Rem
Rem shows fluctuating small-scale operations with no officer compensation, but recent filings indicate zero revenue and assets.
EIN: 10499703 · Waterville, ME · NTEE: Z99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $39K |
| Program Spending | 85% |
| Net Assets | $21K |
| Transparency Score | 65/100 |
Is Rem Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rem directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rem
Rem (EIN: 10499703) is a nonprofit organization based in Waterville, ME, classified under NTEE code Z99. 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 Rem's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rem is a micro nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -4.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $39K |
| Surplus / Deficit | $-3,860 |
| Total Assets | $23K |
| Total Liabilities | $2K |
| Net Assets | $21K |
| Operating Margin | -10.9% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2020, Rem reported a deficit of $4K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Rem's revenue has declined at a compound annual growth rate (CAGR) of -4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -32.3% | -42.0% | -15.1% |
| 2019 | -39.8% | -28.1% | -33.2% |
| 2018 | +20.3% | +16.9% | -15.9% |
| 2017 | -19.8% | -1.3% | -13.1% |
| 2016 | +2.2% | -7.7% | +15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
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 Rem 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rem allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its 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.
Red Flags
The following concerns were identified during AI analysis of Rem's IRS 990 filings:
- Latest filings show $0 revenue and $0 assets, indicating potential inactivity or cessation of operations.
- NTEE code Z99 ('Unknown') provides no specific information about the organization's mission or programs.
- Inconsistent revenue and expenses, with several years showing expenses exceeding revenue (e.g., 2020, 2019, 2018, 2017, 2015).
Strengths
The following positive indicators were identified for Rem:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
- Historically low liabilities, suggesting responsible financial management regarding debt.
- Long filing history (10 filings) demonstrates a commitment to transparency through IRS reporting.
Frequently Asked Questions about Rem
Is Rem a legitimate charity?
Rem (EIN: 10499703) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Rem spend its money?
Rem directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Rem tax-deductible?
Rem is registered as a tax-exempt nonprofit (EIN: 10499703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rem's spending goes to programs?
Rem directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rem compare to similar nonprofits?
With a transparency score of 65/100 (Good), Rem is above average for NTEE category Z99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rem located?
Rem is headquartered in Waterville, Maine and files with the IRS under EIN 10499703. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Rem have?
Rem 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.
What is the current operational status of Rem given the latest $0 revenue and assets?
The latest data showing $0 revenue and assets suggests that Rem may currently be inactive or undergoing a significant restructuring. Further investigation into more recent filings or direct contact with the organization would be necessary to confirm its operational status.
What specific programs does Rem operate, given its NTEE code Z99?
The NTEE code Z99 ('Unknown') does not provide specific information about Rem's programs. To understand its mission and activities, one would need to consult its organizational documents or website, as the IRS filings do not offer this detail.
How does Rem sustain itself with fluctuating revenues and occasional net losses?
Rem appears to sustain itself through a combination of revenue generation and careful management of expenses, often operating on a very lean budget. Periods of net losses, such as in 2020 ($3,860 loss), suggest it may draw from reserves or rely on future revenue to cover shortfalls. The consistent low liabilities indicate it avoids significant debt.
Filing History
IRS 990 filing history for Rem showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Rem's revenue has declined by 32.6%, moving from $53K to $36K. Total assets decreased by 36.1% over the same period, from $36K to $23K. Total functional expenses fell by 12.3%, from $45K to $39K. In its most recent filing year (2020), Rem reported a deficit of $4K, with expenses exceeding revenue. The organization holds $2K in liabilities against $23K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $36K | $39K | $23K | $2K | — | View 990 |
| 2019 | $53K | $68K | $27K | $2K | — | View 990 |
| 2018 | $87K | $95K | $41K | $495 | — | View 990 |
| 2017 | $73K | $81K | $48K | $1K | — | View 990 |
| 2016 | $91K | $82K | $56K | $59 | — | View 990 |
| 2015 | $89K | $89K | $48K | $1K | — | View 990 |
| 2014 | $43K | $39K | $48K | $364 | — | View 990 |
| 2013 | $34K | $32K | $44K | $296 | — | View 990 |
| 2012 | $37K | $28K | $43K | $1K | — | View 990 |
| 2011 | $53K | $45K | $36K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $36K, expenses of $39K, and assets of $23K (revenue -32.3% year-over-year).
- 2019: Revenue of $53K, expenses of $68K, and assets of $27K (revenue -39.8% year-over-year).
- 2018: Revenue of $87K, expenses of $95K, and assets of $41K (revenue +20.3% year-over-year).
- 2017: Revenue of $73K, expenses of $81K, and assets of $48K (revenue -19.8% year-over-year).
- 2016: Revenue of $91K, expenses of $82K, and assets of $56K (revenue +2.2% year-over-year).
- 2015: Revenue of $89K, expenses of $89K, and assets of $48K (revenue +107.4% year-over-year).
- 2014: Revenue of $43K, expenses of $39K, and assets of $48K (revenue +25.6% year-over-year).
- 2013: Revenue of $34K, expenses of $32K, and assets of $44K (revenue -7.6% year-over-year).
- 2012: Revenue of $37K, expenses of $28K, and assets of $43K (revenue -30.3% year-over-year).
- 2011: Revenue of $53K, expenses of $45K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rem:
Data Sources and Methodology
This transparency report for Rem 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.