Unity Area Region Recycling Center
Unity Area Region Recycling Center consistently operates with expenses often exceeding revenue, maintaining stability through existing assets.
EIN: 10456467 · Thorndike, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $141K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $121K |
| Transparency Score | 75/100 |
Is Unity Area Region Recycling Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Unity Area Region Recycling Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Unity Area Region Recycling Center
Unity Area Region Recycling Center (EIN: 10456467) is a nonprofit organization based in Thorndike, ME. The organization reported total revenue of $165K and total assets of $279K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unity Area Region Recycling Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unity Area Region Recycling Center is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $141K |
| Surplus / Deficit | $-8,330 |
| Total Assets | $270K |
| Total Liabilities | $149K |
| Net Assets | $121K |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 55.1% |
| Months of Reserves | 23.0 months |
Financial Health Grade: C
In 2024, Unity Area Region Recycling Center reported a deficit of $8K with expenses exceeding revenue, holds 23.0 months of operating reserves (strong position), has a debt-to-asset ratio of 55.1% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Unity Area Region Recycling Center's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +31.3% | +23.5% | +9.2% |
| 2023 | -11.5% | +11.3% | +7.8% |
| 2022 | +22.2% | +7.1% | +3.9% |
| 2021 | -3.1% | -2.2% | +1.2% |
| 2020 | +12.8% | -2.9% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Unity Area Region Recycling Center with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Unity Area Region Recycling Center allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues typically around $100,000-$160,000.
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.
Red Flags
The following concerns were identified during AI analysis of Unity Area Region Recycling Center's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in 7 out of 10 periods, including the last two)
- Increasing liabilities in recent years (from $70,608 in 201503 to $148,882 in 202403)
Strengths
The following positive indicators were identified for Unity Area Region Recycling Center:
- Zero reported officer compensation, indicating highly efficient executive overhead
- Consistent operation and filing history over more than a decade, demonstrating stability and commitment
- Positive net asset position, with assets consistently exceeding liabilities
- Stable asset base, generally growing or maintaining value over time
Frequently Asked Questions about Unity Area Region Recycling Center
Is Unity Area Region Recycling Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Unity Area Region Recycling Center (EIN: 10456467) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Unity Area Region Recycling Center spend its money?
Unity Area Region Recycling Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Unity Area Region Recycling Center tax-deductible?
Unity Area Region Recycling Center is registered as a tax-exempt nonprofit (EIN: 10456467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Unity Area Region Recycling Center CEO make?
Unity Area Region Recycling Center's highest-compensated officer earns $100,000 annually. The organization reported $165K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Unity Area Region Recycling Center located?
Unity Area Region Recycling Center is headquartered in Thorndike, Maine and files with the IRS under EIN 10456467.
How many years of IRS 990 filings does Unity Area Region Recycling Center have?
Unity Area Region Recycling Center 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 $165K in total revenue.
Is Unity Area Region Recycling Center financially sustainable given its recurring expense deficits?
While the organization has frequently reported expenses exceeding revenue (e.g., $141,086 expenses vs. $132,756 revenue in 202403), its consistent positive net assets (assets $270,086 vs. liabilities $148,882 in 202403) suggest it has reserves to cover these shortfalls. Long-term sustainability would benefit from aligning revenues more closely with expenses.
What is the primary source of Unity Area Region Recycling Center's revenue?
The provided data does not specify the primary source of revenue (e.g., grants, fees for service, donations). Further investigation into the full 990 forms would be needed to determine this.
How does Unity Area Region Recycling Center manage to operate with 0% officer compensation?
The 0% officer compensation suggests that executive leadership may be volunteer-based, or compensated through other means not classified as officer compensation on the 990, or that the organization has a very lean, possibly part-time, paid staff structure where no single individual meets the definition of an officer receiving reportable compensation.
Filing History
IRS 990 filing history for Unity Area Region Recycling Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Unity Area Region Recycling Center's revenue has grown by 10.1%, moving from $121K to $133K. Total assets increased by 22.7% over the same period, from $220K to $270K. Total functional expenses rose by 27.2%, from $111K to $141K. In its most recent filing year (2024), Unity Area Region Recycling Center reported a deficit of $8K, with expenses exceeding revenue. The organization holds $149K in liabilities against $270K in assets (debt-to-asset ratio: 55.1%), resulting in net assets of $121K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $133K | $141K | $270K | $149K | — | — |
| 2023 | $101K | $114K | $247K | $118K | — | — |
| 2022 | $114K | $103K | $229K | $87K | — | View 990 |
| 2021 | $94K | $96K | $221K | $90K | — | View 990 |
| 2020 | $97K | $98K | $218K | $85K | — | View 990 |
| 2019 | $86K | $101K | $229K | $94K | — | View 990 |
| 2018 | $95K | $101K | $226K | $76K | — | View 990 |
| 2017 | $90K | $99K | $232K | $75K | — | View 990 |
| 2016 | $85K | $98K | $241K | $75K | — | View 990 |
| 2015 | $109K | $89K | $250K | $71K | — | View 990 |
| 2014 | $109K | $114K | $251K | $90K | — | View 990 |
| 2013 | $95K | $111K | $209K | $43K | — | View 990 |
| 2012 | $121K | $111K | $220K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $133K, expenses of $141K, and assets of $270K (revenue +31.3% year-over-year).
- 2023: Revenue of $101K, expenses of $114K, and assets of $247K (revenue -11.5% year-over-year).
- 2022: Revenue of $114K, expenses of $103K, and assets of $229K (revenue +22.2% year-over-year).
- 2021: Revenue of $94K, expenses of $96K, and assets of $221K (revenue -3.1% year-over-year).
- 2020: Revenue of $97K, expenses of $98K, and assets of $218K (revenue +12.8% year-over-year).
- 2019: Revenue of $86K, expenses of $101K, and assets of $229K (revenue -9.5% year-over-year).
- 2018: Revenue of $95K, expenses of $101K, and assets of $226K (revenue +5.4% year-over-year).
- 2017: Revenue of $90K, expenses of $99K, and assets of $232K (revenue +5.3% year-over-year).
- 2016: Revenue of $85K, expenses of $98K, and assets of $241K (revenue -21.4% year-over-year).
- 2015: Revenue of $109K, expenses of $89K, and assets of $250K (revenue -0.2% year-over-year).
- 2014: Revenue of $109K, expenses of $114K, and assets of $251K (revenue +14.4% year-over-year).
- 2013: Revenue of $95K, expenses of $111K, and assets of $209K (revenue -21.2% year-over-year).
- 2012: Revenue of $121K, expenses of $111K, and assets of $220K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unity Area Region Recycling Center:
Data Sources and Methodology
This transparency report for Unity Area Region Recycling Center 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.