Is Maine Alternative Agriculture Association Legit?
Quick charity verification for Maine Alternative Agriculture Association (EIN: 10531368)
Verdict: Maine Alternative Agriculture Association shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths
Red Flags
Zero revenue reported in recent years (2021, 2022), indicating a lack of public support or active fundraising.
Extremely low expenses ($655 in 2022, $527 in 2021) suggest minimal to no programmatic activity.
Significant assets (around $280,000) are not being actively deployed or utilized given the lack of operational spending.
Strengths
Consistent filing of IRS 990 forms, demonstrating transparency.
0% officer compensation across all filings, indicating a volunteer-led structure and efficient use of any funds for administration.
Maintains a stable asset base, which could potentially be leveraged for future initiatives.
AI Transparency Report
The Maine Alternative Agriculture Association appears to be a very small organization, possibly dormant or operating with minimal activity, based on its recent IRS 990 filings. For the past two fiscal periods (2021 and 2022), the organization reported $0 in revenue and very low expenses ($527 in 2021 and $655 in 2022). Despite minimal operational activity, the organization consistently holds significant assets, around $280,000, with a stable liability of approximately $11,000 in recent years. This suggests the organization may be holding assets for future use or is primarily an asset-holding entity rather than an active program-delivery one.
The lack of reported revenue and very low expenses make it difficult to assess spending efficiency in a traditional sense, as there's little operational spending to analyze. The organization consistently reports 0% officer compensation, indicating a volunteer-led structure or no paid executives. Transparency is generally good as they file their 990s, but the minimal financial activity raises questions about their current programmatic impact.