Ragged Mountain Recreation Area Foundation
Ragged Mountain Recreation Area Foundation maintains substantial assets with highly variable revenue and minimal operational expenses.
EIN: 10467644 · Camden, ME · NTEE: N113 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $1K |
| Program Spending | 98% |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Ragged Mountain Recreation Area Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Ragged Mountain Recreation Area Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Ragged Mountain Recreation Area Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $131K and expenses of $1K.
Revenue and Expenses
Ragged Mountain Recreation Area Foundation reported $131K in revenue and $1K in expenses, a surplus of $129K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Ragged Mountain Recreation Area Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1K (98%) |
Across stored filings, Ragged Mountain Recreation Area Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 98% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Category N context |
Trust Check
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All Category N
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Camden, ME nonprofitsCategory N in Maine
Human Services in Maine
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Appears Legitimate. Check deductibility, filings, and red flags.
2Understand money
98% of spending goes to programs.
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Keep the Investigation Moving
Ragged Mountain Recreation Area Foundation directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ragged Mountain Recreation Area Foundation
Ragged Mountain Recreation Area Foundation (EIN: 10467644) is a nonprofit organization based in Camden, ME, classified under NTEE code N113. The organization reported total revenue of $62K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ragged Mountain Recreation Area Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ragged Mountain Recreation Area Foundation is a micro nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $1K |
| Surplus / Deficit | +$129K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 99.1% |
| Months of Reserves | 14056.0 months |
Financial Health Grade: A
In 2023, Ragged Mountain Recreation Area Foundation reported a surplus of $129K with revenue exceeding expenses, holds 14056.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Ragged Mountain Recreation Area Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +575.1% | +4.8% | +10.2% |
| 2022 | +3.0% | -0.2% | +1.4% |
| 2021 | -16.5% | -94.8% | +1.4% |
| 2020 | -30.1% | +532.7% | +0.1% |
| 2019 | -61.8% | -83.8% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Ragged Mountain Recreation Area Foundation with a Mission Score of 90 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: 2%
- programs: 98%
- fundraising: 0%
According to IRS 990 filings, Ragged Mountain Recreation Area Foundation allocates its expenses as follows: admin: 2%, programs: 98%, fundraising: 0%. With 98% 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 $129K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of this asset 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.
Strengths
The following positive indicators were identified for Ragged Mountain Recreation Area Foundation:
- Strong asset base ($1,453,824 latest assets) with zero liabilities, indicating financial stability.
- Consistently reports 0% officer compensation, demonstrating high administrative efficiency and volunteer commitment.
- Very high program spending ratio, with expenses often being a minimal fraction of revenue, suggesting resources are directed to mission.
- Clear financial transparency with consistent IRS 990 filings over 13 periods.
- Low ongoing operational expenses, indicating a lean organizational structure.
Frequently Asked Questions about Ragged Mountain Recreation Area Foundation
Is Ragged Mountain Recreation Area Foundation a legitimate charity?
Ragged Mountain Recreation Area Foundation (EIN: 10467644) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $62K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Ragged Mountain Recreation Area Foundation spend its money?
Ragged Mountain Recreation Area Foundation directs 98% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ragged Mountain Recreation Area Foundation tax-deductible?
Ragged Mountain Recreation Area Foundation is registered as a tax-exempt nonprofit (EIN: 10467644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ragged Mountain Recreation Area Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ragged Mountain Recreation Area Foundation is above average for NTEE category N113 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ragged Mountain Recreation Area Foundation located?
Ragged Mountain Recreation Area Foundation is headquartered in Camden, Maine and files with the IRS under EIN 10467644. It is classified under NTEE code N113.
How many years of IRS 990 filings does Ragged Mountain Recreation Area Foundation have?
Ragged Mountain Recreation Area Foundation 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 $62K in total revenue.
Is Ragged Mountain Recreation Area Foundation a good charity?
Based on its financial data, the foundation appears to be a very good charity. It maintains a strong asset base ($1,453,824), consistently reports zero liabilities, and has zero officer compensation, indicating high efficiency and a strong commitment to its mission without significant overhead for executive pay. Its program spending is exceptionally high, often representing nearly all expenses.
