Palermo Community Foundation
Palermo Community Foundation reports no revenue or assets in its latest filing.
EIN: 10510937 · Palermo, ME · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Search Intent Cockpit
Palermo Community Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Palermo Community Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Palermo Community Foundation in one place.
Form 990 Filing Summary
IRS filing history is being prepared for Palermo Community Foundation.
Revenue and Expenses
Revenue, expense, and surplus data is shown where available from IRS 990 records.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
50/100 mission score, 2 red flags, and 1 strength are shown from structured and AI review.
Is Palermo Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Palermo Community Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | None filing record; 2 red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade D | Filing history pending |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
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Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Palermo, ME nonprofitsEducation in Maine
Education in Maine
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Education spending
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Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Some Concerns. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
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Keep the Investigation Moving
About Palermo Community Foundation
Palermo Community Foundation (EIN: 10510937) is a nonprofit organization based in Palermo, ME, classified under NTEE code B70. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palermo Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
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 Palermo Community Foundation with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Palermo Community Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation data is available as the organization reported $0 in revenue and assets, indicating no operational activity to support such expenses.
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 Palermo Community Foundation's IRS 990 filings:
- No reported revenue or assets, suggesting inactivity or new formation without operations.
- Lack of financial data prevents any assessment of financial health or program impact.
Strengths
The following positive indicators were identified for Palermo Community Foundation:
- No reported liabilities, as there are no assets or revenue.
Frequently Asked Questions about Palermo Community Foundation
Is Palermo Community Foundation a legitimate charity?
Palermo Community Foundation (EIN: 10510937) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 50/100. 2 red flags identified. 1 strength noted. Financial health grade: D.
How does Palermo Community Foundation spend its money?
Palermo Community Foundation reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Palermo Community Foundation tax-deductible?
Palermo Community Foundation is registered as a tax-exempt nonprofit (EIN: 10510937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Palermo Community Foundation CEO make?
Palermo Community Foundation's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Palermo Community Foundation compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Palermo Community Foundation is near average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Palermo Community Foundation located?
Palermo Community Foundation is headquartered in Palermo, Maine and files with the IRS under EIN 10510937. It is classified under NTEE code B70.
Is Palermo Community Foundation a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, there is no financial activity to evaluate its effectiveness as a charity. It appears to be inactive or newly established.
What are Palermo Community Foundation's primary programs?
With $0 in program spending reported, the organization does not appear to have any active programs according to its latest filing.
Data Sources and Methodology
This transparency report for Palermo Community Foundation 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.