Senior Center At Lower Village Inc
Senior Center At Lower Village Inc: Consistent Operations, Modest Growth
EIN: 223075624 · Kennebunk, ME · Updated: 2026-04-04
About Senior Center At Lower Village Inc
Senior Center At Lower Village Inc (EIN: 223075624) is a nonprofit organization based in Kennebunk, ME. The organization reported total revenue of $402K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Senior Center At Lower Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Senior Center At Lower Village Inc with a Mission Score of 75 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, Senior Center At Lower Village Inc 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.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the disclosure threshold or not applicable.
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 Senior Center At Lower Village Inc:
- Consistent revenue generation over multiple years, demonstrating operational stability.
- Healthy asset base relative to annual revenue, indicating financial resilience.
- Zero reported lobbying costs, suggesting a direct service-oriented mission.
Frequently Asked Questions about Senior Center At Lower Village Inc
What does Senior Center At Lower Village Inc do?
Senior Center At Lower Village Inc is a nonprofit organization in the Unknown sector, located in Kennebunk, Maine. It is classified under NTEE code Unknown.
How much revenue does Senior Center At Lower Village Inc have?
Senior Center At Lower Village Inc reported total revenue of $401,912. Based on 10 IRS 990 filings on record.
What are Senior Center At Lower Village Inc's total assets?
Senior Center At Lower Village Inc holds total assets of $2,350,275 as reported in IRS 990 filings.
Where is Senior Center At Lower Village Inc located?
Senior Center At Lower Village Inc is based in Kennebunk, Maine.
What is Senior Center At Lower Village Inc's EIN?
Senior Center At Lower Village Inc's Employer Identification Number (EIN) is 223075624. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Senior Center At Lower Village Inc?
Senior Center At Lower Village Inc is classified under NTEE code Unknown (Unknown).
Is Senior Center At Lower Village Inc a registered 501(c)(3)?
Senior Center At Lower Village Inc appears in IRS records (EIN: 223075624). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Senior Center At Lower Village Inc file IRS Form 990?
Yes, Senior Center At Lower Village Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Senior Center At Lower Village Inc's revenue in 2023?
In the 202312 filing period, Senior Center At Lower Village Inc reported total revenue of $401,912, total expenses of $403,376, and net assets of $2,350,275.
Is Senior Center At Lower Village Inc's revenue growing or declining?
Senior Center At Lower Village Inc's revenue is growing. Revenue went from $305,354 (202212) to $401,912 (202312), a +31.6% change. Based on 10 filings on record.
What is Senior Center At Lower Village Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Senior Center At Lower Village Inc covers tax period 202312. It shows revenue of $401,912, expenses of $403,376, total assets of $2,350,275, and liabilities of $17,201.
How much does Senior Center At Lower Village Inc spend on programs vs administration?
Based on IRS 990 analysis, Senior Center At Lower Village Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Senior Center At Lower Village Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Senior Center At Lower Village Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Senior Center At Lower Village Inc's strengths?
Positive indicators for Senior Center At Lower Village Inc include: Consistent revenue generation over multiple years, demonstrating operational stability.. Healthy asset base relative to annual revenue, indicating financial resilience.. Zero reported lobbying costs, suggesting a direct service-oriented mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Senior Center At Lower Village Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the disclosure threshold or not applicable. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations with relatively low reported revenue compared to its asset base?
The organization appears to have a significant endowment or accumulated assets, with total assets consistently over $1.3 million, which likely provides a stable financial foundation beyond annual program revenue.
What is the primary source of funding given the fluctuating revenue figures and absence of lobbying expenses?
Without more detailed breakdowns, it's difficult to pinpoint the exact primary source, but the consistent asset growth suggests a mix of donations, investment income, and potentially grants, rather than significant government contracts requiring lobbying.
Filing History
IRS 990 filing history for Senior Center At Lower Village Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Senior Center At Lower Village Inc's revenue has grown by 38%, moving from $291K to $402K. Total assets increased by 61.9% over the same period, from $1.5M to $2.4M. Total functional expenses rose by 52.5%, from $265K to $403K. In its most recent filing year (2023), Senior Center At Lower Village Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $17K in liabilities against $2.4M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $402K | $403K | $2.4M | $17K | — | View 990 |
| 2022 | $305K | $334K | $2.2M | $10K | — | View 990 |
| 2021 | $753K | $376K | $2.5M | $12K | — | View 990 |
| 2020 | $397K | $264K | $2.1M | $7K | — | View 990 |
| 2019 | $436K | $388K | $2.0M | $7K | — | View 990 |
| 2015 | $238K | $332K | $1.4M | $8K | — | View 990 |
| 2014 | $221K | $264K | $1.5M | $8K | — | View 990 |
| 2013 | $233K | $272K | $1.5M | $7K | — | View 990 |
| 2012 | $243K | $269K | $1.5M | $8K | — | View 990 |
| 2011 | $291K | $265K | $1.5M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $402K, expenses of $403K, and assets of $2.4M (revenue +31.6% year-over-year).
- 2022: Revenue of $305K, expenses of $334K, and assets of $2.2M (revenue -59.5% year-over-year).
- 2021: Revenue of $753K, expenses of $376K, and assets of $2.5M (revenue +89.5% year-over-year).
- 2020: Revenue of $397K, expenses of $264K, and assets of $2.1M (revenue -8.8% year-over-year).
- 2019: Revenue of $436K, expenses of $388K, and assets of $2.0M (revenue +83.1% year-over-year).
- 2015: Revenue of $238K, expenses of $332K, and assets of $1.4M (revenue +7.6% year-over-year).
- 2014: Revenue of $221K, expenses of $264K, and assets of $1.5M (revenue -4.9% year-over-year).
- 2013: Revenue of $233K, expenses of $272K, and assets of $1.5M (revenue -4.2% year-over-year).
- 2012: Revenue of $243K, expenses of $269K, and assets of $1.5M (revenue -16.6% year-over-year).
- 2011: Revenue of $291K, expenses of $265K, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Senior Center At Lower Village Inc 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.