Maine Dairy And Nutrition Council
Maine Dairy And Nutrition Council maintains stable revenue but faces significant liabilities in 2023.
EIN: 10507513 · Augusta, ME · NTEE: K40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $192K |
| Program Spending | 85% |
| Net Assets | $-75,054 |
| Transparency Score | 75/100 |
Is Maine Dairy And Nutrition Council Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Dairy And Nutrition Council directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Dairy And Nutrition Council
Maine Dairy And Nutrition Council (EIN: 10507513) is a nonprofit organization based in Augusta, ME, classified under NTEE code K40. The organization reported total revenue of $197K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Dairy And Nutrition Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Dairy And Nutrition Council is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $197K |
| Total Expenses | $192K |
| Surplus / Deficit | +$5K |
| Total Assets | $113K |
| Total Liabilities | $188K |
| Net Assets | $-75,054 |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 166.2% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Maine Dairy And Nutrition Council reported a surplus of $5K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 166.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Dairy And Nutrition Council's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | -7.8% | +13.8% |
| 2022 | -3.6% | -3.3% | -12.4% |
| 2021 | -5.4% | -7.0% | -7.2% |
| 2020 | -2.9% | +5.6% | -9.3% |
| 2019 | -0.2% | +12.1% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
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 Dairy And Nutrition Council with a Mission Score of 75 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 Dairy And Nutrition Council 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 166.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation, which is highly favorable for a nonprofit of this size and suggests efficient use of funds for its mission.
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 Dairy And Nutrition Council's IRS 990 filings:
- Significant increase in liabilities in 2023 ($188,412) far exceeding assets ($113,358).
- Expenses frequently exceed revenue in recent years (e.g., 2022, 2021, 2020), indicating potential reliance on reserves or accumulating debt.
Strengths
The following positive indicators were identified for Maine Dairy And Nutrition Council:
- Consistent revenue generation, typically around $200,000 annually.
- 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Stable asset base prior to 2023, generally above $90,000.
Frequently Asked Questions about Maine Dairy And Nutrition Council
Is Maine Dairy And Nutrition Council a legitimate charity?
Maine Dairy And Nutrition Council (EIN: 10507513) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $197K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Maine Dairy And Nutrition Council spend its money?
Maine Dairy And Nutrition Council directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Dairy And Nutrition Council tax-deductible?
Maine Dairy And Nutrition Council is registered as a tax-exempt nonprofit (EIN: 10507513). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Dairy And Nutrition Council's spending goes to programs?
Maine Dairy And Nutrition Council directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Dairy And Nutrition Council compare to similar nonprofits?
With a transparency score of 75/100 (Good), Maine Dairy And Nutrition Council is above average for NTEE category K40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Dairy And Nutrition Council located?
Maine Dairy And Nutrition Council is headquartered in Augusta, Maine and files with the IRS under EIN 10507513. It is classified under NTEE code K40.
How many years of IRS 990 filings does Maine Dairy And Nutrition Council have?
Maine Dairy And Nutrition Council 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 $197K in total revenue.
What caused the significant increase in liabilities to $188,412 in 2023?
The IRS 990 data shows a dramatic jump in liabilities from $20,245 in 2022 to $188,412 in 2023. This change is not explained in the provided summary and would require reviewing the full 990 form for details on the nature of these liabilities.
How does the organization manage its program expenses given its consistent revenue and occasional expense overruns?
While revenue has been stable around $200,000, expenses have sometimes exceeded revenue (e.g., $207,932 expenses vs. $197,306 revenue in 2022). This suggests the organization may draw on reserves or incur short-term deficits to fund its programs, though the specific allocation of program vs. administrative costs is not detailed in the provided data.
What is the long-term strategy for managing assets and liabilities, especially after the 2023 liability increase?
With assets of $113,358 and liabilities of $188,412 in 2023, the organization has a negative net asset position. Understanding the plan to address this imbalance and ensure financial solvency is crucial for long-term sustainability.
Filing History
IRS 990 filing history for Maine Dairy And Nutrition Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Dairy And Nutrition Council's revenue has grown by 0.6%, moving from $196K to $197K. Total assets decreased by 13.6% over the same period, from $131K to $113K. Total functional expenses rose by 3.3%, from $186K to $192K. In its most recent filing year (2023), Maine Dairy And Nutrition Council reported a surplus of $5K, with revenue exceeding expenses. The organization holds $188K in liabilities against $113K in assets (debt-to-asset ratio: 166.2%), resulting in net assets of $-75,054.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $197K | $192K | $113K | $188K | — | — |
| 2022 | $197K | $208K | $100K | $20K | — | View 990 |
| 2021 | $205K | $215K | $114K | $24K | — | — |
| 2020 | $216K | $231K | $123K | $22K | — | View 990 |
| 2019 | $223K | $219K | $135K | $20K | — | View 990 |
| 2018 | $224K | $195K | $127K | $16K | — | View 990 |
| 2017 | $229K | $193K | $116K | $33K | — | View 990 |
| 2016 | $191K | $196K | $82K | $35K | — | View 990 |
| 2015 | $187K | $240K | $97K | $45K | — | View 990 |
| 2014 | $194K | $227K | $141K | $35K | — | View 990 |
| 2013 | $203K | $193K | $172K | $33K | — | View 990 |
| 2012 | $209K | $181K | $161K | $32K | — | View 990 |
| 2011 | $196K | $186K | $131K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $197K, expenses of $192K, and assets of $113K (revenue -0.3% year-over-year).
- 2022: Revenue of $197K, expenses of $208K, and assets of $100K (revenue -3.6% year-over-year).
- 2021: Revenue of $205K, expenses of $215K, and assets of $114K (revenue -5.4% year-over-year).
- 2020: Revenue of $216K, expenses of $231K, and assets of $123K (revenue -2.9% year-over-year).
- 2019: Revenue of $223K, expenses of $219K, and assets of $135K (revenue -0.2% year-over-year).
- 2018: Revenue of $224K, expenses of $195K, and assets of $127K (revenue -2.3% year-over-year).
- 2017: Revenue of $229K, expenses of $193K, and assets of $116K (revenue +19.8% year-over-year).
- 2016: Revenue of $191K, expenses of $196K, and assets of $82K (revenue +2.0% year-over-year).
- 2015: Revenue of $187K, expenses of $240K, and assets of $97K (revenue -3.3% year-over-year).
- 2014: Revenue of $194K, expenses of $227K, and assets of $141K (revenue -4.7% year-over-year).
- 2013: Revenue of $203K, expenses of $193K, and assets of $172K (revenue -2.7% year-over-year).
- 2012: Revenue of $209K, expenses of $181K, and assets of $161K (revenue +6.8% year-over-year).
- 2011: Revenue of $196K, expenses of $186K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Dairy And Nutrition Council:
Data Sources and Methodology
This transparency report for Maine Dairy And Nutrition Council 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.