Maine Franchise Owners Assoc
EIN: 463570074 · Portland, ME · NTEE: S41
| Metric | Value |
|---|---|
| Total Expenses | $8K |
| Net Assets | $2K |
Is Maine Franchise Owners Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maine Franchise Owners Assoc
Maine Franchise Owners Assoc (EIN: 463570074) is a nonprofit organization based in Portland, ME, classified under NTEE code S41. The organization reported total revenue of $0 and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Franchise Owners Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Franchise Owners Assoc is a micro nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2013–2023).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maine Franchise Owners Assoc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Franchise Owners Assoc with a Mission Score of 0 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 75.8%.
Frequently Asked Questions about Maine Franchise Owners Assoc
Is Maine Franchise Owners Assoc a legitimate charity?
Maine Franchise Owners Assoc (EIN: 463570074) is a registered tax-exempt nonprofit based in Maine. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Maine Franchise Owners Assoc spend its money?
Maine Franchise Owners Assoc reported its financials in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Maine Franchise Owners Assoc tax-deductible?
Maine Franchise Owners Assoc is registered as a tax-exempt nonprofit (EIN: 463570074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maine Franchise Owners Assoc located?
Maine Franchise Owners Assoc is headquartered in Portland, Maine and files with the IRS under EIN 463570074. It is classified under NTEE code S41.
How many years of IRS 990 filings does Maine Franchise Owners Assoc have?
Maine Franchise Owners Assoc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Maine Franchise Owners Assoc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Maine Franchise Owners Assoc's revenue has declined by 100%, moving from $77K to $0. Total assets decreased by 62.1% over the same period, from $17K to $7K. Total functional expenses fell by 87.3%, from $60K to $8K. The organization holds $5K in liabilities against $7K in assets (debt-to-asset ratio: 75.8%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $8K | $7K | $5K | — | — |
| 2022 | $0 | $12K | $9K | $0 | — | — |
| 2021 | $0 | $11K | $21K | $0 | — | — |
| 2020 | $0 | $11K | $32K | $0 | — | — |
| 2019 | $0 | $11K | $43K | $0 | — | View 990 |
| 2018 | $0 | $14K | $54K | $0 | — | View 990 |
| 2017 | $20K | $10K | $68K | $0 | — | View 990 |
| 2016 | $26K | $12K | $58K | $0 | — | View 990 |
| 2015 | $40K | $18K | $44K | $0 | — | View 990 |
| 2014 | $121K | $116K | $22K | $0 | — | View 990 |
| 2013 | $77K | $60K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $8K, and assets of $7K.
- 2022: Revenue of $0, expenses of $12K, and assets of $9K.
- 2021: Revenue of $0, expenses of $11K, and assets of $21K.
- 2020: Revenue of $0, expenses of $11K, and assets of $32K.
- 2019: Revenue of $0, expenses of $11K, and assets of $43K.
- 2018: Revenue of $0, expenses of $14K, and assets of $54K (revenue -100.0% year-over-year).
- 2017: Revenue of $20K, expenses of $10K, and assets of $68K (revenue -21.6% year-over-year).
- 2016: Revenue of $26K, expenses of $12K, and assets of $58K (revenue -36.3% year-over-year).
- 2015: Revenue of $40K, expenses of $18K, and assets of $44K (revenue -66.9% year-over-year).
- 2014: Revenue of $121K, expenses of $116K, and assets of $22K (revenue +56.0% year-over-year).
- 2013: Revenue of $77K, expenses of $60K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Franchise Owners Assoc:
Data Sources and Methodology
This transparency report for Maine Franchise Owners Assoc 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.