La Maison Acadienne Inc
La Maison Acadienne Inc. faces persistent significant liabilities despite consistent revenue and no officer compensation.
EIN: 10363374 · Madawaska, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $914K |
| Total Expenses | $882K |
| Program Spending | 80% |
| Net Assets | $-1,392,570 |
| Transparency Score | 65/100 |
Is La Maison Acadienne Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
La Maison Acadienne Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About La Maison Acadienne Inc
La Maison Acadienne Inc (EIN: 10363374) is a nonprofit organization based in Madawaska, ME. The organization reported total revenue of $914K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of La Maison Acadienne Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
La Maison Acadienne Inc is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $863K |
| Total Expenses | $882K |
| Surplus / Deficit | $-18,163 |
| Total Assets | $1.2M |
| Total Liabilities | $2.6M |
| Net Assets | $-1,392,570 |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 218.8% |
| Months of Reserves | 16.0 months |
Financial Health Grade: C
In 2023, La Maison Acadienne Inc reported a deficit of $18K with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 218.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), La Maison Acadienne Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.2% | +5.1% | -8.6% |
| 2022 | +0.6% | +7.6% | -2.6% |
| 2021 | +4.0% | +1.2% | -4.2% |
| 2020 | +3.8% | +9.1% | +0.2% |
| 2019 | +1.3% | +2.4% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 La Maison Acadienne 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, La Maison Acadienne Inc 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 $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 218.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for minimizing overhead and maximizing funds for mission-related activities.
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 La Maison Acadienne Inc's IRS 990 filings:
- Consistently high liabilities significantly exceeding assets, indicating a negative net asset position.
- Gradual decline in total assets over the past decade, from $1,994,212 in 2014 to $1,171,812 in 2023.
- Operational deficits in some years (e.g., 2023 expenses of $881,584 exceeded revenue of $863,421).
Strengths
The following positive indicators were identified for La Maison Acadienne Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Regular filing of IRS 990s, demonstrating transparency in financial reporting.
- Consistent revenue generation over the past decade, generally covering operational expenses.
Frequently Asked Questions about La Maison Acadienne Inc
Is La Maison Acadienne Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, La Maison Acadienne Inc (EIN: 10363374) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does La Maison Acadienne Inc spend its money?
La Maison Acadienne Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to La Maison Acadienne Inc tax-deductible?
La Maison Acadienne Inc is registered as a tax-exempt nonprofit (EIN: 10363374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of La Maison Acadienne Inc's spending goes to programs?
La Maison Acadienne Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is La Maison Acadienne Inc located?
La Maison Acadienne Inc is headquartered in Madawaska, Maine and files with the IRS under EIN 10363374.
How many years of IRS 990 filings does La Maison Acadienne Inc have?
La Maison Acadienne Inc 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 $914K in total revenue.
Is La Maison Acadienne Inc. financially stable?
The organization's financial stability is questionable due to consistently high liabilities that significantly outweigh its assets. For example, in 2023, liabilities were $2,564,382 compared to assets of $1,171,812. This indicates a negative net asset position that has persisted for many years.
How does La Maison Acadienne Inc. manage its significant liabilities?
The provided data does not detail the nature of these liabilities (e.g., mortgages, bonds, program-related investments) or the organization's strategy for managing them. This would require a deeper dive into their full financial statements.
What is the trend in the organization's net assets?
The organization consistently has negative net assets, as its liabilities have always exceeded its assets in the provided data. For instance, in 2014, assets were $1,994,212 and liabilities were $3,259,805, and this trend continued to 2023 with assets at $1,171,812 and liabilities at $2,564,382.
Filing History
IRS 990 filing history for La Maison Acadienne Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), La Maison Acadienne Inc's revenue has grown by 9.2%, moving from $791K to $863K. Total assets decreased by 48.7% over the same period, from $2.3M to $1.2M. Total functional expenses rose by 2.3%, from $862K to $882K. In its most recent filing year (2023), La Maison Acadienne Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $1.2M in assets (debt-to-asset ratio: 218.8%), resulting in net assets of $-1,392,570.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $863K | $882K | $1.2M | $2.6M | — | View 990 |
| 2022 | $836K | $839K | $1.3M | $2.7M | — | View 990 |
| 2021 | $832K | $780K | $1.3M | $2.7M | — | View 990 |
| 2020 | $800K | $770K | $1.4M | $2.8M | — | View 990 |
| 2019 | $770K | $705K | $1.4M | $2.8M | — | View 990 |
| 2018 | $760K | $689K | $1.4M | $2.9M | — | View 990 |
| 2017 | $750K | $733K | $1.4M | $3.0M | — | View 990 |
| 2016 | $722K | $768K | $1.6M | $3.1M | — | View 990 |
| 2015 | $570K | $730K | $1.8M | $3.2M | — | View 990 |
| 2014 | $851K | $772K | $2.0M | $3.3M | — | View 990 |
| 2013 | $707K | $853K | $1.9M | $3.3M | — | View 990 |
| 2012 | $780K | $857K | $2.1M | $3.3M | — | View 990 |
| 2011 | $791K | $862K | $2.3M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $863K, expenses of $882K, and assets of $1.2M (revenue +3.2% year-over-year).
- 2022: Revenue of $836K, expenses of $839K, and assets of $1.3M (revenue +0.6% year-over-year).
- 2021: Revenue of $832K, expenses of $780K, and assets of $1.3M (revenue +4.0% year-over-year).
- 2020: Revenue of $800K, expenses of $770K, and assets of $1.4M (revenue +3.8% year-over-year).
- 2019: Revenue of $770K, expenses of $705K, and assets of $1.4M (revenue +1.3% year-over-year).
- 2018: Revenue of $760K, expenses of $689K, and assets of $1.4M (revenue +1.3% year-over-year).
- 2017: Revenue of $750K, expenses of $733K, and assets of $1.4M (revenue +3.8% year-over-year).
- 2016: Revenue of $722K, expenses of $768K, and assets of $1.6M (revenue +26.7% year-over-year).
- 2015: Revenue of $570K, expenses of $730K, and assets of $1.8M (revenue -33.0% year-over-year).
- 2014: Revenue of $851K, expenses of $772K, and assets of $2.0M (revenue +20.4% year-over-year).
- 2013: Revenue of $707K, expenses of $853K, and assets of $1.9M (revenue -9.5% year-over-year).
- 2012: Revenue of $780K, expenses of $857K, and assets of $2.1M (revenue -1.3% year-over-year).
- 2011: Revenue of $791K, expenses of $862K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for La Maison Acadienne Inc:
Data Sources and Methodology
This transparency report for La Maison Acadienne 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.