Bible Society Of Maine
Bible Society Of Maine reports $0 revenue and assets, indicating potential operational cessation after years of deficit spending.
EIN: 10211487 · Westbrook, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $66K |
| Program Spending | 80% |
| Net Assets | $242K |
| Transparency Score | 20/100 |
Is Bible Society Of Maine Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bible Society Of Maine directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bible Society Of Maine
Bible Society Of Maine (EIN: 10211487) is a nonprofit organization based in Westbrook, ME. 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 Bible Society Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bible Society Of Maine is a micro nonprofit that has been operating for 75 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of 53.7%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $66K |
| Surplus / Deficit | $-26,143 |
| Total Assets | $243K |
| Total Liabilities | $728 |
| Net Assets | $242K |
| Operating Margin | -65.6% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 44.1 months |
Financial Health Grade: B
In 2012, Bible Society Of Maine reported a deficit of $26K with expenses exceeding revenue, holds 44.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 2 years of filings (2011–2012), Bible Society Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 53.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | +53.7% | +12.9% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1951 |
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 Bible Society Of Maine with a Mission Score of 20 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: 80%
- fundraising: 5%
According to IRS 990 filings, Bible Society 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 (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization reported 0% officer compensation in both 2011 and 2012, indicating that no executive salaries were paid during those periods, which is commendable for an organization of its size and financial state.
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 Bible Society Of Maine's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential cessation of operations.
- Consistent deficit spending in prior periods (e.g., $26,143 deficit in 2012, $32,518 deficit in 2011).
- Significant decline in assets from $256,301 in 2011 to $0 currently reported.
- Lack of recent financial filings or activity, hindering current financial assessment.
Strengths
The following positive indicators were identified for Bible Society Of Maine:
- Reported 0% officer compensation in 2011 and 2012, indicating no executive salaries were paid during those periods.
Frequently Asked Questions about Bible Society Of Maine
Is Bible Society Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Bible Society Of Maine (EIN: 10211487) significant concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.
How does Bible Society Of Maine spend its money?
Bible Society Of Maine directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bible Society Of Maine tax-deductible?
Bible Society Of Maine is registered as a tax-exempt nonprofit (EIN: 10211487). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bible Society Of Maine's spending goes to programs?
Bible Society Of Maine directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bible Society Of Maine located?
Bible Society Of Maine is headquartered in Westbrook, Maine and files with the IRS under EIN 10211487.
How many years of IRS 990 filings does Bible Society Of Maine have?
Bible Society Of Maine has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Bible Society Of Maine still operational?
Based on the latest reported revenue and assets of $0, it is highly questionable whether the Bible Society Of Maine is still actively operational. The lack of recent filings or financial activity suggests it may have ceased operations.
Why did the organization consistently spend more than it earned?
In 2012, expenses ($65,986) exceeded revenue ($39,843) by $26,143, and in 2011, expenses ($58,445) exceeded revenue ($25,927) by $32,518. This consistent deficit spending likely contributed to the decline in assets from $256,301 in 2011 to $242,588 in 2012, and ultimately to the current reported $0 assets.
What happened to the organization's assets?
The organization's assets declined from $256,301 in 2011 to $242,588 in 2012. The latest report of $0 assets suggests that any remaining assets have been depleted or liquidated, likely to cover ongoing expenses or liabilities.
Filing History
IRS 990 filing history for Bible Society Of Maine showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Bible Society Of Maine's revenue has grown by 53.7%, moving from $26K to $40K. Total assets decreased by 5.4% over the same period, from $256K to $243K. Total functional expenses rose by 12.9%, from $58K to $66K. In its most recent filing year (2012), Bible Society Of Maine reported a deficit of $26K, with expenses exceeding revenue. The organization holds $728 in liabilities against $243K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $242K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $40K | $66K | $243K | $728 | — | View 990 |
| 2011 | $26K | $58K | $256K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bible Society Of Maine:
Data Sources and Methodology
This transparency report for Bible Society 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.