Seven Trees Inc
Seven Trees Inc. reports zero revenue and assets in its latest filing, indicating potential dormancy after years of volatile finances.
EIN: 10359438 · Bristol, ME · NTEE: P73Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $89K |
| Program Spending | 75% |
| Net Assets | $25K |
| Transparency Score | 30/100 |
Is Seven Trees Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seven Trees Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seven Trees Inc
Seven Trees Inc (EIN: 10359438) is a nonprofit organization based in Bristol, ME, classified under NTEE code P73Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seven Trees Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seven Trees Inc is a micro nonprofit that has been operating for 47 years, with 7 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $89K |
| Surplus / Deficit | $-55,927 |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | -170.6% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2018, Seven Trees Inc reported a deficit of $56K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 7 years of filings (2011–2018), Seven Trees Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +5609.6% | -9.9% | -90.8% |
| 2016 | -99.6% | +411.3% | -26.3% |
| 2015 | +34.4% | -28.5% | +63.2% |
| 2014 | +1128.9% | -15.4% | +70.9% |
| 2013 | +948.3% | +20.2% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Seven Trees Inc with a Mission Score of 30 out of 100 (Poor). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Seven Trees Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $56K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, which is appropriate given the organization's fluctuating and often limited financial resources.
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 Seven Trees Inc's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential dormancy or cessation of operations.
- Significant and consistent operating deficits in multiple years (e.g., 2018: $32,773 revenue vs. $88,700 expenses; 2016: $574 revenue vs. $98,415 expenses).
- Highly volatile revenue streams across different filing periods, suggesting unstable funding or project-based income that did not sustain the organization.
Strengths
The following positive indicators were identified for Seven Trees Inc:
- Consistent reporting of 0% officer compensation, indicating responsible executive pay practices.
- No reported liabilities across all filing periods, suggesting the organization avoided accumulating debt.
Frequently Asked Questions about Seven Trees Inc
Is Seven Trees Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seven Trees Inc (EIN: 10359438) significant concerns. Mission Score: 30/100. 3 red flags identified, 2 strengths noted.
How does Seven Trees Inc spend its money?
Seven Trees Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seven Trees Inc tax-deductible?
Seven Trees Inc is registered as a tax-exempt nonprofit (EIN: 10359438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seven Trees Inc's spending goes to programs?
Seven Trees Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seven Trees Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Seven Trees Inc is below average for NTEE category P73Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seven Trees Inc located?
Seven Trees Inc is headquartered in Bristol, Maine and files with the IRS under EIN 10359438. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Seven Trees Inc have?
Seven Trees Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Seven Trees Inc. still operational?
Based on the latest filing showing $0 in revenue and assets, it is highly questionable whether Seven Trees Inc. is still actively operational. Further investigation would be needed to confirm its current status.
What caused the significant decline in financial activity?
The provided data does not specify the reasons for the decline, but the sharp drop from significant revenue and assets in earlier years to zero in the latest filing suggests a major operational change or cessation of activities.
How did Seven Trees Inc. manage its expenses when revenue was low?
In periods like 2016, where revenue was $574 and expenses were $98,415, the organization likely relied on accumulated assets or prior year surpluses to cover operational costs, leading to a reduction in assets over time.
Filing History
IRS 990 filing history for Seven Trees Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2018), Seven Trees Inc's revenue has grown by 117.8%, moving from $15K to $33K. Total assets decreased by 86% over the same period, from $181K to $25K. Total functional expenses rose by 132.6%, from $38K to $89K. In its most recent filing year (2018), Seven Trees Inc reported a deficit of $56K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $33K | $89K | $25K | $0 | — | View 990 |
| 2016 | $574 | $98K | $274K | $0 | — | View 990 |
| 2015 | $163K | $19K | $372K | $0 | — | View 990 |
| 2014 | $121K | $27K | $228K | $0 | — | View 990 |
| 2013 | $10K | $32K | $133K | $0 | — | View 990 |
| 2012 | $942 | $26K | $155K | $0 | — | View 990 |
| 2011 | $15K | $38K | $181K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $33K, expenses of $89K, and assets of $25K (revenue +5609.6% year-over-year).
- 2016: Revenue of $574, expenses of $98K, and assets of $274K (revenue -99.6% year-over-year).
- 2015: Revenue of $163K, expenses of $19K, and assets of $372K (revenue +34.4% year-over-year).
- 2014: Revenue of $121K, expenses of $27K, and assets of $228K (revenue +1128.9% year-over-year).
- 2013: Revenue of $10K, expenses of $32K, and assets of $133K (revenue +948.3% year-over-year).
- 2012: Revenue of $942, expenses of $26K, and assets of $155K (revenue -93.7% year-over-year).
- 2011: Revenue of $15K, expenses of $38K, and assets of $181K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seven Trees Inc:
Data Sources and Methodology
This transparency report for Seven Trees 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.