Rumford Polar Bears Snowmobile Club

Rumford Polar Bears Snowmobile Club maintains strong assets despite recent operational deficits and zero officer compensation.

EIN: 10519114 · Rumford, ME · NTEE: N68 · Updated: 2026-03-28

$50KRevenue

$277KAssets

90/100Mission Score (Excellent)

N68

About Rumford Polar Bears Snowmobile Club

Rumford Polar Bears Snowmobile Club (EIN: 10519114) is a nonprofit organization based in Rumford, ME, classified under NTEE code N68. The organization reported total revenue of $50K and total assets of $277K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rumford Polar Bears Snowmobile Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Rumford Polar Bears Snowmobile Club demonstrates consistent financial transparency with publicly available IRS 990 filings. The organization's financial health shows some volatility in revenue and expenses, with recent periods (202306 and 202406) reporting expenses exceeding revenue, leading to a decrease in assets from a high of $385,062 in 202206 to $296,509 in 202406. However, the club maintains a strong asset base relative to its annual revenue, indicating financial stability despite operational deficits in some years. The consistent reporting of zero liabilities across all available filings is a significant positive indicator of financial prudence.

Spending efficiency appears to be focused almost entirely on program services, given the nature of a snowmobile club and the absence of reported officer compensation. This suggests that the vast majority of funds are directed towards trail maintenance, grooming, and other activities directly supporting the club's mission. The lack of reported officer compensation also implies a volunteer-driven operational model, which inherently maximizes the proportion of funds available for program delivery.

Overall, the club exhibits strong transparency through its regular filings and appears to be efficiently managed with a clear focus on its program activities. While recent years show operational deficits, the substantial asset base provides a buffer, and the absence of liabilities and officer compensation are strong indicators of a well-managed, mission-focused organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rumford Polar Bears Snowmobile Club 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Rumford Polar Bears Snowmobile Club allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization is likely volunteer-run at the leadership level, which is highly efficient for an organization of its size with annual revenues typically under $100,000.

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 Rumford Polar Bears Snowmobile Club's IRS 990 filings:

Expenses exceeded revenue in recent periods (202306 and 202406), leading to asset reduction.

Strengths

The following positive indicators were identified for Rumford Polar Bears Snowmobile Club:

Zero officer compensation reported across all filings, indicating a volunteer-driven model.
No reported liabilities in any filing, demonstrating strong financial health and prudence.
Substantial asset base ($296,509 in 202406) provides financial stability.
High program spending ratio due to minimal administrative and fundraising overhead.

Frequently Asked Questions about Rumford Polar Bears Snowmobile Club

Is Rumford Polar Bears Snowmobile Club a good charity?

Based on the available IRS 990 data, the Rumford Polar Bears Snowmobile Club appears to be a good charity. It demonstrates strong program focus, zero officer compensation, and no reported liabilities, indicating efficient use of funds and sound financial management.

How does the club manage its finances given recent deficits?

While the club reported expenses exceeding revenue in 202306 ($108,074 expenses vs. $50,032 revenue) and 202406 ($85,106 expenses vs. $54,595 revenue), it maintains a substantial asset base (e.g., $296,509 in 202406) which provides a buffer to cover these operational shortfalls without incurring debt.

What is the club's long-term financial trend?

The club's long-term financial trend shows fluctuating revenue, with a significant spike in 202206 ($234,727) followed by a return to typical levels. Assets have generally grown over time, from $178,151 in 201506 to $296,509 in 202406, despite recent dips from the 202206 peak.

Filing History

IRS 990 filing history for Rumford Polar Bears Snowmobile Club showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Rumford Polar Bears Snowmobile Club's revenue has grown by 12.9%, moving from $48K to $55K. Total assets increased by 103.3% over the same period, from $146K to $297K. Total functional expenses rose by 129.2%, from $37K to $85K. In its most recent filing year (2024), Rumford Polar Bears Snowmobile Club reported a deficit of $31K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$55K	$85K	$297K	$0	—	—
2023	$50K	$108K	$327K	$0	—	View 990
2022	$235K	$62K	$385K	$0	—	View 990
2021	$43K	$29K	$212K	$0	—	View 990
2020	$35K	$31K	$198K	$0	—	View 990
2019	$42K	$28K	$193K	$0	—	View 990
2018	$38K	$46K	$179K	$0	—	View 990
2017	$46K	$28K	$187K	$0	—	View 990
2016	$40K	$50K	$168K	$0	—	View 990
2015	$37K	$25K	$178K	$0	—	View 990
2014	$40K	$34K	$167K	$0	—	View 990
2013	$42K	$27K	$161K	$0	—	View 990
2012	$48K	$37K	$146K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $55K, expenses of $85K, and assets of $297K (revenue +9.1% year-over-year).
2023: Revenue of $50K, expenses of $108K, and assets of $327K (revenue -78.7% year-over-year).
2022: Revenue of $235K, expenses of $62K, and assets of $385K (revenue +445.1% year-over-year).
2021: Revenue of $43K, expenses of $29K, and assets of $212K (revenue +21.5% year-over-year).
2020: Revenue of $35K, expenses of $31K, and assets of $198K (revenue -16.4% year-over-year).
2019: Revenue of $42K, expenses of $28K, and assets of $193K (revenue +10.2% year-over-year).
2018: Revenue of $38K, expenses of $46K, and assets of $179K (revenue -17.2% year-over-year).
2017: Revenue of $46K, expenses of $28K, and assets of $187K (revenue +16.9% year-over-year).
2016: Revenue of $40K, expenses of $50K, and assets of $168K (revenue +7.8% year-over-year).
2015: Revenue of $37K, expenses of $25K, and assets of $178K (revenue -7.2% year-over-year).
2014: Revenue of $40K, expenses of $34K, and assets of $167K (revenue -5.4% year-over-year).
2013: Revenue of $42K, expenses of $27K, and assets of $161K (revenue -13.2% year-over-year).
2012: Revenue of $48K, expenses of $37K, and assets of $146K.

Data Sources and Methodology

This transparency report for Rumford Polar Bears Snowmobile Club 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.