Regional Transportation Program Inc
Regional Transportation Program Inc maintains stable operations with growing assets but increasing liabilities and no reported officer compensation.
EIN: 10339851 · Westbrook, ME · NTEE: P52Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.6M |
| Transparency Score | 75/100 |
Is Regional Transportation Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Regional Transportation Program Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Regional Transportation Program Inc
Regional Transportation Program Inc (EIN: 10339851) is a nonprofit organization based in Westbrook, ME, classified under NTEE code P52Z. The organization reported total revenue of $3.6M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Regional Transportation Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Regional Transportation Program Inc is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-274,575 |
| Total Assets | $6.0M |
| Total Liabilities | $2.4M |
| Net Assets | $3.6M |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 40.7% |
| Months of Reserves | 20.0 months |
Financial Health Grade: B
In 2023, Regional Transportation Program Inc reported a deficit of $275K with expenses exceeding revenue, holds 20.0 months of operating reserves (strong position), has a debt-to-asset ratio of 40.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Regional Transportation Program Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +4.4% | -7.7% |
| 2022 | -32.6% | +18.0% | +14.2% |
| 2021 | +76.9% | +8.9% | +111.2% |
| 2020 | -21.2% | -17.1% | +13.3% |
| 2019 | +20.2% | +2.2% | +98.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 Regional Transportation Program Inc with a Mission Score of 75 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, Regional Transportation Program Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $275K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with annual expenses exceeding $3 million. This suggests either a fully volunteer executive leadership or that executive compensation is embedded within other expense categories, which could obscure true leadership costs.
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 Regional Transportation Program Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size.
- Significant increase in liabilities from $1.0 million in 2020 to $2.4 million in 2023.
- Occasional operational deficits where expenses exceed revenue (e.g., 2023, 2022, 2018, 2017, 2015, 2014).
Strengths
The following positive indicators were identified for Regional Transportation Program Inc:
- Consistent filing of IRS Form 990s, indicating good compliance.
- Significant growth in assets from $1.2 million in 2018 to over $6 million in 2023, strengthening the balance sheet.
- Stable revenue base generally between $2.5 million and $3.6 million, supporting ongoing operations.
- Mission-aligned NTEE code (P52Z - Specialized Transportation) suggests focused program delivery.
Frequently Asked Questions about Regional Transportation Program Inc
Is Regional Transportation Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Regional Transportation Program Inc (EIN: 10339851) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Regional Transportation Program Inc spend its money?
Regional Transportation Program Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Regional Transportation Program Inc tax-deductible?
Regional Transportation Program Inc is registered as a tax-exempt nonprofit (EIN: 10339851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Regional Transportation Program Inc CEO make?
Regional Transportation Program Inc's highest-compensated officer earns $3 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Regional Transportation Program Inc's spending goes to programs?
Regional Transportation Program Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Regional Transportation Program Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Regional Transportation Program Inc is above average for NTEE category P52Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Regional Transportation Program Inc located?
Regional Transportation Program Inc is headquartered in Westbrook, Maine and files with the IRS under EIN 10339851. It is classified under NTEE code P52Z.
How many years of IRS 990 filings does Regional Transportation Program Inc have?
Regional Transportation Program Inc 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 $3.6M in total revenue.
Why is officer compensation consistently reported as 0%?
This is a significant question given the organization's size and operational scope. It could indicate volunteer leadership, or that compensation is reported under other expense lines, which would require further clarification for full transparency.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without the functional expense breakdown from the 990, it's difficult to precisely assess spending efficiency. The provided data only shows total expenses.
What caused the significant increase in liabilities from $1.0 million in 2020 to $2.4 million in 2023?
The substantial rise in liabilities warrants investigation to understand its nature (e.g., new debt, deferred revenue) and its impact on the organization's financial health.
How does the organization manage periods where expenses exceed revenue, such as in 2023 ($3,605,699 expenses vs. $3,331,124 revenue)?
Understanding the strategy for covering operational deficits is important for assessing long-term financial sustainability.
Filing History
IRS 990 filing history for Regional Transportation Program Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Regional Transportation Program Inc's revenue has declined by 45.1%, moving from $6.1M to $3.3M. Total assets increased by 188.7% over the same period, from $2.1M to $6.0M. Total functional expenses fell by 40.6%, from $6.1M to $3.6M. In its most recent filing year (2023), Regional Transportation Program Inc reported a deficit of $275K, with expenses exceeding revenue. The organization holds $2.4M in liabilities against $6.0M in assets (debt-to-asset ratio: 40.7%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.6M | $6.0M | $2.4M | — | — |
| 2022 | $3.4M | $3.5M | $6.5M | $2.7M | — | View 990 |
| 2021 | $5.1M | $2.9M | $5.7M | $1.8M | — | View 990 |
| 2020 | $2.9M | $2.7M | $2.7M | $1.0M | — | — |
| 2019 | $3.7M | $3.2M | $2.4M | $890K | — | View 990 |
| 2018 | $3.0M | $3.2M | $1.2M | $124K | — | View 990 |
| 2017 | $2.9M | $3.1M | $1.4M | $141K | — | View 990 |
| 2016 | $3.0M | $2.8M | $1.6M | $138K | — | View 990 |
| 2015 | $2.6M | $2.9M | $1.4M | $120K | — | View 990 |
| 2014 | $3.1M | $3.4M | $1.8M | $244K | — | View 990 |
| 2013 | $5.9M | $5.6M | $2.2M | $180K | — | View 990 |
| 2012 | $5.9M | $6.0M | $2.0M | $353K | — | View 990 |
| 2011 | $6.1M | $6.1M | $2.1M | $261K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.6M, and assets of $6.0M (revenue -3.1% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.5M, and assets of $6.5M (revenue -32.6% year-over-year).
- 2021: Revenue of $5.1M, expenses of $2.9M, and assets of $5.7M (revenue +76.9% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.7M, and assets of $2.7M (revenue -21.2% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.2M, and assets of $2.4M (revenue +20.2% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.2M, and assets of $1.2M (revenue +5.8% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.1M, and assets of $1.4M (revenue -3.4% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.8M, and assets of $1.6M (revenue +15.6% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.9M, and assets of $1.4M (revenue -15.7% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.4M, and assets of $1.8M (revenue -48.3% year-over-year).
- 2013: Revenue of $5.9M, expenses of $5.6M, and assets of $2.2M (revenue +0.0% year-over-year).
- 2012: Revenue of $5.9M, expenses of $6.0M, and assets of $2.0M (revenue -2.6% year-over-year).
- 2011: Revenue of $6.1M, expenses of $6.1M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Regional Transportation Program Inc:
Data Sources and Methodology
This transparency report for Regional Transportation Program 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.