Olive A Coates Charitable Tr
Only null% goes to programs Strong reserves Growing revenue
Olive A Coates Charitable Tr is a 501(c)(3) organization based in Portland, Maine, registered in 2000, with $760,032 in FY2024 revenue. CharityIndex grades it C+.
Po Box 31, Portland, ME, 04112 EIN 01-6149204 Since 2000
Revenue (FY2024)
$760K
▲ 124.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$420K
Net assets
$4.3M
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 Olive A Coates Charitable Tr— 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 rating122 mo reserves · +45% 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 Olive A Coates Charitable Tr: 122 mo reserves · +45% 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 Olive A Coates Charitable Tr— 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 Olive A Coates Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 31, Portland, ME, 04112
- City
- Portland
- State
- Maine
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $295K (FY2015) to $760K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.3M
Operating margin
44.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$0
Net assets
$4.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $760,032▲124% | $419,615▼8.5% | $4,280,629▲8.7% | $4,280,629▲8.7% | 990PF |
| 2023 | $338,819▼16.3% | $458,425▼2.7% | $3,938,780▼3.0% | $3,938,780▼3.0% | 990PF |
| 2022 | $404,762▼13.8% | $470,983▲30.2% | $4,059,833▼1.7% | $4,059,833▼1.7% | 990PF |
| 2021 | $469,432▲30.0% | $361,701▲7.7% | $4,128,055▲2.7% | $4,128,055▲2.7% | 990PF |
| 2020 | $361,145▼3.3% | $335,858 | $4,020,416▲0.7% | $4,020,416▲0.7% | 990PF |
| 2019 | $373,627▼38.9% | $335,966▲2.4% | $3,994,086▲1.0% | $3,994,086▲1.0% | 990PF |
| 2018 | $611,580▲166% | $328,225▲26.5% | $3,956,309▲7.7% | $3,956,309▲7.7% | 990PF |
| 2017 | $229,758▲61.9% | $259,421▼6.3% | $3,674,072▼0.8% | $3,674,072▼0.8% | 990PF |
| 2016 | $141,947▼51.9% | $276,959▼7.9% | $3,703,734▼3.5% | $3,703,734▼3.5% | 990PF |
| 2015 | $295,013 | $300,599 | $3,838,743 | $3,838,743 | 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.
Similar organizations in Philanthropy
Compare Olive A Coates Charitable Tr
Frequently asked questions
- Is Olive A Coates Charitable Tr a legitimate nonprofit?
- Yes. Olive A Coates Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-6149204, based in Portland, Maine. Donations are tax-deductible.
- What is Olive A Coates Charitable Tr's EIN?
- Olive A Coates Charitable Tr's Employer Identification Number (EIN) is 01-6149204.
- How much revenue does Olive A Coates Charitable Tr report?
- Olive A Coates Charitable Tr reported $760,032 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Olive A Coates Charitable Tr have?
- CharityIndex grades Olive A Coates Charitable Tr C+, based on financial health (reserves and operating margin).
More nonprofits in Portland
Explore more
Data for Olive A Coates Charitable Tr (EIN 01-6149204) 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.