Education Action Forum Of Maine
Education Action Forum Of Maine shows consistent revenue growth and strong asset accumulation with no liabilities.
EIN: 10537413 · Portland, ME · NTEE: B05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $149K |
| Total Expenses | $94K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $148,568 |
| Net Assets | $124K |
| Transparency Score | 92/100 |
Is Education Action Forum Of Maine Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education Action Forum Of Maine directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education Action Forum Of Maine
Education Action Forum Of Maine (EIN: 10537413) is a nonprofit organization based in Portland, ME, classified under NTEE code B05. The organization reported total revenue of $149K and total assets of $124K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Action Forum Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Action Forum Of Maine is a small nonprofit that has been operating for 25 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $94K |
| Surplus / Deficit | +$55K |
| Total Assets | $124K |
| Net Assets | $124K |
| Operating Margin | 37.0% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2021, Education Action Forum Of Maine reported a surplus of $55K with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Education Action Forum Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +85.0% | -9.6% | +79.3% |
| 2020 | -29.4% | +33.1% | -25.1% |
| 2019 | -18.4% | -22.5% | +63.5% |
| 2018 | +24.7% | -24.3% | +222.8% |
| 2017 | +12.6% | +104.0% | -54.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Education Action Forum Of Maine 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, Education Action Forum Of Maine 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $55K, 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 entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a small organization of its size ($148,568 latest revenue).
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 Education Action Forum Of Maine:
- Consistent revenue growth, from $50,704 in 2012 to $148,568 in 2021.
- Significant asset growth, from $9,802 in 2012 to $124,334 in 2021.
- Zero liabilities reported across all 11 filing periods, indicating strong financial stability.
- 0% officer compensation reported, suggesting highly efficient use of funds for programs.
- Positive net income in the latest filing (202112), with revenue exceeding expenses by $55,009.
Frequently Asked Questions about Education Action Forum Of Maine
Is Education Action Forum Of Maine a legitimate charity?
Education Action Forum Of Maine (EIN: 10537413) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $149K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Education Action Forum Of Maine spend its money?
Education Action Forum Of Maine directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Education Action Forum Of Maine tax-deductible?
Education Action Forum Of Maine is registered as a tax-exempt nonprofit (EIN: 10537413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Education Action Forum Of Maine CEO make?
Education Action Forum Of Maine's highest-compensated officer earns $148,568 annually. The organization reported $149K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Education Action Forum Of Maine's spending goes to programs?
Education Action Forum Of Maine directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Education Action Forum Of Maine compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Education Action Forum Of Maine is above average for NTEE category B05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education Action Forum Of Maine located?
Education Action Forum Of Maine is headquartered in Portland, Maine and files with the IRS under EIN 10537413. It is classified under NTEE code B05.
How many years of IRS 990 filings does Education Action Forum Of Maine have?
Education Action Forum Of Maine has 11 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 $149K in total revenue.
Is Education Action Forum Of Maine a good charity?
Based on its financial data, Education Action Forum Of Maine appears to be a good charity. It consistently operates without liabilities, has grown its assets significantly, and reports 0% officer compensation, suggesting a high dedication of funds to its mission.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly. Revenue has grown from $50,704 in 2012 to $148,568 in 2021, and assets have increased from $9,802 to $124,334 over the same period, demonstrating strong growth and stability.
What is the organization's approach to executive compensation?
Education Action Forum Of Maine reports 0% officer compensation in all available filings, indicating a highly lean operational model where executive leadership is not compensated through traditional officer salaries.
Filing History
IRS 990 filing history for Education Action Forum Of Maine showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Education Action Forum Of Maine's revenue has grown by 149.9%, moving from $59K to $149K. Total assets increased by 1431% over the same period, from $8K to $124K. Total functional expenses rose by 41.6%, from $66K to $94K. In its most recent filing year (2021), Education Action Forum Of Maine reported a surplus of $55K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $149K | $94K | $124K | $0 | — | — |
| 2020 | $80K | $104K | $69K | $0 | — | — |
| 2019 | $114K | $78K | $93K | $0 | — | View 990 |
| 2018 | $139K | $100K | $57K | $0 | — | View 990 |
| 2017 | $112K | $133K | $18K | $0 | — | View 990 |
| 2016 | $99K | $65K | $38K | $0 | — | View 990 |
| 2015 | $58K | $55K | $4K | $0 | — | View 990 |
| 2014 | $73K | $74K | $1K | $0 | — | View 990 |
| 2013 | $59K | $66K | $2K | $0 | — | View 990 |
| 2012 | $51K | $49K | $10K | $0 | — | View 990 |
| 2011 | $59K | $66K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $149K, expenses of $94K, and assets of $124K (revenue +85.0% year-over-year).
- 2020: Revenue of $80K, expenses of $104K, and assets of $69K (revenue -29.4% year-over-year).
- 2019: Revenue of $114K, expenses of $78K, and assets of $93K (revenue -18.4% year-over-year).
- 2018: Revenue of $139K, expenses of $100K, and assets of $57K (revenue +24.7% year-over-year).
- 2017: Revenue of $112K, expenses of $133K, and assets of $18K (revenue +12.6% year-over-year).
- 2016: Revenue of $99K, expenses of $65K, and assets of $38K (revenue +72.0% year-over-year).
- 2015: Revenue of $58K, expenses of $55K, and assets of $4K (revenue -21.2% year-over-year).
- 2014: Revenue of $73K, expenses of $74K, and assets of $1K (revenue +24.4% year-over-year).
- 2013: Revenue of $59K, expenses of $66K, and assets of $2K (revenue +16.1% year-over-year).
- 2012: Revenue of $51K, expenses of $49K, and assets of $10K (revenue -14.7% year-over-year).
- 2011: Revenue of $59K, expenses of $66K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Action Forum Of Maine:
Data Sources and Methodology
This transparency report for Education Action Forum 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.