Maine Beverage Association
Maine Beverage Association operates with fluctuating annual deficits and no reported officer compensation.
EIN: 10453457 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $101K |
| Program Spending | 80% |
| Net Assets | $62K |
| Transparency Score | 65/100 |
Is Maine Beverage Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Beverage Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Beverage Association
Maine Beverage Association (EIN: 10453457) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $106K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Beverage Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Beverage Association is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $101K |
| Surplus / Deficit | $-1,777 |
| Total Assets | $62K |
| Net Assets | $62K |
| Operating Margin | -1.8% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Maine Beverage Association reported a deficit of $2K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Maine Beverage Association's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.4% | +14.1% | -2.8% |
| 2022 | -36.3% | -11.1% | -17.5% |
| 2021 | +45.4% | +6.8% | +30.3% |
| 2020 | -51.5% | -22.4% | -17.1% |
| 2019 | +108.8% | +27.9% | +184.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Beverage Association 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Maine Beverage 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through means not classified as officer compensation, which is unusual for an organization with consistent revenue and expenses.
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 Beverage Association's IRS 990 filings:
- Recurring operational deficits in multiple years (e.g., 202312, 202212, 202012)
- No reported officer compensation across all filings, which can be a transparency concern if leadership is compensated indirectly or if it indicates a lack of professional staffing.
- Unknown NTEE code and lack of detailed program expense breakdown makes it difficult to assess mission alignment and impact.
Strengths
The following positive indicators were identified for Maine Beverage Association:
- Consistent positive asset balance despite operational fluctuations (e.g., $62,261 in assets in 202312).
- Zero reported liabilities across all filings, indicating a strong balance sheet.
- Lean operational structure with no reported officer compensation, potentially maximizing funds for mission-related activities.
Frequently Asked Questions about Maine Beverage Association
Is Maine Beverage Association a legitimate charity?
Maine Beverage Association (EIN: 10453457) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $106K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Maine Beverage Association spend its money?
Maine Beverage Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Beverage Association tax-deductible?
Maine Beverage Association is registered as a tax-exempt nonprofit (EIN: 10453457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Beverage Association's spending goes to programs?
Maine Beverage Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Beverage Association located?
Maine Beverage Association is headquartered in Augusta, Maine and files with the IRS under EIN 10453457.
How many years of IRS 990 filings does Maine Beverage Association have?
Maine Beverage 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 $106K in total revenue.
How does the Maine Beverage Association fund its operations given recurring deficits?
While the organization experiences annual deficits in some years (e.g., 202312, 202212, 202012), its consistent asset base (e.g., $62,261 in 202312) and zero liabilities suggest it draws from accumulated reserves or receives non-operating income not detailed in the provided revenue figures to cover shortfalls.
What are the primary program activities of the Maine Beverage Association?
Without an NTEE code or detailed program service expense breakdown, it's difficult to ascertain the specific program activities. The name suggests advocacy or support for the beverage industry in Maine.
Is the lack of officer compensation sustainable for long-term leadership?
The consistent reporting of 0% officer compensation across 13 filings suggests a volunteer-led model. While this can be efficient, it may pose challenges for attracting and retaining professional leadership in the long term, depending on the scope and complexity of the organization's activities.
Filing History
IRS 990 filing history for Maine Beverage Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Beverage Association's revenue has declined by 5.3%, moving from $105K to $99K. Total assets increased by 15.2% over the same period, from $54K to $62K. Total functional expenses rose by 21.7%, from $83K to $101K. In its most recent filing year (2023), Maine Beverage Association reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $101K | $62K | $0 | — | — |
| 2022 | $75K | $88K | $64K | $0 | — | View 990 |
| 2021 | $117K | $99K | $78K | $0 | — | View 990 |
| 2020 | $81K | $93K | $60K | $0 | — | View 990 |
| 2019 | $167K | $120K | $72K | $0 | — | View 990 |
| 2018 | $80K | $94K | $25K | $0 | — | View 990 |
| 2017 | $107K | $98K | $39K | $0 | — | View 990 |
| 2016 | $104K | $90K | $30K | $0 | — | View 990 |
| 2015 | $48K | $95K | $16K | $0 | — | View 990 |
| 2014 | $101K | $95K | $63K | $0 | — | View 990 |
| 2013 | $64K | $68K | $57K | $0 | — | View 990 |
| 2012 | $104K | $97K | $61K | $0 | — | View 990 |
| 2011 | $105K | $83K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $101K, and assets of $62K (revenue +32.4% year-over-year).
- 2022: Revenue of $75K, expenses of $88K, and assets of $64K (revenue -36.3% year-over-year).
- 2021: Revenue of $117K, expenses of $99K, and assets of $78K (revenue +45.4% year-over-year).
- 2020: Revenue of $81K, expenses of $93K, and assets of $60K (revenue -51.5% year-over-year).
- 2019: Revenue of $167K, expenses of $120K, and assets of $72K (revenue +108.8% year-over-year).
- 2018: Revenue of $80K, expenses of $94K, and assets of $25K (revenue -25.4% year-over-year).
- 2017: Revenue of $107K, expenses of $98K, and assets of $39K (revenue +2.9% year-over-year).
- 2016: Revenue of $104K, expenses of $90K, and assets of $30K (revenue +115.4% year-over-year).
- 2015: Revenue of $48K, expenses of $95K, and assets of $16K (revenue -52.2% year-over-year).
- 2014: Revenue of $101K, expenses of $95K, and assets of $63K (revenue +57.6% year-over-year).
- 2013: Revenue of $64K, expenses of $68K, and assets of $57K (revenue -38.4% year-over-year).
- 2012: Revenue of $104K, expenses of $97K, and assets of $61K (revenue -0.7% year-over-year).
- 2011: Revenue of $105K, expenses of $83K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Beverage Association:
Data Sources and Methodology
This transparency report for Maine Beverage 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.