W F Bisbee J G O Rourke Tte

W F Bisbee J G O Rourke Tte consistently spends more than it earns, relying on a growing $22M asset base with no officer compensation.

EIN: 16011528 · Portland, ME · NTEE: T90 · Updated: 2026-03-28

$521KRevenue
$22.1MAssets
90/100Mission Score (Excellent)
T90
W F Bisbee J G O Rourke Tte Financial Summary
MetricValue
Total Revenue$521K
Total Expenses$535K
Program Spending90%
Net Assets$20.2M
Transparency Score90/100

Is W F Bisbee J G O Rourke Tte Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

W F Bisbee J G O Rourke Tte directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About W F Bisbee J G O Rourke Tte

W F Bisbee J G O Rourke Tte (EIN: 16011528) is a nonprofit organization based in Portland, ME, classified under NTEE code T90. The organization reported total revenue of $521K and total assets of $22.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of W F Bisbee J G O Rourke Tte's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

27Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

W F Bisbee J G O Rourke Tte is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$446K
Total Expenses$535K
Surplus / Deficit$-89,268
Total Assets$20.2M
Net Assets$20.2M
Operating Margin-20.0%
Months of Reserves452.6 months

Financial Health Grade: B

In 2023, W F Bisbee J G O Rourke Tte reported a deficit of $89K with expenses exceeding revenue, holds 452.6 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), W F Bisbee J G O Rourke Tte's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+29.1%+31.2%+13.9%
2022+1.5%-5.9%-14.7%
2021-1.2%+11.9%+14.7%
2020+3.1%-2.8%+13.3%
2019+0.9%+4.1%+18.5%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1999

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

W F Bisbee J G O Rourke Tte demonstrates consistent financial health with substantial and growing assets, reaching $22,065,602 in the latest period. The organization consistently operates with expenses exceeding revenue, as seen in 202312 where expenses were $535,407 against revenue of $446,139. This suggests a reliance on its significant asset base to fund its operations, which is common for foundations or trusts. The absence of liabilities across all reported periods indicates a very strong balance sheet and prudent financial management, minimizing financial risk. The organization's spending efficiency is notable given that 0% of its expenses are allocated to officer compensation, indicating a volunteer-led or externally managed structure without direct executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the lack of officer compensation suggests a high potential for funds to be directed towards its mission. The consistent growth in assets over time, from $11,761,578 in 2015 to over $22 million currently, further underscores its long-term financial stability and capacity to sustain its activities. Transparency appears strong, with 13 filings available, indicating regular reporting to the IRS. The consistent reporting of zero liabilities and zero officer compensation simplifies the financial picture and suggests a straightforward operational model. However, without a detailed functional expense breakdown, it's challenging to fully assess the proportion of spending directly on programs versus administrative overhead. The NTEE code T90 (Foundations, Grantmaking & Giving Services) suggests its primary function is grantmaking, which inherently involves distributing funds to other organizations, making direct program spending less applicable in the traditional sense.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates W F Bisbee J G O Rourke Tte with a Mission Score of 90 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

According to IRS 990 filings, W F Bisbee J G O Rourke Tte 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:

$446KTotal Revenue
$535KTotal Expenses
$20.2MTotal Assets
$20.2MNet Assets

Executive Compensation Analysis

Executive compensation is 0% across all reported periods, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of this asset size and suggests a volunteer-led or externally managed structure.

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 W F Bisbee J G O Rourke Tte's IRS 990 filings:

Strengths

The following positive indicators were identified for W F Bisbee J G O Rourke Tte:

Frequently Asked Questions about W F Bisbee J G O Rourke Tte

Is W F Bisbee J G O Rourke Tte a legitimate charity?

Based on AI analysis of IRS 990 filings, W F Bisbee J G O Rourke Tte (EIN: 16011528) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

How does W F Bisbee J G O Rourke Tte spend its money?

W F Bisbee J G O Rourke Tte directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to W F Bisbee J G O Rourke Tte tax-deductible?

W F Bisbee J G O Rourke Tte is registered as a tax-exempt nonprofit (EIN: 16011528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does W F Bisbee J G O Rourke Tte compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), W F Bisbee J G O Rourke Tte is above average for NTEE category T90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is W F Bisbee J G O Rourke Tte located?

W F Bisbee J G O Rourke Tte is headquartered in Portland, Maine and files with the IRS under EIN 16011528. It is classified under NTEE code T90.

How many years of IRS 990 filings does W F Bisbee J G O Rourke Tte have?

W F Bisbee J G O Rourke Tte 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 $521K in total revenue.

Is W F Bisbee J G O Rourke Tte a good charity?

Based on the available data, the organization exhibits strong financial health with substantial and growing assets ($22,065,602), no liabilities, and 0% officer compensation. This suggests a highly efficient use of funds, likely directed entirely towards its mission as a grantmaking foundation. However, without detailed program spending information, a full assessment of its direct impact is limited.

How does W F Bisbee J G O Rourke Tte fund its operations if expenses consistently exceed revenue?

The organization consistently operates with expenses exceeding revenue, for example, $535,407 in expenses versus $446,139 in revenue in 202312. This indicates it draws from its significant and growing asset base ($22,065,602) to cover operational costs and grantmaking activities, which is typical for a foundation or trust.

What is the trend in the organization's assets?

The organization's assets have shown consistent and significant growth over the past decade, increasing from $11,761,578 in 2015 to $22,065,602 in the latest period, indicating strong financial stewardship and investment performance.

Filing History

IRS 990 filing history for W F Bisbee J G O Rourke Tte showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), W F Bisbee J G O Rourke Tte's revenue has grown by 65.2%, moving from $270K to $446K. Total assets increased by 116.4% over the same period, from $9.3M to $20.2M. Total functional expenses rose by 79.7%, from $298K to $535K. In its most recent filing year (2023), W F Bisbee J G O Rourke Tte reported a deficit of $89K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $446K $535K $20.2M $0 View 990
2022 $346K $408K $17.7M $0
2021 $341K $434K $20.8M $0
2020 $345K $388K $18.1M $0 View 990
2019 $335K $399K $16.0M $0 View 990
2018 $332K $384K $13.5M $0 View 990
2017 $311K $368K $14.0M $0 View 990
2016 $277K $320K $12.4M $0 View 990
2015 $282K $337K $11.8M $0 View 990
2014 $261K $321K $12.4M $0 View 990
2013 $270K $312K $11.4M $0 View 990
2012 $289K $287K $10.0M $0 View 990
2011 $270K $298K $9.3M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for W F Bisbee J G O Rourke Tte:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for W F Bisbee J G O Rourke Tte 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.

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