Kisma Preserve
Kisma Preserve faces financial challenges with consistent operating deficits and high liabilities despite increasing revenues.
EIN: 10412171 · Mount Desert, ME · NTEE: D500 · Updated: 2026-03-28
Is Kisma Preserve Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kisma Preserve directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kisma Preserve
Kisma Preserve (EIN: 10412171) is a nonprofit organization based in Mount Desert, ME, classified under NTEE code D500. The organization reported total revenue of $148K and total assets of $222K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kisma Preserve's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kisma Preserve 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: 80%
- fundraising: 5%
According to IRS 990 filings, Kisma Preserve allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is a positive sign for resource allocation and mission focus.
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 Kisma Preserve's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $20,214 deficit in 2023)
- Liabilities significantly exceed assets ($340,676 liabilities vs. $221,814 assets in 2023)
- Negative net assets, indicating a precarious financial position
Strengths
The following positive indicators were identified for Kisma Preserve:
- No officer compensation reported, suggesting volunteer leadership and direct resource allocation
- Consistent IRS 990 filing history, indicating transparency
- Revenue has shown an upward trend in the last three reported periods
Frequently Asked Questions about Kisma Preserve
Is Kisma Preserve a legitimate charity?
Based on AI analysis of IRS 990 filings, Kisma Preserve (EIN: 10412171) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Kisma Preserve spend its money?
Kisma Preserve directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kisma Preserve tax-deductible?
Kisma Preserve is registered as a tax-exempt nonprofit (EIN: 10412171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Kisma Preserve a good charity?
Kisma Preserve exhibits dedication to its mission, evidenced by 0% officer compensation and consistent program spending. However, its financial sustainability is a concern due to recurring operating deficits and liabilities significantly exceeding assets, which could impact long-term program delivery.
What are the primary financial risks for Kisma Preserve?
The primary financial risks are the consistent operating deficits, where expenses have exceeded revenue in recent years (e.g., $182,526 expenses vs. $162,312 revenue in 2023), and the high liabilities relative to assets ($340,676 liabilities vs. $221,814 assets in 2023), indicating potential solvency issues.
How has Kisma Preserve's revenue trended over time?
Kisma Preserve's revenue has shown an upward trend in recent years, increasing from $110,192 in 2021 to $162,312 in 2023, though it has fluctuated historically.
Filing History
IRS 990 filing history for Kisma Preserve showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Kisma Preserve's revenue has grown by 69.1%, moving from $96K to $162K. Total assets decreased by 30.8% over the same period, from $320K to $222K. Total functional expenses rose by 24.8%, from $146K to $183K. In its most recent filing year (2023), Kisma Preserve reported a deficit of $20K, with expenses exceeding revenue. The organization holds $341K in liabilities against $222K in assets (debt-to-asset ratio: 153.6%), resulting in net assets of $-118,862.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $162K | $183K | $222K | $341K | — | View 990 |
| 2022 | $171K | $176K | $227K | $326K | — | View 990 |
| 2021 | $110K | $151K | $237K | $331K | — | — |
| 2020 | $114K | $113K | $223K | $281K | — | View 990 |
| 2019 | $114K | $113K | $223K | $281K | — | View 990 |
| 2017 | $88K | $87K | $222K | $283K | — | View 990 |
| 2016 | $106K | $105K | $214K | $275K | — | View 990 |
| 2015 | $92K | $98K | $214K | $275K | — | View 990 |
| 2014 | $44K | $101K | $215K | $270K | — | View 990 |
| 2013 | $95K | $114K | $320K | $318K | — | View 990 |
| 2012 | $96K | $146K | $320K | $300K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $162K, expenses of $183K, and assets of $222K (revenue -5.2% year-over-year).
- 2022: Revenue of $171K, expenses of $176K, and assets of $227K (revenue +55.4% year-over-year).
- 2021: Revenue of $110K, expenses of $151K, and assets of $237K (revenue -3.3% year-over-year).
- 2020: Revenue of $114K, expenses of $113K, and assets of $223K (revenue +0.0% year-over-year).
- 2019: Revenue of $114K, expenses of $113K, and assets of $223K (revenue +29.8% year-over-year).
- 2017: Revenue of $88K, expenses of $87K, and assets of $222K (revenue -16.9% year-over-year).
- 2016: Revenue of $106K, expenses of $105K, and assets of $214K (revenue +15.3% year-over-year).
- 2015: Revenue of $92K, expenses of $98K, and assets of $214K (revenue +110.6% year-over-year).
- 2014: Revenue of $44K, expenses of $101K, and assets of $215K (revenue -54.4% year-over-year).
- 2013: Revenue of $95K, expenses of $114K, and assets of $320K (revenue -0.6% year-over-year).
- 2012: Revenue of $96K, expenses of $146K, and assets of $320K.
Data Sources and Methodology
This transparency report for Kisma Preserve 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.