Maine Council On Problem Gambling
Maine Council On Problem Gambling operated at a slight deficit in its last reported filing with minimal assets.
EIN: 10547612 · Searsport, ME · NTEE: W01 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $58K |
| Program Spending | 85% |
| Net Assets | $2K |
| Transparency Score | 65/100 |
Is Maine Council On Problem Gambling Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Council On Problem Gambling directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Council On Problem Gambling
Maine Council On Problem Gambling (EIN: 10547612) is a nonprofit organization based in Searsport, ME, classified under NTEE code W01. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Council On Problem Gambling's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Council On Problem Gambling is a micro nonprofit that has been operating for 12 years.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $58K |
| Surplus / Deficit | $-1,120 |
| Total Assets | $8K |
| Total Liabilities | $7K |
| Net Assets | $2K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 78.7% |
| Months of Reserves | 1.7 months |
Financial Health Grade: D
In 2017, Maine Council On Problem Gambling reported a deficit of $1K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 78.7% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Council On Problem Gambling with a Mission Score of 65 out of 100 (Good). 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 Council On Problem Gambling 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 78.7%.
Executive Compensation Analysis
No officer compensation was reported in the 201706 filing, suggesting that executive leadership may be volunteer-based or compensated through non-officer channels, which is common for very small organizations and can contribute to lower administrative overhead.
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 Council On Problem Gambling's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential inactivity or cessation of operations.
- Operated at a deficit in the last reported period (expenses $58,393 vs. revenue $57,273).
- Very limited assets ($8,322) for an organization, suggesting a lack of financial reserves.
Strengths
The following positive indicators were identified for Maine Council On Problem Gambling:
- No officer compensation reported in 201706, potentially indicating volunteer leadership and efficient use of funds.
- Focus on a specific community need (problem gambling).
Frequently Asked Questions about Maine Council On Problem Gambling
Is Maine Council On Problem Gambling a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Council On Problem Gambling (EIN: 10547612) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Maine Council On Problem Gambling spend its money?
Maine Council On Problem Gambling directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Council On Problem Gambling tax-deductible?
Maine Council On Problem Gambling is registered as a tax-exempt nonprofit (EIN: 10547612). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Council On Problem Gambling's spending goes to programs?
Maine Council On Problem Gambling directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Council On Problem Gambling compare to similar nonprofits?
With a transparency score of 65/100 (Good), Maine Council On Problem Gambling is above average for NTEE category W01 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Council On Problem Gambling located?
Maine Council On Problem Gambling is headquartered in Searsport, Maine and files with the IRS under EIN 10547612. It is classified under NTEE code W01.
What is the current operational status of the Maine Council On Problem Gambling, given the latest reported revenue and assets are $0?
The provided data indicates $0 for latest revenue and assets, which could mean the organization is currently inactive, has ceased operations, or has not filed more recent financial data that would reflect ongoing activity. Further investigation into more recent filings or public statements would be necessary to confirm its current status.
How does the organization sustain itself with such limited assets and a history of operating at a deficit?
With assets of $8,322 and expenses exceeding revenue by $1,120 in 201706, the organization likely relies heavily on year-to-year funding, grants, or volunteer efforts. Its ability to sustain operations long-term without building reserves is a concern.
Filing History
IRS 990 filing history for Maine Council On Problem Gambling showing financial trends over 1 year of public records:
In its most recent filing year (2017), Maine Council On Problem Gambling reported a deficit of $1K, with expenses exceeding revenue. The organization holds $7K in liabilities against $8K in assets (debt-to-asset ratio: 78.7%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $57K | $58K | $8K | $7K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Council On Problem Gambling:
Data Sources and Methodology
This transparency report for Maine Council On Problem Gambling 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.