Marine Corps League
Marine Corps League (Homer, AK) shows a sharp decline in financial activity, reporting $0 revenue and assets in its latest filing.
EIN: 161627119 · Homer, AK · Updated: 2026-03-28
Is Marine Corps League Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marine Corps League directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marine Corps League
Marine Corps League (EIN: 161627119) is a nonprofit organization based in Homer, AK. 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 Marine Corps League's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marine Corps League is a micro nonprofit that has been operating for 80 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -35.5%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $40K |
| Surplus / Deficit | $-26,190 |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | -187.6% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2017, Marine Corps League reported a deficit of $26K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 7 years of filings (2011–2017), Marine Corps League's revenue has declined at a compound annual growth rate (CAGR) of -35.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -83.1% | -53.3% | -59.9% |
| 2016 | -2.8% | +7.2% | -41.5% |
| 2015 | -26.0% | -2.1% | -18.1% |
| 2014 | -11.0% | -23.6% | -53.6% |
| 2013 | -55.6% | -25.3% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1946 |
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 Marine Corps League with a Mission Score of 40 out of 100 (Fair). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Marine Corps League allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all available filings, indicating that no executive salaries were paid, which is highly efficient for a nonprofit of this size.
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 Marine Corps League's IRS 990 filings:
- Dramatic decline in revenue from $289,415 in 2012 to $0 in the latest period.
- Assets have decreased from a peak of $196,833 in 2013 to $0 in the latest filing.
- Latest filing shows $0 revenue and $0 assets, suggesting potential dormancy or cessation of operations.
- Expenses ($40,147) significantly exceeded revenue ($13,957) in 2017, indicating unsustainable operations.
Strengths
The following positive indicators were identified for Marine Corps League:
- Consistently reported 0% officer compensation, indicating efficient use of funds for leadership.
- Maintained $0 liabilities across all reported periods, showing no debt burden.
Frequently Asked Questions about Marine Corps League
Is Marine Corps League a legitimate charity?
Based on AI analysis of IRS 990 filings, Marine Corps League (EIN: 161627119) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Marine Corps League spend its money?
Marine Corps League directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marine Corps League tax-deductible?
Marine Corps League is registered as a tax-exempt nonprofit (EIN: 161627119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Marine Corps League (Homer, AK) still operational?
Based on the latest filing showing $0 revenue and $0 assets, it is highly questionable whether the organization is still actively operational. Further investigation beyond the IRS filings would be needed to confirm its current status.
What caused the significant drop in revenue and assets?
The IRS 990 data alone does not provide reasons for the dramatic decline in revenue from $289,415 in 2012 to $0 in the latest period, nor the asset reduction from $196,833 in 2013 to $0. This would require direct inquiry with the organization or local sources.
How did the organization manage its expenses relative to revenue in its active years?
In its more active years, such as 2012, the organization generated $289,415 in revenue against $143,229 in expenses, indicating a surplus. However, in 2017, expenses ($40,147) significantly exceeded revenue ($13,957), contributing to asset depletion.
Filing History
IRS 990 filing history for Marine Corps League showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Marine Corps League's revenue has declined by 92.8%, moving from $194K to $14K. Total assets decreased by 89.5% over the same period, from $167K to $18K. Total functional expenses fell by 70.6%, from $136K to $40K. In its most recent filing year (2017), Marine Corps League reported a deficit of $26K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $14K | $40K | $18K | $0 | — | View 990 |
| 2016 | $82K | $86K | $44K | $0 | — | View 990 |
| 2015 | $85K | $80K | $75K | $0 | — | View 990 |
| 2014 | $114K | $82K | $91K | $0 | — | View 990 |
| 2013 | $129K | $107K | $197K | $0 | — | View 990 |
| 2012 | $289K | $143K | $176K | $0 | — | View 990 |
| 2011 | $194K | $136K | $167K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $14K, expenses of $40K, and assets of $18K (revenue -83.1% year-over-year).
- 2016: Revenue of $82K, expenses of $86K, and assets of $44K (revenue -2.8% year-over-year).
- 2015: Revenue of $85K, expenses of $80K, and assets of $75K (revenue -26.0% year-over-year).
- 2014: Revenue of $114K, expenses of $82K, and assets of $91K (revenue -11.0% year-over-year).
- 2013: Revenue of $129K, expenses of $107K, and assets of $197K (revenue -55.6% year-over-year).
- 2012: Revenue of $289K, expenses of $143K, and assets of $176K (revenue +49.1% year-over-year).
- 2011: Revenue of $194K, expenses of $136K, and assets of $167K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marine Corps League:
Data Sources and Methodology
This transparency report for Marine Corps League 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.