Independent Transportation Network

Independent Transportation Network shows fluctuating revenue and expenses, with no reported officer compensation.

EIN: 10504322 · Westbrook, ME · NTEE: P81 · Updated: 2026-03-28

$165KRevenue
$114KAssets
70/100Mission Score (Good)
P81
Independent Transportation Network Financial Summary
MetricValue
Total Revenue$165K
Total Expenses$122K
Program Spending75%
CEO/Top Officer Pay$106,268
Net Assets$111K
Transparency Score70/100

Search Intent Cockpit

Independent Transportation Network Form 990, Revenue, CEO Pay, and IRS Filing Signals

Independent Transportation Network is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Independent Transportation Network in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $106K and expenses of $122K.

Revenue and Expenses

Independent Transportation Network reported $106K in revenue and $122K in expenses, a deficit of $15K.

Executive Compensation

Top officer compensation appears as $106,268 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

70/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Independent Transportation Network Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
75%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Independent Transportation Network Expense Deployment
Program services$91K (75%)

Across stored filings, Independent Transportation Network shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Independent Transportation Network Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend75% to programsExcellent
Financial durabilityGrade B11 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Human Services context

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Independent Transportation Network directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Independent Transportation Network

Independent Transportation Network (EIN: 10504322) is a nonprofit organization based in Westbrook, ME, classified under NTEE code P81. The organization reported total revenue of $165K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent Transportation Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

30Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Independent Transportation Network is a small nonprofit that has been operating for 30 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$106K
Total Expenses$122K
Surplus / Deficit$-15,310
Total Assets$141K
Total Liabilities$30K
Net Assets$111K
Operating Margin-14.4%
Debt-to-Asset Ratio21.2%
Months of Reserves13.9 months

Financial Health Grade: B

In 2023, Independent Transportation Network reported a deficit of $15K with expenses exceeding revenue, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 21.2% (moderate leverage).

Financial Trends

Over 11 years of filings (2011–2023), Independent Transportation Network's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-64.5%-16.0%-10.4%
2022+50.1%-1.0%+316.2%
2020+9.7%-19.1%+119.9%
2019+9.9%+17.2%+72.9%
2018-6.3%-17.2%+93.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1996

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

AI Transparency Report

Independent Transportation Network (ITN) demonstrates a mixed financial picture. While the organization consistently files its IRS 990 forms, indicating a commitment to transparency, its financial health shows some volatility. For instance, in the 202306 period, expenses ($121,578) exceeded revenue ($106,268), leading to a deficit. This trend of expenses sometimes outpacing revenue is observed in several periods, such as 201706 and 201606. However, the organization also shows periods of strong revenue generation, like $299,545 in 202206, which significantly outpaced expenses of $144,815, allowing for asset growth. The organization's asset base has fluctuated, reaching a high of $156,979 in 202206 before decreasing to $140,583 in 202306. Liabilities have generally been managed, though they were notably high in earlier periods (e.g., $135,744 in 201706) and have since decreased to $29,847 in 202306, which is a positive sign. The consistent reporting of 0% officer compensation across all available filings suggests a lean administrative structure at the top, which is a positive indicator for spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Independent Transportation Network 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Independent Transportation Network allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$106KTotal Revenue
$122KTotal Expenses
$141KTotal Assets
$30KTotal Liabilities
$111KNet Assets
  • The organization reported a deficit of $15K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 21.2%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which suggests a highly lean administrative overhead at the top for an organization with revenues ranging from $106,268 to $299,545.

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 Independent Transportation Network's IRS 990 filings:

  • Inconsistent revenue generation leading to periods where expenses exceed revenue (e.g., 202306, 201706, 201606).
  • Significant fluctuations in asset base, from $5,130 in 201706 to $156,979 in 202206, then down to $140,583 in 202306, indicating potential instability or reliance on specific funding cycles.

Strengths

The following positive indicators were identified for Independent Transportation Network:

  • Consistent IRS 990 filing history, demonstrating transparency.
  • 0% reported officer compensation across all filings, indicating a highly efficient use of funds at the executive level.
  • Significant reduction in liabilities over time, from a high of $135,744 in 201706 to $29,847 in 202306, improving financial stability.
  • Growth in assets from $5,130 in 201706 to $140,583 in 202306, indicating an improved financial position over the long term.

Frequently Asked Questions about Independent Transportation Network

Is Independent Transportation Network a legitimate charity?

