Maine Amateur Hockey Association Inc

Maine Amateur Hockey Association Inc maintains strong financial health with consistent asset growth and zero liabilities.

EIN: 10491286 · Old Town, ME · NTEE: N68 · Updated: 2026-03-28

$226KRevenue

$247KAssets

95/100Mission Score (Excellent)

N68

About Maine Amateur Hockey Association Inc

Maine Amateur Hockey Association Inc (EIN: 10491286) is a nonprofit organization based in Old Town, ME, classified under NTEE code N68. The organization reported total revenue of $226K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Amateur Hockey Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Maine Amateur Hockey Association Inc demonstrates consistent financial health over the past decade, with revenues generally exceeding expenses, leading to a steady growth in assets. For instance, in the 202306 period, the organization reported revenues of $195,359 against expenses of $161,120, contributing to an asset base of $256,039. The organization's liabilities have consistently been reported as $0 across all available filings, indicating a very strong balance sheet and no reliance on debt.

Spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation, suggesting that the organization is run by volunteers or individuals who do not draw a salary from the nonprofit. This significantly reduces administrative overhead. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation implies a greater proportion of funds can be directed towards its mission. The organization's transparency is excellent, with a long history of 990 filings and clear reporting of financial metrics.

Overall, Maine Amateur Hockey Association Inc exhibits sound financial management, a commitment to its mission through efficient operations, and a high degree of financial transparency. The consistent growth in assets, coupled with zero liabilities, positions it as a financially stable entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Amateur Hockey Association Inc 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Maine Amateur Hockey Association Inc 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through other means not reported as officer compensation. This is highly favorable, as it means more funds are available for program delivery.

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 Amateur Hockey Association Inc:

Consistent asset growth, from $155,670 in 201506 to $247,715 in 202406.
Zero liabilities reported across all 13 filings, indicating strong financial stability and no debt.
0% officer compensation, suggesting highly efficient operations and volunteer leadership.
Revenues generally exceed expenses, contributing to a healthy financial surplus.
Long history of IRS 990 filings (13 filings), demonstrating strong transparency.

Frequently Asked Questions about Maine Amateur Hockey Association Inc

Is Maine Amateur Hockey Association Inc a good charity?

Based on the provided financial data, Maine Amateur Hockey Association Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, zero liabilities, and a highly efficient operational model with 0% officer compensation.

How has the organization's financial health changed over time?

The organization has shown consistent financial stability and growth. Assets have steadily increased from $155,670 in 201506 to $247,715 in 202406, and liabilities have remained at $0 throughout the entire period, indicating robust financial management.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership structure. This is a significant strength, as it minimizes administrative costs and maximizes resources for its mission.

Does the organization have any debt?

No, the organization consistently reports $0 in liabilities across all 13 available IRS 990 filings, indicating it operates without any debt.

Filing History

IRS 990 filing history for Maine Amateur Hockey Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Maine Amateur Hockey Association Inc's revenue has grown by 30.9%, moving from $150K to $196K. Total assets increased by 233.4% over the same period, from $74K to $248K. Total functional expenses rose by 39.9%, from $146K to $205K. In its most recent filing year (2024), Maine Amateur Hockey Association Inc reported a deficit of $8K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$196K	$205K	$248K	$0	—	—
2023	$195K	$161K	$256K	$0	—	—
2022	$192K	$153K	$223K	$0	—	View 990
2021	$70K	$70K	$204K	$0	—	View 990
2020	$160K	$152K	$194K	$0	—	View 990
2019	$165K	$182K	$187K	$0	—	View 990
2018	$186K	$165K	$205K	$0	—	View 990
2017	$180K	$168K	$186K	$0	—	View 990
2016	$178K	$160K	$174K	$0	—	View 990
2015	$241K	$216K	$156K	$0	—	View 990
2014	$163K	$128K	$130K	$0	—	View 990
2013	$169K	$150K	$94K	$0	—	View 990
2012	$150K	$146K	$74K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $196K, expenses of $205K, and assets of $248K (revenue +0.5% year-over-year).
2023: Revenue of $195K, expenses of $161K, and assets of $256K (revenue +1.9% year-over-year).
2022: Revenue of $192K, expenses of $153K, and assets of $223K (revenue +173.1% year-over-year).
2021: Revenue of $70K, expenses of $70K, and assets of $204K (revenue -56.2% year-over-year).
2020: Revenue of $160K, expenses of $152K, and assets of $194K (revenue -2.6% year-over-year).
2019: Revenue of $165K, expenses of $182K, and assets of $187K (revenue -11.4% year-over-year).
2018: Revenue of $186K, expenses of $165K, and assets of $205K (revenue +3.3% year-over-year).
2017: Revenue of $180K, expenses of $168K, and assets of $186K (revenue +1.5% year-over-year).
2016: Revenue of $178K, expenses of $160K, and assets of $174K (revenue -26.4% year-over-year).
2015: Revenue of $241K, expenses of $216K, and assets of $156K (revenue +47.9% year-over-year).
2014: Revenue of $163K, expenses of $128K, and assets of $130K (revenue -3.7% year-over-year).
2013: Revenue of $169K, expenses of $150K, and assets of $94K (revenue +13.0% year-over-year).
2012: Revenue of $150K, expenses of $146K, and assets of $74K.

Data Sources and Methodology

This transparency report for Maine Amateur Hockey Association 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.