West Quoddy Head Light Keepers Assn
West Quoddy Head Light Keepers Assn maintains stable finances with zero executive compensation.
EIN: 10544565 · Lubec, ME · NTEE: P99 · Updated: 2026-03-28
About West Quoddy Head Light Keepers Assn
West Quoddy Head Light Keepers Assn (EIN: 10544565) is a nonprofit organization based in Lubec, ME, classified under NTEE code P99. The organization reported total revenue of $76K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Quoddy Head Light Keepers Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates West Quoddy Head Light Keepers Assn with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, West Quoddy Head Light Keepers Assn allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is 0% in both reported periods (2023 and 2019), indicating that the organization's leadership is either entirely volunteer or receives no reportable compensation, which is highly commendable for a nonprofit of this 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.
Strengths
The following positive indicators were identified for West Quoddy Head Light Keepers Assn:
- Zero officer compensation, indicating efficient use of funds and likely volunteer leadership.
- Consistent growth in assets, from $69,821 in 2019 to $78,108 currently.
- Significant increase in revenue, from $35,144 in 2019 to $75,625 most recently, demonstrating growing support.
- Low liabilities, with $511 in 2023 and $1,275 in 2019, suggesting good financial management.
Frequently Asked Questions about West Quoddy Head Light Keepers Assn
Is West Quoddy Head Light Keepers Assn a good charity?
Based on the available data, the West Quoddy Head Light Keepers Assn appears to be a good charity. It demonstrates strong financial stability with growing assets and revenue, and notably, zero executive compensation, suggesting a high dedication to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has improved, with assets increasing from $69,821 in 2019 to $78,108 currently, and revenue growing significantly from $35,144 in 2019 to $75,625 most recently. This indicates positive growth and financial stability.
Filing History
IRS 990 filing history for West Quoddy Head Light Keepers Assn showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2023), West Quoddy Head Light Keepers Assn's revenue has declined by 6.6%, moving from $35K to $33K. Total assets decreased by 14.1% over the same period, from $70K to $60K. Total functional expenses rose by 20.1%, from $30K to $36K. In its most recent filing year (2023), West Quoddy Head Light Keepers Assn reported a deficit of $3K, with expenses exceeding revenue. The organization holds $511 in liabilities against $60K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $36K | $60K | $511 | — | — |
| 2019 | $35K | $30K | $70K | $1K | — | View 990 |
Data Sources and Methodology
This transparency report for West Quoddy Head Light Keepers Assn 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.