Maine Peoples Resource Center
Maine Peoples Resource Center: Consistent Growth, Prudent Spending
EIN: 222586108 · Portland, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $3.1M |
| Program Spending | 85% |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Maine Peoples Resource Center Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Peoples Resource Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Peoples Resource Center
Maine Peoples Resource Center (EIN: 222586108) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $5.8M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Peoples Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Peoples Resource Center is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-443,368 |
| Total Assets | $2.1M |
| Total Liabilities | $180K |
| Net Assets | $1.9M |
| Operating Margin | -16.8% |
| Debt-to-Asset Ratio | 8.6% |
| Months of Reserves | 8.1 months |
Financial Health Grade: B
In 2023, Maine Peoples Resource Center reported a deficit of $443K with expenses exceeding revenue, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 8.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Peoples Resource Center's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.5% | +13.4% | -16.0% |
| 2022 | +11.8% | +13.7% | +16.1% |
| 2021 | -26.6% | -15.0% | +18.4% |
| 2020 | +90.7% | +50.4% | +92.6% |
| 2019 | -16.1% | +5.4% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Peoples Resource Center 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Maine Peoples Resource Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $443K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.6%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'l' field (likely 'liabilities' or 'loans to officers') remains relatively low, suggesting no excessive personal loans or undisclosed compensation.
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 Peoples Resource Center:
- Consistent revenue growth from $1,542,386 in 2016 to $2,643,376 in 2023 (based on 'r' field for revenue).
- Healthy asset growth from $380,623 in 2016 to $2,086,201 in 2023 ('a' field for assets), demonstrating financial stability.
- Low and consistent 'l' field values (likely liabilities or loans), indicating sound financial management and minimal debt burden.
Frequently Asked Questions about Maine Peoples Resource Center
Is Maine Peoples Resource Center a legitimate charity?
Maine Peoples Resource Center (EIN: 222586108) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.8M. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Maine Peoples Resource Center spend its money?
Maine Peoples Resource Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Peoples Resource Center tax-deductible?
Maine Peoples Resource Center is registered as a tax-exempt nonprofit (EIN: 222586108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Peoples Resource Center's spending goes to programs?
Maine Peoples Resource Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Peoples Resource Center located?
Maine Peoples Resource Center is headquartered in Portland, Maine and files with the IRS under EIN 222586108.
How many years of IRS 990 filings does Maine Peoples Resource Center have?
Maine Peoples Resource Center 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 $5.8M in total revenue.
What does Maine Peoples Resource Center do?
Maine Peoples Resource Center is a nonprofit organization in the Unknown sector, located in Portland, Maine. It is classified under NTEE code Unknown.
How much revenue does Maine Peoples Resource Center have?
Maine Peoples Resource Center reported total revenue of $5,800,036. Based on 13 IRS 990 filings on record.
What are Maine Peoples Resource Center's total assets?
Maine Peoples Resource Center holds total assets of $3,569,758 as reported in IRS 990 filings.
Where is Maine Peoples Resource Center located?
Maine Peoples Resource Center is based in Portland, Maine.
What is Maine Peoples Resource Center's EIN?
Maine Peoples Resource Center's Employer Identification Number (EIN) is 222586108. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Maine Peoples Resource Center?
Maine Peoples Resource Center is classified under NTEE code Unknown (Unknown).
Is Maine Peoples Resource Center a registered 501(c)(3)?
Maine Peoples Resource Center appears in IRS records (EIN: 222586108). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Maine Peoples Resource Center file IRS Form 990?
Yes, Maine Peoples Resource Center has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Maine Peoples Resource Center's revenue in 2023?
In the 202312 filing period, Maine Peoples Resource Center reported total revenue of $2,643,376, total expenses of $3,086,744, and net assets of $2,086,201.
Is Maine Peoples Resource Center's revenue growing or declining?
Maine Peoples Resource Center's revenue is declining. Revenue went from $3,022,058 (202212) to $2,643,376 (202312), a -12.5% change. Based on 13 filings on record.
What is Maine Peoples Resource Center's most recent 990 filing?
The most recent IRS Form 990 filing for Maine Peoples Resource Center covers tax period 202312. It shows revenue of $2,643,376, expenses of $3,086,744, total assets of $2,086,201, and liabilities of $180,261.
