Le Passe Temps Inc
Le Passe Temps Inc maintains strong financial health with consistent asset growth and zero liabilities.
EIN: 10135937 · Lewiston, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $423K |
| Total Expenses | $269K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $646K |
| Transparency Score | 88/100 |
Is Le Passe Temps Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Le Passe Temps Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Le Passe Temps Inc
Le Passe Temps Inc (EIN: 10135937) is a nonprofit organization based in Lewiston, ME. The organization reported total revenue of $423K and total assets of $667K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Le Passe Temps Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Le Passe Temps Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $315K |
| Total Expenses | $269K |
| Surplus / Deficit | +$46K |
| Total Assets | $646K |
| Net Assets | $646K |
| Operating Margin | 14.7% |
| Months of Reserves | 28.8 months |
Financial Health Grade: A
In 2023, Le Passe Temps Inc reported a surplus of $46K with revenue exceeding expenses, holds 28.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Le Passe Temps Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | -12.5% | +7.7% |
| 2022 | -17.3% | +9.7% | -3.0% |
| 2021 | +46.3% | +16.8% | +12.5% |
| 2020 | -28.9% | -16.1% | -0.2% |
| 2019 | -1.8% | +2.0% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Le Passe Temps Inc with a Mission Score of 88 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, Le Passe Temps Inc 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 $46K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with annual revenues exceeding $200,000 and suggests a very lean administrative overhead.
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 Le Passe Temps Inc's IRS 990 filings:
- NTEE Code Unknown (limits understanding of mission alignment)
Strengths
The following positive indicators were identified for Le Passe Temps Inc:
- Consistent asset growth (from $441,982 in 2014 to $646,024 in 2023)
- Zero liabilities across all reported periods
- No reported officer compensation (suggests high efficiency/volunteer leadership)
- Consistent IRS 990 filing history (13 filings)
- Generally operates with a surplus or near break-even
Frequently Asked Questions about Le Passe Temps Inc
Is Le Passe Temps Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Le Passe Temps Inc (EIN: 10135937) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Le Passe Temps Inc spend its money?
Le Passe Temps Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Le Passe Temps Inc tax-deductible?
Le Passe Temps Inc is registered as a tax-exempt nonprofit (EIN: 10135937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Le Passe Temps Inc CEO make?
Le Passe Temps Inc's highest-compensated officer earns $200,000 annually. The organization reported $423K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Le Passe Temps Inc's spending goes to programs?
Le Passe Temps Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Le Passe Temps Inc located?
Le Passe Temps Inc is headquartered in Lewiston, Maine and files with the IRS under EIN 10135937.
How many years of IRS 990 filings does Le Passe Temps Inc have?
Le Passe Temps Inc 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 $423K in total revenue.
Is Le Passe Temps Inc financially stable?
Yes, Le Passe Temps Inc appears financially stable. It has consistently maintained zero liabilities across all 13 reported periods and has shown consistent asset growth from $441,982 in 2014 to $646,024 in 2023, indicating strong financial management.
Does Le Passe Temps Inc pay its officers?
No, the IRS 990 filings for Le Passe Temps Inc consistently report 0% for officer compensation across all available periods, suggesting that officers are not compensated directly by the organization.
How has Le Passe Temps Inc's revenue trended?
Le Passe Temps Inc's revenue has fluctuated but generally remained stable, ranging from a low of $238,689 in 2020 to a high of $349,133 in 2021, with the latest reported revenue at $315,329 in 2023.
Are Le Passe Temps Inc's assets growing?
Yes, Le Passe Temps Inc's assets have shown consistent growth, increasing from $441,982 in 2014 to $646,024 in 2023, demonstrating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Le Passe Temps Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Le Passe Temps Inc's revenue has grown by 14.1%, moving from $276K to $315K. Total assets increased by 43% over the same period, from $452K to $646K. Total functional expenses fell by 8.8%, from $295K to $269K. In its most recent filing year (2023), Le Passe Temps Inc reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $315K | $269K | $646K | $0 | — | View 990 |
| 2022 | $289K | $307K | $600K | $0 | — | View 990 |
| 2021 | $349K | $280K | $618K | $0 | — | — |
| 2020 | $239K | $240K | $549K | $0 | — | — |
| 2019 | $336K | $286K | $551K | $0 | — | View 990 |
| 2018 | $342K | $281K | $501K | $0 | — | View 990 |
| 2017 | $268K | $255K | $439K | $0 | — | View 990 |
| 2016 | $252K | $270K | $426K | $0 | — | View 990 |
| 2015 | $275K | $292K | $438K | $0 | — | View 990 |
| 2014 | $249K | $240K | $442K | $0 | — | View 990 |
| 2013 | $223K | $249K | $445K | $0 | — | View 990 |
| 2012 | $281K | $259K | $465K | $0 | — | View 990 |
| 2011 | $276K | $295K | $452K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $315K, expenses of $269K, and assets of $646K (revenue +9.2% year-over-year).
- 2022: Revenue of $289K, expenses of $307K, and assets of $600K (revenue -17.3% year-over-year).
- 2021: Revenue of $349K, expenses of $280K, and assets of $618K (revenue +46.3% year-over-year).
- 2020: Revenue of $239K, expenses of $240K, and assets of $549K (revenue -28.9% year-over-year).
- 2019: Revenue of $336K, expenses of $286K, and assets of $551K (revenue -1.8% year-over-year).
- 2018: Revenue of $342K, expenses of $281K, and assets of $501K (revenue +27.8% year-over-year).
- 2017: Revenue of $268K, expenses of $255K, and assets of $439K (revenue +6.2% year-over-year).
- 2016: Revenue of $252K, expenses of $270K, and assets of $426K (revenue -8.5% year-over-year).
- 2015: Revenue of $275K, expenses of $292K, and assets of $438K (revenue +10.6% year-over-year).
- 2014: Revenue of $249K, expenses of $240K, and assets of $442K (revenue +11.7% year-over-year).
- 2013: Revenue of $223K, expenses of $249K, and assets of $445K (revenue -20.8% year-over-year).
- 2012: Revenue of $281K, expenses of $259K, and assets of $465K (revenue +1.8% year-over-year).
- 2011: Revenue of $276K, expenses of $295K, and assets of $452K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Le Passe Temps Inc:
Data Sources and Methodology
This transparency report for Le Passe Temps Inc 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.