Home Builders Association Of Maine Inc

Home Builders Association Of Maine Inc faces declining revenue and recurring operational deficits.

EIN: 10314565 · Scarborough, ME · NTEE: Y03 · Updated: 2026-03-28

$46KRevenue
$16KAssets
65/100Mission Score (Good)
Y03

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Home Builders Association Of Maine Inc Financial Summary
MetricValue
Total Revenue$46K
Total Expenses$56K
Program Spending70%
Net Assets$22K
Transparency Score65/100

Search Intent Cockpit

Home Builders Association Of Maine Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Home Builders Association Of Maine Inc 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 Home Builders Association Of Maine Inc in one place.

Form 990 Filing Summary

4 filing years are available, with latest revenue of $47K and expenses of $56K.

Revenue and Expenses

Home Builders Association Of Maine Inc reported $47K in revenue and $56K in expenses, a deficit of $9K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

65/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.

Is Home Builders Association Of Maine Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
4Stored Filing Years

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

Home Builders Association Of Maine Inc Expense Deployment
Program services$39K (70%)

Across stored filings, Home Builders Association Of Maine Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Home Builders Association Of Maine Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade B4 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Category Y context

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Home Builders Association Of Maine Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Home Builders Association Of Maine Inc

Home Builders Association Of Maine Inc (EIN: 10314565) is a nonprofit organization based in Scarborough, ME, classified under NTEE code Y03. The organization reported total revenue of $46K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Builders Association Of Maine Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

1Years Operating
MicroSize Classification
4Years of Filings
DecliningRevenue Trajectory

Home Builders Association Of Maine Inc is a micro nonprofit that has been operating for 1 years, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -16.5%.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

Total Revenue$47K
Total Expenses$56K
Surplus / Deficit$-8,920
Total Assets$23K
Total Liabilities$727
Net Assets$22K
Operating Margin-18.9%
Debt-to-Asset Ratio3.2%
Months of Reserves4.8 months

Financial Health Grade: B

In 2015, Home Builders Association Of Maine Inc reported a deficit of $9K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 3.2% (very low leverage).

Financial Trends

Over 4 years of filings (2012–2015), Home Builders Association Of Maine Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.5%.

YearRevenue ChangeExpense ChangeAsset Change
2015-16.1%+78.8%-29.8%
2014-12.3%-56.8%+355.8%
2013-20.8%-17.5%-55.0%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2025

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

AI Transparency Report

The Home Builders Association Of Maine Inc appears to be a small organization with fluctuating financial health over the past few years. Revenue has generally declined from $80,912 in 2012 to $46,390 in the latest period, and the organization has frequently operated at a deficit, with expenses exceeding revenue in three out of the four reported periods (2015, 2013, 2012). This trend suggests potential sustainability challenges if not addressed. Assets have also seen a significant decline from a high of $32,191 in 2014 to $15,560 currently, indicating a reduction in financial reserves. Given the available data, it's challenging to fully assess spending efficiency without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operational deficits raise concerns about how effectively resources are being managed relative to incoming funds. The organization's transparency is good in terms of making its 990 filings available, and the reported 0% officer compensation across all periods indicates that executive pay is not a drain on resources, which is a positive sign for a nonprofit of this size. Overall, while the lack of officer compensation is a strength, the declining revenue and recurring deficits suggest that the organization needs to stabilize its financial position to ensure long-term viability and impact. A deeper dive into expense categories would be beneficial to understand where the majority of spending occurs and identify areas for potential efficiency improvements.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Home Builders Association Of Maine Inc with a Mission Score of 65 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Home Builders Association Of Maine Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

$47KTotal Revenue
$56KTotal Expenses
$23KTotal Assets
$727Total Liabilities
$22KNet Assets
  • The organization reported a deficit of $9K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 3.2%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers are receiving salaries from the organization, which is highly favorable 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 Home Builders Association Of Maine Inc's IRS 990 filings:

  • Declining revenue trend from $80,912 in 2012 to $46,390 currently.
  • Frequent operational deficits, with expenses exceeding revenue in 3 out of 4 reported periods.
  • Significant decline in assets from $32,191 in 2014 to $15,560 in the latest period.

Strengths

The following positive indicators were identified for Home Builders Association Of Maine Inc:

  • 0% officer compensation reported across all filings, indicating no executive pay burden.
  • Consistent filing of IRS 990 forms, demonstrating transparency.

Frequently Asked Questions about Home Builders Association Of Maine Inc

Is Home Builders Association Of Maine Inc a legitimate charity?

Home Builders Association Of Maine Inc (EIN: 10314565) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 4 years of IRS 990 filings on record. Total revenue: $46K. 3 red flags identified. 2 strengths noted. Financial health grade: B.

How does Home Builders Association Of Maine Inc spend its money?

Home Builders Association Of Maine Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Home Builders Association Of Maine Inc tax-deductible?

Home Builders Association Of Maine Inc is registered as a tax-exempt nonprofit (EIN: 10314565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Home Builders Association Of Maine Inc's spending goes to programs?

Home Builders Association Of Maine Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Home Builders Association Of Maine Inc compare to similar nonprofits?

With a transparency score of 65/100 (Good), Home Builders Association Of Maine Inc is above average for NTEE category Y03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Home Builders Association Of Maine Inc located?

Home Builders Association Of Maine Inc is headquartered in Scarborough, Maine and files with the IRS under EIN 10314565. It is classified under NTEE code Y03.

How many years of IRS 990 filings does Home Builders Association Of Maine Inc have?

Home Builders Association Of Maine Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $46K in total revenue.

Is Home Builders Association Of Maine Inc financially stable?

Based on the IRS 990 data, the organization has experienced declining revenue from $80,912 in 2012 to $46,390 in the latest period and has operated at a deficit in three out of four reported years, suggesting potential financial instability.

How does the organization manage its expenses?

While specific expense breakdowns are not provided in the summary, the organization's expenses have frequently exceeded its revenue, such as $56,098 in expenses against $47,178 in revenue in 2015, indicating a need for better expense management relative to income.

What is the trend in the organization's assets?

The organization's assets have generally declined from a high of $32,191 in 2014 to $15,560 in the latest period, which could limit its capacity for future operations or investments.

Filing History

IRS 990 filing history for Home Builders Association Of Maine Inc showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2012–2015), Home Builders Association Of Maine Inc's revenue has declined by 41.7%, moving from $81K to $47K. Total assets increased by 44.1% over the same period, from $16K to $23K. Total functional expenses fell by 36.3%, from $88K to $56K. In its most recent filing year (2015), Home Builders Association Of Maine Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $727 in liabilities against $23K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $22K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2015 $47K $56K $23K $727 View 990
2014 $56K $31K $32K $1K View 990
2013 $64K $73K $7K $0 View 990
2012 $81K $88K $16K $56 View 990

Year-by-Year Financial Summary

  • 2015: Revenue of $47K, expenses of $56K, and assets of $23K (revenue -16.1% year-over-year).
  • 2014: Revenue of $56K, expenses of $31K, and assets of $32K (revenue -12.3% year-over-year).
  • 2013: Revenue of $64K, expenses of $73K, and assets of $7K (revenue -20.8% year-over-year).
  • 2012: Revenue of $81K, expenses of $88K, and assets of $16K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Home Builders Association Of Maine Inc:

2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Home Builders Association Of Maine Inc 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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