Sebago Lakes Region Chamber Of Commerce
Sebago Lakes Region Chamber Of Commerce maintains stable operations with zero reported officer compensation.
EIN: 10361797 · Windham, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $200K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $37K |
| Transparency Score | 85/100 |
Is Sebago Lakes Region Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sebago Lakes Region Chamber Of Commerce directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sebago Lakes Region Chamber Of Commerce
Sebago Lakes Region Chamber Of Commerce (EIN: 10361797) is a nonprofit organization based in Windham, ME. The organization reported total revenue of $204K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sebago Lakes Region Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sebago Lakes Region Chamber Of Commerce is a small nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $185K |
| Total Expenses | $200K |
| Surplus / Deficit | $-15,740 |
| Total Assets | $44K |
| Total Liabilities | $8K |
| Net Assets | $37K |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 17.2% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2023, Sebago Lakes Region Chamber Of Commerce reported a deficit of $16K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 17.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Sebago Lakes Region Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | +21.3% | -48.4% |
| 2021 | -8.2% | +15.6% | +6.3% |
| 2020 | +29.6% | -0.6% | +114.8% |
| 2019 | +5.5% | -3.6% | -1.2% |
| 2018 | -11.0% | +3.6% | -25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1979 |
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 Sebago Lakes Region Chamber Of Commerce with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Sebago Lakes Region Chamber Of Commerce 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-led or extremely lean executive structure for an organization with annual revenues consistently above $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 Sebago Lakes Region Chamber Of Commerce's IRS 990 filings:
- Operating deficit in the most recent filing (202309), with expenses exceeding revenue by $15,740.
Strengths
The following positive indicators were identified for Sebago Lakes Region Chamber Of Commerce:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
- Consistent filing history of IRS 990s, demonstrating transparency and compliance.
- Stable revenue base, consistently above $100,000 for over a decade.
Frequently Asked Questions about Sebago Lakes Region Chamber Of Commerce
Is Sebago Lakes Region Chamber Of Commerce a legitimate charity?
Sebago Lakes Region Chamber Of Commerce (EIN: 10361797) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $204K. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Sebago Lakes Region Chamber Of Commerce spend its money?
Sebago Lakes Region Chamber Of Commerce directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sebago Lakes Region Chamber Of Commerce tax-deductible?
Sebago Lakes Region Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 10361797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sebago Lakes Region Chamber Of Commerce CEO make?
Sebago Lakes Region Chamber Of Commerce's highest-compensated officer earns $100,000. annually. The organization reported $204K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sebago Lakes Region Chamber Of Commerce's spending goes to programs?
Sebago Lakes Region Chamber Of Commerce directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Sebago Lakes Region Chamber Of Commerce located?
Sebago Lakes Region Chamber Of Commerce is headquartered in Windham, Maine and files with the IRS under EIN 10361797.
How many years of IRS 990 filings does Sebago Lakes Region Chamber Of Commerce have?
Sebago Lakes Region Chamber Of Commerce has 12 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 $204K in total revenue.
Is the Sebago Lakes Region Chamber Of Commerce financially stable?
Yes, the organization appears financially stable. While the 202309 period showed a slight deficit ($184,674 revenue vs. $200,414 expenses), its assets of $44,451 and low liabilities of $7,651 suggest it can manage short-term fluctuations. Over the long term, revenues and expenses have generally been balanced.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its officers do not receive salaries or other compensation directly from the organization. This is a significant factor in its operational cost structure.
What is the trend in the organization's assets?
Assets have fluctuated, reaching a peak of $86,139 in 202112 and then decreasing to $44,451 in 202309. Despite the recent decrease, assets remain positive and significantly higher than liabilities.
Does the organization consistently operate at a surplus?
No, the organization does not consistently operate at a surplus. While some years show a surplus (e.g., 202012 with $186,252 revenue vs. $142,955 expenses), others show a deficit (e.g., 202309 with $184,674 revenue vs. $200,414 expenses). Overall, revenues and expenses tend to be closely matched.
Filing History
IRS 990 filing history for Sebago Lakes Region Chamber Of Commerce showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Sebago Lakes Region Chamber Of Commerce's revenue has grown by 55.6%, moving from $119K to $185K. Total assets decreased by 23.4% over the same period, from $58K to $44K. Total functional expenses rose by 64.1%, from $122K to $200K. In its most recent filing year (2023), Sebago Lakes Region Chamber Of Commerce reported a deficit of $16K, with expenses exceeding revenue. The organization holds $8K in liabilities against $44K in assets (debt-to-asset ratio: 17.2%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $185K | $200K | $44K | $8K | — | — |
| 2021 | $171K | $165K | $86K | $359 | — | View 990 |
| 2020 | $186K | $143K | $81K | $922 | — | — |
| 2019 | $144K | $144K | $38K | $926 | — | View 990 |
| 2018 | $136K | $149K | $38K | $1K | — | View 990 |
| 2017 | $153K | $144K | $51K | $1K | — | — |
| 2016 | $155K | $154K | $44K | $3K | — | View 990 |
| 2015 | $151K | $151K | $42K | $2K | — | View 990 |
| 2014 | $164K | $161K | $45K | $5K | — | View 990 |
| 2013 | $127K | $137K | $50K | $14K | — | View 990 |
| 2012 | $127K | $125K | $57K | $9K | — | View 990 |
| 2011 | $119K | $122K | $58K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $185K, expenses of $200K, and assets of $44K (revenue +8.0% year-over-year).
- 2021: Revenue of $171K, expenses of $165K, and assets of $86K (revenue -8.2% year-over-year).
- 2020: Revenue of $186K, expenses of $143K, and assets of $81K (revenue +29.6% year-over-year).
- 2019: Revenue of $144K, expenses of $144K, and assets of $38K (revenue +5.5% year-over-year).
- 2018: Revenue of $136K, expenses of $149K, and assets of $38K (revenue -11.0% year-over-year).
- 2017: Revenue of $153K, expenses of $144K, and assets of $51K (revenue -1.3% year-over-year).
- 2016: Revenue of $155K, expenses of $154K, and assets of $44K (revenue +2.6% year-over-year).
- 2015: Revenue of $151K, expenses of $151K, and assets of $42K (revenue -7.7% year-over-year).
- 2014: Revenue of $164K, expenses of $161K, and assets of $45K (revenue +28.6% year-over-year).
- 2013: Revenue of $127K, expenses of $137K, and assets of $50K (revenue +0.5% year-over-year).
- 2012: Revenue of $127K, expenses of $125K, and assets of $57K (revenue +6.7% year-over-year).
- 2011: Revenue of $119K, expenses of $122K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sebago Lakes Region Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Sebago Lakes Region Chamber Of Commerce 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.