Kennebec Valley Organization
Kennebec Valley Organization faces significant financial challenges with recent expenses far exceeding minimal revenue.
EIN: 201283854 · South China, ME · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $14K |
| Program Spending | 70% |
| Net Assets | $26K |
| Transparency Score | 55/100 |
Is Kennebec Valley Organization Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kennebec Valley Organization directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Kennebec Valley Organization
Kennebec Valley Organization (EIN: 201283854) is a nonprofit organization based in South China, ME, classified under NTEE code S20. The organization reported total revenue of $1K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kennebec Valley Organization's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kennebec Valley Organization is a micro nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of -36.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $14K |
| Surplus / Deficit | $-13,012 |
| Total Assets | $28K |
| Total Liabilities | $1K |
| Net Assets | $26K |
| Operating Margin | -1155.6% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 23.6 months |
Financial Health Grade: B
In 2021, Kennebec Valley Organization reported a deficit of $13K with expenses exceeding revenue, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2021), Kennebec Valley Organization's revenue has declined at a compound annual growth rate (CAGR) of -36.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -96.4% | -12.9% | -31.9% |
| 2020 | -57.5% | -64.4% | +57.6% |
| 2019 | -3.6% | -48.8% | +96.2% |
| 2018 | +20.8% | +31.3% | +17.5% |
| 2017 | +18.5% | +41.3% | -42.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Organization with a Mission Score of 55 out of 100 (Fair). 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, Kennebec Valley Organization allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is likely volunteer-based, which is commendable for a small nonprofit.
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 Kennebec Valley Organization's IRS 990 filings:
- Significant operational deficit in 2021 ($1,126 revenue vs. $14,138 expenses).
- Highly volatile revenue streams over the past few years (e.g., $73,236 in 2019 vs. $1,126 in 2021).
- Expenses frequently exceed revenue, indicating potential financial instability.
Strengths
The following positive indicators were identified for Kennebec Valley Organization:
- Consistent 0% officer compensation, indicating volunteer leadership and low overhead in this area.
- Regular filing of IRS 990 forms, demonstrating transparency.
- Maintained positive net assets despite operational deficits in some years.
Frequently Asked Questions about Kennebec Valley Organization
Is Kennebec Valley Organization a legitimate charity?
Based on AI analysis of IRS 990 filings, Kennebec Valley Organization (EIN: 201283854) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
How does Kennebec Valley Organization spend its money?
Kennebec Valley Organization directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kennebec Valley Organization tax-deductible?
Kennebec Valley Organization is registered as a tax-exempt nonprofit (EIN: 201283854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kennebec Valley Organization's spending goes to programs?
Kennebec Valley Organization directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Kennebec Valley Organization compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Kennebec Valley Organization is near average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kennebec Valley Organization located?
Kennebec Valley Organization is headquartered in South China, Maine and files with the IRS under EIN 201283854. It is classified under NTEE code S20.
How many years of IRS 990 filings does Kennebec Valley Organization have?
Kennebec Valley Organization has 9 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 $1K in total revenue.
How does Kennebec Valley Organization cover its operational deficits, especially the $13,012 deficit in 202112?
The organization likely covers its deficits by drawing down on its assets or through prior year surpluses, as evidenced by the decrease in assets from $40,825 in 202012 to $27,813 in 202112.
What is the primary source of funding for Kennebec Valley Organization, given its fluctuating revenue?
The 990 data alone does not specify the primary source of funding, but the significant fluctuations (e.g., $73,236 in 201912 vs. $1,126 in 202112) suggest reliance on grants, specific fundraising events, or donations that vary year-to-year.
Is the organization at risk of insolvency given its low revenue and high expenses in 2021?
With revenue of $1,126 and expenses of $14,138 in 2021, the organization is operating at a significant loss. While it still holds $27,813 in assets, continued operation at this deficit level would quickly deplete its reserves, posing a risk to its long-term viability.
Filing History
IRS 990 filing history for Kennebec Valley Organization showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2021), Kennebec Valley Organization's revenue has declined by 98.4%, moving from $71K to $1K. Total assets increased by 497.2% over the same period, from $5K to $28K. Total functional expenses fell by 81.6%, from $77K to $14K. In its most recent filing year (2021), Kennebec Valley Organization reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1K in liabilities against $28K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1K | $14K | $28K | $1K | — | — |
| 2020 | $31K | $16K | $41K | $1K | — | View 990 |
| 2019 | $73K | $46K | $26K | $1K | — | View 990 |
| 2018 | $76K | $89K | $13K | $16K | — | View 990 |
| 2017 | $63K | $68K | $11K | $1K | — | — |
| 2015 | $53K | $48K | $19K | $3K | — | View 990 |
| 2014 | $26K | $16K | $13K | $1K | — | View 990 |
| 2013 | $63K | $63K | $4K | $2K | — | View 990 |
| 2012 | $71K | $77K | $5K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1K, expenses of $14K, and assets of $28K (revenue -96.4% year-over-year).
- 2020: Revenue of $31K, expenses of $16K, and assets of $41K (revenue -57.5% year-over-year).
- 2019: Revenue of $73K, expenses of $46K, and assets of $26K (revenue -3.6% year-over-year).
- 2018: Revenue of $76K, expenses of $89K, and assets of $13K (revenue +20.8% year-over-year).
- 2017: Revenue of $63K, expenses of $68K, and assets of $11K (revenue +18.5% year-over-year).
- 2015: Revenue of $53K, expenses of $48K, and assets of $19K (revenue +102.4% year-over-year).
- 2014: Revenue of $26K, expenses of $16K, and assets of $13K (revenue -58.7% year-over-year).
- 2013: Revenue of $63K, expenses of $63K, and assets of $4K (revenue -11.0% year-over-year).
- 2012: Revenue of $71K, expenses of $77K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kennebec Valley Organization:
Data Sources and Methodology
This transparency report for Kennebec Valley Organization 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.