Tarratine Club Of Dark Harbor
Tarratine Club Of Dark Harbor consistently operates with revenues and expenses around $1.5M-$2M, showing stable assets and no reported officer compensation.
EIN: 10225267 · Islesboro, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Program Spending | 80% |
| Net Assets | $2.2M |
| Transparency Score | 75/100 |
Is Tarratine Club Of Dark Harbor Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tarratine Club Of Dark Harbor directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tarratine Club Of Dark Harbor
Tarratine Club Of Dark Harbor (EIN: 10225267) is a nonprofit organization based in Islesboro, ME. The organization reported total revenue of $2.3M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tarratine Club Of Dark Harbor's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tarratine Club Of Dark Harbor is a mid-size nonprofit that has been operating for 104 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-160,800 |
| Total Assets | $2.2M |
| Total Liabilities | $2K |
| Net Assets | $2.2M |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 13.0 months |
Financial Health Grade: B
In 2023, Tarratine Club Of Dark Harbor reported a deficit of $161K with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tarratine Club Of Dark Harbor's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | +6.8% | -6.8% |
| 2022 | -18.6% | +17.0% | -8.9% |
| 2021 | +61.9% | +21.9% | +19.6% |
| 2020 | -21.1% | -25.3% | -5.1% |
| 2019 | -2.6% | +13.2% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1922 |
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 Tarratine Club Of Dark Harbor 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, Tarratine Club Of Dark Harbor 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $161K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that executive compensation is categorized differently, which enhances transparency regarding direct officer salaries.
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 Tarratine Club Of Dark Harbor's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to understand the organization's mission and compare its financial performance to peers.
- Occasional Operating Deficits: Expenses exceeded revenue in multiple years (e.g., 202312, 202212, 201912), which, if persistent, could indicate reliance on reserves or unsustainable spending patterns.
Strengths
The following positive indicators were identified for Tarratine Club Of Dark Harbor:
- Stable Asset Base: Assets have consistently remained above $1.9 million, indicating financial stability and capacity.
- Consistent Revenue Generation: The organization has consistently generated over $1.2 million in revenue annually, demonstrating a reliable funding stream.
- No Reported Officer Compensation: The 0% officer compensation across all filings suggests a volunteer leadership structure or highly efficient management of executive costs, enhancing public trust.
- Low Liabilities: Liabilities are consistently very low relative to assets and revenue, indicating a healthy balance sheet and minimal debt burden (e.g., $1,962 in 202312 against $2,246,921 in assets).
Frequently Asked Questions about Tarratine Club Of Dark Harbor
Is Tarratine Club Of Dark Harbor a legitimate charity?
Based on AI analysis of IRS 990 filings, Tarratine Club Of Dark Harbor (EIN: 10225267) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Tarratine Club Of Dark Harbor spend its money?
Tarratine Club Of Dark Harbor directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tarratine Club Of Dark Harbor tax-deductible?
Tarratine Club Of Dark Harbor is registered as a tax-exempt nonprofit (EIN: 10225267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tarratine Club Of Dark Harbor's spending goes to programs?
Tarratine Club Of Dark Harbor directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Tarratine Club Of Dark Harbor located?
Tarratine Club Of Dark Harbor is headquartered in Islesboro, Maine and files with the IRS under EIN 10225267.
How many years of IRS 990 filings does Tarratine Club Of Dark Harbor have?
Tarratine Club Of Dark Harbor 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 $2.3M in total revenue.
What is the primary purpose or program activity of the Tarratine Club Of Dark Harbor, given its NTEE code is unknown?
Without an NTEE code, the specific mission and program activities are unclear from the provided data. Further investigation into their public profile or website would be necessary to understand their core programs.
How does the organization cover its expenses when they exceed revenue, as seen in 202312 ($1,910,403 revenue vs. $2,071,203 expenses)?
When expenses exceed revenue, organizations typically draw from accumulated reserves (net assets) or receive unrestricted contributions not fully reflected in the annual revenue figures. The consistent asset base suggests they manage these fluctuations.
What is the breakdown of the 'expenses' reported, particularly between program, administrative, and fundraising costs?
The provided data only gives total expenses. A detailed breakdown from the full 990 form would be needed to accurately determine the allocation between program, administrative, and fundraising costs.
Are there any related organizations or entities that might be compensating officers or providing services to the Tarratine Club Of Dark Harbor?
The consistent 0% officer compensation could indicate a volunteer board or that compensation is handled by a related entity. The full 990 form would provide details on related organizations and transactions.
Filing History
IRS 990 filing history for Tarratine Club Of Dark Harbor showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tarratine Club Of Dark Harbor's revenue has grown by 40.7%, moving from $1.4M to $1.9M. Total assets increased by 43.7% over the same period, from $1.6M to $2.2M. Total functional expenses rose by 48.6%, from $1.4M to $2.1M. In its most recent filing year (2023), Tarratine Club Of Dark Harbor reported a deficit of $161K, with expenses exceeding revenue. The organization holds $2K in liabilities against $2.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.1M | $2.2M | $2K | — | View 990 |
| 2022 | $1.7M | $1.9M | $2.4M | $6K | — | View 990 |
| 2021 | $2.1M | $1.7M | $2.6M | $3K | — | View 990 |
| 2020 | $1.3M | $1.4M | $2.2M | $4K | — | View 990 |
| 2019 | $1.6M | $1.8M | $2.3M | $3K | — | — |
| 2018 | $1.7M | $1.6M | $2.5M | $7K | — | View 990 |
| 2017 | $1.5M | $1.5M | $2.5M | $26K | — | View 990 |
| 2016 | $1.7M | $1.6M | $2.4M | $20K | — | View 990 |
| 2015 | $1.9M | $1.6M | $2.3M | $18K | — | View 990 |
| 2014 | $1.6M | $1.5M | $2.0M | $8K | — | View 990 |
| 2013 | $1.8M | $1.4M | $1.9M | $22K | — | View 990 |
| 2012 | $1.4M | $1.4M | $1.6M | $20K | — | View 990 |
| 2011 | $1.4M | $1.4M | $1.6M | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.1M, and assets of $2.2M (revenue +12.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.9M, and assets of $2.4M (revenue -18.6% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.7M, and assets of $2.6M (revenue +61.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $2.2M (revenue -21.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.8M, and assets of $2.3M (revenue -2.6% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $2.5M (revenue +10.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $2.5M (revenue -12.9% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $2.4M (revenue -7.9% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.6M, and assets of $2.3M (revenue +19.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $2.0M (revenue -10.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.4M, and assets of $1.9M (revenue +22.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M (revenue +6.2% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tarratine Club Of Dark Harbor:
Data Sources and Methodology
This transparency report for Tarratine Club Of Dark Harbor 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.