Maine Association Of Student Financial Aid Administrators
Maine Association Of Student Financial Aid Administrators: Consistent Revenue, Minimal Transparency
EIN: 223027064 · Waterville, ME · Updated: 2026-04-04
About Maine Association Of Student Financial Aid Administrators
Maine Association Of Student Financial Aid Administrators (EIN: 223027064) is a nonprofit organization based in Waterville, 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 Student Financial Aid Administrators's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Association Of Student Financial Aid Administrators with a Mission Score of 65 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: 70%
- fundraising: 10%
According to IRS 990 filings, Maine Association Of Student Financial Aid Administrators allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or compensation is not reported in a standard manner for key employees.
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 Student Financial Aid Administrators's IRS 990 filings:
- Consistent reporting of $0 for officer, director, trustee, and key employee compensation across all years, which could obscure actual operational costs or indicate a fully volunteer-run organization without clear disclosure.
- Lack of detailed narrative on program activities and impact in available filings makes it difficult to assess the effectiveness of their mission.
- Minimal public information beyond basic IRS filings, limiting comprehensive analysis of governance and operations.
Strengths
The following positive indicators were identified for Maine Association Of Student Financial Aid Administrators:
- Consistent revenue generation over multiple years, indicating stable operations.
- Maintains a healthy asset base relative to its revenue, suggesting financial stability.
- Low reported expenses relative to revenue, potentially indicating efficient operations or a focus on accumulating assets.
Frequently Asked Questions about Maine Association Of Student Financial Aid Administrators
What does Maine Association Of Student Financial Aid Administrators do?
Maine Association Of Student Financial Aid Administrators is a nonprofit organization in the Unknown sector, located in Waterville, Maine. It is classified under NTEE code Unknown.
How much revenue does Maine Association Of Student Financial Aid Administrators have?
Maine Association Of Student Financial Aid Administrators reported total revenue of N/A. Based on 10 IRS 990 filings on record.
What are Maine Association Of Student Financial Aid Administrators's total assets?
Maine Association Of Student Financial Aid Administrators holds total assets of N/A as reported in IRS 990 filings.
Where is Maine Association Of Student Financial Aid Administrators located?
Maine Association Of Student Financial Aid Administrators is based in Waterville, Maine.
What is Maine Association Of Student Financial Aid Administrators's EIN?
Maine Association Of Student Financial Aid Administrators's Employer Identification Number (EIN) is 223027064. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Maine Association Of Student Financial Aid Administrators?
Maine Association Of Student Financial Aid Administrators is classified under NTEE code Unknown (Unknown).
Is Maine Association Of Student Financial Aid Administrators a registered 501(c)(3)?
Maine Association Of Student Financial Aid Administrators appears in IRS records (EIN: 223027064). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Maine Association Of Student Financial Aid Administrators file IRS Form 990?
Yes, Maine Association Of Student Financial Aid Administrators has 10 IRS Form 990 filings on record. The most recent covers tax period 202012.
What was Maine Association Of Student Financial Aid Administrators's revenue in 2020?
In the 202012 filing period, Maine Association Of Student Financial Aid Administrators reported total revenue of $46,155, total expenses of $15,494, and net assets of $204,279.
Is Maine Association Of Student Financial Aid Administrators's revenue growing or declining?
Maine Association Of Student Financial Aid Administrators's revenue is relatively stable. Revenue went from $47,370 (201912) to $46,155 (202012), a -2.6% change. Based on 10 filings on record.
What is Maine Association Of Student Financial Aid Administrators's most recent 990 filing?
The most recent IRS Form 990 filing for Maine Association Of Student Financial Aid Administrators covers tax period 202012. It shows revenue of $46,155, expenses of $15,494, total assets of $204,279, and liabilities of N/A.
How much does Maine Association Of Student Financial Aid Administrators spend on programs vs administration?
Based on IRS 990 analysis, Maine Association Of Student Financial Aid Administrators allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Maine Association Of Student Financial Aid Administrators a trustworthy charity?
Based on AI analysis of IRS 990 data, Maine Association Of Student Financial Aid Administrators shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Maine Association Of Student Financial Aid Administrators?
