Sheepscot Valley Childrens House
Sheepscot Valley Childrens House maintains stable operations with zero executive compensation, despite occasional deficits.
EIN: 10398692 · Wiscasset, ME · NTEE: B21Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $487K |
| Total Expenses | $489K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $196K |
| Transparency Score | 92/100 |
Is Sheepscot Valley Childrens House Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sheepscot Valley Childrens House directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sheepscot Valley Childrens House
Sheepscot Valley Childrens House (EIN: 10398692) is a nonprofit organization based in Wiscasset, ME, classified under NTEE code B21Z. The organization reported total revenue of $487K and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheepscot Valley Childrens House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sheepscot Valley Childrens House is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $453K |
| Total Expenses | $489K |
| Surplus / Deficit | $-35,663 |
| Total Assets | $237K |
| Total Liabilities | $41K |
| Net Assets | $196K |
| Operating Margin | -7.9% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Sheepscot Valley Childrens House reported a deficit of $36K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sheepscot Valley Childrens House's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | +14.7% | -14.5% |
| 2022 | +50.6% | +38.8% | +6.3% |
| 2021 | +36.0% | +32.3% | +5.8% |
| 2020 | -9.5% | -14.0% | +18.9% |
| 2019 | +5.1% | +10.1% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Sheepscot Valley Childrens House with a Mission Score of 92 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, Sheepscot Valley Childrens House 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 deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with revenues approaching $500,000.
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 Sheepscot Valley Childrens House's IRS 990 filings:
- Occasional operating deficits, such as in 202306 where expenses ($489,032) exceeded revenue ($453,369).
Strengths
The following positive indicators were identified for Sheepscot Valley Childrens House:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant revenue growth over the past three years, from $239,055 in 202006 to $453,369 in 202306.
- Healthy asset-to-liability ratio, with assets ($236,523 in 202306) far exceeding liabilities ($40,552).
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Sheepscot Valley Childrens House
Is Sheepscot Valley Childrens House a legitimate charity?
Based on AI analysis of IRS 990 filings, Sheepscot Valley Childrens House (EIN: 10398692) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Sheepscot Valley Childrens House spend its money?
Sheepscot Valley Childrens House directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sheepscot Valley Childrens House tax-deductible?
Sheepscot Valley Childrens House is registered as a tax-exempt nonprofit (EIN: 10398692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sheepscot Valley Childrens House CEO make?
Sheepscot Valley Childrens House's highest-compensated officer earns $500,000. annually. The organization reported $487K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sheepscot Valley Childrens House's spending goes to programs?
Sheepscot Valley Childrens House directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sheepscot Valley Childrens House compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Sheepscot Valley Childrens House is above average for NTEE category B21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sheepscot Valley Childrens House located?
Sheepscot Valley Childrens House is headquartered in Wiscasset, Maine and files with the IRS under EIN 10398692. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Sheepscot Valley Childrens House have?
Sheepscot Valley Childrens House 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 $487K in total revenue.
Is Sheepscot Valley Childrens House a good charity?
Based on the available IRS 990 data, Sheepscot Valley Childrens House appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds to its mission. Its financial operations are generally stable, with assets growing over time.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown significant growth, increasing from $239,055 in 202006 to $453,369 in 202306, nearly doubling in three years. This indicates expanding operations or increased donor support.
Are the organization's assets sufficient to cover its liabilities?
Yes, in the most recent filing (202306), assets were $236,523 while liabilities were $40,552, indicating a very healthy financial position where assets significantly exceed liabilities.
Does the organization spend efficiently?
The organization demonstrates high spending efficiency, particularly by reporting 0% officer compensation across all filings. This suggests that a very high proportion of expenses are directed towards program delivery and operational costs rather than administrative salaries.
Filing History
IRS 990 filing history for Sheepscot Valley Childrens House showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sheepscot Valley Childrens House's revenue has grown by 60.4%, moving from $283K to $453K. Total assets decreased by 7.4% over the same period, from $255K to $237K. Total functional expenses rose by 75.3%, from $279K to $489K. In its most recent filing year (2023), Sheepscot Valley Childrens House reported a deficit of $36K, with expenses exceeding revenue. The organization holds $41K in liabilities against $237K in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $196K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $453K | $489K | $237K | $41K | — | View 990 |
| 2022 | $490K | $426K | $277K | $45K | — | View 990 |
| 2021 | $325K | $307K | $260K | $92K | — | View 990 |
| 2020 | $239K | $232K | $246K | $95K | — | View 990 |
| 2019 | $264K | $270K | $207K | $63K | — | View 990 |
| 2018 | $251K | $245K | $221K | $72K | — | View 990 |
| 2017 | $231K | $264K | $215K | $73K | — | View 990 |
| 2016 | $269K | $218K | $241K | $65K | — | View 990 |
| 2015 | $212K | $210K | $193K | $68K | — | View 990 |
| 2014 | $230K | $247K | $205K | $82K | — | View 990 |
| 2013 | $261K | $272K | $241K | $102K | — | View 990 |
| 2012 | $290K | $285K | $252K | $101K | — | View 990 |
| 2011 | $283K | $279K | $255K | $109K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $453K, expenses of $489K, and assets of $237K (revenue -7.4% year-over-year).
- 2022: Revenue of $490K, expenses of $426K, and assets of $277K (revenue +50.6% year-over-year).
- 2021: Revenue of $325K, expenses of $307K, and assets of $260K (revenue +36.0% year-over-year).
- 2020: Revenue of $239K, expenses of $232K, and assets of $246K (revenue -9.5% year-over-year).
- 2019: Revenue of $264K, expenses of $270K, and assets of $207K (revenue +5.1% year-over-year).
- 2018: Revenue of $251K, expenses of $245K, and assets of $221K (revenue +8.9% year-over-year).
- 2017: Revenue of $231K, expenses of $264K, and assets of $215K (revenue -14.1% year-over-year).
- 2016: Revenue of $269K, expenses of $218K, and assets of $241K (revenue +26.8% year-over-year).
- 2015: Revenue of $212K, expenses of $210K, and assets of $193K (revenue -7.9% year-over-year).
- 2014: Revenue of $230K, expenses of $247K, and assets of $205K (revenue -12.0% year-over-year).
- 2013: Revenue of $261K, expenses of $272K, and assets of $241K (revenue -9.8% year-over-year).
- 2012: Revenue of $290K, expenses of $285K, and assets of $252K (revenue +2.5% year-over-year).
- 2011: Revenue of $283K, expenses of $279K, and assets of $255K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sheepscot Valley Childrens House:
Data Sources and Methodology
This transparency report for Sheepscot Valley Childrens House 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.