Maine Poets Society
Maine Poets Society: Consistent Operations, Limited Growth
EIN: 222619874 · Randolph, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $1K |
| Program Spending | 75% |
| Net Assets | $7K |
| Transparency Score | 65/100 |
Is Maine Poets Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Poets Society directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Poets Society
Maine Poets Society (EIN: 222619874) is a nonprofit organization based in Randolph, 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 Poets Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Poets Society is a micro nonprofit that has been operating for 41 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -7.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $1K |
| Surplus / Deficit | +$168 |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | 11.6% |
| Months of Reserves | 63.2 months |
Financial Health Grade: A
In 2021, Maine Poets Society reported a surplus of $168 with revenue exceeding expenses, holds 63.2 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Maine Poets Society's revenue has declined at a compound annual growth rate (CAGR) of -7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -19.6% | -25.2% | +2.5% |
| 2020 | +30.7% | +51.9% | +1.4% |
| 2019 | -11.4% | -21.1% | +4.0% |
| 2018 | +39.9% | -17.0% | +2.1% |
| 2017 | -36.5% | -29.5% | -9.1% |
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 Poets Society with a Mission Score of 65 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Maine Poets Society allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $168, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data.
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 Poets Society's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) makes it difficult to fully assess efficiency.
- Revenue has fluctuated, with a notable decline from $2,945 in 2014 to $1,452 in 2021, indicating potential sustainability challenges.
- Net assets have remained relatively stable but show no significant growth over the period, suggesting limited capacity for expansion.
Strengths
The following positive indicators were identified for Maine Poets Society:
- Consistent filing of financial data over an extended period (2014-2021) demonstrates a commitment to transparency.
- Expenses have generally remained below revenue in most years, indicating sound financial management.
- Stable asset base suggests a degree of financial resilience despite revenue fluctuations.
Frequently Asked Questions about Maine Poets Society
Is Maine Poets Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Poets Society (EIN: 222619874) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Maine Poets Society spend its money?
Maine Poets Society directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Poets Society tax-deductible?
Maine Poets Society is registered as a tax-exempt nonprofit (EIN: 222619874). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Poets Society's spending goes to programs?
Maine Poets Society directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Poets Society located?
Maine Poets Society is headquartered in Randolph, Maine and files with the IRS under EIN 222619874.
How many years of IRS 990 filings does Maine Poets Society have?
Maine Poets Society has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Maine Poets Society do?
Maine Poets Society is a nonprofit organization in the Unknown sector, located in Randolph, Maine. It is classified under NTEE code Unknown.
How much revenue does Maine Poets Society have?
Maine Poets Society reported total revenue of N/A. Based on 11 IRS 990 filings on record.
What are Maine Poets Society's total assets?
Maine Poets Society holds total assets of N/A as reported in IRS 990 filings.
Where is Maine Poets Society located?
Maine Poets Society is based in Randolph, Maine.
What is Maine Poets Society's EIN?
Maine Poets Society's Employer Identification Number (EIN) is 222619874. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Maine Poets Society?
Maine Poets Society is classified under NTEE code Unknown (Unknown).
Is Maine Poets Society a registered 501(c)(3)?
Maine Poets Society appears in IRS records (EIN: 222619874). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Maine Poets Society file IRS Form 990?
Yes, Maine Poets Society has 11 IRS Form 990 filings on record. The most recent covers tax period 202112.
What was Maine Poets Society's revenue in 2021?
In the 202112 filing period, Maine Poets Society reported total revenue of $1,452, total expenses of $1,284, and net assets of $6,759.
Is Maine Poets Society's revenue growing or declining?
Maine Poets Society's revenue is declining. Revenue went from $1,806 (202012) to $1,452 (202112), a -19.6% change. Based on 11 filings on record.
What is Maine Poets Society's most recent 990 filing?
The most recent IRS Form 990 filing for Maine Poets Society covers tax period 202112. It shows revenue of $1,452, expenses of $1,284, total assets of $6,759, and liabilities of N/A.
