Maine Boys To Men

Maine Boys To Men consistently reports 0% officer compensation but faces recurring operational deficits.

EIN: 201117811 · Portland, ME · NTEE: O21 · Updated: 2026-03-28

$334KRevenue
$118KAssets
88/100Mission Score (Excellent)
O21
Maine Boys To Men Financial Summary
MetricValue
Total Revenue$334K
Total Expenses$406K
Program Spending85%
CEO/Top Officer Pay$300k
Net Assets$112K
Transparency Score88/100

Is Maine Boys To Men Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Maine Boys To Men directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Maine Boys To Men

Maine Boys To Men (EIN: 201117811) is a nonprofit organization based in Portland, ME, classified under NTEE code O21. The organization reported total revenue of $334K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Boys To Men's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Maine Boys To Men is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$350K
Total Expenses$406K
Surplus / Deficit$-55,874
Total Assets$116K
Total Liabilities$4K
Net Assets$112K
Operating Margin-16.0%
Debt-to-Asset Ratio3.7%
Months of Reserves3.4 months

Financial Health Grade: B

In 2023, Maine Boys To Men reported a deficit of $56K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 3.7% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Maine Boys To Men's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-8.3%-6.6%-32.1%
2022-24.5%+2.7%-22.4%
2021+19.3%+29.2%+65.3%
2020+37.5%-4.8%+256.4%
2019-5.5%-2.3%-51.7%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Maine Boys To Men demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the latest filing period (202312), the organization reported expenses of $405,641 against revenues of $349,767, indicating a deficit for the year. This trend of expenses exceeding revenue has been observed in several recent periods, including 202212 and 201912, which could impact long-term financial stability if not addressed. However, the organization has also shown periods of surplus, such as in 202112 and 202012, suggesting some variability in its financial performance. The organization's asset base has fluctuated, with current assets at $116,263 in 202312, down from a peak of $220,686 in 202112. Liabilities remain low, at $4,328 in 202312, which is a positive indicator of financial health. A significant strength is the consistent reporting of 0% officer compensation across all available filings, which speaks to a high level of financial efficiency and dedication to directing funds towards programmatic activities rather than executive salaries. This practice enhances donor confidence and reflects a strong commitment to the organization's mission. Overall, while Maine Boys To Men exhibits strong spending efficiency in terms of executive compensation and a clear program focus, the recurring operational deficits in recent years warrant attention. Donors should review the organization's strategies for revenue generation and expense management to ensure long-term sustainability. The transparency of their 990 filings, including the detailed breakdown of expenses and the absence of officer compensation, is commendable.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Boys To Men with a Mission Score of 88 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 Boys To Men 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$350KTotal Revenue
$406KTotal Expenses
$116KTotal Assets
$4KTotal Liabilities
$112KNet Assets
  • The organization reported a deficit of $56K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 3.7%.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly efficient for an organization of its size with revenues around $300k-$500k.

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 Boys To Men's IRS 990 filings:

  • Recurring operational deficits in recent years (e.g., 202312, 202212, 201912)
  • Declining asset base from a peak of $220,686 in 202112 to $116,263 in 202312

Strengths

The following positive indicators were identified for Maine Boys To Men:

  • Consistent 0% officer compensation, indicating high efficiency and dedication to mission
  • Low liabilities across all filing periods, suggesting good debt management
  • Strong program focus, with resources directed away from executive salaries

Frequently Asked Questions about Maine Boys To Men

Is Maine Boys To Men a legitimate charity?

Maine Boys To Men (EIN: 201117811) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $334K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Maine Boys To Men spend its money?

Maine Boys To Men directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Maine Boys To Men tax-deductible?

Maine Boys To Men is registered as a tax-exempt nonprofit (EIN: 201117811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Maine Boys To Men CEO make?

Maine Boys To Men's highest-compensated officer earns $300k annually. The organization reported $334K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Maine Boys To Men's spending goes to programs?

