Heritage Vivant Living Heritage

Heritage Vivant Living Heritage maintains stable assets and zero officer compensation amidst fluctuating revenues.

EIN: 10322290 · Van Buren, ME · Updated: 2026-03-28

$83KRevenue
$197KAssets
85/100Mission Score (Excellent)
Heritage Vivant Living Heritage Financial Summary
MetricValue
Total Revenue$83K
Total Expenses$44K
Program Spending90%
Net Assets$216K
Transparency Score85/100

Is Heritage Vivant Living Heritage Legit?

Some Concerns

GoodFiling 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 →

Heritage Vivant Living Heritage directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Heritage Vivant Living Heritage

Heritage Vivant Living Heritage (EIN: 10322290) is a nonprofit organization based in Van Buren, ME. The organization reported total revenue of $83K and total assets of $197K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Vivant Living Heritage's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

51Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Heritage Vivant Living Heritage is a micro nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$44K
Total Expenses$44K
Surplus / Deficit$-106
Total Assets$216K
Net Assets$216K
Operating Margin-0.2%
Months of Reserves59.4 months

Financial Health Grade: B

In 2023, Heritage Vivant Living Heritage reported a deficit of $106 with expenses exceeding revenue, holds 59.4 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Heritage Vivant Living Heritage's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+14.8%-13.1%+-0.0%
2022-30.5%+31.3%-5.5%
2021+265.3%+59.6%+7.8%
2020-52.1%-11.2%-4.1%
2019-10.5%-23.9%+1.9%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1975

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

AI Transparency Report

Heritage Vivant Living Heritage demonstrates consistent financial stability with assets of $197,040, significantly exceeding its latest annual revenue of $83,060. The organization has maintained a healthy asset base over the past decade, though there has been a gradual decline from a high of $348,776 in 2014 to $216,425 in 2023. This trend warrants monitoring, but current assets still provide a strong buffer. The organization's expenses have generally been in line with or slightly above its revenue in recent years, such as in 2023 where expenses were $43,718 against $43,612 in revenue, indicating a lean operational model. The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that resources are being directed towards programmatic activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency. Overall, Heritage Vivant Living Heritage appears to be a financially sound organization with a strong commitment to transparency through its regular filings and a notable lack of executive compensation. The gradual decrease in assets over the long term is a point to observe, but its current financial position remains robust relative to its operational scale. The organization's ability to operate without paying officer compensation is a significant strength, suggesting a high proportion of resources are available for its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Heritage Vivant Living Heritage with a Mission Score of 85 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

According to IRS 990 filings, Heritage Vivant Living Heritage 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:

$44KTotal Revenue
$44KTotal Expenses
$216KTotal Assets
$216KNet Assets

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is highly favorable for resource allocation.

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 Heritage Vivant Living Heritage's IRS 990 filings:

Strengths

The following positive indicators were identified for Heritage Vivant Living Heritage:

Frequently Asked Questions about Heritage Vivant Living Heritage

Is Heritage Vivant Living Heritage a legitimate charity?

Based on AI analysis of IRS 990 filings, Heritage Vivant Living Heritage (EIN: 10322290) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Heritage Vivant Living Heritage spend its money?

Heritage Vivant Living Heritage directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Heritage Vivant Living Heritage tax-deductible?

Heritage Vivant Living Heritage is registered as a tax-exempt nonprofit (EIN: 10322290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Heritage Vivant Living Heritage located?

Heritage Vivant Living Heritage is headquartered in Van Buren, Maine and files with the IRS under EIN 10322290.

How many years of IRS 990 filings does Heritage Vivant Living Heritage have?

Heritage Vivant Living Heritage 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 $83K in total revenue.

How does Heritage Vivant Living Heritage sustain operations without officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization relies on volunteer leadership or that compensation is structured in a way that does not fall under 'officer compensation' on the 990 form. This is a significant strength for resource allocation.

What caused the decline in assets from $348,776 in 2014 to $197,040 currently?

The data shows a gradual decrease in assets over the past decade. While the organization remains asset-rich relative to its revenue, understanding the reasons for this decline (e.g., specific program investments, market fluctuations, or operational deficits in certain years) would provide deeper insight.

What are the primary program activities of Heritage Vivant Living Heritage?

The provided data does not detail specific program activities. Understanding the nature of their programs would help assess the impact of their spending efficiency.

Filing History

IRS 990 filing history for Heritage Vivant Living Heritage showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Heritage Vivant Living Heritage's revenue has grown by 35.7%, moving from $32K to $44K. Total assets decreased by 14.3% over the same period, from $252K to $216K. Total functional expenses rose by 21.2%, from $36K to $44K. In its most recent filing year (2023), Heritage Vivant Living Heritage reported a deficit of $106, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $44K $44K $216K $0
2022 $38K $50K $217K $0
2021 $55K $38K $229K $244 View 990
2020 $15K $24K $212K $0
2019 $31K $27K $221K $0 View 990
2018 $35K $36K $217K $0 View 990
2017 $19K $29K $294K $0 View 990
2016 $19K $45K $310K $0 View 990
2015 $38K $43K $344K $0 View 990
2014 $82K $64K $349K $0 View 990
2013 $108K $26K $350K $0 View 990
2012 $32K $36K $258K $0 View 990
2011 $32K $36K $252K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Heritage Vivant Living Heritage:

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 Heritage Vivant Living Heritage 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.

Other Nonprofits in Maine

Explore more nonprofits based in Maine with AI-powered transparency reports.

View all Maine nonprofits →

Explore Related Nonprofits

Browse by State