Maine Better Transportation Association
Maine Better Transportation Association consistently grows assets and operates with a surplus, reporting no officer compensation.
EIN: 10220588 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $684K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $2.6M |
| Transparency Score | 85/100 |
Is Maine Better Transportation Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Better Transportation Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Better Transportation Association
Maine Better Transportation Association (EIN: 10220588) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $1.8M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Better Transportation Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Better Transportation Association is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $789K |
| Total Expenses | $684K |
| Surplus / Deficit | +$105K |
| Total Assets | $3.5M |
| Total Liabilities | $828K |
| Net Assets | $2.6M |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 23.8% |
| Months of Reserves | 60.9 months |
Financial Health Grade: A
In 2022, Maine Better Transportation Association reported a surplus of $105K with revenue exceeding expenses, holds 60.9 months of operating reserves (strong position), has a debt-to-asset ratio of 23.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2022), Maine Better Transportation Association's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -4.2% | +3.3% | -10.3% |
| 2021 | +16.9% | +28.7% | +39.9% |
| 2020 | -8.3% | -18.8% | +10.0% |
| 2019 | +3.6% | +7.2% | +18.8% |
| 2018 | -2.6% | -1.9% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1975 |
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 Better Transportation Association 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Maine Better Transportation Association 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $105K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with assets exceeding $3 million.
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 Better Transportation Association's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
- Consistent 0% officer compensation is unusual for an organization of this size and could warrant further inquiry into how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Maine Better Transportation Association:
- Consistent financial surpluses, indicating sound financial management (e.g., $104,990 surplus in 2022).
- Significant and consistent growth in assets over the past decade, from $1.37 million in 2013 to $3.47 million in 2022.
- Stable revenue streams with consistent year-over-year income.
- Low liabilities relative to assets in most years, indicating strong financial solvency (e.g., $827,813 liabilities vs. $3,473,808 assets in 2022).
Frequently Asked Questions about Maine Better Transportation Association
Is Maine Better Transportation Association a legitimate charity?
Maine Better Transportation Association (EIN: 10220588) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Maine Better Transportation Association spend its money?
Maine Better Transportation Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Better Transportation Association tax-deductible?
Maine Better Transportation Association is registered as a tax-exempt nonprofit (EIN: 10220588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Better Transportation Association CEO make?
Maine Better Transportation Association's highest-compensated officer earns $3 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Better Transportation Association's spending goes to programs?
Maine Better Transportation Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Better Transportation Association located?
Maine Better Transportation Association is headquartered in Augusta, Maine and files with the IRS under EIN 10220588.
How many years of IRS 990 filings does Maine Better Transportation Association have?
Maine Better Transportation Association 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 $1.8M in total revenue.
How does Maine Better Transportation Association manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or their compensation is structured in a way that it is not categorized as 'officer compensation' on the IRS Form 990 summaries provided. This is a significant point for transparency and could indicate a highly dedicated, unpaid leadership team.
What are the primary sources of Maine Better Transportation Association's revenue?
While the provided data shows total revenue, it does not detail the specific sources (e.g., membership dues, grants, donations, investment income). Given its mission, it's likely a mix of membership fees, industry contributions, and potentially government or foundation grants.
What is the organization's long-term strategy for its growing asset base?
The organization has consistently grown its assets from $1.37 million in 2013 to $3.47 million in 2022. The filings do not specify the strategy for these accumulated assets, such as endowment building, future program expansion, or capital projects.
Filing History
IRS 990 filing history for Maine Better Transportation Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Maine Better Transportation Association's revenue has grown by 59.9%, moving from $494K to $789K. Total assets increased by 248.2% over the same period, from $998K to $3.5M. Total functional expenses rose by 45.3%, from $471K to $684K. In its most recent filing year (2022), Maine Better Transportation Association reported a surplus of $105K, with revenue exceeding expenses. The organization holds $828K in liabilities against $3.5M in assets (debt-to-asset ratio: 23.8%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $789K | $684K | $3.5M | $828K | — | View 990 |
| 2021 | $824K | $662K | $3.9M | $1.0M | — | View 990 |
| 2020 | $705K | $515K | $2.8M | $45K | — | — |
| 2019 | $769K | $634K | $2.5M | $56K | — | — |
| 2018 | $742K | $591K | $2.1M | $46K | — | View 990 |
| 2017 | $762K | $603K | $2.2M | $81K | — | View 990 |
| 2016 | $653K | $491K | $1.7M | $34K | — | View 990 |
| 2015 | $626K | $499K | $1.5M | $30K | — | View 990 |
| 2014 | $653K | $556K | $1.5M | $51K | — | View 990 |
| 2013 | $635K | $524K | $1.4M | $39K | — | View 990 |
| 2012 | $557K | $483K | $1.2M | $30K | — | View 990 |
| 2011 | $560K | $493K | $1.0M | $51K | — | View 990 |
| 2010 | $494K | $471K | $998K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $789K, expenses of $684K, and assets of $3.5M (revenue -4.2% year-over-year).
- 2021: Revenue of $824K, expenses of $662K, and assets of $3.9M (revenue +16.9% year-over-year).
- 2020: Revenue of $705K, expenses of $515K, and assets of $2.8M (revenue -8.3% year-over-year).
- 2019: Revenue of $769K, expenses of $634K, and assets of $2.5M (revenue +3.6% year-over-year).
- 2018: Revenue of $742K, expenses of $591K, and assets of $2.1M (revenue -2.6% year-over-year).
- 2017: Revenue of $762K, expenses of $603K, and assets of $2.2M (revenue +16.8% year-over-year).
- 2016: Revenue of $653K, expenses of $491K, and assets of $1.7M (revenue +4.2% year-over-year).
- 2015: Revenue of $626K, expenses of $499K, and assets of $1.5M (revenue -4.1% year-over-year).
- 2014: Revenue of $653K, expenses of $556K, and assets of $1.5M (revenue +2.8% year-over-year).
- 2013: Revenue of $635K, expenses of $524K, and assets of $1.4M (revenue +14.1% year-over-year).
- 2012: Revenue of $557K, expenses of $483K, and assets of $1.2M (revenue -0.5% year-over-year).
- 2011: Revenue of $560K, expenses of $493K, and assets of $1.0M (revenue +13.4% year-over-year).
- 2010: Revenue of $494K, expenses of $471K, and assets of $998K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Better Transportation Association:
Data Sources and Methodology
This transparency report for Maine Better Transportation Association 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.