Moosehead Riders Inc
Moosehead Riders Inc. shows consistent revenue, growing assets, and zero liabilities in recent years, with no officer compensation.
EIN: 10380746 · Greenville, ME · NTEE: N68 · Updated: 2026-03-28
About Moosehead Riders Inc
Moosehead Riders Inc (EIN: 10380746) is a nonprofit organization based in Greenville, ME, classified under NTEE code N68. The organization reported total revenue of $113K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moosehead Riders Inc'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 Moosehead Riders Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Moosehead Riders Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization. This is highly favorable for a nonprofit of its size, as it ensures that all revenue can be directed towards its mission and operational costs.
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 Moosehead Riders Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
The following positive indicators were identified for Moosehead Riders Inc:
- Consistent positive net income in recent years (e.g., $33,713 in 2022).
- Zero liabilities reported since 2020, indicating strong financial health.
- No officer compensation reported across all filings, maximizing funds for mission.
- Growing asset base in recent years, from $33,801 in 2019 to $127,382 in 2022.
Frequently Asked Questions about Moosehead Riders Inc
Is Moosehead Riders Inc. financially stable?
Yes, Moosehead Riders Inc. appears financially stable. They have consistently reported positive net income in recent years (e.g., $33,713 in 2022) and have maintained $0 in liabilities since 2020, while growing assets to $127,382 in 2022.
Does Moosehead Riders Inc. pay its officers?
No, the IRS 990 filings consistently show 0% officer compensation across all nine reported periods, indicating a volunteer leadership structure.
How has Moosehead Riders Inc.'s asset base changed over time?
Moosehead Riders Inc.'s assets have fluctuated but show a positive trend in recent years, growing from a low of $33,801 in 2019 to $127,382 in 2022, after a peak of $353,761 in 2015.
Filing History
IRS 990 filing history for Moosehead Riders Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), Moosehead Riders Inc's revenue has grown by 13.5%, moving from $106K to $120K. Total assets decreased by 28.9% over the same period, from $179K to $127K. Total functional expenses rose by 11.2%, from $77K to $86K. In its most recent filing year (2022), Moosehead Riders Inc reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $120K | $86K | $127K | $0 | — | View 990 |
| 2021 | $157K | $99K | $111K | $0 | — | View 990 |
| 2020 | $127K | $102K | $58K | $0 | — | — |
| 2019 | $115K | $133K | $34K | $11K | — | View 990 |
| 2018 | $109K | $156K | $83K | $30K | — | View 990 |
| 2017 | $114K | $142K | $150K | $50K | — | View 990 |
| 2016 | $86K | $121K | $211K | $70K | — | — |
| 2015 | $251K | $94K | $354K | $88K | — | View 990 |
| 2014 | $106K | $77K | $179K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $120K, expenses of $86K, and assets of $127K (revenue -23.9% year-over-year).
- 2021: Revenue of $157K, expenses of $99K, and assets of $111K (revenue +23.5% year-over-year).
- 2020: Revenue of $127K, expenses of $102K, and assets of $58K (revenue +11.2% year-over-year).
- 2019: Revenue of $115K, expenses of $133K, and assets of $34K (revenue +5.2% year-over-year).
- 2018: Revenue of $109K, expenses of $156K, and assets of $83K (revenue -4.2% year-over-year).
- 2017: Revenue of $114K, expenses of $142K, and assets of $150K (revenue +32.5% year-over-year).
- 2016: Revenue of $86K, expenses of $121K, and assets of $211K (revenue -65.8% year-over-year).
- 2015: Revenue of $251K, expenses of $94K, and assets of $354K (revenue +137.9% year-over-year).
- 2014: Revenue of $106K, expenses of $77K, and assets of $179K.
Data Sources and Methodology
This transparency report for Moosehead Riders Inc 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.