Linneus Sno Sports Inc
Linneus Sno Sports Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 10389872 · Linneus, ME · NTEE: N32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $102K |
| Program Spending | 90% |
| Net Assets | $343K |
| Transparency Score | 92/100 |
Is Linneus Sno Sports Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Linneus Sno Sports Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Linneus Sno Sports Inc
Linneus Sno Sports Inc (EIN: 10389872) is a nonprofit organization based in Linneus, ME, classified under NTEE code N32. The organization reported total revenue of $122K and total assets of $585K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Linneus Sno Sports Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Linneus Sno Sports Inc is a small nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $102K |
| Surplus / Deficit | +$41K |
| Total Assets | $396K |
| Total Liabilities | $53K |
| Net Assets | $343K |
| Operating Margin | 28.9% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 46.8 months |
Financial Health Grade: A
In 2023, Linneus Sno Sports Inc reported a surplus of $41K with revenue exceeding expenses, holds 46.8 months of operating reserves (strong position), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Linneus Sno Sports Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | +1.7% | +6.5% |
| 2022 | +56.0% | +15.0% | +7.0% |
| 2021 | +17.6% | -0.8% | -2.1% |
| 2020 | -19.0% | -21.5% | +30.2% |
| 2019 | +54.4% | +76.5% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2007 |
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 Linneus Sno Sports Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Linneus Sno Sports Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.5%.
Executive Compensation Analysis
Linneus Sno Sports Inc reports 0% officer compensation across all seven filing periods, indicating that its leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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.
Strengths
The following positive indicators were identified for Linneus Sno Sports Inc:
- Consistent revenue exceeding expenses, leading to surpluses (e.g., $41,398 in 2023).
- Significant growth in assets, from $173,541 in 2017 to $396,150 in 2023.
- Decreasing liabilities, improving financial health (from $136,938 in 2018 to $53,318 in 2023).
- 0% officer compensation reported across all filing periods, indicating high operational efficiency.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Linneus Sno Sports Inc
Is Linneus Sno Sports Inc a legitimate charity?
Linneus Sno Sports Inc (EIN: 10389872) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 7 years of IRS 990 filings on record. Total revenue: $122K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Linneus Sno Sports Inc spend its money?
Linneus Sno Sports Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Linneus Sno Sports Inc tax-deductible?
Linneus Sno Sports Inc is registered as a tax-exempt nonprofit (EIN: 10389872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Linneus Sno Sports Inc's spending goes to programs?
Linneus Sno Sports Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Linneus Sno Sports Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Linneus Sno Sports Inc is above average for NTEE category N32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Linneus Sno Sports Inc located?
Linneus Sno Sports Inc is headquartered in Linneus, Maine and files with the IRS under EIN 10389872. It is classified under NTEE code N32.
How many years of IRS 990 filings does Linneus Sno Sports Inc have?
Linneus Sno Sports Inc has 7 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 $122K in total revenue.
Is Linneus Sno Sports Inc a good charity?
Based on the provided data, Linneus Sno Sports Inc appears to be a very good charity. It consistently operates with a surplus, has growing assets, decreasing liabilities, and reports no officer compensation, suggesting high efficiency and dedication to its mission.
How has Linneus Sno Sports Inc's financial stability changed over time?
The organization's financial stability has significantly improved. Assets have more than doubled from $173,541 in 2017 to $396,150 in 2023, while liabilities have decreased from $136,938 in 2018 to $53,318 in 2023, indicating a stronger financial position.
What is the trend in Linneus Sno Sports Inc's revenue and expenses?
Revenue has generally trended upwards, with the latest reported revenue at $143,051 in 2023, up from $61,741 in 2018. Expenses have also increased but at a slower rate, leading to consistent surpluses in recent years, such as $41,398 in 2023 ($143,051 revenue - $101,653 expenses).
Filing History
IRS 990 filing history for Linneus Sno Sports Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Linneus Sno Sports Inc's revenue has declined by 1.6%, moving from $145K to $143K. Total assets increased by 128.3% over the same period, from $174K to $396K. Total functional expenses fell by 13.5%, from $118K to $102K. In its most recent filing year (2023), Linneus Sno Sports Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $53K in liabilities against $396K in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $343K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $143K | $102K | $396K | $53K | — | — |
| 2022 | $142K | $100K | $372K | $71K | — | View 990 |
| 2021 | $91K | $87K | $348K | $88K | — | — |
| 2020 | $77K | $88K | $355K | $104K | — | View 990 |
| 2019 | $95K | $112K | $273K | $121K | — | View 990 |
| 2018 | $62K | $63K | $305K | $137K | — | View 990 |
| 2017 | $145K | $118K | $174K | $4K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $143K, expenses of $102K, and assets of $396K (revenue +0.9% year-over-year).
- 2022: Revenue of $142K, expenses of $100K, and assets of $372K (revenue +56.0% year-over-year).
- 2021: Revenue of $91K, expenses of $87K, and assets of $348K (revenue +17.6% year-over-year).
- 2020: Revenue of $77K, expenses of $88K, and assets of $355K (revenue -19.0% year-over-year).
- 2019: Revenue of $95K, expenses of $112K, and assets of $273K (revenue +54.4% year-over-year).
- 2018: Revenue of $62K, expenses of $63K, and assets of $305K (revenue -57.5% year-over-year).
- 2017: Revenue of $145K, expenses of $118K, and assets of $174K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Linneus Sno Sports Inc:
Data Sources and Methodology
This transparency report for Linneus Sno Sports 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.