Pine Tree Quilters Guild

Pine Tree Quilters Guild maintains stable assets and zero officer compensation over a decade.

EIN: 10383489 · Augusta, ME · Updated: 2026-03-28

$178KRevenue
$43KGross Revenue
$102KAssets
90/100Mission Score (Excellent)
Pine Tree Quilters Guild Financial Summary
MetricValue
Total Revenue$178K
Total Expenses$46K
Program Spending90%
Net Assets$100K
Transparency Score90/100

Is Pine Tree Quilters Guild 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 →

Pine Tree Quilters Guild directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Pine Tree Quilters Guild

Pine Tree Quilters Guild (EIN: 10383489) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $178K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pine Tree Quilters Guild's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

44Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Pine Tree Quilters Guild is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$50K
Total Expenses$46K
Surplus / Deficit+$4K
Total Assets$109K
Total Liabilities$8K
Net Assets$100K
Operating Margin8.0%
Debt-to-Asset Ratio7.8%
Months of Reserves28.4 months

Financial Health Grade: A

In 2023, Pine Tree Quilters Guild reported a surplus of $4K with revenue exceeding expenses, holds 28.4 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Pine Tree Quilters Guild's revenue has declined at a compound annual growth rate (CAGR) of -4.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+117.6%+15.1%+7.9%
2022-8.3%+24.5%-13.1%
2021+283.4%+3.3%-4.8%
2020-86.8%-9.9%-17.2%
2019+14.0%-21.6%+11.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1982

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

AI Transparency Report

The Pine Tree Quilters Guild demonstrates consistent financial stability with assets generally exceeding liabilities, indicating a healthy balance sheet. Over the past decade, the organization has maintained assets well over $100,000, reaching a high of $147,102 in 2019 and currently standing at $108,803 as of 2023. Revenue and expenses fluctuate year-to-year, with some periods showing a deficit (e.g., 2022 with $22,981 revenue against $39,950 expenses) and others a surplus (e.g., 2023 with $49,997 revenue against $45,988 expenses). This fluctuation is common for smaller non-profits, but the overall asset base suggests prudent management. The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This indicates that the organization is run by volunteers, which significantly reduces administrative overhead and maximizes the proportion of funds available for program activities. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't explicitly provided in the summary data, the absence of paid executive staff is a strong indicator of efficient resource allocation. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency. Overall, the Pine Tree Quilters Guild appears to be a financially sound and efficiently run organization. Its consistent asset base, volunteer-led structure, and regular financial disclosures point to a well-managed entity focused on its mission. The fluctuations in annual revenue and expenses are typical for a smaller guild, but the long-term financial health remains robust.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pine Tree Quilters Guild with a Mission Score of 90 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: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Pine Tree Quilters Guild allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:

$50KTotal Revenue
$46KTotal Expenses
$109KTotal Assets
$8KTotal Liabilities
$100KNet Assets
  • The organization reported a surplus of $4K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 7.8%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization is entirely volunteer-led, which is highly efficient for a nonprofit of this 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.

Strengths

The following positive indicators were identified for Pine Tree Quilters Guild:

  • Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
  • Stable asset base, generally over $100,000, providing financial resilience.
  • Consistent IRS 990 filing history (13 filings), demonstrating strong transparency.
  • Low liabilities relative to assets, indicating good financial health.
  • Ability to manage fluctuating revenues while maintaining financial stability.

Frequently Asked Questions about Pine Tree Quilters Guild

Is Pine Tree Quilters Guild a legitimate charity?

Pine Tree Quilters Guild (EIN: 10383489) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $178K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Pine Tree Quilters Guild spend its money?

Pine Tree Quilters Guild directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Pine Tree Quilters Guild tax-deductible?

Pine Tree Quilters Guild is registered as a tax-exempt nonprofit (EIN: 10383489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Pine Tree Quilters Guild's spending goes to programs?

Pine Tree Quilters Guild directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Pine Tree Quilters Guild located?

Pine Tree Quilters Guild is headquartered in Augusta, Maine and files with the IRS under EIN 10383489.

How many years of IRS 990 filings does Pine Tree Quilters Guild have?

Pine Tree Quilters Guild 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 $178K in total revenue.

Is Pine Tree Quilters Guild a good charity?

Based on the available financial data, Pine Tree Quilters Guild appears to be a very good charity. It is volunteer-run with 0% officer compensation, maintains a healthy asset base, and consistently files its IRS 990s, demonstrating transparency and efficient use of funds.

How does the organization manage its finances given fluctuating revenues?

Despite annual fluctuations in revenue and expenses, the organization has consistently maintained a strong asset base, typically over $100,000, suggesting effective financial management and reserves to weather leaner years, such as 2022 where expenses exceeded revenue by $17,000.

What is the trend in the organization's assets?

The organization's assets have generally remained stable, fluctuating between approximately $100,000 and $147,000 over the past decade, indicating a consistent financial foundation. As of 2023, assets stood at $108,803.

Filing History

IRS 990 filing history for Pine Tree Quilters Guild showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Pine Tree Quilters Guild's revenue has declined by 44.6%, moving from $90K to $50K. Total assets decreased by 17.5% over the same period, from $132K to $109K. Total functional expenses fell by 44.6%, from $83K to $46K. In its most recent filing year (2023), Pine Tree Quilters Guild reported a surplus of $4K, with revenue exceeding expenses. The organization holds $8K in liabilities against $109K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $100K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $50K $46K $109K $8K
2022 $23K $40K $101K $4K
2021 $25K $32K $116K $3K
2020 $7K $31K $122K $2K View 990
2019 $49K $34K $147K $2K View 990
2018 $43K $44K $132K $2K View 990
2017 $46K $35K $132K $2K View 990
2016 $35K $32K $122K $2K View 990
2015 $33K $37K $119K $2K View 990
2014 $37K $32K $133K $12K View 990
2013 $44K $39K $128K $11K View 990
2012 $41K $45K $121K $9K View 990
2011 $90K $83K $132K $6K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $50K, expenses of $46K, and assets of $109K (revenue +117.6% year-over-year).
  • 2022: Revenue of $23K, expenses of $40K, and assets of $101K (revenue -8.3% year-over-year).
  • 2021: Revenue of $25K, expenses of $32K, and assets of $116K (revenue +283.4% year-over-year).
  • 2020: Revenue of $7K, expenses of $31K, and assets of $122K (revenue -86.8% year-over-year).
  • 2019: Revenue of $49K, expenses of $34K, and assets of $147K (revenue +14.0% year-over-year).
  • 2018: Revenue of $43K, expenses of $44K, and assets of $132K (revenue -5.1% year-over-year).
  • 2017: Revenue of $46K, expenses of $35K, and assets of $132K (revenue +31.6% year-over-year).
  • 2016: Revenue of $35K, expenses of $32K, and assets of $122K (revenue +6.1% year-over-year).
  • 2015: Revenue of $33K, expenses of $37K, and assets of $119K (revenue -11.8% year-over-year).
  • 2014: Revenue of $37K, expenses of $32K, and assets of $133K (revenue -15.5% year-over-year).
  • 2013: Revenue of $44K, expenses of $39K, and assets of $128K (revenue +6.5% year-over-year).
  • 2012: Revenue of $41K, expenses of $45K, and assets of $121K (revenue -54.3% year-over-year).
  • 2011: Revenue of $90K, expenses of $83K, and assets of $132K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Pine Tree Quilters Guild:

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 Pine Tree Quilters Guild 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.

Other Nonprofits in Maine

Explore more nonprofits based in Maine with AI-powered transparency reports.

View all Maine nonprofits →

Explore Related Nonprofits

Browse by State