Maine Association Of Realtors
Maine Association Of Realtors consistently grows assets and revenue with zero reported liabilities.
EIN: 10269301 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Program Spending | 75% |
| Net Assets | $5.9M |
| Transparency Score | 85/100 |
Is Maine Association Of Realtors 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 Realtors directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Association Of Realtors
Maine Association Of Realtors (EIN: 10269301) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $1.9M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Association Of Realtors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Association Of Realtors is a mid-size nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$422K |
| Total Assets | $5.9M |
| Net Assets | $5.9M |
| Operating Margin | 23.1% |
| Months of Reserves | 50.4 months |
Financial Health Grade: A
In 2023, Maine Association Of Realtors reported a surplus of $422K with revenue exceeding expenses, holds 50.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Maine Association Of Realtors's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +4.9% | +7.7% |
| 2022 | +9.5% | +35.7% | +6.7% |
| 2021 | +9.7% | +3.2% | +12.0% |
| 2020 | -9.2% | -12.7% | +10.7% |
| 2019 | +3.1% | -5.1% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
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 Realtors 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Maine Association Of Realtors allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $422K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which suggests either that no officers receive compensation or that compensation is reported under other categories, requiring further investigation for a complete picture.
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 Realtors's IRS 990 filings:
- Lack of detailed spending breakdown in provided data
- Unclear if 0% officer compensation means no executive pay or if it's reported elsewhere
Strengths
The following positive indicators were identified for Maine Association Of Realtors:
- Consistent revenue growth (e.g., $1,199,720 in 2014 to $1,826,950 in 2023)
- Significant and consistent asset accumulation (e.g., $2,528,733 in 2014 to $5,899,825 in 2023)
- Zero reported liabilities across all filings, indicating strong financial health
- Expenses consistently well below revenue, leading to healthy surpluses
- Strong financial stability and low financial risk
Frequently Asked Questions about Maine Association Of Realtors
Is Maine Association Of Realtors a legitimate charity?
Maine Association Of Realtors (EIN: 10269301) 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: $1.9M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Maine Association Of Realtors spend its money?
Maine Association Of Realtors directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Maine Association Of Realtors tax-deductible?
Maine Association Of Realtors is registered as a tax-exempt nonprofit (EIN: 10269301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Association Of Realtors's spending goes to programs?
Maine Association Of Realtors directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Association Of Realtors located?
Maine Association Of Realtors is headquartered in Augusta, Maine and files with the IRS under EIN 10269301.
How many years of IRS 990 filings does Maine Association Of Realtors have?
Maine Association Of Realtors 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 $1.9M in total revenue.
What are the specific program activities funded by the Maine Association Of Realtors?
The provided data does not detail specific program activities, only financial aggregates. Further review of their full IRS 990 or website would be needed.
How does the Maine Association Of Realtors manage to consistently report zero liabilities?
Consistently reporting zero liabilities indicates strong cash flow management and a conservative financial approach, avoiding debt and ensuring obligations are met promptly.
Is the 0% officer compensation truly reflective of no executive pay, or is it reported elsewhere?
While the filings state 0% officer compensation, it's common for executive pay to be reported under other expense categories (e.g., salaries) if they are not considered 'officers' in the IRS definition or if their compensation is below a certain threshold. Further detail from the full 990 would clarify this.
Filing History
IRS 990 filing history for Maine Association Of Realtors showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Association Of Realtors's revenue has grown by 52.6%, moving from $1.2M to $1.8M. Total assets increased by 129.7% over the same period, from $2.6M to $5.9M. Total functional expenses rose by 20%, from $1.2M to $1.4M. In its most recent filing year (2023), Maine Association Of Realtors reported a surplus of $422K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.4M | $5.9M | $0 | — | View 990 |
| 2022 | $1.7M | $1.3M | $5.5M | $0 | — | View 990 |
| 2021 | $1.5M | $987K | $5.1M | $0 | — | View 990 |
| 2020 | $1.4M | $956K | $4.6M | $0 | — | — |
| 2019 | $1.5M | $1.1M | $4.1M | $0 | — | View 990 |
| 2018 | $1.5M | $1.2M | $3.7M | $0 | — | View 990 |
| 2017 | $1.4M | $1.1M | $3.4M | $0 | — | View 990 |
| 2016 | $1.4M | $1.1M | $3.0M | $0 | — | View 990 |
| 2015 | $1.3M | $1.2M | $2.7M | $682 | — | View 990 |
| 2014 | $1.2M | $1.1M | $2.5M | $0 | — | View 990 |
| 2013 | $1.1M | $1.1M | $2.5M | $0 | — | View 990 |
| 2012 | $1.1M | $1.3M | $2.4M | $2K | — | View 990 |
| 2011 | $1.2M | $1.2M | $2.6M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.4M, and assets of $5.9M (revenue +8.7% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.3M, and assets of $5.5M (revenue +9.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $987K, and assets of $5.1M (revenue +9.7% year-over-year).
- 2020: Revenue of $1.4M, expenses of $956K, and assets of $4.6M (revenue -9.2% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.1M, and assets of $4.1M (revenue +3.1% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.2M, and assets of $3.7M (revenue +7.1% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.1M, and assets of $3.4M (revenue +0.4% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.1M, and assets of $3.0M (revenue +3.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $2.7M (revenue +11.6% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $2.5M (revenue +5.9% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $2.5M (revenue +5.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.3M, and assets of $2.4M (revenue -10.5% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Association Of Realtors:
Data Sources and Methodology
This transparency report for Maine Association Of Realtors 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.