Maine Association Of Broadcasters
Maine Association Of Broadcasters consistently maintains financial stability with growing assets and no reported officer compensation.
EIN: 10338987 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $683K |
| Total Expenses | $334K |
| Program Spending | 85% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Maine Association Of Broadcasters Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Association Of Broadcasters directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Association Of Broadcasters
Maine Association Of Broadcasters (EIN: 10338987) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $683K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Association Of Broadcasters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Association Of Broadcasters is a small nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $334K |
| Surplus / Deficit | +$34K |
| Total Assets | $1.3M |
| Total Liabilities | $13K |
| Net Assets | $1.3M |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 47.9 months |
Financial Health Grade: A
In 2023, Maine Association Of Broadcasters reported a surplus of $34K with revenue exceeding expenses, holds 47.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Maine Association Of Broadcasters's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +109.9% | +113.2% | +13.5% |
| 2022 | -47.9% | -37.8% | -12.6% |
| 2021 | +13.4% | -9.2% | +12.2% |
| 2020 | -14.8% | +5.5% | +5.6% |
| 2019 | +20.1% | -5.4% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
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 Association Of Broadcasters 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: 85%
- fundraising: 5%
According to IRS 990 filings, Maine Association Of Broadcasters 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 $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation.
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 Association Of Broadcasters's IRS 990 filings:
- Lack of detailed program spending breakdown in summary data
- Revenue fluctuates significantly year-to-year, potentially indicating reliance on variable funding sources
Strengths
The following positive indicators were identified for Maine Association Of Broadcasters:
- Consistent financial surpluses, indicating sound management (e.g., $368,156 revenue vs. $333,805 expenses in 2023)
- Growing asset base over time (from $988,770 in 2015 to $1,332,285 in 2023)
- Very low liabilities, demonstrating strong financial health (e.g., $13,118 in 2023)
- No reported officer compensation, suggesting efficient use of funds for mission
- Consistent filing history, indicating transparency and compliance
Frequently Asked Questions about Maine Association Of Broadcasters
Is Maine Association Of Broadcasters a legitimate charity?
Maine Association Of Broadcasters (EIN: 10338987) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $683K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Maine Association Of Broadcasters spend its money?
Maine Association Of Broadcasters directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Association Of Broadcasters tax-deductible?
Maine Association Of Broadcasters is registered as a tax-exempt nonprofit (EIN: 10338987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Association Of Broadcasters's spending goes to programs?
Maine Association Of Broadcasters directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Association Of Broadcasters located?
Maine Association Of Broadcasters is headquartered in Portland, Maine and files with the IRS under EIN 10338987.
How many years of IRS 990 filings does Maine Association Of Broadcasters have?
Maine Association Of Broadcasters 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 $683K in total revenue.
How does the organization manage to operate without officer compensation?
The IRS 990 data consistently shows 0% officer compensation, suggesting a volunteer-led executive structure or that executive roles are compensated through other means not classified as officer compensation on the 990 form. This is a notable aspect of their financial model.
What are the primary sources of revenue for the organization given the fluctuations?
The provided data shows revenue fluctuations (e.g., $485,727 in 2014 vs. $175,404 in 2022). Without detailed 990 schedules, it's difficult to pinpoint specific sources, but common sources for associations include membership dues, event fees, and sponsorships.
What specific programs does the Maine Association Of Broadcasters fund?
The provided summary data does not detail specific programs. To understand their programmatic impact, one would need to review the full IRS 990, specifically Schedule O and Part III, Statement of Program Service Accomplishments.
Filing History
IRS 990 filing history for Maine Association Of Broadcasters showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Maine Association Of Broadcasters's revenue has declined by 1.6%, moving from $374K to $368K. Total assets increased by 73.7% over the same period, from $767K to $1.3M. Total functional expenses fell by 1.2%, from $338K to $334K. In its most recent filing year (2023), Maine Association Of Broadcasters reported a surplus of $34K, with revenue exceeding expenses. The organization holds $13K in liabilities against $1.3M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $334K | $1.3M | $13K | — | View 990 |
| 2022 | $175K | $157K | $1.2M | $8K | — | View 990 |
| 2021 | $337K | $252K | $1.3M | $13K | — | View 990 |
| 2020 | $297K | $277K | $1.2M | $11K | — | — |
| 2019 | $348K | $263K | $1.1M | $27K | — | View 990 |
| 2018 | $290K | $278K | $981K | $27K | — | View 990 |
| 2017 | $320K | $344K | $1.1M | $26K | — | View 990 |
| 2016 | $243K | $260K | $997K | $9K | — | View 990 |
| 2015 | $339K | $303K | $989K | $9K | — | View 990 |
| 2014 | $486K | $351K | $1.0M | $8K | — | View 990 |
| 2013 | $423K | $302K | $934K | $23K | — | View 990 |
| 2012 | $124K | $129K | $770K | $13K | — | View 990 |
| 2012 | $374K | $338K | $767K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $368K, expenses of $334K, and assets of $1.3M (revenue +109.9% year-over-year).
- 2022: Revenue of $175K, expenses of $157K, and assets of $1.2M (revenue -47.9% year-over-year).
- 2021: Revenue of $337K, expenses of $252K, and assets of $1.3M (revenue +13.4% year-over-year).
- 2020: Revenue of $297K, expenses of $277K, and assets of $1.2M (revenue -14.8% year-over-year).
- 2019: Revenue of $348K, expenses of $263K, and assets of $1.1M (revenue +20.1% year-over-year).
- 2018: Revenue of $290K, expenses of $278K, and assets of $981K (revenue -9.5% year-over-year).
- 2017: Revenue of $320K, expenses of $344K, and assets of $1.1M (revenue +32.1% year-over-year).
- 2016: Revenue of $243K, expenses of $260K, and assets of $997K (revenue -28.4% year-over-year).
- 2015: Revenue of $339K, expenses of $303K, and assets of $989K (revenue -30.3% year-over-year).
- 2014: Revenue of $486K, expenses of $351K, and assets of $1.0M (revenue +14.9% year-over-year).
- 2013: Revenue of $423K, expenses of $302K, and assets of $934K (revenue +239.8% year-over-year).
- 2012: Revenue of $124K, expenses of $129K, and assets of $770K (revenue -66.7% year-over-year).
- 2012: Revenue of $374K, expenses of $338K, and assets of $767K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Association Of Broadcasters:
Data Sources and Methodology
This transparency report for Maine Association Of Broadcasters 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.