Tr 487 Uw Ethel Levasseur Bo Unitarian Church
Small Unitarian Church Trust Shows Stable Assets and Minimal Liabilities Amidst Fluctuating Revenue.
EIN: 16068518 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $20K |
| Program Spending | 80% |
| Net Assets | $328K |
| Transparency Score | 75/100 |
Is Tr 487 Uw Ethel Levasseur Bo Unitarian Church Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tr 487 Uw Ethel Levasseur Bo Unitarian Church directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tr 487 Uw Ethel Levasseur Bo Unitarian Church
Tr 487 Uw Ethel Levasseur Bo Unitarian Church (EIN: 16068518) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $180K and total assets of $357K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tr 487 Uw Ethel Levasseur Bo Unitarian Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tr 487 Uw Ethel Levasseur Bo Unitarian Church is a small nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $20K |
| Surplus / Deficit | $-7,324 |
| Total Assets | $328K |
| Total Liabilities | $1 |
| Net Assets | $328K |
| Operating Margin | -55.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 192.1 months |
Financial Health Grade: B
In 2024, Tr 487 Uw Ethel Levasseur Bo Unitarian Church reported a deficit of $7K with expenses exceeding revenue, holds 192.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Tr 487 Uw Ethel Levasseur Bo Unitarian Church's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +56.4% | -7.3% | -0.4% |
| 2023 | -81.0% | +10.3% | -4.0% |
| 2022 | +41.8% | +17.1% | +7.6% |
| 2021 | +489.8% | +4.6% | +4.6% |
| 2020 | -51.8% | -12.4% | +24.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Tr 487 Uw Ethel Levasseur Bo Unitarian Church 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Tr 487 Uw Ethel Levasseur Bo Unitarian Church allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for a nonprofit 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 Tr 487 Uw Ethel Levasseur Bo Unitarian Church's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult.
- Significant revenue fluctuation without explanation could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Tr 487 Uw Ethel Levasseur Bo Unitarian Church:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Very low and stable liabilities ($0-$1) across all reported periods, demonstrating strong financial health and no debt burden.
- Steady growth in assets from $266,820 in 2012 to $356,748 currently, indicating effective asset management.
- Expenses are consistently low relative to assets, suggesting a conservative and sustainable spending approach.
Frequently Asked Questions about Tr 487 Uw Ethel Levasseur Bo Unitarian Church
Is Tr 487 Uw Ethel Levasseur Bo Unitarian Church a legitimate charity?
Tr 487 Uw Ethel Levasseur Bo Unitarian Church (EIN: 16068518) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $180K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Tr 487 Uw Ethel Levasseur Bo Unitarian Church spend its money?
Tr 487 Uw Ethel Levasseur Bo Unitarian Church directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Tr 487 Uw Ethel Levasseur Bo Unitarian Church tax-deductible?
Tr 487 Uw Ethel Levasseur Bo Unitarian Church is registered as a tax-exempt nonprofit (EIN: 16068518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tr 487 Uw Ethel Levasseur Bo Unitarian Church located?
Tr 487 Uw Ethel Levasseur Bo Unitarian Church is headquartered in Portland, Maine and files with the IRS under EIN 16068518.
How many years of IRS 990 filings does Tr 487 Uw Ethel Levasseur Bo Unitarian Church have?
Tr 487 Uw Ethel Levasseur Bo Unitarian Church has 10 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 $180K in total revenue.
What caused the significant revenue spike to $180,049 in the latest period, compared to typical revenues of $5,000-$45,000?
The provided data does not specify the source of this revenue spike. It could be a large one-time donation, an investment gain, or a specific grant, but further details from the full 990 filing would be needed to confirm.
How does the organization manage to operate with consistently low expenses, typically under $25,000 annually?
The low expenses, coupled with zero officer compensation, suggest a lean operational model, likely relying heavily on volunteers and potentially having minimal physical overhead or staff costs, consistent with a trust supporting a church.
What specific programs or activities does this trust support for the Unitarian Church?
The NTEE code is unknown and the provided data does not detail specific program activities. As a trust, it likely provides financial support for the general operations, maintenance, or specific initiatives of the Unitarian Church.
Filing History
IRS 990 filing history for Tr 487 Uw Ethel Levasseur Bo Unitarian Church showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Tr 487 Uw Ethel Levasseur Bo Unitarian Church's revenue has grown by 19.2%, moving from $11K to $13K. Total assets increased by 23% over the same period, from $267K to $328K. Total functional expenses rose by 64.1%, from $12K to $20K. In its most recent filing year (2024), Tr 487 Uw Ethel Levasseur Bo Unitarian Church reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $328K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $328K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $13K | $20K | $328K | $1 | — | View 990 |
| 2023 | $8K | $22K | $330K | $1 | — | View 990 |
| 2022 | $44K | $20K | $343K | $1 | — | View 990 |
| 2021 | $31K | $17K | $319K | $1 | — | — |
| 2020 | $5K | $16K | $305K | $1 | — | View 990 |
| 2016 | $11K | $19K | $245K | $0 | — | View 990 |
| 2015 | $14K | $18K | $253K | $0 | — | View 990 |
| 2014 | $9K | $16K | $256K | $0 | — | View 990 |
| 2013 | $10K | $13K | $263K | $0 | — | View 990 |
| 2012 | $11K | $12K | $267K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $13K, expenses of $20K, and assets of $328K (revenue +56.4% year-over-year).
- 2023: Revenue of $8K, expenses of $22K, and assets of $330K (revenue -81.0% year-over-year).
- 2022: Revenue of $44K, expenses of $20K, and assets of $343K (revenue +41.8% year-over-year).
- 2021: Revenue of $31K, expenses of $17K, and assets of $319K (revenue +489.8% year-over-year).
- 2020: Revenue of $5K, expenses of $16K, and assets of $305K (revenue -51.8% year-over-year).
- 2016: Revenue of $11K, expenses of $19K, and assets of $245K (revenue -23.4% year-over-year).
- 2015: Revenue of $14K, expenses of $18K, and assets of $253K (revenue +63.8% year-over-year).
- 2014: Revenue of $9K, expenses of $16K, and assets of $256K (revenue -8.1% year-over-year).
- 2013: Revenue of $10K, expenses of $13K, and assets of $263K (revenue -13.7% year-over-year).
- 2012: Revenue of $11K, expenses of $12K, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tr 487 Uw Ethel Levasseur Bo Unitarian Church:
Data Sources and Methodology
This transparency report for Tr 487 Uw Ethel Levasseur Bo Unitarian Church 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.