Indian And Forest Acres Alumni Scholarship Foundation
EIN: 821298123 · Fryeburg, ME · NTEE: B84
Is Indian And Forest Acres Alumni Scholarship Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indian And Forest Acres Alumni Scholarship Foundation
Indian And Forest Acres Alumni Scholarship Foundation (EIN: 821298123) is a nonprofit organization based in Fryeburg, ME, classified under NTEE code B84. The organization reported total revenue of $82K and total assets of $206K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indian And Forest Acres Alumni Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indian And Forest Acres Alumni Scholarship Foundation is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $44K |
| Surplus / Deficit | +$12K |
| Total Assets | $173K |
| Net Assets | $173K |
| Operating Margin | 22.0% |
| Months of Reserves | 47.3 months |
Financial Health Grade: A
In 2023, Indian And Forest Acres Alumni Scholarship Foundation reported a surplus of $12K with revenue exceeding expenses, holds 47.3 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Indian And Forest Acres Alumni Scholarship Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.5% | -29.4% | +7.7% |
| 2022 | +16.5% | +35.5% | +9.1% |
| 2021 | -6.5% | +45.0% | +14.8% |
| 2020 | +26.6% | +10.3% | +67.1% |
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 Indian And Forest Acres Alumni Scholarship Foundation 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 Indian And Forest Acres Alumni Scholarship Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Frequently Asked Questions about Indian And Forest Acres Alumni Scholarship Foundation
Is Indian And Forest Acres Alumni Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Indian And Forest Acres Alumni Scholarship Foundation (EIN: 821298123) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indian And Forest Acres Alumni Scholarship Foundation spend its money?
Detailed spending breakdown data is not yet available for Indian And Forest Acres Alumni Scholarship Foundation. Check back for updated IRS 990 analysis.
Are donations to Indian And Forest Acres Alumni Scholarship Foundation tax-deductible?
Indian And Forest Acres Alumni Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 821298123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Indian And Forest Acres Alumni Scholarship Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Indian And Forest Acres Alumni Scholarship Foundation's revenue has grown by 2.8%, moving from $55K to $56K. Total assets increased by 125.2% over the same period, from $77K to $173K. Total functional expenses rose by 53.1%, from $29K to $44K. In its most recent filing year (2023), Indian And Forest Acres Alumni Scholarship Foundation reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $44K | $173K | $0 | — | — |
| 2022 | $76K | $62K | $161K | $0 | — | — |
| 2021 | $65K | $46K | $147K | $0 | — | View 990 |
| 2020 | $69K | $32K | $128K | $0 | — | — |
| 2019 | $55K | $29K | $77K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $44K, and assets of $173K (revenue -25.5% year-over-year).
- 2022: Revenue of $76K, expenses of $62K, and assets of $161K (revenue +16.5% year-over-year).
- 2021: Revenue of $65K, expenses of $46K, and assets of $147K (revenue -6.5% year-over-year).
- 2020: Revenue of $69K, expenses of $32K, and assets of $128K (revenue +26.6% year-over-year).
- 2019: Revenue of $55K, expenses of $29K, and assets of $77K.
Data Sources and Methodology
This transparency report for Indian And Forest Acres Alumni Scholarship Foundation 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.