Maine Coast Skaters Association

Maine Coast Skaters Association consistently operates without executive compensation and maintains positive net income in recent years.

EIN: 10543103 · Rockport, ME · NTEE: N68 · Updated: 2026-03-28

$96KRevenue

$23KAssets

92/100Mission Score (Excellent)

N68

About Maine Coast Skaters Association

Maine Coast Skaters Association (EIN: 10543103) is a nonprofit organization based in Rockport, ME, classified under NTEE code N68. The organization reported total revenue of $96K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Coast Skaters Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Maine Coast Skaters Association demonstrates consistent financial stability with revenues generally exceeding expenses over the past several years, as seen in the 202306 period where revenue was $87,989 against expenses of $77,168. The organization maintains a healthy financial position with no reported liabilities across all available filings, indicating strong fiscal management and a lack of debt. Their asset base has shown growth, increasing from $14,685 in 202106 to $32,102 in 202306, suggesting prudent accumulation of resources.

The organization's spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation, which implies that administrative costs are kept very low and resources are primarily directed towards their mission. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the absence of officer compensation is a strong indicator of efficient resource allocation. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency.

Overall, Maine Coast Skaters Association exhibits sound financial health, efficient operations, and a transparent approach to its financial reporting. The consistent positive net income in recent years and the absence of liabilities are strong indicators of a well-managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Coast Skaters Association with a Mission Score of 92 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Maine Coast Skaters Association allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is unpaid, which is highly commendable for an organization of its size with revenues ranging from approximately $60,000 to $176,000.

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.

Strengths

The following positive indicators were identified for Maine Coast Skaters Association:

Consistent 0% officer compensation across all filings, indicating volunteer leadership.
No reported liabilities in any filing period, demonstrating strong financial management.
Positive net income in recent years (202006-202306), showing financial sustainability.
Growing asset base from $9,785 in 202006 to $32,102 in 202306.
Consistent filing of IRS Form 990s over 13 periods, indicating transparency.

Frequently Asked Questions about Maine Coast Skaters Association

Is Maine Coast Skaters Association a good charity?

Based on the provided financial data, Maine Coast Skaters Association appears to be a very good charity. They consistently operate without officer compensation, maintain positive net income in recent years (e.g., $87,989 revenue vs. $77,168 expenses in 202306), and have no reported liabilities, all indicating strong financial health and efficient use of funds.

How has the organization's financial health changed over time?

The organization has shown consistent financial health, with revenues generally exceeding expenses, especially in recent years. While there were periods of slight deficits (e.g., 201906, 201806, 201706), the trend from 202006 to 202306 shows consistent positive net income and growing assets, from $9,785 in 202006 to $32,102 in 202306.

What is the organization's approach to executive compensation?

Maine Coast Skaters Association has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation across all 13 available filings. This indicates that the organization's leadership serves on a volunteer basis, maximizing resources for its mission.

Filing History

IRS 990 filing history for Maine Coast Skaters Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Maine Coast Skaters Association's revenue has declined by 38.1%, moving from $142K to $88K. Total assets increased by 768.1% over the same period, from $4K to $32K. Total functional expenses fell by 48.7%, from $150K to $77K. In its most recent filing year (2023), Maine Coast Skaters Association reported a surplus of $11K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$88K	$77K	$32K	$0	—	View 990
2022	$86K	$79K	$21K	$0	—	View 990
2021	$62K	$57K	$15K	$0	—	—
2020	$95K	$88K	$10K	$0	—	—
2019	$100K	$115K	$3K	$0	—	View 990
2018	$117K	$119K	$18K	$0	—	View 990
2017	$93K	$108K	$19K	$0	—	View 990
2016	$116K	$119K	$34K	$0	—	View 990
2015	$121K	$100K	$36K	$0	—	View 990
2014	$176K	$164K	$15K	$0	—	View 990
2013	$169K	$169K	$3K	$0	—	View 990
2012	$148K	$144K	$3K	$0	—	View 990
2011	$142K	$150K	$4K	$4K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $88K, expenses of $77K, and assets of $32K (revenue +2.8% year-over-year).
2022: Revenue of $86K, expenses of $79K, and assets of $21K (revenue +38.5% year-over-year).
2021: Revenue of $62K, expenses of $57K, and assets of $15K (revenue -34.9% year-over-year).
2020: Revenue of $95K, expenses of $88K, and assets of $10K (revenue -4.9% year-over-year).
2019: Revenue of $100K, expenses of $115K, and assets of $3K (revenue -14.9% year-over-year).
2018: Revenue of $117K, expenses of $119K, and assets of $18K (revenue +25.9% year-over-year).
2017: Revenue of $93K, expenses of $108K, and assets of $19K (revenue -20.0% year-over-year).
2016: Revenue of $116K, expenses of $119K, and assets of $34K (revenue -4.0% year-over-year).
2015: Revenue of $121K, expenses of $100K, and assets of $36K (revenue -31.2% year-over-year).
2014: Revenue of $176K, expenses of $164K, and assets of $15K (revenue +4.2% year-over-year).
2013: Revenue of $169K, expenses of $169K, and assets of $3K (revenue +14.6% year-over-year).
2012: Revenue of $148K, expenses of $144K, and assets of $3K (revenue +4.0% year-over-year).
2011: Revenue of $142K, expenses of $150K, and assets of $4K.

Data Sources and Methodology

This transparency report for Maine Coast Skaters 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.