Skowhegan Nursery School Inc
Skowhegan Nursery School Inc. operates on tight margins with modest assets and no reported officer compensation.
EIN: 10323263 · Skowhegan, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $117K |
| Program Spending | 80% |
| Net Assets | $19K |
| Transparency Score | 75/100 |
Is Skowhegan Nursery School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Skowhegan Nursery School Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Skowhegan Nursery School Inc
Skowhegan Nursery School Inc (EIN: 10323263) is a nonprofit organization based in Skowhegan, ME. The organization reported total revenue of $106K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skowhegan Nursery School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Skowhegan Nursery School Inc is a small nonprofit that has been operating for 52 years, with 7 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $117K |
| Surplus / Deficit | $-10,449 |
| Total Assets | $22K |
| Total Liabilities | $3K |
| Net Assets | $19K |
| Operating Margin | -9.8% |
| Debt-to-Asset Ratio | 14.1% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2018, Skowhegan Nursery School Inc reported a deficit of $10K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 14.1% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2018), Skowhegan Nursery School Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -9.2% | +8.5% | -32.7% |
| 2017 | +84.1% | +65.5% | +55.2% |
| 2016 | +10.3% | -0.2% | -5.5% |
| 2015 | -31.7% | -12.2% | -24.4% |
| 2014 | +149.5% | +48.7% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
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 Nursery School Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Skowhegan Nursery School Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.1%.
Executive Compensation Analysis
No officer compensation has been reported across all seven filings, suggesting that the organization is either entirely volunteer-run at the executive level or that executive salaries are categorized differently, which is a positive indicator for resource allocation to its mission given its small size and revenue.
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 Nursery School Inc's IRS 990 filings:
- Operating at a deficit in some years (e.g., 2018: $106,281 revenue vs. $116,730 expenses)
- Modest and fluctuating asset base, indicating limited financial reserves
Strengths
The following positive indicators were identified for Skowhegan Nursery School Inc:
- No reported officer compensation, suggesting efficient use of funds for mission
- Consistently low liabilities, indicating responsible financial management
- Long operational history with consistent IRS 990 filings, demonstrating transparency
Frequently Asked Questions about Skowhegan Nursery School Inc
Is Skowhegan Nursery School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Skowhegan Nursery School Inc (EIN: 10323263) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Skowhegan Nursery School Inc spend its money?
Skowhegan Nursery School Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Skowhegan Nursery School Inc tax-deductible?
Skowhegan Nursery School Inc is registered as a tax-exempt nonprofit (EIN: 10323263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Skowhegan Nursery School Inc's spending goes to programs?
Skowhegan Nursery School Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Skowhegan Nursery School Inc located?
Skowhegan Nursery School Inc is headquartered in Skowhegan, Maine and files with the IRS under EIN 10323263.
How many years of IRS 990 filings does Skowhegan Nursery School Inc have?
Skowhegan Nursery School 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. The most recent filing shows $106K in total revenue.
Is Skowhegan Nursery School Inc. financially stable?
The organization operates on tight margins, with expenses often closely matching or slightly exceeding revenue (e.g., 2018: $116,730 expenses vs. $106,281 revenue). While it has consistently operated for many years, its modest assets ($21,779 in 2018) and fluctuating revenues suggest limited financial reserves, indicating a degree of vulnerability to unexpected costs or revenue shortfalls.
How does Skowhegan Nursery School Inc. manage its debt?
The organization maintains very low liabilities, ranging from $0 to $3,195 across the reported periods. This indicates a conservative approach to debt and strong financial management in this area.
What is the trend in the organization's revenue?
Revenue has fluctuated significantly over the years, from a low of $33,807 in 2012 to a high of $117,087 in 2017. The latest reported revenue in 2018 was $106,281, showing variability but generally maintaining a level above $100,000 in recent years.
Filing History
IRS 990 filing history for Skowhegan Nursery School Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2018), Skowhegan Nursery School Inc's revenue has grown by 75.9%, moving from $60K to $106K. Total assets decreased by 49.1% over the same period, from $43K to $22K. Total functional expenses rose by 105.4%, from $57K to $117K. In its most recent filing year (2018), Skowhegan Nursery School Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $3K in liabilities against $22K in assets (debt-to-asset ratio: 14.1%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $106K | $117K | $22K | $3K | — | View 990 |
| 2017 | $117K | $108K | $32K | $3K | — | View 990 |
| 2016 | $64K | $65K | $21K | $1K | — | View 990 |
| 2015 | $58K | $65K | $22K | $1K | — | View 990 |
| 2014 | $84K | $74K | $29K | $646 | — | View 990 |
| 2012 | $34K | $50K | $27K | $0 | — | View 990 |
| 2011 | $60K | $57K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $106K, expenses of $117K, and assets of $22K (revenue -9.2% year-over-year).
- 2017: Revenue of $117K, expenses of $108K, and assets of $32K (revenue +84.1% year-over-year).
- 2016: Revenue of $64K, expenses of $65K, and assets of $21K (revenue +10.3% year-over-year).
- 2015: Revenue of $58K, expenses of $65K, and assets of $22K (revenue -31.7% year-over-year).
- 2014: Revenue of $84K, expenses of $74K, and assets of $29K (revenue +149.5% year-over-year).
- 2012: Revenue of $34K, expenses of $50K, and assets of $27K (revenue -44.0% year-over-year).
- 2011: Revenue of $60K, expenses of $57K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Skowhegan Nursery School Inc:
Data Sources and Methodology
This transparency report for Skowhegan Nursery School 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.