The following concerns were identified: Consistent reporting of $0 for officer, director, trustee, and key employee compensation across all years, which could obscure actual operational costs or indicate a fully volunteer-run organization without clear disclosure.. Lack of detailed narrative on program activities and impact in available filings makes it difficult to assess the effectiveness of their mission.. Minimal public information beyond basic IRS filings, limiting comprehensive analysis of governance and operations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Maine Association Of Student Financial Aid Administrators's strengths?
Positive indicators for Maine Association Of Student Financial Aid Administrators include: Consistent revenue generation over multiple years, indicating stable operations.. Maintains a healthy asset base relative to its revenue, suggesting financial stability.. Low reported expenses relative to revenue, potentially indicating efficient operations or a focus on accumulating assets.. These findings are derived from AI analysis of the organization's financial filings.
How does Maine Association Of Student Financial Aid Administrators compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or compensation is not reported in a standard manner for key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 reported for executive compensation, how does the organization sustain its operations and leadership, and what are the implications for its long-term stability?
The consistent reporting of $0 for executive compensation suggests the organization is either entirely volunteer-run at the leadership level or compensation is being reported in a non-standard category. This model can be sustainable if volunteers are committed, but it may pose challenges for long-term leadership continuity and professionalization without dedicated compensated staff.
With revenue consistently around $45,000-$60,000 and expenses around $15,000-$60,000, what are the primary sources of revenue and major expenditure categories for this organization?
Based on the provided data, the organization consistently generates revenue (r) in the range of $44,587 to $62,436 and incurs expenses (x) between $15,494 and $61,933. Without further detail from the Form 990, it's difficult to pinpoint exact sources and categories, but typical for such an association would be membership dues, conference fees, and grants for revenue, and administrative costs, event expenses, and professional development for expenditures.
Filing History
IRS 990 filing history for Maine Association Of Student Financial Aid Administrators showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Maine Association Of Student Financial Aid Administrators's revenue has grown by 10.5%, moving from $42K to $46K. Total assets increased by 48.9% over the same period, from $137K to $204K. Total functional expenses fell by 48.6%, from $30K to $15K. In its most recent filing year (2020), Maine Association Of Student Financial Aid Administrators reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $46K | $15K | $204K | $0 | — | View 990 |
| 2019 | $47K | $36K | $174K | $0 | — | View 990 |
| 2018 | $47K | $36K | $163K | $0 | — | View 990 |
| 2017 | $62K | $62K | $153K | $0 | — | View 990 |
| 2016 | $62K | $62K | $153K | $0 | — | View 990 |
| 2015 | $37K | $44K | $152K | $0 | — | View 990 |
| 2014 | $45K | $43K | $159K | $0 | — | View 990 |
| 2013 | $54K | $40K | $158K | $0 | — | View 990 |
| 2012 | $38K | $32K | $143K | $0 | — | View 990 |
| 2011 | $42K | $30K | $137K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $46K, expenses of $15K, and assets of $204K (revenue -2.6% year-over-year).
- 2019: Revenue of $47K, expenses of $36K, and assets of $174K (revenue +1.2% year-over-year).
- 2018: Revenue of $47K, expenses of $36K, and assets of $163K (revenue -25.0% year-over-year).
- 2017: Revenue of $62K, expenses of $62K, and assets of $153K (revenue +0.0% year-over-year).
- 2016: Revenue of $62K, expenses of $62K, and assets of $153K (revenue +69.3% year-over-year).
- 2015: Revenue of $37K, expenses of $44K, and assets of $152K (revenue -17.3% year-over-year).
- 2014: Revenue of $45K, expenses of $43K, and assets of $159K (revenue -18.1% year-over-year).
- 2013: Revenue of $54K, expenses of $40K, and assets of $158K (revenue +41.7% year-over-year).
- 2012: Revenue of $38K, expenses of $32K, and assets of $143K (revenue -8.0% year-over-year).
- 2011: Revenue of $42K, expenses of $30K, and assets of $137K.
Data Sources and Methodology
This transparency report for Maine Association Of Student Financial Aid Administrators 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.