Maine Quality Counts
Maine Quality Counts consistently operates near break-even with no reported officer compensation.
EIN: 204935972 · Wethersfield, CT · NTEE: E05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $7.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $1.8M |
| Transparency Score | 75/100 |
Is Maine Quality Counts Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Quality Counts directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Quality Counts
Maine Quality Counts (EIN: 204935972) is a nonprofit organization based in Wethersfield, CT, classified under NTEE code E05. The organization reported total revenue of $6.8M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Quality Counts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Quality Counts is a mid-size nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 24.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $7.0M |
| Surplus / Deficit | $-261,371 |
| Total Assets | $2.5M |
| Total Liabilities | $700K |
| Net Assets | $1.8M |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 28.2% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2018, Maine Quality Counts reported a deficit of $261K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 28.2% (moderate leverage).
Financial Trends
Over 8 years of filings (2011–2018), Maine Quality Counts's revenue has grown at a compound annual growth rate (CAGR) of 24.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +0.6% | +3.7% | -16.5% |
| 2017 | +38.4% | +45.9% | -6.4% |
| 2016 | -10.5% | +11.9% | +13.7% |
| 2015 | +52.6% | +26.2% | +17.3% |
| 2014 | +72.4% | +60.8% | +280.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Quality Counts 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Maine Quality Counts 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $261K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.2%.
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 over $6 million in annual revenue. This suggests either a fully volunteer executive leadership or that executive compensation is reported under different categories, requiring further scrutiny of detailed 990 forms.
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 Quality Counts's IRS 990 filings:
- Consistent 0% officer compensation, which is unusual for an organization of this size and warrants further investigation into executive compensation practices.
Strengths
The following positive indicators were identified for Maine Quality Counts:
- Significant revenue growth from $1.47 million in 2011 to $6.75 million in 2018, demonstrating strong funding capabilities.
- Consistent management of expenses, generally operating near break-even.
- Healthy asset base of $2,478,296 in 2018, providing financial stability.
- Reduction in liabilities from a high of $1,780,427 in 2014 to $699,846 in 2018, improving financial leverage.
Frequently Asked Questions about Maine Quality Counts
Is Maine Quality Counts a legitimate charity?
Maine Quality Counts (EIN: 204935972) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 8 years of IRS 990 filings on record. Total revenue: $6.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Maine Quality Counts spend its money?
Maine Quality Counts directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Quality Counts tax-deductible?
Maine Quality Counts is registered as a tax-exempt nonprofit (EIN: 204935972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Quality Counts CEO make?
Maine Quality Counts's highest-compensated officer earns $6 annually. The organization reported $6.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Quality Counts's spending goes to programs?
Maine Quality Counts directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Quality Counts compare to similar nonprofits?
With a transparency score of 75/100 (Good), Maine Quality Counts is above average for NTEE category E05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Quality Counts located?
Maine Quality Counts is headquartered in Wethersfield, Connecticut and files with the IRS under EIN 204935972. It is classified under NTEE code E05.
How many years of IRS 990 filings does Maine Quality Counts have?
Maine Quality Counts has 8 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 $6.8M in total revenue.
Is Maine Quality Counts a good charity?
Maine Quality Counts appears to be a financially stable organization with consistent revenue growth and a history of managing expenses. The lack of reported officer compensation is a unique characteristic that could be viewed positively for efficiency, but also warrants further investigation for complete transparency.
How does Maine Quality Counts fund its operations?
Based on the consistent revenue figures, Maine Quality Counts successfully secures funding, likely through grants, contracts, or contributions, to support its operations which have grown from $1.4 million to over $6.7 million annually.
What is the trend in Maine Quality Counts' financial health?
Maine Quality Counts has shown significant revenue growth from $1.47 million in 2011 to $6.75 million in 2018. While expenses closely track revenue, the organization has maintained a healthy asset base and reduced liabilities, indicating a generally stable to improving financial trend.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It could mean that executive leadership is entirely volunteer, or that compensation is categorized differently (e.g., as program or administrative salaries) and not specifically as 'officer compensation' in the summarized data. A detailed review of the full 990 form would clarify this.
Filing History
IRS 990 filing history for Maine Quality Counts showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Maine Quality Counts's revenue has grown by 358.9%, moving from $1.5M to $6.8M. Total assets increased by 211% over the same period, from $797K to $2.5M. Total functional expenses rose by 410.2%, from $1.4M to $7.0M. In its most recent filing year (2018), Maine Quality Counts reported a deficit of $261K, with expenses exceeding revenue. The organization holds $700K in liabilities against $2.5M in assets (debt-to-asset ratio: 28.2%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $6.8M | $7.0M | $2.5M | $700K | — | View 990 |
| 2017 | $6.7M | $6.8M | $3.0M | $929K | — | View 990 |
| 2016 | $4.9M | $4.6M | $3.2M | $1.1M | — | View 990 |
| 2015 | $5.4M | $4.1M | $2.8M | $916K | — | View 990 |
| 2014 | $3.6M | $3.3M | $2.4M | $1.8M | — | View 990 |
| 2013 | $2.1M | $2.0M | $626K | $294K | — | View 990 |
| 2012 | $1.8M | $1.8M | $614K | $299K | — | View 990 |
| 2011 | $1.5M | $1.4M | $797K | $542K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $6.8M, expenses of $7.0M, and assets of $2.5M (revenue +0.6% year-over-year).
- 2017: Revenue of $6.7M, expenses of $6.8M, and assets of $3.0M (revenue +38.4% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.6M, and assets of $3.2M (revenue -10.5% year-over-year).
- 2015: Revenue of $5.4M, expenses of $4.1M, and assets of $2.8M (revenue +52.6% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.3M, and assets of $2.4M (revenue +72.4% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.0M, and assets of $626K (revenue +13.8% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $614K (revenue +23.0% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $797K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Quality Counts:
Data Sources and Methodology
This transparency report for Maine Quality Counts 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.