Time And Again Ltd

Time And Again Ltd maintains consistent financial health with zero reported officer compensation and no liabilities in recent years.

EIN: 134245830 · Wells, ME · NTEE: P29 · Updated: 2026-03-28

$88KRevenue

$58KAssets

85/100Mission Score (Excellent)

P29

About Time And Again Ltd

Time And Again Ltd (EIN: 134245830) is a nonprofit organization based in Wells, ME, classified under NTEE code P29. The organization reported total revenue of $88K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Time And Again Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Time And Again Ltd demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown steady growth in revenue and assets over the past decade, with its latest reported revenue at $88,016 and assets at $57,576. Notably, the organization consistently reports zero liabilities in recent years (2017-2023), indicating sound financial management and a lack of debt. This financial prudence is a positive indicator of its long-term sustainability.

The organization's spending efficiency appears robust, with expenses generally tracking below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $49,105 against revenues of $52,305. A key aspect of its transparency and efficiency is the consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health and lack of liabilities are strong indicators.

Given the consistent growth, lack of debt, and zero reported officer compensation, Time And Again Ltd appears to be a financially healthy and transparent organization. Its ability to maintain positive net assets and operate without significant liabilities, especially for an organization of its size, speaks to effective financial stewardship. Further analysis would benefit from a detailed functional expense breakdown to fully assess program spending ratios.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Time And Again Ltd with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Time And Again Ltd 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.

Executive Compensation Analysis

Time And Again Ltd consistently reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based or compensated through non-officer roles, which is highly favorable for a small nonprofit.

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 Time And Again Ltd:

Consistent asset growth, from $18,553 in 2011 to $57,576 currently.
Zero reported liabilities since 2017, indicating strong financial management and no debt.
0% officer compensation reported across all filings, suggesting volunteer leadership or highly efficient compensation practices.
Revenue consistently exceeding expenses in recent years, contributing to financial stability.
Steady revenue growth over the past decade, demonstrating increasing support or operational capacity.

Frequently Asked Questions about Time And Again Ltd

Is Time And Again Ltd a good charity?

Based on the provided financial data, Time And Again Ltd appears to be a financially sound and well-managed charity. It consistently operates without liabilities, has growing assets, and reports 0% officer compensation, all of which are positive indicators of good stewardship.

How has Time And Again Ltd's financial health changed over time?

Time And Again Ltd has shown consistent financial growth and stability. Revenue has increased from $19,979 in 2011 to $88,016 currently, and assets have grown from $18,553 to $57,576. The organization has also successfully eliminated liabilities, reporting $0 since 2017.

What is the trend in Time And Again Ltd's expenses versus revenue?

For most recent periods (2017-2023), Time And Again Ltd's revenue has exceeded its expenses, allowing for asset accumulation. For example, in 2023, revenue was $52,305 while expenses were $49,105, indicating efficient operations and a positive financial margin.

Filing History

IRS 990 filing history for Time And Again Ltd showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2010–2023), Time And Again Ltd's revenue has grown by 127.1%, moving from $23K to $52K. Total assets increased by 134.8% over the same period, from $25K to $60K. Total functional expenses rose by 70.8%, from $29K to $49K. In its most recent filing year (2023), Time And Again Ltd reported a surplus of $3K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$52K	$49K	$60K	$0	—	View 990
2022	$54K	$41K	$56K	$0	—	View 990
2021	$50K	$40K	$42K	$0	—	—
2019	$51K	$53K	$37K	$0	—	View 990
2018	$49K	$44K	$40K	$0	—	View 990
2017	$40K	$34K	$34K	$0	—	—
2013	$31K	$27K	$26K	$3K	—	View 990
2012	$33K	$30K	$21K	$2K	—	View 990
2011	$20K	$27K	$19K	$2K	—	View 990
2010	$23K	$29K	$25K	$2K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $52K, expenses of $49K, and assets of $60K (revenue -3.7% year-over-year).
2022: Revenue of $54K, expenses of $41K, and assets of $56K (revenue +8.7% year-over-year).
2021: Revenue of $50K, expenses of $40K, and assets of $42K (revenue -1.9% year-over-year).
2019: Revenue of $51K, expenses of $53K, and assets of $37K (revenue +3.2% year-over-year).
2018: Revenue of $49K, expenses of $44K, and assets of $40K (revenue +23.2% year-over-year).
2017: Revenue of $40K, expenses of $34K, and assets of $34K (revenue +31.3% year-over-year).
2013: Revenue of $31K, expenses of $27K, and assets of $26K (revenue -8.2% year-over-year).
2012: Revenue of $33K, expenses of $30K, and assets of $21K (revenue +66.6% year-over-year).
2011: Revenue of $20K, expenses of $27K, and assets of $19K (revenue -13.3% year-over-year).
2010: Revenue of $23K, expenses of $29K, and assets of $25K.

Data Sources and Methodology

This transparency report for Time And Again Ltd 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.