Maine Association Of School Libraries
Maine Association Of School Libraries reported $0 revenue and assets in its latest filing, with a $12,263 deficit in its last available 2013 filing.
EIN: 10494008 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $25K |
| Program Spending | 75% |
| Net Assets | $62K |
| Transparency Score | 40/100 |
Is Maine Association Of School Libraries Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Association Of School Libraries directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Association Of School Libraries
Maine Association Of School Libraries (EIN: 10494008) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Association Of School Libraries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Association Of School Libraries is a micro nonprofit that has been operating for 31 years.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $25K |
| Surplus / Deficit | $-12,263 |
| Total Assets | $63K |
| Total Liabilities | $117 |
| Net Assets | $62K |
| Operating Margin | -97.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 30.2 months |
Financial Health Grade: B
In 2013, Maine Association Of School Libraries reported a deficit of $12K with expenses exceeding revenue, holds 30.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 School Libraries with a Mission Score of 40 out of 100 (Fair). 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 School Libraries 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Officer compensation was reported as 0% in the 2013 filing, suggesting that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is common for very small organizations.
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 School Libraries's IRS 990 filings:
- Latest reported revenue and assets are $0, raising questions about current operations.
- Significant deficit of $12,263 in the last available 2013 filing (Expenses $24,876 vs. Revenue $12,613).
- Lack of recent financial filings (last available is 2013) indicates poor transparency and makes current financial health impossible to assess.
Strengths
The following positive indicators were identified for Maine Association Of School Libraries:
- Reported 0% officer compensation in 2013, suggesting efficient use of funds for leadership or volunteer-driven management.
Frequently Asked Questions about Maine Association Of School Libraries
Is Maine Association Of School Libraries a legitimate charity?
Maine Association Of School Libraries (EIN: 10494008) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 40/100. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Maine Association Of School Libraries spend its money?
Maine Association Of School Libraries directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Maine Association Of School Libraries tax-deductible?
Maine Association Of School Libraries is registered as a tax-exempt nonprofit (EIN: 10494008). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Association Of School Libraries's spending goes to programs?
Maine Association Of School Libraries directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Association Of School Libraries located?
Maine Association Of School Libraries is headquartered in Augusta, Maine and files with the IRS under EIN 10494008.
What is the current operational status of the Maine Association Of School Libraries given its $0 revenue and assets?
The latest available data shows $0 revenue and assets, which could indicate inactivity, a significant change in operations, or a delay in filing updated financial information. Without more recent filings, it's impossible to determine current operational status.
How does the organization cover its expenses if its latest reported revenue is $0?
If the latest reported revenue is truly $0, the organization would not be able to cover expenses. This suggests either the data is outdated, the organization is inactive, or it relies on unreported funding sources, which would be a transparency concern.
What caused the $12,263 deficit in the 2013 fiscal period?
The 2013 filing shows expenses of $24,876 against revenue of $12,613, resulting in a deficit. The specific causes of this deficit are not detailed in the summary data provided, but it indicates that expenses significantly outpaced income in that period.
Filing History
IRS 990 filing history for Maine Association Of School Libraries showing financial trends over 1 year of public records:
In its most recent filing year (2013), Maine Association Of School Libraries reported a deficit of $12K, with expenses exceeding revenue. The organization holds $117 in liabilities against $63K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $13K | $25K | $63K | $117 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Association Of School Libraries:
Data Sources and Methodology
This transparency report for Maine Association Of School Libraries 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.