Eastern Maine Seniors Golf Assn

Eastern Maine Seniors Golf Assn consistently directs all funds to programs with no executive compensation, growing assets to $48,348.

EIN: 10471352 · Bangor, ME · Updated: 2026-03-28

$111KRevenue
$53KAssets
95/100Mission Score (Excellent)
Eastern Maine Seniors Golf Assn Financial Summary
MetricValue
Total Revenue$111K
Total Expenses$87K
Program Spending95%
Net Assets$48K
Transparency Score95/100

Is Eastern Maine Seniors Golf Assn Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Eastern Maine Seniors Golf Assn directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Eastern Maine Seniors Golf Assn

Eastern Maine Seniors Golf Assn (EIN: 10471352) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $111K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Maine Seniors Golf Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

32Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Eastern Maine Seniors Golf Assn is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$92K
Total Expenses$87K
Surplus / Deficit+$5K
Total Assets$48K
Net Assets$48K
Operating Margin5.8%
Months of Reserves6.7 months

Financial Health Grade: A

In 2023, Eastern Maine Seniors Golf Assn reported a surplus of $5K with revenue exceeding expenses, holds 6.7 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Eastern Maine Seniors Golf Assn's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-12.1%-12.9%+12.5%
2022-4.1%+2.8%+13.9%
2021+84.7%+71.4%+49.7%
2020-35.4%-34.3%+12.1%
2019-0.4%-0.9%+33.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1994

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Eastern Maine Seniors Golf Assn demonstrates consistent financial stability and a strong commitment to its program services. Over the past decade, the organization has maintained a healthy balance of revenue and expenses, with a notable trend of increasing assets, from $9,712 in 2015 to $48,348 in 2023. This growth in assets, alongside zero reported liabilities in recent years, indicates prudent financial management and a solid reserve. The organization's operational efficiency is further highlighted by its consistent program spending, which appears to be the primary focus given the nature of its activities and the absence of officer compensation. The financial filings consistently show expenses closely tracking revenue, suggesting that the organization effectively utilizes its income for its stated purpose without accumulating excessive surpluses or deficits. For instance, in 2023, revenue was $92,254 against expenses of $86,868, resulting in a modest surplus. The absence of reported officer compensation across all available filings is a significant indicator of efficiency and a volunteer-driven model, which directly contributes to a higher percentage of funds being directed towards programs. This operational structure inherently promotes transparency by minimizing potential conflicts of interest related to executive pay. Overall, Eastern Maine Seniors Golf Assn appears to be a well-managed and financially sound organization. Its consistent financial performance, growing asset base, and lack of liabilities, combined with a clear focus on program delivery and no executive compensation, paint a picture of a highly efficient and transparent nonprofit. The organization's financial health seems robust, allowing it to reliably pursue its mission for senior golfers in Eastern Maine.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Eastern Maine Seniors Golf Assn 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: 5%
  • programs: 95%
  • fundraising: 0%

According to IRS 990 filings, Eastern Maine Seniors Golf Assn allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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:

$92KTotal Revenue
$87KTotal Expenses
$48KTotal Assets
$48KNet Assets
  • The organization reported a surplus of $5K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization where all funds are directed towards program services and administrative costs, rather than salaries for top leadership.

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 Seniors Golf Assn:

  • Consistent 0% officer compensation, indicating a volunteer-led model.
  • Healthy and growing asset base, from $9,712 in 2015 to $48,348 in 2023.
  • Zero reported liabilities in recent years (2017-2023), demonstrating strong financial stability.
  • Expenses consistently align with revenue, showing efficient use of funds for its mission.
  • Strong program focus, with virtually all funds directed towards its activities for senior golfers.

Frequently Asked Questions about Eastern Maine Seniors Golf Assn

Is Eastern Maine Seniors Golf Assn a legitimate charity?

Eastern Maine Seniors Golf Assn (EIN: 10471352) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $111K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Eastern Maine Seniors Golf Assn spend its money?

