Maine Oil Dealers Association
Maine Oil Dealers Association maintains stable finances with consistent revenue and asset growth, reporting no officer compensation.
EIN: 10239259 · Brunswick, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.5M |
| Transparency Score | 75/100 |
Is Maine Oil Dealers Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Oil Dealers Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Maine Oil Dealers Association
Maine Oil Dealers Association (EIN: 10239259) is a nonprofit organization based in Brunswick, ME. The organization reported total revenue of $1.8M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Oil Dealers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Oil Dealers Association is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-103,413 |
| Total Assets | $1.6M |
| Total Liabilities | $107K |
| Net Assets | $1.5M |
| Operating Margin | -7.5% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 12.8 months |
Financial Health Grade: B
In 2023, Maine Oil Dealers Association reported a deficit of $103K with expenses exceeding revenue, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Oil Dealers Association's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.9% | +2.4% | -1.6% |
| 2022 | -14.8% | -4.6% | -2.3% |
| 2021 | +49.9% | +30.1% | +22.0% |
| 2020 | -34.8% | -34.3% | +5.2% |
| 2019 | +8.9% | +9.3% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
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 Oil Dealers Association 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Maine Oil Dealers Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $103K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $1 million annually. This suggests either a fully volunteer executive leadership or compensation is categorized differently within the expense structure, warranting further investigation.
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 Oil Dealers Association's IRS 990 filings:
- No officer compensation reported despite significant revenue, which may obscure executive remuneration practices.
Strengths
The following positive indicators were identified for Maine Oil Dealers Association:
- Consistent revenue generation, generally covering expenses.
- Steady growth in assets, indicating financial stability and prudent management (e.g., assets grew from $1,058,766 in 2016 to $1,581,580 in 2023).
- Low and stable liabilities, demonstrating good financial control.
- Long filing history (13 filings) indicating consistent transparency.
Frequently Asked Questions about Maine Oil Dealers Association
Is Maine Oil Dealers Association a legitimate charity?
Maine Oil Dealers Association (EIN: 10239259) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Maine Oil Dealers Association spend its money?
Maine Oil Dealers Association directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Maine Oil Dealers Association tax-deductible?
Maine Oil Dealers Association is registered as a tax-exempt nonprofit (EIN: 10239259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Oil Dealers Association CEO make?
Maine Oil Dealers Association's highest-compensated officer earns $1 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Oil Dealers Association's spending goes to programs?
Maine Oil Dealers Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Maine Oil Dealers Association located?
Maine Oil Dealers Association is headquartered in Brunswick, Maine and files with the IRS under EIN 10239259.
How many years of IRS 990 filings does Maine Oil Dealers Association have?
Maine Oil Dealers Association has 13 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 $1.8M in total revenue.
Is the Maine Oil Dealers Association a good charity?
Based on the available financial data, the organization appears to be financially stable with consistent revenue and asset growth. The absence of reported officer compensation is a positive indicator of resource allocation, though a detailed breakdown of program vs. administrative spending would provide a more complete picture of its charitable effectiveness.
How does the organization manage its executive compensation?
The IRS 990 filings consistently show 0% officer compensation, which is highly uncommon for an organization of this scale. This suggests that executive leadership may be volunteer-based or compensated through mechanisms not captured under 'officer compensation' in the provided summary data.
What is the trend in the organization's financial health?
The organization shows a stable financial trend. While there are minor fluctuations, revenues generally cover expenses, and assets have steadily grown from $1,058,766 in 2016 to $1,581,580 in 2023, indicating good financial health and accumulation of reserves.
Filing History
IRS 990 filing history for Maine Oil Dealers Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Oil Dealers Association's revenue has grown by 35.7%, moving from $1.0M to $1.4M. Total assets increased by 58.1% over the same period, from $1.0M to $1.6M. Total functional expenses rose by 57%, from $944K to $1.5M. In its most recent filing year (2023), Maine Oil Dealers Association reported a deficit of $103K, with expenses exceeding revenue. The organization holds $107K in liabilities against $1.6M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.5M | $1.6M | $107K | — | — |
| 2022 | $1.5M | $1.4M | $1.6M | $109K | — | View 990 |
| 2021 | $1.8M | $1.5M | $1.6M | $97K | — | — |
| 2020 | $1.2M | $1.2M | $1.3M | $70K | — | — |
| 2019 | $1.8M | $1.8M | $1.3M | $74K | — | View 990 |
| 2018 | $1.7M | $1.6M | $1.2M | $63K | — | View 990 |
| 2017 | $1.4M | $1.4M | $1.2M | $53K | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.1M | $50K | — | View 990 |
| 2015 | $1.0M | $1.1M | $1.1M | $73K | — | View 990 |
| 2014 | $1.1M | $1.1M | $1.1M | $47K | — | View 990 |
| 2013 | $1.4M | $1.3M | $1.4M | $280K | — | View 990 |
| 2012 | $1.0M | $950K | $1.1M | $53K | — | View 990 |
| 2011 | $1.0M | $944K | $1.0M | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.5M, and assets of $1.6M (revenue -7.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $1.6M (revenue -14.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.5M, and assets of $1.6M (revenue +49.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M (revenue -34.8% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $1.3M (revenue +8.9% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue +14.2% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $1.2M (revenue +19.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +15.8% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $1.1M (revenue -0.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $1.1M (revenue -24.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $1.4M (revenue +36.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $950K, and assets of $1.1M (revenue +0.6% year-over-year).
- 2011: Revenue of $1.0M, expenses of $944K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Oil Dealers Association:
Data Sources and Methodology
This transparency report for Maine Oil Dealers Association 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.