Westbrook Seals

Westbrook Seals maintains stable operations with growing assets and no executive compensation.

EIN: 10496380 · Windham, ME · NTEE: N60Z · Updated: 2026-03-28

$233KRevenue

$83KAssets

88/100Mission Score (Excellent)

N60Z

About Westbrook Seals

Westbrook Seals (EIN: 10496380) is a nonprofit organization based in Windham, ME, classified under NTEE code N60Z. The organization reported total revenue of $233K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westbrook Seals's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Westbrook Seals demonstrates consistent financial activity, with revenues and expenses generally balanced over the past decade. In the latest filing (Period 202408), the organization reported revenues of $218,695 against expenses of $226,688, indicating a slight operational deficit for that period. However, looking at the broader trend, the organization has managed to maintain positive net assets, growing from $8,828 in 2018 to $71,684 in 2024, suggesting prudent financial management over time. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership structure, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs. The organization's assets have shown healthy growth, reaching $83,296 in the latest available data, providing a solid financial foundation relative to its annual revenue.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Westbrook Seals with a Mission Score of 88 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: 85%
fundraising: 5%

According to IRS 990 filings, Westbrook Seals allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Westbrook Seals consistently reports 0% officer compensation across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards its mission.

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 Westbrook Seals's IRS 990 filings:

Slight operational deficit in the latest filing (202408), with expenses exceeding revenue by $7,993.

Strengths

The following positive indicators were identified for Westbrook Seals:

Consistent 0% officer compensation, indicating volunteer leadership and low administrative costs.
Healthy growth in net assets, from $8,828 in 2018 to $71,684 in 2024.
Stable revenue and expense levels over the past decade, demonstrating consistent operations.
Low liabilities relative to assets in most recent filings (e.g., $402 liabilities vs. $71,684 assets in 2024).

Frequently Asked Questions about Westbrook Seals

Is Westbrook Seals financially stable?

Yes, Westbrook Seals appears financially stable. While there was a slight deficit in 2024 (expenses of $226,688 exceeding revenue of $218,695), the organization has consistently maintained and grown its assets, from $8,828 in 2018 to $71,684 in 2024, demonstrating long-term financial health.

How efficient is Westbrook Seals with its spending?

Westbrook Seals appears highly efficient. The absence of officer compensation across all filings suggests very low administrative overhead, allowing a significant portion of its revenue to be allocated directly to programs. This is a strong indicator of spending efficiency.

What is the trend in Westbrook Seals' revenue and expenses?

Westbrook Seals has seen a general upward trend in both revenue and expenses over the past decade, growing from around $145,000 in 2019 to over $218,000 in 2024. Expenses have generally tracked revenues, indicating consistent operational scale.

Filing History

IRS 990 filing history for Westbrook Seals showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Westbrook Seals's revenue has grown by 58.6%, moving from $138K to $219K. Total assets increased by 114.1% over the same period, from $33K to $72K. Total functional expenses rose by 62.4%, from $140K to $227K. In its most recent filing year (2024), Westbrook Seals reported a deficit of $8K, with expenses exceeding revenue. The organization holds $402 in liabilities against $72K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $71K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$219K	$227K	$72K	$402	—	—
2023	$231K	$226K	$85K	$6K	—	View 990
2022	$241K	$215K	$76K	$2K	—	View 990
2021	$201K	$193K	$50K	$2K	—	View 990
2020	$181K	$147K	$70K	$30K	—	View 990
2019	$145K	$145K	$29K	$23K	—	View 990
2018	$145K	$156K	$9K	$3K	—	View 990
2017	$151K	$145K	$18K	$1K	—	View 990
2016	$135K	$148K	$15K	$4K	—	View 990
2015	$148K	$145K	$26K	$2K	—	View 990
2014	$128K	$149K	$30K	$9K	—	View 990
2013	$146K	$145K	$34K	$767	—	View 990
2012	$138K	$140K	$33K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $219K, expenses of $227K, and assets of $72K (revenue -5.5% year-over-year).
2023: Revenue of $231K, expenses of $226K, and assets of $85K (revenue -4.0% year-over-year).
2022: Revenue of $241K, expenses of $215K, and assets of $76K (revenue +20.0% year-over-year).
2021: Revenue of $201K, expenses of $193K, and assets of $50K (revenue +11.3% year-over-year).
2020: Revenue of $181K, expenses of $147K, and assets of $70K (revenue +24.3% year-over-year).
2019: Revenue of $145K, expenses of $145K, and assets of $29K (revenue -0.1% year-over-year).
2018: Revenue of $145K, expenses of $156K, and assets of $9K (revenue -3.6% year-over-year).
2017: Revenue of $151K, expenses of $145K, and assets of $18K (revenue +11.6% year-over-year).
2016: Revenue of $135K, expenses of $148K, and assets of $15K (revenue -8.5% year-over-year).
2015: Revenue of $148K, expenses of $145K, and assets of $26K (revenue +15.8% year-over-year).
2014: Revenue of $128K, expenses of $149K, and assets of $30K (revenue -12.4% year-over-year).
2013: Revenue of $146K, expenses of $145K, and assets of $34K (revenue +5.5% year-over-year).
2012: Revenue of $138K, expenses of $140K, and assets of $33K.

Data Sources and Methodology

This transparency report for Westbrook Seals 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.