Siddhartha School Partnership
Siddhartha School Partnership shows consistent program focus with no officer compensation, but recent expenses exceed revenue.
EIN: 202643361 · Portland, ME · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $375K |
| Total Expenses | $306K |
| Program Spending | 85% |
| Net Assets | $260K |
| Transparency Score | 85/100 |
Is Siddhartha School Partnership Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Siddhartha School Partnership directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Siddhartha School Partnership
Siddhartha School Partnership (EIN: 202643361) is a nonprofit organization based in Portland, ME, classified under NTEE code B99. The organization reported total revenue of $375K and total assets of $293K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Siddhartha School Partnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Siddhartha School Partnership is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $245K |
| Total Expenses | $306K |
| Surplus / Deficit | $-60,991 |
| Total Assets | $261K |
| Total Liabilities | $1K |
| Net Assets | $260K |
| Operating Margin | -24.9% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 10.2 months |
Financial Health Grade: B
In 2023, Siddhartha School Partnership reported a deficit of $61K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Siddhartha School Partnership's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.0% | -24.5% | -19.6% |
| 2022 | +3.6% | +59.0% | -21.6% |
| 2021 | +13.9% | -12.6% | +13.4% |
| 2020 | -25.1% | -25.7% | -6.1% |
| 2019 | +4.5% | +16.5% | -9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Siddhartha School Partnership 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, Siddhartha School Partnership 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 deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that no officers received compensation from the organization, which is highly commendable for a nonprofit of this size.
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 Siddhartha School Partnership's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (2022, 2023)
- Declining asset base over the past several years
Strengths
The following positive indicators were identified for Siddhartha School Partnership:
- Zero officer compensation across all reported periods
- Consistent operational history with 13 filings
- Low liabilities relative to assets
- Strong indication of program focus due to lack of executive salaries
Frequently Asked Questions about Siddhartha School Partnership
Is Siddhartha School Partnership a legitimate charity?
Based on AI analysis of IRS 990 filings, Siddhartha School Partnership (EIN: 202643361) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Siddhartha School Partnership spend its money?
Siddhartha School Partnership directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Siddhartha School Partnership tax-deductible?
Siddhartha School Partnership is registered as a tax-exempt nonprofit (EIN: 202643361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Siddhartha School Partnership's spending goes to programs?
Siddhartha School Partnership directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Siddhartha School Partnership compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Siddhartha School Partnership is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Siddhartha School Partnership located?
Siddhartha School Partnership is headquartered in Portland, Maine and files with the IRS under EIN 202643361. It is classified under NTEE code B99.
How many years of IRS 990 filings does Siddhartha School Partnership have?
Siddhartha School Partnership 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 $375K in total revenue.
Is Siddhartha School Partnership financially stable given recent deficits?
The organization has experienced expenses exceeding revenue in 2023 ($306,307 expenses vs. $245,316 revenue) and 2022 ($405,776 expenses vs. $314,634 revenue), leading to a decline in assets. While current assets of $261,029 in 2023 can cover liabilities of $1,125, this trend needs to be reversed for long-term stability.
How does the lack of officer compensation impact the organization?
The absence of officer compensation suggests a strong volunteer-driven leadership or that officers are compensated through other means not reported on the 990, but primarily it indicates that donor funds are not being used for executive salaries, which is a positive sign for program efficiency and donor trust.
What is the trend in the organization's assets?
Assets have generally declined since a peak of $458,276 in 2016, reaching $261,029 in 2023. This decrease is largely attributable to recent years where expenses have outpaced revenue.
Filing History
IRS 990 filing history for Siddhartha School Partnership showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Siddhartha School Partnership's revenue has grown by 84.9%, moving from $133K to $245K. Total assets increased by 8.1% over the same period, from $241K to $261K. Total functional expenses rose by 190%, from $106K to $306K. In its most recent filing year (2023), Siddhartha School Partnership reported a deficit of $61K, with expenses exceeding revenue. The organization holds $1K in liabilities against $261K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $260K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $245K | $306K | $261K | $1K | — | — |
| 2022 | $315K | $406K | $325K | $4K | — | — |
| 2021 | $304K | $255K | $414K | $2K | — | View 990 |
| 2020 | $267K | $292K | $365K | $2K | — | View 990 |
| 2019 | $356K | $393K | $389K | $500 | — | View 990 |
| 2018 | $341K | $337K | $428K | $2K | — | View 990 |
| 2017 | $362K | $398K | $425K | $3K | — | View 990 |
| 2016 | $439K | $186K | $458K | $0 | — | View 990 |
| 2015 | $193K | $241K | $205K | $0 | — | View 990 |
| 2014 | $158K | $171K | $253K | $0 | — | View 990 |
| 2013 | $137K | $93K | $266K | $0 | — | View 990 |
| 2012 | $169K | $189K | $222K | $0 | — | View 990 |
| 2011 | $133K | $106K | $241K | $342 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $245K, expenses of $306K, and assets of $261K (revenue -22.0% year-over-year).
- 2022: Revenue of $315K, expenses of $406K, and assets of $325K (revenue +3.6% year-over-year).
- 2021: Revenue of $304K, expenses of $255K, and assets of $414K (revenue +13.9% year-over-year).
- 2020: Revenue of $267K, expenses of $292K, and assets of $365K (revenue -25.1% year-over-year).
- 2019: Revenue of $356K, expenses of $393K, and assets of $389K (revenue +4.5% year-over-year).
- 2018: Revenue of $341K, expenses of $337K, and assets of $428K (revenue -5.9% year-over-year).
- 2017: Revenue of $362K, expenses of $398K, and assets of $425K (revenue -17.5% year-over-year).
- 2016: Revenue of $439K, expenses of $186K, and assets of $458K (revenue +127.1% year-over-year).
- 2015: Revenue of $193K, expenses of $241K, and assets of $205K (revenue +22.7% year-over-year).
- 2014: Revenue of $158K, expenses of $171K, and assets of $253K (revenue +15.0% year-over-year).
- 2013: Revenue of $137K, expenses of $93K, and assets of $266K (revenue -19.0% year-over-year).
- 2012: Revenue of $169K, expenses of $189K, and assets of $222K (revenue +27.6% year-over-year).
- 2011: Revenue of $133K, expenses of $106K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Siddhartha School Partnership:
Data Sources and Methodology
This transparency report for Siddhartha School Partnership 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.