Maine Beverage Distributors Assoc Inc
Maine Beverage Distributors Assoc Inc maintains stable finances with no reported liabilities and no officer compensation.
EIN: 16021180 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $198K |
| Program Spending | 80% |
| Net Assets | $43K |
| Transparency Score | 85/100 |
Is Maine Beverage Distributors Assoc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Beverage Distributors Assoc Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Beverage Distributors Assoc Inc
Maine Beverage Distributors Assoc Inc (EIN: 16021180) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $199K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Beverage Distributors Assoc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Beverage Distributors Assoc Inc is a small nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $198K |
| Surplus / Deficit | +$10K |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | 4.9% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Maine Beverage Distributors Assoc Inc reported a surplus of $10K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Maine Beverage Distributors Assoc Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | +13.6% | +31.7% |
| 2022 | +36.6% | +15.9% | +28.2% |
| 2021 | -14.8% | +3.5% | -41.0% |
| 2020 | -6.3% | -14.4% | +33.1% |
| 2019 | -2.8% | +3.8% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
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 Distributors Assoc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Maine Beverage Distributors Assoc 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 $10K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting either a volunteer-led organization or that compensation is below IRS reporting thresholds for officers, which is positive for resource allocation.
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 Distributors Assoc Inc's IRS 990 filings:
- NTEE Code is unknown, which can make it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Maine Beverage Distributors Assoc Inc:
- Consistent reporting of zero liabilities across all filings, indicating strong financial health.
- No reported officer compensation, suggesting efficient use of funds for mission-related activities.
- Stable financial performance with expenses generally aligned with revenue, avoiding significant deficits.
- Positive net assets maintained consistently over the years.
Frequently Asked Questions about Maine Beverage Distributors Assoc Inc
Is Maine Beverage Distributors Assoc Inc a legitimate charity?
Maine Beverage Distributors Assoc Inc (EIN: 16021180) 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: $199K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Maine Beverage Distributors Assoc Inc spend its money?
Maine Beverage Distributors Assoc Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Beverage Distributors Assoc Inc tax-deductible?
Maine Beverage Distributors Assoc Inc is registered as a tax-exempt nonprofit (EIN: 16021180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Beverage Distributors Assoc Inc's spending goes to programs?
Maine Beverage Distributors Assoc Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Beverage Distributors Assoc Inc located?
Maine Beverage Distributors Assoc Inc is headquartered in Augusta, Maine and files with the IRS under EIN 16021180.
How many years of IRS 990 filings does Maine Beverage Distributors Assoc Inc have?
Maine Beverage Distributors Assoc 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 $199K in total revenue.
Is Maine Beverage Distributors Assoc Inc financially stable?
Yes, the organization appears financially stable, consistently maintaining positive net assets and reporting zero liabilities across all available filings, indicating a lack of debt burden.
Does Maine Beverage Distributors Assoc Inc pay its officers?
Based on the IRS 990 filings, no officer compensation has been reported for any of the periods reviewed, suggesting a volunteer-led structure or compensation below reporting thresholds.
How efficient is Maine Beverage Distributors Assoc Inc's spending?
The organization's expenses generally track closely to its revenue, indicating a lean operational model. For example, in 2023, expenses were $198,325 against revenues of $208,581, showing efficient use of funds.
Filing History
IRS 990 filing history for Maine Beverage Distributors Assoc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Beverage Distributors Assoc Inc's revenue has declined by 0.7%, moving from $210K to $209K. Total assets decreased by 14.9% over the same period, from $50K to $43K. Total functional expenses fell by 9.1%, from $218K to $198K. In its most recent filing year (2023), Maine Beverage Distributors Assoc Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $198K | $43K | $0 | — | View 990 |
| 2022 | $182K | $175K | $32K | $0 | — | View 990 |
| 2021 | $133K | $151K | $25K | $0 | — | View 990 |
| 2020 | $156K | $145K | $43K | $0 | — | — |
| 2019 | $167K | $170K | $32K | $0 | — | View 990 |
| 2018 | $172K | $164K | $35K | $0 | — | View 990 |
| 2017 | $173K | $184K | $27K | $0 | — | View 990 |
| 2016 | $284K | $281K | $38K | $0 | — | View 990 |
| 2015 | $253K | $262K | $35K | $0 | — | View 990 |
| 2014 | $241K | $247K | $43K | $0 | — | View 990 |
| 2013 | $224K | $218K | $49K | $0 | — | View 990 |
| 2012 | $216K | $222K | $44K | $0 | — | View 990 |
| 2011 | $210K | $218K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $198K, and assets of $43K (revenue +14.8% year-over-year).
- 2022: Revenue of $182K, expenses of $175K, and assets of $32K (revenue +36.6% year-over-year).
- 2021: Revenue of $133K, expenses of $151K, and assets of $25K (revenue -14.8% year-over-year).
- 2020: Revenue of $156K, expenses of $145K, and assets of $43K (revenue -6.3% year-over-year).
- 2019: Revenue of $167K, expenses of $170K, and assets of $32K (revenue -2.8% year-over-year).
- 2018: Revenue of $172K, expenses of $164K, and assets of $35K (revenue -1.1% year-over-year).
- 2017: Revenue of $173K, expenses of $184K, and assets of $27K (revenue -38.9% year-over-year).
- 2016: Revenue of $284K, expenses of $281K, and assets of $38K (revenue +12.1% year-over-year).
- 2015: Revenue of $253K, expenses of $262K, and assets of $35K (revenue +5.2% year-over-year).
- 2014: Revenue of $241K, expenses of $247K, and assets of $43K (revenue +7.6% year-over-year).
- 2013: Revenue of $224K, expenses of $218K, and assets of $49K (revenue +3.6% year-over-year).
- 2012: Revenue of $216K, expenses of $222K, and assets of $44K (revenue +2.7% year-over-year).
- 2011: Revenue of $210K, expenses of $218K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Beverage Distributors Assoc Inc:
Data Sources and Methodology
This transparency report for Maine Beverage Distributors Assoc 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.