Prouts Neck Association
Prouts Neck Association maintains strong financial health with zero liabilities and no officer compensation.
EIN: 10145133 · Scarborough, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $327K |
| Total Expenses | $151K |
| Program Spending | 90% |
| Net Assets | $1.2M |
| Transparency Score | 95/100 |
Is Prouts Neck Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Prouts Neck Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Prouts Neck Association
Prouts Neck Association (EIN: 10145133) is a nonprofit organization based in Scarborough, ME. The organization reported total revenue of $327K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prouts Neck Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prouts Neck Association is a small nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $297K |
| Total Expenses | $151K |
| Surplus / Deficit | +$146K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 49.1% |
| Months of Reserves | 94.8 months |
Financial Health Grade: A
In 2023, Prouts Neck Association reported a surplus of $146K with revenue exceeding expenses, holds 94.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Prouts Neck Association's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +113.8% | +30.6% | +13.9% |
| 2022 | -20.8% | -45.2% | +2.3% |
| 2021 | +41.9% | +28.0% | -1.5% |
| 2020 | -53.8% | +73.7% | -3.8% |
| 2019 | +54.0% | -45.7% | +19.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1955 |
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 Prouts Neck Association with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Prouts Neck Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:
- The organization reported a surplus of $146K, 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. This is a significant positive, as it means all revenue is directed towards the organization's mission and operational costs, rather than executive salaries.
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 Prouts Neck Association:
- Zero liabilities consistently reported across all filings, indicating excellent financial stability.
- No officer compensation reported, suggesting a volunteer-driven model and efficient use of funds.
- Strong asset base, growing to $1,194,545 in 2023, providing long-term financial security.
- Revenue generally exceeds expenses, as seen in 2023 ($297,189 revenue vs. $151,135 expenses), allowing for accumulation of reserves.
- Consistent filing of IRS 990 forms, demonstrating transparency.
Frequently Asked Questions about Prouts Neck Association
Is Prouts Neck Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Prouts Neck Association (EIN: 10145133) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Prouts Neck Association spend its money?
Prouts Neck Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Prouts Neck Association tax-deductible?
Prouts Neck Association is registered as a tax-exempt nonprofit (EIN: 10145133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prouts Neck Association located?
Prouts Neck Association is headquartered in Scarborough, Maine and files with the IRS under EIN 10145133.
How many years of IRS 990 filings does Prouts Neck Association have?
Prouts Neck Association 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 $327K in total revenue.
Is Prouts Neck Association a good charity?
Based on the available IRS 990 data, Prouts Neck Association appears to be a very good charity. It demonstrates strong financial health with zero liabilities, a growing asset base, and no reported officer compensation, suggesting efficient use of funds and a volunteer-driven model.
How does Prouts Neck Association manage its finances?
The organization manages its finances conservatively, consistently reporting zero liabilities and maintaining a substantial asset base, which reached $1,194,545 in 2023. Expenses are generally well below revenue, as seen in 2023 where expenses were $151,135 against $297,189 in revenue, indicating responsible financial stewardship.
What is the trend in Prouts Neck Association's revenue and expenses?
Revenue has shown variability, ranging from $123,633 in 2020 to $361,815 in 2014, with a recent strong performance of $297,189 in 2023. Expenses have generally been lower than revenue in most recent years, with the exception of a few periods like 2021 and 2014, suggesting a generally healthy operating margin.
Filing History
IRS 990 filing history for Prouts Neck Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Prouts Neck Association's revenue has grown by 2.2%, moving from $291K to $297K. Total assets increased by 46.1% over the same period, from $818K to $1.2M. Total functional expenses fell by 35.8%, from $236K to $151K. In its most recent filing year (2023), Prouts Neck Association reported a surplus of $146K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $297K | $151K | $1.2M | $0 | — | — |
| 2022 | $139K | $116K | $1.0M | $0 | — | View 990 |
| 2021 | $175K | $211K | $1.0M | $0 | — | View 990 |
| 2020 | $124K | $165K | $1.0M | $0 | — | View 990 |
| 2019 | $268K | $95K | $1.1M | $0 | — | View 990 |
| 2018 | $174K | $175K | $909K | $0 | — | View 990 |
| 2017 | $124K | $108K | $910K | $0 | — | View 990 |
| 2016 | $298K | $299K | $893K | $0 | — | View 990 |
| 2015 | $269K | $254K | $894K | $0 | — | View 990 |
| 2014 | $362K | $512K | $879K | $0 | — | View 990 |
| 2013 | $387K | $275K | $1.0M | $0 | — | View 990 |
| 2012 | $350K | $249K | $918K | $0 | — | View 990 |
| 2011 | $291K | $236K | $818K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $297K, expenses of $151K, and assets of $1.2M (revenue +113.8% year-over-year).
- 2022: Revenue of $139K, expenses of $116K, and assets of $1.0M (revenue -20.8% year-over-year).
- 2021: Revenue of $175K, expenses of $211K, and assets of $1.0M (revenue +41.9% year-over-year).
- 2020: Revenue of $124K, expenses of $165K, and assets of $1.0M (revenue -53.8% year-over-year).
- 2019: Revenue of $268K, expenses of $95K, and assets of $1.1M (revenue +54.0% year-over-year).
- 2018: Revenue of $174K, expenses of $175K, and assets of $909K (revenue +39.8% year-over-year).
- 2017: Revenue of $124K, expenses of $108K, and assets of $910K (revenue -58.2% year-over-year).
- 2016: Revenue of $298K, expenses of $299K, and assets of $893K (revenue +10.8% year-over-year).
- 2015: Revenue of $269K, expenses of $254K, and assets of $894K (revenue -25.7% year-over-year).
- 2014: Revenue of $362K, expenses of $512K, and assets of $879K (revenue -6.4% year-over-year).
- 2013: Revenue of $387K, expenses of $275K, and assets of $1.0M (revenue +10.6% year-over-year).
- 2012: Revenue of $350K, expenses of $249K, and assets of $918K (revenue +20.2% year-over-year).
- 2011: Revenue of $291K, expenses of $236K, and assets of $818K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prouts Neck Association:
Data Sources and Methodology
This transparency report for Prouts Neck Association 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.