Penobscot Language School
Penobscot Language School operates with consistent deficits, drawing on stable assets, and reports no officer compensation.
EIN: 10432067 · Rockland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $121K |
| Program Spending | 90% |
| Net Assets | $116K |
| Transparency Score | 85/100 |
Is Penobscot Language School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Penobscot Language School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Penobscot Language School
Penobscot Language School (EIN: 10432067) is a nonprofit organization based in Rockland, ME. The organization reported total revenue of $112K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penobscot Language School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penobscot Language School is a small nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $121K |
| Surplus / Deficit | $-9,436 |
| Total Assets | $120K |
| Total Liabilities | $4K |
| Net Assets | $116K |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 11.9 months |
Financial Health Grade: B
In 2024, Penobscot Language School reported a deficit of $9K with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Penobscot Language School's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.5% | +4.5% | -3.4% |
| 2023 | -12.1% | -13.4% | -4.6% |
| 2022 | +7.0% | +3.7% | -4.8% |
| 2021 | +61.8% | +60.4% | -10.3% |
| 2020 | +40.7% | -19.3% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
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 Penobscot Language School 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Penobscot Language School 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size.
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 Penobscot Language School's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $111,692 revenue vs. $121,128 expenses in 202408)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Penobscot Language School:
- Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
- Low liabilities relative to assets ($4,097 liabilities vs. $120,469 assets in 202408), indicating strong financial stability.
- Stable asset base over time, providing a buffer against operating deficits.
Frequently Asked Questions about Penobscot Language School
Is Penobscot Language School a legitimate charity?
Penobscot Language School (EIN: 10432067) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $112K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Penobscot Language School spend its money?
Penobscot Language School directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Penobscot Language School tax-deductible?
Penobscot Language School is registered as a tax-exempt nonprofit (EIN: 10432067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Penobscot Language School located?
Penobscot Language School is headquartered in Rockland, Maine and files with the IRS under EIN 10432067.
How many years of IRS 990 filings does Penobscot Language School have?
Penobscot Language School 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 $112K in total revenue.
Is Penobscot Language School financially sustainable given its recent operating deficits?
While the organization has a stable asset base of $120,469 (202408), it has consistently reported expenses exceeding revenue in the last five periods. This trend, if continued, could erode assets and impact long-term sustainability, despite current low liabilities.
How does the lack of officer compensation impact the organization's operations?
The consistent reporting of 0% officer compensation suggests a highly volunteer-driven leadership or very lean administrative costs, which allows a greater proportion of funds to be directed towards program services, enhancing spending efficiency.
What is the primary source of revenue for Penobscot Language School?
The provided data does not specify the primary source of revenue (e.g., grants, donations, program service fees). Further investigation into the detailed IRS 990 forms would be needed to determine this.
Filing History
IRS 990 filing history for Penobscot Language School showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Penobscot Language School's revenue has declined by 25.1%, moving from $149K to $112K. Total assets increased by 41.7% over the same period, from $85K to $120K. Total functional expenses fell by 20.6%, from $152K to $121K. In its most recent filing year (2024), Penobscot Language School reported a deficit of $9K, with expenses exceeding revenue. The organization holds $4K in liabilities against $120K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $112K | $121K | $120K | $4K | — | — |
| 2023 | $110K | $116K | $125K | $3K | — | View 990 |
| 2022 | $125K | $134K | $131K | $3K | — | View 990 |
| 2021 | $117K | $129K | $137K | $1K | — | View 990 |
| 2020 | $72K | $80K | $153K | $5K | — | View 990 |
| 2019 | $51K | $100K | $156K | $0 | — | View 990 |
| 2018 | $177K | $182K | $205K | $0 | — | View 990 |
| 2017 | $156K | $155K | $209K | $0 | — | View 990 |
| 2016 | $148K | $136K | $208K | $0 | — | View 990 |
| 2015 | $227K | $105K | $197K | $0 | — | View 990 |
| 2014 | $125K | $119K | $75K | $0 | — | View 990 |
| 2013 | $141K | $140K | $75K | $6K | — | View 990 |
| 2012 | $163K | $160K | $83K | $15K | — | View 990 |
| 2011 | $149K | $152K | $85K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $112K, expenses of $121K, and assets of $120K (revenue +1.5% year-over-year).
- 2023: Revenue of $110K, expenses of $116K, and assets of $125K (revenue -12.1% year-over-year).
- 2022: Revenue of $125K, expenses of $134K, and assets of $131K (revenue +7.0% year-over-year).
- 2021: Revenue of $117K, expenses of $129K, and assets of $137K (revenue +61.8% year-over-year).
- 2020: Revenue of $72K, expenses of $80K, and assets of $153K (revenue +40.7% year-over-year).
- 2019: Revenue of $51K, expenses of $100K, and assets of $156K (revenue -70.9% year-over-year).
- 2018: Revenue of $177K, expenses of $182K, and assets of $205K (revenue +13.5% year-over-year).
- 2017: Revenue of $156K, expenses of $155K, and assets of $209K (revenue +5.3% year-over-year).
- 2016: Revenue of $148K, expenses of $136K, and assets of $208K (revenue -34.9% year-over-year).
- 2015: Revenue of $227K, expenses of $105K, and assets of $197K (revenue +81.4% year-over-year).
- 2014: Revenue of $125K, expenses of $119K, and assets of $75K (revenue -11.0% year-over-year).
- 2013: Revenue of $141K, expenses of $140K, and assets of $75K (revenue -13.7% year-over-year).
- 2012: Revenue of $163K, expenses of $160K, and assets of $83K (revenue +9.3% year-over-year).
- 2011: Revenue of $149K, expenses of $152K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penobscot Language School:
Data Sources and Methodology
This transparency report for Penobscot Language School 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.