Why are expenses so low in most years, but very high in others?
The pattern of very low expenses in most years (e.g., $1,189 in 2023) contrasted with extremely high expenses in others (e.g., $2,709,224 in 2014) suggests that the organization primarily incurs significant expenses when undertaking large capital projects or major program initiatives, rather than having high ongoing operational costs. This could be indicative of a project-based operational model.
What is the source of the organization's revenue fluctuations?
The significant fluctuations in revenue, from $19,348 in 2022 to $957,020 in 2016, suggest that the foundation may rely heavily on large, infrequent donations, grants for specific projects, or capital campaigns rather than a consistent stream of smaller contributions. This is common for organizations focused on large-scale recreational area development or maintenance.
How does the organization manage to have zero officer compensation?
The consistent reporting of 0% officer compensation across all filings strongly suggests that the organization is primarily run by volunteers, or that any compensated roles are not classified as 'officers' for IRS 990 purposes, or that compensation falls below the reporting threshold. This is a significant indicator of administrative efficiency and dedication.
Filing History
IRS 990 filing history for Ragged Mountain Recreation Area Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ragged Mountain Recreation Area Foundation's revenue has declined by 64.8%, moving from $371K to $131K. Total assets decreased by 2.4% over the same period, from $1.4M to $1.4M. Total functional expenses fell by 99.2%, from $152K to $1K. In its most recent filing year (2023), Ragged Mountain Recreation Area Foundation reported a surplus of $129K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $1K | $1.4M | $0 | — | — |
| 2022 | $19K | $1K | $1.3M | $0 | — | View 990 |
| 2021 | $19K | $1K | $1.2M | $0 | — | View 990 |
| 2020 | $23K | $22K | $1.2M | $0 | — | View 990 |
| 2019 | $32K | $3K | $1.2M | $0 | — | View 990 |
| 2018 | $84K | $21K | $1.2M | $0 | — | View 990 |
| 2017 | $147K | $762K | $1.1M | $0 | — | View 990 |
| 2016 | $957K | $556K | $1.8M | $0 | — | View 990 |
| 2015 | $595K | $30K | $1.3M | $0 | — | View 990 |
| 2014 | $623K | $2.7M | $785K | $0 | — | View 990 |
| 2013 | $1.2M | $400K | $2.9M | $0 | — | View 990 |
| 2012 | $745K | $92K | $2.1M | $0 | — | View 990 |
| 2011 | $371K | $152K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $1K, and assets of $1.4M (revenue +575.1% year-over-year).
- 2022: Revenue of $19K, expenses of $1K, and assets of $1.3M (revenue +3.0% year-over-year).
- 2021: Revenue of $19K, expenses of $1K, and assets of $1.2M (revenue -16.5% year-over-year).
- 2020: Revenue of $23K, expenses of $22K, and assets of $1.2M (revenue -30.1% year-over-year).
- 2019: Revenue of $32K, expenses of $3K, and assets of $1.2M (revenue -61.8% year-over-year).
- 2018: Revenue of $84K, expenses of $21K, and assets of $1.2M (revenue -42.5% year-over-year).
- 2017: Revenue of $147K, expenses of $762K, and assets of $1.1M (revenue -84.7% year-over-year).
- 2016: Revenue of $957K, expenses of $556K, and assets of $1.8M (revenue +60.8% year-over-year).
- 2015: Revenue of $595K, expenses of $30K, and assets of $1.3M (revenue -4.5% year-over-year).
- 2014: Revenue of $623K, expenses of $2.7M, and assets of $785K (revenue -47.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $400K, and assets of $2.9M (revenue +60.0% year-over-year).
- 2012: Revenue of $745K, expenses of $92K, and assets of $2.1M (revenue +100.8% year-over-year).
- 2011: Revenue of $371K, expenses of $152K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ragged Mountain Recreation Area Foundation:
Data Sources and Methodology
This transparency report for Ragged Mountain Recreation Area Foundation 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.