Mildcoast Charitable Foundation Of Mail
EIN: 452556653 · Brunswick, ME · NTEE: P20
| Metric | Value |
|---|---|
| Total Expenses | $46K |
| Net Assets | $21K |
Is Mildcoast Charitable Foundation Of Mail Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mildcoast Charitable Foundation Of Mail
Mildcoast Charitable Foundation Of Mail (EIN: 452556653) is a nonprofit organization based in Brunswick, ME, classified under NTEE code P20. 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 Mildcoast Charitable Foundation Of Mail's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mildcoast Charitable Foundation Of Mail is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 58.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $46K |
| Surplus / Deficit | +$18K |
| Total Assets | $55K |
| Total Liabilities | $34K |
| Net Assets | $21K |
| Operating Margin | 28.6% |
| Debt-to-Asset Ratio | 61.5% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2022, Mildcoast Charitable Foundation Of Mail reported a surplus of $18K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 61.5% (high leverage).
Financial Trends
Over 2 years of filings (2013–2022), Mildcoast Charitable Foundation Of Mail's revenue has grown at a compound annual growth rate (CAGR) of 58.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +6300.0% | +2305.2% | +23336.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mildcoast Charitable Foundation Of Mail 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 Mildcoast Charitable Foundation Of Mail 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.5%.
Frequently Asked Questions about Mildcoast Charitable Foundation Of Mail
Is Mildcoast Charitable Foundation Of Mail a legitimate charity?
Mildcoast Charitable Foundation Of Mail (EIN: 452556653) is a registered tax-exempt nonprofit based in Maine. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Mildcoast Charitable Foundation Of Mail spend its money?
Mildcoast Charitable Foundation Of Mail reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mildcoast Charitable Foundation Of Mail tax-deductible?
Mildcoast Charitable Foundation Of Mail is registered as a tax-exempt nonprofit (EIN: 452556653). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mildcoast Charitable Foundation Of Mail located?
Mildcoast Charitable Foundation Of Mail is headquartered in Brunswick, Maine and files with the IRS under EIN 452556653. It is classified under NTEE code P20.
How many years of IRS 990 filings does Mildcoast Charitable Foundation Of Mail have?
Mildcoast Charitable Foundation Of Mail has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Mildcoast Charitable Foundation Of Mail showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2013–2022), Mildcoast Charitable Foundation Of Mail's revenue has grown by 6300%, moving from $1K to $64K. Total assets increased by 23336.1% over the same period, from $233 to $55K. Total functional expenses rose by 2305.2%, from $2K to $46K. In its most recent filing year (2022), Mildcoast Charitable Foundation Of Mail reported a surplus of $18K, with revenue exceeding expenses. The organization holds $34K in liabilities against $55K in assets (debt-to-asset ratio: 61.5%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $64K | $46K | $55K | $34K | — | View 990 |
| 2013 | $1K | $2K | $233 | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mildcoast Charitable Foundation Of Mail:
Data Sources and Methodology
This transparency report for Mildcoast Charitable Foundation Of Mail 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.