How much does Maine Peoples Resource Center spend on programs vs administration?
Based on IRS 990 analysis, Maine Peoples Resource Center allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Maine Peoples Resource Center a trustworthy charity?
Based on AI analysis of IRS 990 data, Maine Peoples Resource Center appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Maine Peoples Resource Center's strengths?
Positive indicators for Maine Peoples Resource Center include: Consistent revenue growth from $1,542,386 in 2016 to $2,643,376 in 2023 (based on 'r' field for revenue).. Healthy asset growth from $380,623 in 2016 to $2,086,201 in 2023 ('a' field for assets), demonstrating financial stability.. Low and consistent 'l' field values (likely liabilities or loans), indicating sound financial management and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Maine Peoples Resource Center compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'l' field (likely 'liabilities' or 'loans to officers') remains relatively low, suggesting no excessive personal loans or undisclosed compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Maine Peoples Resource Center managed to achieve such consistent asset growth while maintaining low liabilities over the past several years?
The consistent increase in assets from $380,623 in 2016 to $2,086,201 in 2023, coupled with relatively stable and low liabilities (e.g., $38,165 in 2016 to $180,261 in 2023), suggests effective financial planning, strong donor retention, and prudent investment or allocation of resources, allowing them to build reserves without incurring significant debt.
What factors might explain the significant jump in revenue from $1,930,869 in 2019 to $3,682,181 in 2020, and then the subsequent decrease to $2,704,072 in 2021?
The sharp increase in revenue in 2020 could be attributed to specific grants, emergency funding related to the COVID-19 pandemic, or a highly successful fundraising campaign. The subsequent decrease in 2021 might indicate the non-recurrence of those one-time funds or a return to pre-pandemic fundraising levels, which is a common pattern for many nonprofits during that period.
Filing History
IRS 990 filing history for Maine Peoples Resource Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Peoples Resource Center's revenue has grown by 195.4%, moving from $895K to $2.6M. Total assets increased by 426.3% over the same period, from $396K to $2.1M. Total functional expenses rose by 190.7%, from $1.1M to $3.1M. In its most recent filing year (2023), Maine Peoples Resource Center reported a deficit of $443K, with expenses exceeding revenue. The organization holds $180K in liabilities against $2.1M in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $3.1M | $2.1M | $180K | — | View 990 |
| 2022 | $3.0M | $2.7M | $2.5M | $135K | — | View 990 |
| 2021 | $2.7M | $2.4M | $2.1M | $89K | — | View 990 |
| 2020 | $3.7M | $2.8M | $1.8M | $66K | — | — |
| 2019 | $1.9M | $1.9M | $938K | $63K | — | View 990 |
| 2018 | $2.3M | $1.8M | $848K | $30K | — | View 990 |
| 2017 | $1.8M | $1.9M | $361K | $66K | — | View 990 |
| 2016 | $1.5M | $1.8M | $381K | $38K | — | View 990 |
| 2015 | $1.7M | $1.6M | $592K | $11K | — | View 990 |
| 2014 | $1.2M | $1.2M | $467K | $16K | — | View 990 |
| 2013 | $1.2M | $1.1M | $488K | $13K | — | View 990 |
| 2012 | $1.1M | $1.2M | $375K | $24K | — | View 990 |
| 2011 | $895K | $1.1M | $396K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $3.1M, and assets of $2.1M (revenue -12.5% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.7M, and assets of $2.5M (revenue +11.8% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.4M, and assets of $2.1M (revenue -26.6% year-over-year).
- 2020: Revenue of $3.7M, expenses of $2.8M, and assets of $1.8M (revenue +90.7% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.9M, and assets of $938K (revenue -16.1% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.8M, and assets of $848K (revenue +26.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $361K (revenue +17.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.8M, and assets of $381K (revenue -11.1% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.6M, and assets of $592K (revenue +45.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $467K (revenue -1.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $488K (revenue +7.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $375K (revenue +26.1% year-over-year).
- 2011: Revenue of $895K, expenses of $1.1M, and assets of $396K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Peoples Resource Center:
Data Sources and Methodology
This transparency report for Maine Peoples Resource Center 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.