The Beloit Poetry Journal Foundation Inc
Beloit Poetry Journal Foundation: Small Scale, Consistent Operations
EIN: 222946728 · Windham, ME · Updated: 2026-04-04
About The Beloit Poetry Journal Foundation Inc
The Beloit Poetry Journal Foundation Inc (EIN: 222946728) is a nonprofit organization based in Windham, ME. The organization reported total revenue of $60K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Beloit Poetry Journal Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Beloit Poetry Journal Foundation Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Beloit Poetry Journal Foundation 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.
Executive Compensation Analysis
Executive compensation is not detailed in the provided filings, preventing a specific assessment of individual salaries or benefits.
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 The Beloit Poetry Journal Foundation Inc's IRS 990 filings:
- Lack of detailed executive compensation information in public filings.
Strengths
The following positive indicators were identified for The Beloit Poetry Journal Foundation Inc:
- Consistent revenue and asset base over the past three years.
- Low administrative and fundraising expenses, suggesting efficient use of funds.
- Clear mission focused on poetry, with no reported lobbying or political expenditures.
Frequently Asked Questions about The Beloit Poetry Journal Foundation Inc
What does The Beloit Poetry Journal Foundation Inc do?
The Beloit Poetry Journal Foundation Inc is a nonprofit organization in the Unknown sector, located in Windham, Maine. It is classified under NTEE code Unknown.
How much revenue does The Beloit Poetry Journal Foundation Inc have?
The Beloit Poetry Journal Foundation Inc reported total revenue of $59,695. Based on 3 IRS 990 filings on record.
What are The Beloit Poetry Journal Foundation Inc's total assets?
The Beloit Poetry Journal Foundation Inc holds total assets of $112,903 as reported in IRS 990 filings.
Where is The Beloit Poetry Journal Foundation Inc located?
The Beloit Poetry Journal Foundation Inc is based in Windham, Maine.
What is The Beloit Poetry Journal Foundation Inc's EIN?
The Beloit Poetry Journal Foundation Inc's Employer Identification Number (EIN) is 222946728. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Beloit Poetry Journal Foundation Inc?
The Beloit Poetry Journal Foundation Inc is classified under NTEE code Unknown (Unknown).
Is The Beloit Poetry Journal Foundation Inc a registered 501(c)(3)?
The Beloit Poetry Journal Foundation Inc appears in IRS records (EIN: 222946728). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Beloit Poetry Journal Foundation Inc file IRS Form 990?
Yes, The Beloit Poetry Journal Foundation Inc has 3 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was The Beloit Poetry Journal Foundation Inc's revenue in 2023?
In the 202306 filing period, The Beloit Poetry Journal Foundation Inc reported total revenue of $76,123, total expenses of $69,386, and net assets of $115,510.
Is The Beloit Poetry Journal Foundation Inc's revenue growing or declining?
The Beloit Poetry Journal Foundation Inc's revenue is relatively stable. Revenue went from $73,380 (202206) to $76,123 (202306), a +3.7% change. Based on 3 filings on record.
What is The Beloit Poetry Journal Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Beloit Poetry Journal Foundation Inc covers tax period 202306. It shows revenue of $76,123, expenses of $69,386, total assets of $115,510, and liabilities of N/A.
How much does The Beloit Poetry Journal Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, The Beloit Poetry Journal Foundation Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is The Beloit Poetry Journal Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Beloit Poetry Journal Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for The Beloit Poetry Journal Foundation Inc?
The following concerns were identified: Lack of detailed executive compensation information in public filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Beloit Poetry Journal Foundation Inc's strengths?
Positive indicators for The Beloit Poetry Journal Foundation Inc include: Consistent revenue and asset base over the past three years.. Low administrative and fundraising expenses, suggesting efficient use of funds.. Clear mission focused on poetry, with no reported lobbying or political expenditures.. These findings are derived from AI analysis of the organization's financial filings.
How does The Beloit Poetry Journal Foundation Inc compensate executives?
Executive compensation is not detailed in the provided filings, preventing a specific assessment of individual salaries or benefits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given its small scale and consistent financial performance, what strategies could The Beloit Poetry Journal Foundation employ to significantly expand its reach and impact without compromising its financial stability?
The foundation could explore strategic partnerships with larger literary organizations or universities to leverage shared resources and expand its audience. Additionally, developing a digital archive or online educational content could broaden its reach beyond traditional print, potentially attracting new donors and readers while maintaining low overhead.
Filing History
IRS 990 filing history for The Beloit Poetry Journal Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), The Beloit Poetry Journal Foundation Inc's revenue has declined by 9.7%, moving from $84K to $76K. Total assets decreased by 5% over the same period, from $122K to $116K. Total functional expenses rose by 18.2%, from $59K to $69K. In its most recent filing year (2023), The Beloit Poetry Journal Foundation Inc reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $69K | $116K | $0 | — | View 990 |
| 2022 | $73K | $70K | $114K | $0 | — | View 990 |
| 2021 | $84K | $59K | $122K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $69K, and assets of $116K (revenue +3.7% year-over-year).
- 2022: Revenue of $73K, expenses of $70K, and assets of $114K (revenue -12.9% year-over-year).
- 2021: Revenue of $84K, expenses of $59K, and assets of $122K.
Data Sources and Methodology
This transparency report for The Beloit Poetry Journal Foundation 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.