Peaks Island Childrens Workshop

Peaks Island Childrens Workshop shows strong revenue growth and no reported officer compensation, indicating efficient operations.

EIN: 10482767 · Peaks Island, ME · NTEE: O99Z · Updated: 2026-03-28

$379KRevenue
$538KAssets
92/100Mission Score (Excellent)
O99Z
Peaks Island Childrens Workshop Financial Summary
MetricValue
Total Revenue$379K
Total Expenses$289K
Program Spending90%
Net Assets$434K
Transparency Score92/100

Search Intent Cockpit

Peaks Island Childrens Workshop Form 990, Revenue, CEO Pay, and IRS Filing Signals

Peaks Island Childrens Workshop 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 Peaks Island Childrens Workshop in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $422K and expenses of $289K.

Revenue and Expenses

Peaks Island Childrens Workshop reported $422K in revenue and $289K in expenses, a surplus of $133K.

Executive Compensation

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

Charity Score and Red Flags

92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Peaks Island Childrens Workshop Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed 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
90%Program Expense
$0Grants Paid
14Stored 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

Peaks Island Childrens Workshop Expense Deployment
Program services$260K (90%)

Across stored filings, Peaks Island Childrens Workshop shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

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Peaks Island Childrens Workshop Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A14 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Category O context

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Peaks Island Childrens Workshop directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Peaks Island Childrens Workshop

Peaks Island Childrens Workshop (EIN: 10482767) is a nonprofit organization based in Peaks Island, ME, classified under NTEE code O99Z. The organization reported total revenue of $379K and total assets of $538K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peaks Island Childrens Workshop's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

33Years Operating
SmallSize Classification
14Years of Filings
MixedRevenue Trajectory

Peaks Island Childrens Workshop is a small nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$422K
Total Expenses$289K
Surplus / Deficit+$133K
Total Assets$525K
Total Liabilities$90K
Net Assets$434K
Operating Margin31.6%
Debt-to-Asset Ratio17.2%
Months of Reserves21.8 months

Financial Health Grade: A

In 2023, Peaks Island Childrens Workshop reported a surplus of $133K with revenue exceeding expenses, holds 21.8 months of operating reserves (strong position), has a debt-to-asset ratio of 17.2% (very low leverage).

Financial Trends

Over 14 years of filings (2011–2023), Peaks Island Childrens Workshop's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+39.6%+7.9%+32.8%
2022+56.4%+28.7%+8.5%
2021+26.7%+50.7%-2.4%
2020-20.1%-25.3%+36.0%
2019+1.5%-4.5%+2.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1993

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

AI Transparency Report

Peaks Island Childrens Workshop demonstrates a generally healthy financial trajectory, particularly in recent years. The organization has shown consistent revenue growth, with a significant jump from $193,387 in 2021 to $422,150 in 2023, indicating strong community support or successful fundraising efforts. This growth has allowed for an increase in assets, reaching $524,566 in 2023, while maintaining manageable liabilities. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean administrative structure, which is a positive indicator for donor confidence and efficient use of funds. The organization's spending efficiency appears robust, as evidenced by the 2023 filing where expenses were $288,842 against revenues of $422,150, resulting in a substantial surplus. This surplus contributes to asset growth and financial stability. The absence of reported officer compensation further reinforces the impression of a highly efficient operation, likely directing a large proportion of its budget directly to program services. The consistent filing of IRS Form 990s over 14 periods also points to a commitment to transparency and regulatory compliance. Overall, Peaks Island Childrens Workshop appears to be a financially sound and well-managed nonprofit. Its growth in revenue and assets, coupled with low liabilities and no reported officer compensation, paints a picture of an organization effectively utilizing its resources to achieve its mission. The consistent financial reporting further enhances its transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Peaks Island Childrens Workshop with a Mission Score of 92 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Peaks Island Childrens Workshop allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:

$422KTotal Revenue
$289KTotal Expenses
$525KTotal Assets
$90KTotal Liabilities
$434KNet Assets
  • The organization reported a surplus of $133K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 17.2%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.

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.

Strengths

The following positive indicators were identified for Peaks Island Childrens Workshop:

  • Strong revenue growth, particularly from $193,387 in 2021 to $422,150 in 2023.
  • Consistent reporting of 0% officer compensation, indicating efficient use of funds.
  • Healthy asset growth, reaching $524,566 in 2023.
  • Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency.
  • Positive net income in recent years, contributing to financial stability (e.g., $422,150 revenue vs. $288,842 expenses in 2023).

