Long Pond Association
Long Pond Association shows highly volatile revenue and expenses, with a significant deficit in 2023.
EIN: 10967755 · Parsonsfield, ME · NTEE: C30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $20K |
| Program Spending | 80% |
| Net Assets | $66K |
| Transparency Score | 65/100 |
Is Long Pond Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Long Pond Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Long Pond Association
Long Pond Association (EIN: 10967755) is a nonprofit organization based in Parsonsfield, ME, classified under NTEE code C30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Pond Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Long Pond Association is a micro nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of -80.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $20K |
| Surplus / Deficit | $-8,887 |
| Total Assets | $66K |
| Net Assets | $66K |
| Operating Margin | -80.0% |
| Months of Reserves | 39.4 months |
Financial Health Grade: B
In 2024, Long Pond Association reported a deficit of $9K with expenses exceeding revenue, holds 39.4 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2022–2024), Long Pond Association's revenue has declined at a compound annual growth rate (CAGR) of -80.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +14.4% | -92.2% | -11.9% |
| 2023 | -96.7% | +360.3% | -76.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
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 Long Pond 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Long Pond Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating a volunteer-led organization or that all officers serve without pay, which is common for smaller nonprofits and generally viewed positively 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.
Red Flags
The following concerns were identified during AI analysis of Long Pond Association's IRS 990 filings:
- Highly volatile revenue and expense figures year-over-year, making financial planning and stability uncertain.
- Significant deficit in 2023 (expenses of $256,471 against revenue of $9,709) without clear explanation in the summary data.
Strengths
The following positive indicators were identified for Long Pond Association:
- Consistently reports 0% officer compensation, indicating a volunteer-driven model and efficient use of funds for leadership.
- Maintains zero liabilities across all reported periods, suggesting good financial management regarding debt.
- Accumulated assets from higher revenue years (e.g., $321,253 in 2022) provide a buffer for years with lower income.
Frequently Asked Questions about Long Pond Association
Is Long Pond Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Pond Association (EIN: 10967755) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Long Pond Association spend its money?
Long Pond Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Pond Association tax-deductible?
Long Pond Association is registered as a tax-exempt nonprofit (EIN: 10967755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Long Pond Association's spending goes to programs?
Long Pond Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Long Pond Association compare to similar nonprofits?
With a transparency score of 65/100 (Good), Long Pond Association is above average for NTEE category C30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Long Pond Association located?
Long Pond Association is headquartered in Parsonsfield, Maine and files with the IRS under EIN 10967755. It is classified under NTEE code C30.
How many years of IRS 990 filings does Long Pond Association have?
Long Pond Association has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What caused the significant expense of $256,471 in 2023, given the low revenue of $9,709 that year?
The provided data does not specify the nature of this large expense. It could represent a major capital project, land acquisition, or a significant one-time program expenditure that was funded by prior year reserves or a specific grant not reflected in the general revenue for that period.
How does the Long Pond Association sustain operations with such fluctuating revenue?
The organization likely relies on accumulated assets from years with higher revenue, such as 2022 when it reported $297,092 in revenue and ended with $321,253 in assets, to cover expenses in leaner years like 2023 and 2024.
What are the primary programs or activities of the Long Pond Association?
Based on the NTEE code C30 (Environmental Quality, Protection & Beautification), the organization likely focuses on environmental conservation, water quality, or related initiatives for Long Pond. However, specific program details are not available in the provided financial summary.
Filing History
IRS 990 filing history for Long Pond Association showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Long Pond Association's revenue has declined by 96.3%, moving from $297K to $11K. Total assets decreased by 79.6% over the same period, from $321K to $66K. Total functional expenses fell by 64.1%, from $56K to $20K. In its most recent filing year (2024), Long Pond Association reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $11K | $20K | $66K | $0 | — | — |
| 2023 | $10K | $256K | $74K | $0 | — | View 990 |
| 2022 | $297K | $56K | $321K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $11K, expenses of $20K, and assets of $66K (revenue +14.4% year-over-year).
- 2023: Revenue of $10K, expenses of $256K, and assets of $74K (revenue -96.7% year-over-year).
- 2022: Revenue of $297K, expenses of $56K, and assets of $321K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Long Pond Association:
Data Sources and Methodology
This transparency report for Long Pond 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.