Seventy Five State Street
Seventy Five State Street shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 10211791 · Portland, ME · NTEE: L22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.4M |
| Total Expenses | $8.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $8.9M |
| Transparency Score | 85/100 |
Is Seventy Five State Street Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seventy Five State Street directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seventy Five State Street
Seventy Five State Street (EIN: 10211791) is a nonprofit organization based in Portland, ME, classified under NTEE code L22Z. The organization reported total revenue of $14.4M and total assets of $26.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seventy Five State Street's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seventy Five State Street is a large nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.2M |
| Total Expenses | $8.7M |
| Surplus / Deficit | +$539K |
| Total Assets | $19.1M |
| Total Liabilities | $10.2M |
| Net Assets | $8.9M |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 53.3% |
| Months of Reserves | 26.3 months |
Financial Health Grade: A
In 2023, Seventy Five State Street reported a surplus of $539K with revenue exceeding expenses, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 53.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seventy Five State Street's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | +4.9% | +5.7% |
| 2022 | +26.8% | +12.6% | +31.3% |
| 2021 | -1.0% | +4.4% | +20.7% |
| 2020 | +11.7% | +6.5% | +2.6% |
| 2019 | +3.2% | +6.3% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Seventy Five State Street 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Seventy Five State Street 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $539K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $9 million annually. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which could obscure a complete picture of remuneration.
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 Seventy Five State Street's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and could indicate a lack of transparency in executive remuneration reporting.
Strengths
The following positive indicators were identified for Seventy Five State Street:
- Strong and consistent revenue growth, increasing from $5.38 million in 2014 to $9.23 million in 2023.
- Healthy asset accumulation, with assets growing from $11.93 million in 2014 to $26.61 million currently.
- Consistent operational surpluses in most years (e.g., $9.23M revenue vs. $8.69M expenses in 2023), indicating sound financial management.
- Positive trend in net assets (Assets minus Liabilities) over time, suggesting increasing financial stability.
Frequently Asked Questions about Seventy Five State Street
Is Seventy Five State Street a legitimate charity?
Based on AI analysis of IRS 990 filings, Seventy Five State Street (EIN: 10211791) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Seventy Five State Street spend its money?
Seventy Five State Street directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seventy Five State Street tax-deductible?
Seventy Five State Street is registered as a tax-exempt nonprofit (EIN: 10211791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seventy Five State Street CEO make?
Seventy Five State Street's highest-compensated officer earns $9 annually. The organization reported $14.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seventy Five State Street's spending goes to programs?
Seventy Five State Street directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seventy Five State Street compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Seventy Five State Street is above average for NTEE category L22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seventy Five State Street located?
Seventy Five State Street is headquartered in Portland, Maine and files with the IRS under EIN 10211791. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Seventy Five State Street have?
Seventy Five State Street has 13 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 $14.4M in total revenue.
Is Seventy Five State Street a good charity?
Based on its financial health, consistent revenue growth, and asset accumulation, Seventy Five State Street appears to be a financially stable organization. Its ability to consistently operate with a surplus (e.g., $9.23M revenue vs. $8.69M expenses in 2023) suggests good financial management. However, the lack of reported officer compensation is an unusual data point that could impact a full assessment of its transparency and efficiency.
How has Seventy Five State Street's financial health changed over time?
Seventy Five State Street has shown significant financial improvement over the past decade. Revenue has grown from $5.38 million in 2014 to $9.23 million in 2023, and assets have nearly doubled from $11.93 million to $19.05 million in the same period, indicating strong and sustained growth.
What is the significance of 0% officer compensation?
A consistent 0% officer compensation reported on IRS 990 filings for an organization of this size is highly unusual. It could mean that executive leadership is entirely volunteer-based, or that compensation is reported under different expense categories, making it difficult to assess executive pay transparency and its impact on overall spending efficiency.
Filing History
IRS 990 filing history for Seventy Five State Street showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seventy Five State Street's revenue has grown by 89.9%, moving from $4.9M to $9.2M. Total assets increased by 43.6% over the same period, from $13.3M to $19.1M. Total functional expenses rose by 59%, from $5.5M to $8.7M. In its most recent filing year (2023), Seventy Five State Street reported a surplus of $539K, with revenue exceeding expenses. The organization holds $10.2M in liabilities against $19.1M in assets (debt-to-asset ratio: 53.3%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $8.7M | $19.1M | $10.2M | — | — |
| 2022 | $9.3M | $8.3M | $18.0M | $10.3M | — | View 990 |
| 2021 | $7.3M | $7.4M | $13.7M | $6.2M | — | View 990 |
| 2020 | $7.4M | $7.1M | $11.4M | $4.5M | — | — |
| 2019 | $6.6M | $6.6M | $11.1M | $4.8M | — | View 990 |
| 2018 | $6.4M | $6.2M | $9.9M | $4.2M | — | View 990 |
| 2017 | $6.0M | $5.9M | $10.5M | $4.5M | — | View 990 |
| 2016 | $5.5M | $5.9M | $10.4M | $5.0M | — | View 990 |
| 2015 | $5.7M | $5.9M | $11.0M | $5.3M | — | View 990 |
| 2014 | $5.4M | $5.8M | $11.9M | $5.5M | — | View 990 |
| 2013 | $5.7M | $5.6M | $13.6M | $6.7M | — | View 990 |
| 2012 | $5.6M | $5.5M | $13.3M | $6.9M | — | View 990 |
| 2011 | $4.9M | $5.5M | $13.3M | $7.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $8.7M, and assets of $19.1M (revenue -0.4% year-over-year).
- 2022: Revenue of $9.3M, expenses of $8.3M, and assets of $18.0M (revenue +26.8% year-over-year).
- 2021: Revenue of $7.3M, expenses of $7.4M, and assets of $13.7M (revenue -1.0% year-over-year).
- 2020: Revenue of $7.4M, expenses of $7.1M, and assets of $11.4M (revenue +11.7% year-over-year).
- 2019: Revenue of $6.6M, expenses of $6.6M, and assets of $11.1M (revenue +3.2% year-over-year).
- 2018: Revenue of $6.4M, expenses of $6.2M, and assets of $9.9M (revenue +6.6% year-over-year).
- 2017: Revenue of $6.0M, expenses of $5.9M, and assets of $10.5M (revenue +9.7% year-over-year).
- 2016: Revenue of $5.5M, expenses of $5.9M, and assets of $10.4M (revenue -3.7% year-over-year).
- 2015: Revenue of $5.7M, expenses of $5.9M, and assets of $11.0M (revenue +6.0% year-over-year).
- 2014: Revenue of $5.4M, expenses of $5.8M, and assets of $11.9M (revenue -4.8% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.6M, and assets of $13.6M (revenue +1.7% year-over-year).
- 2012: Revenue of $5.6M, expenses of $5.5M, and assets of $13.3M (revenue +14.2% year-over-year).
- 2011: Revenue of $4.9M, expenses of $5.5M, and assets of $13.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seventy Five State Street:
Data Sources and Methodology
This transparency report for Seventy Five State Street 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.