Presque Isle Minor Hockey Inc
Presque Isle Minor Hockey Inc. operated at a deficit in its last reported filing from 2012.
EIN: 10483431 · Presque Isle, ME · NTEE: N40Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $46K |
| Program Spending | 80% |
| Net Assets | $12K |
| Transparency Score | 50/100 |
Is Presque Isle Minor Hockey Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Presque Isle Minor Hockey Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Presque Isle Minor Hockey Inc
Presque Isle Minor Hockey Inc (EIN: 10483431) is a nonprofit organization based in Presque Isle, ME, classified under NTEE code N40Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Presque Isle Minor Hockey Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Presque Isle Minor Hockey Inc is a micro nonprofit that has been operating for 32 years.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $46K |
| Surplus / Deficit | $-8,325 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | -22.0% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2012, Presque Isle Minor Hockey Inc reported a deficit of $8K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
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 Presque Isle Minor Hockey Inc with a Mission Score of 50 out of 100 (Fair). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Presque Isle Minor Hockey Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Executive Compensation Analysis
The 2012 filing indicates 0% of expenses were allocated to officer compensation, suggesting a volunteer-led organization, which is typical for a nonprofit of this small size and revenue level.
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 Presque Isle Minor Hockey Inc's IRS 990 filings:
- No recent financial filings available, making current financial health impossible to assess.
- Reported 'Latest Revenue: $0' and 'Assets: $0' suggests potential inactivity or dissolution.
- Expenses ($46,180) exceeded revenue ($37,855) in the last reported period (2012), indicating a deficit operation.
Strengths
The following positive indicators were identified for Presque Isle Minor Hockey Inc:
- No officer compensation reported in 2012, indicating a volunteer-driven model.
- Zero liabilities reported in 2012, suggesting no outstanding debt at that time.
Frequently Asked Questions about Presque Isle Minor Hockey Inc
Is Presque Isle Minor Hockey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Presque Isle Minor Hockey Inc (EIN: 10483431) some concerns. Mission Score: 50/100. 3 red flags identified, 2 strengths noted.
How does Presque Isle Minor Hockey Inc spend its money?
Presque Isle Minor Hockey Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Presque Isle Minor Hockey Inc tax-deductible?
Presque Isle Minor Hockey Inc is registered as a tax-exempt nonprofit (EIN: 10483431). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Presque Isle Minor Hockey Inc's spending goes to programs?
Presque Isle Minor Hockey Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Presque Isle Minor Hockey Inc compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Presque Isle Minor Hockey Inc is near average for NTEE category N40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Presque Isle Minor Hockey Inc located?
Presque Isle Minor Hockey Inc is headquartered in Presque Isle, Maine and files with the IRS under EIN 10483431. It is classified under NTEE code N40Z.
Is Presque Isle Minor Hockey Inc. still active?
Based on the provided data showing 'Latest Revenue: $0' and 'Assets: $0', and the most recent filing being from 2012, it is unclear if the organization is still actively operating. More current information would be needed to confirm its status.
What were the primary expenses in 2012?
The provided data only gives total expenses of $46,180 for 2012. A detailed breakdown of these expenses (e.g., program costs, administrative, fundraising) is not available in the summary provided.
Filing History
IRS 990 filing history for Presque Isle Minor Hockey Inc showing financial trends over 1 year of public records:
In its most recent filing year (2012), Presque Isle Minor Hockey Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $38K | $46K | $12K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Presque Isle Minor Hockey Inc:
Data Sources and Methodology
This transparency report for Presque Isle Minor Hockey Inc 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.