Mechanic Falls Development Commission
Mechanic Falls Development Commission reports zero revenue and assets in latest filing, following years of minimal financial activity.
EIN: 10380150 · Auburn, ME · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $15K |
| Program Spending | 100% |
| Net Assets | $583K |
| Transparency Score | 60/100 |
Is Mechanic Falls Development Commission Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mechanic Falls Development Commission directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mechanic Falls Development Commission
Mechanic Falls Development Commission (EIN: 10380150) is a nonprofit organization based in Auburn, ME, classified under NTEE code S30. 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 Mechanic Falls Development Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mechanic Falls Development Commission is a micro nonprofit that has been operating for 4 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $15K |
| Surplus / Deficit | $-1,752 |
| Total Assets | $584K |
| Total Liabilities | $1K |
| Net Assets | $583K |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 481.8 months |
Financial Health Grade: B
In 2018, Mechanic Falls Development Commission reported a deficit of $2K with expenses exceeding revenue, holds 481.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2018), Mechanic Falls Development Commission's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -6.7% | +22.4% | -0.3% |
| 2017 | -18.0% | -3.8% | +0.3% |
| 2016 | -6.9% | +8.1% | +0.8% |
| 2015 | +7.1% | +0.6% | +1.1% |
| 2014 | -3.1% | +4.2% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
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 Mechanic Falls Development Commission with a Mission Score of 60 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Mechanic Falls Development Commission allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid executives, which is appropriate given its small scale and minimal financial activity.
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 Mechanic Falls Development Commission's IRS 990 filings:
- Zero revenue and assets reported in the latest filing, indicating potential inactivity or dissolution.
- Lack of detailed expense breakdown in available summary data makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Mechanic Falls Development Commission:
- Consistently low liabilities, typically under $2,000, indicating minimal debt.
- No reported officer compensation, suggesting a volunteer-driven model and efficient use of funds for administrative overhead.
- Historically stable asset base (prior to the latest filing) relative to its small operational budget.
Frequently Asked Questions about Mechanic Falls Development Commission
Is Mechanic Falls Development Commission a legitimate charity?
Based on AI analysis of IRS 990 filings, Mechanic Falls Development Commission (EIN: 10380150) some concerns. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
How does Mechanic Falls Development Commission spend its money?
Mechanic Falls Development Commission directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mechanic Falls Development Commission tax-deductible?
Mechanic Falls Development Commission is registered as a tax-exempt nonprofit (EIN: 10380150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mechanic Falls Development Commission compare to similar nonprofits?
With a transparency score of 60/100 (Good), Mechanic Falls Development Commission is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mechanic Falls Development Commission located?
Mechanic Falls Development Commission is headquartered in Auburn, Maine and files with the IRS under EIN 10380150. It is classified under NTEE code S30.
How many years of IRS 990 filings does Mechanic Falls Development Commission have?
Mechanic Falls Development Commission has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Mechanic Falls Development Commission still active?
The latest IRS 990 filing reports $0 in revenue and $0 in assets, which strongly suggests the organization may no longer be actively operating or has significantly scaled down its activities. Previous filings showed modest revenue and expenses, for example, $12,796 in revenue and $14,548 in expenses in 2018.
What is the purpose of the organization's significant assets if revenue is so low?
The organization consistently reported assets between $568,151 (2013) and $607,965 (2012) in previous years, despite very low annual revenues (e.g., $12,796 in 2018). These assets likely represent non-liquid holdings, such as property or investments, that generate minimal operational income. The latest filing, however, reports $0 in assets, which is a significant change.
How does the organization cover its expenses with such low revenue?
In periods where expenses exceeded revenue, such as 2018 ($12,796 revenue vs. $14,548 expenses), the difference would likely be covered by drawing down reserves or through non-operating income not reflected in the 'revenue' line item. However, the latest filing shows no revenue or expenses, indicating no operational activity.
Filing History
IRS 990 filing history for Mechanic Falls Development Commission showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Mechanic Falls Development Commission's revenue has declined by 22.8%, moving from $17K to $13K. Total assets decreased by 3.9% over the same period, from $608K to $584K. Total functional expenses rose by 30.7%, from $11K to $15K. In its most recent filing year (2018), Mechanic Falls Development Commission reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1K in liabilities against $584K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $583K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $13K | $15K | $584K | $1K | — | View 990 |
| 2017 | $14K | $12K | $586K | $1K | — | View 990 |
| 2016 | $17K | $12K | $584K | $1K | — | View 990 |
| 2015 | $18K | $11K | $580K | $2K | — | View 990 |
| 2014 | $17K | $11K | $573K | $1K | — | View 990 |
| 2013 | $17K | $11K | $568K | $2K | — | View 990 |
| 2012 | $17K | $11K | $608K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $13K, expenses of $15K, and assets of $584K (revenue -6.7% year-over-year).
- 2017: Revenue of $14K, expenses of $12K, and assets of $586K (revenue -18.0% year-over-year).
- 2016: Revenue of $17K, expenses of $12K, and assets of $584K (revenue -6.9% year-over-year).
- 2015: Revenue of $18K, expenses of $11K, and assets of $580K (revenue +7.1% year-over-year).
- 2014: Revenue of $17K, expenses of $11K, and assets of $573K (revenue -3.1% year-over-year).
- 2013: Revenue of $17K, expenses of $11K, and assets of $568K (revenue +4.6% year-over-year).
- 2012: Revenue of $17K, expenses of $11K, and assets of $608K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mechanic Falls Development Commission:
Data Sources and Methodology
This transparency report for Mechanic Falls Development Commission 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.