Spruce Mountain Educationalfoundation Inc
Spruce Mountain Educationalfoundation Inc experiences significant revenue growth with zero officer compensation.
EIN: 205630727 · Jay, ME · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $92K |
| Program Spending | 85% |
| Net Assets | $40K |
| Transparency Score | 90/100 |
Search Intent Cockpit
Spruce Mountain Educationalfoundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Spruce Mountain Educationalfoundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Spruce Mountain Educationalfoundation Inc in one place.
Form 990 Filing Summary
16 filing years are available, with latest revenue of $106K and expenses of $92K.
Revenue and Expenses
Spruce Mountain Educationalfoundation Inc reported $106K in revenue and $92K in expenses, a surplus of $14K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Spruce Mountain Educationalfoundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $78K (85%) |
Across stored filings, Spruce Mountain Educationalfoundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 16 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Category N context |
Trust Check
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All Category N
Local and Sector Spokes
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Jay, ME nonprofitsCategory N in Maine
Human Services in Maine
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Donation Decision Flow
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Appears Legitimate. Check deductibility, filings, and red flags.
2Understand money
85% of spending goes to programs.
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Keep the Investigation Moving
Spruce Mountain Educationalfoundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spruce Mountain Educationalfoundation Inc
Spruce Mountain Educationalfoundation Inc (EIN: 205630727) is a nonprofit organization based in Jay, ME, classified under NTEE code N68. The organization reported total revenue of $106K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spruce Mountain Educationalfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spruce Mountain Educationalfoundation Inc is a small nonprofit that has been operating for 5 years, with 16 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 22.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $92K |
| Surplus / Deficit | +$14K |
| Total Assets | $40K |
| Net Assets | $40K |
| Operating Margin | 13.4% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2024, Spruce Mountain Educationalfoundation Inc reported a surplus of $14K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 16 years of filings (2009–2024), Spruce Mountain Educationalfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +209.6% | +169.0% | +56.0% |
| 2023 | -21.1% | +26.4% | +0.5% |
| 2022 | +85.3% | +40.6% | +184.1% |
| 2021 | +382.5% | +418.4% | +89.5% |
| 2020 | +67.9% | -47.3% | +32.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
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 Spruce Mountain Educationalfoundation Inc 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, Spruce Mountain Educationalfoundation Inc 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 $14K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size and growth.
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.
Strengths
The following positive indicators were identified for Spruce Mountain Educationalfoundation Inc:
- Significant revenue growth from $4,863 in 2020 to $106,287 in 2024.
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Zero liabilities across all reported periods, demonstrating strong financial management.
- Consistent increase in assets, from $4,708 in 2020 to $39,721 in 2024.
- Long history of IRS 990 filings (16 filings), indicating transparency and compliance.
Frequently Asked Questions about Spruce Mountain Educationalfoundation Inc
Is Spruce Mountain Educationalfoundation Inc a legitimate charity?
Spruce Mountain Educationalfoundation Inc (EIN: 205630727) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 16 years of IRS 990 filings on record. Total revenue: $106K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Spruce Mountain Educationalfoundation Inc spend its money?
Spruce Mountain Educationalfoundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Spruce Mountain Educationalfoundation Inc tax-deductible?
Spruce Mountain Educationalfoundation Inc is registered as a tax-exempt nonprofit (EIN: 205630727). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Spruce Mountain Educationalfoundation Inc's spending goes to programs?
Spruce Mountain Educationalfoundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spruce Mountain Educationalfoundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Spruce Mountain Educationalfoundation Inc is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spruce Mountain Educationalfoundation Inc located?
Spruce Mountain Educationalfoundation Inc is headquartered in Jay, Maine and files with the IRS under EIN 205630727. It is classified under NTEE code N68.
How many years of IRS 990 filings does Spruce Mountain Educationalfoundation Inc have?
Spruce Mountain Educationalfoundation Inc has 16 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 Spruce Mountain Educationalfoundation Inc a good charity?
