Maine Huts & Trails
Maine Huts & Trails shows recent financial recovery after years of asset decline and operating deficits.
EIN: 10537084 · Kingfield, ME · NTEE: B82 · Updated: 2026-03-28
Is Maine Huts & Trails Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Huts & Trails directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Huts & Trails
Maine Huts & Trails (EIN: 10537084) is a nonprofit organization based in Kingfield, ME, classified under NTEE code B82. The organization reported total revenue of $1.2M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Huts & Trails's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Huts & Trails 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 Huts & Trails 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.
Executive Compensation Analysis
Maine Huts & Trails consistently reports 0% officer compensation across all 13 available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is highly unusual for an organization of its size with over $1 million in annual revenue and suggests a strong commitment to directing funds towards its mission rather than executive salaries.
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 Huts & Trails's IRS 990 filings:
- Consistent decline in assets from $6.2M in 2014 to $4.0M in 2023, indicating a reduction in financial reserves.
- Multiple years of operating deficits where expenses exceeded revenue (e.g., 202206, 202106, 201906, 201806, 201706, 201612, 201412), suggesting historical challenges in financial management.
Strengths
The following positive indicators were identified for Maine Huts & Trails:
- Strong financial turnaround in the latest 202306 filing, with revenue significantly exceeding expenses ($1,821,500 vs. $1,053,411).
- Zero officer compensation reported across all 13 filings, demonstrating exceptional transparency and commitment to directing funds to the mission.
- Significant reduction in liabilities from $1,966,880 in 201412 to $382,953 in 202306, improving financial health and reducing risk.
- Ability to generate substantial revenue in peak years, indicating strong fundraising or program income potential.
Frequently Asked Questions about Maine Huts & Trails
Is Maine Huts & Trails a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Huts & Trails (EIN: 10537084) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Maine Huts & Trails spend its money?
Maine Huts & Trails directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Huts & Trails tax-deductible?
Maine Huts & Trails is registered as a tax-exempt nonprofit (EIN: 10537084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Maine Huts & Trails financially stable long-term?
While the 202306 filing shows a significant surplus, the organization has experienced several years of operating deficits and a consistent decline in assets from $6.2 million in 201412 to $4.0 million in 202306. Long-term stability will depend on sustaining recent revenue growth and managing expenses to rebuild its asset base.
How does Maine Huts & Trails manage executive compensation?
Maine Huts & Trails reports 0% officer compensation in all available filings, indicating that no salaries or other compensation were paid to its officers, directors, trustees, or key employees. This is a strong indicator of efficient use of funds and transparency in executive pay.
What caused the significant asset decline over the past decade?
The consistent decline in assets from $6,235,670 in 201412 to $4,001,387 in 202306, coupled with several years of expenses exceeding revenue (e.g., 202206, 202106, 201906, 201806, 201706, 201612, 201412), suggests that operating deficits and potentially capital expenditures or depreciation have contributed to the reduction in net assets.
Is the recent financial surplus in 202306 sustainable?
The 202306 period showed a strong surplus with revenue of $1,821,500 against expenses of $1,053,411. However, this follows a period of lower revenue and deficits. Sustainability will depend on consistent revenue generation and expense control, as previous years have shown significant fluctuations.
Filing History
IRS 990 filing history for Maine Huts & Trails showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Huts & Trails's revenue has grown by 27%, moving from $1.4M to $1.8M. Total assets decreased by 35.6% over the same period, from $6.2M to $4.0M. Total functional expenses fell by 17.6%, from $1.3M to $1.1M. In its most recent filing year (2023), Maine Huts & Trails reported a surplus of $768K, with revenue exceeding expenses. The organization holds $383K in liabilities against $4.0M in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.1M | $4.0M | $383K | — | View 990 |
| 2022 | $761K | $1.0M | $4.4M | $1.5M | — | View 990 |
| 2021 | $661K | $910K | $4.9M | $1.8M | — | View 990 |
| 2020 | $1.1M | $1.0M | $5.2M | $1.8M | — | View 990 |
| 2019 | $1.6M | $1.7M | $5.3M | $1.9M | — | View 990 |
| 2018 | $1.4M | $1.8M | $5.2M | $1.8M | — | View 990 |
| 2017 | $1.7M | $1.8M | $5.5M | $1.5M | — | View 990 |
| 2016 | $659K | $804K | $5.9M | $1.7M | — | — |
| 2015 | $1.7M | $1.7M | $6.0M | $1.7M | — | View 990 |
| 2014 | $1.4M | $1.8M | $6.2M | $2.0M | — | View 990 |
| 2013 | $1.7M | $1.4M | $6.9M | $2.2M | — | View 990 |
| 2012 | $1.4M | $1.3M | $6.8M | $2.4M | — | View 990 |
| 2011 | $1.4M | $1.3M | $6.2M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.1M, and assets of $4.0M (revenue +139.2% year-over-year).
- 2022: Revenue of $761K, expenses of $1.0M, and assets of $4.4M (revenue +15.1% year-over-year).
- 2021: Revenue of $661K, expenses of $910K, and assets of $4.9M (revenue -37.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $5.2M (revenue -36.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.7M, and assets of $5.3M (revenue +18.0% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.8M, and assets of $5.2M (revenue -18.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.8M, and assets of $5.5M (revenue +161.3% year-over-year).
- 2016: Revenue of $659K, expenses of $804K, and assets of $5.9M (revenue -60.1% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $6.0M (revenue +16.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.8M, and assets of $6.2M (revenue -17.7% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.4M, and assets of $6.9M (revenue +23.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $6.8M (revenue -2.4% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.3M, and assets of $6.2M.
Data Sources and Methodology
This transparency report for Maine Huts & Trails 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.