Kennebunk Kennebunkport Alumni Assoc Scholarship Fund
Kennebunk Alumni Scholarship Fund: Low Revenue, High Expenses Raise Questions
EIN: 222538921 · Kennebunk, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $15K |
| Program Spending | 70% |
| Net Assets | $82K |
| Transparency Score | 65/100 |
Is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Kennebunk Kennebunkport Alumni Assoc Scholarship Fund
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund (EIN: 222538921) is a nonprofit organization based in Kennebunk, ME. 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 Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund is a micro nonprofit that has been operating for 42 years.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $15K |
| Surplus / Deficit | $-508 |
| Total Assets | $82K |
| Net Assets | $82K |
| Operating Margin | -3.6% |
| Months of Reserves | 67.8 months |
Financial Health Grade: B
In 2013, Kennebunk Kennebunkport Alumni Assoc Scholarship Fund reported a deficit of $508 with expenses exceeding revenue, holds 67.8 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Kennebunk Kennebunkport Alumni Assoc Scholarship Fund 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Kennebunk Kennebunkport Alumni Assoc Scholarship Fund allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $508, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific figures are reported in the provided data.
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 Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's IRS 990 filings:
- Zero reported revenue and assets in the latest filing, despite reported expenses of $14,599.
- Discrepancy between reported expenses and zero revenue/assets suggests potential financial instability or incomplete reporting.
- Lack of information on how the $14,599 in expenses was funded without reported revenue.
Strengths
The following positive indicators were identified for Kennebunk Kennebunkport Alumni Assoc Scholarship Fund:
- Focus on local community support through scholarships.
Frequently Asked Questions about Kennebunk Kennebunkport Alumni Assoc Scholarship Fund
Is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund a legitimate charity?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund (EIN: 222538921) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Kennebunk Kennebunkport Alumni Assoc Scholarship Fund spend its money?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Kennebunk Kennebunkport Alumni Assoc Scholarship Fund tax-deductible?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 222538921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's spending goes to programs?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund located?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund is headquartered in Kennebunk, Maine and files with the IRS under EIN 222538921.
What does Kennebunk Kennebunkport Alumni Assoc Scholarship Fund do?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund is a nonprofit organization in the Unknown sector, located in Kennebunk, Maine. It is classified under NTEE code Unknown.
How much revenue does Kennebunk Kennebunkport Alumni Assoc Scholarship Fund have?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund reported total revenue of N/A. Based on 1 IRS 990 filing on record.
What are Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's total assets?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund holds total assets of N/A as reported in IRS 990 filings.
Where is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund located?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund is based in Kennebunk, Maine.
What is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's EIN?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's Employer Identification Number (EIN) is 222538921. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund is classified under NTEE code Unknown (Unknown).
Is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund a registered 501(c)(3)?
Kennebunk Kennebunkport Alumni Assoc Scholarship Fund appears in IRS records (EIN: 222538921). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Kennebunk Kennebunkport Alumni Assoc Scholarship Fund file IRS Form 990?
Yes, Kennebunk Kennebunkport Alumni Assoc Scholarship Fund has 1 IRS Form 990 filing on record. The most recent covers tax period 201306.
What was Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's revenue in 2013?
In the 201306 filing period, Kennebunk Kennebunkport Alumni Assoc Scholarship Fund reported total revenue of $14,091, total expenses of $14,599, and net assets of $82,478.
What is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Kennebunk Kennebunkport Alumni Assoc Scholarship Fund covers tax period 201306. It shows revenue of $14,091, expenses of $14,599, total assets of $82,478, and liabilities of N/A.
How much does Kennebunk Kennebunkport Alumni Assoc Scholarship Fund spend on programs vs administration?
Based on IRS 990 analysis, Kennebunk Kennebunkport Alumni Assoc Scholarship Fund allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Kennebunk Kennebunkport Alumni Assoc Scholarship Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Kennebunk Kennebunkport Alumni Assoc Scholarship Fund shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 1 strength noted.
What are the red flags for Kennebunk Kennebunkport Alumni Assoc Scholarship Fund?
The following concerns were identified: Zero reported revenue and assets in the latest filing, despite reported expenses of $14,599.. Discrepancy between reported expenses and zero revenue/assets suggests potential financial instability or incomplete reporting.. Lack of information on how the $14,599 in expenses was funded without reported revenue.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Kennebunk Kennebunkport Alumni Assoc Scholarship Fund's strengths?
Positive indicators for Kennebunk Kennebunkport Alumni Assoc Scholarship Fund include: Focus on local community support through scholarships.. These findings are derived from AI analysis of the organization's financial filings.
How does Kennebunk Kennebunkport Alumni Assoc Scholarship Fund compensate executives?
Executive compensation cannot be assessed as no specific figures are reported in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations and fund scholarships with zero reported revenue and assets?
The provided data for 201306 shows $0 in revenue and $0 in assets, yet $14,599 in expenses. This suggests either significant reliance on unrecorded donations, a substantial deficit, or incomplete financial reporting. Further investigation into their funding model is critical.
Filing History
IRS 990 filing history for Kennebunk Kennebunkport Alumni Assoc Scholarship Fund showing financial trends over 1 year of public records:
In its most recent filing year (2013), Kennebunk Kennebunkport Alumni Assoc Scholarship Fund reported a deficit of $508, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $14K | $15K | $82K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kennebunk Kennebunkport Alumni Assoc Scholarship Fund:
Data Sources and Methodology
This transparency report for Kennebunk Kennebunkport Alumni Assoc Scholarship Fund 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.