Based on the provided data, Spruce Mountain Educationalfoundation Inc appears to be a good charity. It demonstrates strong financial growth, maintains zero liabilities, and operates with 0% officer compensation, suggesting efficient use of funds and a dedicated volunteer leadership.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, with revenue increasing from $4,863 in 2020 to $106,287 in 2024, and assets growing from $4,708 to $39,721 over the same period. This indicates substantial growth and strengthening of its financial position.
What is the organization's approach to executive compensation?
Spruce Mountain Educationalfoundation Inc has consistently reported 0% officer compensation across all 16 filings, indicating that its executive leadership serves on a volunteer basis.
Filing History
IRS 990 filing history for Spruce Mountain Educationalfoundation Inc showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2024), Spruce Mountain Educationalfoundation Inc's revenue has grown by 1948.7%, moving from $5K to $106K. Total functional expenses rose by 1472.8%, from $6K to $92K. In its most recent filing year (2024), Spruce Mountain Educationalfoundation Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $106K | $92K | $40K | $0 | — | — |
| 2023 | $34K | $34K | $25K | $0 | — | — |
| 2022 | $43K | $27K | $25K | $0 | — | — |
| 2021 | $23K | $19K | $9K | $0 | — | View 990 |
| 2020 | $5K | $4K | $5K | $0 | — | View 990 |
| 2019 | $3K | $7K | $4K | $0 | — | View 990 |
| 2018 | $13K | $20K | $8K | $0 | — | View 990 |
| 2017 | $18K | $5K | $16K | $0 | — | View 990 |
| 2016 | $6K | $7K | $3K | $0 | — | — |
| 2015 | $5K | $5K | $4K | $0 | — | View 990 |
| 2014 | $6K | $6K | $4K | $0 | — | View 990 |
| 2013 | $6K | $6K | $4K | $0 | — | View 990 |
| 2012 | $8K | $9K | $4K | $0 | — | View 990 |
| 2011 | $5K | $7K | $5K | $0 | — | View 990 |
| 2010 | $5K | $6K | $7K | $0 | — | View 990 |
| 2009 | $5K | $6K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $106K, expenses of $92K, and assets of $40K (revenue +209.6% year-over-year).
- 2023: Revenue of $34K, expenses of $34K, and assets of $25K (revenue -21.1% year-over-year).
- 2022: Revenue of $43K, expenses of $27K, and assets of $25K (revenue +85.3% year-over-year).
- 2021: Revenue of $23K, expenses of $19K, and assets of $9K (revenue +382.5% year-over-year).
- 2020: Revenue of $5K, expenses of $4K, and assets of $5K (revenue +67.9% year-over-year).
- 2019: Revenue of $3K, expenses of $7K, and assets of $4K (revenue -76.8% year-over-year).
- 2018: Revenue of $13K, expenses of $20K, and assets of $8K (revenue -29.5% year-over-year).
- 2017: Revenue of $18K, expenses of $5K, and assets of $16K (revenue +198.8% year-over-year).
- 2016: Revenue of $6K, expenses of $7K, and assets of $3K (revenue +13.1% year-over-year).
- 2015: Revenue of $5K, expenses of $5K, and assets of $4K (revenue -17.0% year-over-year).
- 2014: Revenue of $6K, expenses of $6K, and assets of $4K (revenue +2.8% year-over-year).
- 2013: Revenue of $6K, expenses of $6K, and assets of $4K (revenue -25.2% year-over-year).
- 2012: Revenue of $8K, expenses of $9K, and assets of $4K (revenue +62.1% year-over-year).
- 2011: Revenue of $5K, expenses of $7K, and assets of $5K (revenue +2.8% year-over-year).
- 2010: Revenue of $5K, expenses of $6K, and assets of $7K (revenue -4.9% year-over-year).
- 2009: Revenue of $5K, expenses of $6K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spruce Mountain Educationalfoundation Inc:
Data Sources and Methodology
This transparency report for Spruce Mountain Educationalfoundation 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.