Harfords Point Association Inc
Harfords Point Association Inc reports no financial activity in its latest filing, following years of minimal revenue and expenses.
EIN: 10352665 · Greenville, ME · NTEE: P20 · Updated: 2026-03-28
About Harfords Point Association Inc
Harfords Point Association Inc (EIN: 10352665) is a nonprofit organization based in Greenville, ME, classified under NTEE code P20. 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 Harfords Point Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harfords Point Association Inc with a Mission Score of 70 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, Harfords Point Association Inc 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
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based and receives no salary, which is highly commendable for an organization of any 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.
Red Flags
The following concerns were identified during AI analysis of Harfords Point Association Inc's IRS 990 filings:
- Zero revenue and assets in latest filing, potentially indicating inactivity.
Strengths
The following positive indicators were identified for Harfords Point Association Inc:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Low overhead due to lack of paid staff.
- No reported liabilities across all filings.
Frequently Asked Questions about Harfords Point Association Inc
Is Harfords Point Association Inc still active?
The latest filing showing $0 in revenue and assets suggests the organization may be inactive or operating on an extremely limited, non-financial basis. Further investigation into their current activities would be needed.
What is the primary purpose of Harfords Point Association Inc?
Based on the NTEE code P20 (Recreation & Sports, General) and its small scale, it likely serves a local community purpose related to recreation or a specific geographic area, but the filings do not provide specific program details.
How does Harfords Point Association Inc fund its operations?
In previous active periods, the organization generated revenue in the low thousands (e.g., $4,730 in 2014, $2,875 in 2013), likely through membership dues, small donations, or local events. The latest filing shows no revenue.
Filing History
IRS 990 filing history for Harfords Point Association Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2010–2014), Harfords Point Association Inc's revenue has grown by 68.8%, moving from $3K to $5K. Total assets increased by 3.8% over the same period, from $7K to $7K. Total functional expenses fell by 21.6%, from $7K to $5K. In its most recent filing year (2014), Harfords Point Association Inc reported a deficit of $631, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2014 | $5K | $5K | $7K | $0 | — | View 990 |
| 2013 | $3K | $2K | $8K | $0 | — | View 990 |
| 2011 | $3K | $3K | $7K | $0 | — | View 990 |
| 2010 | $3K | $7K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $5K, expenses of $5K, and assets of $7K (revenue +64.5% year-over-year).
- 2013: Revenue of $3K, expenses of $2K, and assets of $8K (revenue -1.5% year-over-year).
- 2011: Revenue of $3K, expenses of $3K, and assets of $7K (revenue +4.2% year-over-year).
- 2010: Revenue of $3K, expenses of $7K, and assets of $7K.
Data Sources and Methodology
This transparency report for Harfords Point 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.