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
Is Independent Transportation Network Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
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.
AI Transparency Report
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.
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?
Based on AI analysis of IRS 990 filings, Independent Transportation Network (EIN: 10504322) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does Independent Transportation Network spend its money?
Independent Transportation Network directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
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.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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.
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.