Old Head Tide Church Committee
Old Head Tide Church Committee reports a significant surplus and asset growth with zero officer compensation.
EIN: 10365485 · Alna, ME · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $30K |
| Program Spending | 80% |
| Net Assets | $102K |
| Transparency Score | 85/100 |
Is Old Head Tide Church Committee Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Old Head Tide Church Committee directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Old Head Tide Church Committee
Old Head Tide Church Committee (EIN: 10365485) is a nonprofit organization based in Alna, ME, classified under NTEE code A80. The organization reported total revenue of $54K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old Head Tide Church Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Old Head Tide Church Committee is a micro nonprofit that has been operating for 17 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $30K |
| Surplus / Deficit | +$29K |
| Total Assets | $102K |
| Net Assets | $102K |
| Operating Margin | 49.3% |
| Months of Reserves | 41.2 months |
Financial Health Grade: A
In 2023, Old Head Tide Church Committee reported a surplus of $29K with revenue exceeding expenses, holds 41.2 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Old Head Tide Church Committee 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, Old Head Tide Church Committee 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 surplus of $29K, with revenue exceeding expenses.
Executive Compensation Analysis
The Old Head Tide Church Committee reported 0% officer compensation, indicating that its leadership is likely volunteer-based, which is commendable for a small organization and helps maximize funds for its mission.
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 Old Head Tide Church Committee's IRS 990 filings:
- Limited financial transparency due to only one filing available
- Lack of detailed expense breakdown to fully assess program vs. administrative spending
Strengths
The following positive indicators were identified for Old Head Tide Church Committee:
- Strong financial health with significant asset growth ($60,968 to $101,584)
- Zero liabilities reported, indicating fiscal responsibility
- No officer compensation, suggesting a volunteer-driven model and efficient use of funds
- Positive net income in the latest reported period ($58,297 revenue vs. $29,583 expenses)
Frequently Asked Questions about Old Head Tide Church Committee
Is Old Head Tide Church Committee a legitimate charity?
Based on AI analysis of IRS 990 filings, Old Head Tide Church Committee (EIN: 10365485) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Old Head Tide Church Committee spend its money?
Old Head Tide Church Committee directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Old Head Tide Church Committee tax-deductible?
Old Head Tide Church Committee is registered as a tax-exempt nonprofit (EIN: 10365485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Old Head Tide Church Committee's spending goes to programs?
Old Head Tide Church Committee directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Old Head Tide Church Committee compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Old Head Tide Church Committee is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Old Head Tide Church Committee located?
Old Head Tide Church Committee is headquartered in Alna, Maine and files with the IRS under EIN 10365485. It is classified under NTEE code A80.
Is Old Head Tide Church Committee a good charity?
Based on the available data, the Old Head Tide Church Committee appears to be a financially sound organization with strong asset growth and no liabilities. The absence of officer compensation is a positive indicator of efficiency. However, without detailed expense breakdowns, a full assessment of program effectiveness is limited.
How does Old Head Tide Church Committee manage its expenses?
In the 202312 period, the organization's expenses were $29,583 against revenues of $58,297, indicating a significant surplus. The lack of officer compensation suggests a lean operational model, likely relying on volunteers.
What is the financial trend of Old Head Tide Church Committee?
With only one filing available (202312), it's difficult to establish a trend. However, the single filing shows strong financial performance with a substantial increase in assets from $60,968 to $101,584 and zero liabilities.
Filing History
IRS 990 filing history for Old Head Tide Church Committee showing financial trends over 1 year of public records:
In its most recent filing year (2023), Old Head Tide Church Committee reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $30K | $102K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Old Head Tide Church Committee:
Data Sources and Methodology
This transparency report for Old Head Tide Church Committee 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.