Skowhegan Downtown Business Association
Skowhegan Downtown Business Association reports no revenue or assets in latest IRS filing.
EIN: 10481178 · Skowhegan, ME · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Skowhegan Downtown Business Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Skowhegan Downtown Business Association directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Skowhegan Downtown Business Association
Skowhegan Downtown Business Association (EIN: 10481178) is a nonprofit organization based in Skowhegan, ME, classified under NTEE code S41. 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 Skowhegan Downtown Business Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
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 Skowhegan Downtown Business Association with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Skowhegan Downtown Business Association allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No executive compensation is reported, which is expected given the organization's $0 revenue and assets, suggesting a volunteer-led structure.
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 Skowhegan Downtown Business Association's IRS 990 filings:
- No reported revenue or assets, making financial analysis impossible
- Lack of detailed financial information due to 990-N filing
Strengths
The following positive indicators were identified for Skowhegan Downtown Business Association:
- Compliance with IRS filing requirements (990-N postcard)
Frequently Asked Questions about Skowhegan Downtown Business Association
Is Skowhegan Downtown Business Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Skowhegan Downtown Business Association (EIN: 10481178) some concerns. Mission Score: 50/100. 2 red flags identified, 1 strength noted.
How does Skowhegan Downtown Business Association spend its money?
Skowhegan Downtown Business Association directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Skowhegan Downtown Business Association tax-deductible?
Skowhegan Downtown Business Association is registered as a tax-exempt nonprofit (EIN: 10481178). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Skowhegan Downtown Business Association CEO make?
Skowhegan Downtown Business Association's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Skowhegan Downtown Business Association compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Skowhegan Downtown Business Association is near average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Skowhegan Downtown Business Association located?
Skowhegan Downtown Business Association is headquartered in Skowhegan, Maine and files with the IRS under EIN 10481178. It is classified under NTEE code S41.
Is Skowhegan Downtown Business Association a good charity?
Based solely on the IRS 990 data, it's impossible to determine if it's a 'good charity' in terms of financial performance or impact, as no financial activity is reported. Its effectiveness would depend on its non-financial activities and community engagement.
How does Skowhegan Downtown Business Association spend its money?
The latest IRS 990-N filing indicates $0 in revenue and $0 in expenses, meaning there is no financial spending data available to analyze how the organization allocates its funds.
What is the financial health of Skowhegan Downtown Business Association?
The organization reports $0 in assets and $0 in revenue, indicating no financial health in terms of monetary resources. It likely operates on a purely volunteer or in-kind basis.
Data Sources and Methodology
This transparency report for Skowhegan Downtown Business Association 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.