Twin Villages Downtown Alliance
EIN: 454543067 · Damariscotta, ME · NTEE: P01
Is Twin Villages Downtown Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Twin Villages Downtown Alliance
Twin Villages Downtown Alliance (EIN: 454543067) is a nonprofit organization based in Damariscotta, ME, classified under NTEE code P01. The organization reported total revenue of $54K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twin Villages Downtown Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Twin Villages Downtown Alliance 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 Twin Villages Downtown Alliance 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.
Frequently Asked Questions about Twin Villages Downtown Alliance
Is Twin Villages Downtown Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Twin Villages Downtown Alliance (EIN: 454543067) insufficient data. 0 red flags identified, 0 strengths noted.
How does Twin Villages Downtown Alliance spend its money?
Detailed spending breakdown data is not yet available for Twin Villages Downtown Alliance. Check back for updated IRS 990 analysis.
Are donations to Twin Villages Downtown Alliance tax-deductible?
Twin Villages Downtown Alliance is registered as a tax-exempt nonprofit (EIN: 454543067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Twin Villages Downtown Alliance showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Twin Villages Downtown Alliance's revenue has grown by 1135.8%, moving from $12K to $142K. Total assets increased by 301.3% over the same period, from $13K to $50K. Total functional expenses rose by 4494.4%, from $9K to $411K. In its most recent filing year (2023), Twin Villages Downtown Alliance reported a deficit of $269K, with expenses exceeding revenue. The organization holds $207K in liabilities against $50K in assets (debt-to-asset ratio: 410.5%), resulting in net assets of $-156,640.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $411K | $50K | $207K | — | — |
| 2022 | $148K | $91K | $137K | $0 | — | View 990 |
| 2021 | $2K | $5K | $81K | $0 | — | View 990 |
| 2020 | $1.0M | $930K | $84K | $0 | — | — |
| 2019 | $70K | $71K | $4K | $0 | — | View 990 |
| 2018 | $249K | $327K | $5K | $0 | — | View 990 |
| 2017 | $83K | $112K | $83K | $0 | — | — |
| 2016 | $53K | $18K | $111K | $0 | — | View 990 |
| 2015 | $19K | $28K | $76K | $0 | — | View 990 |
| 2014 | $109K | $35K | $86K | $0 | — | View 990 |
| 2013 | $12K | $9K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $411K, and assets of $50K (revenue -3.8% year-over-year).
- 2022: Revenue of $148K, expenses of $91K, and assets of $137K (revenue +5867.1% year-over-year).
- 2021: Revenue of $2K, expenses of $5K, and assets of $81K (revenue -99.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $930K, and assets of $84K (revenue +1338.7% year-over-year).
- 2019: Revenue of $70K, expenses of $71K, and assets of $4K (revenue -71.8% year-over-year).
- 2018: Revenue of $249K, expenses of $327K, and assets of $5K (revenue +198.5% year-over-year).
- 2017: Revenue of $83K, expenses of $112K, and assets of $83K (revenue +58.8% year-over-year).
- 2016: Revenue of $53K, expenses of $18K, and assets of $111K (revenue +182.5% year-over-year).
- 2015: Revenue of $19K, expenses of $28K, and assets of $76K (revenue -82.9% year-over-year).
- 2014: Revenue of $109K, expenses of $35K, and assets of $86K (revenue +843.7% year-over-year).
- 2013: Revenue of $12K, expenses of $9K, and assets of $13K.
Data Sources and Methodology
This transparency report for Twin Villages Downtown Alliance 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.