Pittston Fair
Pittston Fair maintains stable assets and volunteer leadership, with fluctuating annual revenues and expenses.
EIN: 10509793 · Gardiner, ME · NTEE: N520 · Updated: 2026-03-28
Is Pittston Fair Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pittston Fair directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pittston Fair
Pittston Fair (EIN: 10509793) is a nonprofit organization based in Gardiner, ME, classified under NTEE code N520. The organization reported total revenue of $134K and total assets of $736K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pittston Fair's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pittston Fair is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $90K |
| Surplus / Deficit | +$66K |
| Total Assets | $726K |
| Net Assets | $726K |
| Operating Margin | 42.3% |
| Months of Reserves | 96.8 months |
Financial Health Grade: A
In 2023, Pittston Fair reported a surplus of $66K with revenue exceeding expenses, holds 96.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Pittston Fair's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.2% | -24.6% | +10.0% |
| 2022 | +41.0% | +11.0% | -1.7% |
| 2021 | +132.9% | +112.4% | -4.4% |
| 2020 | -73.0% | -54.2% | -2.5% |
| 2019 | +76.2% | +8.7% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
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 Pittston Fair 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Pittston Fair allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $66K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets over $700,000.
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 Pittston Fair's IRS 990 filings:
- Lack of detailed functional expense breakdown in 990 filings, making it difficult to precisely assess program efficiency.
Strengths
The following positive indicators were identified for Pittston Fair:
- Strong and stable asset base ($726,135 in 2023)
- Consistently low to zero liabilities across all filing periods
- 0% officer compensation, indicating volunteer leadership and efficient use of funds
- Positive net income in the most recent filing period (2023: $156,128 revenue vs. $90,044 expenses)
- Long history of consistent IRS 990 filings (13 filings)
Frequently Asked Questions about Pittston Fair
Is Pittston Fair a legitimate charity?
Based on AI analysis of IRS 990 filings, Pittston Fair (EIN: 10509793) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Pittston Fair spend its money?
Pittston Fair directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pittston Fair tax-deductible?
Pittston Fair is registered as a tax-exempt nonprofit (EIN: 10509793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pittston Fair a good charity?
Based on the available data, Pittston Fair appears to be a well-managed organization with strong financial stability, evidenced by its substantial assets ($726,135 in 2023) and minimal liabilities. The volunteer leadership (0% officer compensation) is a significant positive, suggesting a high dedication to its mission and efficient use of resources. While a detailed expense breakdown is not provided, the overall financial health and lack of executive compensation are strong indicators of a good charity.
How does Pittston Fair manage its finances?
Pittston Fair manages its finances with a focus on maintaining a healthy asset base and operating with minimal debt. Revenues have fluctuated, ranging from $32,963 in 2020 to $156,128 in 2023, but the organization has consistently maintained assets above $660,000. Expenses are generally kept in line with revenues, though some years show deficit spending (e.g., 2022 expenses of $119,483 against revenues of $108,277). The organization has successfully built and maintained significant reserves.
What are Pittston Fair's biggest financial strengths?
Pittston Fair's biggest financial strengths include its substantial and stable asset base (over $700,000 for most periods), consistently low to zero liabilities, and the complete absence of officer compensation, indicating a highly dedicated volunteer leadership. The organization also demonstrates an ability to generate consistent revenue to support its operations.
Filing History
IRS 990 filing history for Pittston Fair showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pittston Fair's revenue has declined by 4.4%, moving from $163K to $156K. Total assets decreased by 7.3% over the same period, from $784K to $726K. Total functional expenses fell by 5.8%, from $96K to $90K. In its most recent filing year (2023), Pittston Fair reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $90K | $726K | $0 | — | — |
| 2022 | $108K | $119K | $660K | $0 | — | View 990 |
| 2021 | $77K | $108K | $671K | $0 | — | View 990 |
| 2020 | $33K | $51K | $702K | $0 | — | — |
| 2019 | $122K | $111K | $720K | $0 | — | View 990 |
| 2018 | $69K | $102K | $708K | $0 | — | View 990 |
| 2017 | $78K | $97K | $741K | $0 | — | View 990 |
| 2016 | $75K | $108K | $763K | $4K | — | View 990 |
| 2015 | $110K | $112K | $803K | $10K | — | View 990 |
| 2014 | $106K | $108K | $796K | $600 | — | View 990 |
| 2013 | $128K | $109K | $798K | $0 | — | View 990 |
| 2012 | $109K | $114K | $779K | $0 | — | View 990 |
| 2011 | $163K | $96K | $784K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $90K, and assets of $726K (revenue +44.2% year-over-year).
- 2022: Revenue of $108K, expenses of $119K, and assets of $660K (revenue +41.0% year-over-year).
- 2021: Revenue of $77K, expenses of $108K, and assets of $671K (revenue +132.9% year-over-year).
- 2020: Revenue of $33K, expenses of $51K, and assets of $702K (revenue -73.0% year-over-year).
- 2019: Revenue of $122K, expenses of $111K, and assets of $720K (revenue +76.2% year-over-year).
- 2018: Revenue of $69K, expenses of $102K, and assets of $708K (revenue -11.2% year-over-year).
- 2017: Revenue of $78K, expenses of $97K, and assets of $741K (revenue +4.1% year-over-year).
- 2016: Revenue of $75K, expenses of $108K, and assets of $763K (revenue -31.7% year-over-year).
- 2015: Revenue of $110K, expenses of $112K, and assets of $803K (revenue +4.1% year-over-year).
- 2014: Revenue of $106K, expenses of $108K, and assets of $796K (revenue -17.4% year-over-year).
- 2013: Revenue of $128K, expenses of $109K, and assets of $798K (revenue +17.7% year-over-year).
- 2012: Revenue of $109K, expenses of $114K, and assets of $779K (revenue -33.4% year-over-year).
- 2011: Revenue of $163K, expenses of $96K, and assets of $784K.
Data Sources and Methodology
This transparency report for Pittston Fair 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.