General Alumni Association Of The University Of Maine
University of Maine Alumni Association maintains stable finances with no officer compensation reported.
EIN: 10502306 · Orono, ME · NTEE: B840 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| Net Assets | $5.1M |
| Transparency Score | 85/100 |
Search Intent Cockpit
General Alumni Association Of The University Of Maine Form 990, Revenue, CEO Pay, and IRS Filing Signals
General Alumni Association Of The University Of Maine is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around General Alumni Association Of The University Of Maine in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $1.1M and expenses of $1.1M.
Revenue and Expenses
General Alumni Association Of The University Of Maine reported $1.1M in revenue and $1.1M in expenses, a deficit of $35K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is General Alumni Association Of The University Of Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $890K (80%) |
Across stored filings, General Alumni Association Of The University Of Maine shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Orono, ME nonprofitsEducation in Maine
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Donation Decision Flow
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Some Concerns. Check deductibility, filings, and red flags.
2Understand money
80% of spending goes to programs.
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Keep the Investigation Moving
General Alumni Association Of The University Of Maine directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About General Alumni Association Of The University Of Maine
General Alumni Association Of The University Of Maine (EIN: 10502306) is a nonprofit organization based in Orono, ME, classified under NTEE code B840. The organization reported total revenue of $1.1M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of General Alumni Association Of The University Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
General Alumni Association Of The University Of Maine is a mid-size nonprofit that has been operating for 30 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-35,413 |
| Total Assets | $5.1M |
| Total Liabilities | $27K |
| Net Assets | $5.1M |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 55.2 months |
Financial Health Grade: B
In 2023, General Alumni Association Of The University Of Maine reported a deficit of $35K with expenses exceeding revenue, holds 55.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2023), General Alumni Association Of The University Of Maine's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.3% | -2.9% | -0.5% |
| 2022 | +2.5% | +17.5% | -4.3% |
| 2021 | +14.1% | -11.2% | +10.8% |
| 2020 | -11.6% | -3.4% | -0.2% |
| 2019 | +0.1% | -4.7% | +0.5% |
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 General Alumni Association Of The University Of Maine with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, General Alumni Association Of The University 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence and resource allocation relative to the organization's size and mission.
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 General Alumni Association Of The University Of Maine's IRS 990 filings:
- Occasional operational deficits, such as in 202306 where expenses ($1,113,098) exceeded revenue ($1,077,685).
Strengths
The following positive indicators were identified for General Alumni Association Of The University Of Maine:
- Strong asset base ($5,120,557) significantly exceeding liabilities ($27,045) in the latest filing, indicating robust financial health.
- Consistent reporting of 0% officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
- Stable revenue stream consistently around $1.1 million over the past decade.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about General Alumni Association Of The University Of Maine
Is General Alumni Association Of The University Of Maine a legitimate charity?
General Alumni Association Of The University Of Maine (EIN: 10502306) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does General Alumni Association Of The University Of Maine spend its money?
General Alumni Association Of The University Of Maine directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to General Alumni Association Of The University Of Maine tax-deductible?
General Alumni Association Of The University Of Maine is registered as a tax-exempt nonprofit (EIN: 10502306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of General Alumni Association Of The University Of Maine's spending goes to programs?
General Alumni Association Of The University Of Maine directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does General Alumni Association Of The University Of Maine compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), General Alumni Association Of The University Of Maine is above average for NTEE category B840 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is General Alumni Association Of The University Of Maine located?
General Alumni Association Of The University Of Maine is headquartered in Orono, Maine and files with the IRS under EIN 10502306. It is classified under NTEE code B840.
How many years of IRS 990 filings does General Alumni Association Of The University Of Maine have?
General Alumni Association Of The University 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 $1.1M in total revenue.
Is the General Alumni Association Of The University Of Maine financially stable?
Yes, the organization appears financially stable. With assets of $5,120,557 and liabilities of only $27,045 in the latest filing (202306), its net assets are substantial, providing a strong financial cushion despite occasional operational deficits.
How does the organization manage officer compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting that its officers are either volunteers or compensated through mechanisms not classified as direct officer salaries.
Has the organization experienced significant growth or decline in recent years?
The organization has maintained a relatively stable financial size over the past decade, with revenues and expenses consistently around $1.1 million. Assets have also remained stable, fluctuating around the $4.8 million to $5.3 million range.
Filing History
IRS 990 filing history for General Alumni Association Of The University Of Maine showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), General Alumni Association Of The University Of Maine's revenue has declined by 31.2%, moving from $1.6M to $1.1M. Total assets increased by 8.6% over the same period, from $4.7M to $5.1M. Total functional expenses fell by 6.9%, from $1.2M to $1.1M. In its most recent filing year (2023), General Alumni Association Of The University Of Maine reported a deficit of $35K, with expenses exceeding revenue. The organization holds $27K in liabilities against $5.1M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $5.1M | $27K | — | — |
| 2022 | $1.2M | $1.1M | $5.1M | $57K | — | View 990 |
| 2021 | $1.2M | $976K | $5.4M | $99K | — | View 990 |
| 2020 | $1.0M | $1.1M | $4.9M | $191K | — | View 990 |
| 2019 | $1.1M | $1.1M | $4.9M | $86K | — | View 990 |
| 2018 | $1.1M | $1.2M | $4.8M | $99K | — | View 990 |
| 2017 | $1.1M | $1.2M | $4.8M | $69K | — | View 990 |
| 2016 | $1.1M | $1.2M | $4.7M | $83K | — | View 990 |
| 2015 | $1.0M | $1.1M | $4.8M | $96K | — | View 990 |
| 2013 | $1.3M | $1.2M | $4.7M | $94K | — | View 990 |
| 2012 | $1.6M | $1.2M | $4.7M | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $5.1M (revenue -9.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $5.1M (revenue +2.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $976K, and assets of $5.4M (revenue +14.1% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $4.9M (revenue -11.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $4.9M (revenue +0.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $4.8M (revenue +0.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $4.8M (revenue +8.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $4.7M (revenue +2.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $4.8M (revenue -18.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $4.7M (revenue -19.3% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.2M, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for General Alumni Association Of The University Of Maine:
Data Sources and Methodology
This transparency report for General Alumni Association Of The University 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.