Spirits Place
EIN: 813745009 · Newport, ME · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $276K |
| Total Expenses | $187K |
| Net Assets | $65K |
Is Spirits Place Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spirits Place
Spirits Place (EIN: 813745009) is a nonprofit organization based in Newport, ME, classified under NTEE code D20. The organization reported total revenue of $276K and total assets of $154K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spirits Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spirits Place is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 32.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $187K |
| Surplus / Deficit | +$47K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 20.0% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Spirits Place reported a surplus of $47K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate).
Financial Trends
Over 6 years of filings (2018–2023), Spirits Place's revenue has grown at a compound annual growth rate (CAGR) of 32.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +99.5% | +57.5% | +252.3% |
| 2022 | +52.3% | +49.0% | -7.9% |
| 2021 | -19.2% | -21.6% | -12.0% |
| 2020 | -11.4% | +29.7% | -22.0% |
| 2019 | +87.6% | +36.3% | +492.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spirits Place 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 Spirits Place 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 surplus of $47K, with revenue exceeding expenses.
Frequently Asked Questions about Spirits Place
Is Spirits Place a legitimate charity?
Based on AI analysis of IRS 990 filings, Spirits Place (EIN: 813745009) insufficient data. 0 red flags identified, 0 strengths noted.
How does Spirits Place spend its money?
Detailed spending breakdown data is not yet available for Spirits Place. Check back for updated IRS 990 analysis.
Are donations to Spirits Place tax-deductible?
Spirits Place is registered as a tax-exempt nonprofit (EIN: 813745009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spirits Place located?
Spirits Place is headquartered in Newport, Maine and files with the IRS under EIN 813745009. It is classified under NTEE code D20.
How many years of IRS 990 filings does Spirits Place have?
Spirits Place has 6 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 $276K in total revenue.
Filing History
IRS 990 filing history for Spirits Place showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Spirits Place's revenue has grown by 308.5%, moving from $57K to $233K. Total assets increased by 1221.7% over the same period, from $5K to $65K. Total functional expenses rose by 225.7%, from $57K to $187K. In its most recent filing year (2023), Spirits Place reported a surplus of $47K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $187K | $65K | $0 | — | View 990 |
| 2022 | $117K | $119K | $18K | $0 | — | View 990 |
| 2021 | $77K | $80K | $20K | $0 | — | View 990 |
| 2020 | $95K | $101K | $23K | $0 | — | — |
| 2019 | $107K | $78K | $29K | $0 | — | View 990 |
| 2018 | $57K | $57K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $187K, and assets of $65K (revenue +99.5% year-over-year).
- 2022: Revenue of $117K, expenses of $119K, and assets of $18K (revenue +52.3% year-over-year).
- 2021: Revenue of $77K, expenses of $80K, and assets of $20K (revenue -19.2% year-over-year).
- 2020: Revenue of $95K, expenses of $101K, and assets of $23K (revenue -11.4% year-over-year).
- 2019: Revenue of $107K, expenses of $78K, and assets of $29K (revenue +87.6% year-over-year).
- 2018: Revenue of $57K, expenses of $57K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spirits Place:
Data Sources and Methodology
This transparency report for Spirits Place 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.