Mission At The Eastward
Mission At The Eastward maintains stable assets and low liabilities with no reported officer compensation.
EIN: 20235171 · Farmington, ME · Updated: 2026-03-28
Is Mission At The Eastward Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mission At The Eastward directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mission At The Eastward
Mission At The Eastward (EIN: 20235171) is a nonprofit organization based in Farmington, ME. The organization reported total revenue of $157K and total assets of $378K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mission At The Eastward's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mission At The Eastward is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $208K |
| Surplus / Deficit | $-2,304 |
| Total Assets | $445K |
| Total Liabilities | $5K |
| Net Assets | $439K |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 25.7 months |
Financial Health Grade: B
In 2023, Mission At The Eastward reported a deficit of $2K with expenses exceeding revenue, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Mission At The Eastward's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.9% | +28.6% | +2.2% |
| 2022 | -51.9% | +6.4% | -4.6% |
| 2021 | +40.6% | +18.9% | +68.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2020 |
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 Mission At The Eastward with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mission At The Eastward allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Mission At The Eastward reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for a nonprofit of its 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 Mission At The Eastward's IRS 990 filings:
- Lack of detailed expense breakdown in available data prevents precise program efficiency analysis.
Strengths
The following positive indicators were identified for Mission At The Eastward:
- Consistent growth in assets, from $270,414 in 2020 to $444,762 in 2023.
- Extremely low liabilities across all reporting periods, indicating strong financial health.
- 0% reported officer compensation, suggesting efficient use of funds and potentially volunteer leadership.
- Expenses generally align with revenue, demonstrating responsible financial management.
Frequently Asked Questions about Mission At The Eastward
Is Mission At The Eastward a legitimate charity?
Based on AI analysis of IRS 990 filings, Mission At The Eastward (EIN: 20235171) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Mission At The Eastward spend its money?
Mission At The Eastward directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mission At The Eastward tax-deductible?
Mission At The Eastward is registered as a tax-exempt nonprofit (EIN: 20235171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mission At The Eastward a good charity?
Based on the available IRS 990 data, Mission At The Eastward appears to be a well-managed charity. It maintains a strong asset base, very low liabilities, and consistently reports 0% officer compensation, suggesting efficient use of funds and a strong commitment to its mission. However, without detailed program expense breakdowns, a full assessment of its impact per dollar is limited.
How has Mission At The Eastward's revenue trended?
Mission At The Eastward's revenue has fluctuated over the past four years, peaking at $326,560 in 2021 and dipping to $157,100 in 2022, before recovering to $205,574 in 2023. This indicates some variability in its funding sources.
What is the financial stability of Mission At The Eastward?
The organization demonstrates strong financial stability. Its assets have consistently grown, reaching $444,762 in 2023, and its liabilities have remained exceptionally low, never exceeding $5,384 in any reported period. This indicates a healthy balance sheet and minimal financial risk.
Filing History
IRS 990 filing history for Mission At The Eastward showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Mission At The Eastward's revenue has declined by 11.5%, moving from $232K to $206K. Total assets increased by 64.5% over the same period, from $270K to $445K. Total functional expenses rose by 62.6%, from $128K to $208K. In its most recent filing year (2023), Mission At The Eastward reported a deficit of $2K, with expenses exceeding revenue. The organization holds $5K in liabilities against $445K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $439K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $208K | $445K | $5K | — | View 990 |
| 2022 | $157K | $162K | $435K | $3K | — | — |
| 2021 | $327K | $152K | $456K | $176 | — | — |
| 2020 | $232K | $128K | $270K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $208K, and assets of $445K (revenue +30.9% year-over-year).
- 2022: Revenue of $157K, expenses of $162K, and assets of $435K (revenue -51.9% year-over-year).
- 2021: Revenue of $327K, expenses of $152K, and assets of $456K (revenue +40.6% year-over-year).
- 2020: Revenue of $232K, expenses of $128K, and assets of $270K.
Data Sources and Methodology
This transparency report for Mission At The Eastward 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.