Equality Maine

Equality Maine consistently operates on a small budget, frequently incurring deficits, but maintains zero officer compensation.

EIN: 10491854 · Portland, ME · NTEE: R26 · Updated: 2026-03-28

$121KRevenue
$67KAssets
75/100Mission Score (Good)
R26
Equality Maine Financial Summary
MetricValue
Total Revenue$121K
Total Expenses$39K
Program Spending80%
Net Assets$9K
Transparency Score75/100

Is Equality Maine Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Equality Maine directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Equality Maine

Equality Maine (EIN: 10491854) is a nonprofit organization based in Portland, ME, classified under NTEE code R26. The organization reported total revenue of $121K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Equality Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

26Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Equality Maine is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -16.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$28K
Total Expenses$39K
Surplus / Deficit$-11,587
Total Assets$9K
Net Assets$9K
Operating Margin-41.5%
Months of Reserves2.6 months

Financial Health Grade: C

In 2023, Equality Maine reported a deficit of $12K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited).

Financial Trends

Over 13 years of filings (2011–2023), Equality Maine's revenue has declined at a compound annual growth rate (CAGR) of -16.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-23.8%+7.8%-62.7%
2022-36.7%-8.3%-40.4%
2021+221.2%+67.4%+351.6%
2020-45.0%-25.5%-47.8%
2019+83.3%+75.6%+37.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2000

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

AI Transparency Report

Equality Maine demonstrates a consistent, albeit small, operational footprint. The organization's financial health appears stable, with assets generally exceeding liabilities across most recent periods. For instance, in 202309, assets were $8,693 with $0 liabilities, and in 202209, assets were $23,280 against $3,000 in liabilities. However, the organization frequently operates at a deficit, with expenses exceeding revenue in many years, such as 202309 (Revenue $27,891, Expenses $39,478) and 202209 (Revenue $36,601, Expenses $36,615). This trend suggests reliance on prior reserves or inconsistent funding streams. Transparency is good, with 13 filings available and consistent reporting of zero officer compensation, indicating a volunteer-led or very lean executive structure. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent zero officer compensation suggests a high degree of efficiency in leadership costs. The organization's relatively small scale, with revenues typically under $60,000 annually, means that even minor fluctuations can significantly impact its financial statements. The latest revenue of $120,560 is a notable increase compared to previous years, which could indicate a period of growth or a one-time funding event. The organization's ability to manage its expenses within its revenue, or to cover deficits from reserves, will be key to its long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Equality Maine with a Mission Score of 75 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Equality Maine allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$28KTotal Revenue
$39KTotal Expenses
$9KTotal Assets
$9KNet Assets
  • The organization reported a deficit of $12K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for an organization of this size.

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 Equality Maine's IRS 990 filings:

  • Frequent operational deficits (e.g., 202309, 202209, 202009, 201809, 201709, 201509, 201409)
  • Small and fluctuating asset base relative to operational needs

Strengths

The following positive indicators were identified for Equality Maine:

  • Consistent zero officer compensation, indicating highly efficient leadership costs
  • Low to zero liabilities across most reporting periods
  • Long filing history (13 filings) demonstrating consistent transparency

Frequently Asked Questions about Equality Maine

Is Equality Maine a legitimate charity?

Equality Maine (EIN: 10491854) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $121K. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does Equality Maine spend its money?

Equality Maine directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Equality Maine tax-deductible?

Equality Maine is registered as a tax-exempt nonprofit (EIN: 10491854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Equality Maine's spending goes to programs?

Equality Maine directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Equality Maine compare to similar nonprofits?

With a transparency score of 75/100 (Good), Equality Maine is above average for NTEE category R26 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Equality Maine located?

Equality Maine is headquartered in Portland, Maine and files with the IRS under EIN 10491854. It is classified under NTEE code R26.

How many years of IRS 990 filings does Equality Maine have?

Equality 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 $121K in total revenue.

How does Equality Maine cover its frequent operational deficits?

The provided data shows that Equality Maine frequently spends more than it earns, for example, in 202309 expenses were $39,478 against $27,891 in revenue. These deficits are likely covered by drawing down on accumulated assets from prior profitable years or through unrestricted donations not tied to specific periods.

What is the reason for the significant increase in 'Latest Revenue' to $120,560 compared to previous annual revenues?

The provided 'Latest Revenue' of $120,560 is significantly higher than the annual revenues reported in the filing history (e.g., $27,891 in 202309, $36,601 in 202209). This could indicate a successful fundraising campaign, a large one-time grant, or a different reporting period for the 'Latest Revenue' figure compared to the annual filings.

Is Equality Maine financially stable given its small asset base and frequent deficits?

While Equality Maine frequently reports deficits, its liabilities are generally low or zero (e.g., $0 in 202309). The organization's asset base, though small (e.g., $8,693 in 202309), appears sufficient to cover its minimal liabilities, suggesting a degree of stability, albeit on a very lean operational model.

Filing History

IRS 990 filing history for Equality Maine showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Equality Maine's revenue has declined by 88.2%, moving from $236K to $28K. Total assets decreased by 87.4% over the same period, from $69K to $9K. Total functional expenses fell by 91.3%, from $454K to $39K. In its most recent filing year (2023), Equality Maine reported a deficit of $12K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $28K $39K $9K $0
2022 $37K $37K $23K $3K
2021 $58K $40K $39K $19K View 990
2020 $18K $24K $9K $6K
2019 $33K $32K $17K $8K View 990
2018 $18K $18K $12K $5K View 990
2017 $16K $17K $12K $4K View 990
2016 $14K $10K $10K $1K View 990
2015 $50K $52K $5K $0 View 990
2014 $15K $41K $7K $0 View 990
2013 $40K $81K $39K $6K View 990
2012 $231K $189K $81K $7K View 990
2011 $236K $454K $69K $37K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $28K, expenses of $39K, and assets of $9K (revenue -23.8% year-over-year).
  • 2022: Revenue of $37K, expenses of $37K, and assets of $23K (revenue -36.7% year-over-year).
  • 2021: Revenue of $58K, expenses of $40K, and assets of $39K (revenue +221.2% year-over-year).
  • 2020: Revenue of $18K, expenses of $24K, and assets of $9K (revenue -45.0% year-over-year).
  • 2019: Revenue of $33K, expenses of $32K, and assets of $17K (revenue +83.3% year-over-year).
  • 2018: Revenue of $18K, expenses of $18K, and assets of $12K (revenue +11.6% year-over-year).
  • 2017: Revenue of $16K, expenses of $17K, and assets of $12K (revenue +13.4% year-over-year).
  • 2016: Revenue of $14K, expenses of $10K, and assets of $10K (revenue -71.8% year-over-year).
  • 2015: Revenue of $50K, expenses of $52K, and assets of $5K (revenue +222.4% year-over-year).
  • 2014: Revenue of $15K, expenses of $41K, and assets of $7K (revenue -61.7% year-over-year).
  • 2013: Revenue of $40K, expenses of $81K, and assets of $39K (revenue -82.5% year-over-year).
  • 2012: Revenue of $231K, expenses of $189K, and assets of $81K (revenue -1.9% year-over-year).
  • 2011: Revenue of $236K, expenses of $454K, and assets of $69K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Equality Maine:

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 Equality 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.

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