Independent Transportation Network (EIN: 10504322) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 11 years of IRS 990 filings on record. Total revenue: $165K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Independent Transportation Network spend its money?

Independent Transportation Network directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Independent Transportation Network tax-deductible?

Independent Transportation Network is registered as a tax-exempt nonprofit (EIN: 10504322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Independent Transportation Network CEO make?

Independent Transportation Network's highest-compensated officer earns $106,268 annually. The organization reported $165K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Independent Transportation Network's spending goes to programs?

Independent Transportation Network directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Independent Transportation Network compare to similar nonprofits?

With a transparency score of 70/100 (Good), Independent Transportation Network is above average for NTEE category P81 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Independent Transportation Network located?

Independent Transportation Network is headquartered in Westbrook, Maine and files with the IRS under EIN 10504322. It is classified under NTEE code P81.

How many years of IRS 990 filings does Independent Transportation Network have?

Independent Transportation Network has 11 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 $165K in total revenue.

Is Independent Transportation Network a good charity?

ITN demonstrates commitment to its mission by consistently operating and filing its 990s. The lack of officer compensation is a strong positive. However, financial stability has varied, with expenses sometimes exceeding revenue, which could impact long-term sustainability. A deeper look into program impact and detailed expense breakdowns would provide a more complete picture.

What is the trend in ITN's financial health?

ITN's financial health shows volatility. While there are periods of strong revenue and asset growth (e.g., 202206 with $299,545 revenue), there are also periods where expenses exceed revenue (e.g., 202306 with $121,578 expenses vs. $106,268 revenue). Assets have grown significantly from $5,130 in 201706 to $140,583 in 202306, and liabilities have decreased, indicating improved balance sheet health over time despite revenue fluctuations.

How transparent is Independent Transportation Network?

ITN appears transparent in its financial reporting, consistently filing IRS 990 forms for over a decade. The detailed financial data provided in these filings, including revenue, expenses, assets, liabilities, and officer compensation, allows for public scrutiny of its financial operations.

Filing History

IRS 990 filing history for Independent Transportation Network showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), Independent Transportation Network's revenue has declined by 55.9%, moving from $241K to $106K. Total assets increased by 258.1% over the same period, from $39K to $141K. Total functional expenses fell by 52.7%, from $257K to $122K. In its most recent filing year (2023), Independent Transportation Network reported a deficit of $15K, with expenses exceeding revenue. The organization holds $30K in liabilities against $141K in assets (debt-to-asset ratio: 21.2%), resulting in net assets of $111K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $106K $122K $141K $30K View 990
2022 $300K $145K $157K $29K View 990
2020 $200K $146K $38K $89K View 990
2019 $182K $181K $17K $122K View 990
2018 $165K $154K $10K $116K View 990
2017 $177K $186K $5K $136K View 990
2016 $194K $209K $22K $135K View 990
2014 $262K $254K $45K $125K View 990
2013 $277K $260K $27K $114K View 990
2012 $229K $249K $22K $126K View 990
2011 $241K $257K $39K $120K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $106K, expenses of $122K, and assets of $141K (revenue -64.5% year-over-year).
  • 2022: Revenue of $300K, expenses of $145K, and assets of $157K (revenue +50.1% year-over-year).
  • 2020: Revenue of $200K, expenses of $146K, and assets of $38K (revenue +9.7% year-over-year).
  • 2019: Revenue of $182K, expenses of $181K, and assets of $17K (revenue +9.9% year-over-year).
  • 2018: Revenue of $165K, expenses of $154K, and assets of $10K (revenue -6.3% year-over-year).
  • 2017: Revenue of $177K, expenses of $186K, and assets of $5K (revenue -9.2% year-over-year).
  • 2016: Revenue of $194K, expenses of $209K, and assets of $22K (revenue -25.8% year-over-year).
  • 2014: Revenue of $262K, expenses of $254K, and assets of $45K (revenue -5.6% year-over-year).
  • 2013: Revenue of $277K, expenses of $260K, and assets of $27K (revenue +20.9% year-over-year).
  • 2012: Revenue of $229K, expenses of $249K, and assets of $22K (revenue -4.9% year-over-year).
  • 2011: Revenue of $241K, expenses of $257K, and assets of $39K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Independent Transportation Network:

2023 Filing 2022 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Independent Transportation Network 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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