Madawaska Valley Atventure Club
Madawaska Valley Adventure Club reported a deficit in its last filing and has no recent financial activity.
EIN: 10437568 · Madawaska, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $22K |
| Program Spending | 70% |
| Net Assets | $15K |
| Transparency Score | 40/100 |
Is Madawaska Valley Atventure Club Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Madawaska Valley Atventure Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Madawaska Valley Atventure Club
Madawaska Valley Atventure Club (EIN: 10437568) is a nonprofit organization based in Madawaska, 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 Madawaska Valley Atventure Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madawaska Valley Atventure Club is a micro nonprofit that has been operating for 38 years.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $22K |
| Surplus / Deficit | $-9,644 |
| Total Assets | $28K |
| Total Liabilities | $13K |
| Net Assets | $15K |
| Operating Margin | -76.4% |
| Debt-to-Asset Ratio | 45.8% |
| Months of Reserves | 15.0 months |
Financial Health Grade: B
In 2013, Madawaska Valley Atventure Club reported a deficit of $10K with expenses exceeding revenue, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 45.8% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Madawaska Valley Atventure Club with a Mission Score of 40 out of 100 (Fair). 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, Madawaska Valley Atventure Club allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.8%.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 201305 filing, indicating a volunteer-led structure, which is appropriate for an organization of its small size and limited financial activity.
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 Madawaska Valley Atventure Club's IRS 990 filings:
- Lack of recent financial data (last filing 2013)
- Reported $0 for latest revenue and assets, suggesting inactivity
- Expenses ($22,263) exceeded revenue ($12,619) in the last reported period
Strengths
The following positive indicators were identified for Madawaska Valley Atventure Club:
- No officer compensation reported, indicating volunteer leadership
Frequently Asked Questions about Madawaska Valley Atventure Club
Is Madawaska Valley Atventure Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Madawaska Valley Atventure Club (EIN: 10437568) significant concerns. Mission Score: 40/100. 3 red flags identified, 1 strength noted.
How does Madawaska Valley Atventure Club spend its money?
Madawaska Valley Atventure Club directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Madawaska Valley Atventure Club tax-deductible?
Madawaska Valley Atventure Club is registered as a tax-exempt nonprofit (EIN: 10437568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Madawaska Valley Atventure Club's spending goes to programs?
Madawaska Valley Atventure Club directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Madawaska Valley Atventure Club located?
Madawaska Valley Atventure Club is headquartered in Madawaska, Maine and files with the IRS under EIN 10437568.
Is Madawaska Valley Adventure Club still an active organization?
Based on the provided data showing $0 for latest revenue and assets, and only one filing from 2013, it is unclear if the Madawaska Valley Adventure Club is still actively operating or filing with the IRS.
What were the specific program activities funded by the organization?
The provided IRS 990 data does not detail specific program activities. Further investigation into the full 201305 filing would be needed to understand how the $22,263 in expenses were allocated.
Filing History
IRS 990 filing history for Madawaska Valley Atventure Club showing financial trends over 1 year of public records:
In its most recent filing year (2013), Madawaska Valley Atventure Club reported a deficit of $10K, with expenses exceeding revenue. The organization holds $13K in liabilities against $28K in assets (debt-to-asset ratio: 45.8%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $13K | $22K | $28K | $13K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madawaska Valley Atventure Club:
Data Sources and Methodology
This transparency report for Madawaska Valley Atventure Club 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.