Pretty Marsh Community Corporation
Pretty Marsh Community Corporation reports minimal financial activity with consistent asset holdings and no liabilities, but recent data is missing.
EIN: 10353835 · Mount Desert, ME · NTEE: S80 · Updated: 2026-03-28
Is Pretty Marsh Community Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pretty Marsh Community Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pretty Marsh Community Corporation
Pretty Marsh Community Corporation (EIN: 10353835) is a nonprofit organization based in Mount Desert, ME, classified under NTEE code S80. 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 Pretty Marsh Community Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pretty Marsh Community Corporation with a Mission Score of 65 out of 100 (Good). 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, Pretty Marsh Community Corporation 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% of expenses across all available filings, indicating that no officers are paid, which is appropriate for an organization with such minimal financial activity.
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 Pretty Marsh Community Corporation's IRS 990 filings:
- Lack of recent financial data (latest revenue and assets reported as $0)
- Expenses consistently exceeding revenue in reported periods (e.g., 2016 expenses $4,246 vs. revenue $2,747)
Strengths
The following positive indicators were identified for Pretty Marsh Community Corporation:
- Strong balance sheet with significant assets and no reported liabilities (e.g., $675,197 assets in 2016, $0 liabilities)
- No officer compensation reported across all filings, indicating efficient use of funds for leadership
- Consistent asset base over several years, suggesting stability in its core holdings
Frequently Asked Questions about Pretty Marsh Community Corporation
Is Pretty Marsh Community Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pretty Marsh Community Corporation (EIN: 10353835) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Pretty Marsh Community Corporation spend its money?
Pretty Marsh Community Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pretty Marsh Community Corporation tax-deductible?
Pretty Marsh Community Corporation is registered as a tax-exempt nonprofit (EIN: 10353835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pretty Marsh Community Corporation still active?
The latest reported revenue and assets are $0, and the most recent filing is from 2016. This suggests the organization may no longer be active or has significantly reduced its operations. Further investigation into more recent filings or public records would be needed to confirm its current status.
What is the purpose of Pretty Marsh Community Corporation's significant assets?
With assets consistently around $675,000 and minimal operational expenses, it's likely these assets are held for a specific long-term purpose, potentially land preservation or endowment, given its NTEE code (S80 - Community Improvement & Capacity Building). The filings do not provide specific details on the nature of these assets.
Why are expenses consistently higher than revenue?
For example, in 2016, expenses were $4,246 while revenue was $2,747. This indicates the organization is either drawing down on its existing assets to cover operational costs or relying on other unreported funding sources. Given the stable asset base, it's more likely a small draw from capital or a very lean operational model.
Filing History
IRS 990 filing history for Pretty Marsh Community Corporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2016), Pretty Marsh Community Corporation's revenue has grown by 13.6%, moving from $2K to $3K. Total assets decreased by 0.1% over the same period, from $676K to $675K. Total functional expenses rose by 74.4%, from $2K to $4K. In its most recent filing year (2016), Pretty Marsh Community Corporation reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2016 | $3K | $4K | $675K | $0 | — | View 990 |
| 2015 | $2K | $6K | $677K | $0 | — | View 990 |
| 2012 | $2K | $2K | $676K | $0 | — | — |
Year-by-Year Financial Summary
- 2016: Revenue of $3K, expenses of $4K, and assets of $675K (revenue +47.7% year-over-year).
- 2015: Revenue of $2K, expenses of $6K, and assets of $677K (revenue -23.1% year-over-year).
- 2012: Revenue of $2K, expenses of $2K, and assets of $676K.
Data Sources and Methodology
This transparency report for Pretty Marsh Community 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.