Maine Chiefs Of Police Association Inc
Maine Chiefs Of Police Association maintains stable assets with recent deficit, no officer compensation.
EIN: 10349282 · Oakland, ME · NTEE: I600 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $142K |
| Total Expenses | $175K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $140,000. |
| Net Assets | $191K |
| Transparency Score | 85/100 |
Is Maine Chiefs Of Police Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Chiefs Of Police Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Chiefs Of Police Association Inc
Maine Chiefs Of Police Association Inc (EIN: 10349282) is a nonprofit organization based in Oakland, ME, classified under NTEE code I600. The organization reported total revenue of $142K and total assets of $184K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Chiefs Of Police Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Chiefs Of Police Association Inc is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $141K |
| Total Expenses | $175K |
| Surplus / Deficit | $-33,096 |
| Total Assets | $191K |
| Net Assets | $191K |
| Operating Margin | -23.4% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Maine Chiefs Of Police Association Inc reported a deficit of $33K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Maine Chiefs Of Police Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | +37.6% | -14.8% |
| 2022 | +81.0% | +49.7% | +6.2% |
| 2021 | -30.6% | -25.9% | -3.4% |
| 2020 | -23.4% | -16.1% | -6.2% |
| 2019 | -6.5% | -4.7% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
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 Chiefs Of Police Association 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 Chiefs Of Police Association 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 deficit of $33K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, indicating that its leadership is entirely volunteer-based, which is highly commendable for an organization of its size with annual revenues around $140,000.
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 Chiefs Of Police Association Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest filing (202312) by over $33,000.
Strengths
The following positive indicators were identified for Maine Chiefs Of Police Association Inc:
- Consistent financial stability with a healthy asset base (e.g., $190,926 in 202312).
- No reported liabilities across all filing periods.
- Zero officer compensation reported for all 13 filings, indicating volunteer leadership.
- Strong transparency with 13 years of IRS 990 filings available.
- Generally balanced budget over the past decade, with most years showing a surplus or minor deficit.
Frequently Asked Questions about Maine Chiefs Of Police Association Inc
Is Maine Chiefs Of Police Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Chiefs Of Police Association Inc (EIN: 10349282) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Maine Chiefs Of Police Association Inc spend its money?
Maine Chiefs Of Police Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Chiefs Of Police Association Inc tax-deductible?
Maine Chiefs Of Police Association Inc is registered as a tax-exempt nonprofit (EIN: 10349282). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Chiefs Of Police Association Inc CEO make?
Maine Chiefs Of Police Association Inc's highest-compensated officer earns $140,000. annually. The organization reported $142K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Chiefs Of Police Association Inc's spending goes to programs?
Maine Chiefs Of Police Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Chiefs Of Police Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maine Chiefs Of Police Association Inc is above average for NTEE category I600 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Chiefs Of Police Association Inc located?
Maine Chiefs Of Police Association Inc is headquartered in Oakland, Maine and files with the IRS under EIN 10349282. It is classified under NTEE code I600.
How many years of IRS 990 filings does Maine Chiefs Of Police Association Inc have?
Maine Chiefs Of Police Association 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 $142K in total revenue.
Is Maine Chiefs Of Police Association Inc a good charity?
Based on its financial stability (consistent assets, no liabilities), strong transparency (13 filings, 0% officer compensation), and generally balanced operations, it appears to be a well-managed organization. The recent deficit in 202312 should be monitored, but doesn't negate its overall positive financial history.
How does the organization fund its operations?
The filings show consistent revenue generation, averaging around $140,000 annually. Without specific breakdowns of revenue sources (e.g., membership dues, grants, donations) within the provided data, it's difficult to pinpoint exact funding mechanisms, but the consistent revenue suggests stable support.
What caused the deficit in the 202312 period?
In the 202312 period, expenses ($174,582) significantly exceeded revenue ($141,486). The provided data does not detail the specific expense categories that led to this increase, but it resulted in a draw down from assets, which decreased from $224,022 in 202212 to $190,926 in 202312.
Filing History
IRS 990 filing history for Maine Chiefs Of Police Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Chiefs Of Police Association Inc's revenue has grown by 33%, moving from $106K to $141K. Total assets increased by 8.4% over the same period, from $176K to $191K. Total functional expenses rose by 49.3%, from $117K to $175K. In its most recent filing year (2023), Maine Chiefs Of Police Association Inc reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $141K | $175K | $191K | $0 | — | View 990 |
| 2022 | $140K | $127K | $224K | $0 | — | View 990 |
| 2021 | $77K | $85K | $211K | $0 | — | — |
| 2020 | $111K | $115K | $218K | $0 | — | View 990 |
| 2019 | $145K | $136K | $233K | $0 | — | View 990 |
| 2018 | $156K | $143K | $224K | $0 | — | View 990 |
| 2017 | $114K | $119K | $211K | $0 | — | View 990 |
| 2016 | $157K | $157K | $217K | $0 | — | View 990 |
| 2015 | $137K | $135K | $216K | $0 | — | View 990 |
| 2014 | $165K | $159K | $214K | $0 | — | View 990 |
| 2013 | $140K | $117K | $208K | $0 | — | View 990 |
| 2012 | $126K | $116K | $186K | $675 | — | View 990 |
| 2011 | $106K | $117K | $176K | $675 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $141K, expenses of $175K, and assets of $191K (revenue +1.1% year-over-year).
- 2022: Revenue of $140K, expenses of $127K, and assets of $224K (revenue +81.0% year-over-year).
- 2021: Revenue of $77K, expenses of $85K, and assets of $211K (revenue -30.6% year-over-year).
- 2020: Revenue of $111K, expenses of $115K, and assets of $218K (revenue -23.4% year-over-year).
- 2019: Revenue of $145K, expenses of $136K, and assets of $233K (revenue -6.5% year-over-year).
- 2018: Revenue of $156K, expenses of $143K, and assets of $224K (revenue +36.1% year-over-year).
- 2017: Revenue of $114K, expenses of $119K, and assets of $211K (revenue -27.4% year-over-year).
- 2016: Revenue of $157K, expenses of $157K, and assets of $217K (revenue +14.6% year-over-year).
- 2015: Revenue of $137K, expenses of $135K, and assets of $216K (revenue -16.5% year-over-year).
- 2014: Revenue of $165K, expenses of $159K, and assets of $214K (revenue +17.9% year-over-year).
- 2013: Revenue of $140K, expenses of $117K, and assets of $208K (revenue +11.0% year-over-year).
- 2012: Revenue of $126K, expenses of $116K, and assets of $186K (revenue +18.2% year-over-year).
- 2011: Revenue of $106K, expenses of $117K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Chiefs Of Police Association Inc:
Data Sources and Methodology
This transparency report for Maine Chiefs Of Police Association 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.