Maine Automobile Dealers Association Inc
Maine Automobile Dealers Association consistently maintains financial surplus with no reported officer compensation.
EIN: 10191203 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.5M |
| Transparency Score | 70/100 |
Is Maine Automobile Dealers Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Automobile Dealers Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Automobile Dealers Association Inc
Maine Automobile Dealers Association Inc (EIN: 10191203) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $2.0M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Automobile Dealers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Automobile Dealers Association Inc is a mid-size nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$46K |
| Total Assets | $2.5M |
| Total Liabilities | $25K |
| Net Assets | $2.5M |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 27.5 months |
Financial Health Grade: A
In 2023, Maine Automobile Dealers Association Inc reported a surplus of $46K with revenue exceeding expenses, holds 27.5 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 (2011–2023), Maine Automobile Dealers Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +12.9% | +7.9% |
| 2022 | +6.7% | +18.3% | -7.7% |
| 2021 | +0.4% | -1.2% | +17.7% |
| 2020 | -15.7% | -31.3% | +13.9% |
| 2019 | +0.9% | +2.9% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
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 Automobile Dealers Association Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Maine Automobile Dealers Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with over $1 million in annual revenue and assets exceeding $2.5 million. This suggests that executive compensation may be structured in a way not captured under 'officer compensation' on the 990, or that leadership roles are filled by volunteers or through a related entity.
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 Automobile Dealers Association Inc's IRS 990 filings:
- Consistently reporting 0% officer compensation despite significant revenue and assets, which is atypical and lacks clarity on leadership remuneration.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Maine Automobile Dealers Association Inc:
- Consistent financial stability with annual surpluses, demonstrating sound financial management (e.g., $45,725 surplus in 2023).
- Steady growth in assets over the past decade, from $1,359,783 in 2014 to $2,508,982 in 2023, indicating strong financial health.
- Consistent filing of IRS Form 990s, showing compliance with regulatory reporting requirements.
Frequently Asked Questions about Maine Automobile Dealers Association Inc
Is Maine Automobile Dealers Association Inc a legitimate charity?
Maine Automobile Dealers Association Inc (EIN: 10191203) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Maine Automobile Dealers Association Inc spend its money?
Maine Automobile Dealers Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Automobile Dealers Association Inc tax-deductible?
Maine Automobile Dealers Association Inc is registered as a tax-exempt nonprofit (EIN: 10191203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Automobile Dealers Association Inc CEO make?
Maine Automobile Dealers Association Inc's highest-compensated officer earns $1 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Automobile Dealers Association Inc's spending goes to programs?
Maine Automobile Dealers Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Automobile Dealers Association Inc located?
Maine Automobile Dealers Association Inc is headquartered in Augusta, Maine and files with the IRS under EIN 10191203.
How many years of IRS 990 filings does Maine Automobile Dealers Association Inc have?
Maine Automobile Dealers Association Inc 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 $2.0M in total revenue.
How are the organization's key leaders compensated if officer compensation is consistently reported as 0%?
The IRS 990s consistently show $0 for officer compensation. This could mean leaders are volunteers, compensated through a related entity, or their compensation is categorized differently within the expense structure, which is not explicitly detailed in the provided data.
What are the primary program activities and how much is spent on them annually?
The provided data does not offer a detailed breakdown of program activities or specific program spending. We only know total expenses, which were $1,094,399 in 2023.
What is the purpose of the consistent annual surplus, and how are these funds utilized?
The organization consistently generates a surplus, for example, $45,725 in 2023 ($1,140,124 revenue - $1,094,399 expenses). These surpluses contribute to the steady growth of assets, which reached $2,508,982 in 2023, indicating a strategy to build financial reserves.
Filing History
IRS 990 filing history for Maine Automobile Dealers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Automobile Dealers Association Inc's revenue has grown by 15.8%, moving from $985K to $1.1M. Total assets increased by 175.3% over the same period, from $911K to $2.5M. Total functional expenses rose by 24%, from $883K to $1.1M. In its most recent filing year (2023), Maine Automobile Dealers Association Inc reported a surplus of $46K, with revenue exceeding expenses. The organization holds $25K in liabilities against $2.5M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $2.5M | $25K | — | View 990 |
| 2022 | $1.1M | $969K | $2.3M | $32K | — | View 990 |
| 2021 | $1.0M | $819K | $2.5M | $45K | — | View 990 |
| 2020 | $1.0M | $829K | $2.1M | $24K | — | View 990 |
| 2019 | $1.2M | $1.2M | $1.9M | $40K | — | View 990 |
| 2018 | $1.2M | $1.2M | $1.8M | $27K | — | View 990 |
| 2017 | $1.1M | $1.0M | $1.8M | $42K | — | View 990 |
| 2016 | $1.1M | $933K | $1.7M | $51K | — | View 990 |
| 2015 | $1.2M | $989K | $1.5M | $50K | — | View 990 |
| 2014 | $1.1M | $981K | $1.4M | $32K | — | View 990 |
| 2013 | $1.0M | $942K | $1.2M | $41K | — | View 990 |
| 2012 | $999K | $885K | $1.1M | $32K | — | View 990 |
| 2011 | $985K | $883K | $911K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $2.5M (revenue +5.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $969K, and assets of $2.3M (revenue +6.7% year-over-year).
- 2021: Revenue of $1.0M, expenses of $819K, and assets of $2.5M (revenue +0.4% year-over-year).
- 2020: Revenue of $1.0M, expenses of $829K, and assets of $2.1M (revenue -15.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $1.9M (revenue +0.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $1.8M (revenue +7.7% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $1.8M (revenue +4.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $933K, and assets of $1.7M (revenue -8.7% year-over-year).
- 2015: Revenue of $1.2M, expenses of $989K, and assets of $1.5M (revenue +7.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $981K, and assets of $1.4M (revenue +3.3% year-over-year).
- 2013: Revenue of $1.0M, expenses of $942K, and assets of $1.2M (revenue +3.8% year-over-year).
- 2012: Revenue of $999K, expenses of $885K, and assets of $1.1M (revenue +1.5% year-over-year).
- 2011: Revenue of $985K, expenses of $883K, and assets of $911K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Automobile Dealers Association Inc:
Data Sources and Methodology
This transparency report for Maine Automobile Dealers Association Inc 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.