Maine Parent Federation Inc
Maine Parent Federation: Consistent Program Spending, Modest Reserves
EIN: 222537689 · Augusta, ME · NTEE: P41Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $625K |
| Total Expenses | $551K |
| Program Spending | 88% |
| Net Assets | $179K |
| Transparency Score | 75/100 |
Is Maine Parent Federation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Parent Federation Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Parent Federation Inc
Maine Parent Federation Inc (EIN: 222537689) is a nonprofit organization based in Augusta, ME, classified under NTEE code P41Z. The organization reported total revenue of $625K and total assets of $224K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Parent Federation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Parent Federation Inc is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $578K |
| Total Expenses | $551K |
| Surplus / Deficit | +$27K |
| Total Assets | $180K |
| Total Liabilities | $966 |
| Net Assets | $179K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, Maine Parent Federation Inc reported a surplus of $27K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Parent Federation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | +8.5% | +13.2% |
| 2022 | +12.7% | +0.4% | +43.7% |
| 2021 | -7.4% | -4.6% | +16.1% |
| 2020 | +0.4% | +0.8% | +27.2% |
| 2019 | +25.5% | +20.7% | +113.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Parent Federation Inc 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Maine Parent Federation Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given the organization's revenue, it is likely to be modest and in line with similar nonprofits.
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 Parent Federation Inc's IRS 990 filings:
- Limited growth in assets over the past few years, suggesting a focus on immediate program delivery rather than building substantial reserves.
Strengths
The following positive indicators were identified for Maine Parent Federation Inc:
- Consistently high percentage of expenses dedicated to programs (around 88% in 2023), indicating strong mission focus.
- Stable revenue streams over the past several years, demonstrating consistent donor or grant support.
- Low fundraising costs, suggesting efficient resource allocation for program delivery.
Frequently Asked Questions about Maine Parent Federation Inc
Is Maine Parent Federation Inc a legitimate charity?
Maine Parent Federation Inc (EIN: 222537689) 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: $625K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Maine Parent Federation Inc spend its money?
Maine Parent Federation Inc directs 88% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Parent Federation Inc tax-deductible?
Maine Parent Federation Inc is registered as a tax-exempt nonprofit (EIN: 222537689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Parent Federation Inc's spending goes to programs?
Maine Parent Federation Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Parent Federation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Maine Parent Federation Inc is above average for NTEE category P41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Parent Federation Inc located?
Maine Parent Federation Inc is headquartered in Augusta, Maine and files with the IRS under EIN 222537689. It is classified under NTEE code P41Z.
How many years of IRS 990 filings does Maine Parent Federation Inc have?
Maine Parent Federation Inc 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 $625K in total revenue.
What does Maine Parent Federation Inc do?
Maine Parent Federation Inc is a nonprofit organization in the Human Services sector, located in Augusta, Maine. It is classified under NTEE code P41Z.
How much revenue does Maine Parent Federation Inc have?
Maine Parent Federation Inc reported total revenue of $625,185. Based on 13 IRS 990 filings on record.
What are Maine Parent Federation Inc's total assets?
Maine Parent Federation Inc holds total assets of $223,916 as reported in IRS 990 filings.
Where is Maine Parent Federation Inc located?
Maine Parent Federation Inc is based in Augusta, Maine.
What is Maine Parent Federation Inc's EIN?
Maine Parent Federation Inc's Employer Identification Number (EIN) is 222537689. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Maine Parent Federation Inc?
Maine Parent Federation Inc is classified under NTEE code P41Z (Human Services).
Is Maine Parent Federation Inc a registered 501(c)(3)?
Yes, Maine Parent Federation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222537689.
Does Maine Parent Federation Inc file IRS Form 990?
Yes, Maine Parent Federation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Maine Parent Federation Inc's revenue in 2023?
In the 202308 filing period, Maine Parent Federation Inc reported total revenue of $578,060, total expenses of $550,591, and net assets of $180,061.
Is Maine Parent Federation Inc's revenue growing or declining?
Maine Parent Federation Inc's revenue is relatively stable. Revenue went from $584,054 (202208) to $578,060 (202308), a -1.0% change. Based on 13 filings on record.
What is Maine Parent Federation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Maine Parent Federation Inc covers tax period 202308. It shows revenue of $578,060, expenses of $550,591, total assets of $180,061, and liabilities of $966.
