Tree Of Life
Tree Of Life consistently generates significant surpluses, growing assets, and reports zero officer compensation.
EIN: 10490209 · Blue Hill, ME · NTEE: P20Z · Updated: 2026-03-28
About Tree Of Life
Tree Of Life (EIN: 10490209) is a nonprofit organization based in Blue Hill, ME, classified under NTEE code P20Z. The organization reported total revenue of $408K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tree Of Life'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 Tree Of Life with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Tree Of Life allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Tree Of Life consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for donor trust and resource allocation.
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 Tree Of Life:
- Consistent and significant revenue surpluses (e.g., $468,715 revenue vs. $158,655 expenses in 2023).
- Strong asset growth over time (from $513,020 in 2014 to $1,930,659 in 2023).
- Zero officer compensation reported across all filings, indicating high efficiency or volunteer leadership.
- Low liabilities across all reporting periods, suggesting sound financial management.
- Consistent financial stability and growth over a decade of filings.
Frequently Asked Questions about Tree Of Life
Is Tree Of Life a good charity?
Based on the provided financial data, Tree Of Life appears to be a very good charity. It consistently generates significant surpluses, has rapidly growing assets, and reports zero officer compensation, all of which are strong indicators of financial health and efficient resource management.
How has Tree Of Life's financial health changed over time?
Tree Of Life's financial health has significantly improved over the past decade. Its assets have grown from $513,020 in 2014 to $1,930,659 in 2023, and it consistently maintains a healthy surplus, with revenue growth often outpacing expense growth, particularly in recent years.
What is Tree Of Life's approach to executive compensation?
Tree Of Life consistently reports 0% officer compensation in its IRS 990 filings, suggesting a commitment to minimizing administrative overhead and maximizing resources for its mission, or that its leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Tree Of Life showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tree Of Life's revenue has grown by 172.2%, moving from $172K to $469K. Total assets increased by 392.1% over the same period, from $392K to $1.9M. Total functional expenses fell by 8.5%, from $173K to $159K. In its most recent filing year (2023), Tree Of Life reported a surplus of $310K, with revenue exceeding expenses. The organization holds $714 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $469K | $159K | $1.9M | $714 | — | — |
| 2022 | $354K | $129K | $1.7M | $522 | — | View 990 |
| 2021 | $329K | $104K | $1.6M | $487 | — | — |
| 2020 | $393K | $137K | $1.3M | $436 | — | — |
| 2019 | $286K | $179K | $1000K | $1K | — | View 990 |
| 2018 | $270K | $193K | $836K | $766 | — | View 990 |
| 2017 | $267K | $214K | $774K | $985 | — | View 990 |
| 2016 | $278K | $205K | $688K | $665 | — | View 990 |
| 2015 | $295K | $204K | $599K | $96 | — | View 990 |
| 2014 | $281K | $205K | $513K | $2K | — | View 990 |
| 2013 | $259K | $206K | $430K | $0 | — | View 990 |
| 2012 | $234K | $233K | $378K | $0 | — | View 990 |
| 2011 | $198K | $212K | $378K | $0 | — | View 990 |
| 2010 | $172K | $173K | $392K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $469K, expenses of $159K, and assets of $1.9M (revenue +32.2% year-over-year).
- 2022: Revenue of $354K, expenses of $129K, and assets of $1.7M (revenue +7.7% year-over-year).
- 2021: Revenue of $329K, expenses of $104K, and assets of $1.6M (revenue -16.3% year-over-year).
- 2020: Revenue of $393K, expenses of $137K, and assets of $1.3M (revenue +37.2% year-over-year).
- 2019: Revenue of $286K, expenses of $179K, and assets of $1000K (revenue +5.9% year-over-year).
- 2018: Revenue of $270K, expenses of $193K, and assets of $836K (revenue +1.4% year-over-year).
- 2017: Revenue of $267K, expenses of $214K, and assets of $774K (revenue -4.1% year-over-year).
- 2016: Revenue of $278K, expenses of $205K, and assets of $688K (revenue -5.6% year-over-year).
- 2015: Revenue of $295K, expenses of $204K, and assets of $599K (revenue +4.7% year-over-year).
- 2014: Revenue of $281K, expenses of $205K, and assets of $513K (revenue +8.7% year-over-year).
- 2013: Revenue of $259K, expenses of $206K, and assets of $430K (revenue +10.8% year-over-year).
- 2012: Revenue of $234K, expenses of $233K, and assets of $378K (revenue +18.1% year-over-year).
- 2011: Revenue of $198K, expenses of $212K, and assets of $378K (revenue +14.8% year-over-year).
- 2010: Revenue of $172K, expenses of $173K, and assets of $392K.
Data Sources and Methodology
This transparency report for Tree Of Life 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.