Titcomb Ski Club Educational Foundation
Titcomb Ski Club Educational Foundation shows consistent financial health and volunteer leadership in prior filings, despite recent $0 revenue report.
EIN: 10366353 · Farmington, ME · NTEE: N60 · Updated: 2026-03-28
Is Titcomb Ski Club Educational Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Titcomb Ski Club Educational Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Titcomb Ski Club Educational Foundation
Titcomb Ski Club Educational Foundation (EIN: 10366353) is a nonprofit organization based in Farmington, ME, classified under NTEE code N60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Titcomb Ski Club Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Titcomb Ski Club Educational Foundation is a micro nonprofit that has been operating for 30 years, with 4 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -12.6%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $23K |
| Surplus / Deficit | +$27K |
| Total Assets | $154K |
| Net Assets | $154K |
| Operating Margin | 54.0% |
| Months of Reserves | 79.4 months |
Financial Health Grade: A
In 2018, Titcomb Ski Club Educational Foundation reported a surplus of $27K with revenue exceeding expenses, holds 79.4 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2012–2018), Titcomb Ski Club Educational Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -21.9% | -43.4% | +33.5% |
| 2017 | -19.2% | -17.6% | +25.8% |
| 2016 | -29.5% | -8.4% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1996 |
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 Titcomb Ski Club Educational Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Titcomb Ski Club Educational Foundation 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings (2012-2018), indicating a volunteer-led organization, which is highly favorable for a nonprofit of this 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 Titcomb Ski Club Educational Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and assets, which is inconsistent with prior years' activity and requires clarification.
Strengths
The following positive indicators were identified for Titcomb Ski Club Educational Foundation:
- Consistent financial surpluses in prior years (e.g., $27,368 surplus in 2018).
- Healthy asset growth from $96,207 in 2012 to $154,384 in 2018.
- Zero liabilities reported across all filings, indicating strong financial stability.
- 0% officer compensation reported, suggesting volunteer leadership and efficient use of funds.
- Consistent revenue generation in prior periods (e.g., $50,701 in 2018).
Frequently Asked Questions about Titcomb Ski Club Educational Foundation
Is Titcomb Ski Club Educational Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Titcomb Ski Club Educational Foundation (EIN: 10366353) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Titcomb Ski Club Educational Foundation spend its money?
Titcomb Ski Club Educational Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Titcomb Ski Club Educational Foundation tax-deductible?
Titcomb Ski Club Educational Foundation is registered as a tax-exempt nonprofit (EIN: 10366353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Titcomb Ski Club Educational Foundation a good charity?
Based on available IRS 990 data from 2012-2018, the foundation appears to be a good charity. It consistently operated with a surplus, maintained a healthy asset base with no liabilities, and reported 0% officer compensation, suggesting efficient use of funds and volunteer leadership.
Why are the latest revenue and assets reported as $0?
The latest reported revenue and assets of $0 could indicate a few possibilities: a recent change in reporting status, a very low activity year not yet fully reflected, or a data entry anomaly. Given prior years' consistent financial activity, it warrants further investigation into the most recent filing details.
How has the organization's financial health changed over time?
From 2012 to 2018, the organization consistently generated more revenue than expenses, leading to an increase in assets from $96,207 in 2012 to $154,384 in 2018. This trend indicates stable financial growth and prudent management over that period.
Filing History
IRS 990 filing history for Titcomb Ski Club Educational Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2018), Titcomb Ski Club Educational Foundation's revenue has declined by 55.5%, moving from $114K to $51K. Total assets increased by 60.5% over the same period, from $96K to $154K. Total functional expenses fell by 57.3%, from $55K to $23K. In its most recent filing year (2018), Titcomb Ski Club Educational Foundation reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $51K | $23K | $154K | $0 | — | View 990 |
| 2017 | $65K | $41K | $116K | $0 | — | View 990 |
| 2016 | $80K | $50K | $92K | $0 | — | View 990 |
| 2012 | $114K | $55K | $96K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $51K, expenses of $23K, and assets of $154K (revenue -21.9% year-over-year).
- 2017: Revenue of $65K, expenses of $41K, and assets of $116K (revenue -19.2% year-over-year).
- 2016: Revenue of $80K, expenses of $50K, and assets of $92K (revenue -29.5% year-over-year).
- 2012: Revenue of $114K, expenses of $55K, and assets of $96K.
Data Sources and Methodology
This transparency report for Titcomb Ski Club Educational Foundation 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.