Katahdin Area Support Group

Katahdin Area Support Group shows strong financial health and asset growth in its latest filing, with minimal expenses.

EIN: 10443818 · Millinocket, ME · NTEE: S80I · Updated: 2026-03-28

$0Revenue
$0Assets
85/100Mission Score (Excellent)
S80I

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Katahdin Area Support Group Financial Summary
MetricValue
Total Expenses$10K
Program Spending90%
Net Assets$108K
Transparency Score85/100

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Katahdin Area Support Group Form 990, Revenue, CEO Pay, and IRS Filing Signals

Katahdin Area Support Group is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Katahdin Area Support Group in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $68K and expenses of $10K.

Revenue and Expenses

Katahdin Area Support Group reported $68K in revenue and $10K in expenses, a surplus of $58K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Katahdin Area Support Group Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Katahdin Area Support Group Expense Deployment
Program services$9K (90%)

Across stored filings, Katahdin Area Support Group shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Community Improvement context

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Katahdin Area Support Group directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Katahdin Area Support Group

Katahdin Area Support Group (EIN: 10443818) is a nonprofit organization based in Millinocket, ME, classified under NTEE code S80I. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Katahdin Area Support Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

35Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Katahdin Area Support Group is a micro nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 10.2%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$68K
Total Expenses$10K
Surplus / Deficit+$58K
Total Assets$108K
Net Assets$108K
Operating Margin85.3%
Months of Reserves130.3 months

Financial Health Grade: A

In 2020, Katahdin Area Support Group reported a surplus of $58K with revenue exceeding expenses, holds 130.3 months of operating reserves (strong position).

Financial Trends

Over 10 years of filings (2011–2020), Katahdin Area Support Group's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.

YearRevenue ChangeExpense ChangeAsset Change
2020+688.6%-35.3%+115.6%
2019-79.1%-6.2%-11.9%
2018+155.5%-20.0%+77.7%
2017-30.8%+29.1%-11.9%
2016+40.3%-11.4%+25.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1991

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Katahdin Area Support Group demonstrates a generally healthy financial position, particularly in its most recent filing (202012) where it reported $67,841 in revenue against only $9,945 in expenses, leading to a significant increase in assets to $107,989. This indicates strong financial management and an ability to build reserves. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk. While the organization's revenue has fluctuated over the years, the recent period shows a very efficient use of funds, with expenses being a small fraction of revenue. The absence of officer compensation also suggests a volunteer-driven model, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Katahdin Area Support Group 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Katahdin Area Support Group 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 (2020)

From the most recent IRS 990 filing on record:

$68KTotal Revenue
$10KTotal Expenses
$108KTotal Assets
$108KNet Assets
  • The organization reported a surplus of $58K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which significantly reduces administrative overhead for an organization of its size.

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.

Strengths

The following positive indicators were identified for Katahdin Area Support Group:

  • Strong financial health with consistent asset growth, reaching $107,989 in 202012.
  • Excellent spending efficiency, with expenses ($9,945) being a small percentage of revenue ($67,841) in the latest filing.
  • Zero liabilities reported across all filings, indicating strong financial stability and low risk.
  • 0% officer compensation, suggesting a volunteer-driven model and efficient use of funds for programs.
  • Consistent positive net assets over the past decade.

Frequently Asked Questions about Katahdin Area Support Group

Is Katahdin Area Support Group a legitimate charity?

Katahdin Area Support Group (EIN: 10443818) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Katahdin Area Support Group spend its money?

Katahdin Area Support Group directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Katahdin Area Support Group tax-deductible?

Katahdin Area Support Group is registered as a tax-exempt nonprofit (EIN: 10443818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Katahdin Area Support Group compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Katahdin Area Support Group is above average for NTEE category S80I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Katahdin Area Support Group located?

Katahdin Area Support Group is headquartered in Millinocket, Maine and files with the IRS under EIN 10443818. It is classified under NTEE code S80I.

How many years of IRS 990 filings does Katahdin Area Support Group have?

Katahdin Area Support Group 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.

Is Katahdin Area Support Group a good charity?

Based on its financial filings, Katahdin Area Support Group appears to be a well-managed charity. It consistently operates with zero liabilities, and in its latest filing, it spent only $9,945 against $67,841 in revenue, demonstrating excellent financial efficiency and a strong ability to build assets for future programs. The absence of officer compensation further suggests a high dedication to its mission with minimal overhead.

How does Katahdin Area Support Group manage its expenses?

Katahdin Area Support Group demonstrates very prudent expense management. In its 202012 filing, expenses were only $9,945, which is a small fraction of its $67,841 revenue. This indicates a highly efficient operation, likely due to a volunteer-driven model and careful allocation of resources.

What is the trend in Katahdin Area Support Group's assets?

The organization's assets have shown significant growth, particularly in the most recent period. From $29,078 in 201112, assets grew to $50,093 in 201912, and then sharply increased to $107,989 in 202012, indicating strong financial accumulation and stability.

Filing History

IRS 990 filing history for Katahdin Area Support Group showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2020), Katahdin Area Support Group's revenue has grown by 138.8%, moving from $28K to $68K. Total assets increased by 271.4% over the same period, from $29K to $108K. Total functional expenses fell by 67.1%, from $30K to $10K. In its most recent filing year (2020), Katahdin Area Support Group reported a surplus of $58K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $68K $10K $108K $0
2019 $9K $15K $50K $0 View 990
2018 $41K $16K $57K $0 View 990
2017 $16K $20K $32K $0 View 990
2016 $23K $16K $36K $0 View 990
2015 $17K $18K $29K $0 View 990
2014 $22K $20K $30K $0 View 990
2013 $20K $22K $29K $0 View 990
2012 $28K $27K $30K $0 View 990
2011 $28K $30K $29K $0 View 990

Year-by-Year Financial Summary

  • 2020: Revenue of $68K, expenses of $10K, and assets of $108K (revenue +688.6% year-over-year).
  • 2019: Revenue of $9K, expenses of $15K, and assets of $50K (revenue -79.1% year-over-year).
  • 2018: Revenue of $41K, expenses of $16K, and assets of $57K (revenue +155.5% year-over-year).
  • 2017: Revenue of $16K, expenses of $20K, and assets of $32K (revenue -30.8% year-over-year).
  • 2016: Revenue of $23K, expenses of $16K, and assets of $36K (revenue +40.3% year-over-year).
  • 2015: Revenue of $17K, expenses of $18K, and assets of $29K (revenue -22.8% year-over-year).
  • 2014: Revenue of $22K, expenses of $20K, and assets of $30K (revenue +6.1% year-over-year).
  • 2013: Revenue of $20K, expenses of $22K, and assets of $29K (revenue -28.1% year-over-year).
  • 2012: Revenue of $28K, expenses of $27K, and assets of $30K (revenue -0.7% year-over-year).
  • 2011: Revenue of $28K, expenses of $30K, and assets of $29K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Katahdin Area Support Group:

2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Katahdin Area Support Group 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.

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