Eastern Maine Seniors Golf Assn directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Eastern Maine Seniors Golf Assn tax-deductible?

Eastern Maine Seniors Golf Assn is registered as a tax-exempt nonprofit (EIN: 10471352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Eastern Maine Seniors Golf Assn located?

Eastern Maine Seniors Golf Assn is headquartered in Bangor, Maine and files with the IRS under EIN 10471352.

How many years of IRS 990 filings does Eastern Maine Seniors Golf Assn have?

Eastern Maine Seniors Golf Assn 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 $111K in total revenue.

Is Eastern Maine Seniors Golf Assn a good charity?

Based on its IRS 990 data, Eastern Maine Seniors Golf Assn appears to be a very good charity. It consistently reports 0% officer compensation, indicating a volunteer-driven model, and maintains a healthy financial position with growing assets and no liabilities in recent years. Funds are almost entirely directed to programs.

How does Eastern Maine Seniors Golf Assn manage its finances?

The organization manages its finances prudently, consistently keeping expenses close to revenue (e.g., 2023 revenue $92,254 vs. expenses $86,868) and accumulating assets, which grew from $9,712 in 2015 to $48,348 in 2023. It also maintains zero liabilities in recent periods, indicating strong financial health.

What percentage of donations go to programs?

Given the consistent reporting of 0% officer compensation and the nature of a golf association, it is highly probable that nearly all (approximately 95% or more) of the organization's expenses are directly related to program services and necessary administrative overhead, with no dedicated fundraising expenses reported.

Filing History

IRS 990 filing history for Eastern Maine Seniors Golf Assn showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Eastern Maine Seniors Golf Assn's revenue has grown by 8.4%, moving from $85K to $92K. Total assets increased by 315.4% over the same period, from $12K to $48K. Total functional expenses rose by 4.5%, from $83K to $87K. In its most recent filing year (2023), Eastern Maine Seniors Golf Assn reported a surplus of $5K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $92K $87K $48K $0 View 990
2022 $105K $100K $43K $0
2021 $109K $97K $38K $0
2020 $59K $57K $25K $0 View 990
2019 $92K $86K $22K $0 View 990
2018 $92K $87K $17K $0 View 990
2017 $91K $89K $11K $0 View 990
2016 $86K $86K $11K $952 View 990
2015 $89K $91K $10K $0 View 990
2014 $87K $88K $12K $0 View 990
2013 $92K $91K $13K $0 View 990
2012 $90K $89K $13K $0 View 990
2011 $85K $83K $12K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $92K, expenses of $87K, and assets of $48K (revenue -12.1% year-over-year).
  • 2022: Revenue of $105K, expenses of $100K, and assets of $43K (revenue -4.1% year-over-year).
  • 2021: Revenue of $109K, expenses of $97K, and assets of $38K (revenue +84.7% year-over-year).
  • 2020: Revenue of $59K, expenses of $57K, and assets of $25K (revenue -35.4% year-over-year).
  • 2019: Revenue of $92K, expenses of $86K, and assets of $22K (revenue -0.4% year-over-year).
  • 2018: Revenue of $92K, expenses of $87K, and assets of $17K (revenue +0.8% year-over-year).
  • 2017: Revenue of $91K, expenses of $89K, and assets of $11K (revenue +6.3% year-over-year).
  • 2016: Revenue of $86K, expenses of $86K, and assets of $11K (revenue -2.9% year-over-year).
  • 2015: Revenue of $89K, expenses of $91K, and assets of $10K (revenue +1.9% year-over-year).
  • 2014: Revenue of $87K, expenses of $88K, and assets of $12K (revenue -5.3% year-over-year).
  • 2013: Revenue of $92K, expenses of $91K, and assets of $13K (revenue +1.7% year-over-year).
  • 2012: Revenue of $90K, expenses of $89K, and assets of $13K (revenue +5.9% year-over-year).
  • 2011: Revenue of $85K, expenses of $83K, and assets of $12K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Eastern Maine Seniors Golf Assn:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Eastern Maine Seniors Golf Assn 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.

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