Marginal Way Preservation Fund
Marginal Way Preservation Fund shows consistent asset growth and no executive compensation.
EIN: 10957572 · Ogunquit, ME · NTEE: C50 · Updated: 2026-03-28
Is Marginal Way Preservation Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marginal Way Preservation Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marginal Way Preservation Fund
Marginal Way Preservation Fund (EIN: 10957572) is a nonprofit organization based in Ogunquit, ME, classified under NTEE code C50. The organization reported total revenue of $1.0M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marginal Way Preservation Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marginal Way Preservation Fund 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, Marginal Way Preservation Fund 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.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size and asset base.
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 Marginal Way Preservation Fund:
- Consistent asset growth, from $1,514,394 in 2019 to $3,489,192 in 2023.
- No reported officer compensation across all filings, indicating volunteer leadership.
- Strong program spending efficiency, with expenses consistently well below revenue.
- Low liabilities relative to assets, for example, $7,189 in liabilities against $3,489,192 in assets in 2023.
- Positive revenue trend over the past several years, demonstrating sustained donor support.
Frequently Asked Questions about Marginal Way Preservation Fund
Is Marginal Way Preservation Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Marginal Way Preservation Fund (EIN: 10957572) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Marginal Way Preservation Fund spend its money?
Marginal Way Preservation Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marginal Way Preservation Fund tax-deductible?
Marginal Way Preservation Fund is registered as a tax-exempt nonprofit (EIN: 10957572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Marginal Way Preservation Fund a good charity?
Yes, based on its financial data, the Marginal Way Preservation Fund appears to be a very good charity. It demonstrates strong financial health, efficient spending, and high transparency, particularly with no reported officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $714,412 in 2015 to $3,489,192 in 2023, and revenue has generally increased, indicating strong donor support and effective financial management.
What is the organization's spending efficiency?
The organization exhibits excellent spending efficiency. For example, in 2023, expenses were $318,210 against revenue of $754,364, meaning a large portion of revenue is either saved or directly invested into its mission, rather than consumed by overhead.
Does the organization pay its executives?
No, the organization reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership serves on a volunteer basis.
Filing History
IRS 990 filing history for Marginal Way Preservation Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marginal Way Preservation Fund's revenue has grown by 245.3%, moving from $218K to $754K. Total assets increased by 1036.2% over the same period, from $307K to $3.5M. Total functional expenses rose by 207.3%, from $104K to $318K. In its most recent filing year (2023), Marginal Way Preservation Fund reported a surplus of $436K, with revenue exceeding expenses. The organization holds $7K in liabilities against $3.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $754K | $318K | $3.5M | $7K | — | — |
| 2022 | $704K | $201K | $2.8M | $9K | — | View 990 |
| 2021 | $847K | $180K | $2.6M | $5K | — | View 990 |
| 2020 | $372K | $148K | $1.7M | $7K | — | View 990 |
| 2019 | $297K | $123K | $1.5M | $3K | — | View 990 |
| 2018 | $237K | $206K | $1.1M | $0 | — | View 990 |
| 2017 | $349K | $122K | $1.1M | $0 | — | View 990 |
| 2016 | $186K | $123K | $904K | $0 | — | View 990 |
| 2015 | $141K | $109K | $714K | $0 | — | View 990 |
| 2014 | $321K | $165K | $759K | $0 | — | View 990 |
| 2013 | $332K | $209K | $619K | $0 | — | View 990 |
| 2012 | $187K | $134K | $396K | $0 | — | View 990 |
| 2011 | $218K | $104K | $307K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $754K, expenses of $318K, and assets of $3.5M (revenue +7.1% year-over-year).
- 2022: Revenue of $704K, expenses of $201K, and assets of $2.8M (revenue -16.9% year-over-year).
- 2021: Revenue of $847K, expenses of $180K, and assets of $2.6M (revenue +127.9% year-over-year).
- 2020: Revenue of $372K, expenses of $148K, and assets of $1.7M (revenue +25.3% year-over-year).
- 2019: Revenue of $297K, expenses of $123K, and assets of $1.5M (revenue +25.4% year-over-year).
- 2018: Revenue of $237K, expenses of $206K, and assets of $1.1M (revenue -32.1% year-over-year).
- 2017: Revenue of $349K, expenses of $122K, and assets of $1.1M (revenue +87.4% year-over-year).
- 2016: Revenue of $186K, expenses of $123K, and assets of $904K (revenue +31.6% year-over-year).
- 2015: Revenue of $141K, expenses of $109K, and assets of $714K (revenue -56.0% year-over-year).
- 2014: Revenue of $321K, expenses of $165K, and assets of $759K (revenue -3.3% year-over-year).
- 2013: Revenue of $332K, expenses of $209K, and assets of $619K (revenue +77.6% year-over-year).
- 2012: Revenue of $187K, expenses of $134K, and assets of $396K (revenue -14.5% year-over-year).
- 2011: Revenue of $218K, expenses of $104K, and assets of $307K.
Data Sources and Methodology
This transparency report for Marginal Way Preservation Fund 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.