Maine Leadership Institute
Maine Leadership Institute shows fluctuating revenue and asset growth, with no reported officer compensation.
EIN: 10348888 · Yarmouth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $312K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $174,286. |
| Net Assets | $17K |
| Transparency Score | 75/100 |
Is Maine Leadership Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Leadership Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Leadership Institute
Maine Leadership Institute (EIN: 10348888) is a nonprofit organization based in Yarmouth, ME. The organization reported total revenue of $174K and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Leadership Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Leadership Institute is a small nonprofit that has been operating for 49 years, with 6 years of IRS 990 filings on record (2011–2020).
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $291K |
| Total Expenses | $312K |
| Surplus / Deficit | $-20,832 |
| Total Assets | $68K |
| Total Liabilities | $50K |
| Net Assets | $17K |
| Operating Margin | -7.2% |
| Debt-to-Asset Ratio | 74.4% |
| Months of Reserves | 2.6 months |
Financial Health Grade: D
In 2020, Maine Leadership Institute reported a deficit of $21K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 74.4% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +171.3% | +229.3% | +42.6% |
| 2019 | +996.0% | +279.0% | +1107.4% |
| 2014 | -71.0% | -38.1% | -40.7% |
| 2013 | +33.3% | +125.1% | -49.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Leadership Institute 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 Leadership Institute 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.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its size with current revenue of $174,286.
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 Leadership Institute's IRS 990 filings:
- Significant revenue fluctuation over time, making future projections challenging.
- Expenses exceeded revenue in 2020 ($311,781 expenses vs. $290,949 revenue), indicating a deficit for that period.
Strengths
The following positive indicators were identified for Maine Leadership Institute:
- No reported officer compensation across all filings, indicating a strong commitment to directing funds to mission.
- Consistent growth in assets from $67,549 in 2020 to $115,784 currently, suggesting financial accumulation.
- Demonstrated ability to significantly increase revenue, as seen by the jump from $0 in 2011 to $290,949 in 2020.
Frequently Asked Questions about Maine Leadership Institute
Is Maine Leadership Institute a legitimate charity?
Maine Leadership Institute (EIN: 10348888) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 6 years of IRS 990 filings on record. Total revenue: $174K. 2 red flags identified. 3 strengths noted. Financial health grade: D.
How does Maine Leadership Institute spend its money?
Maine Leadership Institute directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Leadership Institute tax-deductible?
Maine Leadership Institute is registered as a tax-exempt nonprofit (EIN: 10348888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Leadership Institute CEO make?
Maine Leadership Institute's highest-compensated officer earns $174,286. annually. The organization reported $174K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Leadership Institute's spending goes to programs?
Maine Leadership Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Leadership Institute located?
Maine Leadership Institute is headquartered in Yarmouth, Maine and files with the IRS under EIN 10348888.
How many years of IRS 990 filings does Maine Leadership Institute have?
Maine Leadership Institute has 6 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 $174K in total revenue.
Is Maine Leadership Institute financially stable?
The organization's financial stability appears to be improving, with current assets of $115,784 significantly higher than previous years, despite a recent drop in revenue from its 2020 peak of $290,949. The consistent lack of officer compensation helps maintain financial resources.
How efficient is Maine Leadership Institute with its spending?
With no reported officer compensation, the organization demonstrates a strong commitment to minimizing executive overhead. While a detailed breakdown of program vs. administrative expenses isn't provided in the summary data, the absence of executive pay suggests a lean operational model, which generally points to higher efficiency.
What is the trend in Maine Leadership Institute's revenue?
Maine Leadership Institute's revenue has been highly variable. It saw significant growth from $0 in 2011 to a peak of $290,949 in 2020, followed by a decrease to the latest reported $174,286. This indicates a non-linear growth pattern with periods of both rapid expansion and contraction.
Filing History
IRS 990 filing history for Maine Leadership Institute showing financial trends over 6 years of public records:
Total assets increased by 1067.5% over the same period, from $6K to $68K. Total functional expenses rose by 3281.6%, from $9K to $312K. In its most recent filing year (2020), Maine Leadership Institute reported a deficit of $21K, with expenses exceeding revenue. The organization holds $50K in liabilities against $68K in assets (debt-to-asset ratio: 74.4%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $291K | $312K | $68K | $50K | — | — |
| 2019 | $107K | $95K | $47K | $13K | — | View 990 |
| 2014 | $10K | $25K | $4K | $13K | — | View 990 |
| 2013 | $34K | $40K | $7K | $0 | — | View 990 |
| 2012 | $25K | $18K | $13K | $0 | — | View 990 |
| 2011 | $0 | $9K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $291K, expenses of $312K, and assets of $68K (revenue +171.3% year-over-year).
- 2019: Revenue of $107K, expenses of $95K, and assets of $47K (revenue +996.0% year-over-year).
- 2014: Revenue of $10K, expenses of $25K, and assets of $4K (revenue -71.0% year-over-year).
- 2013: Revenue of $34K, expenses of $40K, and assets of $7K (revenue +33.3% year-over-year).
- 2012: Revenue of $25K, expenses of $18K, and assets of $13K.
- 2011: Revenue of $0, expenses of $9K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Leadership Institute:
Data Sources and Methodology
This transparency report for Maine Leadership Institute 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.