Parker Pond Association Inc
Parker Pond Association Inc reported $5,220 in revenue and $3,206 in expenses in its last available 2010 filing.
EIN: 16022776 · Vienna, ME · NTEE: C27 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Program Spending | 75% |
| Net Assets | $37K |
| Transparency Score | 60/100 |
Is Parker Pond Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Parker Pond Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Parker Pond Association Inc
Parker Pond Association Inc (EIN: 16022776) is a nonprofit organization based in Vienna, ME, classified under NTEE code C27. 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 Parker Pond Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parker Pond Association Inc is a micro nonprofit that has been operating for 22 years.
Key Financial Metrics (2010)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $3K |
| Surplus / Deficit | +$2K |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | 38.6% |
| Months of Reserves | 138.9 months |
Financial Health Grade: A
In 2010, Parker Pond Association Inc reported a surplus of $2K with revenue exceeding expenses, holds 138.9 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2004 |
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 Parker Pond Association Inc with a Mission Score of 60 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: 75%
- fundraising: 10%
According to IRS 990 filings, Parker Pond Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2010)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
In its 2010 filing, Parker Pond Association Inc reported 0% officer compensation, indicating that its leadership was likely volunteer-based or received no salary, which is common for very small organizations.
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 Parker Pond Association Inc's IRS 990 filings:
- No recent IRS 990 filings available since 2010, hindering current financial assessment.
- Reported $0 in latest revenue and assets, suggesting potential inactivity or reporting issues if the organization is still operational.
Strengths
The following positive indicators were identified for Parker Pond Association Inc:
- No officer compensation reported in 2010, indicating efficient use of funds for a small organization.
- Positive net assets of $37,106 with no liabilities in 2010, showing financial stability at that time.
Frequently Asked Questions about Parker Pond Association Inc
Is Parker Pond Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parker Pond Association Inc (EIN: 16022776) some concerns. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
How does Parker Pond Association Inc spend its money?
Parker Pond Association Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Parker Pond Association Inc tax-deductible?
Parker Pond Association Inc is registered as a tax-exempt nonprofit (EIN: 16022776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Parker Pond Association Inc's spending goes to programs?
Parker Pond Association Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Parker Pond Association Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Parker Pond Association Inc is above average for NTEE category C27 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Parker Pond Association Inc located?
Parker Pond Association Inc is headquartered in Vienna, Maine and files with the IRS under EIN 16022776. It is classified under NTEE code C27.
Is Parker Pond Association Inc still active?
Based on the provided data, the latest filing is from 2010. Without more recent filings, it's unclear if the organization is still active and operating.
What are the current financial activities of Parker Pond Association Inc?
The provided data only includes a 2010 filing. There is no information on current revenue, expenses, or assets beyond that period.
How does Parker Pond Association Inc fund its operations?
In 2010, the organization generated $5,220 in revenue. The specific sources of this revenue are not detailed in the provided summary, but for small nonprofits, it often comes from donations, membership fees, or small grants.
Filing History
IRS 990 filing history for Parker Pond Association Inc showing financial trends over 1 year of public records:
In its most recent filing year (2010), Parker Pond Association Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2010 | $5K | $3K | $37K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parker Pond Association Inc:
Data Sources and Methodology
This transparency report for Parker Pond Association 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.