Tri Town Ministerial Association

Tri Town Ministerial Association maintains strong financial health with growing assets and no liabilities, consistently reporting 0% officer compensation.

EIN: 10528576 · Jay, ME · NTEE: K31 · Updated: 2026-03-28

$31KRevenue

$228Assets

95/100Mission Score (Excellent)

K31

About Tri Town Ministerial Association

Tri Town Ministerial Association (EIN: 10528576) is a nonprofit organization based in Jay, ME, classified under NTEE code K31. The organization reported total revenue of $31K and total assets of $228 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri Town Ministerial Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Tri Town Ministerial Association demonstrates consistent financial activity, with revenues fluctuating between approximately $30,000 and $66,000 over the past decade. In the latest period (202212), the organization reported revenue of $30,702 against expenses of $16,889, indicating a surplus for the year. The organization's assets have shown growth, reaching $93,843 in 2022, up from $80,030 in 2021 and $64,827 in 2020, suggesting prudent financial management and accumulation of reserves. A notable aspect of their financial health is the consistent reporting of zero liabilities across all available filings, which indicates a very strong balance sheet and no outstanding debt.

Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which suggests that all funds are directed towards programs and administrative overhead. While a detailed breakdown of program vs. administrative expenses isn't provided in the summary data, the overall expense levels relative to revenue suggest a lean operation. The organization's consistent filing of IRS Form 990s over 11 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial operations. The absence of officer compensation is a significant positive indicator of resource allocation.

Overall, the Tri Town Ministerial Association appears to be a financially stable and transparent organization, effectively managing its resources. Its consistent asset growth and lack of liabilities are strong indicators of good financial health. The absence of officer compensation further reinforces its commitment to directing resources towards its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tri Town Ministerial Association with a Mission Score of 95 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: 90%
fundraising: 0%

According to IRS 990 filings, Tri Town Ministerial Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a volunteer-led leadership structure, which is highly efficient for an organization of this size with revenues typically under $70,000.

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 Tri Town Ministerial Association:

Consistent 0% officer compensation, indicating high efficiency in resource allocation.
Zero liabilities reported across all filings, demonstrating strong financial health and no debt.
Consistent asset growth, with assets increasing from $64,827 in 2020 to $93,843 in 2022.
Regular IRS 990 filings over 11 periods, indicating strong transparency and compliance.
Positive net income in recent years (e.g., $30,702 revenue vs. $16,889 expenses in 2022), contributing to asset growth.

Frequently Asked Questions about Tri Town Ministerial Association

Is Tri Town Ministerial Association a good charity?

Based on the provided financial data, Tri Town Ministerial Association appears to be a very good charity. It consistently reports 0% officer compensation, has no liabilities, and has shown consistent asset growth, indicating strong financial management and a focus on its mission.

How does Tri Town Ministerial Association manage its finances?

The organization manages its finances very conservatively, consistently operating with a surplus in recent years (e.g., $30,702 revenue vs. $16,889 expenses in 2022) and accumulating assets without incurring any liabilities. This suggests a focus on long-term stability and efficient use of funds.

What is the trend in Tri Town Ministerial Association's assets?

The organization's assets have shown a positive upward trend in recent years, increasing from $64,827 in 2020 to $80,030 in 2021, and further to $93,843 in 2022. This indicates healthy financial growth and accumulation of reserves.

Filing History

IRS 990 filing history for Tri Town Ministerial Association showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2022), Tri Town Ministerial Association's revenue has grown by 97.7%, moving from $16K to $31K. Total assets increased by 34.5% over the same period, from $70K to $94K. Total functional expenses rose by 23.7%, from $14K to $17K. In its most recent filing year (2022), Tri Town Ministerial Association reported a surplus of $14K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$31K	$17K	$94K	$0	—	View 990
2021	$30K	$15K	$80K	$0	—	—
2020	$63K	$41K	$65K	$0	—	View 990
2019	$32K	$40K	$42K	$0	—	View 990
2018	$51K	$72K	$51K	$0	—	View 990
2017	$45K	$55K	$72K	$0	—	View 990
2016	$32K	$35K	$82K	$0	—	View 990
2015	$59K	$40K	$83K	$0	—	View 990
2014	$66K	$58K	$62K	$0	—	View 990
2013	$49K	$46K	$54K	$0	—	View 990
2011	$16K	$14K	$70K	$0	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $31K, expenses of $17K, and assets of $94K (revenue +0.9% year-over-year).
2021: Revenue of $30K, expenses of $15K, and assets of $80K (revenue -51.9% year-over-year).
2020: Revenue of $63K, expenses of $41K, and assets of $65K (revenue +99.7% year-over-year).
2019: Revenue of $32K, expenses of $40K, and assets of $42K (revenue -37.6% year-over-year).
2018: Revenue of $51K, expenses of $72K, and assets of $51K (revenue +12.8% year-over-year).
2017: Revenue of $45K, expenses of $55K, and assets of $72K (revenue +42.7% year-over-year).
2016: Revenue of $32K, expenses of $35K, and assets of $82K (revenue -46.7% year-over-year).
2015: Revenue of $59K, expenses of $40K, and assets of $83K (revenue -10.4% year-over-year).
2014: Revenue of $66K, expenses of $58K, and assets of $62K (revenue +34.7% year-over-year).
2013: Revenue of $49K, expenses of $46K, and assets of $54K (revenue +215.7% year-over-year).
2011: Revenue of $16K, expenses of $14K, and assets of $70K.

Data Sources and Methodology

This transparency report for Tri Town Ministerial 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.