Hermon Alumni Association
EIN: 352397417 · Carmel, ME · NTEE: B84
| Metric | Value |
|---|---|
| Total Expenses | $10K |
| Net Assets | $10K |
Is Hermon Alumni Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hermon Alumni Association
Hermon Alumni Association (EIN: 352397417) is a nonprofit organization based in Carmel, ME, classified under NTEE code B84. 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 Hermon Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hermon Alumni Association is a micro nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2013–2016). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $10K |
| Surplus / Deficit | +$307 |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | 3.1% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2016, Hermon Alumni Association reported a surplus of $307 with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2013–2016), Hermon Alumni Association's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +32.8% | +18.1% | +3.2% |
| 2015 | +10.2% | +19.9% | -6.6% |
| 2014 | -30.2% | -17.1% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hermon Alumni Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hermon Alumni Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $307, with revenue exceeding expenses.
Frequently Asked Questions about Hermon Alumni Association
Is Hermon Alumni Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Hermon Alumni Association (EIN: 352397417) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hermon Alumni Association spend its money?
Detailed spending breakdown data is not yet available for Hermon Alumni Association. Check back for updated IRS 990 analysis.
Are donations to Hermon Alumni Association tax-deductible?
Hermon Alumni Association is registered as a tax-exempt nonprofit (EIN: 352397417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hermon Alumni Association located?
Hermon Alumni Association is headquartered in Carmel, Maine and files with the IRS under EIN 352397417. It is classified under NTEE code B84.
How many years of IRS 990 filings does Hermon Alumni Association have?
Hermon Alumni Association has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Hermon Alumni Association showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2013–2016), Hermon Alumni Association's revenue has grown by 2.1%, moving from $10K to $10K. Total assets decreased by 3.6% over the same period, from $10K to $10K. Total functional expenses rose by 17.5%, from $8K to $10K. In its most recent filing year (2016), Hermon Alumni Association reported a surplus of $307, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $10K | $10K | $10K | $0 | — | — |
| 2015 | $7K | $8K | $9K | $0 | — | — |
| 2014 | $7K | $7K | $10K | $0 | — | — |
| 2013 | $10K | $8K | $10K | $0 | — | — |
Year-by-Year Financial Summary
- 2016: Revenue of $10K, expenses of $10K, and assets of $10K (revenue +32.8% year-over-year).
- 2015: Revenue of $7K, expenses of $8K, and assets of $9K (revenue +10.2% year-over-year).
- 2014: Revenue of $7K, expenses of $7K, and assets of $10K (revenue -30.2% year-over-year).
- 2013: Revenue of $10K, expenses of $8K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hermon Alumni Association:
Data Sources and Methodology
This transparency report for Hermon Alumni 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.