Associated General Contractors Of Maine
Associated General Contractors Of Maine shows consistent revenue growth and strong asset accumulation over the past five years.
EIN: 10275734 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| Net Assets | $792K |
| Transparency Score | 85/100 |
Is Associated General Contractors Of Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Associated General Contractors Of Maine directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Associated General Contractors Of Maine
Associated General Contractors Of Maine (EIN: 10275734) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $1.9M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Associated General Contractors Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Associated General Contractors Of Maine is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$136K |
| Total Assets | $1.4M |
| Total Liabilities | $644K |
| Net Assets | $792K |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 44.8% |
| Months of Reserves | 10.0 months |
Financial Health Grade: A
In 2023, Associated General Contractors Of Maine reported a surplus of $136K with revenue exceeding expenses, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 44.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Associated General Contractors Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +80.9% | +77.8% | +43.8% |
| 2022 | +17.9% | +19.3% | +20.3% |
| 2021 | +32.7% | +33.6% | +16.9% |
| 2020 | -18.6% | -20.2% | +4.3% |
| 2019 | -5.9% | +1.5% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Associated General Contractors Of Maine with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Associated General Contractors Of Maine allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $136K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue. This could indicate that executive compensation is either not paid, paid by a related entity, or categorized under other expense lines, warranting further investigation for complete transparency.
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 Associated General Contractors Of Maine's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this size and could indicate a lack of transparency in compensation reporting or an unusual operational structure.
Strengths
The following positive indicators were identified for Associated General Contractors Of Maine:
- Strong and consistent revenue growth, with revenue nearly doubling from 2022 to 2023 ($1,030,438 to $1,864,110).
- Healthy asset accumulation, with assets growing from $998,540 in 2022 to $1,435,427 in 2023, indicating financial stability.
- Consistent operational surpluses, as expenses generally remain below revenue, allowing for reinvestment and asset growth.
- Low liabilities relative to assets, with liabilities of $643,692 against assets of $1,435,427 in 2023, suggesting good financial health.
Frequently Asked Questions about Associated General Contractors Of Maine
Is Associated General Contractors Of Maine a legitimate charity?
Associated General Contractors Of Maine (EIN: 10275734) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Associated General Contractors Of Maine spend its money?
Associated General Contractors Of Maine directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Associated General Contractors Of Maine tax-deductible?
Associated General Contractors Of Maine is registered as a tax-exempt nonprofit (EIN: 10275734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Associated General Contractors Of Maine's spending goes to programs?
Associated General Contractors Of Maine directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Associated General Contractors Of Maine located?
Associated General Contractors Of Maine is headquartered in Augusta, Maine and files with the IRS under EIN 10275734.
How many years of IRS 990 filings does Associated General Contractors Of Maine have?
Associated General Contractors Of Maine has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
How does Associated General Contractors Of Maine manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is unusual for an organization with annual revenues exceeding $1.8 million. This could mean that compensation is paid through a related entity, classified under other expense categories, or that the organization relies heavily on volunteer leadership. Further detail from the full IRS 990 filing would be needed to understand this structure.
What is the primary driver of the significant revenue increase from $1,030,438 in 2022 to $1,864,110 in 2023?
The IRS 990 summary data does not specify the exact sources of revenue. A detailed look at Schedule A and Schedule G of the full 990 form for 2023 would be necessary to identify the specific revenue streams (e.g., membership dues, program service revenue, contributions) that contributed to this substantial increase.
What are the specific program services provided by Associated General Contractors Of Maine?
The NTEE code is unknown, and the provided financial summary does not detail program services. To understand the specific programs, one would need to review Part III, Statement of Program Service Accomplishments, in the full IRS 990 filing.
Filing History
IRS 990 filing history for Associated General Contractors Of Maine showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Associated General Contractors Of Maine's revenue has grown by 178.3%, moving from $670K to $1.9M. Total assets increased by 271.1% over the same period, from $387K to $1.4M. Total functional expenses rose by 141.8%, from $715K to $1.7M. In its most recent filing year (2023), Associated General Contractors Of Maine reported a surplus of $136K, with revenue exceeding expenses. The organization holds $644K in liabilities against $1.4M in assets (debt-to-asset ratio: 44.8%), resulting in net assets of $792K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.7M | $1.4M | $644K | — | — |
| 2022 | $1.0M | $972K | $999K | $340K | — | View 990 |
| 2021 | $874K | $815K | $830K | $239K | — | View 990 |
| 2020 | $659K | $610K | $710K | $178K | — | — |
| 2019 | $809K | $764K | $681K | $198K | — | View 990 |
| 2018 | $860K | $753K | $545K | $107K | — | View 990 |
| 2017 | $731K | $582K | $434K | $104K | — | — |
| 2016 | $793K | $717K | $384K | $203K | — | View 990 |
| 2015 | $694K | $775K | $374K | $171K | — | View 990 |
| 2014 | $711K | $735K | $345K | $60K | — | View 990 |
| 2013 | $716K | $781K | $383K | $73K | — | View 990 |
| 2012 | $703K | $688K | $385K | $10K | — | View 990 |
| 2011 | $670K | $715K | $387K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.7M, and assets of $1.4M (revenue +80.9% year-over-year).
- 2022: Revenue of $1.0M, expenses of $972K, and assets of $999K (revenue +17.9% year-over-year).
- 2021: Revenue of $874K, expenses of $815K, and assets of $830K (revenue +32.7% year-over-year).
- 2020: Revenue of $659K, expenses of $610K, and assets of $710K (revenue -18.6% year-over-year).
- 2019: Revenue of $809K, expenses of $764K, and assets of $681K (revenue -5.9% year-over-year).
- 2018: Revenue of $860K, expenses of $753K, and assets of $545K (revenue +17.7% year-over-year).
- 2017: Revenue of $731K, expenses of $582K, and assets of $434K (revenue -7.9% year-over-year).
- 2016: Revenue of $793K, expenses of $717K, and assets of $384K (revenue +14.3% year-over-year).
- 2015: Revenue of $694K, expenses of $775K, and assets of $374K (revenue -2.4% year-over-year).
- 2014: Revenue of $711K, expenses of $735K, and assets of $345K (revenue -0.7% year-over-year).
- 2013: Revenue of $716K, expenses of $781K, and assets of $383K (revenue +1.9% year-over-year).
- 2012: Revenue of $703K, expenses of $688K, and assets of $385K (revenue +4.9% year-over-year).
- 2011: Revenue of $670K, expenses of $715K, and assets of $387K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Associated General Contractors Of Maine:
Data Sources and Methodology
This transparency report for Associated General Contractors 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.