officer earns $80,000. annually. The organization reported $77K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gorham Times Inc's spending goes to programs?
Gorham Times Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gorham Times Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Gorham Times Inc is above average for NTEE category A33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gorham Times Inc located?
Gorham Times Inc is headquartered in Gorham, Maine and files with the IRS under EIN 10499277. It is classified under NTEE code A33.
How many years of IRS 990 filings does Gorham Times Inc have?
Gorham Times Inc has 12 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 $77K in total revenue.
Is Gorham Times Inc. financially stable?
Yes, Gorham Times Inc. appears financially stable, with assets growing from $13,900 in 2014 to $41,473 in 2022 and liabilities frequently reported at or near zero, such as $0 in 2022.
How does Gorham Times Inc. manage executive compensation?
Gorham Times Inc. reports 0% officer compensation across all 12 available filings, indicating that its leadership is entirely volunteer-based.
What is the trend in Gorham Times Inc.'s revenue?
Gorham Times Inc.'s revenue has been relatively stable over the past decade, generally fluctuating between $72,208 (2015) and $86,697 (2016), with the latest reported revenue in 2022 at $86,006.
Filing History
IRS 990 filing history for Gorham Times Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Gorham Times Inc's revenue has grown by 1%, moving from $85K to $86K. Total assets increased by 168.9% over the same period, from $15K to $41K. Total functional expenses fell by 28.9%, from $84K to $60K. In its most recent filing year (2022), Gorham Times Inc reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $86K | $60K | $41K | $0 | — | View 990 |
| 2021 | $83K | $79K | $40K | $166 | — | View 990 |
| 2020 | $84K | $64K | $38K | $11K | — | View 990 |
| 2019 | $79K | $80K | $12K | $5K | — | View 990 |
| 2018 | $83K | $85K | $14K | $25K | — | View 990 |
| 2017 | $59K | $79K | $11K | $20K | — | View 990 |
| 2016 | $87K | $86K | $20K | $7K | — | View 990 |
| 2015 | $72K | $73K | $14K | $836 | — | View 990 |
| 2014 | $81K | $84K | $14K | $0 | — | View 990 |
| 2013 | $87K | $86K | $16K | $85 | — | View 990 |
| 2012 | $75K | $71K | $16K | $646 | — | View 990 |
| 2011 | $85K | $84K | $15K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $86K, expenses of $60K, and assets of $41K (revenue +4.1% year-over-year).
- 2021: Revenue of $83K, expenses of $79K, and assets of $40K (revenue -1.9% year-over-year).
- 2020: Revenue of $84K, expenses of $64K, and assets of $38K (revenue +6.4% year-over-year).
- 2019: Revenue of $79K, expenses of $80K, and assets of $12K (revenue -4.6% year-over-year).
- 2018: Revenue of $83K, expenses of $85K, and assets of $14K (revenue +40.9% year-over-year).
- 2017: Revenue of $59K, expenses of $79K, and assets of $11K (revenue -32.1% year-over-year).
- 2016: Revenue of $87K, expenses of $86K, and assets of $20K (revenue +20.1% year-over-year).
- 2015: Revenue of $72K, expenses of $73K, and assets of $14K (revenue -11.4% year-over-year).
- 2014: Revenue of $81K, expenses of $84K, and assets of $14K (revenue -6.0% year-over-year).
- 2013: Revenue of $87K, expenses of $86K, and assets of $16K (revenue +15.4% year-over-year).
- 2012: Revenue of $75K, expenses of $71K, and assets of $16K (revenue -11.8% year-over-year).
- 2011: Revenue of $85K, expenses of $84K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gorham Times Inc:
Data Sources and Methodology
This transparency report for Gorham Times 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.