Schoodic Arts For All
Schoodic Arts For All consistently directs funds to programs with no officer compensation and growing assets.
EIN: 10532230 · Winter Harbor, ME · NTEE: A200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $687K |
| Total Expenses | $402K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $274,558 |
| Net Assets | $1.6M |
| Transparency Score | 95/100 |
Is Schoodic Arts For All Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Schoodic Arts For All directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Schoodic Arts For All
Schoodic Arts For All (EIN: 10532230) is a nonprofit organization based in Winter Harbor, ME, classified under NTEE code A200. The organization reported total revenue of $687K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Schoodic Arts For All's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Schoodic Arts For All is a small nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $485K |
| Total Expenses | $402K |
| Surplus / Deficit | +$82K |
| Total Assets | $1.7M |
| Total Liabilities | $46K |
| Net Assets | $1.6M |
| Operating Margin | 17.0% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 49.8 months |
Financial Health Grade: A
In 2023, Schoodic Arts For All reported a surplus of $82K with revenue exceeding expenses, holds 49.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Schoodic Arts For All's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.2% | +3.2% | +9.4% |
| 2022 | -22.5% | -5.6% | -10.7% |
| 2021 | +30.8% | +27.8% | +15.1% |
| 2020 | -35.2% | -16.6% | +13.8% |
| 2019 | -31.3% | +12.9% | +22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Schoodic Arts For All 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Schoodic Arts For All allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $82K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Schoodic Arts For All consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is highly unusual for an organization with annual revenues ranging from $274,558 to $885,908 and assets exceeding $1.8 million, suggesting a volunteer-led executive structure or that compensation is reported under other expense categories, though the former is more likely given the consistent 0% reporting.
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 Schoodic Arts For All's IRS 990 filings:
- Lack of detailed breakdown for program vs. administrative vs. fundraising expenses in provided data, making precise efficiency calculations difficult without full 990 access.
- Unusually consistent 0% officer compensation for an organization of this size, which, while positive for efficiency, could indicate that executive roles are entirely volunteer or compensation is reported in a less transparent manner (though the former is more probable).
Strengths
The following positive indicators were identified for Schoodic Arts For All:
- Consistent 0% officer compensation across all filings, indicating a strong commitment to mission and efficient use of funds.
- Strong and growing asset base, reaching $1,669,809 in 2023, demonstrating financial stability and long-term sustainability.
- Generally operates with a surplus (revenue exceeding expenses), allowing for asset accumulation and future program investment.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $45,959 liabilities vs. $1,669,809 assets in 2023).
- Long filing history (14 filings) suggests consistent operation and compliance.
Frequently Asked Questions about Schoodic Arts For All
Is Schoodic Arts For All a legitimate charity?
Based on AI analysis of IRS 990 filings, Schoodic Arts For All (EIN: 10532230) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Schoodic Arts For All spend its money?
Schoodic Arts For All directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Schoodic Arts For All tax-deductible?
Schoodic Arts For All is registered as a tax-exempt nonprofit (EIN: 10532230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Schoodic Arts For All CEO make?
Schoodic Arts For All's highest-compensated officer earns $274,558 annually. The organization reported $687K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Schoodic Arts For All's spending goes to programs?
Schoodic Arts For All directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Schoodic Arts For All compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Schoodic Arts For All is above average for NTEE category A200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Schoodic Arts For All located?
Schoodic Arts For All is headquartered in Winter Harbor, Maine and files with the IRS under EIN 10532230. It is classified under NTEE code A200.
How many years of IRS 990 filings does Schoodic Arts For All have?
Schoodic Arts For All has 14 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 $687K in total revenue.
Is Schoodic Arts For All a good charity?
Yes, Schoodic Arts For All appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds to its mission. Its assets have grown significantly, reaching $1,669,809 in 2023, and it generally operates with a surplus, demonstrating financial stability and efficient management.
How does Schoodic Arts For All manage its administrative costs?
While specific administrative cost breakdowns are not fully detailed in the provided summary, the consistent reporting of 0% officer compensation strongly suggests that administrative overhead, particularly at the executive level, is kept extremely low, likely through volunteer efforts or very lean staffing. This implies a high degree of efficiency in managing non-program expenses.
What is the trend in Schoodic Arts For All's revenue?
Schoodic Arts For All's revenue has fluctuated over the years, with a high of $885,908 in 2018 and a low of $274,558 in 2014. More recently, revenue was $484,506 in 2023, showing a slight increase from $399,851 in 2022, indicating a generally stable, albeit variable, funding stream.
Filing History
IRS 990 filing history for Schoodic Arts For All showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Schoodic Arts For All's revenue has grown by 139.5%, moving from $202K to $485K. Total assets increased by 696% over the same period, from $210K to $1.7M. Total functional expenses rose by 86.6%, from $216K to $402K. In its most recent filing year (2023), Schoodic Arts For All reported a surplus of $82K, with revenue exceeding expenses. The organization holds $46K in liabilities against $1.7M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $485K | $402K | $1.7M | $46K | — | — |
| 2022 | $400K | $390K | $1.5M | $43K | — | View 990 |
| 2021 | $516K | $413K | $1.7M | $39K | — | View 990 |
| 2020 | $394K | $323K | $1.5M | $38K | — | View 990 |
| 2019 | $608K | $387K | $1.3M | $33K | — | View 990 |
| 2018 | $886K | $343K | $1.1M | $19K | — | View 990 |
| 2017 | $332K | $331K | $531K | $22K | — | View 990 |
| 2016 | $581K | $309K | $529K | $20K | — | View 990 |
| 2015 | $325K | $311K | $256K | $19K | — | View 990 |
| 2014 | $275K | $250K | $243K | $20K | — | View 990 |
| 2013 | $259K | $238K | $209K | $11K | — | View 990 |
| 2012 | $277K | $253K | $189K | $12K | — | View 990 |
| 2011 | $216K | $212K | $228K | $24K | — | View 990 |
| 2010 | $202K | $216K | $210K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $485K, expenses of $402K, and assets of $1.7M (revenue +21.2% year-over-year).
- 2022: Revenue of $400K, expenses of $390K, and assets of $1.5M (revenue -22.5% year-over-year).
- 2021: Revenue of $516K, expenses of $413K, and assets of $1.7M (revenue +30.8% year-over-year).
- 2020: Revenue of $394K, expenses of $323K, and assets of $1.5M (revenue -35.2% year-over-year).
- 2019: Revenue of $608K, expenses of $387K, and assets of $1.3M (revenue -31.3% year-over-year).
- 2018: Revenue of $886K, expenses of $343K, and assets of $1.1M (revenue +166.9% year-over-year).
- 2017: Revenue of $332K, expenses of $331K, and assets of $531K (revenue -42.9% year-over-year).
- 2016: Revenue of $581K, expenses of $309K, and assets of $529K (revenue +78.8% year-over-year).
- 2015: Revenue of $325K, expenses of $311K, and assets of $256K (revenue +18.3% year-over-year).
- 2014: Revenue of $275K, expenses of $250K, and assets of $243K (revenue +6.1% year-over-year).
- 2013: Revenue of $259K, expenses of $238K, and assets of $209K (revenue -6.6% year-over-year).
- 2012: Revenue of $277K, expenses of $253K, and assets of $189K (revenue +28.3% year-over-year).
- 2011: Revenue of $216K, expenses of $212K, and assets of $228K (revenue +6.7% year-over-year).
- 2010: Revenue of $202K, expenses of $216K, and assets of $210K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Schoodic Arts For All:
Data Sources and Methodology
This transparency report for Schoodic Arts For All 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.