Southern Kennebec Child Development Corporation
Southern Kennebec Child Development Corporation consistently operates with surpluses and reports no officer compensation.
EIN: 10285449 · Farmingdale, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $5.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $2.7M |
| Transparency Score | 90/100 |
Is Southern Kennebec Child Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Kennebec Child Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Kennebec Child Development Corporation
Southern Kennebec Child Development Corporation (EIN: 10285449) is a nonprofit organization based in Farmingdale, ME. The organization reported total revenue of $6.3M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Kennebec Child Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Kennebec Child Development Corporation is a mid-size nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$209K |
| Total Assets | $3.4M |
| Total Liabilities | $710K |
| Net Assets | $2.7M |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 21.0% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2024, Southern Kennebec Child Development Corporation reported a surplus of $209K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 21.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Southern Kennebec Child Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +17.2% | +19.5% | +0.0% |
| 2023 | -3.8% | -7.9% | +21.4% |
| 2022 | -2.4% | -3.5% | +14.3% |
| 2021 | +4.2% | +7.4% | +3.0% |
| 2020 | +5.3% | +3.8% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
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 Southern Kennebec Child Development Corporation with a Mission Score of 90 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, Southern Kennebec Child Development Corporation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $209K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of this size with over $5 million in annual 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 Southern Kennebec Child Development Corporation's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Southern Kennebec Child Development Corporation:
- Consistent operating surpluses in most recent years (e.g., $209,005 in 202405, $267,617 in 202305).
- Steady growth in assets over the past decade, from $2,101,581 in 2015 to $3,378,283 in 2024.
- Zero reported officer compensation across all filings, indicating high transparency and dedication of funds to mission.
- Healthy revenue growth, increasing from $3.8 million in 2015 to over $5.7 million in 2024.
- Relatively low liabilities compared to assets, suggesting strong financial stability (e.g., $710,111 liabilities vs. $3,378,283 assets in 202405).
Frequently Asked Questions about Southern Kennebec Child Development Corporation
Is Southern Kennebec Child Development Corporation a legitimate charity?
Southern Kennebec Child Development Corporation (EIN: 10285449) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Southern Kennebec Child Development Corporation spend its money?
Southern Kennebec Child Development Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southern Kennebec Child Development Corporation tax-deductible?
Southern Kennebec Child Development Corporation is registered as a tax-exempt nonprofit (EIN: 10285449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Southern Kennebec Child Development Corporation CEO make?
Southern Kennebec Child Development Corporation's highest-compensated officer earns $5 annually. The organization reported $6.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Southern Kennebec Child Development Corporation's spending goes to programs?
Southern Kennebec Child Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Southern Kennebec Child Development Corporation located?
Southern Kennebec Child Development Corporation is headquartered in Farmingdale, Maine and files with the IRS under EIN 10285449.
How many years of IRS 990 filings does Southern Kennebec Child Development Corporation have?
Southern Kennebec Child Development Corporation 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 $6.3M in total revenue.
Is Southern Kennebec Child Development Corporation a good charity?
Based on the provided financial data, Southern Kennebec Child Development Corporation appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Revenue has grown from $3,896,109 in 2015 to $5,705,642 in 2024, and assets have increased from $2,101,581 to $3,378,283 in the same period, indicating consistent growth and stability.
What is the organization's approach to executive compensation?
Southern Kennebec Child Development Corporation reports 0% officer compensation in all available filings, which means no officers are paid by the organization. This is a highly transparent and mission-focused approach to executive compensation.
Filing History
IRS 990 filing history for Southern Kennebec Child Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Southern Kennebec Child Development Corporation's revenue has grown by 20.3%, moving from $4.7M to $5.7M. Total assets increased by 46.5% over the same period, from $2.3M to $3.4M. Total functional expenses rose by 16.7%, from $4.7M to $5.5M. In its most recent filing year (2024), Southern Kennebec Child Development Corporation reported a surplus of $209K, with revenue exceeding expenses. The organization holds $710K in liabilities against $3.4M in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.7M | $5.5M | $3.4M | $710K | — | View 990 |
| 2023 | $4.9M | $4.6M | $3.4M | $968K | — | — |
| 2022 | $5.1M | $5.0M | $2.8M | $625K | — | View 990 |
| 2021 | $5.2M | $5.2M | $2.4M | $331K | — | — |
| 2020 | $5.0M | $4.8M | $2.4M | $263K | — | View 990 |
| 2019 | $4.7M | $4.6M | $2.3M | $369K | — | View 990 |
| 2018 | $4.3M | $4.3M | $2.3M | $472K | — | View 990 |
| 2017 | $4.2M | $4.2M | $2.2M | $385K | — | View 990 |
| 2016 | $4.1M | $4.2M | $2.1M | $270K | — | View 990 |
| 2015 | $3.9M | $3.9M | $2.1M | $236K | — | View 990 |
| 2014 | $3.9M | $3.9M | $2.2M | $285K | — | View 990 |
| 2013 | $4.1M | $4.1M | $2.2M | $289K | — | View 990 |
| 2012 | $4.7M | $4.7M | $2.3M | $271K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.7M, expenses of $5.5M, and assets of $3.4M (revenue +17.2% year-over-year).
- 2023: Revenue of $4.9M, expenses of $4.6M, and assets of $3.4M (revenue -3.8% year-over-year).
- 2022: Revenue of $5.1M, expenses of $5.0M, and assets of $2.8M (revenue -2.4% year-over-year).
- 2021: Revenue of $5.2M, expenses of $5.2M, and assets of $2.4M (revenue +4.2% year-over-year).
- 2020: Revenue of $5.0M, expenses of $4.8M, and assets of $2.4M (revenue +5.3% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.6M, and assets of $2.3M (revenue +8.9% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.3M, and assets of $2.3M (revenue +2.8% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.2M, and assets of $2.2M (revenue +2.3% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.2M, and assets of $2.1M (revenue +5.8% year-over-year).
- 2015: Revenue of $3.9M, expenses of $3.9M, and assets of $2.1M (revenue +0.4% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.9M, and assets of $2.2M (revenue -4.7% year-over-year).
- 2013: Revenue of $4.1M, expenses of $4.1M, and assets of $2.2M (revenue -14.2% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.7M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Kennebec Child Development Corporation:
Data Sources and Methodology
This transparency report for Southern Kennebec Child Development Corporation 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.