Maine Boys To Men directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Maine Boys To Men compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Maine Boys To Men is above average for NTEE category O21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Maine Boys To Men located?

Maine Boys To Men is headquartered in Portland, Maine and files with the IRS under EIN 201117811. It is classified under NTEE code O21.

How many years of IRS 990 filings does Maine Boys To Men have?

Maine Boys To Men 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 $334K in total revenue.

Is Maine Boys To Men financially stable given recent deficits?

While Maine Boys To Men has experienced operational deficits in recent years (e.g., $55,874 in 202312 and $52,912 in 202212), it has also had periods of surplus. Its low liabilities ($4,328 in 202312) and fluctuating but present asset base suggest it manages to cover short-term obligations, but sustained deficits could impact long-term stability.

How does Maine Boys To Men's executive compensation compare to similar nonprofits?

Maine Boys To Men reports 0% officer compensation, which is exceptionally low and highly efficient compared to most nonprofits of similar size, where executive salaries often constitute a significant portion of administrative expenses.

What is the trend in Maine Boys To Men's revenue and expenses?

Revenue has fluctuated, peaking at $505,040 in 202112 and declining to $349,767 in 202312. Expenses have generally been in a similar range, with recent years showing expenses exceeding revenue, such as $405,641 in expenses against $349,767 in revenue in 202312.

Filing History

IRS 990 filing history for Maine Boys To Men showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Maine Boys To Men's revenue has grown by 43%, moving from $245K to $350K. Total assets increased by 261.2% over the same period, from $32K to $116K. Total functional expenses rose by 93.9%, from $209K to $406K. In its most recent filing year (2023), Maine Boys To Men reported a deficit of $56K, with expenses exceeding revenue. The organization holds $4K in liabilities against $116K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $112K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $350K $406K $116K $4K
2022 $381K $434K $171K $8K View 990
2021 $505K $423K $221K $6K View 990
2020 $423K $327K $133K $1K View 990
2019 $308K $344K $37K $1K View 990
2018 $326K $352K $78K $6K View 990
2017 $402K $350K $101K $3K
2016 $267K $307K $8K $0 View 990
2015 $251K $217K $48K $0 View 990
2014 $144K $194K $14K $0 View 990
2013 $304K $269K $65K $0 View 990
2012 $288K $291K $30K $0 View 990
2011 $245K $209K $32K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $350K, expenses of $406K, and assets of $116K (revenue -8.3% year-over-year).
  • 2022: Revenue of $381K, expenses of $434K, and assets of $171K (revenue -24.5% year-over-year).
  • 2021: Revenue of $505K, expenses of $423K, and assets of $221K (revenue +19.3% year-over-year).
  • 2020: Revenue of $423K, expenses of $327K, and assets of $133K (revenue +37.5% year-over-year).
  • 2019: Revenue of $308K, expenses of $344K, and assets of $37K (revenue -5.5% year-over-year).
  • 2018: Revenue of $326K, expenses of $352K, and assets of $78K (revenue -18.9% year-over-year).
  • 2017: Revenue of $402K, expenses of $350K, and assets of $101K (revenue +50.6% year-over-year).
  • 2016: Revenue of $267K, expenses of $307K, and assets of $8K (revenue +6.5% year-over-year).
  • 2015: Revenue of $251K, expenses of $217K, and assets of $48K (revenue +74.5% year-over-year).
  • 2014: Revenue of $144K, expenses of $194K, and assets of $14K (revenue -52.8% year-over-year).
  • 2013: Revenue of $304K, expenses of $269K, and assets of $65K (revenue +5.6% year-over-year).
  • 2012: Revenue of $288K, expenses of $291K, and assets of $30K (revenue +17.9% year-over-year).
  • 2011: Revenue of $245K, expenses of $209K, and assets of $32K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Maine Boys To Men:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Maine Boys To Men 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.

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