Time to Compete Inc
Nonprofit profile at a glance
- EIN
- 934570577
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Yarmouth, ME, USA
- Phone
- 2078074329
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Patient Services - Entertainment, Recreation
Reported finances
- Revenue
- $107,660
- Expenses
- $26,334
- Assets
- $226,771
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- Kendall Harnett (Chair)
- Deanna Harnett (Treasurer)
- Jonny Torres (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing support to young adult cancer patients.
What it reported doing in 2025
Care Bag Program - Provided care bags to cancer patients in Maine with financial support and other sundries for comfort and use.
Operating model
- Revenue model
- Donor-supported. 70% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 82
- Sustainability: 82
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.6%; rating input score 12
- Program expense ratio: 36.1%; rating input score 36
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 75.5%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 8.61; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 48.9% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: -44.4% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 43.7% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 11.6% of revenue deployed · 36.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $9K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 12/100.
- Moderate — Financial Efficiency: Program expense ratio scored 36/100.
- High — Growth: Revenue growth scored 0/100.