Maine Academic Decathlon
Maine Academic Decathlon reports zero revenue and assets in its latest filing, operating on a minimal, volunteer-driven budget.
EIN: 10539282 · Monmouth, ME · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $8K |
| Program Spending | 90% |
| Net Assets | $2K |
| Transparency Score | 85/100 |
Is Maine Academic Decathlon Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Academic Decathlon directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Academic Decathlon
Maine Academic Decathlon (EIN: 10539282) is a nonprofit organization based in Monmouth, ME, classified under NTEE code B90. 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 Maine Academic Decathlon's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Academic Decathlon is a micro nonprofit that has been operating for 25 years, with 3 years of IRS 990 filings on record (2013–2016). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $8K |
| Surplus / Deficit | +$2K |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 20.7% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2016, Maine Academic Decathlon reported a surplus of $2K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2013–2016), Maine Academic Decathlon's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +26.3% | +0.1% | +1049.2% |
| 2015 | -16.4% | -15.1% | -86.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
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 Maine Academic Decathlon 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Maine Academic Decathlon allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is entirely volunteer-run and does not allocate any funds to officer salaries, which is highly efficient for an organization of its 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 Maine Academic Decathlon's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential operational cessation or severe financial distress.
- Extremely small budget (historically under $10,000 revenue) limits program scope and sustainability.
Strengths
The following positive indicators were identified for Maine Academic Decathlon:
- 100% volunteer-run with 0% officer compensation, demonstrating high efficiency.
- Historically, expenses closely matched revenue, indicating responsible spending and minimal waste (e.g., $7,902 expenses on $9,969 revenue in 201606).
- No reported liabilities across all filings, suggesting sound financial management for its size.
Frequently Asked Questions about Maine Academic Decathlon
Is Maine Academic Decathlon a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Academic Decathlon (EIN: 10539282) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Maine Academic Decathlon spend its money?
Maine Academic Decathlon directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Academic Decathlon tax-deductible?
Maine Academic Decathlon is registered as a tax-exempt nonprofit (EIN: 10539282). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Maine Academic Decathlon compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maine Academic Decathlon is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Academic Decathlon located?
Maine Academic Decathlon is headquartered in Monmouth, Maine and files with the IRS under EIN 10539282. It is classified under NTEE code B90.
How many years of IRS 990 filings does Maine Academic Decathlon have?
Maine Academic Decathlon has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Maine Academic Decathlon a good charity?
Based on its financial filings, Maine Academic Decathlon appears to be a very efficient, volunteer-run charity with no officer compensation. Its historical spending closely matched revenue, indicating a focus on its mission. However, its current financial state of $0 revenue and assets raises concerns about its ongoing operational capacity.
How does Maine Academic Decathlon fund its operations?
Historically, Maine Academic Decathlon has funded its operations through modest revenues, typically under $10,000 per year (e.g., $9,969 in 201606, $7,893 in 201506). The latest filing shows $0 revenue, suggesting a potential pause in operations or a significant change in funding model.
What is the risk of donating to Maine Academic Decathlon?
The primary risk of donating to Maine Academic Decathlon is its current financial instability, with $0 revenue and assets reported in its latest filing. While historically efficient, there's uncertainty about its current operational status and ability to utilize new funds effectively.
Filing History
IRS 990 filing history for Maine Academic Decathlon showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2016), Maine Academic Decathlon's revenue has grown by 5.6%, moving from $9K to $10K. Total assets increased by 56.2% over the same period, from $1K to $2K. Total functional expenses fell by 15%, from $9K to $8K. In its most recent filing year (2016), Maine Academic Decathlon reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $10K | $8K | $2K | $0 | — | View 990 |
| 2015 | $8K | $8K | $197 | $0 | — | View 990 |
| 2013 | $9K | $9K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $10K, expenses of $8K, and assets of $2K (revenue +26.3% year-over-year).
- 2015: Revenue of $8K, expenses of $8K, and assets of $197 (revenue -16.4% year-over-year).
- 2013: Revenue of $9K, expenses of $9K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Academic Decathlon:
Data Sources and Methodology
This transparency report for Maine Academic Decathlon 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.