Ralph Getchell Smith Memorial Fund
Ralph Getchell Smith Memorial Fund consistently spends more than it earns, depleting assets over a decade.
EIN: 10387329 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $2K |
| Program Spending | 80% |
| Net Assets | $4K |
| Transparency Score | 40/100 |
Is Ralph Getchell Smith Memorial Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ralph Getchell Smith Memorial Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ralph Getchell Smith Memorial Fund
Ralph Getchell Smith Memorial Fund (EIN: 10387329) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $2K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ralph Getchell Smith Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ralph Getchell Smith Memorial Fund is a micro nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $385 |
| Total Expenses | $2K |
| Surplus / Deficit | $-1,333 |
| Total Assets | $4K |
| Total Liabilities | $1 |
| Net Assets | $4K |
| Operating Margin | -346.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 28.0 months |
Financial Health Grade: B
In 2023, Ralph Getchell Smith Memorial Fund reported a deficit of $1K with expenses exceeding revenue, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ralph Getchell Smith Memorial Fund's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.2% | +0.1% | -24.9% |
| 2022 | +22.4% | +145.5% | -11.2% |
| 2021 | +29.0% | -58.6% | +2.6% |
| 2020 | -19.3% | -12.2% | -14.9% |
| 2019 | -13.4% | -23.5% | -31.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Ralph Getchell Smith Memorial Fund with a Mission Score of 40 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Ralph Getchell Smith Memorial Fund allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. 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 $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no funds are being used for officer salaries, which is appropriate for an organization of this size and financial standing.
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 Ralph Getchell Smith Memorial Fund's IRS 990 filings:
- Consistent deficit spending, with expenses regularly exceeding revenue (e.g., $1,718 expenses vs. $385 revenue in 2023).
- Steady decline in assets over the past decade, from $13,184 in 2011 to $4,014 in 2023, indicating unsustainable financial practices.
- Lack of an NTEE code, making it difficult to understand the organization's specific purpose and programmatic focus.
- Extremely low revenue and asset base, raising questions about the organization's operational capacity and impact.
Strengths
The following positive indicators were identified for Ralph Getchell Smith Memorial Fund:
- Zero executive compensation reported across all filings, demonstrating good stewardship regarding officer salaries.
- Consistent filing of IRS Form 990s, indicating adherence to transparency requirements.
Frequently Asked Questions about Ralph Getchell Smith Memorial Fund
Is Ralph Getchell Smith Memorial Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ralph Getchell Smith Memorial Fund (EIN: 10387329) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Ralph Getchell Smith Memorial Fund spend its money?
Ralph Getchell Smith Memorial Fund directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ralph Getchell Smith Memorial Fund tax-deductible?
Ralph Getchell Smith Memorial Fund is registered as a tax-exempt nonprofit (EIN: 10387329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ralph Getchell Smith Memorial Fund located?
Ralph Getchell Smith Memorial Fund is headquartered in Portland, Maine and files with the IRS under EIN 10387329.
How many years of IRS 990 filings does Ralph Getchell Smith Memorial Fund have?
Ralph Getchell Smith Memorial Fund has 10 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 $2K in total revenue.
What is the specific mission or program activity of the Ralph Getchell Smith Memorial Fund?
The provided data does not specify the NTEE code or a detailed mission statement, making it unclear what programs the fund supports. This information would typically be found in the 990's Part III, Statement of Program Service Accomplishments.
Why do expenses consistently exceed revenue for the Ralph Getchell Smith Memorial Fund?
The filings show a consistent pattern of expenses being higher than revenue in most years (e.g., $385 revenue vs. $1,718 expenses in 2023), leading to a steady decline in assets. This suggests the fund is either drawing down its principal or relying on past reserves to cover operational costs.
What constitutes the majority of the fund's expenses, given its small scale?
Without a detailed breakdown of expenses from the 990 filings (e.g., Part IX, Statement of Functional Expenses), it's impossible to determine if the expenses are primarily administrative, program-related, or other operational costs. Given the small amounts, they could be bank fees, minimal administrative support, or small grants.
Filing History
IRS 990 filing history for Ralph Getchell Smith Memorial Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ralph Getchell Smith Memorial Fund's revenue has declined by 13.9%, moving from $447 to $385. Total assets decreased by 69.6% over the same period, from $13K to $4K. Total functional expenses fell by 3.3%, from $2K to $2K. In its most recent filing year (2023), Ralph Getchell Smith Memorial Fund reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $385 | $2K | $4K | $1 | — | — |
| 2022 | $1K | $2K | $5K | $1 | — | — |
| 2021 | $854 | $699 | $6K | $1 | — | — |
| 2020 | $662 | $2K | $6K | $1 | — | — |
| 2019 | $820 | $2K | $7K | $0 | — | View 990 |
| 2015 | $947 | $3K | $10K | $0 | — | View 990 |
| 2014 | $594 | $2K | $12K | $0 | — | View 990 |
| 2013 | $789 | $1K | $13K | $0 | — | View 990 |
| 2012 | $2K | $2K | $14K | $0 | — | View 990 |
| 2011 | $447 | $2K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $385, expenses of $2K, and assets of $4K (revenue -63.2% year-over-year).
- 2022: Revenue of $1K, expenses of $2K, and assets of $5K (revenue +22.4% year-over-year).
- 2021: Revenue of $854, expenses of $699, and assets of $6K (revenue +29.0% year-over-year).
- 2020: Revenue of $662, expenses of $2K, and assets of $6K (revenue -19.3% year-over-year).
- 2019: Revenue of $820, expenses of $2K, and assets of $7K (revenue -13.4% year-over-year).
- 2015: Revenue of $947, expenses of $3K, and assets of $10K (revenue +59.4% year-over-year).
- 2014: Revenue of $594, expenses of $2K, and assets of $12K (revenue -24.7% year-over-year).
- 2013: Revenue of $789, expenses of $1K, and assets of $13K (revenue -66.8% year-over-year).
- 2012: Revenue of $2K, expenses of $2K, and assets of $14K (revenue +432.2% year-over-year).
- 2011: Revenue of $447, expenses of $2K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ralph Getchell Smith Memorial Fund:
Data Sources and Methodology
This transparency report for Ralph Getchell Smith Memorial Fund 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.