Northern Timber Cruisers Inc

Northern Timber Cruisers Inc. experienced a significant financial deficit in 2023 after a strong 2022, with assets declining and liabilities introduced.

EIN: 10388825 · Millinocket, ME · Updated: 2026-03-28

$170KRevenue

$22KAssets

65/100Mission Score (Good)

About Northern Timber Cruisers Inc

Northern Timber Cruisers Inc (EIN: 10388825) is a nonprofit organization based in Millinocket, ME. The organization reported total revenue of $170K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Timber Cruisers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northern Timber Cruisers Inc. demonstrates fluctuating financial health over the past several years. While the organization reported a significant revenue of $233,942 in 2022, it experienced a substantial deficit in 2023, with expenses of $253,812 exceeding revenue of $155,251. This resulted in a decrease in assets from $136,821 in 2022 to $53,262 in 2023, and the introduction of $15,000 in liabilities. The organization's spending efficiency appears to be inconsistent, with periods of strong revenue generation followed by periods of significant overspending relative to income. The consistent reporting of 0% officer compensation across all filings indicates a commitment to volunteer leadership, which is a positive sign for donor confidence regarding executive pay.

The organization's transparency is generally good, with 13 filings available, providing a comprehensive financial history. However, the NTEE code is unknown, which can make it difficult for external parties to understand its specific programmatic focus and compare it to similar organizations. The recent financial downturn in 2023, marked by a substantial deficit and increased liabilities, warrants closer examination to understand the underlying causes and the organization's plan for financial recovery. Despite this, the long history of filings and the absence of paid executive compensation suggest a foundational level of transparency and dedication to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northern Timber Cruisers Inc with a Mission Score of 65 out of 100 (Good). 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, Northern Timber Cruisers Inc 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.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization relies on volunteer leadership and does not allocate funds to officer salaries, which is highly favorable for donor trust.

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 Northern Timber Cruisers Inc's IRS 990 filings:

Significant operating deficit in 2023 ($98,561, with expenses of $253,812 exceeding revenue of $155,251).
Substantial decrease in net assets from $136,821 in 2022 to $53,262 in 2023.
Introduction of $15,000 in liabilities in 2023 after years of reporting none.
Inconsistent financial performance with large swings in revenue and expenses year-over-year.

Strengths

The following positive indicators were identified for Northern Timber Cruisers Inc:

Consistent reporting of 0% officer compensation, indicating volunteer leadership.
Long history of IRS 990 filings (13 filings), demonstrating transparency over time.
Significant revenue generation in some years, such as $233,942 in 2022.
Positive net assets, even after the 2023 deficit, indicating some financial reserves.

Frequently Asked Questions about Northern Timber Cruisers Inc

What caused the significant increase in expenses and the resulting deficit in 2023?

The 2023 filing shows expenses of $253,812 against revenue of $155,251, leading to a deficit of nearly $100,000. Understanding the specific drivers of this expenditure increase is crucial for assessing financial stability.

How does Northern Timber Cruisers Inc. plan to address the $15,000 in liabilities reported in 2023?

The introduction of $15,000 in liabilities in 2023, after years of reporting zero liabilities, indicates a new financial obligation that needs to be managed and repaid.

What is the organization's NTEE code and primary programmatic focus?

The NTEE code is currently unknown, which makes it challenging to categorize the organization's mission and compare its financial performance against industry benchmarks for similar nonprofits.

Given the fluctuating revenue and expenses, what are the organization's strategies for long-term financial stability?

Revenue has ranged from $40,754 to $233,942 and expenses from $43,909 to $253,812 over the past decade, indicating a need for robust financial planning to mitigate volatility.

Filing History

IRS 990 filing history for Northern Timber Cruisers Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Northern Timber Cruisers Inc's revenue has grown by 11.7%, moving from $139K to $155K. Total assets increased by 339% over the same period, from $12K to $53K. Total functional expenses rose by 74.7%, from $145K to $254K. In its most recent filing year (2023), Northern Timber Cruisers Inc reported a deficit of $99K, with expenses exceeding revenue. The organization holds $15K in liabilities against $53K in assets (debt-to-asset ratio: 28.2%), resulting in net assets of $38K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$155K	$254K	$53K	$15K	—	—
2022	$234K	$144K	$137K	$0	—	View 990
2021	$115K	$92K	$47K	$0	—	View 990
2020	$42K	$46K	$24K	$0	—	—
2019	$61K	$55K	$28K	$0	—	View 990
2018	$58K	$58K	$21K	$0	—	View 990
2017	$52K	$44K	$21K	$0	—	—
2016	$51K	$52K	$12K	$0	—	View 990
2015	$41K	$46K	$13K	$0	—	View 990
2014	$61K	$60K	$18K	$0	—	View 990
2013	$46K	$41K	$17K	$0	—	View 990
2012	$73K	$73K	$11K	$0	—	View 990
2011	$139K	$145K	$12K	$816	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $155K, expenses of $254K, and assets of $53K (revenue -33.6% year-over-year).
2022: Revenue of $234K, expenses of $144K, and assets of $137K (revenue +104.1% year-over-year).
2021: Revenue of $115K, expenses of $92K, and assets of $47K (revenue +173.7% year-over-year).
2020: Revenue of $42K, expenses of $46K, and assets of $24K (revenue -31.7% year-over-year).
2019: Revenue of $61K, expenses of $55K, and assets of $28K (revenue +5.0% year-over-year).
2018: Revenue of $58K, expenses of $58K, and assets of $21K (revenue +11.4% year-over-year).
2017: Revenue of $52K, expenses of $44K, and assets of $21K (revenue +3.2% year-over-year).
2016: Revenue of $51K, expenses of $52K, and assets of $12K (revenue +24.6% year-over-year).
2015: Revenue of $41K, expenses of $46K, and assets of $13K (revenue -33.6% year-over-year).
2014: Revenue of $61K, expenses of $60K, and assets of $18K (revenue +32.8% year-over-year).
2013: Revenue of $46K, expenses of $41K, and assets of $17K (revenue -36.8% year-over-year).
2012: Revenue of $73K, expenses of $73K, and assets of $11K (revenue -47.3% year-over-year).
2011: Revenue of $139K, expenses of $145K, and assets of $12K.

Data Sources and Methodology

This transparency report for Northern Timber Cruisers 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.