Main Jr Black Bears
Main Jr Black Bears consistently grows assets with zero officer compensation and no liabilities.
EIN: 10494454 · Bangor, ME · NTEE: N68Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $306K |
| Total Expenses | $236K |
| Program Spending | 90% |
| Net Assets | $220K |
| Transparency Score | 95/100 |
Is Main Jr Black Bears Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Main Jr Black Bears directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Main Jr Black Bears
Main Jr Black Bears (EIN: 10494454) is a nonprofit organization based in Bangor, ME, classified under NTEE code N68Z. The organization reported total revenue of $306K and total assets of $254K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Main Jr Black Bears's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Main Jr Black Bears is a small nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $236K |
| Surplus / Deficit | +$11K |
| Total Assets | $220K |
| Net Assets | $220K |
| Operating Margin | 4.5% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2024, Main Jr Black Bears reported a surplus of $11K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Main Jr Black Bears's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.1% | +19.9% | +5.3% |
| 2023 | -25.6% | +17.1% | +8.4% |
| 2022 | +79.2% | +57.2% | +156.7% |
| 2021 | -8.6% | -32.0% | +233.2% |
| 2020 | -9.0% | -25.2% | +324.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
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 Main Jr Black Bears with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Main Jr Black Bears allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive sign, suggesting that all leadership roles are likely volunteer-based, allowing more funds to be directed towards the organization's 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.
Strengths
The following positive indicators were identified for Main Jr Black Bears:
- Consistent asset growth, increasing from $22,504 in 2020 to $219,563 in 2024.
- Zero reported liabilities across all filing periods, indicating strong financial stability.
- 0% officer compensation, ensuring funds are directed to programs.
- Consistent positive net income in recent years (e.g., $11,021 in 2024, $15,963 in 2023).
- Long history of IRS 990 filings (14 filings), demonstrating transparency.
Frequently Asked Questions about Main Jr Black Bears
Is Main Jr Black Bears a legitimate charity?
Main Jr Black Bears (EIN: 10494454) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $306K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Main Jr Black Bears spend its money?
Main Jr Black Bears directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Main Jr Black Bears tax-deductible?
Main Jr Black Bears is registered as a tax-exempt nonprofit (EIN: 10494454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Main Jr Black Bears's spending goes to programs?
Main Jr Black Bears directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Main Jr Black Bears compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Main Jr Black Bears is above average for NTEE category N68Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Main Jr Black Bears located?
Main Jr Black Bears is headquartered in Bangor, Maine and files with the IRS under EIN 10494454. It is classified under NTEE code N68Z.
How many years of IRS 990 filings does Main Jr Black Bears have?
Main Jr Black Bears has 14 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 $306K in total revenue.
Is Main Jr Black Bears a good charity?
Based on the provided financial data, Main Jr Black Bears appears to be a very good charity. It consistently operates with a surplus, has grown its assets significantly (from $22,504 in 2020 to $219,563 in 2024), maintains zero liabilities, and reports 0% officer compensation, indicating strong financial health and a high dedication to its mission.
How has the organization's financial health changed over time?
Main Jr Black Bears has shown significant financial improvement and growth. While there were periods of expenses exceeding revenue in 2017-2019, the organization has consistently generated surpluses since 2020, leading to a substantial increase in assets from $22,504 in 2020 to $219,563 in 2024. This demonstrates a positive trend in financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This is an exceptional practice that maximizes the allocation of funds directly to programs and operations.
Filing History
IRS 990 filing history for Main Jr Black Bears showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Main Jr Black Bears's revenue has grown by 5.6%, moving from $233K to $247K. Total assets increased by 432.6% over the same period, from $41K to $220K. Total functional expenses rose by 2.7%, from $229K to $236K. In its most recent filing year (2024), Main Jr Black Bears reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $247K | $236K | $220K | $0 | — | — |
| 2023 | $212K | $196K | $209K | $0 | — | — |
| 2022 | $285K | $168K | $192K | $0 | — | View 990 |
| 2021 | $159K | $107K | $75K | $0 | — | — |
| 2020 | $174K | $157K | $23K | $0 | — | View 990 |
| 2019 | $192K | $210K | $5K | $0 | — | View 990 |
| 2018 | $233K | $293K | $24K | $0 | — | View 990 |
| 2017 | $287K | $307K | $93K | $0 | — | View 990 |
| 2016 | $275K | $219K | $113K | $0 | — | View 990 |
| 2015 | $277K | $270K | $57K | $0 | — | View 990 |
| 2014 | $226K | $179K | $51K | $0 | — | View 990 |
| 2013 | $93K | $97K | $4K | $0 | — | View 990 |
| 2012 | $258K | $216K | $69K | $0 | — | View 990 |
| 2011 | $233K | $229K | $41K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $247K, expenses of $236K, and assets of $220K (revenue +16.1% year-over-year).
- 2023: Revenue of $212K, expenses of $196K, and assets of $209K (revenue -25.6% year-over-year).
- 2022: Revenue of $285K, expenses of $168K, and assets of $192K (revenue +79.2% year-over-year).
- 2021: Revenue of $159K, expenses of $107K, and assets of $75K (revenue -8.6% year-over-year).
- 2020: Revenue of $174K, expenses of $157K, and assets of $23K (revenue -9.0% year-over-year).
- 2019: Revenue of $192K, expenses of $210K, and assets of $5K (revenue -17.7% year-over-year).
- 2018: Revenue of $233K, expenses of $293K, and assets of $24K (revenue -19.0% year-over-year).
- 2017: Revenue of $287K, expenses of $307K, and assets of $93K (revenue +4.6% year-over-year).
- 2016: Revenue of $275K, expenses of $219K, and assets of $113K (revenue -0.7% year-over-year).
- 2015: Revenue of $277K, expenses of $270K, and assets of $57K (revenue +22.4% year-over-year).
- 2014: Revenue of $226K, expenses of $179K, and assets of $51K (revenue +142.1% year-over-year).
- 2013: Revenue of $93K, expenses of $97K, and assets of $4K (revenue -63.8% year-over-year).
- 2012: Revenue of $258K, expenses of $216K, and assets of $69K (revenue +10.4% year-over-year).
- 2011: Revenue of $233K, expenses of $229K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Main Jr Black Bears:
Data Sources and Methodology
This transparency report for Main Jr Black Bears 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.