John M Eagleson Jr Institute
John M Eagleson Jr Institute consistently operates near break-even with no reported officer compensation.
EIN: 10444523 · Sanford, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is John M Eagleson Jr Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John M Eagleson Jr Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John M Eagleson Jr Institute
John M Eagleson Jr Institute (EIN: 10444523) is a nonprofit organization based in Sanford, ME. The organization reported total revenue of $1.3M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John M Eagleson Jr Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John M Eagleson Jr Institute is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-80,180 |
| Total Assets | $1.7M |
| Total Liabilities | $221K |
| Net Assets | $1.4M |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 15.6 months |
Financial Health Grade: B
In 2023, John M Eagleson Jr Institute reported a deficit of $80K with expenses exceeding revenue, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), John M Eagleson Jr Institute's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.6% | +30.4% | -13.2% |
| 2022 | +95.5% | +49.5% | -5.5% |
| 2021 | -50.0% | -35.4% | -9.7% |
| 2020 | -17.5% | -11.2% | +1.8% |
| 2019 | -25.4% | -3.2% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 M Eagleson Jr Institute 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 M Eagleson Jr Institute 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 $80K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator of financial stewardship and a strong commitment to directing all available funds to programmatic activities.
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 M Eagleson Jr Institute's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 202306, 202206, 202106) where expenses exceeded revenue.
- Gradual decline in total assets from $2,257,943 in 201806 to $1,656,027 in 202306.
Strengths
The following positive indicators were identified for John M Eagleson Jr Institute:
- Consistent reporting of 0% officer compensation across all available filings, indicating strong financial stewardship.
- Regular and consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.
- Maintained a substantial asset base, with $1,656,027 in 202306, providing financial resilience.
Frequently Asked Questions about John M Eagleson Jr Institute
Is John M Eagleson Jr Institute a legitimate charity?
John M Eagleson Jr Institute (EIN: 10444523) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does John M Eagleson Jr Institute spend its money?
John M Eagleson Jr Institute directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to John M Eagleson Jr Institute tax-deductible?
John M Eagleson Jr Institute is registered as a tax-exempt nonprofit (EIN: 10444523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of John M Eagleson Jr Institute's spending goes to programs?
John M Eagleson Jr Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is John M Eagleson Jr Institute located?
John M Eagleson Jr Institute is headquartered in Sanford, Maine and files with the IRS under EIN 10444523.
How many years of IRS 990 filings does John M Eagleson Jr Institute have?
John M Eagleson Jr Institute 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 $1.3M in total revenue.
Is the John M Eagleson Jr Institute financially stable given recent deficits?
While the organization has reported expenses exceeding revenue in several recent periods (e.g., 202306, 202206, 202106), its asset base of $1,656,027 in 202306, though declining, still provides a buffer. The consistent operational pattern suggests a managed approach, but sustained deficits could impact long-term stability.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a strong positive indicator, suggesting that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards its mission.
How has the organization's asset base changed over time?
The organization's assets have shown a gradual decline from a peak of $2,257,943 in 201806 to $1,656,027 in 202306, representing a decrease of approximately 26.6% over five years.
Filing History
IRS 990 filing history for John M Eagleson Jr Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), John M Eagleson Jr Institute's revenue has grown by 44.7%, moving from $825K to $1.2M. Total assets decreased by 1.1% over the same period, from $1.7M to $1.7M. Total functional expenses rose by 59.8%, from $797K to $1.3M. In its most recent filing year (2023), John M Eagleson Jr Institute reported a deficit of $80K, with expenses exceeding revenue. The organization holds $221K in liabilities against $1.7M in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $1.7M | $221K | — | View 990 |
| 2022 | $843K | $977K | $1.9M | $392K | — | View 990 |
| 2021 | $431K | $654K | $2.0M | $370K | — | — |
| 2020 | $862K | $1.0M | $2.2M | $365K | — | View 990 |
| 2019 | $1.0M | $1.1M | $2.2M | $175K | — | View 990 |
| 2018 | $1.4M | $1.2M | $2.3M | $142K | — | View 990 |
| 2017 | $1.1M | $1.0M | $2.0M | $141K | — | View 990 |
| 2016 | $1.3M | $1.2M | $1.9M | $84K | — | View 990 |
| 2015 | $1.2M | $1.1M | $1.8M | $100K | — | View 990 |
| 2014 | $959K | $954K | $1.7M | $120K | — | View 990 |
| 2013 | $1.1M | $1.0M | $1.8M | $165K | — | View 990 |
| 2012 | $1.2M | $1.2M | $1.7M | $183K | — | View 990 |
| 2011 | $825K | $797K | $1.7M | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $1.7M (revenue +41.6% year-over-year).
- 2022: Revenue of $843K, expenses of $977K, and assets of $1.9M (revenue +95.5% year-over-year).
- 2021: Revenue of $431K, expenses of $654K, and assets of $2.0M (revenue -50.0% year-over-year).
- 2020: Revenue of $862K, expenses of $1.0M, and assets of $2.2M (revenue -17.5% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.1M, and assets of $2.2M (revenue -25.4% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $2.3M (revenue +29.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $2.0M (revenue -17.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $1.9M (revenue +11.4% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $1.8M (revenue +22.3% year-over-year).
- 2014: Revenue of $959K, expenses of $954K, and assets of $1.7M (revenue -14.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $1.8M (revenue -7.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue +46.7% year-over-year).
- 2011: Revenue of $825K, expenses of $797K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John M Eagleson Jr Institute:
Data Sources and Methodology
This transparency report for John M Eagleson Jr Institute 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.