Philbrook Charitable Corporation
EIN: 814738454 · Island Falls, ME · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $46K |
| Total Expenses | $24K |
| Net Assets | $167K |
Is Philbrook Charitable Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Philbrook Charitable Corporation
Philbrook Charitable Corporation (EIN: 814738454) is a nonprofit organization based in Island Falls, ME, classified under NTEE code T20. The organization reported total revenue of $46K and total assets of $182K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philbrook Charitable Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philbrook Charitable Corporation is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 19.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $24K |
| Surplus / Deficit | $-8,222 |
| Total Assets | $167K |
| Total Liabilities | $1 |
| Net Assets | $167K |
| Operating Margin | -53.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 84.9 months |
Financial Health Grade: B
In 2023, Philbrook Charitable Corporation reported a deficit of $8K with expenses exceeding revenue, holds 84.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Philbrook Charitable Corporation's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +110.1% | +191.2% | -3.2% |
| 2022 | -18.0% | -71.9% | +4.8% |
| 2021 | +551.3% | +584.5% | -10.8% |
| 2020 | -81.9% | -36.1% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Philbrook Charitable Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Philbrook Charitable Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Philbrook Charitable Corporation
Is Philbrook Charitable Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Philbrook Charitable Corporation (EIN: 814738454) insufficient data. 0 red flags identified, 0 strengths noted.
How does Philbrook Charitable Corporation spend its money?
Detailed spending breakdown data is not yet available for Philbrook Charitable Corporation. Check back for updated IRS 990 analysis.
Are donations to Philbrook Charitable Corporation tax-deductible?
Philbrook Charitable Corporation is registered as a tax-exempt nonprofit (EIN: 814738454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Philbrook Charitable Corporation located?
Philbrook Charitable Corporation is headquartered in Island Falls, Maine and files with the IRS under EIN 814738454. It is classified under NTEE code T20.
How many years of IRS 990 filings does Philbrook Charitable Corporation have?
Philbrook Charitable Corporation has 5 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 $46K in total revenue.
Filing History
IRS 990 filing history for Philbrook Charitable Corporation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Philbrook Charitable Corporation's revenue has grown by 103.1%, moving from $8K to $15K. Total assets decreased by 10.9% over the same period, from $188K to $167K. Total functional expenses rose by 258.3%, from $7K to $24K. In its most recent filing year (2023), Philbrook Charitable Corporation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $167K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $167K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $24K | $167K | $1 | — | — |
| 2022 | $7K | $8K | $173K | $1 | — | — |
| 2021 | $9K | $29K | $165K | $1 | — | — |
| 2020 | $1K | $4K | $185K | $1 | — | — |
| 2019 | $8K | $7K | $188K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $24K, and assets of $167K (revenue +110.1% year-over-year).
- 2022: Revenue of $7K, expenses of $8K, and assets of $173K (revenue -18.0% year-over-year).
- 2021: Revenue of $9K, expenses of $29K, and assets of $165K (revenue +551.3% year-over-year).
- 2020: Revenue of $1K, expenses of $4K, and assets of $185K (revenue -81.9% year-over-year).
- 2019: Revenue of $8K, expenses of $7K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philbrook Charitable Corporation:
Data Sources and Methodology
This transparency report for Philbrook Charitable Corporation 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.