Isle Au Haut Community Development Corporation
Isle Au Haut Community Development Corporation shows growing revenue and assets with no reported officer compensation.
EIN: 10454046 · Isle Au Haut, ME · NTEE: L20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $131K |
| Total Expenses | $135K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $868K |
| Transparency Score | 85/100 |
Is Isle Au Haut Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Isle Au Haut Community Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Isle Au Haut Community Development Corporation
Isle Au Haut Community Development Corporation (EIN: 10454046) is a nonprofit organization based in Isle Au Haut, ME, classified under NTEE code L20Z. The organization reported total revenue of $131K and total assets of $896K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isle Au Haut Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Isle Au Haut Community Development Corporation is a small nonprofit that has been operating for 35 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $135K |
| Surplus / Deficit | +$66K |
| Total Assets | $928K |
| Total Liabilities | $60K |
| Net Assets | $868K |
| Operating Margin | 33.0% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 82.7 months |
Financial Health Grade: A
In 2023, Isle Au Haut Community Development Corporation reported a surplus of $66K with revenue exceeding expenses, holds 82.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Isle Au Haut Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.8% | +32.7% | -9.3% |
| 2022 | +61.4% | +45.7% | +4.4% |
| 2021 | +96.2% | +45.9% | +16.2% |
| 2019 | +95.6% | +31.3% | +5.9% |
| 2018 | -17.7% | -32.5% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Isle Au Haut Community Development Corporation with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Isle Au Haut Community Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size with assets nearing $1 million.
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 Isle Au Haut Community Development Corporation's IRS 990 filings:
- Significant year-to-year revenue fluctuations, making financial planning potentially challenging.
- Lack of detailed functional expense breakdown in provided data, limiting precise spending efficiency analysis.
Strengths
The following positive indicators were identified for Isle Au Haut Community Development Corporation:
- Consistent 0% officer compensation, indicating high efficiency and dedication.
- Positive trend in revenue growth, reaching $200,922 in 2023.
- Healthy asset base, consistently above $800,000 in recent years.
- Revenue exceeding expenses in the latest filing ($200,922 vs. $134,636 in 2023).
- Significant reduction in liabilities from $221,454 in 2022 to $60,173 in 2023.
Frequently Asked Questions about Isle Au Haut Community Development Corporation
Is Isle Au Haut Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Isle Au Haut Community Development Corporation (EIN: 10454046) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Isle Au Haut Community Development Corporation spend its money?
Isle Au Haut Community Development Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Isle Au Haut Community Development Corporation tax-deductible?
Isle Au Haut Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 10454046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Isle Au Haut Community Development Corporation CEO make?
Isle Au Haut Community Development Corporation's highest-compensated officer earns $1 annually. The organization reported $131K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Isle Au Haut Community Development Corporation's spending goes to programs?
Isle Au Haut Community Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Isle Au Haut Community Development Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Isle Au Haut Community Development Corporation is above average for NTEE category L20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Isle Au Haut Community Development Corporation located?
Isle Au Haut Community Development Corporation is headquartered in Isle Au Haut, Maine and files with the IRS under EIN 10454046. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Isle Au Haut Community Development Corporation have?
Isle Au Haut Community Development Corporation has 12 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 $131K in total revenue.
How does Isle Au Haut Community Development Corporation fund its operations given the fluctuating revenue?
The organization primarily relies on varying revenue streams, which have shown significant growth in recent years, reaching $200,922 in 2023. Its substantial asset base, which has consistently been above $750,000, likely provides a buffer and potential investment income to support operations during periods of lower revenue.
What specific programs does the organization run to achieve its community development mission?
While the NTEE code L20Z indicates 'Community Development, General,' the provided financial data does not detail specific programs. Further investigation into their public communications or full 990 filings would be needed to understand their programmatic activities.
Is the organization's asset growth sustainable given its revenue fluctuations?
The organization has demonstrated consistent asset growth over the long term, from $762,972 in 2013 to $928,163 in 2023. While revenue fluctuates, the trend of expenses generally being lower than revenue in recent years (e.g., 2023: $200,922 revenue vs. $134,636 expenses) suggests a capacity for sustainable asset accumulation.
Filing History
IRS 990 filing history for Isle Au Haut Community Development Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Isle Au Haut Community Development Corporation's revenue has declined by 15.8%, moving from $239K to $201K. Total assets increased by 216.2% over the same period, from $294K to $928K. Total functional expenses rose by 338.8%, from $31K to $135K. In its most recent filing year (2023), Isle Au Haut Community Development Corporation reported a surplus of $66K, with revenue exceeding expenses. The organization holds $60K in liabilities against $928K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $868K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $135K | $928K | $60K | — | View 990 |
| 2022 | $146K | $101K | $1.0M | $221K | — | View 990 |
| 2021 | $90K | $70K | $980K | $222K | — | View 990 |
| 2019 | $46K | $48K | $843K | $225K | — | View 990 |
| 2018 | $24K | $36K | $796K | $67K | — | View 990 |
| 2017 | $29K | $54K | $810K | $68K | — | View 990 |
| 2016 | $94K | $18K | $843K | $69K | — | View 990 |
| 2015 | $28K | $26K | $768K | $70K | — | View 990 |
| 2014 | $24K | $18K | $768K | $72K | — | View 990 |
| 2013 | $66K | $24K | $763K | $73K | — | View 990 |
| 2012 | $384K | $30K | $719K | $72K | — | View 990 |
| 2011 | $239K | $31K | $294K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $135K, and assets of $928K (revenue +37.8% year-over-year).
- 2022: Revenue of $146K, expenses of $101K, and assets of $1.0M (revenue +61.4% year-over-year).
- 2021: Revenue of $90K, expenses of $70K, and assets of $980K (revenue +96.2% year-over-year).
- 2019: Revenue of $46K, expenses of $48K, and assets of $843K (revenue +95.6% year-over-year).
- 2018: Revenue of $24K, expenses of $36K, and assets of $796K (revenue -17.7% year-over-year).
- 2017: Revenue of $29K, expenses of $54K, and assets of $810K (revenue -69.6% year-over-year).
- 2016: Revenue of $94K, expenses of $18K, and assets of $843K (revenue +236.0% year-over-year).
- 2015: Revenue of $28K, expenses of $26K, and assets of $768K (revenue +15.6% year-over-year).
- 2014: Revenue of $24K, expenses of $18K, and assets of $768K (revenue -63.5% year-over-year).
- 2013: Revenue of $66K, expenses of $24K, and assets of $763K (revenue -82.7% year-over-year).
- 2012: Revenue of $384K, expenses of $30K, and assets of $719K (revenue +60.8% year-over-year).
- 2011: Revenue of $239K, expenses of $31K, and assets of $294K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Isle Au Haut Community Development Corporation:
Data Sources and Methodology
This transparency report for Isle Au Haut Community Development Corporation 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.