Frequently Asked Questions about Peaks Island Childrens Workshop

Is Peaks Island Childrens Workshop a legitimate charity?

Peaks Island Childrens Workshop (EIN: 10482767) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $379K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Peaks Island Childrens Workshop spend its money?

Peaks Island Childrens Workshop directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Peaks Island Childrens Workshop tax-deductible?

Peaks Island Childrens Workshop is registered as a tax-exempt nonprofit (EIN: 10482767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Peaks Island Childrens Workshop compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Peaks Island Childrens Workshop is above average for NTEE category O99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Peaks Island Childrens Workshop located?

Peaks Island Childrens Workshop is headquartered in Peaks Island, Maine and files with the IRS under EIN 10482767. It is classified under NTEE code O99Z.

How many years of IRS 990 filings does Peaks Island Childrens Workshop have?

Peaks Island Childrens Workshop has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $379K in total revenue.

Is Peaks Island Childrens Workshop a good charity?

Based on the financial data, Peaks Island Childrens Workshop appears to be a very good charity. It demonstrates strong financial health, significant revenue growth (e.g., $193,387 in 2021 to $422,150 in 2023), and a commitment to directing resources to its mission, as evidenced by 0% officer compensation.

How has the organization's financial health changed over time?

The organization has shown significant financial improvement, particularly in recent years. Revenue has more than doubled from $193,387 in 2021 to $422,150 in 2023, and assets have grown from $364,122 in 2021 to $524,566 in 2023, indicating increasing stability and capacity.

What is the organization's approach to executive compensation?

Peaks Island Childrens Workshop reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or a structure where executive roles are not compensated, which is a strong positive for donor trust and efficiency.

Filing History

IRS 990 filing history for Peaks Island Childrens Workshop showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Peaks Island Childrens Workshop's revenue has grown by 85.2%, moving from $228K to $422K. Total assets increased by 99.3% over the same period, from $263K to $525K. Total functional expenses rose by 9.7%, from $263K to $289K. In its most recent filing year (2023), Peaks Island Childrens Workshop reported a surplus of $133K, with revenue exceeding expenses. The organization holds $90K in liabilities against $525K in assets (debt-to-asset ratio: 17.2%), resulting in net assets of $434K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $422K $289K $525K $90K
2022 $302K $268K $395K $94K View 990
2021 $193K $208K $364K $98K View 990
2020 $153K $138K $373K $92K
2019 $191K $185K $274K $8K View 990
2018 $188K $193K $268K $8K View 990
2017 $198K $199K $280K $14K View 990
2016 $206K $211K $287K $20K View 990
2015 $199K $195K $278K $6K View 990
2014 $192K $184K $273K $5K View 990
2013 $198K $200K $266K $6K View 990
2012 $74K $53K $274K $12K View 990
2012 $188K $181K $261K $20K View 990
2011 $228K $263K $263K $29K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $422K, expenses of $289K, and assets of $525K (revenue +39.6% year-over-year).
  • 2022: Revenue of $302K, expenses of $268K, and assets of $395K (revenue +56.4% year-over-year).
  • 2021: Revenue of $193K, expenses of $208K, and assets of $364K (revenue +26.7% year-over-year).
  • 2020: Revenue of $153K, expenses of $138K, and assets of $373K (revenue -20.1% year-over-year).
  • 2019: Revenue of $191K, expenses of $185K, and assets of $274K (revenue +1.5% year-over-year).
  • 2018: Revenue of $188K, expenses of $193K, and assets of $268K (revenue -5.0% year-over-year).
  • 2017: Revenue of $198K, expenses of $199K, and assets of $280K (revenue -3.7% year-over-year).
  • 2016: Revenue of $206K, expenses of $211K, and assets of $287K (revenue +3.2% year-over-year).
  • 2015: Revenue of $199K, expenses of $195K, and assets of $278K (revenue +3.8% year-over-year).
  • 2014: Revenue of $192K, expenses of $184K, and assets of $273K (revenue -3.0% year-over-year).
  • 2013: Revenue of $198K, expenses of $200K, and assets of $266K (revenue +168.7% year-over-year).
  • 2012: Revenue of $74K, expenses of $53K, and assets of $274K (revenue -60.7% year-over-year).
  • 2012: Revenue of $188K, expenses of $181K, and assets of $261K (revenue -17.7% year-over-year).
  • 2011: Revenue of $228K, expenses of $263K, and assets of $263K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Peaks Island Childrens Workshop:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Peaks Island Childrens Workshop 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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