Kora Temple Association
Kora Temple Association: Consistent Spending, Modest Revenue Growth
EIN: 222519790 · Lewiston, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $171K |
| Total Expenses | $54K |
| Program Spending | 60% |
| Net Assets | $1.4M |
| Transparency Score | 65/100 |
Is Kora Temple Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kora Temple Association directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Kora Temple Association
Kora Temple Association (EIN: 222519790) is a nonprofit organization based in Lewiston, ME. The organization reported total revenue of $171K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kora Temple Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kora Temple Association is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 42.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $54K |
| Surplus / Deficit | +$18K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 25.2% |
| Months of Reserves | 310.4 months |
Financial Health Grade: A
In 2023, Kora Temple Association reported a surplus of $18K with revenue exceeding expenses, holds 310.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kora Temple Association's revenue has grown at a compound annual growth rate (CAGR) of 42.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.8% | +40.5% | +6.3% |
| 2022 | -69.9% | +7.7% | +0.8% |
| 2021 | +102.6% | -2.3% | +4.5% |
| 2020 | +101.3% | +1.9% | +4.6% |
| 2019 | -44.7% | +5.3% | +3.0% |
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 Kora Temple Association 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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Kora Temple Association allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as 'c0%' consistently appears for compensation, suggesting either no reported compensation or it's bundled within other expenses.
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 Kora Temple Association's IRS 990 filings:
- Lack of detailed program expense breakdown makes it difficult to assess the true impact of program spending.
- The consistent 'c0%' for compensation across all years raises questions about how executive compensation, if any, is reported or if it's entirely volunteer-run at the executive level.
Strengths
The following positive indicators were identified for Kora Temple Association:
- Consistent asset growth over the years, from $1,158,998 in 2018 to $1,397,727 in 2023, indicates financial stability.
- Low liability figures across all years suggest a healthy balance sheet and minimal debt burden.
- Revenue has shown growth, particularly from $30,644 in 2019 to $72,227 in 2023, demonstrating increasing financial support.
Frequently Asked Questions about Kora Temple Association
Is Kora Temple Association a legitimate charity?
Kora Temple Association (EIN: 222519790) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $171K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Kora Temple Association spend its money?
Kora Temple Association directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Kora Temple Association tax-deductible?
Kora Temple Association is registered as a tax-exempt nonprofit (EIN: 222519790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kora Temple Association's spending goes to programs?
Kora Temple Association directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Kora Temple Association located?
Kora Temple Association is headquartered in Lewiston, Maine and files with the IRS under EIN 222519790.
How many years of IRS 990 filings does Kora Temple Association have?
Kora Temple Association 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 $171K in total revenue.
What does Kora Temple Association do?
Kora Temple Association is a nonprofit organization in the Unknown sector, located in Lewiston, Maine. It is classified under NTEE code Unknown.
How much revenue does Kora Temple Association have?
Kora Temple Association reported total revenue of $171,053. Based on 13 IRS 990 filings on record.
What are Kora Temple Association's total assets?
Kora Temple Association holds total assets of $1,432,390 as reported in IRS 990 filings.
Where is Kora Temple Association located?
Kora Temple Association is based in Lewiston, Maine.
What is Kora Temple Association's EIN?
Kora Temple Association's Employer Identification Number (EIN) is 222519790. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Kora Temple Association?
Kora Temple Association is classified under NTEE code Unknown (Unknown).
Is Kora Temple Association a registered 501(c)(3)?
Kora Temple Association appears in IRS records (EIN: 222519790). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Kora Temple Association file IRS Form 990?
Yes, Kora Temple Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Kora Temple Association's revenue in 2023?
In the 202312 filing period, Kora Temple Association reported total revenue of $72,227, total expenses of $54,039, and net assets of $1,397,727.
Is Kora Temple Association's revenue growing or declining?
Kora Temple Association's revenue is growing. Revenue went from $37,651 (202212) to $72,227 (202312), a +91.8% change. Based on 13 filings on record.
What is Kora Temple Association's most recent 990 filing?
The most recent IRS Form 990 filing for Kora Temple Association covers tax period 202312. It shows revenue of $72,227, expenses of $54,039, total assets of $1,397,727, and liabilities of N/A.
How much does Kora Temple Association spend on programs vs administration?
Based on IRS 990 analysis, Kora Temple Association allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Kora Temple Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Kora Temple Association shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Kora Temple Association?
