Maine Coastal Habitat Foundation
Maine Coastal Habitat Foundation maintains strong asset base with minimal liabilities and no officer compensation.
EIN: 10544416 · Spruce Head, ME · NTEE: U50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $42K |
| Program Spending | 85% |
| Net Assets | $806K |
| Transparency Score | 85/100 |
Is Maine Coastal Habitat Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Coastal Habitat Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Coastal Habitat Foundation
Maine Coastal Habitat Foundation (EIN: 10544416) is a nonprofit organization based in Spruce Head, ME, classified under NTEE code U50. The organization reported total revenue of $67K and total assets of $806K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Coastal Habitat Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Coastal Habitat Foundation is a micro nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $42K |
| Surplus / Deficit | +$25K |
| Total Assets | $806K |
| Total Liabilities | $1 |
| Net Assets | $806K |
| Operating Margin | 37.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 230.8 months |
Financial Health Grade: A
In 2023, Maine Coastal Habitat Foundation reported a surplus of $25K with revenue exceeding expenses, holds 230.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Maine Coastal Habitat Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.2% | -7.4% | +3.2% |
| 2022 | +5435.8% | +96.9% | +1.3% |
| 2021 | -97.7% | -13.1% | -2.8% |
| 2020 | +105.9% | +16.4% | +2.1% |
| 2019 | -70.2% | -31.0% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
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 Coastal Habitat Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Maine Coastal Habitat Foundation 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:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for donor confidence.
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 Coastal Habitat Foundation's IRS 990 filings:
- NTEE Code U50 (Unknown) provides limited insight into specific programmatic focus.
Strengths
The following positive indicators were identified for Maine Coastal Habitat Foundation:
- Strong asset base relative to annual expenses ($806,331 assets vs. $41,928 expenses in 2023).
- Consistently low liabilities ($1 across all reported periods).
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Expenses consistently lower than revenue in most recent years, allowing for asset growth.
- Consistent IRS 990 filing history demonstrates transparency.
Frequently Asked Questions about Maine Coastal Habitat Foundation
Is Maine Coastal Habitat Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Coastal Habitat Foundation (EIN: 10544416) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Maine Coastal Habitat Foundation spend its money?
Maine Coastal Habitat Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Coastal Habitat Foundation tax-deductible?
Maine Coastal Habitat Foundation is registered as a tax-exempt nonprofit (EIN: 10544416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Coastal Habitat Foundation's spending goes to programs?
Maine Coastal Habitat Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Coastal Habitat Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maine Coastal Habitat Foundation is above average for NTEE category U50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Coastal Habitat Foundation located?
Maine Coastal Habitat Foundation is headquartered in Spruce Head, Maine and files with the IRS under EIN 10544416. It is classified under NTEE code U50.
How many years of IRS 990 filings does Maine Coastal Habitat Foundation have?
Maine Coastal Habitat Foundation has 10 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 $67K in total revenue.
Is Maine Coastal Habitat Foundation a good charity?
Based on its financial health, strong asset base ($806,331 in 2023), low liabilities ($1 in 2023), and zero officer compensation, it appears to be a well-managed organization. Its consistent financial reporting and efficient spending (expenses typically less than revenue) are positive indicators.
What is the primary purpose of the Maine Coastal Habitat Foundation?
While the NTEE code U50 (Unknown) doesn't specify, the name suggests a focus on coastal habitat preservation or related environmental efforts in Maine. Further investigation into their specific program activities would clarify this.
How has the organization's revenue trended over time?
Revenue has fluctuated significantly, with a peak of $514,032 in 2012 and a low of $1 in 2014 and 2021. More recently, revenue has been $67,209 in 2023 and $55,469 in 2022, showing a positive trend from the 2021 low.
Are the assets growing or shrinking?
The organization's assets have generally remained stable or shown slight growth over the past decade, increasing from $339,794 in 2011 to $806,331 in 2023, indicating sound financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Maine Coastal Habitat Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Maine Coastal Habitat Foundation's revenue has grown by 38.7%, moving from $48K to $67K. Total assets increased by 137.3% over the same period, from $340K to $806K. Total functional expenses rose by 73.4%, from $24K to $42K. In its most recent filing year (2023), Maine Coastal Habitat Foundation reported a surplus of $25K, with revenue exceeding expenses. The organization holds $1 in liabilities against $806K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $806K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $42K | $806K | $1 | — | — |
| 2022 | $55K | $45K | $781K | $1 | — | View 990 |
| 2021 | $1K | $23K | $771K | $1 | — | View 990 |
| 2020 | $43K | $26K | $793K | $1 | — | View 990 |
| 2019 | $21K | $23K | $776K | $1 | — | — |
| 2015 | $70K | $33K | $810K | $1 | — | View 990 |
| 2014 | $1 | $23K | $773K | $1 | — | View 990 |
| 2013 | $1K | $21K | $796K | $1 | — | View 990 |
| 2012 | $514K | $38K | $816K | $1 | — | View 990 |
| 2011 | $48K | $24K | $340K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $42K, and assets of $806K (revenue +21.2% year-over-year).
- 2022: Revenue of $55K, expenses of $45K, and assets of $781K (revenue +5435.8% year-over-year).
- 2021: Revenue of $1K, expenses of $23K, and assets of $771K (revenue -97.7% year-over-year).
- 2020: Revenue of $43K, expenses of $26K, and assets of $793K (revenue +105.9% year-over-year).
- 2019: Revenue of $21K, expenses of $23K, and assets of $776K (revenue -70.2% year-over-year).
- 2015: Revenue of $70K, expenses of $33K, and assets of $810K (revenue +7000000.0% year-over-year).
- 2014: Revenue of $1, expenses of $23K, and assets of $773K (revenue -99.9% year-over-year).
- 2013: Revenue of $1K, expenses of $21K, and assets of $796K (revenue -99.8% year-over-year).
- 2012: Revenue of $514K, expenses of $38K, and assets of $816K (revenue +961.0% year-over-year).
- 2011: Revenue of $48K, expenses of $24K, and assets of $340K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Coastal Habitat Foundation:
Data Sources and Methodology
This transparency report for Maine Coastal Habitat Foundation 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.