How much does Maine Poets Society spend on programs vs administration?
Based on IRS 990 analysis, Maine Poets Society allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Maine Poets Society a trustworthy charity?
Based on AI analysis of IRS 990 data, Maine Poets Society shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Maine Poets Society?
The following concerns were identified: Lack of detailed expense breakdown (program vs. admin vs. fundraising) makes it difficult to fully assess efficiency.. Revenue has fluctuated, with a notable decline from $2,945 in 2014 to $1,452 in 2021, indicating potential sustainability challenges.. Net assets have remained relatively stable but show no significant growth over the period, suggesting limited capacity for expansion.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Maine Poets Society's strengths?
Positive indicators for Maine Poets Society include: Consistent filing of financial data over an extended period (2014-2021) demonstrates a commitment to transparency.. Expenses have generally remained below revenue in most years, indicating sound financial management.. Stable asset base suggests a degree of financial resilience despite revenue fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does Maine Poets Society compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the fluctuating revenue and stable but not growing assets, what strategies could the Maine Poets Society implement to ensure long-term financial sustainability and potential growth?
To address fluctuating revenue and limited asset growth, the Maine Poets Society could explore diversifying funding sources beyond traditional donations, such as grants, endowments, or fee-for-service programs. Additionally, a strategic plan focused on increasing donor engagement and retention, alongside targeted fundraising campaigns, could help stabilize and grow revenue. Investing in programs that demonstrate clear impact could also attract more funding.
Filing History
IRS 990 filing history for Maine Poets Society showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Maine Poets Society's revenue has declined by 54.7%, moving from $3K to $1K. Total assets decreased by 19.5% over the same period, from $8K to $7K. Total functional expenses fell by 35.2%, from $2K to $1K. In its most recent filing year (2021), Maine Poets Society reported a surplus of $168, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1K | $1K | $7K | $0 | — | — |
| 2020 | $2K | $2K | $7K | $0 | — | View 990 |
| 2019 | $1K | $1K | $7K | $0 | — | View 990 |
| 2018 | $2K | $1K | $6K | $0 | — | View 990 |
| 2017 | $1K | $2K | $6K | $0 | — | View 990 |
| 2016 | $2K | $2K | $7K | $0 | — | View 990 |
| 2015 | $2K | $3K | $7K | $0 | — | View 990 |
| 2014 | $3K | $4K | $9K | $0 | — | View 990 |
| 2013 | $2K | $2K | $9K | $0 | — | View 990 |
| 2012 | $3K | $2K | $9K | $0 | — | View 990 |
| 2011 | $3K | $2K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1K, expenses of $1K, and assets of $7K (revenue -19.6% year-over-year).
- 2020: Revenue of $2K, expenses of $2K, and assets of $7K (revenue +30.7% year-over-year).
- 2019: Revenue of $1K, expenses of $1K, and assets of $7K (revenue -11.4% year-over-year).
- 2018: Revenue of $2K, expenses of $1K, and assets of $6K (revenue +39.9% year-over-year).
- 2017: Revenue of $1K, expenses of $2K, and assets of $6K (revenue -36.5% year-over-year).
- 2016: Revenue of $2K, expenses of $2K, and assets of $7K (revenue -5.6% year-over-year).
- 2015: Revenue of $2K, expenses of $3K, and assets of $7K (revenue -36.9% year-over-year).
- 2014: Revenue of $3K, expenses of $4K, and assets of $9K (revenue +38.7% year-over-year).
- 2013: Revenue of $2K, expenses of $2K, and assets of $9K (revenue -27.5% year-over-year).
- 2012: Revenue of $3K, expenses of $2K, and assets of $9K (revenue -8.6% year-over-year).
- 2011: Revenue of $3K, expenses of $2K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Poets Society:
Data Sources and Methodology
This transparency report for Maine Poets Society 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.