Kennebec Valley Board Of Realtors
Kennebec Valley Board Of Realtors maintains strong financial health with consistent surpluses and zero liabilities.
EIN: 10384454 · Augusta, ME · NTEE: S46 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $116K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $130,000. |
| Net Assets | $260K |
| Transparency Score | 90/100 |
Is Kennebec Valley Board Of Realtors Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kennebec Valley Board Of Realtors directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kennebec Valley Board Of Realtors
Kennebec Valley Board Of Realtors (EIN: 10384454) is a nonprofit organization based in Augusta, ME, classified under NTEE code S46. The organization reported total revenue of $160K and total assets of $264K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kennebec Valley Board Of Realtors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kennebec Valley Board Of Realtors is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $116K |
| Surplus / Deficit | +$15K |
| Total Assets | $260K |
| Net Assets | $260K |
| Operating Margin | 11.6% |
| Months of Reserves | 27.0 months |
Financial Health Grade: A
In 2023, Kennebec Valley Board Of Realtors reported a surplus of $15K with revenue exceeding expenses, holds 27.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kennebec Valley Board Of Realtors's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | +11.2% | +6.2% |
| 2022 | +9.3% | +27.8% | +15.7% |
| 2021 | +18.2% | +15.4% | +26.4% |
| 2020 | -14.7% | -38.1% | +27.1% |
| 2019 | +14.6% | +4.8% | +8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Kennebec Valley Board Of Realtors with a Mission Score of 90 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, Kennebec Valley Board Of Realtors 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 surplus of $15K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer channels, which is highly efficient for an organization of its size with annual revenues around $130,000.
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 Kennebec Valley Board Of Realtors:
- Consistent financial surpluses, indicating strong fiscal management (e.g., 2023 revenue $130,741 vs. expenses $115,570).
- Zero reported liabilities across all available filings, demonstrating excellent financial stability.
- 0% officer compensation reported, suggesting highly efficient operations and potentially volunteer leadership.
- Steady growth in assets over the past decade, from $66,021 in 2014 to $260,031 in 2023.
- High transparency with 13 years of consistent IRS 990 filings.
Frequently Asked Questions about Kennebec Valley Board Of Realtors
Is Kennebec Valley Board Of Realtors a legitimate charity?
Based on AI analysis of IRS 990 filings, Kennebec Valley Board Of Realtors (EIN: 10384454) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Kennebec Valley Board Of Realtors spend its money?
Kennebec Valley Board Of Realtors directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kennebec Valley Board Of Realtors tax-deductible?
Kennebec Valley Board Of Realtors is registered as a tax-exempt nonprofit (EIN: 10384454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kennebec Valley Board Of Realtors CEO make?
Kennebec Valley Board Of Realtors's highest-compensated officer earns $130,000. annually. The organization reported $160K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kennebec Valley Board Of Realtors's spending goes to programs?
Kennebec Valley Board Of Realtors directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kennebec Valley Board Of Realtors compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Kennebec Valley Board Of Realtors is above average for NTEE category S46 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kennebec Valley Board Of Realtors located?
Kennebec Valley Board Of Realtors is headquartered in Augusta, Maine and files with the IRS under EIN 10384454. It is classified under NTEE code S46.
How many years of IRS 990 filings does Kennebec Valley Board Of Realtors have?
Kennebec Valley Board Of Realtors 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 $160K in total revenue.
Is Kennebec Valley Board Of Realtors a good charity?
Based on its financial data, Kennebec Valley Board Of Realtors appears to be a very well-managed organization. It consistently operates with a surplus, has no reported liabilities, and reports 0% officer compensation, indicating high efficiency and responsible financial stewardship.
How has the organization's asset base grown over time?
The organization's assets have shown consistent growth, increasing from $66,021 in 2014 to $260,031 in 2023, demonstrating effective financial management and accumulation of reserves.
What is the trend in revenue and expenses?
Revenue and expenses have generally increased over the past decade. In 2023, revenue was $130,741 and expenses were $115,570, continuing a trend of revenue exceeding expenses, which contributes to asset growth.
Filing History
IRS 990 filing history for Kennebec Valley Board Of Realtors showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kennebec Valley Board Of Realtors's revenue has grown by 95.6%, moving from $67K to $131K. Total assets increased by 297% over the same period, from $65K to $260K. Total functional expenses rose by 55.4%, from $74K to $116K. In its most recent filing year (2023), Kennebec Valley Board Of Realtors reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $116K | $260K | $0 | — | View 990 |
| 2022 | $137K | $104K | $245K | $0 | — | View 990 |
| 2021 | $126K | $81K | $212K | $0 | — | View 990 |
| 2020 | $106K | $70K | $167K | $0 | — | View 990 |
| 2019 | $125K | $114K | $132K | $0 | — | View 990 |
| 2018 | $109K | $109K | $121K | $0 | — | View 990 |
| 2017 | $109K | $93K | $121K | $0 | — | View 990 |
| 2016 | $124K | $103K | $104K | $0 | — | View 990 |
| 2015 | $119K | $102K | $84K | $0 | — | View 990 |
| 2014 | $85K | $85K | $66K | $0 | — | View 990 |
| 2013 | $91K | $86K | $67K | $0 | — | View 990 |
| 2012 | $80K | $83K | $62K | $0 | — | View 990 |
| 2011 | $67K | $74K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $116K, and assets of $260K (revenue -4.7% year-over-year).
- 2022: Revenue of $137K, expenses of $104K, and assets of $245K (revenue +9.3% year-over-year).
- 2021: Revenue of $126K, expenses of $81K, and assets of $212K (revenue +18.2% year-over-year).
- 2020: Revenue of $106K, expenses of $70K, and assets of $167K (revenue -14.7% year-over-year).
- 2019: Revenue of $125K, expenses of $114K, and assets of $132K (revenue +14.6% year-over-year).
- 2018: Revenue of $109K, expenses of $109K, and assets of $121K (revenue -0.6% year-over-year).
- 2017: Revenue of $109K, expenses of $93K, and assets of $121K (revenue -11.6% year-over-year).
- 2016: Revenue of $124K, expenses of $103K, and assets of $104K (revenue +3.6% year-over-year).
- 2015: Revenue of $119K, expenses of $102K, and assets of $84K (revenue +41.4% year-over-year).
- 2014: Revenue of $85K, expenses of $85K, and assets of $66K (revenue -6.9% year-over-year).
- 2013: Revenue of $91K, expenses of $86K, and assets of $67K (revenue +13.8% year-over-year).
- 2012: Revenue of $80K, expenses of $83K, and assets of $62K (revenue +19.3% year-over-year).
- 2011: Revenue of $67K, expenses of $74K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kennebec Valley Board Of Realtors:
Data Sources and Methodology
This transparency report for Kennebec Valley Board Of Realtors 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.