Association Of Computer Technology Educators Of Maine
Association Of Computer Technology Educators Of Maine consistently operates with a surplus and zero executive compensation.
EIN: 10491710 · Gorham, ME · NTEE: B60Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $315K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $300,000 |
| Net Assets | $408K |
| Transparency Score | 95/100 |
Is Association Of Computer Technology Educators Of Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Computer Technology Educators Of Maine directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Computer Technology Educators Of Maine
Association Of Computer Technology Educators Of Maine (EIN: 10491710) is a nonprofit organization based in Gorham, ME, classified under NTEE code B60Z. The organization reported total revenue of $1.1M and total assets of $382K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Computer Technology Educators Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Computer Technology Educators Of Maine is a mid-size nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $315K |
| Surplus / Deficit | +$25K |
| Total Assets | $475K |
| Total Liabilities | $67K |
| Net Assets | $408K |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 18.1 months |
Financial Health Grade: A
In 2023, Association Of Computer Technology Educators Of Maine reported a surplus of $25K with revenue exceeding expenses, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Association Of Computer Technology Educators Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.3% | +29.8% | +10.1% |
| 2022 | -1.7% | +20.9% | -7.9% |
| 2021 | -7.6% | -20.3% | +30.9% |
| 2020 | -4.6% | -14.1% | -0.5% |
| 2019 | -10.7% | -2.4% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
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 Association Of Computer Technology Educators Of Maine with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Association Of Computer Technology Educators Of Maine allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $300,000 in annual revenue.
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 Association Of Computer Technology Educators Of Maine's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate conservative financial management or limited operational scale.
- Lack of detailed breakdown for program vs. administrative expenses in the provided data, making precise efficiency calculations difficult without full 990 access.
Strengths
The following positive indicators were identified for Association Of Computer Technology Educators Of Maine:
- Consistent financial surpluses in most years, indicating sound financial management (e.g., 2023: $339,711 revenue vs. $315,077 expenses).
- Zero reported officer compensation across all filings, suggesting a highly efficient and mission-focused use of funds.
- Healthy asset base relative to liabilities, demonstrating financial stability (e.g., 2023: $475,032 assets vs. $67,390 liabilities).
- Stable revenue streams over the past decade, indicating consistent support for its mission.
- Strong transparency with consistent IRS 990 filings.
Frequently Asked Questions about Association Of Computer Technology Educators Of Maine
Is Association Of Computer Technology Educators Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Computer Technology Educators Of Maine (EIN: 10491710) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Association Of Computer Technology Educators Of Maine spend its money?
Association Of Computer Technology Educators Of Maine directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Computer Technology Educators Of Maine tax-deductible?
Association Of Computer Technology Educators Of Maine is registered as a tax-exempt nonprofit (EIN: 10491710). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Association Of Computer Technology Educators Of Maine CEO make?
Association Of Computer Technology Educators Of Maine's highest-compensated officer earns $300,000 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Association Of Computer Technology Educators Of Maine compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Association Of Computer Technology Educators Of Maine is above average for NTEE category B60Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Association Of Computer Technology Educators Of Maine located?
Association Of Computer Technology Educators Of Maine is headquartered in Gorham, Maine and files with the IRS under EIN 10491710. It is classified under NTEE code B60Z.
How many years of IRS 990 filings does Association Of Computer Technology Educators Of Maine have?
Association Of Computer Technology Educators Of Maine has 12 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 $1.1M in total revenue.
Is ACTEM a good charity?
Based on its consistent financial health, zero reported executive compensation, and strong program focus, ACTEM appears to be a very good charity, effectively utilizing its resources for its mission.
How does ACTEM manage to operate without officer compensation?
The filings consistently show 0% officer compensation, suggesting that the organization's leadership may be entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is a rare and notable operational model.
What is ACTEM's financial trend?
ACTEM generally maintains a stable financial position, often operating with a surplus, as seen in 2023 ($339,711 revenue vs. $315,077 expenses) and 2021 ($236,261 revenue vs. $200,868 expenses), though some years show minor deficits like 2022 and 2019.
Filing History
IRS 990 filing history for Association Of Computer Technology Educators Of Maine showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Association Of Computer Technology Educators Of Maine's revenue has grown by 48.6%, moving from $229K to $340K. Total assets increased by 54.1% over the same period, from $308K to $475K. Total functional expenses rose by 26.8%, from $248K to $315K. In its most recent filing year (2023), Association Of Computer Technology Educators Of Maine reported a surplus of $25K, with revenue exceeding expenses. The organization holds $67K in liabilities against $475K in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $408K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $315K | $475K | $67K | — | View 990 |
| 2022 | $232K | $243K | $431K | $52K | — | View 990 |
| 2021 | $236K | $201K | $469K | $61K | — | View 990 |
| 2020 | $256K | $252K | $358K | $63K | — | View 990 |
| 2019 | $268K | $293K | $360K | $72K | — | View 990 |
| 2018 | $300K | $300K | $390K | $82K | — | View 990 |
| 2017 | $306K | $299K | $386K | $99K | — | View 990 |
| 2016 | $221K | $250K | $324K | $68K | — | View 990 |
| 2015 | $310K | $275K | $381K | $94K | — | View 990 |
| 2014 | $278K | $256K | $356K | $108K | — | View 990 |
| 2013 | $263K | $284K | $458K | $254K | — | View 990 |
| 2012 | $229K | $248K | $308K | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $315K, and assets of $475K (revenue +46.3% year-over-year).
- 2022: Revenue of $232K, expenses of $243K, and assets of $431K (revenue -1.7% year-over-year).
- 2021: Revenue of $236K, expenses of $201K, and assets of $469K (revenue -7.6% year-over-year).
- 2020: Revenue of $256K, expenses of $252K, and assets of $358K (revenue -4.6% year-over-year).
- 2019: Revenue of $268K, expenses of $293K, and assets of $360K (revenue -10.7% year-over-year).
- 2018: Revenue of $300K, expenses of $300K, and assets of $390K (revenue -2.1% year-over-year).
- 2017: Revenue of $306K, expenses of $299K, and assets of $386K (revenue +38.6% year-over-year).
- 2016: Revenue of $221K, expenses of $250K, and assets of $324K (revenue -28.7% year-over-year).
- 2015: Revenue of $310K, expenses of $275K, and assets of $381K (revenue +11.4% year-over-year).
- 2014: Revenue of $278K, expenses of $256K, and assets of $356K (revenue +5.9% year-over-year).
- 2013: Revenue of $263K, expenses of $284K, and assets of $458K (revenue +14.9% year-over-year).
- 2012: Revenue of $229K, expenses of $248K, and assets of $308K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Computer Technology Educators Of Maine:
Data Sources and Methodology
This transparency report for Association Of Computer Technology Educators 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.