Local Solutions
Local Solutions: Declining Revenue, Strong Asset Growth
EIN: 222582318 · Bar Harbor, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $11K |
| Program Spending | 70% |
| Net Assets | $165K |
| Transparency Score | 75/100 |
Search Intent Cockpit
Local Solutions Form 990, Revenue, CEO Pay, and IRS Filing Signals
Local Solutions is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Local Solutions in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $27K and expenses of $11K.
Revenue and Expenses
Local Solutions reported $27K in revenue and $11K in expenses, a surplus of $16K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Local Solutions Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $8K (70%) |
Across stored filings, Local Solutions shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade A | 9 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Bar Harbor, ME nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Some Concerns. Check deductibility, filings, and red flags.
2Understand money
70% of spending goes to programs.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
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Keep the Investigation Moving
Local Solutions directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Local Solutions
Local Solutions (EIN: 222582318) is a nonprofit organization based in Bar Harbor, ME. The organization reported total revenue of $53K and total assets of $248K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local Solutions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local Solutions is a micro nonprofit that has been operating for 36 years, with 9 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of -15.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $11K |
| Surplus / Deficit | +$16K |
| Total Assets | $165K |
| Net Assets | $165K |
| Operating Margin | 60.2% |
| Months of Reserves | 182.1 months |
Financial Health Grade: A
In 2022, Local Solutions reported a surplus of $16K with revenue exceeding expenses, holds 182.1 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2014–2022), Local Solutions's revenue has declined at a compound annual growth rate (CAGR) of -15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -16.6% | -50.5% | +11.1% |
| 2021 | -26.7% | +29.5% | +7.8% |
| 2020 | -23.2% | -67.1% | +25.2% |
| 2019 | -32.6% | -23.7% | +3.0% |
| 2018 | +49.6% | +330.0% | +26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Local Solutions with a Mission Score of 75 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, Local Solutions allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are provided in the given 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 Local Solutions's IRS 990 filings:
- Consistent decline in revenue from $86,104 in 2018 to $27,262 in 2022, raising sustainability concerns.
- Significant expense spike in 2016 ($224,670) compared to revenue ($61,930) without clear explanation.
Strengths
The following positive indicators were identified for Local Solutions:
- Strong and consistent growth in total assets from $106,645 in 2018 to $164,660 in 2022.
- Zero reported liabilities in recent years (2015-2018, 2020-2022), indicating financial stability.
- Positive net assets across all reported years.
Frequently Asked Questions about Local Solutions
Is Local Solutions a legitimate charity?
Local Solutions (EIN: 222582318) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $53K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Local Solutions spend its money?
Local Solutions directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Local Solutions tax-deductible?
Local Solutions is registered as a tax-exempt nonprofit (EIN: 222582318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Local Solutions's spending goes to programs?
Local Solutions directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Local Solutions located?
Local Solutions is headquartered in Bar Harbor, Maine and files with the IRS under EIN 222582318.
How many years of IRS 990 filings does Local Solutions have?
Local Solutions has 9 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 $53K in total revenue.
What does Local Solutions do?
Local Solutions is a nonprofit organization in the Unknown sector, located in Bar Harbor, Maine. It is classified under NTEE code Unknown.
How much revenue does Local Solutions have?
Local Solutions reported total revenue of $53,206. Based on 9 IRS 990 filings on record.
What are Local Solutions's total assets?
Local Solutions holds total assets of $247,775 as reported in IRS 990 filings.
Where is Local Solutions located?
Local Solutions is based in Bar Harbor, Maine.
What is Local Solutions's EIN?
Local Solutions's Employer Identification Number (EIN) is 222582318. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Local Solutions?
Local Solutions is classified under NTEE code Unknown (Unknown).
Is Local Solutions a registered 501(c)(3)?
Local Solutions appears in IRS records (EIN: 222582318). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Local Solutions file IRS Form 990?
Yes, Local Solutions has 9 IRS Form 990 filings on record. The most recent covers tax period 202206.
What was Local Solutions's revenue in 2022?
In the 202206 filing period, Local Solutions reported total revenue of $27,262, total expenses of $10,852, and net assets of $164,660.
