North Yarmouth Academy
North Yarmouth Academy maintains stable finances with minimal operating surplus and no reported officer compensation.
EIN: 10211536 · Yarmouth, ME · NTEE: B250 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.5M |
| Total Expenses | $15.1M |
| Program Spending | 85% |
| Net Assets | $16.6M |
| Transparency Score | 85/100 |
Is North Yarmouth Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Yarmouth Academy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Yarmouth Academy
North Yarmouth Academy (EIN: 10211536) is a nonprofit organization based in Yarmouth, ME, classified under NTEE code B250. The organization reported total revenue of $15.5M and total assets of $21.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Yarmouth Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Yarmouth Academy is a large nonprofit that has been operating for 74 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.1M |
| Total Expenses | $15.1M |
| Surplus / Deficit | +$4K |
| Total Assets | $21.7M |
| Total Liabilities | $5.2M |
| Net Assets | $16.6M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 23.9% |
| Months of Reserves | 17.2 months |
Financial Health Grade: A
In 2024, North Yarmouth Academy reported a surplus of $4K with revenue exceeding expenses, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 23.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), North Yarmouth Academy's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.4% | +8.4% | +5.5% |
| 2023 | -20.3% | +8.6% | +2.6% |
| 2022 | +33.0% | +8.7% | +27.3% |
| 2021 | +13.6% | +5.2% | +5.4% |
| 2020 | -5.6% | -2.2% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1952 |
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 North Yarmouth Academy 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, North Yarmouth Academy 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for Officer Compensation across all periods, indicating that the highest-ranking executives are not receiving salaries directly from the organization, which is a strong positive 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.
Red Flags
The following concerns were identified during AI analysis of North Yarmouth Academy's IRS 990 filings:
- Increasing liabilities relative to assets, from $3,314,006 in 2021 to $5,188,847 in 2024, warrants monitoring.
- Very tight operating margin in the latest period (202406), with expenses nearly matching revenue, leaving little for reserves or unexpected costs.
Strengths
The following positive indicators were identified for North Yarmouth Academy:
- Consistent financial transparency with 14 IRS 990 filings.
- No reported officer compensation across all filing periods, indicating efficient use of funds for mission.
- Significant growth in assets from $14,976,962 in 2020 to $21,748,314 in 2024, demonstrating financial growth.
- Generally stable revenue and expense management over the past decade.
Frequently Asked Questions about North Yarmouth Academy
Is North Yarmouth Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, North Yarmouth Academy (EIN: 10211536) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does North Yarmouth Academy spend its money?
North Yarmouth Academy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Yarmouth Academy tax-deductible?
North Yarmouth Academy is registered as a tax-exempt nonprofit (EIN: 10211536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of North Yarmouth Academy's spending goes to programs?
North Yarmouth Academy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Yarmouth Academy compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), North Yarmouth Academy is above average for NTEE category B250 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Yarmouth Academy located?
North Yarmouth Academy is headquartered in Yarmouth, Maine and files with the IRS under EIN 10211536. It is classified under NTEE code B250.
How many years of IRS 990 filings does North Yarmouth Academy have?
North Yarmouth Academy has 14 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 $15.5M in total revenue.
Is North Yarmouth Academy financially stable?
Yes, North Yarmouth Academy appears financially stable. While the 202406 period showed a very small operating surplus ($15,133,256 revenue vs. $15,129,362 expenses), the organization has consistently managed its finances, and its assets have grown from $14,976,962 in 2020 to $21,748,314 in 2024.
How has North Yarmouth Academy's revenue trended?
North Yarmouth Academy's revenue has shown growth over the past decade, fluctuating but generally increasing from $8,138,284 in 2017 to $15,133,256 in 2024, with a peak of $17,214,127 in 2022.
What is the trend in the organization's assets and liabilities?
Assets have shown a strong upward trend, increasing from $13,829,295 in 2018 to $21,748,314 in 2024. Liabilities have also increased, from $3,655,251 in 2018 to $5,188,847 in 2024, which is a point to monitor relative to asset growth.
