Maine Guides Education Fund

Maine Guides Education Fund maintains stable assets with no liabilities, consistently reporting 0% officer compensation.

EIN: 208823493 · Hermon, ME · NTEE: C30 · Updated: 2026-03-28

$19KRevenue

$32KAssets

85/100Mission Score (Excellent)

C30

About Maine Guides Education Fund

Maine Guides Education Fund (EIN: 208823493) is a nonprofit organization based in Hermon, ME, classified under NTEE code C30. The organization reported total revenue of $19K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Guides Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Maine Guides Education Fund demonstrates consistent financial activity, with annual revenues typically ranging from $10,000 to $18,000 in recent years, though it saw a higher revenue of $45,792 in 2014. The organization's assets have remained relatively stable, fluctuating between $26,601 and $45,972 over the past decade, indicating a modest but consistent financial base. A notable strength is the complete absence of liabilities across all reported periods, suggesting sound financial management and no reliance on debt.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the organization consistently reports 0% officer compensation, which is a positive indicator for donor funds being directed towards the mission rather than executive salaries. The organization's expenses have sometimes exceeded revenue, such as in 2023 ($24,691 expenses vs. $17,428 revenue) and 2015 ($22,863 expenses vs. $15,465 revenue), leading to a draw-down on assets, but this appears to be managed without incurring debt.

Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The lack of officer compensation is a strong point for transparency regarding how leadership is compensated. To further enhance transparency, a more detailed breakdown of how expenses are allocated across programs, administration, and fundraising would be beneficial for donors to understand the direct impact of their contributions.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Guides Education Fund 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Maine Guides Education Fund allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly favorable for directing resources to 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 Guides Education Fund's IRS 990 filings:

Expenses sometimes exceed revenue, leading to asset drawdowns (e.g., 2023: $24,691 expenses vs. $17,428 revenue).
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data makes full spending efficiency assessment difficult.

Strengths

The following positive indicators were identified for Maine Guides Education Fund:

Consistent 0% officer compensation across all reported periods.
Zero liabilities reported in all available filings, indicating strong financial health and no debt.
Stable asset base over a decade, demonstrating financial resilience (e.g., $31,086 in 2023).
Consistent IRS 990 filing history (13 filings), indicating good compliance and transparency.

Frequently Asked Questions about Maine Guides Education Fund

Is Maine Guides Education Fund a good charity?

Based on the available data, Maine Guides Education Fund appears to be a financially responsible organization with no liabilities and consistent 0% officer compensation. Its modest size and stable asset base suggest careful management. However, without detailed program spending breakdowns, it's hard to fully assess program effectiveness.

How does Maine Guides Education Fund manage its finances?

The organization manages its finances conservatively, maintaining a stable asset base (e.g., $31,086 in 2023) and consistently reporting zero liabilities. While expenses sometimes exceed revenue (e.g., $24,691 expenses vs. $17,428 revenue in 2023), it manages these fluctuations without incurring debt, drawing from its existing assets.

What is the trend in revenue and expenses for Maine Guides Education Fund?

Revenue has generally been in the $10,000-$18,000 range in recent years, with a peak of $45,792 in 2014. Expenses have also fluctuated, sometimes exceeding revenue, such as in 2023 where expenses were $24,691 against $17,428 in revenue, indicating periods of asset utilization to cover costs.

Filing History

IRS 990 filing history for Maine Guides Education Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Maine Guides Education Fund's revenue has declined by 7.9%, moving from $19K to $17K. Total assets increased by 90.4% over the same period, from $16K to $31K. Total functional expenses rose by 78.5%, from $14K to $25K. In its most recent filing year (2023), Maine Guides Education Fund reported a deficit of $7K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$17K	$25K	$31K	$0	—	View 990
2022	$16K	$4K	$38K	$0	—	View 990
2021	$11K	$14K	$27K	$0	—	—
2020	$10K	$8K	$30K	$0	—	View 990
2019	$13K	$19K	$28K	$0	—	View 990
2018	$13K	$12K	$33K	$0	—	View 990
2017	$13K	$15K	$32K	$0	—	View 990
2016	$11K	$14K	$34K	$0	—	View 990
2015	$15K	$23K	$37K	$0	—	View 990
2014	$46K	$40K	$46K	$0	—	View 990
2013	$27K	$23K	$40K	$0	—	View 990
2012	$22K	$2K	$37K	$0	—	View 990
2011	$19K	$14K	$16K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $17K, expenses of $25K, and assets of $31K (revenue +12.2% year-over-year).
2022: Revenue of $16K, expenses of $4K, and assets of $38K (revenue +43.7% year-over-year).
2021: Revenue of $11K, expenses of $14K, and assets of $27K (revenue +5.4% year-over-year).
2020: Revenue of $10K, expenses of $8K, and assets of $30K (revenue -23.7% year-over-year).
2019: Revenue of $13K, expenses of $19K, and assets of $28K (revenue +0.5% year-over-year).
2018: Revenue of $13K, expenses of $12K, and assets of $33K (revenue +4.0% year-over-year).
2017: Revenue of $13K, expenses of $15K, and assets of $32K (revenue +17.4% year-over-year).
2016: Revenue of $11K, expenses of $14K, and assets of $34K (revenue -29.2% year-over-year).
2015: Revenue of $15K, expenses of $23K, and assets of $37K (revenue -66.2% year-over-year).
2014: Revenue of $46K, expenses of $40K, and assets of $46K (revenue +72.4% year-over-year).
2013: Revenue of $27K, expenses of $23K, and assets of $40K (revenue +18.8% year-over-year).
2012: Revenue of $22K, expenses of $2K, and assets of $37K (revenue +18.2% year-over-year).
2011: Revenue of $19K, expenses of $14K, and assets of $16K.

Data Sources and Methodology

This transparency report for Maine Guides Education Fund 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.