Joseph Emery Trust Fbo Congregation Church Rockland
Joseph Emery Trust experiences consistent asset decline as expenses outpace revenue.
EIN: 16076042 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $22K |
| Program Spending | 80% |
| Net Assets | $267K |
| Transparency Score | 65/100 |
Is Joseph Emery Trust Fbo Congregation Church Rockland Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joseph Emery Trust Fbo Congregation Church Rockland directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joseph Emery Trust Fbo Congregation Church Rockland
Joseph Emery Trust Fbo Congregation Church Rockland (EIN: 16076042) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $74K and total assets of $258K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph Emery Trust Fbo Congregation Church Rockland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joseph Emery Trust Fbo Congregation Church Rockland is a micro nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $22K |
| Surplus / Deficit | $-14,219 |
| Total Assets | $267K |
| Total Liabilities | $1 |
| Net Assets | $267K |
| Operating Margin | -188.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.1 months |
Financial Health Grade: B
In 2023, Joseph Emery Trust Fbo Congregation Church Rockland reported a deficit of $14K with expenses exceeding revenue, holds 147.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Joseph Emery Trust Fbo Congregation Church Rockland's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.7% | -5.3% | -5.1% |
| 2022 | -45.7% | -18.3% | -3.3% |
| 2021 | +215.4% | +34.0% | -1.2% |
| 2020 | -46.2% | +25.6% | -4.3% |
| 2019 | -38.7% | -16.8% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Joseph Emery Trust Fbo Congregation Church Rockland with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Joseph Emery Trust Fbo Congregation Church Rockland allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely managed by volunteers or has no paid executive staff, which is appropriate for its small size and revenue.
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 Joseph Emery Trust Fbo Congregation Church Rockland's IRS 990 filings:
- Consistent decline in assets over the past decade, indicating expenses frequently exceed revenue.
- Significant negative net income in recent years (e.g., -$14,219 in 2023, -$9,572 in 2022).
Strengths
The following positive indicators were identified for Joseph Emery Trust Fbo Congregation Church Rockland:
- Consistently reports 0% officer compensation, indicating low administrative overhead.
- Maintains minimal to no liabilities, suggesting a debt-free operation.
- Consistent filing of IRS Form 990s, providing basic financial transparency.
Frequently Asked Questions about Joseph Emery Trust Fbo Congregation Church Rockland
Is Joseph Emery Trust Fbo Congregation Church Rockland a legitimate charity?
Joseph Emery Trust Fbo Congregation Church Rockland (EIN: 16076042) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $74K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Joseph Emery Trust Fbo Congregation Church Rockland spend its money?
Joseph Emery Trust Fbo Congregation Church Rockland directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Joseph Emery Trust Fbo Congregation Church Rockland tax-deductible?
Joseph Emery Trust Fbo Congregation Church Rockland is registered as a tax-exempt nonprofit (EIN: 16076042). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joseph Emery Trust Fbo Congregation Church Rockland located?
Joseph Emery Trust Fbo Congregation Church Rockland is headquartered in Portland, Maine and files with the IRS under EIN 16076042.
How many years of IRS 990 filings does Joseph Emery Trust Fbo Congregation Church Rockland have?
Joseph Emery Trust Fbo Congregation Church Rockland 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 $74K in total revenue.
Is Joseph Emery Trust Fbo Congregation Church Rockland financially sustainable?
The trust's financial sustainability is questionable given the consistent trend of expenses exceeding revenue, leading to a decline in assets from $320,462 in 2011 to $266,895 in 2023. This pattern suggests it is drawing down its principal, which is not sustainable long-term without significant new revenue sources.
What are the primary expenses of the organization?
Without a detailed breakdown of expenses in the provided data, it's difficult to pinpoint the primary expense categories. However, given its nature as a trust supporting a church, expenses likely include distributions to the church, investment management fees, and minimal administrative costs.
How transparent is the organization?
The organization files its IRS Form 990s, which provides basic financial transparency. However, without more detailed breakdowns of expenses or program activities, the level of programmatic transparency is limited.
Filing History
IRS 990 filing history for Joseph Emery Trust Fbo Congregation Church Rockland showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joseph Emery Trust Fbo Congregation Church Rockland's revenue has declined by 56.4%, moving from $17K to $8K. Total assets decreased by 16.7% over the same period, from $320K to $267K. Total functional expenses fell by 2.6%, from $22K to $22K. In its most recent filing year (2023), Joseph Emery Trust Fbo Congregation Church Rockland reported a deficit of $14K, with expenses exceeding revenue. The organization holds $1 in liabilities against $267K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $267K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $22K | $267K | $1 | — | — |
| 2022 | $13K | $23K | $281K | $1 | — | View 990 |
| 2021 | $25K | $28K | $291K | $1 | — | — |
| 2020 | $8K | $21K | $294K | $1 | — | — |
| 2019 | $15K | $17K | $307K | $0 | — | View 990 |
| 2015 | $24K | $20K | $331K | $0 | — | View 990 |
| 2014 | $23K | $13K | $326K | $0 | — | View 990 |
| 2013 | $13K | $22K | $317K | $0 | — | View 990 |
| 2012 | $27K | $21K | $326K | $0 | — | View 990 |
| 2011 | $17K | $22K | $320K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $22K, and assets of $267K (revenue -43.7% year-over-year).
- 2022: Revenue of $13K, expenses of $23K, and assets of $281K (revenue -45.7% year-over-year).
- 2021: Revenue of $25K, expenses of $28K, and assets of $291K (revenue +215.4% year-over-year).
- 2020: Revenue of $8K, expenses of $21K, and assets of $294K (revenue -46.2% year-over-year).
- 2019: Revenue of $15K, expenses of $17K, and assets of $307K (revenue -38.7% year-over-year).
- 2015: Revenue of $24K, expenses of $20K, and assets of $331K (revenue +3.0% year-over-year).
- 2014: Revenue of $23K, expenses of $13K, and assets of $326K (revenue +72.3% year-over-year).
- 2013: Revenue of $13K, expenses of $22K, and assets of $317K (revenue -49.8% year-over-year).
- 2012: Revenue of $27K, expenses of $21K, and assets of $326K (revenue +54.2% year-over-year).
- 2011: Revenue of $17K, expenses of $22K, and assets of $320K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joseph Emery Trust Fbo Congregation Church Rockland:
Data Sources and Methodology
This transparency report for Joseph Emery Trust Fbo Congregation Church Rockland 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.