Htco Agdi Veba Tr

Htco Agdi Veba Tr reports $0 revenue and assets in its latest filing, indicating financial inactivity after years of deficit spending.

EIN: 16154007 · South Portland, ME · Updated: 2026-03-28

$0Revenue

$0Assets

40/100Mission Score (Fair)

Is Htco Agdi Veba Tr Legit?

Significant Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

ModerateTransparency

3 FoundRed Flags

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

Htco Agdi Veba Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Htco Agdi Veba Tr

Htco Agdi Veba Tr (EIN: 16154007) is a nonprofit organization based in South Portland, ME. 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 Htco Agdi Veba Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Htco Agdi Veba Tr appears to be a financially inactive or winding-down organization, as indicated by its latest filing showing $0 in both revenue and assets. Historically, the organization operated with revenues ranging from approximately $468,532 to $1,237,067 between 2011 and 2014. During this period, expenses often exceeded revenue, such as in 2014 where expenses were $639,673 against $468,532 in revenue, and in 2013 with $1,089,242 in expenses against $996,018 in revenue. This consistent deficit spending in later active years suggests potential financial challenges or a planned reduction in operations leading to its current inactive state.

The organization's financial health, based on its active years, showed fluctuating asset levels, peaking at $404,365 in 2012 before declining to $0 by the latest filing. The absence of officer compensation across all reported periods suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency. However, without detailed expense breakdowns (program, administrative, fundraising), it's difficult to fully assess spending efficiency. The current $0 revenue and assets raise questions about its ongoing operational status and future viability, suggesting it may no longer be actively pursuing its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Htco Agdi Veba Tr with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Htco Agdi Veba Tr allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reported 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that compensation was not a significant expense, which is positive 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 Htco Agdi Veba Tr's IRS 990 filings:

Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or dissolution.
Expenses exceeded revenue in the last two active reporting periods (2013 and 2014), suggesting unsustainable financial operations.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits full spending efficiency analysis.

Strengths

The following positive indicators were identified for Htco Agdi Veba Tr:

Consistently reported 0% officer compensation, indicating a lean or volunteer-based leadership structure.
Maintained positive assets during its active years, peaking at $404,365 in 2012.

Frequently Asked Questions about Htco Agdi Veba Tr

Is Htco Agdi Veba Tr a legitimate charity?

Based on AI analysis of IRS 990 filings, Htco Agdi Veba Tr (EIN: 16154007) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.

How does Htco Agdi Veba Tr spend its money?

Htco Agdi Veba Tr directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Htco Agdi Veba Tr tax-deductible?

Htco Agdi Veba Tr is registered as a tax-exempt nonprofit (EIN: 16154007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Htco Agdi Veba Tr still operational given its $0 revenue and assets in the latest filing?

Based on the latest IRS 990 data, Htco Agdi Veba Tr reported $0 in both revenue and assets, strongly suggesting it is no longer actively operational or is in the process of dissolution.

What caused the significant decline in financial activity from over $1 million in revenue to $0?

The provided data does not specify the exact cause, but the trend of expenses exceeding revenue in 2013 and 2014, coupled with declining assets, indicates a potential winding down of operations or financial difficulties leading to its current inactive state.

Filing History

IRS 990 filing history for Htco Agdi Veba Tr showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2011–2014), Htco Agdi Veba Tr's revenue has declined by 56.8%, moving from $1.1M to $469K. Total assets decreased by 100% over the same period, from $288K to $0. Total functional expenses fell by 40.6%, from $1.1M to $640K. In its most recent filing year (2014), Htco Agdi Veba Tr reported a deficit of $171K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2014	$469K	$640K	$0	$0	—	View 990
2013	$996K	$1.1M	$359K	$188K	—	View 990
2012	$1.2M	$1.1M	$404K	$140K	—	View 990
2011	$1.1M	$1.1M	$288K	$127K	—	View 990

Year-by-Year Financial Summary

2014: Revenue of $469K, expenses of $640K, and assets of $0 (revenue -53.0% year-over-year).
2013: Revenue of $996K, expenses of $1.1M, and assets of $359K (revenue -19.5% year-over-year).
2012: Revenue of $1.2M, expenses of $1.1M, and assets of $404K (revenue +14.0% year-over-year).
2011: Revenue of $1.1M, expenses of $1.1M, and assets of $288K.

Data Sources and Methodology

This transparency report for Htco Agdi Veba Tr 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.