Maine Bee Wellness
EIN: 832948448 · Jonesboro, ME · NTEE: D30
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $13K |
| Net Assets | $23K |
Is Maine Bee Wellness Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maine Bee Wellness
Maine Bee Wellness (EIN: 832948448) is a nonprofit organization based in Jonesboro, ME, classified under NTEE code D30. The organization reported total revenue of $82K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Bee Wellness's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Bee Wellness is a micro nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -53.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $13K |
| Surplus / Deficit | $-10,704 |
| Total Assets | $23K |
| Total Liabilities | $1 |
| Net Assets | $23K |
| Operating Margin | -596.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 22.6 months |
Financial Health Grade: B
In 2023, Maine Bee Wellness reported a deficit of $11K with expenses exceeding revenue, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Maine Bee Wellness's revenue has declined at a compound annual growth rate (CAGR) of -53.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -94.1% | +42.4% | -26.1% |
| 2021 | -164.0% | -35.0% | -34.2% |
| 2020 | -98.8% | +58.8% | -31.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maine Bee Wellness has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Bee Wellness with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Maine Bee Wellness
Is Maine Bee Wellness a legitimate charity?
Maine Bee Wellness (EIN: 832948448) is a registered tax-exempt nonprofit based in Maine. It has 5 years of IRS 990 filings on record. Total revenue: $82K. No red flags identified. Financial health grade: B.
How does Maine Bee Wellness spend its money?
Maine Bee Wellness reported $82K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Maine Bee Wellness tax-deductible?
Maine Bee Wellness is registered as a tax-exempt nonprofit (EIN: 832948448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maine Bee Wellness located?
Maine Bee Wellness is headquartered in Jonesboro, Maine and files with the IRS under EIN 832948448. It is classified under NTEE code D30.
How many years of IRS 990 filings does Maine Bee Wellness have?
Maine Bee Wellness has 5 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 $82K in total revenue.
Filing History
IRS 990 filing history for Maine Bee Wellness showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Maine Bee Wellness's revenue has declined by 95.1%, moving from $37K to $2K. Total assets decreased by 22.3% over the same period, from $30K to $23K. Total functional expenses rose by 86.7%, from $7K to $13K. In its most recent filing year (2023), Maine Bee Wellness reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $23K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $13K | $23K | $1 | — | — |
| 2022 | $31K | $9K | $32K | $1 | — | View 990 |
| 2021 | $-272 | $7K | $14K | $1 | — | — |
| 2020 | $425 | $11K | $21K | $1 | — | — |
| 2019 | $37K | $7K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $13K, and assets of $23K (revenue -94.1% year-over-year).
- 2022: Revenue of $31K, expenses of $9K, and assets of $32K.
- 2021: Revenue of $-272, expenses of $7K, and assets of $14K (revenue -164.0% year-over-year).
- 2020: Revenue of $425, expenses of $11K, and assets of $21K (revenue -98.8% year-over-year).
- 2019: Revenue of $37K, expenses of $7K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Bee Wellness:
Data Sources and Methodology
This transparency report for Maine Bee Wellness 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.