Granite Farm Road Lot Owners Association

Granite Farm Road Lot Owners Association reports no revenue or assets, indicating minimal financial activity.

EIN: 10526294 · Freeport, ME · NTEE: L50 · Updated: 2026-03-28

$0Revenue
$0Assets
60/100Mission Score (Good)
L50
Granite Farm Road Lot Owners Association Financial Summary
MetricValue
Program Spending100%
CEO/Top Officer Pay$0
Transparency Score60/100

Is Granite Farm Road Lot Owners Association Legit?

Some Concerns

NoneFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Granite Farm Road Lot Owners Association directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Granite Farm Road Lot Owners Association

Granite Farm Road Lot Owners Association (EIN: 10526294) is a nonprofit organization based in Freeport, ME, classified under NTEE code L50. 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 Granite Farm Road Lot Owners Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date2000

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

AI Transparency Report

Granite Farm Road Lot Owners Association appears to be a very small, likely volunteer-run organization, given its reported revenue and assets of $0. This suggests it may operate on a cash basis with minimal formal financial transactions or that its primary function is non-monetary, such as maintaining common property without significant financial outlays. The lack of financial activity makes a traditional assessment of financial health, spending efficiency, and transparency challenging, as there are no financial metrics to analyze. Its NTEE code L50 (Homeowners & Tenants Organizations) supports the interpretation of a community-focused entity with limited financial scope. Without any reported financial transactions, it's difficult to ascertain its operational efficiency or financial management practices.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Granite Farm Road Lot Owners Association with a Mission Score of 60 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: 0%
  • programs: 100%
  • fundraising: 0%

According to IRS 990 filings, Granite Farm Road Lot Owners Association allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No executive compensation information is available, consistent with the organization's reported $0 revenue and assets, suggesting a volunteer-led structure with no paid staff.

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 Granite Farm Road Lot Owners Association's IRS 990 filings:

  • No reported financial activity makes traditional financial analysis impossible.

Strengths

The following positive indicators were identified for Granite Farm Road Lot Owners Association:

  • Likely very low overhead due to $0 reported expenses and revenue.
  • Focus appears to be entirely on program-related activities, given the nature of a lot owners association and lack of other spending.

Frequently Asked Questions about Granite Farm Road Lot Owners Association

Is Granite Farm Road Lot Owners Association a legitimate charity?

Granite Farm Road Lot Owners Association (EIN: 10526294) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 60/100. 1 red flag identified. 2 strengths noted. Financial health grade: D.

How does Granite Farm Road Lot Owners Association spend its money?

Granite Farm Road Lot Owners Association directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Granite Farm Road Lot Owners Association tax-deductible?

Granite Farm Road Lot Owners Association is registered as a tax-exempt nonprofit (EIN: 10526294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Granite Farm Road Lot Owners Association CEO make?

Granite Farm Road Lot Owners Association's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.

How does Granite Farm Road Lot Owners Association compare to similar nonprofits?

With a transparency score of 60/100 (Good), Granite Farm Road Lot Owners Association is above average for NTEE category L50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Granite Farm Road Lot Owners Association located?

Granite Farm Road Lot Owners Association is headquartered in Freeport, Maine and files with the IRS under EIN 10526294. It is classified under NTEE code L50.

Is Granite Farm Road Lot Owners Association a good charity?

As a homeowners association, its primary purpose is to serve its members, not the general public as a traditional charity. With $0 revenue and assets, it's not operating as a typical financially active nonprofit. Its 'goodness' would depend on its effectiveness in fulfilling its specific community role, which cannot be assessed from financial data alone.

How does Granite Farm Road Lot Owners Association fund its operations?

The IRS 990 data indicates $0 in revenue, suggesting that if it has any operational costs, they are either covered by direct member contributions not reported as revenue, in-kind services, or are extremely minimal and handled outside of formal financial reporting for the tax year.

Data Sources and Methodology

This transparency report for Granite Farm Road Lot Owners Association 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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