Thompson Community Center Association
Thompson Community Center Association faces significant financial decline with recent revenue drop and operating deficits.
EIN: 10453780 · Warren, ME · NTEE: P28Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15K |
| Total Expenses | $30K |
| Program Spending | 75% |
| Net Assets | $52K |
| Transparency Score | 60/100 |
Is Thompson Community Center Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thompson Community Center Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thompson Community Center Association
Thompson Community Center Association (EIN: 10453780) is a nonprofit organization based in Warren, ME, classified under NTEE code P28Z. The organization reported total revenue of $15K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thompson Community Center Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thompson Community Center Association is a micro nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -16.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $30K |
| Surplus / Deficit | $-14,047 |
| Total Assets | $52K |
| Net Assets | $52K |
| Operating Margin | -90.6% |
| Months of Reserves | 21.1 months |
Financial Health Grade: B
In 2022, Thompson Community Center Association reported a deficit of $14K with expenses exceeding revenue, holds 21.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Thompson Community Center Association's revenue has declined at a compound annual growth rate (CAGR) of -16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -79.4% | -58.4% | -46.9% |
| 2021 | -18.6% | -21.5% | -16.1% |
| 2020 | -29.1% | -34.8% | +2.3% |
| 2019 | -8.7% | -16.0% | +12.4% |
| 2018 | +4.3% | +55.6% | -20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
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 Thompson Community Center Association with a Mission Score of 60 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: 75%
- fundraising: 10%
According to IRS 990 filings, Thompson Community Center Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are allocated to executive salaries, which is highly efficient for an organization of its size.
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 Thompson Community Center Association's IRS 990 filings:
- Significant and rapid decline in revenue from $75,177 in 2021 to $15,496 in 2022.
- Consistent operating deficits in recent years (2022, 2021, 2019, 2018), indicating expenses frequently exceed revenue.
- Substantial decrease in assets from $116,938 in 2020 to $52,045 in 2022, suggesting a depletion of reserves.
Strengths
The following positive indicators were identified for Thompson Community Center Association:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
- No reported liabilities in the latest 2022 filing, suggesting good debt management.
- Historically maintained over $100,000 in revenue for many years, demonstrating past community support.
Frequently Asked Questions about Thompson Community Center Association
Is Thompson Community Center Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Thompson Community Center Association (EIN: 10453780) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Thompson Community Center Association spend its money?
Thompson Community Center Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Thompson Community Center Association tax-deductible?
Thompson Community Center Association is registered as a tax-exempt nonprofit (EIN: 10453780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Thompson Community Center Association's spending goes to programs?
Thompson Community Center Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Thompson Community Center Association compare to similar nonprofits?
With a transparency score of 60/100 (Good), Thompson Community Center Association is above average for NTEE category P28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Thompson Community Center Association located?
Thompson Community Center Association is headquartered in Warren, Maine and files with the IRS under EIN 10453780. It is classified under NTEE code P28Z.
How many years of IRS 990 filings does Thompson Community Center Association have?
Thompson Community Center Association has 12 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 $15K in total revenue.
Is Thompson Community Center Association a good charity?
While the organization has historically served its community with consistent revenue, the recent sharp decline in revenue to $15,496 in 2022 and operating deficits raise concerns about its current financial stability and ability to deliver programs. Its volunteer leadership (0% officer compensation) is a strong positive.
What caused the significant drop in revenue from $75,177 in 2021 to $15,496 in 2022?
The provided IRS 990 data does not specify the reasons for this drastic revenue decline. Further investigation into the organization's public statements or detailed financial reports would be needed to understand the cause.
How does the organization plan to address its operating deficits?
The filings show operating deficits in 2022 ($14,047), 2021 ($4,176), 2019 ($8,482), and 2018 ($22,532). The IRS 990 data does not provide details on the organization's strategies to return to financial sustainability.
Filing History
IRS 990 filing history for Thompson Community Center Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Thompson Community Center Association's revenue has declined by 85.7%, moving from $108K to $15K. Total assets increased by 14.1% over the same period, from $46K to $52K. Total functional expenses fell by 74.9%, from $118K to $30K. In its most recent filing year (2022), Thompson Community Center Association reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $15K | $30K | $52K | $0 | — | — |
| 2021 | $75K | $71K | $98K | $6K | — | — |
| 2020 | $92K | $90K | $117K | $29K | — | View 990 |
| 2019 | $130K | $139K | $114K | $28K | — | View 990 |
| 2018 | $143K | $165K | $102K | $7K | — | View 990 |
| 2017 | $137K | $106K | $128K | $11K | — | View 990 |
| 2016 | $129K | $92K | $89K | $2K | — | View 990 |
| 2015 | $107K | $104K | $52K | $3K | — | View 990 |
| 2014 | $104K | $98K | $50K | $4K | — | View 990 |
| 2013 | $117K | $109K | $49K | $9K | — | View 990 |
| 2012 | $120K | $110K | $49K | $16K | — | View 990 |
| 2011 | $108K | $118K | $46K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $15K, expenses of $30K, and assets of $52K (revenue -79.4% year-over-year).
- 2021: Revenue of $75K, expenses of $71K, and assets of $98K (revenue -18.6% year-over-year).
- 2020: Revenue of $92K, expenses of $90K, and assets of $117K (revenue -29.1% year-over-year).
- 2019: Revenue of $130K, expenses of $139K, and assets of $114K (revenue -8.7% year-over-year).
- 2018: Revenue of $143K, expenses of $165K, and assets of $102K (revenue +4.3% year-over-year).
- 2017: Revenue of $137K, expenses of $106K, and assets of $128K (revenue +6.1% year-over-year).
- 2016: Revenue of $129K, expenses of $92K, and assets of $89K (revenue +20.2% year-over-year).
- 2015: Revenue of $107K, expenses of $104K, and assets of $52K (revenue +3.1% year-over-year).
- 2014: Revenue of $104K, expenses of $98K, and assets of $50K (revenue -11.0% year-over-year).
- 2013: Revenue of $117K, expenses of $109K, and assets of $49K (revenue -2.7% year-over-year).
- 2012: Revenue of $120K, expenses of $110K, and assets of $49K (revenue +10.8% year-over-year).
- 2011: Revenue of $108K, expenses of $118K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thompson Community Center Association:
Data Sources and Methodology
This transparency report for Thompson Community Center Association 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.