Maine Innkeepers Education Foundation
Maine Innkeepers Education Foundation maintains stable assets and low liabilities with no executive compensation.
EIN: 10544274 · Augusta, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $19K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20,000. |
| Net Assets | $128K |
| Transparency Score | 85/100 |
Is Maine Innkeepers Education Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Innkeepers Education Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Innkeepers Education Foundation
Maine Innkeepers Education Foundation (EIN: 10544274) is a nonprofit organization based in Augusta, ME, classified under NTEE code B82. The organization reported total revenue of $20K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Innkeepers Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Innkeepers Education Foundation is a micro nonprofit that has been operating for 25 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $19K |
| Surplus / Deficit | +$919 |
| Total Assets | $128K |
| Net Assets | $128K |
| Operating Margin | 4.6% |
| Months of Reserves | 79.8 months |
Financial Health Grade: A
In 2018, Maine Innkeepers Education Foundation reported a surplus of $919 with revenue exceeding expenses, holds 79.8 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2018), Maine Innkeepers Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -10.1% | +152.5% | -16.3% |
| 2017 | +0.1% | -39.0% | +22.7% |
| 2016 | -22.9% | -12.3% | +8.2% |
| 2015 | +47.0% | -1.6% | -3.3% |
| 2014 | +13.0% | -13.2% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
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 Innkeepers Education Foundation 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: 85%
- fundraising: 0%
According to IRS 990 filings, Maine Innkeepers Education Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $919, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officer salaries are paid, which is highly efficient for an organization of its size with annual revenues around $20,000.
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.
Strengths
The following positive indicators were identified for Maine Innkeepers Education Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Strong asset base ($127,536 in 2018) relative to annual revenue and expenses, providing financial stability.
- Minimal to no liabilities across all reported periods, demonstrating sound financial management.
- Expenses generally kept below revenue, indicating responsible spending and accumulation of reserves.
- Long filing history (8 filings) suggests consistent operation and transparency.
Frequently Asked Questions about Maine Innkeepers Education Foundation
Is Maine Innkeepers Education Foundation a legitimate charity?
Maine Innkeepers Education Foundation (EIN: 10544274) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $20K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Maine Innkeepers Education Foundation spend its money?
Maine Innkeepers Education Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Maine Innkeepers Education Foundation tax-deductible?
Maine Innkeepers Education Foundation is registered as a tax-exempt nonprofit (EIN: 10544274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Innkeepers Education Foundation CEO make?
Maine Innkeepers Education Foundation's highest-compensated officer earns $20,000. annually. The organization reported $20K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Maine Innkeepers Education Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maine Innkeepers Education Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Innkeepers Education Foundation located?
Maine Innkeepers Education Foundation is headquartered in Augusta, Maine and files with the IRS under EIN 10544274. It is classified under NTEE code B82.
How many years of IRS 990 filings does Maine Innkeepers Education Foundation have?
Maine Innkeepers Education Foundation has 8 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 $20K in total revenue.
Is the Maine Innkeepers Education Foundation a good charity?
Based on the provided data, the Maine Innkeepers Education Foundation appears to be a well-managed charity. It consistently maintains healthy assets relative to its liabilities, reports 0% officer compensation, and generally keeps expenses below revenue, indicating financial prudence and a strong focus on its mission without significant administrative overhead.
How does the organization fund its operations?
The organization primarily funds its operations through revenue, which has ranged from $12,872 to $28,956 over the past eight years. Given its NTEE code (B82 - Vocational Technical Schools), it likely receives contributions, grants, or fees related to educational programs for innkeepers.
What is the trend in the organization's financial health?
The organization shows consistent financial health with stable assets, ranging from $95,719 to $152,342, and minimal to no liabilities. While revenue and expenses fluctuate year-to-year, the overall trend indicates responsible management and a sustained ability to operate.
Filing History
IRS 990 filing history for Maine Innkeepers Education Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Maine Innkeepers Education Foundation's revenue has grown by 1.4%, moving from $20K to $20K. Total assets increased by 33.2% over the same period, from $96K to $128K. Total functional expenses rose by 86.9%, from $10K to $19K. In its most recent filing year (2018), Maine Innkeepers Education Foundation reported a surplus of $919, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $20K | $19K | $128K | $0 | — | View 990 |
| 2017 | $22K | $8K | $152K | $4K | — | View 990 |
| 2016 | $22K | $12K | $124K | $0 | — | View 990 |
| 2015 | $29K | $14K | $115K | $0 | — | View 990 |
| 2014 | $20K | $14K | $119K | $0 | — | View 990 |
| 2013 | $17K | $17K | $119K | $0 | — | View 990 |
| 2012 | $13K | $5K | $111K | $0 | — | View 990 |
| 2011 | $20K | $10K | $96K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $20K, expenses of $19K, and assets of $128K (revenue -10.1% year-over-year).
- 2017: Revenue of $22K, expenses of $8K, and assets of $152K (revenue +0.1% year-over-year).
- 2016: Revenue of $22K, expenses of $12K, and assets of $124K (revenue -22.9% year-over-year).
- 2015: Revenue of $29K, expenses of $14K, and assets of $115K (revenue +47.0% year-over-year).
- 2014: Revenue of $20K, expenses of $14K, and assets of $119K (revenue +13.0% year-over-year).
- 2013: Revenue of $17K, expenses of $17K, and assets of $119K (revenue +35.5% year-over-year).
- 2012: Revenue of $13K, expenses of $5K, and assets of $111K (revenue -35.0% year-over-year).
- 2011: Revenue of $20K, expenses of $10K, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Innkeepers Education Foundation:
Data Sources and Methodology
This transparency report for Maine Innkeepers Education Foundation 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.