Maine Adaptive Sports & Recreation
Maine Adaptive Sports & Recreation consistently operates with strong financial health and no reported officer compensation.
EIN: 10388818 · Newry, ME · NTEE: N68Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $845K |
| Program Spending | 85% |
| Net Assets | $1.3M |
| Transparency Score | 92/100 |
Is Maine Adaptive Sports & Recreation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Adaptive Sports & Recreation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Adaptive Sports & Recreation
Maine Adaptive Sports & Recreation (EIN: 10388818) is a nonprofit organization based in Newry, ME, classified under NTEE code N68Z. The organization reported total revenue of $1.4M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Adaptive Sports & Recreation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Adaptive Sports & Recreation is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $871K |
| Total Expenses | $845K |
| Surplus / Deficit | +$26K |
| Total Assets | $1.5M |
| Total Liabilities | $138K |
| Net Assets | $1.3M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2023, Maine Adaptive Sports & Recreation reported a surplus of $26K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Adaptive Sports & Recreation's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.2% | +5.9% | +35.6% |
| 2022 | -18.6% | +30.5% | -21.9% |
| 2021 | +47.9% | -14.6% | +13.6% |
| 2020 | -24.9% | +34.6% | -13.2% |
| 2019 | -2.7% | -29.9% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Adaptive Sports & Recreation with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Maine Adaptive Sports & Recreation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for directing funds to programs.
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 Maine Adaptive Sports & Recreation:
- Consistent 0% officer compensation reported across all filings, maximizing program funding.
- Healthy asset growth from $1,192,968 in 2014 to $1,487,676 in 2023.
- Generally positive revenue-to-expense ratio, with revenue exceeding expenses in most recent years (e.g., 202306: Revenue=$870,660, Expenses=$844,504).
- Low to zero liabilities reported in many periods, indicating strong financial stability.
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency.
Frequently Asked Questions about Maine Adaptive Sports & Recreation
Is Maine Adaptive Sports & Recreation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Adaptive Sports & Recreation (EIN: 10388818) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Maine Adaptive Sports & Recreation spend its money?
Maine Adaptive Sports & Recreation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Adaptive Sports & Recreation tax-deductible?
Maine Adaptive Sports & Recreation is registered as a tax-exempt nonprofit (EIN: 10388818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Adaptive Sports & Recreation's spending goes to programs?
Maine Adaptive Sports & Recreation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Adaptive Sports & Recreation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Maine Adaptive Sports & Recreation 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 Maine Adaptive Sports & Recreation located?
Maine Adaptive Sports & Recreation is headquartered in Newry, Maine and files with the IRS under EIN 10388818. It is classified under NTEE code N68Z.
How many years of IRS 990 filings does Maine Adaptive Sports & Recreation have?
Maine Adaptive Sports & Recreation 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 $1.4M in total revenue.
Is Maine Adaptive Sports & Recreation a good charity?
Based on its financial data, Maine Adaptive Sports & Recreation appears to be a very good charity. It consistently reports 0% officer compensation, maintains healthy asset levels, and generally manages expenses within or below revenue, indicating strong financial stewardship and a focus on its mission.
How has Maine Adaptive Sports & Recreation's revenue trended?
Maine Adaptive Sports & Recreation's revenue has shown growth and fluctuation, with the latest reported revenue of $870,660 in 2023 being higher than most previous years, indicating a positive trend in fundraising or support.
What is the organization's asset growth like?
The organization's assets have shown consistent growth, increasing from $1,192,968 in 2014 to $1,487,676 in 2023, demonstrating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Maine Adaptive Sports & Recreation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Adaptive Sports & Recreation's revenue has grown by 66.2%, moving from $524K to $871K. Total assets increased by 71.4% over the same period, from $868K to $1.5M. Total functional expenses rose by 73.1%, from $488K to $845K. In its most recent filing year (2023), Maine Adaptive Sports & Recreation reported a surplus of $26K, with revenue exceeding expenses. The organization holds $138K in liabilities against $1.5M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $871K | $845K | $1.5M | $138K | — | View 990 |
| 2022 | $634K | $798K | $1.1M | $0 | — | View 990 |
| 2021 | $779K | $611K | $1.4M | $0 | — | View 990 |
| 2020 | $527K | $716K | $1.2M | $0 | — | View 990 |
| 2019 | $702K | $532K | $1.4M | $0 | — | View 990 |
| 2018 | $721K | $759K | $1.3M | $0 | — | View 990 |
| 2017 | $661K | $663K | $1.3M | $0 | — | View 990 |
| 2016 | $563K | $565K | $1.2M | $0 | — | View 990 |
| 2015 | $789K | $635K | $1.2M | $0 | — | View 990 |
| 2014 | $749K | $575K | $1.2M | $0 | — | View 990 |
| 2013 | $592K | $626K | $993K | $0 | — | View 990 |
| 2012 | $629K | $557K | $971K | $0 | — | View 990 |
| 2011 | $524K | $488K | $868K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $871K, expenses of $845K, and assets of $1.5M (revenue +37.2% year-over-year).
- 2022: Revenue of $634K, expenses of $798K, and assets of $1.1M (revenue -18.6% year-over-year).
- 2021: Revenue of $779K, expenses of $611K, and assets of $1.4M (revenue +47.9% year-over-year).
- 2020: Revenue of $527K, expenses of $716K, and assets of $1.2M (revenue -24.9% year-over-year).
- 2019: Revenue of $702K, expenses of $532K, and assets of $1.4M (revenue -2.7% year-over-year).
- 2018: Revenue of $721K, expenses of $759K, and assets of $1.3M (revenue +9.1% year-over-year).
- 2017: Revenue of $661K, expenses of $663K, and assets of $1.3M (revenue +17.4% year-over-year).
- 2016: Revenue of $563K, expenses of $565K, and assets of $1.2M (revenue -28.7% year-over-year).
- 2015: Revenue of $789K, expenses of $635K, and assets of $1.2M (revenue +5.4% year-over-year).
- 2014: Revenue of $749K, expenses of $575K, and assets of $1.2M (revenue +26.5% year-over-year).
- 2013: Revenue of $592K, expenses of $626K, and assets of $993K (revenue -5.9% year-over-year).
- 2012: Revenue of $629K, expenses of $557K, and assets of $971K (revenue +20.0% year-over-year).
- 2011: Revenue of $524K, expenses of $488K, and assets of $868K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Adaptive Sports & Recreation:
Data Sources and Methodology
This transparency report for Maine Adaptive Sports & Recreation 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.