Is Maine State Florists And Growers Association Legit?

The Maine State Florists And Growers Association demonstrates a consistent pattern of low revenue and expenses, typical for a small, member-based organization. In 2020, the organization reported revenue of $3,075 against expenses of $116, indicating a significant surplus for the year. While this suggests strong financial management for that specific period, the overall trend shows fluctuating revenue, with a notable decrease from $19,923 in 2018 to $3,075 in 2020. The organization consistently reports zero liabilities and zero officer compensation across all available filings, which speaks to a lean operational structure and good financial hygiene regarding debt and executive pay. Given its small scale and NTEE code (C42 - Business & Professional Associations), the financial health appears stable within its operational scope, maintaining assets around $10,000-$20,000 over the decade. The lack of officer compensation suggests that leadership is likely volunteer-based, contributing to low administrative costs. The primary challenge appears to be the variability and recent decline in revenue, which could impact its ability to fund programs or services for its members if this trend continues. However, the very low expenses in 2020 (only $116) suggest that the organization is capable of significantly scaling back operations when revenue is low, maintaining solvency.