People Plus
People Plus faces recent operational deficits despite historical asset growth and no reported officer compensation.
EIN: 10349949 · Brunswick, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $965K |
| Total Expenses | $766K |
| Program Spending | 85% |
| Net Assets | $532K |
| Transparency Score | 85/100 |
Is People Plus Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
People Plus directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About People Plus
People Plus (EIN: 10349949) is a nonprofit organization based in Brunswick, ME. The organization reported total revenue of $965K and total assets of $697K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of People Plus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
People Plus is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $697K |
| Total Expenses | $766K |
| Surplus / Deficit | $-68,793 |
| Total Assets | $568K |
| Total Liabilities | $35K |
| Net Assets | $532K |
| Operating Margin | -9.9% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 8.9 months |
Financial Health Grade: B
In 2023, People Plus reported a deficit of $69K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), People Plus's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.8% | +6.6% | -9.5% |
| 2022 | -41.8% | +24.0% | -17.0% |
| 2021 | +79.2% | +8.3% | +141.3% |
| 2020 | +9.1% | +5.1% | +17.3% |
| 2019 | +1.0% | +3.5% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 People Plus 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: 85%
- fundraising: 5%
According to IRS 990 filings, People Plus allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a deficit of $69K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.2%.
Executive Compensation Analysis
People Plus consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit 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 People Plus's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (202206 and 202306), indicating operational deficits.
- A significant drop in assets from $755,984 in 202106 to $567,711 in 202306, potentially due to the operational deficits.
Strengths
The following positive indicators were identified for People Plus:
- Consistent reporting of 0% officer compensation, demonstrating strong financial ethics.
- Significant growth in assets over the long term, from $118,480 in 201406 to $567,711 in 202306.
- Strong revenue performance in 202106 ($1,024,728) which likely helped build reserves.
Frequently Asked Questions about People Plus
Is People Plus a legitimate charity?
People Plus (EIN: 10349949) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $965K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does People Plus spend its money?
People Plus directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to People Plus tax-deductible?
People Plus is registered as a tax-exempt nonprofit (EIN: 10349949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of People Plus's spending goes to programs?
People Plus directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is People Plus located?
People Plus is headquartered in Brunswick, Maine and files with the IRS under EIN 10349949.
How many years of IRS 990 filings does People Plus have?
People Plus has 13 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 $965K in total revenue.
Is People Plus a good charity?
Based on the available data, People Plus appears to be a good charity, particularly due to its commitment to not paying officer compensation and its historical asset growth. However, recent operational deficits in 202206 and 202306 where expenses exceeded revenue ($718,015 vs $596,558 and $765,554 vs $696,761 respectively) suggest a need for closer scrutiny of their financial management to ensure long-term sustainability.
What caused the significant revenue spike in 202106?
The IRS 990 data shows a significant revenue spike to $1,024,728 in the 202106 period, nearly double the previous year's revenue of $571,800. Without further detail from the full 990 filing, it's impossible to pinpoint the exact cause, but it could be attributed to a major grant, a successful fundraising campaign, or an unusual donation.
How does People Plus manage its liabilities?
People Plus generally maintains low liabilities relative to its assets. For example, in 202306, liabilities were $35,278 against assets of $567,711, indicating a healthy balance sheet. Liabilities have remained relatively stable and manageable over the years.
Filing History
IRS 990 filing history for People Plus showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), People Plus's revenue has grown by 160%, moving from $268K to $697K. Total assets increased by 1289.2% over the same period, from $41K to $568K. Total functional expenses rose by 188.6%, from $265K to $766K. In its most recent filing year (2023), People Plus reported a deficit of $69K, with expenses exceeding revenue. The organization holds $35K in liabilities against $568K in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $532K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $697K | $766K | $568K | $35K | — | View 990 |
| 2022 | $597K | $718K | $627K | $26K | — | View 990 |
| 2021 | $1.0M | $579K | $756K | $33K | — | View 990 |
| 2020 | $572K | $535K | $313K | $36K | — | View 990 |
| 2019 | $524K | $509K | $267K | $27K | — | View 990 |
| 2018 | $519K | $492K | $256K | $30K | — | View 990 |
| 2017 | $444K | $457K | $226K | $28K | — | View 990 |
| 2016 | $477K | $416K | $238K | $27K | — | View 990 |
| 2015 | $445K | $388K | $176K | $19K | — | View 990 |
| 2014 | $384K | $400K | $118K | $19K | — | View 990 |
| 2013 | $335K | $281K | $132K | $17K | — | View 990 |
| 2012 | $312K | $279K | $80K | $19K | — | View 990 |
| 2011 | $268K | $265K | $41K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $697K, expenses of $766K, and assets of $568K (revenue +16.8% year-over-year).
- 2022: Revenue of $597K, expenses of $718K, and assets of $627K (revenue -41.8% year-over-year).
- 2021: Revenue of $1.0M, expenses of $579K, and assets of $756K (revenue +79.2% year-over-year).
- 2020: Revenue of $572K, expenses of $535K, and assets of $313K (revenue +9.1% year-over-year).
- 2019: Revenue of $524K, expenses of $509K, and assets of $267K (revenue +1.0% year-over-year).
- 2018: Revenue of $519K, expenses of $492K, and assets of $256K (revenue +16.9% year-over-year).
- 2017: Revenue of $444K, expenses of $457K, and assets of $226K (revenue -7.0% year-over-year).
- 2016: Revenue of $477K, expenses of $416K, and assets of $238K (revenue +7.2% year-over-year).
- 2015: Revenue of $445K, expenses of $388K, and assets of $176K (revenue +15.9% year-over-year).
- 2014: Revenue of $384K, expenses of $400K, and assets of $118K (revenue +14.6% year-over-year).
- 2013: Revenue of $335K, expenses of $281K, and assets of $132K (revenue +7.6% year-over-year).
- 2012: Revenue of $312K, expenses of $279K, and assets of $80K (revenue +16.3% year-over-year).
- 2011: Revenue of $268K, expenses of $265K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for People Plus:
Data Sources and Methodology
This transparency report for People Plus 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.