Speak About It
EIN: 462088037 · Portland, ME · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $320K |
| Total Expenses | $430K |
| Net Assets | $-49,462 |
Is Speak About It Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Speak About It
Speak About It (EIN: 462088037) is a nonprofit organization based in Portland, ME, classified under NTEE code A60. The organization reported total revenue of $320K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Speak About It's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Speak About It is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $397K |
| Total Expenses | $430K |
| Surplus / Deficit | $-32,742 |
| Total Assets | $14K |
| Total Liabilities | $63K |
| Net Assets | $-49,462 |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 459.2% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Speak About It reported a deficit of $33K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 459.2% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Speak About It's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.0% | +7.0% | -14.5% |
| 2022 | +0.5% | +109.7% | -86.2% |
| 2021 | -31.2% | -56.0% | +21.2% |
| 2020 | -7.7% | -1.5% | -0.1% |
| 2019 | +11.5% | +22.9% | -21.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Speak About It has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Speak About It with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 459.2%.
Frequently Asked Questions about Speak About It
Is Speak About It a legitimate charity?
Speak About It (EIN: 462088037) is a registered tax-exempt nonprofit based in Maine. It has 11 years of IRS 990 filings on record. Total revenue: $320K. No red flags identified. Financial health grade: D.
How does Speak About It spend its money?
Speak About It reported $320K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Speak About It tax-deductible?
Speak About It is registered as a tax-exempt nonprofit (EIN: 462088037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Speak About It located?
Speak About It is headquartered in Portland, Maine and files with the IRS under EIN 462088037. It is classified under NTEE code A60.
How many years of IRS 990 filings does Speak About It have?
Speak About It has 11 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 $320K in total revenue.
Filing History
IRS 990 filing history for Speak About It showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Speak About It's revenue has grown by 422.5%, moving from $76K to $397K. Total assets decreased by 34.5% over the same period, from $21K to $14K. Total functional expenses rose by 535.4%, from $68K to $430K. In its most recent filing year (2023), Speak About It reported a deficit of $33K, with expenses exceeding revenue. The organization holds $63K in liabilities against $14K in assets (debt-to-asset ratio: 459.2%), resulting in net assets of $-49,462.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $397K | $430K | $14K | $63K | — | — |
| 2022 | $268K | $402K | $16K | $33K | — | View 990 |
| 2021 | $267K | $192K | $117K | $331 | — | — |
| 2020 | $388K | $435K | $97K | $55K | — | View 990 |
| 2019 | $420K | $442K | $97K | $8K | — | View 990 |
| 2018 | $377K | $359K | $122K | $13K | — | View 990 |
| 2017 | $51K | $92K | $92K | $0 | — | View 990 |
| 2016 | $285K | $247K | $133K | $0 | — | View 990 |
| 2015 | $266K | $227K | $95K | $0 | — | View 990 |
| 2014 | $168K | $121K | $72K | $16K | — | View 990 |
| 2013 | $76K | $68K | $21K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $397K, expenses of $430K, and assets of $14K (revenue +48.0% year-over-year).
- 2022: Revenue of $268K, expenses of $402K, and assets of $16K (revenue +0.5% year-over-year).
- 2021: Revenue of $267K, expenses of $192K, and assets of $117K (revenue -31.2% year-over-year).
- 2020: Revenue of $388K, expenses of $435K, and assets of $97K (revenue -7.7% year-over-year).
- 2019: Revenue of $420K, expenses of $442K, and assets of $97K (revenue +11.5% year-over-year).
- 2018: Revenue of $377K, expenses of $359K, and assets of $122K (revenue +646.1% year-over-year).
- 2017: Revenue of $51K, expenses of $92K, and assets of $92K (revenue -82.3% year-over-year).
- 2016: Revenue of $285K, expenses of $247K, and assets of $133K (revenue +7.3% year-over-year).
- 2015: Revenue of $266K, expenses of $227K, and assets of $95K (revenue +57.7% year-over-year).
- 2014: Revenue of $168K, expenses of $121K, and assets of $72K (revenue +121.5% year-over-year).
- 2013: Revenue of $76K, expenses of $68K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Speak About It:
Data Sources and Methodology
This transparency report for Speak About It 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.