Is Maine School Nutition Association Legit?

The Maine School Nutrition Association demonstrates a generally stable financial position, with assets consistently exceeding liabilities (which are reported as $0 across all available filings). Revenue has fluctuated over the years, ranging from a low of $36,442 in 2021 to a high of $185,461 in 2019, indicating some variability in funding or activity levels. In the most recent period (202307), the organization reported revenue of $132,696 against expenses of $95,124, resulting in a surplus that contributed to an increase in assets to $171,545. This trend of managing expenses below revenue in recent years (2021, 2023) suggests prudent financial management after periods of deficit spending (2015, 2016, 2020, 2022). The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, indicating adherence to reporting requirements. A key positive aspect is the reported 0% officer compensation across all available periods, which suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially indicating a high dedication to mission over personal gain. Without detailed expense breakdowns (program, administrative, fundraising) from the 990s, a precise assessment of spending efficiency is challenging, but the overall financial health appears sound given the asset growth and lack of liabilities.