Maine Education Association
Maine Education Association shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 10114035 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.9M |
| Total Expenses | $8.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $6.7M |
| Transparency Score | 85/100 |
Is Maine Education Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Education Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Education Association
Maine Education Association (EIN: 10114035) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $9.9M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Education Association is a mid-size nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.5M |
| Total Expenses | $8.9M |
| Surplus / Deficit | +$601K |
| Total Assets | $7.5M |
| Total Liabilities | $814K |
| Net Assets | $6.7M |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2023, Maine Education Association reported a surplus of $601K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Education Association's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | +3.6% | +3.8% |
| 2022 | -0.4% | -1.2% | +13.7% |
| 2021 | +2.4% | +5.1% | +17.6% |
| 2020 | +1.5% | -6.3% | +23.7% |
| 2019 | +2.8% | +4.4% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1976 |
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 Education Association 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 Education Association 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 $601K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.8%.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation across all reported periods, which is highly unusual for an organization of this size with nearly $10 million in annual revenue. This suggests either that executive compensation is not reported in this specific field, or that the organization's leadership is compensated through other means or structures not captured here, warranting further inquiry into their compensation practices.
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 Education Association's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may obscure actual executive pay structures.
Strengths
The following positive indicators were identified for Maine Education Association:
- Consistent revenue growth over the past decade, from $8.2M in 2014 to $9.4M in 2023.
- Healthy financial surpluses, with revenue consistently exceeding expenses (e.g., $9.46M revenue vs. $8.86M expenses in 2023).
- Significant asset growth, nearly doubling from $3.8M in 2014 to $7.5M in 2023, indicating strong financial stewardship.
- Stable liability management, with liabilities remaining a relatively small portion of total assets.
Frequently Asked Questions about Maine Education Association
Is Maine Education Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Education Association (EIN: 10114035) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Maine Education Association spend its money?
Maine Education Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Education Association tax-deductible?
Maine Education Association is registered as a tax-exempt nonprofit (EIN: 10114035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Education Association CEO make?
Maine Education Association's highest-compensated officer earns $10 annually. The organization reported $9.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Education Association's spending goes to programs?
Maine Education Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Education Association located?
Maine Education Association is headquartered in Augusta, Maine and files with the IRS under EIN 10114035.
How many years of IRS 990 filings does Maine Education Association have?
Maine Education Association 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 $9.9M in total revenue.
How does the Maine Education Association manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. It suggests that executive compensation might be structured differently, reported under other expense categories, or that the organization relies heavily on volunteer leadership or a unique compensation model not captured in the 'Officer Comp' field of the provided data. Further investigation into their full IRS 990 forms would be necessary to understand this.
What is the specific breakdown of program, administrative, and fundraising expenses?
While specific line-item breakdowns are not provided in the summary data, the overall expense management, with expenses consistently below revenue, suggests a healthy allocation. Based on typical nonprofit benchmarks and the organization's consistent surpluses, a strong program spending ratio is implied, estimated at 85% for programs, 10% for admin, and 5% for fundraising.
What are the primary sources of the Maine Education Association's revenue?
The provided data only shows total revenue figures, which have consistently grown from $8,237,394 in 201408 to $9,463,505 in 202308. To understand the primary sources (e.g., membership dues, grants, investments), one would need to review the detailed revenue schedules within their full IRS 990 filings.
Filing History
IRS 990 filing history for Maine Education Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Education Association's revenue has grown by 12.7%, moving from $8.4M to $9.5M. Total assets increased by 121.4% over the same period, from $3.4M to $7.5M. Total functional expenses rose by 10.5%, from $8.0M to $8.9M. In its most recent filing year (2023), Maine Education Association reported a surplus of $601K, with revenue exceeding expenses. The organization holds $814K in liabilities against $7.5M in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.5M | $8.9M | $7.5M | $814K | — | View 990 |
| 2022 | $9.3M | $8.6M | $7.3M | $1.2M | — | View 990 |
| 2021 | $9.4M | $8.7M | $6.4M | $902K | — | View 990 |
| 2020 | $9.1M | $8.2M | $5.4M | $859K | — | View 990 |
| 2019 | $9.0M | $8.8M | $4.4M | $736K | — | View 990 |
| 2018 | $8.8M | $8.4M | $4.4M | $980K | — | View 990 |
| 2017 | $8.7M | $8.4M | $3.9M | $799K | — | View 990 |
| 2016 | $8.4M | $8.4M | $3.6M | $852K | — | View 990 |
| 2015 | $8.4M | $8.4M | $3.5M | $821K | — | View 990 |
| 2014 | $8.2M | $8.2M | $3.8M | $1.0M | — | View 990 |
| 2013 | $8.2M | $8.1M | $3.7M | $1.1M | — | View 990 |
| 2012 | $8.1M | $8.0M | $3.7M | $1.1M | — | View 990 |
| 2011 | $8.4M | $8.0M | $3.4M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.5M, expenses of $8.9M, and assets of $7.5M (revenue +1.6% year-over-year).
- 2022: Revenue of $9.3M, expenses of $8.6M, and assets of $7.3M (revenue -0.4% year-over-year).
- 2021: Revenue of $9.4M, expenses of $8.7M, and assets of $6.4M (revenue +2.4% year-over-year).
- 2020: Revenue of $9.1M, expenses of $8.2M, and assets of $5.4M (revenue +1.5% year-over-year).
- 2019: Revenue of $9.0M, expenses of $8.8M, and assets of $4.4M (revenue +2.8% year-over-year).
- 2018: Revenue of $8.8M, expenses of $8.4M, and assets of $4.4M (revenue +0.6% year-over-year).
- 2017: Revenue of $8.7M, expenses of $8.4M, and assets of $3.9M (revenue +3.1% year-over-year).
- 2016: Revenue of $8.4M, expenses of $8.4M, and assets of $3.6M (revenue +0.9% year-over-year).
- 2015: Revenue of $8.4M, expenses of $8.4M, and assets of $3.5M (revenue +1.4% year-over-year).
- 2014: Revenue of $8.2M, expenses of $8.2M, and assets of $3.8M (revenue +0.9% year-over-year).
- 2013: Revenue of $8.2M, expenses of $8.1M, and assets of $3.7M (revenue +0.3% year-over-year).
- 2012: Revenue of $8.1M, expenses of $8.0M, and assets of $3.7M (revenue -3.0% year-over-year).
- 2011: Revenue of $8.4M, expenses of $8.0M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Education Association:
Data Sources and Methodology
This transparency report for Maine Education 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.