Is Local Solutions's revenue growing or declining?
Local Solutions's revenue is declining. Revenue went from $32,675 (202106) to $27,262 (202206), a -16.6% change. Based on 9 filings on record.
What is Local Solutions's most recent 990 filing?
The most recent IRS Form 990 filing for Local Solutions covers tax period 202206. It shows revenue of $27,262, expenses of $10,852, total assets of $164,660, and liabilities of N/A.
How much does Local Solutions spend on programs vs administration?
Based on IRS 990 analysis, Local Solutions allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Local Solutions a trustworthy charity?
Based on AI analysis of IRS 990 data, Local Solutions appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Local Solutions?
The following concerns were identified: Consistent decline in revenue from $86,104 in 2018 to $27,262 in 2022, raising sustainability concerns.. Significant expense spike in 2016 ($224,670) compared to revenue ($61,930) without clear explanation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Local Solutions's strengths?
Positive indicators for Local Solutions include: Strong and consistent growth in total assets from $106,645 in 2018 to $164,660 in 2022.. Zero reported liabilities in recent years (2015-2018, 2020-2022), indicating financial stability.. Positive net assets across all reported years.. These findings are derived from AI analysis of the organization's financial filings.
How does Local Solutions compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are provided in the given data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Local Solutions?
• 2022 revenue of $27,262 is a significant drop from $86,104 in 2018. • Total assets have grown consistently, reaching $164,660 in 2022 from $106,645 in 2018. • No liabilities reported in 2022, indicating a healthy balance sheet. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contributed to the substantial decline in revenue from 2018 to 2022, and what strategies are in place to reverse this trend?
The data shows a consistent drop from $86,104 in 2018 to $27,262 in 2022. Without further context, it's unclear if this is due to changes in funding, program scope, or other external factors. A detailed explanation of revenue diversification and fundraising strategies would be crucial.
Given the significant expense of $224,670 in 2016 against revenue of $61,930, what was the nature of this expenditure and how was it funded?
This large expense in 2016, which far exceeded revenue, suggests a major one-time investment or operational cost. Understanding its purpose (e.g., capital improvements, new program launch) and how the deficit was covered (e.g., reserves, loans) is vital for financial transparency.
Filing History
IRS 990 filing history for Local Solutions showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), Local Solutions's revenue has declined by 73.7%, moving from $104K to $27K. Total assets increased by 20.3% over the same period, from $137K to $165K. Total functional expenses rose by 184.5%, from $4K to $11K. In its most recent filing year (2022), Local Solutions reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $27K | $11K | $165K | $0 | — | View 990 |
| 2021 | $33K | $22K | $148K | $0 | — | — |
| 2020 | $45K | $17K | $137K | $0 | — | View 990 |
| 2019 | $58K | $52K | $110K | $50 | — | View 990 |
| 2018 | $86K | $68K | $107K | $3K | — | — |
| 2017 | $58K | $16K | $85K | $0 | — | View 990 |
| 2016 | $62K | $225K | $43K | $0 | — | View 990 |
| 2015 | $77K | $8K | $206K | $0 | — | View 990 |
| 2014 | $104K | $4K | $137K | $668 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $27K, expenses of $11K, and assets of $165K (revenue -16.6% year-over-year).
- 2021: Revenue of $33K, expenses of $22K, and assets of $148K (revenue -26.7% year-over-year).
- 2020: Revenue of $45K, expenses of $17K, and assets of $137K (revenue -23.2% year-over-year).
- 2019: Revenue of $58K, expenses of $52K, and assets of $110K (revenue -32.6% year-over-year).
- 2018: Revenue of $86K, expenses of $68K, and assets of $107K (revenue +49.6% year-over-year).
- 2017: Revenue of $58K, expenses of $16K, and assets of $85K (revenue -7.1% year-over-year).
- 2016: Revenue of $62K, expenses of $225K, and assets of $43K (revenue -19.5% year-over-year).
- 2015: Revenue of $77K, expenses of $8K, and assets of $206K (revenue -25.8% year-over-year).
- 2014: Revenue of $104K, expenses of $4K, and assets of $137K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local Solutions:
Data Sources and Methodology
This transparency report for Local Solutions 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.