Nathan And Henry B Cleaves Law Library
Nathan And Henry B Cleaves Law Library maintains stable finances with no reported officer compensation.
EIN: 10511596 · Portland, ME · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $425K |
| Total Expenses | $221K |
| Program Spending | 90% |
| Net Assets | $3.3M |
| Transparency Score | 95/100 |
Is Nathan And Henry B Cleaves Law Library Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nathan And Henry B Cleaves Law Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nathan And Henry B Cleaves Law Library
Nathan And Henry B Cleaves Law Library (EIN: 10511596) is a nonprofit organization based in Portland, ME, classified under NTEE code B70. The organization reported total revenue of $425K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nathan And Henry B Cleaves Law Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nathan And Henry B Cleaves Law Library is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $221K |
| Surplus / Deficit | $-531 |
| Total Assets | $3.3M |
| Net Assets | $3.3M |
| Operating Margin | -0.2% |
| Months of Reserves | 179.6 months |
Financial Health Grade: B
In 2023, Nathan And Henry B Cleaves Law Library reported a deficit of $531 with expenses exceeding revenue, holds 179.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Nathan And Henry B Cleaves Law Library's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.4% | +13.2% | +9.4% |
| 2022 | -39.6% | +1.2% | -13.2% |
| 2021 | +65.9% | -7.4% | +12.4% |
| 2020 | -39.4% | +1.1% | +6.0% |
| 2019 | +12.6% | -2.8% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Nathan And Henry B Cleaves Law Library with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Nathan And Henry B Cleaves Law Library allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $531, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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.
Strengths
The following positive indicators were identified for Nathan And Henry B Cleaves Law Library:
- Consistent 0% officer compensation, indicating efficient use of funds for mission.
- Strong and growing asset base, currently at $3,590,649, providing long-term financial stability.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Low liabilities (reported as $0 in multiple years), indicating sound financial management.
- Generally stable expense management, with expenses often below or near revenue.
Frequently Asked Questions about Nathan And Henry B Cleaves Law Library
Is Nathan And Henry B Cleaves Law Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Nathan And Henry B Cleaves Law Library (EIN: 10511596) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Nathan And Henry B Cleaves Law Library spend its money?
Nathan And Henry B Cleaves Law Library directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nathan And Henry B Cleaves Law Library tax-deductible?
Nathan And Henry B Cleaves Law Library is registered as a tax-exempt nonprofit (EIN: 10511596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Nathan And Henry B Cleaves Law Library compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Nathan And Henry B Cleaves Law Library is above average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nathan And Henry B Cleaves Law Library located?
Nathan And Henry B Cleaves Law Library is headquartered in Portland, Maine and files with the IRS under EIN 10511596. It is classified under NTEE code B70.
How many years of IRS 990 filings does Nathan And Henry B Cleaves Law Library have?
Nathan And Henry B Cleaves Law Library has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $425K in total revenue.
How does the organization sustain its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership or that any compensation for key personnel is categorized differently, potentially under program or administrative expenses if not for officers.
What is the primary source of the organization's revenue?
While specific revenue sources are not detailed in the provided data, the fluctuating revenue (e.g., $404,509 in 2016 vs. $165,534 in 2022) suggests a mix of contributions, grants, and potentially investment income from its substantial asset base.
How does the organization manage its assets of over $3.5 million?
The consistent growth in assets, from $2,272,554 in 2014 to $3,590,649 currently, indicates effective asset management, likely through investments, which contribute to its long-term financial stability.
Filing History
IRS 990 filing history for Nathan And Henry B Cleaves Law Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nathan And Henry B Cleaves Law Library's revenue has grown by 18.9%, moving from $186K to $221K. Total assets increased by 66.6% over the same period, from $2.0M to $3.3M. Total functional expenses rose by 21%, from $183K to $221K. In its most recent filing year (2023), Nathan And Henry B Cleaves Law Library reported a deficit of $531, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $221K | $221K | $3.3M | $0 | — | — |
| 2022 | $166K | $195K | $3.0M | $0 | — | View 990 |
| 2021 | $274K | $193K | $3.5M | $0 | — | View 990 |
| 2020 | $165K | $208K | $3.1M | $0 | — | View 990 |
| 2019 | $273K | $206K | $2.9M | $0 | — | View 990 |
| 2018 | $242K | $212K | $2.5M | $0 | — | View 990 |
| 2017 | $285K | $188K | $2.7M | $0 | — | View 990 |
| 2016 | $405K | $186K | $2.4M | $0 | — | View 990 |
| 2015 | $161K | $183K | $2.3M | $0 | — | View 990 |
| 2014 | $187K | $177K | $2.3M | $0 | — | View 990 |
| 2013 | $185K | $175K | $2.2M | $0 | — | View 990 |
| 2012 | $240K | $176K | $2.1M | $0 | — | View 990 |
| 2011 | $186K | $183K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $221K, expenses of $221K, and assets of $3.3M (revenue +33.4% year-over-year).
- 2022: Revenue of $166K, expenses of $195K, and assets of $3.0M (revenue -39.6% year-over-year).
- 2021: Revenue of $274K, expenses of $193K, and assets of $3.5M (revenue +65.9% year-over-year).
- 2020: Revenue of $165K, expenses of $208K, and assets of $3.1M (revenue -39.4% year-over-year).
- 2019: Revenue of $273K, expenses of $206K, and assets of $2.9M (revenue +12.6% year-over-year).
- 2018: Revenue of $242K, expenses of $212K, and assets of $2.5M (revenue -15.1% year-over-year).
- 2017: Revenue of $285K, expenses of $188K, and assets of $2.7M (revenue -29.5% year-over-year).
- 2016: Revenue of $405K, expenses of $186K, and assets of $2.4M (revenue +150.8% year-over-year).
- 2015: Revenue of $161K, expenses of $183K, and assets of $2.3M (revenue -13.7% year-over-year).
- 2014: Revenue of $187K, expenses of $177K, and assets of $2.3M (revenue +0.9% year-over-year).
- 2013: Revenue of $185K, expenses of $175K, and assets of $2.2M (revenue -22.7% year-over-year).
- 2012: Revenue of $240K, expenses of $176K, and assets of $2.1M (revenue +29.0% year-over-year).
- 2011: Revenue of $186K, expenses of $183K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nathan And Henry B Cleaves Law Library:
Data Sources and Methodology
This transparency report for Nathan And Henry B Cleaves Law Library 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.