Maine Lighthouse Trust
EIN: 830890686 · Biddeford, ME · NTEE: T99
Is Maine Lighthouse Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maine Lighthouse Trust
Maine Lighthouse Trust (EIN: 830890686) is a nonprofit organization based in Biddeford, ME, classified under NTEE code T99. The organization reported total revenue of $149K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Lighthouse Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Maine Lighthouse Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Lighthouse Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Maine Lighthouse Trust
Is Maine Lighthouse Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Lighthouse Trust (EIN: 830890686) insufficient data. 0 red flags identified, 0 strengths noted.
How does Maine Lighthouse Trust spend its money?
Detailed spending breakdown data is not yet available for Maine Lighthouse Trust. Check back for updated IRS 990 analysis.
Are donations to Maine Lighthouse Trust tax-deductible?
Maine Lighthouse Trust is registered as a tax-exempt nonprofit (EIN: 830890686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Maine Lighthouse Trust showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Maine Lighthouse Trust's revenue has grown by 1243.4%, moving from $8K to $104K. Total assets decreased by 11% over the same period, from $13K to $12K. Total functional expenses rose by 615.6%, from $14K to $98K. In its most recent filing year (2023), Maine Lighthouse Trust reported a surplus of $6K, with revenue exceeding expenses. The organization holds $39K in liabilities against $12K in assets (debt-to-asset ratio: 323.3%), resulting in net assets of $-26,766.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $104K | $98K | $12K | $39K | — | View 990 |
| 2022 | $59K | $58K | $4K | $52K | — | View 990 |
| 2021 | $0 | $3K | $1K | $59K | — | — |
| 2020 | $0 | $3K | $2K | $57K | — | View 990 |
| 2019 | $28K | $75K | $2K | $55K | — | View 990 |
| 2018 | $8K | $14K | $13K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104K, expenses of $98K, and assets of $12K (revenue +76.4% year-over-year).
- 2022: Revenue of $59K, expenses of $58K, and assets of $4K.
- 2021: Revenue of $0, expenses of $3K, and assets of $1K.
- 2020: Revenue of $0, expenses of $3K, and assets of $2K (revenue -100.0% year-over-year).
- 2019: Revenue of $28K, expenses of $75K, and assets of $2K (revenue +262.5% year-over-year).
- 2018: Revenue of $8K, expenses of $14K, and assets of $13K.
Data Sources and Methodology
This transparency report for Maine Lighthouse Trust 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.