Central Maine Bible Conference

Central Maine Bible Conference maintains strong asset growth and zero officer compensation amidst fluctuating revenues.

EIN: 10274746 · Brooks, ME · NTEE: X21Z · Updated: 2026-03-28

$945KRevenue

$2.2MAssets

92/100Mission Score (Excellent)

X21Z

About Central Maine Bible Conference

Central Maine Bible Conference (EIN: 10274746) is a nonprofit organization based in Brooks, ME, classified under NTEE code X21Z. The organization reported total revenue of $945K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Maine Bible Conference's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Central Maine Bible Conference demonstrates a generally stable financial position with consistent revenue streams, though with some year-to-year fluctuations. For instance, revenue in 2020 reached a high of $1,274,312, while dipping to $382,608 in 2021 before rebounding. The organization consistently maintains a healthy asset base, growing from $489,145 in 2014 to $1,968,741 in 2023, indicating good financial stewardship and capacity. Liabilities have remained relatively low across most years, suggesting prudent financial management and minimal debt burden. The absence of reported officer compensation across all filings is a significant indicator of efficiency and a strong commitment to directing funds towards the mission, enhancing its transparency and public trust. The organization's spending efficiency appears strong, with expenses generally well below revenue, allowing for asset growth.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Central Maine Bible Conference with a Mission Score of 92 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Central Maine Bible Conference allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 no officers receive compensation from the organization. This is highly unusual for an organization of its size, with revenues often exceeding $500,000, and suggests a volunteer-led or very lean operational structure at the leadership level.

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 Central Maine Bible Conference's IRS 990 filings:

Significant year-over-year revenue fluctuations (e.g., $1.27M in 2020 to $382K in 2021) could indicate reliance on unpredictable funding sources.

Strengths

The following positive indicators were identified for Central Maine Bible Conference:

Consistent asset growth, increasing from $489,145 in 2014 to $1,968,741 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Generally low liabilities relative to assets, suggesting sound financial management.
Expenses consistently lower than revenue in most periods, contributing to financial stability and growth.

Frequently Asked Questions about Central Maine Bible Conference

Is Central Maine Bible Conference a good charity?

Based on the available IRS 990 data, Central Maine Bible Conference appears to be a well-managed organization. Key indicators include consistent asset growth, generally low liabilities, and notably, 0% officer compensation, which suggests a high dedication to its mission and efficient use of funds.

How has Central Maine Bible Conference's financial health changed over time?

The organization has shown significant financial growth, with assets increasing from $489,145 in 2014 to $1,968,741 in 2023. While revenue has fluctuated (e.g., $1,274,312 in 2020 vs. $382,608 in 2021), expenses have generally been well-controlled, leading to consistent net positive financial outcomes and asset accumulation.

What is the organization's approach to executive compensation?

Central Maine Bible Conference reports 0% officer compensation in all available filings, indicating that its leadership serves without direct financial compensation from the organization. This is a strong positive for financial efficiency and mission focus.

Filing History

IRS 990 filing history for Central Maine Bible Conference showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Central Maine Bible Conference's revenue has grown by 105.4%, moving from $355K to $729K. Total assets increased by 550.8% over the same period, from $303K to $2.0M. Total functional expenses rose by 41.4%, from $392K to $554K. In its most recent filing year (2023), Central Maine Bible Conference reported a surplus of $175K, with revenue exceeding expenses. The organization holds $4K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $2.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$729K	$554K	$2.0M	$4K	—	—
2022	$1.0M	$673K	$1.8M	$17K	—	View 990
2021	$383K	$522K	$1.5M	$25K	—	View 990
2020	$1.3M	$524K	$1.5M	$9K	—	View 990
2019	$673K	$807K	$762K	$97K	—	View 990
2018	$771K	$775K	$817K	$25K	—	View 990
2017	$676K	$532K	$820K	$25K	—	View 990
2016	$584K	$507K	$650K	$3K	—	View 990
2015	$525K	$436K	$575K	$3K	—	View 990
2014	$609K	$392K	$489K	$3K	—	View 990
2013	$414K	$438K	$281K	$5K	—	View 990
2012	$69K	$80K	$0	$0	—	View 990
2012	$418K	$338K	$318K	$10K	—	View 990
2011	$355K	$392K	$303K	$75K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $729K, expenses of $554K, and assets of $2.0M (revenue -27.2% year-over-year).
2022: Revenue of $1.0M, expenses of $673K, and assets of $1.8M (revenue +161.9% year-over-year).
2021: Revenue of $383K, expenses of $522K, and assets of $1.5M (revenue -70.0% year-over-year).
2020: Revenue of $1.3M, expenses of $524K, and assets of $1.5M (revenue +89.4% year-over-year).
2019: Revenue of $673K, expenses of $807K, and assets of $762K (revenue -12.8% year-over-year).
2018: Revenue of $771K, expenses of $775K, and assets of $817K (revenue +14.1% year-over-year).
2017: Revenue of $676K, expenses of $532K, and assets of $820K (revenue +15.7% year-over-year).
2016: Revenue of $584K, expenses of $507K, and assets of $650K (revenue +11.4% year-over-year).
2015: Revenue of $525K, expenses of $436K, and assets of $575K (revenue -13.9% year-over-year).
2014: Revenue of $609K, expenses of $392K, and assets of $489K (revenue +47.3% year-over-year).
2013: Revenue of $414K, expenses of $438K, and assets of $281K (revenue +502.1% year-over-year).
2012: Revenue of $69K, expenses of $80K, and assets of $0 (revenue -83.6% year-over-year).
2012: Revenue of $418K, expenses of $338K, and assets of $318K (revenue +17.8% year-over-year).
2011: Revenue of $355K, expenses of $392K, and assets of $303K.

Data Sources and Methodology

This transparency report for Central Maine Bible Conference 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.