Maine Avenue Manor Inc

Maine Avenue Manor Inc consistently generates revenue surpluses and has no reported officer compensation.

EIN: 10376143 · Millinocket, ME · Updated: 2026-03-28

$385KRevenue

$873KAssets

85/100Mission Score (Excellent)

About Maine Avenue Manor Inc

Maine Avenue Manor Inc (EIN: 10376143) is a nonprofit organization based in Millinocket, ME. The organization reported total revenue of $385K and total assets of $873K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Avenue Manor Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Maine Avenue Manor Inc demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $350,121 against expenses of $269,804, resulting in a surplus. The organization's assets have shown a steady increase, growing from $545,038 in 2014 to $781,843 in 2023, indicating financial stability and growth. However, liabilities have remained relatively high, often exceeding assets in earlier years, though they have decreased more recently, suggesting an improving balance sheet.

The organization's spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess the efficiency of program delivery. However, the consistent positive net income suggests effective management of resources. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries.

Transparency is generally good, with consistent annual filings available. The lack of reported officer compensation is a positive indicator for transparency regarding executive pay. However, the absence of an NTEE code and a detailed functional expense breakdown in the provided data limits a deeper analysis of program focus and administrative overhead. Further details on program activities would enhance the understanding of their impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Avenue Manor Inc 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Maine Avenue Manor Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Maine Avenue Manor Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size with revenues consistently above $250,000.

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 Avenue Manor Inc's IRS 990 filings:

NTEE Code is unknown, which can make it harder to understand the organization's specific mission and compare it to peers.

Strengths

The following positive indicators were identified for Maine Avenue Manor Inc:

Consistent revenue surpluses, indicating sound financial management (e.g., $350,121 revenue vs. $269,804 expenses in 2023).
No reported officer compensation, demonstrating a strong commitment to directing funds towards the mission.
Steady growth in assets over the past decade, from $545,038 in 2014 to $781,843 in 2023.
Improving liability management, with liabilities decreasing from $733,992 in 2014 to $607,623 in 2023.

Frequently Asked Questions about Maine Avenue Manor Inc

Is Maine Avenue Manor Inc financially stable?

Yes, the organization appears financially stable. It has consistently generated more revenue than expenses, leading to a steady increase in assets from $545,038 in 2014 to $781,843 in 2023. While liabilities were high in earlier years, they have decreased relative to assets, improving the overall financial position.

Does Maine Avenue Manor Inc pay its executives?

No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to the organization's officers.

How has Maine Avenue Manor Inc's financial health changed over the last decade?

Over the last decade, Maine Avenue Manor Inc has shown consistent growth in revenue and assets. Revenue increased from $280,835 in 2014 to $350,121 in 2023, and assets grew from $545,038 to $781,843. Liabilities have also seen a positive trend, decreasing from $733,992 in 2014 to $607,623 in 2023, improving the organization's net asset position.

Filing History

IRS 990 filing history for Maine Avenue Manor Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Maine Avenue Manor Inc's revenue has grown by 27.6%, moving from $274K to $350K. Total assets increased by 54% over the same period, from $508K to $782K. Total functional expenses fell by 1.9%, from $275K to $270K. In its most recent filing year (2023), Maine Avenue Manor Inc reported a surplus of $80K, with revenue exceeding expenses. The organization holds $608K in liabilities against $782K in assets (debt-to-asset ratio: 77.7%), resulting in net assets of $174K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$350K	$270K	$782K	$608K	—	—
2022	$329K	$257K	$746K	$637K	—	View 990
2021	$325K	$261K	$703K	$647K	—	View 990
2020	$312K	$234K	$689K	$678K	—	View 990
2019	$328K	$267K	$651K	$686K	—	View 990
2018	$300K	$241K	$590K	$686K	—	View 990
2017	$298K	$268K	$589K	$744K	—	View 990
2016	$286K	$276K	$563K	$748K	—	View 990
2015	$266K	$258K	$535K	$716K	—	View 990
2014	$281K	$252K	$545K	$734K	—	View 990
2013	$286K	$242K	$527K	$745K	—	View 990
2012	$273K	$286K	$484K	$746K	—	View 990
2011	$274K	$275K	$508K	$756K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $350K, expenses of $270K, and assets of $782K (revenue +6.4% year-over-year).
2022: Revenue of $329K, expenses of $257K, and assets of $746K (revenue +1.2% year-over-year).
2021: Revenue of $325K, expenses of $261K, and assets of $703K (revenue +4.4% year-over-year).
2020: Revenue of $312K, expenses of $234K, and assets of $689K (revenue -5.0% year-over-year).
2019: Revenue of $328K, expenses of $267K, and assets of $651K (revenue +9.3% year-over-year).
2018: Revenue of $300K, expenses of $241K, and assets of $590K (revenue +0.6% year-over-year).
2017: Revenue of $298K, expenses of $268K, and assets of $589K (revenue +4.2% year-over-year).
2016: Revenue of $286K, expenses of $276K, and assets of $563K (revenue +7.5% year-over-year).
2015: Revenue of $266K, expenses of $258K, and assets of $535K (revenue -5.2% year-over-year).
2014: Revenue of $281K, expenses of $252K, and assets of $545K (revenue -1.9% year-over-year).
2013: Revenue of $286K, expenses of $242K, and assets of $527K (revenue +4.8% year-over-year).
2012: Revenue of $273K, expenses of $286K, and assets of $484K (revenue -0.4% year-over-year).
2011: Revenue of $274K, expenses of $275K, and assets of $508K.

Data Sources and Methodology

This transparency report for Maine Avenue Manor 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.