Trial And Error
EIN: 61717675 · Madawaska, ME · NTEE: I50
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $41K |
| Net Assets | $34K |
Is Trial And Error Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trial And Error
Trial And Error (EIN: 61717675) is a nonprofit organization based in Madawaska, ME, classified under NTEE code I50. The organization reported total revenue of $3K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trial And Error's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trial And Error is a micro nonprofit that has been operating for 3 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $41K |
| Surplus / Deficit | $-3,074 |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | -8.2% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Trial And Error reported a deficit of $3K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Trial And Error's revenue has grown at a compound annual growth rate (CAGR) of 25.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.2% | +89.7% | -8.4% |
| 2022 | +6767.0% | +2163.5% | +147.1% |
| 2020 | -40.5% | -38.1% | -2.1% |
| 2019 | -3.0% | -54.3% | -32.8% |
| 2018 | -93.1% | -63.0% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trial And Error has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trial And Error with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Trial And Error
Is Trial And Error a legitimate charity?
Based on AI analysis of IRS 990 filings, Trial And Error (EIN: 61717675) insufficient data. 0 red flags identified, 0 strengths noted.
How does Trial And Error spend its money?
Detailed spending breakdown data is not yet available for Trial And Error. Check back for updated IRS 990 analysis.
Are donations to Trial And Error tax-deductible?
Trial And Error is registered as a tax-exempt nonprofit (EIN: 61717675). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Trial And Error located?
Trial And Error is headquartered in Madawaska, Maine and files with the IRS under EIN 61717675. It is classified under NTEE code I50.
How many years of IRS 990 filings does Trial And Error have?
Trial And Error has 11 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 $3K in total revenue.
Filing History
IRS 990 filing history for Trial And Error showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Trial And Error's revenue has grown by 1445.8%, moving from $2K to $38K. Total assets increased by 162.2% over the same period, from $13K to $34K. Total functional expenses rose by 2339.3%, from $2K to $41K. In its most recent filing year (2023), Trial And Error reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $41K | $34K | $0 | — | View 990 |
| 2022 | $43K | $21K | $37K | $0 | — | View 990 |
| 2020 | $625 | $949 | $15K | $0 | — | — |
| 2019 | $1K | $2K | $15K | $0 | — | — |
| 2018 | $1K | $3K | $23K | $0 | — | View 990 |
| 2016 | $16K | $9K | $21K | $0 | — | View 990 |
| 2015 | $2K | $4K | $14K | $0 | — | View 990 |
| 2014 | $3K | $6K | $17K | $0 | — | View 990 |
| 2013 | $10K | $3K | $21K | $0 | — | View 990 |
| 2012 | $14K | $12K | $16K | $0 | — | View 990 |
| 2011 | $2K | $2K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $41K, and assets of $34K (revenue -12.2% year-over-year).
- 2022: Revenue of $43K, expenses of $21K, and assets of $37K (revenue +6767.0% year-over-year).
- 2020: Revenue of $625, expenses of $949, and assets of $15K (revenue -40.5% year-over-year).
- 2019: Revenue of $1K, expenses of $2K, and assets of $15K (revenue -3.0% year-over-year).
- 2018: Revenue of $1K, expenses of $3K, and assets of $23K (revenue -93.1% year-over-year).
- 2016: Revenue of $16K, expenses of $9K, and assets of $21K (revenue +720.8% year-over-year).
- 2015: Revenue of $2K, expenses of $4K, and assets of $14K (revenue -38.1% year-over-year).
- 2014: Revenue of $3K, expenses of $6K, and assets of $17K (revenue -68.1% year-over-year).
- 2013: Revenue of $10K, expenses of $3K, and assets of $21K (revenue -31.6% year-over-year).
- 2012: Revenue of $14K, expenses of $12K, and assets of $16K (revenue +481.8% year-over-year).
- 2011: Revenue of $2K, expenses of $2K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trial And Error:
Data Sources and Methodology
This transparency report for Trial And Error 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.