AI Transparency Report
The Maine Medical Association demonstrates generally sound financial health, with recent filings showing consistent revenue growth and positive net assets. In 2023, the organization reported revenues of $4,168,820 against expenses of $4,040,064, indicating a surplus for the year. This trend of revenue exceeding expenses is largely consistent across recent years, contributing to a healthy asset base of $2,582,249 in 2023. The organization's spending efficiency appears reasonable, though a detailed functional expense breakdown (program, administrative, fundraising) is not provided in the summary data, making a precise assessment challenging. However, the absence of reported officer compensation suggests a commitment to minimizing overhead in that specific area. Transparency is generally good, with 14 years of publicly available 990 filings, though the lack of NTEE code information is a minor detractor.