Finnish American Society Of Maine

Finnish American Society Of Maine reports $63,192 revenue against $7,633 expenses, building $99,239 in assets.

EIN: 10384289 · West Paris, ME · Updated: 2026-03-28

$0Revenue

$0Assets

70/100Mission Score (Good)

Is Finnish American Society Of Maine Legit?

Some Concerns

LimitedFiling 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 →

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

About Finnish American Society Of Maine

Finnish American Society Of Maine (EIN: 10384289) is a nonprofit organization based in West Paris, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Finnish American Society Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Finnish American Society Of Maine appears to be in a stable financial position based on its latest available filing (Period 202212). With revenues of $63,192 significantly exceeding expenses of $7,633, the organization generated a substantial surplus, contributing to its healthy asset base of $99,239 with no reported liabilities. This indicates strong financial management and an ability to build reserves.

However, the lack of detailed expense breakdown in the provided data makes it challenging to fully assess spending efficiency across programs, administration, and fundraising. The organization's transparency could be improved by providing more granular financial details, especially concerning how its expenses are allocated to its mission-related activities versus overhead. The 'Unknown' NTEE code also suggests a potential lack of clear categorization, which can impact public understanding of its purpose.

Despite these points, the overall financial health, as evidenced by the positive net assets and revenue exceeding expenses, suggests a well-managed organization from a solvency perspective. The absence of officer compensation also points to a volunteer-driven or very lean operational structure.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Finnish American Society Of Maine with a Mission Score of 70 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, Finnish American Society Of 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.

Executive Compensation Analysis

The organization reported 0% officer compensation, indicating a volunteer-led structure or that compensation is not a significant expense relative to its size and revenue of $63,192.

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 Finnish American Society Of Maine's IRS 990 filings:

Lack of detailed expense breakdown in provided data
Unknown NTEE Code, hindering clear categorization of mission

Strengths

The following positive indicators were identified for Finnish American Society Of Maine:

Strong financial health with revenue significantly exceeding expenses ($63,192 vs. $7,633)
Healthy asset base ($99,239) with no reported liabilities
0% officer compensation, indicating volunteer-driven or lean operations
Positive net income, building reserves

Frequently Asked Questions about Finnish American Society Of Maine

Is Finnish American Society Of Maine a legitimate charity?

Based on AI analysis of IRS 990 filings, Finnish American Society Of Maine (EIN: 10384289) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.

How does Finnish American Society Of Maine spend its money?

Finnish American Society Of Maine directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Finnish American Society Of Maine tax-deductible?

Finnish American Society Of Maine is registered as a tax-exempt nonprofit (EIN: 10384289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Finnish American Society Of Maine a good charity?

Based on the available data, the organization demonstrates strong financial health with revenues significantly exceeding expenses ($63,192 vs. $7,633) and a healthy asset base ($99,239). However, a detailed breakdown of program spending versus administrative costs is needed for a complete assessment of its charitable effectiveness.

How does Finnish American Society Of Maine spend its money?

In the 202212 period, Finnish American Society Of Maine spent $7,633 in total expenses. Without a detailed breakdown, it's difficult to specify exact allocations, but the low overall expense figure relative to revenue suggests efficient operations or limited program activities.

What is the financial stability of Finnish American Society Of Maine?

The organization appears financially stable, reporting $63,192 in revenue against only $7,633 in expenses for the 202212 period, resulting in a substantial surplus. It also holds $99,239 in assets with no liabilities, indicating a strong financial position.

Filing History

IRS 990 filing history for Finnish American Society Of Maine showing financial trends over 1 year of public records:

In its most recent filing year (2022), Finnish American Society Of Maine reported a surplus of $56K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$63K	$8K	$99K	$0	—	View 990

Data Sources and Methodology

This transparency report for Finnish American Society 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.