Is Maine Education Association Retired Legit?

Maine Education Association Retired demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. The organization's assets have shown growth, increasing from $73,049 in 2019 to $132,015 in 2023, indicating a stable financial position. A notable aspect is the consistent reporting of zero liabilities across all available filings, suggesting strong financial management and a lack of debt. However, the 2023 period shows expenses ($122,062) exceeding revenue ($109,767), which, if it becomes a trend, could impact long-term sustainability. The absence of officer compensation reported across all filings points to a volunteer-driven leadership, which can be a positive for donor confidence regarding administrative costs.