Is Maine Chapter Of American College Of Surgeons Legit?

The Maine Chapter Of American College Of Surgeons appears to be a very small, volunteer-run organization, as indicated by its consistently low revenue and expenses, and 0% officer compensation in both reported periods. Its financial health is stable but extremely modest, with assets of $24,024 in 2021 and $28,116 in 2020, and minimal liabilities. The organization consistently spent slightly more than it brought in during both periods, with expenses of $19,868 against $16,526 revenue in 2021, and $15,298 against $13,089 revenue in 2020. This suggests a reliance on prior year reserves or small fluctuations in annual funding. Given the lack of reported officer compensation, the organization demonstrates a high degree of financial efficiency in terms of personnel costs, and its transparency is good with available 990 filings.