Elmina B Sewall Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Elmina B Sewall Foundation is a 501(c)(3) organization based in Freeport, Maine, registered in 1983, with $42,549 in FY2024 revenue. CharityIndex grades it D.
15 Main St Ste 230, Freeport, ME, 04032 EIN 01-0387404 Since 1983
Revenue (FY2024)
$43K
▼ 99.2% vs prior year
Expenses (FY2024)
$8.1M
Net assets
$163.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Elmina B Sewall Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating241 mo reserves · -19030% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Elmina B Sewall Foundation: 241 mo reserves · -19030% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Elmina B Sewall Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Elmina B Sewall Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $18.2M (FY2020) to $43K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.2MNet assets $163.6M
Operating margin
-19029.7%
Spent more than it raised in the latest fiscal year.
Total assets
$164.8M
Total liabilities
$1.2M
Net assets
$163.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $42,549▼99.2% | $8,139,499▼49.8% | $163,634,591▲2.2% | $164,831,338▼3.4% | 990PF |
| 2023 | $5,294,917▲246% | $16,200,018▲14.7% | $160,134,972▼3.7% | $170,578,667▲2.4% | 990PF |
| 2022 | -$3,635,299▼130% | $14,123,615▲9.6% | $166,237,703▼20.1% | $166,615,697▼20.6% | 990PF |
| 2021 | $12,049,239▼33.9% | $12,889,606▼11.8% | $208,069,560▲5.9% | $209,758,596▲5.7% | 990PF |
| 2020 | $18,229,129 | $14,618,300 | $196,411,201 | $198,399,545 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Elmina B Sewall Foundation a legitimate nonprofit?
- Yes. Elmina B Sewall Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0387404, based in Freeport, Maine. Donations are tax-deductible.
- What is Elmina B Sewall Foundation's EIN?
- Elmina B Sewall Foundation's Employer Identification Number (EIN) is 01-0387404.
- How much revenue does Elmina B Sewall Foundation report?
- Elmina B Sewall Foundation reported $42,549 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Elmina B Sewall Foundation have?
- CharityIndex grades Elmina B Sewall Foundation D, based on financial health (reserves and operating margin).
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Data for Elmina B Sewall Foundation (EIN 01-0387404) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.