Island Commons Resource Center
Island Commons Resource Center shows strong financial growth and no reported executive compensation over the past decade.
EIN: 10496139 · Chebeague Is, ME · NTEE: E99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $786K |
| Total Expenses | $982K |
| Program Spending | 90% |
| Net Assets | $3.8M |
| Transparency Score | 92/100 |
Is Island Commons Resource Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Island Commons Resource Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Island Commons Resource Center
Island Commons Resource Center (EIN: 10496139) is a nonprofit organization based in Chebeague Is, ME, classified under NTEE code E99. The organization reported total revenue of $786K and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Island Commons Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Island Commons Resource Center is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $982K |
| Surplus / Deficit | +$2.2M |
| Total Assets | $4.0M |
| Total Liabilities | $183K |
| Net Assets | $3.8M |
| Operating Margin | 69.1% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 48.5 months |
Financial Health Grade: A
In 2023, Island Commons Resource Center reported a surplus of $2.2M with revenue exceeding expenses, holds 48.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Island Commons Resource Center's revenue has grown at a compound annual growth rate (CAGR) of 20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +223.6% | +4.6% | +139.2% |
| 2022 | -27.0% | +3.7% | -6.6% |
| 2021 | +67.7% | +34.8% | +37.7% |
| 2020 | +11.7% | +7.9% | +9.2% |
| 2019 | -16.2% | +4.8% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Island Commons Resource Center with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Island Commons Resource Center allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly unusual for an organization of this size with growing assets and revenue, suggesting a volunteer-led board or very lean operational structure.
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 Island Commons Resource Center's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for Island Commons Resource Center:
- Consistent reporting of 0% officer compensation across all filings, indicating high dedication of resources to mission.
- Significant asset growth from $773,462 in 201409 to $3,964,607 in 202309, demonstrating strong financial management.
- Substantial revenue increase in 202309 to $3,179,897, indicating strong fundraising or operational success.
- Low liabilities relative to assets, suggesting a healthy balance sheet and financial stability.
- Consistent filing history with 13 available IRS 990s, indicating good transparency and compliance.
Frequently Asked Questions about Island Commons Resource Center
Is Island Commons Resource Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Island Commons Resource Center (EIN: 10496139) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Island Commons Resource Center spend its money?
Island Commons Resource Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Island Commons Resource Center tax-deductible?
Island Commons Resource Center is registered as a tax-exempt nonprofit (EIN: 10496139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Island Commons Resource Center's spending goes to programs?
Island Commons Resource Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Island Commons Resource Center compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Island Commons Resource Center is above average for NTEE category E99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Island Commons Resource Center located?
Island Commons Resource Center is headquartered in Chebeague Is, Maine and files with the IRS under EIN 10496139. It is classified under NTEE code E99.
How many years of IRS 990 filings does Island Commons Resource Center have?
Island Commons Resource Center has 13 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 $786K in total revenue.
Is Island Commons Resource Center a good charity?
Based on the provided financial data, Island Commons Resource Center appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, suggesting resources are maximized for programmatic use.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Assets grew from $773,462 in 201409 to $3,964,607 in 202309. Revenue has also seen substantial increases, particularly in 202309, reaching $3,179,897, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
Island Commons Resource Center reports 0% officer compensation in all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is a strong indicator of resource dedication to its mission.
Filing History
IRS 990 filing history for Island Commons Resource Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Island Commons Resource Center's revenue has grown by 818%, moving from $346K to $3.2M. Total assets increased by 383.7% over the same period, from $820K to $4.0M. Total functional expenses rose by 129.6%, from $428K to $982K. In its most recent filing year (2023), Island Commons Resource Center reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $183K in liabilities against $4.0M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $982K | $4.0M | $183K | — | — |
| 2022 | $983K | $939K | $1.7M | $184K | — | — |
| 2021 | $1.3M | $905K | $1.8M | $183K | — | View 990 |
| 2020 | $803K | $672K | $1.3M | $138K | — | View 990 |
| 2019 | $719K | $622K | $1.2M | $161K | — | View 990 |
| 2018 | $857K | $594K | $1.0M | $124K | — | View 990 |
| 2017 | $496K | $504K | $723K | $58K | — | View 990 |
| 2016 | $453K | $494K | $708K | $60K | — | View 990 |
| 2015 | $464K | $480K | $754K | $79K | — | View 990 |
| 2014 | $488K | $458K | $773K | $79K | — | View 990 |
| 2013 | $386K | $416K | $780K | $116K | — | View 990 |
| 2012 | $382K | $406K | $807K | $112K | — | View 990 |
| 2011 | $346K | $428K | $820K | $101K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $982K, and assets of $4.0M (revenue +223.6% year-over-year).
- 2022: Revenue of $983K, expenses of $939K, and assets of $1.7M (revenue -27.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $905K, and assets of $1.8M (revenue +67.7% year-over-year).
- 2020: Revenue of $803K, expenses of $672K, and assets of $1.3M (revenue +11.7% year-over-year).
- 2019: Revenue of $719K, expenses of $622K, and assets of $1.2M (revenue -16.2% year-over-year).
- 2018: Revenue of $857K, expenses of $594K, and assets of $1.0M (revenue +73.0% year-over-year).
- 2017: Revenue of $496K, expenses of $504K, and assets of $723K (revenue +9.4% year-over-year).
- 2016: Revenue of $453K, expenses of $494K, and assets of $708K (revenue -2.4% year-over-year).
- 2015: Revenue of $464K, expenses of $480K, and assets of $754K (revenue -5.0% year-over-year).
- 2014: Revenue of $488K, expenses of $458K, and assets of $773K (revenue +26.6% year-over-year).
- 2013: Revenue of $386K, expenses of $416K, and assets of $780K (revenue +1.1% year-over-year).
- 2012: Revenue of $382K, expenses of $406K, and assets of $807K (revenue +10.1% year-over-year).
- 2011: Revenue of $346K, expenses of $428K, and assets of $820K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Island Commons Resource Center:
Data Sources and Methodology
This transparency report for Island Commons Resource Center 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.