Logan P Graves Foundation
Logan P Graves Foundation shows consistent asset growth and zero executive compensation over a decade.
EIN: 10533441 · Presque Isle, ME · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $7K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $160,338. |
| Net Assets | $160K |
| Transparency Score | 95/100 |
Is Logan P Graves Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Logan P Graves Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Logan P Graves Foundation
Logan P Graves Foundation (EIN: 10533441) is a nonprofit organization based in Presque Isle, ME, classified under NTEE code T22. The organization reported total revenue of $9K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Logan P Graves Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Logan P Graves Foundation is a micro nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $7K |
| Surplus / Deficit | +$24K |
| Total Assets | $160K |
| Total Liabilities | $1 |
| Net Assets | $160K |
| Operating Margin | 76.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 266.6 months |
Financial Health Grade: A
In 2023, Logan P Graves Foundation reported a surplus of $24K with revenue exceeding expenses, holds 266.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Logan P Graves Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +159.4% | -47.1% | +12.7% |
| 2022 | -37.2% | +171.6% | -16.9% |
| 2021 | -9.3% | -24.9% | +15.7% |
| 2020 | +168.3% | -43.1% | +16.4% |
| 2019 | -62.0% | +0.4% | +26.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Logan P Graves Foundation with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Logan P Graves Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization is likely run by volunteers, which is highly efficient for an organization of its size with assets growing to $160,338.
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 Logan P Graves Foundation:
- Consistent asset growth from $87,467 to $160,338 over a decade.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Very low liabilities ($1) consistently reported, showing strong financial health.
- Positive revenue-to-expense ratio in most years, contributing to asset accumulation (e.g., $31,224 revenue vs. $7,216 expenses in 2023).
- Strong transparency with 10 IRS 990 filings available.
Frequently Asked Questions about Logan P Graves Foundation
Is Logan P Graves Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Logan P Graves Foundation (EIN: 10533441) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Logan P Graves Foundation spend its money?
Logan P Graves Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Logan P Graves Foundation tax-deductible?
Logan P Graves Foundation is registered as a tax-exempt nonprofit (EIN: 10533441). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Logan P Graves Foundation CEO make?
Logan P Graves Foundation's highest-compensated officer earns $160,338. annually. The organization reported $9K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Logan P Graves Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Logan P Graves Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Logan P Graves Foundation located?
Logan P Graves Foundation is headquartered in Presque Isle, Maine and files with the IRS under EIN 10533441. It is classified under NTEE code T22.
How many years of IRS 990 filings does Logan P Graves Foundation have?
Logan P Graves Foundation has 10 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 $9K in total revenue.
Is the Logan P Graves Foundation financially stable?
Yes, the foundation appears financially stable, with assets growing from $87,467 in 2011 to $160,338 in 2023, and consistently low liabilities of $1.
How efficiently does the Logan P Graves Foundation use its funds?
The foundation appears highly efficient, consistently reporting 0% officer compensation and maintaining low expenses relative to revenue in most years, such as $7,216 in expenses against $31,224 in revenue in 2023.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, increasing from $87,467 in 2011 to $160,338 in 2023, indicating successful financial management and growth.
Filing History
IRS 990 filing history for Logan P Graves Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Logan P Graves Foundation's revenue has declined by 46.7%, moving from $59K to $31K. Total assets increased by 83.3% over the same period, from $87K to $160K. Total functional expenses fell by 87.9%, from $59K to $7K. In its most recent filing year (2023), Logan P Graves Foundation reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1 in liabilities against $160K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $160K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $7K | $160K | $1 | — | — |
| 2022 | $12K | $14K | $142K | $1 | — | — |
| 2021 | $19K | $5K | $171K | $1 | — | — |
| 2020 | $21K | $7K | $148K | $1 | — | — |
| 2019 | $8K | $12K | $127K | $1 | — | View 990 |
| 2015 | $21K | $12K | $101K | $1 | — | View 990 |
| 2014 | $12K | $8K | $106K | $1 | — | View 990 |
| 2013 | $18K | $14K | $102K | $1 | — | View 990 |
| 2012 | $8K | $8K | $94K | $1 | — | View 990 |
| 2011 | $59K | $59K | $87K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $7K, and assets of $160K (revenue +159.4% year-over-year).
- 2022: Revenue of $12K, expenses of $14K, and assets of $142K (revenue -37.2% year-over-year).
- 2021: Revenue of $19K, expenses of $5K, and assets of $171K (revenue -9.3% year-over-year).
- 2020: Revenue of $21K, expenses of $7K, and assets of $148K (revenue +168.3% year-over-year).
- 2019: Revenue of $8K, expenses of $12K, and assets of $127K (revenue -62.0% year-over-year).
- 2015: Revenue of $21K, expenses of $12K, and assets of $101K (revenue +66.7% year-over-year).
- 2014: Revenue of $12K, expenses of $8K, and assets of $106K (revenue -29.4% year-over-year).
- 2013: Revenue of $18K, expenses of $14K, and assets of $102K (revenue +111.8% year-over-year).
- 2012: Revenue of $8K, expenses of $8K, and assets of $94K (revenue -85.8% year-over-year).
- 2011: Revenue of $59K, expenses of $59K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Logan P Graves Foundation:
Data Sources and Methodology
This transparency report for Logan P Graves Foundation 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.