Katahdin Shared Services Inc
Katahdin Shared Services Inc. shows stable assets but experienced a deficit in its 2017 fiscal period.
EIN: 10366464 · Millinocket, ME · NTEE: E82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $481K |
| Total Expenses | $595K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $594,881, |
| Net Assets | $96K |
| Transparency Score | 70/100 |
Search Intent Cockpit
Katahdin Shared Services Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Katahdin Shared Services Inc 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 Shared Services Inc in one place.
Form 990 Filing Summary
1 filing year are available, with latest revenue of $559K and expenses of $595K.
Revenue and Expenses
Katahdin Shared Services Inc reported $559K in revenue and $595K in expenses, a deficit of $36K.
Executive Compensation
Top officer compensation appears as $594,881, in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Katahdin Shared Services Inc Legit?
Some Concerns
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
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
| Program services | $416K (70%) |
Across stored filings, Katahdin Shared Services Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Limited filing record; 2 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 1 stored filing year |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Health context |
Trust Check
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Local and Sector Spokes
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Donation Decision Flow
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Some Concerns. Check deductibility, filings, and red flags.
2Understand money
70% of spending goes to programs.
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Keep the Investigation Moving
Katahdin Shared Services Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Katahdin Shared Services Inc
Katahdin Shared Services Inc (EIN: 10366464) is a nonprofit organization based in Millinocket, ME, classified under NTEE code E82Z. The organization reported total revenue of $481K and total assets of $271K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Katahdin Shared Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Katahdin Shared Services Inc is a small nonprofit that has been operating for 46 years.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $559K |
| Total Expenses | $595K |
| Surplus / Deficit | $-35,893 |
| Total Assets | $187K |
| Total Liabilities | $91K |
| Net Assets | $96K |
| Operating Margin | -6.4% |
| Debt-to-Asset Ratio | 48.5% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2017, Katahdin Shared Services Inc reported a deficit of $36K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 48.5% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Katahdin Shared Services Inc with a Mission Score of 70 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: 70%
- fundraising: 10%
According to IRS 990 filings, Katahdin Shared Services Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.5%.
Executive Compensation Analysis
The 2017 filing reported 0% officer compensation, suggesting that executive compensation is either non-existent or very low relative to the organization's size and total expenses of $594,881, which is a positive sign for resource allocation.
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 Katahdin Shared Services Inc's IRS 990 filings:
- Expenses exceeded revenue in the 2017 filing ($594,881 vs $558,988), indicating a deficit.
- Only one IRS 990 filing available, limiting transparency and trend analysis.
Strengths
The following positive indicators were identified for Katahdin Shared Services Inc:
- No officer compensation reported in 2017, indicating efficient use of funds for leadership.
- Assets ($270,542) exceed liabilities, suggesting a healthy balance sheet.
- NTEE code E82Z (Other Human Services) suggests a focus on community support.
Frequently Asked Questions about Katahdin Shared Services Inc
Is Katahdin Shared Services Inc a legitimate charity?
Katahdin Shared Services Inc (EIN: 10366464) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. Total revenue: $481K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Katahdin Shared Services Inc spend its money?
Katahdin Shared Services Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Katahdin Shared Services Inc tax-deductible?
Katahdin Shared Services Inc is registered as a tax-exempt nonprofit (EIN: 10366464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Katahdin Shared Services Inc CEO make?
Katahdin Shared Services Inc's highest-compensated officer earns $594,881, annually. The organization reported $481K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Katahdin Shared Services Inc's spending goes to programs?
Katahdin Shared Services Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Katahdin Shared Services Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Katahdin Shared Services Inc is above average for NTEE category E82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Katahdin Shared Services Inc located?
Katahdin Shared Services Inc is headquartered in Millinocket, Maine and files with the IRS under EIN 10366464. It is classified under NTEE code E82Z.
Is Katahdin Shared Services Inc. financially stable?
Yes, the organization appears to be financially stable with assets of $270,542, though it did operate at a deficit in 2017, with expenses exceeding revenue by $35,893.
What is the trend in revenue for Katahdin Shared Services Inc.?
Revenue decreased from $558,988 in 2017 to $481,084 in the latest reported period, indicating a slight downward trend.
Does Katahdin Shared Services Inc. pay its officers?
Based on the 2017 filing, no officer compensation was reported, suggesting a volunteer or very low-paid leadership structure.
Filing History
IRS 990 filing history for Katahdin Shared Services Inc showing financial trends over 1 year of public records:
In its most recent filing year (2017), Katahdin Shared Services Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $91K in liabilities against $187K in assets (debt-to-asset ratio: 48.5%), resulting in net assets of $96K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $559K | $595K | $187K | $91K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Katahdin Shared Services Inc:
Data Sources and Methodology
This transparency report for Katahdin Shared Services Inc 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.