Maine Foster Adoptive Childrens Enrichment Services
Maine Foster Adoptive Childrens Enrichment Services reports $0 revenue and assets, indicating financial dormancy.
EIN: 10525605 · Bangor, ME · NTEE: P32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $28K |
| Net Assets | $106K |
| Transparency Score | 10/100 |
Is Maine Foster Adoptive Childrens Enrichment Services Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maine Foster Adoptive Childrens Enrichment Services
Maine Foster Adoptive Childrens Enrichment Services (EIN: 10525605) is a nonprofit organization based in Bangor, ME, classified under NTEE code P32. 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 Foster Adoptive Childrens Enrichment Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Foster Adoptive Childrens Enrichment Services is a micro nonprofit that has been operating for 27 years, with 3 years of IRS 990 filings on record (2010–2012). Revenue has grown at a compound annual rate of 84.8%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $28K |
| Surplus / Deficit | +$6K |
| Total Assets | $216K |
| Total Liabilities | $110K |
| Net Assets | $106K |
| Operating Margin | 18.2% |
| Debt-to-Asset Ratio | 50.7% |
| Months of Reserves | 91.0 months |
Financial Health Grade: A
In 2012, Maine Foster Adoptive Childrens Enrichment Services reported a surplus of $6K with revenue exceeding expenses, holds 91.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.7% (high leverage).
Financial Trends
Over 3 years of filings (2010–2012), Maine Foster Adoptive Childrens Enrichment Services's revenue has grown at a compound annual growth rate (CAGR) of 84.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | +37.0% | -21.3% | +3.0% |
| 2011 | +149.4% | -47.2% | +89.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Foster Adoptive Childrens Enrichment Services with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Maine Foster Adoptive Childrens Enrichment Services allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.7%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings (2010-2012), indicating no direct compensation to officers during its active periods. This suggests a volunteer-led or very lean leadership structure when the organization was operational.
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 Foster Adoptive Childrens Enrichment Services's IRS 990 filings:
- Latest reported revenue is $0
- Latest reported assets are $0, a significant drop from over $200,000 in 2012
- Expenses exceeded revenue in multiple prior periods (e.g., 2011 and 2010)
- Significant liabilities ($109,500) reported in 2011 and 2012, with no clear indication of how they were resolved given current $0 assets.
Strengths
The following positive indicators were identified for Maine Foster Adoptive Childrens Enrichment Services:
- Historically reported 0% officer compensation, indicating a volunteer-driven leadership during its active period.
Frequently Asked Questions about Maine Foster Adoptive Childrens Enrichment Services
Is Maine Foster Adoptive Childrens Enrichment Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Foster Adoptive Childrens Enrichment Services (EIN: 10525605) significant concerns. Mission Score: 10/100. 4 red flags identified, 1 strength noted.
How does Maine Foster Adoptive Childrens Enrichment Services spend its money?
Detailed spending breakdown data is not yet available for Maine Foster Adoptive Childrens Enrichment Services. Check back for updated IRS 990 analysis.
Are donations to Maine Foster Adoptive Childrens Enrichment Services tax-deductible?
Maine Foster Adoptive Childrens Enrichment Services is registered as a tax-exempt nonprofit (EIN: 10525605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Maine Foster Adoptive Childrens Enrichment Services compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), Maine Foster Adoptive Childrens Enrichment Services is below average for NTEE category P32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Foster Adoptive Childrens Enrichment Services located?
Maine Foster Adoptive Childrens Enrichment Services is headquartered in Bangor, Maine and files with the IRS under EIN 10525605. It is classified under NTEE code P32.
How many years of IRS 990 filings does Maine Foster Adoptive Childrens Enrichment Services have?
Maine Foster Adoptive Childrens Enrichment Services has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Maine Foster Adoptive Childrens Enrichment Services still operational?
Based on the latest IRS 990 data showing $0 revenue and $0 assets, it is highly probable that Maine Foster Adoptive Childrens Enrichment Services is no longer actively operating or has ceased its financial activities.
What happened to the organization's assets, which were over $200,000 in 2012?
The filings show a significant decline from $215,784 in assets in 2012 to $0 in the latest report. The reason for this complete depletion of assets is not detailed in the provided data but warrants further investigation.
How did the organization manage its finances when expenses exceeded revenue in prior years?
In 2011, expenses ($36,193) exceeded revenue ($25,400), and significantly in 2010, expenses ($68,485) far outstripped revenue ($10,183). This suggests the organization was either drawing down reserves, incurring debt (liabilities were $109,500 in 2011 and 2012), or relying on other non-revenue income sources not detailed here to cover operational costs.
Filing History
IRS 990 filing history for Maine Foster Adoptive Childrens Enrichment Services showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2010–2012), Maine Foster Adoptive Childrens Enrichment Services's revenue has grown by 241.6%, moving from $10K to $35K. Total assets increased by 94.8% over the same period, from $111K to $216K. Total functional expenses fell by 58.4%, from $68K to $28K. In its most recent filing year (2012), Maine Foster Adoptive Childrens Enrichment Services reported a surplus of $6K, with revenue exceeding expenses. The organization holds $110K in liabilities against $216K in assets (debt-to-asset ratio: 50.7%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $35K | $28K | $216K | $110K | — | View 990 |
| 2011 | $25K | $36K | $209K | $110K | — | View 990 |
| 2010 | $10K | $68K | $111K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2012: Revenue of $35K, expenses of $28K, and assets of $216K (revenue +37.0% year-over-year).
- 2011: Revenue of $25K, expenses of $36K, and assets of $209K (revenue +149.4% year-over-year).
- 2010: Revenue of $10K, expenses of $68K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Foster Adoptive Childrens Enrichment Services:
Data Sources and Methodology
This transparency report for Maine Foster Adoptive Childrens Enrichment Services 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.