Eastern Maine Conservation Initiative
Eastern Maine Conservation Initiative consistently grows assets with no liabilities and zero officer compensation.
EIN: 10502883 · Portland, ME · NTEE: D050 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $94K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $518K |
| Transparency Score | 92/100 |
Is Eastern Maine Conservation Initiative Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastern Maine Conservation Initiative directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastern Maine Conservation Initiative
Eastern Maine Conservation Initiative (EIN: 10502883) is a nonprofit organization based in Portland, ME, classified under NTEE code D050. The organization reported total revenue of $308K and total assets of $593K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Maine Conservation Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern Maine Conservation Initiative is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $94K |
| Surplus / Deficit | +$37K |
| Total Assets | $518K |
| Net Assets | $518K |
| Operating Margin | 28.2% |
| Months of Reserves | 66.0 months |
Financial Health Grade: A
In 2023, Eastern Maine Conservation Initiative reported a surplus of $37K with revenue exceeding expenses, holds 66.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Eastern Maine Conservation Initiative's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.6% | +84.3% | +12.9% |
| 2022 | -16.3% | +34.0% | -10.4% |
| 2021 | +33.5% | +13.2% | +23.4% |
| 2020 | +58.1% | +23.9% | +14.6% |
| 2019 | -45.1% | -23.9% | +19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Eastern Maine Conservation Initiative 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, Eastern Maine Conservation Initiative 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is highly efficient for an organization of its size with assets growing to over $500,000.
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.
Strengths
The following positive indicators were identified for Eastern Maine Conservation Initiative:
- Consistent asset growth, from $173,900 in 2014 to $518,314 in 2023.
- Zero reported liabilities across all 13 filings, indicating strong financial management.
- 0% officer compensation reported, suggesting high efficiency and dedication of resources to mission.
- Consistent operating surpluses, with revenue exceeding expenses in nearly all periods.
- Strong transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Eastern Maine Conservation Initiative
Is Eastern Maine Conservation Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Maine Conservation Initiative (EIN: 10502883) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Eastern Maine Conservation Initiative spend its money?
Eastern Maine Conservation Initiative directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eastern Maine Conservation Initiative tax-deductible?
Eastern Maine Conservation Initiative is registered as a tax-exempt nonprofit (EIN: 10502883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eastern Maine Conservation Initiative CEO make?
Eastern Maine Conservation Initiative's highest-compensated officer earns $500,000. annually. The organization reported $308K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Eastern Maine Conservation Initiative's spending goes to programs?
Eastern Maine Conservation Initiative directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eastern Maine Conservation Initiative compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Eastern Maine Conservation Initiative is above average for NTEE category D050 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eastern Maine Conservation Initiative located?
Eastern Maine Conservation Initiative is headquartered in Portland, Maine and files with the IRS under EIN 10502883. It is classified under NTEE code D050.
How many years of IRS 990 filings does Eastern Maine Conservation Initiative have?
Eastern Maine Conservation Initiative 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 $308K in total revenue.
Is Eastern Maine Conservation Initiative a good charity?
Based on the provided financial data, Eastern Maine Conservation Initiative appears to be a very good charity. It consistently operates with a surplus, has no liabilities, and reports 0% officer compensation, indicating strong financial health and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have grown from $173,900 in 2014 to $518,314 in 2023, and it has consistently maintained a positive net income (revenue exceeding expenses) and zero liabilities.
What is the trend in revenue and expenses?
Both revenue and expenses have generally increased over the years, with revenue consistently outpacing expenses. For example, in 2023, revenue was $131,256 against expenses of $94,261, continuing a trend of healthy surpluses.
Filing History
IRS 990 filing history for Eastern Maine Conservation Initiative showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastern Maine Conservation Initiative's revenue has grown by 324%, moving from $31K to $131K. Total assets increased by 203% over the same period, from $171K to $518K. Total functional expenses rose by 572.2%, from $14K to $94K. In its most recent filing year (2023), Eastern Maine Conservation Initiative reported a surplus of $37K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $94K | $518K | $0 | — | — |
| 2022 | $72K | $51K | $459K | $0 | — | — |
| 2021 | $85K | $38K | $513K | $0 | — | View 990 |
| 2020 | $64K | $34K | $415K | $0 | — | — |
| 2019 | $40K | $27K | $363K | $0 | — | View 990 |
| 2018 | $74K | $36K | $304K | $0 | — | View 990 |
| 2017 | $39K | $19K | $222K | $0 | — | — |
| 2016 | $32K | $28K | $202K | $0 | — | View 990 |
| 2015 | $48K | $23K | $198K | $0 | — | View 990 |
| 2014 | $13K | $21K | $174K | $0 | — | View 990 |
| 2013 | $26K | $13K | $187K | $0 | — | View 990 |
| 2012 | $21K | $18K | $174K | $216 | — | View 990 |
| 2011 | $31K | $14K | $171K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $94K, and assets of $518K (revenue +83.6% year-over-year).
- 2022: Revenue of $72K, expenses of $51K, and assets of $459K (revenue -16.3% year-over-year).
- 2021: Revenue of $85K, expenses of $38K, and assets of $513K (revenue +33.5% year-over-year).
- 2020: Revenue of $64K, expenses of $34K, and assets of $415K (revenue +58.1% year-over-year).
- 2019: Revenue of $40K, expenses of $27K, and assets of $363K (revenue -45.1% year-over-year).
- 2018: Revenue of $74K, expenses of $36K, and assets of $304K (revenue +87.0% year-over-year).
- 2017: Revenue of $39K, expenses of $19K, and assets of $222K (revenue +24.8% year-over-year).
- 2016: Revenue of $32K, expenses of $28K, and assets of $202K (revenue -33.6% year-over-year).
- 2015: Revenue of $48K, expenses of $23K, and assets of $198K (revenue +260.5% year-over-year).
- 2014: Revenue of $13K, expenses of $21K, and assets of $174K (revenue -49.0% year-over-year).
- 2013: Revenue of $26K, expenses of $13K, and assets of $187K (revenue +23.7% year-over-year).
- 2012: Revenue of $21K, expenses of $18K, and assets of $174K (revenue -32.3% year-over-year).
- 2011: Revenue of $31K, expenses of $14K, and assets of $171K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern Maine Conservation Initiative:
Data Sources and Methodology
This transparency report for Eastern Maine Conservation Initiative 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.