How much does Maine Parent Federation Inc spend on programs vs administration?
Based on IRS 990 analysis, Maine Parent Federation Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Maine Parent Federation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Maine Parent Federation Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Maine Parent Federation Inc?
The following concerns were identified: Limited growth in assets over the past few years, suggesting a focus on immediate program delivery rather than building substantial reserves.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Maine Parent Federation Inc's strengths?
Positive indicators for Maine Parent Federation Inc include: Consistently high percentage of expenses dedicated to programs (around 88% in 2023), indicating strong mission focus.. Stable revenue streams over the past several years, demonstrating consistent donor or grant support.. Low fundraising costs, suggesting efficient resource allocation for program delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Maine Parent Federation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given the organization's revenue, it is likely to be modest and in line with similar nonprofits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Maine Parent Federation Inc?
- Form 990 is readily available on their website, providing financial details. - The organization clearly outlines its mission and programs on its website. - Financial statements show consistent revenue and expense reporting over several years. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does Maine Parent Federation Inc. manage to maintain such a high program spending ratio consistently?
The organization appears to operate with a lean administrative structure and efficient fundraising efforts, allowing a significant portion of its revenue to directly support its programs. For example, in 2023, out of $578,060 in revenue, $550,591 was spent on expenses, with a large portion likely dedicated to programs.
What is the trend in the organization's net assets, and what does it imply about its financial strategy?
Net assets have shown modest growth, from $14,251 in 2016 to $180,061 in 2023. This suggests a strategy focused on utilizing most incoming funds for current operations and programs rather than accumulating large reserves, which is common for organizations prioritizing immediate impact.
Filing History
IRS 990 filing history for Maine Parent Federation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Parent Federation Inc's revenue has declined by 75%, moving from $2.3M to $578K. Total assets increased by 30.1% over the same period, from $138K to $180K. Total functional expenses fell by 76.2%, from $2.3M to $551K. In its most recent filing year (2023), Maine Parent Federation Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $966 in liabilities against $180K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $179K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $578K | $551K | $180K | $966 | — | — |
| 2022 | $584K | $507K | $159K | $7K | — | View 990 |
| 2021 | $518K | $505K | $111K | $36K | — | View 990 |
| 2020 | $560K | $530K | $95K | $33K | — | View 990 |
| 2019 | $557K | $526K | $75K | $43K | — | View 990 |
| 2018 | $444K | $435K | $35K | $35K | — | View 990 |
| 2017 | $407K | $381K | $30K | $77K | — | View 990 |
| 2016 | $567K | $540K | $14K | $88K | — | View 990 |
| 2015 | $675K | $674K | $17K | $118K | — | View 990 |
| 2014 | $665K | $713K | $50K | $152K | — | View 990 |
| 2013 | $772K | $765K | $82K | $137K | — | View 990 |
| 2012 | $1.3M | $1.3M | $64K | $126K | — | View 990 |
| 2011 | $2.3M | $2.3M | $138K | $152K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $578K, expenses of $551K, and assets of $180K (revenue -1.0% year-over-year).
- 2022: Revenue of $584K, expenses of $507K, and assets of $159K (revenue +12.7% year-over-year).
- 2021: Revenue of $518K, expenses of $505K, and assets of $111K (revenue -7.4% year-over-year).
- 2020: Revenue of $560K, expenses of $530K, and assets of $95K (revenue +0.4% year-over-year).
- 2019: Revenue of $557K, expenses of $526K, and assets of $75K (revenue +25.5% year-over-year).
- 2018: Revenue of $444K, expenses of $435K, and assets of $35K (revenue +9.0% year-over-year).
- 2017: Revenue of $407K, expenses of $381K, and assets of $30K (revenue -28.2% year-over-year).
- 2016: Revenue of $567K, expenses of $540K, and assets of $14K (revenue -15.9% year-over-year).
- 2015: Revenue of $675K, expenses of $674K, and assets of $17K (revenue +1.4% year-over-year).
- 2014: Revenue of $665K, expenses of $713K, and assets of $50K (revenue -13.8% year-over-year).
- 2013: Revenue of $772K, expenses of $765K, and assets of $82K (revenue -40.6% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $64K (revenue -43.8% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.3M, and assets of $138K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Parent Federation Inc:
Data Sources and Methodology
This transparency report for Maine Parent Federation Inc 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.