Parents Alternative To Latchkey

Parents Alternative To Latchkey experienced significant revenue growth after a deficit in 2020.

EIN: 10447337 · York, ME · NTEE: P33 · Updated: 2026-03-28

$383KRevenue
$74KAssets
75/100Mission Score (Good)
P33
Parents Alternative To Latchkey Financial Summary
MetricValue
Total Revenue$383K
Total Expenses$94K
Program Spending80%
Net Assets$14K
Transparency Score75/100

Search Intent Cockpit

Parents Alternative To Latchkey Form 990, Revenue, CEO Pay, and IRS Filing Signals

Parents Alternative To Latchkey 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 Parents Alternative To Latchkey in one place.

Form 990 Filing Summary

1 filing year are available, with latest revenue of $85K and expenses of $94K.

Revenue and Expenses

Parents Alternative To Latchkey reported $85K in revenue and $94K in expenses, a deficit of $10K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 1 red flag, and 3 strengths are shown from structured and AI review.

Is Parents Alternative To Latchkey Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
1Stored Filing Years

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

Parents Alternative To Latchkey Expense Deployment
Program services$75K (80%)

Across stored filings, Parents Alternative To Latchkey shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Parents Alternative To Latchkey Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsLimited filing record; 1 red flag identified
Mission spend80% to programsExcellent
Financial durabilityGrade C1 stored filing year
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Human Services context

Trust Check

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Peer Benchmark

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Local and Sector Spokes

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Follow the Money

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Donation Decision Flow

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1

Verify

Some Concerns. Check deductibility, filings, and red flags.

2

Understand money

80% of spending goes to programs.

3

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4

Decide

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Next Best Actions

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Inspect local compensation

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Parents Alternative To Latchkey directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Parents Alternative To Latchkey

Parents Alternative To Latchkey (EIN: 10447337) is a nonprofit organization based in York, ME, classified under NTEE code P33. The organization reported total revenue of $383K and total assets of $74K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parents Alternative To Latchkey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

3Years Operating
SmallSize Classification
1Years of Filings
StableRevenue Trajectory

Parents Alternative To Latchkey is a small nonprofit that has been operating for 3 years.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$85K
Total Expenses$94K
Surplus / Deficit$-9,632
Total Assets$14K
Total Liabilities$393
Net Assets$14K
Operating Margin-11.4%
Debt-to-Asset Ratio2.8%
Months of Reserves1.8 months

Financial Health Grade: C

In 2020, Parents Alternative To Latchkey reported a deficit of $10K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 2.8% (very low leverage).

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2023

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Parents Alternative To Latchkey (PATL) appears to be a small but growing organization based on its latest available financial data. In the 2020 fiscal period, the organization reported revenues of $84,522 against expenses of $94,154, indicating a deficit for that year. However, more recent data shows a significant increase in revenue to $382,754 and assets to $74,089, suggesting a period of substantial growth and improved financial standing. The organization's officer compensation was reported as 0% in 2020, which is a positive indicator of resource allocation directly to its mission rather than executive salaries. While the 2020 filing shows a net loss, the subsequent revenue growth is a strong positive sign for its financial health. Further detailed breakdowns of recent expenses would be needed to fully assess spending efficiency beyond the 2020 data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Parents Alternative To Latchkey with a Mission Score of 75 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, Parents Alternative To Latchkey 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 (2020)

From the most recent IRS 990 filing on record:

$85KTotal Revenue
$94KTotal Expenses
$14KTotal Assets
$393Total Liabilities
$14KNet Assets
  • The organization reported a deficit of $10K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 2.8%.

Executive Compensation Analysis

In the 2020 filing, officer compensation was reported as 0%, indicating that no salaries were paid to officers, which is common for very small or volunteer-led organizations and suggests resources are directed elsewhere.

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 Parents Alternative To Latchkey's IRS 990 filings:

  • Deficit spending in 2020 ($94,154 expenses vs. $84,522 revenue)

Strengths

The following positive indicators were identified for Parents Alternative To Latchkey:

  • Significant revenue growth from $84,522 (2020) to $382,754 (latest)
  • Zero officer compensation reported in 2020, indicating efficient use of funds for mission
  • Substantial asset growth from $14,179 (2020) to $74,089 (latest)

Frequently Asked Questions about Parents Alternative To Latchkey

Is Parents Alternative To Latchkey a legitimate charity?

Parents Alternative To Latchkey (EIN: 10447337) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. Total revenue: $383K. 1 red flag identified. 3 strengths noted. Financial health grade: C.

How does Parents Alternative To Latchkey spend its money?

Parents Alternative To Latchkey directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Parents Alternative To Latchkey tax-deductible?

Parents Alternative To Latchkey is registered as a tax-exempt nonprofit (EIN: 10447337). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Parents Alternative To Latchkey's spending goes to programs?

Parents Alternative To Latchkey directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Parents Alternative To Latchkey compare to similar nonprofits?

With a transparency score of 75/100 (Good), Parents Alternative To Latchkey is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Parents Alternative To Latchkey located?

Parents Alternative To Latchkey is headquartered in York, Maine and files with the IRS under EIN 10447337. It is classified under NTEE code P33.

Is Parents Alternative To Latchkey financially stable given the 2020 deficit?

While Parents Alternative To Latchkey reported a deficit in 2020 with expenses exceeding revenue ($94,154 vs. $84,522), its latest reported revenue of $382,754 suggests a significant turnaround and improved financial stability since that period.

How does Parents Alternative To Latchkey's asset growth compare to its revenue growth?

Parents Alternative To Latchkey's assets grew from $14,179 in 2020 to $74,089 currently, while revenue increased from $84,522 to $382,754. Both show substantial growth, indicating a healthy expansion of the organization's financial base.

Filing History

IRS 990 filing history for Parents Alternative To Latchkey showing financial trends over 1 year of public records:

In its most recent filing year (2020), Parents Alternative To Latchkey reported a deficit of $10K, with expenses exceeding revenue. The organization holds $393 in liabilities against $14K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $14K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $85K $94K $14K $393

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Parents Alternative To Latchkey:

2020 Filing

Data Sources and Methodology

This transparency report for Parents Alternative To Latchkey 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.

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