Does North Yarmouth Academy pay its officers?
According to the provided IRS 990 data, North Yarmouth Academy consistently reports 0% for Officer Compensation across all 14 filing periods, indicating no direct compensation to officers from the organization.
Filing History
IRS 990 filing history for North Yarmouth Academy showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), North Yarmouth Academy's revenue has grown by 99.3%, moving from $7.6M to $15.1M. Total assets increased by 19.4% over the same period, from $18.2M to $21.7M. Total functional expenses rose by 84.4%, from $8.2M to $15.1M. In its most recent filing year (2024), North Yarmouth Academy reported a surplus of $4K, with revenue exceeding expenses. The organization holds $5.2M in liabilities against $21.7M in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $16.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $15.1M | $15.1M | $21.7M | $5.2M | — | View 990 |
| 2023 | $13.7M | $14.0M | $20.6M | $4.3M | — | View 990 |
| 2022 | $17.2M | $12.9M | $20.1M | $3.7M | — | View 990 |
| 2021 | $12.9M | $11.8M | $15.8M | $3.3M | — | View 990 |
| 2020 | $11.4M | $11.2M | $15.0M | $4.0M | — | View 990 |
| 2019 | $12.1M | $11.5M | $14.1M | $3.3M | — | View 990 |
| 2018 | $8.7M | $9.3M | $13.8M | $3.7M | — | View 990 |
| 2017 | $8.1M | $9.5M | $15.0M | $4.2M | — | View 990 |
| 2016 | $8.6M | $9.1M | $16.5M | $4.2M | — | View 990 |
| 2015 | $10.3M | $10.2M | $17.6M | $4.8M | — | View 990 |
| 2014 | $9.6M | $9.9M | $17.7M | $4.9M | — | View 990 |
| 2013 | $8.3M | $8.6M | $17.5M | $4.8M | — | View 990 |
| 2012 | $7.7M | $8.0M | $17.4M | $4.7M | — | View 990 |
| 2011 | $7.6M | $8.2M | $18.2M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $15.1M, expenses of $15.1M, and assets of $21.7M (revenue +10.4% year-over-year).
- 2023: Revenue of $13.7M, expenses of $14.0M, and assets of $20.6M (revenue -20.3% year-over-year).
- 2022: Revenue of $17.2M, expenses of $12.9M, and assets of $20.1M (revenue +33.0% year-over-year).
- 2021: Revenue of $12.9M, expenses of $11.8M, and assets of $15.8M (revenue +13.6% year-over-year).
- 2020: Revenue of $11.4M, expenses of $11.2M, and assets of $15.0M (revenue -5.6% year-over-year).
- 2019: Revenue of $12.1M, expenses of $11.5M, and assets of $14.1M (revenue +39.4% year-over-year).
- 2018: Revenue of $8.7M, expenses of $9.3M, and assets of $13.8M (revenue +6.3% year-over-year).
- 2017: Revenue of $8.1M, expenses of $9.5M, and assets of $15.0M (revenue -5.2% year-over-year).
- 2016: Revenue of $8.6M, expenses of $9.1M, and assets of $16.5M (revenue -16.8% year-over-year).
- 2015: Revenue of $10.3M, expenses of $10.2M, and assets of $17.6M (revenue +6.9% year-over-year).
- 2014: Revenue of $9.6M, expenses of $9.9M, and assets of $17.7M (revenue +16.9% year-over-year).
- 2013: Revenue of $8.3M, expenses of $8.6M, and assets of $17.5M (revenue +6.7% year-over-year).
- 2012: Revenue of $7.7M, expenses of $8.0M, and assets of $17.4M (revenue +1.9% year-over-year).
- 2011: Revenue of $7.6M, expenses of $8.2M, and assets of $18.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Yarmouth Academy:
Data Sources and Methodology
This transparency report for North Yarmouth Academy 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.