Poland Spring Preservation Society
Poland Spring Preservation Society maintains stable assets and zero officer compensation despite occasional operating deficits.
EIN: 10347068 · Poland Spring, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $397K |
| Total Expenses | $149K |
| Program Spending | 80% |
| Net Assets | $736K |
| Transparency Score | 85/100 |
Is Poland Spring Preservation Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Poland Spring Preservation Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Poland Spring Preservation Society
Poland Spring Preservation Society (EIN: 10347068) is a nonprofit organization based in Poland Spring, ME. The organization reported total revenue of $397K and total assets of $951K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Poland Spring Preservation Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Poland Spring Preservation Society is a small nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $149K |
| Surplus / Deficit | $-38,749 |
| Total Assets | $737K |
| Total Liabilities | $619 |
| Net Assets | $736K |
| Operating Margin | -35.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 59.5 months |
Financial Health Grade: B
In 2023, Poland Spring Preservation Society reported a deficit of $39K with expenses exceeding revenue, holds 59.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Poland Spring Preservation Society's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.5% | +10.0% | -5.1% |
| 2022 | +4.4% | +21.9% | +5.2% |
| 2021 | +36.1% | +49.4% | +8.8% |
| 2020 | -13.1% | -26.9% | +7.3% |
| 2019 | +37.4% | +30.4% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
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 Poland Spring Preservation Society 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, Poland Spring Preservation Society 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 deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a strong commitment to directing all funds towards the organization's mission rather than executive salaries, which is highly commendable 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 Poland Spring Preservation Society's IRS 990 filings:
- Expenses exceeded revenue in multiple years (e.g., 2023, 2017, 2015, 2014), indicating potential for unsustainable operations if not managed.
Strengths
The following positive indicators were identified for Poland Spring Preservation Society:
- Consistent reporting of 0% officer compensation, demonstrating high transparency and dedication of resources to mission.
- Steady growth in assets over the past decade, from $567,884 in 2015 to $736,699 in 2023, indicating financial stability.
- Low liabilities relative to assets, suggesting a healthy balance sheet and minimal debt.
- Consistent filing history (13 filings) demonstrates good governance and compliance.
Frequently Asked Questions about Poland Spring Preservation Society
Is Poland Spring Preservation Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Poland Spring Preservation Society (EIN: 10347068) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Poland Spring Preservation Society spend its money?
Poland Spring Preservation Society directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Poland Spring Preservation Society tax-deductible?
Poland Spring Preservation Society is registered as a tax-exempt nonprofit (EIN: 10347068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Poland Spring Preservation Society's spending goes to programs?
Poland Spring Preservation Society directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Poland Spring Preservation Society located?
Poland Spring Preservation Society is headquartered in Poland Spring, Maine and files with the IRS under EIN 10347068.
How many years of IRS 990 filings does Poland Spring Preservation Society have?
Poland Spring Preservation Society 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 $397K in total revenue.
Is Poland Spring Preservation Society financially stable?
Yes, the organization appears financially stable with growing assets from $567,884 in 2015 to $736,699 in 2023. While there are occasional operating deficits, such as in 2023 where expenses ($148,660) exceeded revenue ($109,911), the overall trend in assets and low liabilities suggests stability.
How does the organization manage executive compensation?
The Poland Spring Preservation Society reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is a strong positive for transparency and resource allocation.
Has the organization experienced revenue growth?
Revenue has fluctuated but shown an upward trend over the long term, from $64,535 in 2015 to $109,911 in 2023, with a peak of $173,207 in 2022. The latest revenue of $396,799 (latest available) suggests significant growth, though the specific period for this figure is not detailed in the filing history.
Are there any concerns about the organization's liabilities?
Liabilities are consistently very low relative to assets, ranging from $122 to $630 in recent years, which is a positive indicator of financial health and low debt burden.
Filing History
IRS 990 filing history for Poland Spring Preservation Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Poland Spring Preservation Society's revenue has grown by 0.9%, moving from $109K to $110K. Total assets decreased by 6% over the same period, from $783K to $737K. Total functional expenses rose by 49.7%, from $99K to $149K. In its most recent filing year (2023), Poland Spring Preservation Society reported a deficit of $39K, with expenses exceeding revenue. The organization holds $619 in liabilities against $737K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $736K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $149K | $737K | $619 | — | — |
| 2022 | $173K | $135K | $776K | $630 | — | View 990 |
| 2021 | $166K | $111K | $738K | $423 | — | View 990 |
| 2020 | $122K | $74K | $678K | $122 | — | — |
| 2019 | $140K | $102K | $632K | $1K | — | View 990 |
| 2018 | $102K | $78K | $593K | $1K | — | View 990 |
| 2017 | $91K | $97K | $569K | $1K | — | View 990 |
| 2016 | $82K | $74K | $574K | $536 | — | View 990 |
| 2015 | $65K | $70K | $568K | $3K | — | View 990 |
| 2014 | $77K | $90K | $760K | $5K | — | View 990 |
| 2013 | $100K | $104K | $772K | $5K | — | View 990 |
| 2012 | $109K | $113K | $778K | $6K | — | View 990 |
| 2011 | $109K | $99K | $783K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $149K, and assets of $737K (revenue -36.5% year-over-year).
- 2022: Revenue of $173K, expenses of $135K, and assets of $776K (revenue +4.4% year-over-year).
- 2021: Revenue of $166K, expenses of $111K, and assets of $738K (revenue +36.1% year-over-year).
- 2020: Revenue of $122K, expenses of $74K, and assets of $678K (revenue -13.1% year-over-year).
- 2019: Revenue of $140K, expenses of $102K, and assets of $632K (revenue +37.4% year-over-year).
- 2018: Revenue of $102K, expenses of $78K, and assets of $593K (revenue +12.4% year-over-year).
- 2017: Revenue of $91K, expenses of $97K, and assets of $569K (revenue +11.0% year-over-year).
- 2016: Revenue of $82K, expenses of $74K, and assets of $574K (revenue +26.8% year-over-year).
- 2015: Revenue of $65K, expenses of $70K, and assets of $568K (revenue -16.4% year-over-year).
- 2014: Revenue of $77K, expenses of $90K, and assets of $760K (revenue -22.8% year-over-year).
- 2013: Revenue of $100K, expenses of $104K, and assets of $772K (revenue -7.9% year-over-year).
- 2012: Revenue of $109K, expenses of $113K, and assets of $778K (revenue -0.3% year-over-year).
- 2011: Revenue of $109K, expenses of $99K, and assets of $783K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Poland Spring Preservation Society:
Data Sources and Methodology
This transparency report for Poland Spring Preservation Society 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.