John Chabot Educational Foundation
John Chabot Educational Foundation maintains over $2 million in assets with zero liabilities despite highly variable annual revenues.
EIN: 16114884 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $118K |
| Program Spending | 85% |
| Net Assets | $2.2M |
| Transparency Score | 85/100 |
Is John Chabot Educational Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John Chabot Educational Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John Chabot Educational Foundation
John Chabot Educational Foundation (EIN: 16114884) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $1.6M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John Chabot Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John Chabot Educational Foundation is a mid-size nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $118K |
| Surplus / Deficit | $-75,812 |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | -181.8% |
| Months of Reserves | 222.6 months |
Financial Health Grade: B
In 2023, John Chabot Educational Foundation reported a deficit of $76K with expenses exceeding revenue, holds 222.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), John Chabot Educational Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -101.5% | +38.0% | -5.1% |
| 2021 | +16.4% | +23.6% | +6.8% |
| 2020 | +145.4% | -21.0% | +6.5% |
| 2019 | +50.2% | -8.2% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 John Chabot Educational Foundation 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, John Chabot Educational Foundation 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 deficit of $76K, with expenses exceeding revenue.
Executive Compensation Analysis
The John Chabot Educational Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which is a positive sign for donor funds being directed towards the mission.
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 John Chabot Educational Foundation's IRS 990 filings:
- Highly variable annual revenue, making future income less predictable.
- Lack of detailed expense breakdown in provided data, hindering precise program efficiency assessment.
Strengths
The following positive indicators were identified for John Chabot Educational Foundation:
- Strong asset base, consistently over $2 million, providing long-term stability.
- Zero reported liabilities across all filings, indicating excellent financial health.
- 0% officer compensation, suggesting efficient use of funds for the mission.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Stable expense levels despite revenue fluctuations, indicating controlled spending.
Frequently Asked Questions about John Chabot Educational Foundation
Is John Chabot Educational Foundation a legitimate charity?
John Chabot Educational Foundation (EIN: 16114884) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.6M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does John Chabot Educational Foundation spend its money?
John Chabot Educational Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to John Chabot Educational Foundation tax-deductible?
John Chabot Educational Foundation is registered as a tax-exempt nonprofit (EIN: 16114884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of John Chabot Educational Foundation's spending goes to programs?
John Chabot Educational Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is John Chabot Educational Foundation located?
John Chabot Educational Foundation is headquartered in Portland, Maine and files with the IRS under EIN 16114884.
How many years of IRS 990 filings does John Chabot Educational Foundation have?
John Chabot Educational Foundation 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 $1.6M in total revenue.
Is the John Chabot Educational Foundation financially stable?
Yes, the foundation is financially stable, consistently holding over $2 million in assets and reporting $0 in liabilities across all available filings, indicating a strong balance sheet.
Does the foundation pay its officers?
No, the foundation consistently reports 0% officer compensation in its IRS 990 filings, suggesting a volunteer-led or minimally compensated leadership structure.
How has the foundation's revenue trended?
The foundation's revenue has been highly variable, ranging from a negative value of $-3,555 in 2022 to a high of $480,799 in 2014, with recent years showing lower figures like $41,712 in 2023.
What is the foundation's approach to managing liabilities?
The foundation has consistently reported $0 in liabilities across all available filings, demonstrating a highly conservative and responsible approach to financial obligations.
Filing History
IRS 990 filing history for John Chabot Educational Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), John Chabot Educational Foundation's revenue has declined by 26.7%, moving from $57K to $42K. Total assets increased by 107.3% over the same period, from $1.1M to $2.2M. Total functional expenses rose by 170.3%, from $43K to $118K. In its most recent filing year (2023), John Chabot Educational Foundation reported a deficit of $76K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $118K | $2.2M | $0 | — | View 990 |
| 2022 | $-3,555 | $118K | $2.3M | $0 | — | — |
| 2021 | $238K | $86K | $2.4M | $0 | — | View 990 |
| 2020 | $204K | $69K | $2.2M | $0 | — | — |
| 2019 | $83K | $88K | $2.1M | $0 | — | View 990 |
| 2018 | $55K | $95K | $2.1M | $0 | — | View 990 |
| 2017 | $220K | $85K | $2.1M | $0 | — | View 990 |
| 2015 | $119K | $56K | $2.0M | $0 | — | View 990 |
| 2014 | $481K | $82K | $2.0M | $0 | — | View 990 |
| 2013 | $44K | $53K | $1.6M | $0 | — | View 990 |
| 2012 | $555K | $39K | $1.6M | $0 | — | View 990 |
| 2011 | $57K | $43K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $118K, and assets of $2.2M.
- 2022: Revenue of $-3,555, expenses of $118K, and assets of $2.3M (revenue -101.5% year-over-year).
- 2021: Revenue of $238K, expenses of $86K, and assets of $2.4M (revenue +16.4% year-over-year).
- 2020: Revenue of $204K, expenses of $69K, and assets of $2.2M (revenue +145.4% year-over-year).
- 2019: Revenue of $83K, expenses of $88K, and assets of $2.1M (revenue +50.2% year-over-year).
- 2018: Revenue of $55K, expenses of $95K, and assets of $2.1M (revenue -74.8% year-over-year).
- 2017: Revenue of $220K, expenses of $85K, and assets of $2.1M (revenue +84.4% year-over-year).
- 2015: Revenue of $119K, expenses of $56K, and assets of $2.0M (revenue -75.2% year-over-year).
- 2014: Revenue of $481K, expenses of $82K, and assets of $2.0M (revenue +993.0% year-over-year).
- 2013: Revenue of $44K, expenses of $53K, and assets of $1.6M (revenue -92.1% year-over-year).
- 2012: Revenue of $555K, expenses of $39K, and assets of $1.6M (revenue +875.1% year-over-year).
- 2011: Revenue of $57K, expenses of $43K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John Chabot Educational Foundation:
Data Sources and Methodology
This transparency report for John Chabot Educational 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.