American Council Of Engineering Companies Of Maine

American Council Of Engineering Companies Of Maine consistently manages finances with no reported officer compensation.

EIN: 10414899 · Raymond, ME · NTEE: S46 · Updated: 2026-03-28

$169KRevenue

$91KAssets

90/100Mission Score (Excellent)

S46

About American Council Of Engineering Companies Of Maine

American Council Of Engineering Companies Of Maine (EIN: 10414899) is a nonprofit organization based in Raymond, ME, classified under NTEE code S46. The organization reported total revenue of $169K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Council Of Engineering Companies Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The American Council Of Engineering Companies Of Maine demonstrates consistent financial management, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in the 202406 period, the organization reported revenue of $222,006 against expenses of $201,007, indicating a surplus. The organization's assets have shown steady growth, reaching $85,998 in the latest filing, which suggests prudent financial stewardship. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, enhancing its transparency and public trust.

While specific program spending details are not provided in the summary data, the overall financial health appears stable. The organization consistently maintains a healthy asset base relative to its annual revenue, providing a buffer for operations. The absence of officer compensation is a significant positive indicator of financial efficiency and transparency, as it implies that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for a nonprofit of this size.

Overall, the American Council Of Engineering Companies Of Maine appears to be a financially sound and transparent organization. Its consistent financial reporting, growth in assets, and lack of reported officer compensation contribute to a positive assessment of its financial health and operational integrity. The organization's ability to manage expenses effectively while growing its asset base suggests a well-managed entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Council Of Engineering Companies Of Maine with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, American Council Of Engineering Companies Of Maine allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not classified as officer compensation, which is highly favorable for a nonprofit of this size.

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.

Strengths

The following positive indicators were identified for American Council Of Engineering Companies Of Maine:

Consistent financial surpluses or near-balanced budgets (e.g., 202406: Revenue $222,006, Expenses $201,007).
Zero reported officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
Steady growth in assets over the past decade, from $42,349 in 201506 to $85,998 in 202406.
Low liabilities relative to assets (e.g., 202406: Liabilities $8,150 vs. Assets $85,998), indicating strong financial health.

Frequently Asked Questions about American Council Of Engineering Companies Of Maine

Is American Council Of Engineering Companies Of Maine a good charity?

Based on the available financial data, the American Council Of Engineering Companies Of Maine appears to be a well-managed and transparent organization. Its consistent financial health, growth in assets, and lack of reported officer compensation are strong positive indicators.

How does American Council Of Engineering Companies Of Maine manage its expenses?

The organization consistently manages its expenses to be in line with or slightly below its revenues, as seen in the 202406 period where expenses were $201,007 against revenues of $222,006. This indicates effective cost control.

What is the trend in American Council Of Engineering Companies Of Maine's assets?

The organization's assets have shown a positive growth trend over the past decade, increasing from $42,349 in 201506 to $85,998 in 202406, demonstrating financial stability and accumulation of resources.

Filing History

IRS 990 filing history for American Council Of Engineering Companies Of Maine showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2013–2024), American Council Of Engineering Companies Of Maine's revenue has grown by 126.1%, moving from $98K to $222K. Total assets increased by 82.4% over the same period, from $47K to $86K. Total functional expenses rose by 83%, from $110K to $201K. In its most recent filing year (2024), American Council Of Engineering Companies Of Maine reported a surplus of $21K, with revenue exceeding expenses. The organization holds $8K in liabilities against $86K in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $78K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$222K	$201K	$86K	$8K	—	—
2023	$132K	$131K	$72K	$8K	—	—
2022	$122K	$123K	$56K	$0	—	View 990
2021	$112K	$116K	$58K	$585	—	View 990
2020	$125K	$123K	$69K	$8K	—	View 990
2019	$129K	$125K	$59K	$0	—	View 990
2018	$127K	$122K	$59K	$4K	—	View 990
2017	$124K	$122K	$57K	$6K	—	View 990
2016	$120K	$113K	$53K	$4K	—	View 990
2015	$113K	$111K	$42K	$0	—	View 990
2014	$109K	$110K	$44K	$5K	—	View 990
2013	$98K	$110K	$47K	$6K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $222K, expenses of $201K, and assets of $86K (revenue +68.8% year-over-year).
2023: Revenue of $132K, expenses of $131K, and assets of $72K (revenue +8.0% year-over-year).
2022: Revenue of $122K, expenses of $123K, and assets of $56K (revenue +8.7% year-over-year).
2021: Revenue of $112K, expenses of $116K, and assets of $58K (revenue -10.5% year-over-year).
2020: Revenue of $125K, expenses of $123K, and assets of $69K (revenue -2.7% year-over-year).
2019: Revenue of $129K, expenses of $125K, and assets of $59K (revenue +1.8% year-over-year).
2018: Revenue of $127K, expenses of $122K, and assets of $59K (revenue +2.4% year-over-year).
2017: Revenue of $124K, expenses of $122K, and assets of $57K (revenue +3.2% year-over-year).
2016: Revenue of $120K, expenses of $113K, and assets of $53K (revenue +5.7% year-over-year).
2015: Revenue of $113K, expenses of $111K, and assets of $42K (revenue +4.1% year-over-year).
2014: Revenue of $109K, expenses of $110K, and assets of $44K (revenue +10.8% year-over-year).
2013: Revenue of $98K, expenses of $110K, and assets of $47K.

Data Sources and Methodology

This transparency report for American Council Of Engineering Companies Of Maine 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.