Maine Orthopaedic Foundation
Maine Orthopaedic Foundation reports $0 revenue and assets, indicating operational cessation after years of financial decline.
EIN: 20549409 · Auburn, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $41K |
| Net Assets | $22K |
| Transparency Score | 10/100 |
Is Maine Orthopaedic Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maine Orthopaedic Foundation
Maine Orthopaedic Foundation (EIN: 20549409) is a nonprofit organization based in Auburn, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Orthopaedic Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Orthopaedic Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 167.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $41K |
| Surplus / Deficit | $-11,301 |
| Total Assets | $22K |
| Total Liabilities | $1 |
| Net Assets | $22K |
| Operating Margin | -37.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2015, Maine Orthopaedic Foundation reported a deficit of $11K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Maine Orthopaedic Foundation's revenue has grown at a compound annual growth rate (CAGR) of 167.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +34862.8% | +46.9% | -34.0% |
| 2014 | -38.6% | -8.6% | -45.8% |
| 2013 | -98.6% | +77.8% | -33.3% |
| 2012 | +1626.4% | +0.5% | -14.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Orthopaedic Foundation with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Maine Orthopaedic Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% of expenses across all available filings, indicating that officers were not paid, which is common for very small or volunteer-run organizations, or those in decline.
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 Orthopaedic Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential cessation of operations.
- Consistent multi-year trend of expenses significantly exceeding revenue (e.g., $41,369 expenses vs. $30,068 revenue in 2015).
- Steady depletion of assets from $107,402 in 2011 to $0 currently.
Strengths
The following positive indicators were identified for Maine Orthopaedic Foundation:
- Consistent filing of IRS 990 forms, demonstrating a commitment to transparency during its operational period.
- No officer compensation reported across all filings, suggesting volunteer leadership or efficient use of limited funds for administrative overhead.
Frequently Asked Questions about Maine Orthopaedic Foundation
Is Maine Orthopaedic Foundation a legitimate charity?
Maine Orthopaedic Foundation (EIN: 20549409) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 10/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Maine Orthopaedic Foundation spend its money?
Maine Orthopaedic Foundation reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Maine Orthopaedic Foundation tax-deductible?
Maine Orthopaedic Foundation is registered as a tax-exempt nonprofit (EIN: 20549409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maine Orthopaedic Foundation located?
Maine Orthopaedic Foundation is headquartered in Auburn, Maine and files with the IRS under EIN 20549409.
How many years of IRS 990 filings does Maine Orthopaedic Foundation have?
Maine Orthopaedic Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is the Maine Orthopaedic Foundation still operational?
Based on the latest filing showing $0 in revenue and assets, it is highly unlikely the Maine Orthopaedic Foundation is still actively operational.
What caused the significant decline in assets and revenue?
The filings consistently show expenses far exceeding revenue, such as $28,155 in expenses vs. $86 in revenue in 2014, which led to the gradual depletion of assets over time.
Were there any significant liabilities that contributed to the decline?
Liabilities remained very low, typically $1, except for $8,334 in 2011, suggesting that debt was not a primary driver of the financial decline; rather, it was a lack of sustainable revenue.
Filing History
IRS 990 filing history for Maine Orthopaedic Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Maine Orthopaedic Foundation's revenue has grown by 4979.1%, moving from $592 to $30K. Total assets decreased by 79.6% over the same period, from $107K to $22K. Total functional expenses rose by 140.1%, from $17K to $41K. In its most recent filing year (2015), Maine Orthopaedic Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $22K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $22K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $30K | $41K | $22K | $1 | — | View 990 |
| 2014 | $86 | $28K | $33K | $1 | — | View 990 |
| 2013 | $140 | $31K | $61K | $1 | — | View 990 |
| 2012 | $10K | $17K | $92K | $1 | — | View 990 |
| 2011 | $592 | $17K | $107K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $30K, expenses of $41K, and assets of $22K (revenue +34862.8% year-over-year).
- 2014: Revenue of $86, expenses of $28K, and assets of $33K (revenue -38.6% year-over-year).
- 2013: Revenue of $140, expenses of $31K, and assets of $61K (revenue -98.6% year-over-year).
- 2012: Revenue of $10K, expenses of $17K, and assets of $92K (revenue +1626.4% year-over-year).
- 2011: Revenue of $592, expenses of $17K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Orthopaedic Foundation:
Data Sources and Methodology
This transparency report for Maine Orthopaedic 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.