Amc Maine Woods Inc
Amc Maine Woods Inc consistently operates at a deficit with significant liabilities exceeding assets.
EIN: 202034674 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.5M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $-12,398,983 |
| Transparency Score | 30/100 |
Is Amc Maine Woods Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amc Maine Woods Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amc Maine Woods Inc
Amc Maine Woods Inc (EIN: 202034674) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amc Maine Woods Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amc Maine Woods Inc is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 45.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-167,965 |
| Total Assets | $8.9M |
| Total Liabilities | $21.3M |
| Net Assets | $-12,398,983 |
| Operating Margin | -12.5% |
| Debt-to-Asset Ratio | 239.1% |
| Months of Reserves | 70.6 months |
Financial Health Grade: C
In 2014, Amc Maine Woods Inc reported a deficit of $168K with expenses exceeding revenue, holds 70.6 months of operating reserves (strong position), has a debt-to-asset ratio of 239.1% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Amc Maine Woods Inc's revenue has grown at a compound annual growth rate (CAGR) of 45.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +100.2% | +14.4% | -1.0% |
| 2013 | +14.0% | -11.0% | +4.2% |
| 2012 | +36.0% | -67.3% | +3.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amc Maine Woods Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Amc Maine Woods Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $168K, with expenses exceeding revenue.
- Debt-to-asset ratio: 239.1%.
Executive Compensation Analysis
No officer compensation was reported in any of the available filings (2011-2014), which is unusual for an organization with expenses exceeding $1 million annually and could indicate a volunteer executive team or that compensation is categorized differently.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Amc Maine Woods Inc's IRS 990 filings:
- Consistent operating deficits across all reported periods (e.g., $1,514,900 expenses vs. $1,346,935 revenue in 2014).
- Significant liabilities far exceeding assets ($21,313,462 liabilities vs. $8,914,479 assets in 2014).
- Negative net assets, indicating a precarious financial position.
- Lack of reported officer compensation, which could obscure executive costs or indicate reliance on unpaid leadership.
Strengths
The following positive indicators were identified for Amc Maine Woods Inc:
- Potential for strong program focus, assuming the majority of expenses are program-related, though specific breakdown is not provided in the summary data.
Frequently Asked Questions about Amc Maine Woods Inc
Is Amc Maine Woods Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Amc Maine Woods Inc (EIN: 202034674) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
How does Amc Maine Woods Inc spend its money?
Amc Maine Woods Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Amc Maine Woods Inc tax-deductible?
Amc Maine Woods Inc is registered as a tax-exempt nonprofit (EIN: 202034674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Amc Maine Woods Inc CEO make?
Amc Maine Woods Inc's highest-compensated officer earns $1 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Amc Maine Woods Inc's spending goes to programs?
Amc Maine Woods Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Amc Maine Woods Inc located?
Amc Maine Woods Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 202034674.
How many years of IRS 990 filings does Amc Maine Woods Inc have?
Amc Maine Woods Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
How does Amc Maine Woods Inc cover its consistent operating deficits?
The filings consistently show expenses exceeding revenue, suggesting the organization relies on drawing down assets, incurring debt, or receiving significant non-cash contributions not fully reflected in revenue figures to cover its operational costs.
What is the nature of the substantial liabilities reported by the organization?
With liabilities reaching over $21 million in 2014 against assets of less than $9 million, understanding the composition of these liabilities (e.g., mortgages, program-related investments, or other debt) is crucial for assessing financial risk.
Why is no officer compensation reported across all filing periods?
The absence of reported officer compensation could mean the executive leadership is entirely volunteer-based, or that compensation is reported under a different line item, which impacts the assessment of administrative efficiency and transparency.
Filing History
IRS 990 filing history for Amc Maine Woods Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Amc Maine Woods Inc's revenue has grown by 210.4%, moving from $434K to $1.3M. Total assets increased by 6.9% over the same period, from $8.3M to $8.9M. Total functional expenses fell by 66.7%, from $4.5M to $1.5M. In its most recent filing year (2014), Amc Maine Woods Inc reported a deficit of $168K, with expenses exceeding revenue. The organization holds $21.3M in liabilities against $8.9M in assets (debt-to-asset ratio: 239.1%), resulting in net assets of $-12,398,983.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $1.3M | $1.5M | $8.9M | $21.3M | — | View 990 |
| 2013 | $673K | $1.3M | $9.0M | $21.2M | — | View 990 |
| 2012 | $590K | $1.5M | $8.6M | $20.2M | — | View 990 |
| 2011 | $434K | $4.5M | $8.3M | $19.0M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $1.3M, expenses of $1.5M, and assets of $8.9M (revenue +100.2% year-over-year).
- 2013: Revenue of $673K, expenses of $1.3M, and assets of $9.0M (revenue +14.0% year-over-year).
- 2012: Revenue of $590K, expenses of $1.5M, and assets of $8.6M (revenue +36.0% year-over-year).
- 2011: Revenue of $434K, expenses of $4.5M, and assets of $8.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amc Maine Woods Inc:
Data Sources and Methodology
This transparency report for Amc Maine Woods Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.