Wabanaki Alliance
EIN: 851408286 · Stillwater, ME · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $368K |
| Total Expenses | $257K |
| Net Assets | $474K |
Is Wabanaki Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wabanaki Alliance
Wabanaki Alliance (EIN: 851408286) is a nonprofit organization based in Stillwater, ME, classified under NTEE code A23. The organization reported total revenue of $368K and total assets of $548K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wabanaki Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wabanaki Alliance is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 69.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $442K |
| Total Expenses | $257K |
| Surplus / Deficit | +$185K |
| Total Assets | $482K |
| Total Liabilities | $8K |
| Net Assets | $474K |
| Operating Margin | 41.9% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Wabanaki Alliance reported a surplus of $185K with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Wabanaki Alliance's revenue has grown at a compound annual growth rate (CAGR) of 69.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | -23.3% | +62.5% |
| 2022 | +75.7% | +206.4% | +45.3% |
| 2021 | +161.4% | +596.5% | +169.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wabanaki 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 Wabanaki 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $185K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Wabanaki Alliance
Is Wabanaki Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Wabanaki Alliance (EIN: 851408286) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wabanaki Alliance spend its money?
Detailed spending breakdown data is not yet available for Wabanaki Alliance. Check back for updated IRS 990 analysis.
Are donations to Wabanaki Alliance tax-deductible?
Wabanaki Alliance is registered as a tax-exempt nonprofit (EIN: 851408286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wabanaki Alliance located?
Wabanaki Alliance is headquartered in Stillwater, Maine and files with the IRS under EIN 851408286. It is classified under NTEE code A23.
How many years of IRS 990 filings does Wabanaki Alliance have?
Wabanaki Alliance has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $368K in total revenue.
Filing History
IRS 990 filing history for Wabanaki Alliance showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Wabanaki Alliance's revenue has grown by 383.4%, moving from $91K to $442K. Total assets increased by 536% over the same period, from $76K to $482K. Total functional expenses rose by 1536.1%, from $16K to $257K. In its most recent filing year (2023), Wabanaki Alliance reported a surplus of $185K, with revenue exceeding expenses. The organization holds $8K in liabilities against $482K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $474K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $442K | $257K | $482K | $8K | — | View 990 |
| 2022 | $420K | $335K | $296K | $8K | — | View 990 |
| 2021 | $239K | $109K | $204K | $0 | — | View 990 |
| 2020 | $91K | $16K | $76K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $442K, expenses of $257K, and assets of $482K (revenue +5.2% year-over-year).
- 2022: Revenue of $420K, expenses of $335K, and assets of $296K (revenue +75.7% year-over-year).
- 2021: Revenue of $239K, expenses of $109K, and assets of $204K (revenue +161.4% year-over-year).
- 2020: Revenue of $91K, expenses of $16K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wabanaki Alliance:
Data Sources and Methodology
This transparency report for Wabanaki 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.