Boys & Girls Clubs Of Southern Maine
Boys & Girls Clubs Of Southern Maine shows strong asset growth but recent revenue volatility and a 2023 operating deficit.
EIN: 10211543 · Portland, ME · NTEE: O210 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.6M |
| Total Expenses | $4.8M |
| Program Spending | 75% |
| Net Assets | $20.0M |
| Transparency Score | 78/100 |
Is Boys & Girls Clubs Of Southern Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boys & Girls Clubs Of Southern Maine directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys & Girls Clubs Of Southern Maine
Boys & Girls Clubs Of Southern Maine (EIN: 10211543) is a nonprofit organization based in Portland, ME, classified under NTEE code O210. The organization reported total revenue of $10.6M and total assets of $27.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys & Girls Clubs Of Southern Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys & Girls Clubs Of Southern Maine is a large nonprofit that has been operating for 100 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $4.8M |
| Surplus / Deficit | $-2,074,553 |
| Total Assets | $20.8M |
| Total Liabilities | $794K |
| Net Assets | $20.0M |
| Operating Margin | -76.2% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 52.0 months |
Financial Health Grade: B
In 2023, Boys & Girls Clubs Of Southern Maine reported a deficit of $2.1M with expenses exceeding revenue, holds 52.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boys & Girls Clubs Of Southern Maine's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.8% | +31.9% | -3.0% |
| 2022 | +25.7% | +11.3% | -3.1% |
| 2021 | +67.5% | +15.5% | +24.5% |
| 2020 | +32.3% | +5.8% | +2.2% |
| 2019 | +1.3% | +9.0% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1926 |
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 Boys & Girls Clubs Of Southern Maine with a Mission Score of 78 out of 100 (Good). 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, Boys & Girls Clubs Of Southern Maine 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.8%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings suggests that executive salaries are either very low, not individually reported as officer compensation, or are covered by other expense categories. This indicates a potentially efficient use of funds regarding top leadership pay relative to the organization's size and assets.
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 Boys & Girls Clubs Of Southern Maine's IRS 990 filings:
- Significant operating deficit in 2023 ($2,074,553, as expenses of $4,795,364 exceeded revenue of $2,720,811).
- Revenue volatility, with a large increase in 2022 followed by a substantial decrease in 2023.
Strengths
The following positive indicators were identified for Boys & Girls Clubs Of Southern Maine:
- Consistent and substantial asset growth over the past decade, from $16.7 million to $27.1 million.
- Reported 0% officer compensation across all filings, indicating efficient executive pay or strong volunteer leadership.
- Long history of IRS 990 filings (13 filings), suggesting transparency and compliance.
- Strong revenue performance in 2022 ($6,775,684), demonstrating capacity for significant fundraising.
Frequently Asked Questions about Boys & Girls Clubs Of Southern Maine
Is Boys & Girls Clubs Of Southern Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys & Girls Clubs Of Southern Maine (EIN: 10211543) some concerns. Mission Score: 78/100. 2 red flags identified, 4 strengths noted.
How does Boys & Girls Clubs Of Southern Maine spend its money?
Boys & Girls Clubs Of Southern Maine directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boys & Girls Clubs Of Southern Maine tax-deductible?
Boys & Girls Clubs Of Southern Maine is registered as a tax-exempt nonprofit (EIN: 10211543). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boys & Girls Clubs Of Southern Maine's spending goes to programs?
Boys & Girls Clubs Of Southern Maine directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boys & Girls Clubs Of Southern Maine compare to similar nonprofits?
With a transparency score of 78/100 (Good), Boys & Girls Clubs Of Southern Maine is above average for NTEE category O210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boys & Girls Clubs Of Southern Maine located?
Boys & Girls Clubs Of Southern Maine is headquartered in Portland, Maine and files with the IRS under EIN 10211543. It is classified under NTEE code O210.
How many years of IRS 990 filings does Boys & Girls Clubs Of Southern Maine have?
Boys & Girls Clubs Of Southern 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 $10.6M in total revenue.
Is Boys & Girls Clubs Of Southern Maine a good charity?
Based on the available data, the organization demonstrates strong asset growth and a consistent mission focus. While there was a significant operating deficit in 2023, this followed a strong surplus in 2022, suggesting potential project-based spending or timing differences. The reported 0% officer compensation is a positive indicator of efficient leadership spending.
Why did expenses exceed revenue in 2023?
In the 2023 fiscal period, Boys & Girls Clubs Of Southern Maine reported expenses of $4,795,364 against revenues of $2,720,811. This could be due to several factors, such as significant capital expenditures, timing of grant receipts, or strategic investments that drew down reserves. A detailed functional expense statement would provide more clarity.
What is the trend in the organization's assets?
The organization's assets have shown consistent and substantial growth, increasing from $16,702,601 in 2014 to $27,112,635 currently. This indicates strong financial stewardship and accumulation of resources over time.
Filing History
IRS 990 filing history for Boys & Girls Clubs Of Southern Maine showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boys & Girls Clubs Of Southern Maine's revenue has grown by 36.6%, moving from $2.0M to $2.7M. Total assets increased by 44.7% over the same period, from $14.3M to $20.8M. Total functional expenses rose by 154.5%, from $1.9M to $4.8M. In its most recent filing year (2023), Boys & Girls Clubs Of Southern Maine reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $794K in liabilities against $20.8M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $20.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $4.8M | $20.8M | $794K | — | — |
| 2022 | $6.8M | $3.6M | $21.4M | $654K | — | View 990 |
| 2021 | $5.4M | $3.3M | $22.1M | $622K | — | View 990 |
| 2020 | $3.2M | $2.8M | $17.7M | $462K | — | View 990 |
| 2019 | $2.4M | $2.7M | $17.4M | $178K | — | View 990 |
| 2018 | $2.4M | $2.5M | $17.3M | $24K | — | View 990 |
| 2017 | $2.1M | $2.4M | $16.9M | $0 | — | View 990 |
| 2016 | $2.3M | $2.3M | $16.4M | $0 | — | View 990 |
| 2015 | $3.1M | $2.2M | $16.8M | $423 | — | View 990 |
| 2014 | $3.3M | $2.1M | $16.7M | $0 | — | View 990 |
| 2013 | $2.3M | $2.0M | $14.6M | $0 | — | View 990 |
| 2012 | $2.1M | $2.0M | $14.0M | $58K | — | View 990 |
| 2011 | $2.0M | $1.9M | $14.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $4.8M, and assets of $20.8M (revenue -59.8% year-over-year).
- 2022: Revenue of $6.8M, expenses of $3.6M, and assets of $21.4M (revenue +25.7% year-over-year).
- 2021: Revenue of $5.4M, expenses of $3.3M, and assets of $22.1M (revenue +67.5% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.8M, and assets of $17.7M (revenue +32.3% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.7M, and assets of $17.4M (revenue +1.3% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.5M, and assets of $17.3M (revenue +12.5% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.4M, and assets of $16.9M (revenue -6.2% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $16.4M (revenue -26.8% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.2M, and assets of $16.8M (revenue -5.3% year-over-year).
- 2014: Revenue of $3.3M, expenses of $2.1M, and assets of $16.7M (revenue +45.7% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.0M, and assets of $14.6M (revenue +5.2% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.0M, and assets of $14.0M (revenue +7.6% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $14.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boys & Girls Clubs Of Southern Maine:
Data Sources and Methodology
This transparency report for Boys & Girls Clubs Of Southern 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.