The following concerns were identified: Lack of detailed program expense breakdown makes it difficult to assess the true impact of program spending.. The consistent 'c0%' for compensation across all years raises questions about how executive compensation, if any, is reported or if it's entirely volunteer-run at the executive level.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Kora Temple Association's strengths?
Positive indicators for Kora Temple Association include: Consistent asset growth over the years, from $1,158,998 in 2018 to $1,397,727 in 2023, indicates financial stability.. Low liability figures across all years suggest a healthy balance sheet and minimal debt burden.. Revenue has shown growth, particularly from $30,644 in 2019 to $72,227 in 2023, demonstrating increasing financial support.. These findings are derived from AI analysis of the organization's financial filings.
How does Kora Temple Association compensate executives?
Executive compensation is not explicitly detailed in the provided data, as 'c0%' consistently appears for compensation, suggesting either no reported compensation or it's bundled within other expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' for compensation, how does Kora Temple Association manage its leadership and operational oversight without reported executive compensation?
The consistent reporting of 'c0%' for compensation suggests that the organization may be primarily run by volunteers, or executive compensation is reported under a different expense category not explicitly detailed as 'compensation' in the provided data. Further investigation into their IRS Form 990 would be necessary to clarify this.
What specific programs or initiatives are supported by the Kora Temple Association, and how is their impact measured, given the lack of detailed program expense breakdowns?
The provided data does not offer specific details on programs or their impact. To understand this, one would need to review their mission statement, annual reports, or IRS Form 990, which typically include descriptions of program service accomplishments and related expenses.
Filing History
IRS 990 filing history for Kora Temple Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kora Temple Association's revenue has grown by 6805.1%, moving from $1K to $72K. Total assets increased by 98.4% over the same period, from $704K to $1.4M. Total functional expenses rose by 74.1%, from $31K to $54K. In its most recent filing year (2023), Kora Temple Association reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $54K | $1.4M | $0 | — | — |
| 2022 | $38K | $38K | $1.3M | $12K | — | View 990 |
| 2021 | $125K | $36K | $1.3M | $0 | — | — |
| 2020 | $62K | $37K | $1.2M | $0 | — | — |
| 2019 | $31K | $36K | $1.2M | $0 | — | View 990 |
| 2018 | $55K | $34K | $1.2M | $0 | — | View 990 |
| 2017 | $119K | $36K | $1.2M | $41K | — | View 990 |
| 2016 | $38K | $40K | $1.1M | $81K | — | View 990 |
| 2015 | $21K | $42K | $1.1M | $191K | — | View 990 |
| 2014 | $40K | $31K | $1.1M | $232K | — | View 990 |
| 2013 | $29K | $23K | $854K | $0 | — | View 990 |
| 2012 | $2K | $28K | $695K | $0 | — | View 990 |
| 2011 | $1K | $31K | $704K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $54K, and assets of $1.4M (revenue +91.8% year-over-year).
- 2022: Revenue of $38K, expenses of $38K, and assets of $1.3M (revenue -69.9% year-over-year).
- 2021: Revenue of $125K, expenses of $36K, and assets of $1.3M (revenue +102.6% year-over-year).
- 2020: Revenue of $62K, expenses of $37K, and assets of $1.2M (revenue +101.3% year-over-year).
- 2019: Revenue of $31K, expenses of $36K, and assets of $1.2M (revenue -44.7% year-over-year).
- 2018: Revenue of $55K, expenses of $34K, and assets of $1.2M (revenue -53.3% year-over-year).
- 2017: Revenue of $119K, expenses of $36K, and assets of $1.2M (revenue +210.1% year-over-year).
- 2016: Revenue of $38K, expenses of $40K, and assets of $1.1M (revenue +80.4% year-over-year).
- 2015: Revenue of $21K, expenses of $42K, and assets of $1.1M (revenue -47.5% year-over-year).
- 2014: Revenue of $40K, expenses of $31K, and assets of $1.1M (revenue +41.8% year-over-year).
- 2013: Revenue of $29K, expenses of $23K, and assets of $854K (revenue +1119.9% year-over-year).
- 2012: Revenue of $2K, expenses of $28K, and assets of $695K (revenue +123.4% year-over-year).
- 2011: Revenue of $1K, expenses of $31K, and assets of $704K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kora Temple Association:
Data Sources and Methodology
This transparency report for Kora Temple Association 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.