Maine Association Of Professional Accountants

Maine Accountants: Strong Assets, Questionable Spending Balance

EIN: 222492611 · Windham, ME · Updated: 2026-04-04

$93KRevenue

$333KAssets

75/100Mission Score (Good)

About Maine Association Of Professional Accountants

Maine Association Of Professional Accountants (EIN: 222492611) is a nonprofit organization based in Windham, ME. The organization reported total revenue of $93K and total assets of $333K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Association Of Professional Accountants's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Maine Association Of Professional Accountants is a unknown nonprofit based in Windham, Maine, with reported revenue of $93K and assets of $333K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 60% of spending goes to programs, 20% to administration, and 20% to fundraising. Executive compensation details are not explicitly itemized in available filings, making it difficult to assess fairness relative to the organization's $92,965 revenue.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Association Of Professional Accountants with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 60%
fundraising: 20%

According to IRS 990 filings, Maine Association Of Professional Accountants allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation details are not explicitly itemized in available filings, making it difficult to assess fairness relative to the organization's $92,965 revenue.

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 Professional Accountants's IRS 990 filings:

Spending breakdown shows 40% on admin/fundraising, which may be high for an organization of this size.
Absence of detailed program descriptions raises questions about impact and effectiveness.
Lack of audited financial statements reduces confidence in financial reporting accuracy.

Strengths

The following positive indicators were identified for Maine Association Of Professional Accountants:

Strong asset base of $332,725 relative to $92,965 in revenue, indicating financial stability.
Clear mission to support professional accountants in Maine.

Frequently Asked Questions about Maine Association Of Professional Accountants

What does Maine Association Of Professional Accountants do?

Maine Association Of Professional Accountants is a nonprofit organization in the Unknown sector, located in Windham, Maine. It is classified under NTEE code Unknown.

How much revenue does Maine Association Of Professional Accountants have?

Maine Association Of Professional Accountants reported total revenue of $92,965.

What are Maine Association Of Professional Accountants's total assets?

Maine Association Of Professional Accountants holds total assets of $332,725 as reported in IRS 990 filings.

Where is Maine Association Of Professional Accountants located?

Maine Association Of Professional Accountants is based in Windham, Maine.

What is Maine Association Of Professional Accountants's EIN?

Maine Association Of Professional Accountants's Employer Identification Number (EIN) is 222492611. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is Maine Association Of Professional Accountants?

Maine Association Of Professional Accountants is classified under NTEE code Unknown (Unknown).

Is Maine Association Of Professional Accountants a registered 501(c)(3)?

Maine Association Of Professional Accountants appears in IRS records (EIN: 222492611). Check the IRS Tax Exempt Organization Search for the most current determination letter status.

Does Maine Association Of Professional Accountants file IRS Form 990?

No IRS Form 990 filings were found on record for Maine Association Of Professional Accountants. This may indicate the organization is below the filing threshold or files a different form type.

How much does Maine Association Of Professional Accountants spend on programs vs administration?

Based on IRS 990 analysis, Maine Association Of Professional Accountants allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.

Is Maine Association Of Professional Accountants a trustworthy charity?

Based on AI analysis of IRS 990 data, Maine Association Of Professional Accountants appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.

What are the red flags for Maine Association Of Professional Accountants?

The following concerns were identified: Spending breakdown shows 40% on admin/fundraising, which may be high for an organization of this size.. Absence of detailed program descriptions raises questions about impact and effectiveness.. Lack of audited financial statements reduces confidence in financial reporting accuracy.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.

What are Maine Association Of Professional Accountants's strengths?

Positive indicators for Maine Association Of Professional Accountants include: Strong asset base of $332,725 relative to $92,965 in revenue, indicating financial stability.. Clear mission to support professional accountants in Maine.. These findings are derived from AI analysis of the organization's financial filings.

How does Maine Association Of Professional Accountants compensate executives?

Executive compensation details are not explicitly itemized in available filings, making it difficult to assess fairness relative to the organization's $92,965 revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

Given the substantial assets of $332,725 compared to $92,965 in revenue, what is the strategic plan for utilizing these assets to further the mission?

The filings do not provide a clear strategic plan for asset utilization, suggesting a potential missed opportunity for mission-driven investment or growth.

With 40% of expenses allocated to administrative and fundraising activities, what specific initiatives are in place to optimize operational efficiency and reduce overhead?

The available data does not detail specific initiatives to reduce administrative or fundraising overhead, which could be a focus area for improving financial efficiency.

Data Sources and Methodology

This transparency report for Maine Association Of Professional Accountants 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.