Ross Powers Foundation
Ross Powers Foundation maintains stable assets and zero executive compensation amidst fluctuating revenues.
EIN: 10541580 · S Portland, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $47K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $260,091 |
| Net Assets | $260K |
| Transparency Score | 95/100 |
Is Ross Powers Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ross Powers Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ross Powers Foundation
Ross Powers Foundation (EIN: 10541580) is a nonprofit organization based in S Portland, ME, classified under NTEE code B82. The organization reported total revenue of $167K and total assets of $268K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ross Powers Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ross Powers Foundation is a small nonprofit that has been operating for 23 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $47K |
| Surplus / Deficit | +$3K |
| Total Assets | $260K |
| Total Liabilities | $1 |
| Net Assets | $260K |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 66.5 months |
Financial Health Grade: A
In 2023, Ross Powers Foundation reported a surplus of $3K with revenue exceeding expenses, holds 66.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Ross Powers Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.7% | +16.4% | +1.3% |
| 2022 | +759.6% | +162.7% | +9.2% |
| 2021 | -89.6% | -76.9% | -3.3% |
| 2020 | -15.2% | +4.6% | +16.0% |
| 2015 | +192.1% | +21.7% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Ross Powers Foundation 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, Ross Powers Foundation 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with assets of $260,091 and suggests a volunteer-driven leadership structure.
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 Ross Powers Foundation:
- Consistent 0% officer compensation, indicating high program focus.
- Growing asset base, demonstrating financial stability (from $154,481 in 2011 to $260,091 in 2023).
- Minimal liabilities ($1 in recent years), reflecting strong financial management.
- Expenses generally kept below or in line with revenue, showing fiscal prudence.
- Excellent transparency with a clear history of IRS 990 filings.
Frequently Asked Questions about Ross Powers Foundation
Is Ross Powers Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ross Powers Foundation (EIN: 10541580) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Ross Powers Foundation spend its money?
Ross Powers Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ross Powers Foundation tax-deductible?
Ross Powers Foundation is registered as a tax-exempt nonprofit (EIN: 10541580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ross Powers Foundation CEO make?
Ross Powers Foundation's highest-compensated officer earns $260,091 annually. The organization reported $167K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Ross Powers Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Ross Powers Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ross Powers Foundation located?
Ross Powers Foundation is headquartered in S Portland, Maine and files with the IRS under EIN 10541580. It is classified under NTEE code B82.
How many years of IRS 990 filings does Ross Powers Foundation have?
Ross Powers Foundation has 9 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 $167K in total revenue.
Is Ross Powers Foundation a good charity?
Based on the available financial data, the Ross Powers Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and, most notably, zero executive compensation, suggesting a high percentage of funds go directly to its mission.
How does the foundation manage its expenses relative to its revenue?
The foundation generally manages its expenses well, with expenses often below or close to revenue. For example, in 2023, expenses were $46,907 against revenues of $50,303, indicating responsible spending within its means.
What is the trend in the foundation's assets?
The foundation's assets have shown a general upward trend over time, increasing from $154,481 in 2011 to $260,091 in 2023, indicating financial growth and stability.
Filing History
IRS 990 filing history for Ross Powers Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Ross Powers Foundation's revenue has declined by 68.3%, moving from $159K to $50K. Total assets increased by 68.4% over the same period, from $154K to $260K. Total functional expenses fell by 64.9%, from $133K to $47K. In its most recent filing year (2023), Ross Powers Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $260K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $260K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $47K | $260K | $1 | — | — |
| 2022 | $62K | $40K | $257K | $1 | — | View 990 |
| 2021 | $7K | $15K | $235K | $1 | — | — |
| 2020 | $69K | $66K | $243K | $1 | — | — |
| 2015 | $82K | $63K | $210K | $1 | — | View 990 |
| 2014 | $28K | $52K | $192K | $1 | — | View 990 |
| 2013 | $71K | $52K | $216K | $0 | — | View 990 |
| 2012 | $189K | $147K | $197K | $0 | — | View 990 |
| 2011 | $159K | $133K | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $47K, and assets of $260K (revenue -18.7% year-over-year).
- 2022: Revenue of $62K, expenses of $40K, and assets of $257K (revenue +759.6% year-over-year).
- 2021: Revenue of $7K, expenses of $15K, and assets of $235K (revenue -89.6% year-over-year).
- 2020: Revenue of $69K, expenses of $66K, and assets of $243K (revenue -15.2% year-over-year).
- 2015: Revenue of $82K, expenses of $63K, and assets of $210K (revenue +192.1% year-over-year).
- 2014: Revenue of $28K, expenses of $52K, and assets of $192K (revenue -60.7% year-over-year).
- 2013: Revenue of $71K, expenses of $52K, and assets of $216K (revenue -62.5% year-over-year).
- 2012: Revenue of $189K, expenses of $147K, and assets of $197K (revenue +19.2% year-over-year).
- 2011: Revenue of $159K, expenses of $133K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ross Powers Foundation:
Data Sources and Methodology
This transparency report for Ross Powers 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.