Mahc Inc
Mahc Inc operates with consistent revenue and expenses, showing a recent deficit but no officer compensation.
EIN: 10484154 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $129K |
| Program Spending | 80% |
| Net Assets | $603K |
| Transparency Score | 85/100 |
Is Mahc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mahc Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mahc Inc
Mahc Inc (EIN: 10484154) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $110K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mahc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mahc Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $129K |
| Surplus / Deficit | $-28,442 |
| Total Assets | $1.6M |
| Total Liabilities | $1.0M |
| Net Assets | $603K |
| Operating Margin | -28.3% |
| Debt-to-Asset Ratio | 62.6% |
| Months of Reserves | 150.3 months |
Financial Health Grade: C
In 2023, Mahc Inc reported a deficit of $28K with expenses exceeding revenue, holds 150.3 months of operating reserves (strong position), has a debt-to-asset ratio of 62.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mahc Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.4% | +3.7% | -4.2% |
| 2022 | +37.0% | +55.1% | -11.7% |
| 2021 | +-0.0% | -2.2% | -1.5% |
| 2020 | +-0.0% | -8.1% | -1.4% |
| 2019 | +22.9% | +37.9% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Mahc Inc 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, Mahc 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 $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly favorable for resource allocation.
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 Mahc Inc's IRS 990 filings:
- Recent deficit in 2023 ($100,475 revenue vs. $128,917 expenses)
- NTEE Code is unknown, limiting understanding of specific mission area
Strengths
The following positive indicators were identified for Mahc Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in executive pay
- Substantial assets ($1,543,803) relative to liabilities, providing financial cushion
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance
Frequently Asked Questions about Mahc Inc
Is Mahc Inc a legitimate charity?
Mahc Inc (EIN: 10484154) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $110K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Mahc Inc spend its money?
Mahc Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mahc Inc tax-deductible?
Mahc Inc is registered as a tax-exempt nonprofit (EIN: 10484154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mahc Inc's spending goes to programs?
Mahc Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mahc Inc located?
Mahc Inc is headquartered in Portland, Maine and files with the IRS under EIN 10484154.
How many years of IRS 990 filings does Mahc Inc have?
Mahc 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 $110K in total revenue.
Is Mahc Inc financially stable?
Mahc Inc appears generally stable, maintaining significant assets ($1,543,803) relative to its liabilities. While the 2023 period showed a deficit ($100,475 revenue vs. $128,917 expenses), previous years often saw revenues covering expenses, suggesting a generally balanced operation.
How does Mahc Inc manage its expenses?
Mahc Inc's expenses have fluctuated, with the highest reported in 2023 at $128,917. Without a detailed breakdown of program, administrative, and fundraising costs, it's difficult to fully assess efficiency, but the consistent 0% officer compensation is a strong positive indicator of cost management.
What is the trend in Mahc Inc's revenue?
Mahc Inc's revenue has shown some variability, ranging from a low of $12,507 in 2014 to a high of $129,509 in 2022. The latest reported revenue of $100,475 for 2023 is a decrease from the previous year but remains within its typical operating range.
Filing History
IRS 990 filing history for Mahc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mahc Inc's revenue has grown by 361.9%, moving from $22K to $100K. Total assets increased by 23.3% over the same period, from $1.3M to $1.6M. Total functional expenses rose by 2161.7%, from $6K to $129K. In its most recent filing year (2023), Mahc Inc reported a deficit of $28K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $1.6M in assets (debt-to-asset ratio: 62.6%), resulting in net assets of $603K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $129K | $1.6M | $1.0M | — | View 990 |
| 2022 | $130K | $124K | $1.7M | $1.1M | — | View 990 |
| 2021 | $95K | $80K | $1.9M | $1.1M | — | — |
| 2020 | $95K | $82K | $1.9M | $1.1M | — | — |
| 2019 | $95K | $89K | $2.0M | $1.2M | — | View 990 |
| 2018 | $77K | $65K | $2.0M | $1.2M | — | View 990 |
| 2017 | $81K | $54K | $1.3M | $556K | — | View 990 |
| 2016 | $81K | $57K | $1.2M | $447K | — | View 990 |
| 2015 | $23K | $0 | $1.2M | $497K | — | View 990 |
| 2014 | $13K | $0 | $1.2M | $547K | — | View 990 |
| 2013 | $15K | $0 | $1.3M | $592K | — | View 990 |
| 2012 | $27K | $0 | $1.3M | $637K | — | View 990 |
| 2011 | $22K | $6K | $1.3M | $671K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $129K, and assets of $1.6M (revenue -22.4% year-over-year).
- 2022: Revenue of $130K, expenses of $124K, and assets of $1.7M (revenue +37.0% year-over-year).
- 2021: Revenue of $95K, expenses of $80K, and assets of $1.9M (revenue +-0.0% year-over-year).
- 2020: Revenue of $95K, expenses of $82K, and assets of $1.9M (revenue +-0.0% year-over-year).
- 2019: Revenue of $95K, expenses of $89K, and assets of $2.0M (revenue +22.9% year-over-year).
- 2018: Revenue of $77K, expenses of $65K, and assets of $2.0M (revenue -4.8% year-over-year).
- 2017: Revenue of $81K, expenses of $54K, and assets of $1.3M (revenue +0.0% year-over-year).
- 2016: Revenue of $81K, expenses of $57K, and assets of $1.2M (revenue +252.9% year-over-year).
- 2015: Revenue of $23K, expenses of $0, and assets of $1.2M (revenue +83.1% year-over-year).
- 2014: Revenue of $13K, expenses of $0, and assets of $1.2M (revenue -16.3% year-over-year).
- 2013: Revenue of $15K, expenses of $0, and assets of $1.3M (revenue -44.5% year-over-year).
- 2012: Revenue of $27K, expenses of $0, and assets of $1.3M (revenue +23.9% year-over-year).
- 2011: Revenue of $22K, expenses of $6K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mahc Inc:
Data Sources and Methodology
This transparency report for Mahc 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.