First Federal Savings & Loan Assoc of Bath Charitable Foundation
Only null% goes to programs Strong reserves Growing revenue
First Federal Savings & Loan Assoc of Bath Charitable Foundation is a 501(c)(3) organization based in Bath, Maine, registered in 2004, with $20,942 in FY2024 revenue. CharityIndex grades it C+.
Po Box 488, Bath, ME, 04530 EIN 30-0214650 Since 2004
Revenue (FY2024)
$21K
▼ 80.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$21K
Net assets
$338K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 First Federal Savings & Loan Assoc of Bath Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating194 mo reserves · +0% 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 First Federal Savings & Loan Assoc of Bath Charitable Foundation: 194 mo reserves · +0% margin earns a B+ 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 First Federal Savings & Loan Assoc of Bath Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 First Federal Savings & Loan Assoc of Bath Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 488, Bath, ME, 04530
- City
- Bath
- State
- Maine
- Subcategory
- Public Foundations
Financial trends
Revenue grew from $5,750 (FY2013) to $21K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $338K
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$338K
Total liabilities
$0
Net assets
$338K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,942▼80.3% | $20,881▲43.8% | $337,939▲7.7% | $337,939▲7.7% | 990PF |
| 2023 | $106,351▲12698% | $14,522▼10.3% | $313,663▲67.4% | $313,663▲67.4% | 990PF |
| 2022 | $831▼93.8% | $16,183▼65.7% | $187,334▼22.5% | $187,334▼22.5% | 990PF |
| 2021 | $13,407▼82.7% | $47,142▲296% | $241,619▼7.2% | $241,619▼7.2% | 990PF |
| 2020 | $77,522▲1659% | $11,898▼8.3% | $260,397▲48.8% | $260,397▲48.8% | 990PF |
| 2019 | $4,408▼92.4% | $12,980▼73.7% | $175,041▲9.9% | $175,041▲9.9% | 990PF |
| 2018 | $57,656▲55.0% | $49,364▲42.7% | $159,249▼4.1% | $159,249▼4.1% | 990PF |
| 2017 | $37,193▲2292% | $34,585▲303% | $166,104▲9.1% | $166,104▲9.1% | 990PF |
| 2016 | $1,555▼86.9% | $8,587▼62.6% | $152,285▼0.4% | $152,285▼0.4% | 990PF |
| 2015 | $11,902▼78.3% | $22,966▲56.1% | $152,912▼11.8% | $152,912▼11.8% | 990PF |
| 2014 | $54,760▲852% | $14,710▼58.2% | $173,383▼1.7% | $173,383▼1.7% | 990PF |
| 2013 | $5,750 | $35,150▲153% | $176,465▼8.8% | $176,465▼8.8% | 990PF |
| 2012 | — | $13,885 | $193,469 | $193,469 | 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.
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Frequently asked questions
- Is First Federal Savings & Loan Assoc of Bath Charitable Foundation a legitimate nonprofit?
- Yes. First Federal Savings & Loan Assoc of Bath Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-0214650, based in Bath, Maine. Donations are tax-deductible.
- What is First Federal Savings & Loan Assoc of Bath Charitable Foundation's EIN?
- First Federal Savings & Loan Assoc of Bath Charitable Foundation's Employer Identification Number (EIN) is 30-0214650.
- How much revenue does First Federal Savings & Loan Assoc of Bath Charitable Foundation report?
- First Federal Savings & Loan Assoc of Bath Charitable Foundation reported $20,942 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does First Federal Savings & Loan Assoc of Bath Charitable Foundation have?
- CharityIndex grades First Federal Savings & Loan Assoc of Bath Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for First Federal Savings & Loan Assoc of Bath Charitable Foundation (EIN 30-0214650) 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.