Isleboro Pre School
Isleboro Pre School maintains strong asset growth and efficient spending with no reported executive compensation.
EIN: 10376079 · Islesboro, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $261K |
| Total Expenses | $184K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $1.7M |
| Transparency Score | 95/100 |
Is Isleboro Pre School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Isleboro Pre School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Isleboro Pre School
Isleboro Pre School (EIN: 10376079) is a nonprofit organization based in Islesboro, ME. The organization reported total revenue of $261K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isleboro Pre School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Isleboro Pre School is a small nonprofit that has been operating for 45 years, with 10 years of IRS 990 filings on record (2008–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $184K |
| Surplus / Deficit | $-16,741 |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | -10.0% |
| Months of Reserves | 109.3 months |
Financial Health Grade: C
In 2023, Isleboro Pre School reported a deficit of $17K with expenses exceeding revenue, holds 109.3 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.6% | -0.6% | +4.8% |
| 2022 | -34.0% | +19.5% | -6.9% |
| 2021 | +19.8% | -4.3% | +31.4% |
| 2020 | -27.0% | +8.0% | +11.2% |
| 2019 | +7.5% | -3.1% | +28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
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 Isleboro Pre School with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Isleboro Pre School allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $17K, with expenses exceeding revenue.
Executive Compensation Analysis
Isleboro Pre School reports 0% officer compensation across all available filings, indicating that its 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 exceeding $1.6 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 Isleboro Pre School's IRS 990 filings:
- Minor deficit in 2023 (expenses exceeded revenue by $16,741)
Strengths
The following positive indicators were identified for Isleboro Pre School:
- Strong and growing asset base (from $737,771 in 2017 to $1,671,871 in 2023)
- No reported officer compensation, indicating high efficiency and volunteer leadership
- Consistent history of IRS 990 filings, demonstrating transparency
- Expenses consistently well below revenue in most years, leading to asset accumulation
- Low liabilities across all reported periods
Frequently Asked Questions about Isleboro Pre School
Is Isleboro Pre School a legitimate charity?
Based on AI analysis of IRS 990 filings, Isleboro Pre School (EIN: 10376079) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Isleboro Pre School spend its money?
Isleboro Pre School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Isleboro Pre School tax-deductible?
Isleboro Pre School is registered as a tax-exempt nonprofit (EIN: 10376079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Isleboro Pre School CEO make?
Isleboro Pre School's highest-compensated officer earns $1.6 annually. The organization reported $261K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Isleboro Pre School located?
Isleboro Pre School is headquartered in Islesboro, Maine and files with the IRS under EIN 10376079.
How many years of IRS 990 filings does Isleboro Pre School have?
Isleboro Pre School has 10 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 $261K in total revenue.
Is Isleboro Pre School a good charity?
Based on its financial data, Isleboro Pre School appears to be a very good charity. It has a strong asset base ($1,671,871 in 2023), consistently low expenses relative to revenue (e.g., $184,652 expenses vs. $224,056 revenue in 2022), and reports no officer compensation, suggesting a high percentage of funds go directly to its mission.
How has Isleboro Pre School's financial health changed over time?
Isleboro Pre School has shown consistent financial growth, with assets increasing from $737,771 in 2017 to $1,671,871 in 2023. While revenue has fluctuated, expenses have remained relatively stable and low, contributing to this asset accumulation.
What is the organization's spending efficiency?
The organization demonstrates high spending efficiency. For example, in 2022, expenses were $184,652 against revenue of $224,056. The absence of officer compensation further indicates that a very high proportion of funds are likely directed towards program services and operational needs rather than administrative overhead.
Are there any concerns about the 2023 financial period?
In the 2023 period, expenses ($183,517) slightly exceeded revenue ($166,776), resulting in a minor deficit. However, given the organization's substantial assets ($1,671,871), this single year's deficit is not a significant concern and could be due to timing differences or specific program investments.
Filing History
IRS 990 filing history for Isleboro Pre School showing financial trends over 10 years of public records:
In its most recent filing year (2023), Isleboro Pre School reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167K | $184K | $1.7M | $-3,276 | — | View 990 |
| 2022 | $224K | $185K | $1.6M | $4K | — | View 990 |
| 2021 | $340K | $154K | $1.7M | $1K | — | View 990 |
| 2020 | $284K | $161K | $1.3M | $550 | — | View 990 |
| 2019 | $388K | $149K | $1.2M | $434 | — | View 990 |
| 2018 | $361K | $154K | $915K | $1K | — | View 990 |
| 2017 | $192K | $84K | $738K | $41 | — | View 990 |
| 2016 | $692K | $82K | $631K | $1K | — | View 990 |
| 2009 | $0 | $0 | $0 | $0 | — | — |
| 2008 | $0 | $0 | $0 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $167K, expenses of $184K, and assets of $1.7M (revenue -25.6% year-over-year).
- 2022: Revenue of $224K, expenses of $185K, and assets of $1.6M (revenue -34.0% year-over-year).
- 2021: Revenue of $340K, expenses of $154K, and assets of $1.7M (revenue +19.8% year-over-year).
- 2020: Revenue of $284K, expenses of $161K, and assets of $1.3M (revenue -27.0% year-over-year).
- 2019: Revenue of $388K, expenses of $149K, and assets of $1.2M (revenue +7.5% year-over-year).
- 2018: Revenue of $361K, expenses of $154K, and assets of $915K (revenue +87.9% year-over-year).
- 2017: Revenue of $192K, expenses of $84K, and assets of $738K (revenue -72.3% year-over-year).
- 2016: Revenue of $692K, expenses of $82K, and assets of $631K.
- 2009: Revenue of $0, expenses of $0, and assets of $0.
- 2008: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Isleboro Pre School:
Data Sources and Methodology
This transparency report for Isleboro Pre School 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.