Maine Academy Of Natural Sciences
EIN: 455132214 · Hinckley, ME · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $3.0M |
| Net Assets | $1.2M |
Is Maine Academy Of Natural Sciences Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maine Academy Of Natural Sciences
Maine Academy Of Natural Sciences (EIN: 455132214) is a nonprofit organization based in Hinckley, ME, classified under NTEE code B20. The organization reported total revenue of $3.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Academy Of Natural Sciences's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Academy Of Natural Sciences is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-96,568 |
| Total Assets | $2.1M |
| Total Liabilities | $892K |
| Net Assets | $1.2M |
| Operating Margin | -3.4% |
| Debt-to-Asset Ratio | 43.4% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2023, Maine Academy Of Natural Sciences reported a deficit of $97K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 43.4% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Maine Academy Of Natural Sciences's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | -2.1% | +20.0% |
| 2022 | -26.7% | +3.3% | -12.5% |
| 2021 | +34.0% | +3.6% | +142.9% |
| 2020 | -0.5% | +7.2% | -26.9% |
| 2019 | +13.1% | -0.1% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maine Academy Of Natural Sciences has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Academy Of Natural Sciences with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $97K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.4%.
Frequently Asked Questions about Maine Academy Of Natural Sciences
Is Maine Academy Of Natural Sciences a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Academy Of Natural Sciences (EIN: 455132214) insufficient data. 0 red flags identified, 0 strengths noted.
How does Maine Academy Of Natural Sciences spend its money?
Detailed spending breakdown data is not yet available for Maine Academy Of Natural Sciences. Check back for updated IRS 990 analysis.
Are donations to Maine Academy Of Natural Sciences tax-deductible?
Maine Academy Of Natural Sciences is registered as a tax-exempt nonprofit (EIN: 455132214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maine Academy Of Natural Sciences located?
Maine Academy Of Natural Sciences is headquartered in Hinckley, Maine and files with the IRS under EIN 455132214. It is classified under NTEE code B20.
How many years of IRS 990 filings does Maine Academy Of Natural Sciences have?
Maine Academy Of Natural Sciences has 11 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 $3.2M in total revenue.
Filing History
IRS 990 filing history for Maine Academy Of Natural Sciences showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Maine Academy Of Natural Sciences's revenue has grown by 325.8%, moving from $675K to $2.9M. Total assets increased by 2714.4% over the same period, from $73K to $2.1M. Total functional expenses rose by 340.1%, from $675K to $3.0M. In its most recent filing year (2023), Maine Academy Of Natural Sciences reported a deficit of $97K, with expenses exceeding revenue. The organization holds $892K in liabilities against $2.1M in assets (debt-to-asset ratio: 43.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.0M | $2.1M | $892K | — | View 990 |
| 2022 | $2.8M | $3.0M | $1.7M | $453K | — | View 990 |
| 2021 | $3.9M | $2.9M | $2.0M | $502K | — | — |
| 2020 | $2.9M | $2.8M | $807K | $283K | — | View 990 |
| 2019 | $2.9M | $2.6M | $1.1M | $634K | — | View 990 |
| 2018 | $2.6M | $2.6M | $974K | $763K | — | View 990 |
| 2017 | $2.2M | $2.0M | $542K | $251K | — | View 990 |
| 2016 | $1.6M | $1.6M | $416K | $361K | — | View 990 |
| 2015 | $1.3M | $1.3M | $378K | $378K | — | View 990 |
| 2014 | $961K | $961K | $209K | $209K | — | View 990 |
| 2013 | $675K | $675K | $73K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.0M, and assets of $2.1M (revenue +1.3% year-over-year).
- 2022: Revenue of $2.8M, expenses of $3.0M, and assets of $1.7M (revenue -26.7% year-over-year).
- 2021: Revenue of $3.9M, expenses of $2.9M, and assets of $2.0M (revenue +34.0% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.8M, and assets of $807K (revenue -0.5% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.6M, and assets of $1.1M (revenue +13.1% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.6M, and assets of $974K (revenue +15.7% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.0M, and assets of $542K (revenue +38.3% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.6M, and assets of $416K (revenue +26.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $378K (revenue +32.2% year-over-year).
- 2014: Revenue of $961K, expenses of $961K, and assets of $209K (revenue +42.3% year-over-year).
- 2013: Revenue of $675K, expenses of $675K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Academy Of Natural Sciences:
Data Sources and Methodology
This transparency report for Maine Academy Of Natural Sciences 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.