Indian Township Passamaquoddy Development Agency
EIN: 463114626 · Princeton, ME · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $577K |
| Total Expenses | $620K |
| Net Assets | $93K |
Is Indian Township Passamaquoddy Development Agency Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indian Township Passamaquoddy Development Agency
Indian Township Passamaquoddy Development Agency (EIN: 463114626) is a nonprofit organization based in Princeton, ME, classified under NTEE code S30. The organization reported total revenue of $577K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indian Township Passamaquoddy Development Agency's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indian Township Passamaquoddy Development Agency is a small nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2014–2019). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $577K |
| Total Expenses | $620K |
| Surplus / Deficit | $-43,482 |
| Total Assets | $176K |
| Total Liabilities | $84K |
| Net Assets | $93K |
| Operating Margin | -7.5% |
| Debt-to-Asset Ratio | 47.5% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2019, Indian Township Passamaquoddy Development Agency reported a deficit of $43K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 47.5% (moderate leverage).
Financial Trends
Over 6 years of filings (2014–2019), Indian Township Passamaquoddy Development Agency's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -20.5% | -19.3% | -17.1% |
| 2018 | +90.2% | +122.2% | -13.9% |
| 2017 | +1.9% | -26.9% | +40.9% |
| 2016 | -35.2% | -5.9% | -20.5% |
| 2015 | +71.3% | +124.8% | +87.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indian Township Passamaquoddy Development Agency 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 Township Passamaquoddy Development Agency 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.5%.
Frequently Asked Questions about Indian Township Passamaquoddy Development Agency
Is Indian Township Passamaquoddy Development Agency a legitimate charity?
Based on AI analysis of IRS 990 filings, Indian Township Passamaquoddy Development Agency (EIN: 463114626) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indian Township Passamaquoddy Development Agency spend its money?
Detailed spending breakdown data is not yet available for Indian Township Passamaquoddy Development Agency. Check back for updated IRS 990 analysis.
Are donations to Indian Township Passamaquoddy Development Agency tax-deductible?
Indian Township Passamaquoddy Development Agency is registered as a tax-exempt nonprofit (EIN: 463114626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indian Township Passamaquoddy Development Agency located?
Indian Township Passamaquoddy Development Agency is headquartered in Princeton, Maine and files with the IRS under EIN 463114626. It is classified under NTEE code S30.
How many years of IRS 990 filings does Indian Township Passamaquoddy Development Agency have?
Indian Township Passamaquoddy Development Agency has 6 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 $577K in total revenue.
Filing History
IRS 990 filing history for Indian Township Passamaquoddy Development Agency showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2019), Indian Township Passamaquoddy Development Agency's revenue has grown by 71.2%, moving from $337K to $577K. Total assets increased by 49.9% over the same period, from $118K to $176K. Total functional expenses rose by 177.2%, from $224K to $620K. In its most recent filing year (2019), Indian Township Passamaquoddy Development Agency reported a deficit of $43K, with expenses exceeding revenue. The organization holds $84K in liabilities against $176K in assets (debt-to-asset ratio: 47.5%), resulting in net assets of $93K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $577K | $620K | $176K | $84K | — | View 990 |
| 2018 | $725K | $769K | $212K | $80K | — | View 990 |
| 2017 | $381K | $346K | $247K | $70K | — | View 990 |
| 2016 | $374K | $473K | $175K | $85K | — | View 990 |
| 2015 | $577K | $503K | $220K | $33K | — | View 990 |
| 2014 | $337K | $224K | $118K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $577K, expenses of $620K, and assets of $176K (revenue -20.5% year-over-year).
- 2018: Revenue of $725K, expenses of $769K, and assets of $212K (revenue +90.2% year-over-year).
- 2017: Revenue of $381K, expenses of $346K, and assets of $247K (revenue +1.9% year-over-year).
- 2016: Revenue of $374K, expenses of $473K, and assets of $175K (revenue -35.2% year-over-year).
- 2015: Revenue of $577K, expenses of $503K, and assets of $220K (revenue +71.3% year-over-year).
- 2014: Revenue of $337K, expenses of $224K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indian Township Passamaquoddy Development Agency:
Data Sources and Methodology
This transparency report for Indian Township Passamaquoddy Development Agency 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.