Trustees Of The First Parish In Portland
Trustees Of The First Parish In Portland maintains strong asset base and low liabilities with no reported officer compensation.
EIN: 16012053 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $811K |
| Total Expenses | $174K |
| Program Spending | 90% |
| Net Assets | $3.5M |
| Transparency Score | 92/100 |
Is Trustees Of The First Parish In Portland Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trustees Of The First Parish In Portland directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trustees Of The First Parish In Portland
Trustees Of The First Parish In Portland (EIN: 16012053) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $811K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trustees Of The First Parish In Portland's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trustees Of The First Parish In Portland is a small nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $174K |
| Surplus / Deficit | +$14K |
| Total Assets | $3.5M |
| Net Assets | $3.5M |
| Operating Margin | 7.3% |
| Months of Reserves | 245.0 months |
Financial Health Grade: A
In 2023, Trustees Of The First Parish In Portland reported a surplus of $14K with revenue exceeding expenses, holds 245.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Trustees Of The First Parish In Portland's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | +5.1% | +1.5% |
| 2022 | +3.7% | +2.8% | -9.8% |
| 2021 | +279.0% | +4.0% | +23.2% |
| 2020 | -49.7% | +14.8% | -2.9% |
| 2019 | -45.3% | -4.6% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1972 |
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 Trustees Of The First Parish In Portland 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Trustees Of The First Parish In Portland 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization 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 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 Trustees Of The First Parish In Portland's IRS 990 filings:
- NTEE Code is unknown, making it difficult to assess mission alignment without further information.
- Significant discrepancy between 'Latest Revenue' ($811,174) and individual annual revenues reported in filing history (e.g., $187,198 in 202306), requiring clarification.
Strengths
The following positive indicators were identified for Trustees Of The First Parish In Portland:
- Strong and growing asset base, reaching $3,543,237 in 2023, providing financial stability.
- Consistently low liabilities, often $0, indicating sound financial management.
- 0% reported officer compensation across all filings, suggesting highly efficient administrative costs.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency.
- Expenses are consistently well-managed and below revenue in most recent periods, indicating operational sustainability.
Frequently Asked Questions about Trustees Of The First Parish In Portland
Is Trustees Of The First Parish In Portland a legitimate charity?
Trustees Of The First Parish In Portland (EIN: 16012053) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $811K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Trustees Of The First Parish In Portland spend its money?
Trustees Of The First Parish In Portland directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Trustees Of The First Parish In Portland tax-deductible?
Trustees Of The First Parish In Portland is registered as a tax-exempt nonprofit (EIN: 16012053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Trustees Of The First Parish In Portland located?
Trustees Of The First Parish In Portland is headquartered in Portland, Maine and files with the IRS under EIN 16012053.
How many years of IRS 990 filings does Trustees Of The First Parish In Portland have?
Trustees Of The First Parish In Portland has 13 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 $811K in total revenue.
What is the primary mission or program activity of Trustees Of The First Parish In Portland, given its NTEE code is unknown?
Without an NTEE code or program service expense breakdown, it's difficult to ascertain the specific mission, but the consistent, relatively low expenses and stable asset base suggest a focus on long-term stewardship, likely related to the 'First Parish' in its name, potentially a religious or historical preservation entity.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely run by volunteers, or any compensation for leadership roles is categorized differently within their financial statements, such as general salaries and wages, rather than specific officer compensation.
What caused the significant revenue spike to $811,174 in the latest reported period, compared to typical annual revenues around $100,000-$200,000?
The provided 'Latest Revenue' of $811,174 is significantly higher than any individual annual revenue reported in the filing history. This discrepancy suggests either a major one-time donation, a large investment gain, or that the 'Latest Revenue' figure represents a different reporting period or aggregation than the individual 990 filings provided. Further detail from the full 990 filing would be needed to understand this anomaly.
Filing History
IRS 990 filing history for Trustees Of The First Parish In Portland showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trustees Of The First Parish In Portland's revenue has grown by 93%, moving from $97K to $187K. Total assets increased by 64.3% over the same period, from $2.2M to $3.5M. Total functional expenses rose by 91.5%, from $91K to $174K. In its most recent filing year (2023), Trustees Of The First Parish In Portland reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $187K | $174K | $3.5M | $0 | — | — |
| 2022 | $205K | $165K | $3.5M | $0 | — | View 990 |
| 2021 | $198K | $161K | $3.9M | $10K | — | View 990 |
| 2020 | $52K | $154K | $3.1M | $22K | — | View 990 |
| 2019 | $104K | $135K | $3.2M | $35K | — | View 990 |
| 2018 | $189K | $141K | $3.2M | $46K | — | View 990 |
| 2017 | $104K | $130K | $3.1M | $57K | — | View 990 |
| 2016 | $77K | $145K | $2.9M | $21K | — | View 990 |
| 2015 | $117K | $129K | $3.1M | $46K | — | View 990 |
| 2014 | $136K | $131K | $3.2M | $70K | — | View 990 |
| 2013 | $921K | $95K | $2.9M | $90K | — | View 990 |
| 2012 | $109K | $138K | $2.1M | $0 | — | View 990 |
| 2011 | $97K | $91K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $187K, expenses of $174K, and assets of $3.5M (revenue -8.7% year-over-year).
- 2022: Revenue of $205K, expenses of $165K, and assets of $3.5M (revenue +3.7% year-over-year).
- 2021: Revenue of $198K, expenses of $161K, and assets of $3.9M (revenue +279.0% year-over-year).
- 2020: Revenue of $52K, expenses of $154K, and assets of $3.1M (revenue -49.7% year-over-year).
- 2019: Revenue of $104K, expenses of $135K, and assets of $3.2M (revenue -45.3% year-over-year).
- 2018: Revenue of $189K, expenses of $141K, and assets of $3.2M (revenue +82.7% year-over-year).
- 2017: Revenue of $104K, expenses of $130K, and assets of $3.1M (revenue +33.8% year-over-year).
- 2016: Revenue of $77K, expenses of $145K, and assets of $2.9M (revenue -33.7% year-over-year).
- 2015: Revenue of $117K, expenses of $129K, and assets of $3.1M (revenue -14.1% year-over-year).
- 2014: Revenue of $136K, expenses of $131K, and assets of $3.2M (revenue -85.2% year-over-year).
- 2013: Revenue of $921K, expenses of $95K, and assets of $2.9M (revenue +743.3% year-over-year).
- 2012: Revenue of $109K, expenses of $138K, and assets of $2.1M (revenue +12.6% year-over-year).
- 2011: Revenue of $97K, expenses of $91K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trustees Of The First Parish In Portland:
Data Sources and Methodology
This transparency report for Trustees Of The First Parish In Portland 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.