Maine Restaurant Association
Maine Restaurant Association shows consistent revenue and asset growth with no reported officer compensation.
EIN: 10514370 · Augusta, ME · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $566K |
| Total Expenses | $497K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $372K |
| Transparency Score | 85/100 |
Is Maine Restaurant Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Restaurant Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Restaurant Association
Maine Restaurant Association (EIN: 10514370) is a nonprofit organization based in Augusta, ME, classified under NTEE code S41. The organization reported total revenue of $566K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Restaurant Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Restaurant Association is a small nonprofit that has been operating for 25 years, with 8 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $552K |
| Total Expenses | $497K |
| Surplus / Deficit | +$56K |
| Total Assets | $487K |
| Total Liabilities | $115K |
| Net Assets | $372K |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 23.6% |
| Months of Reserves | 11.8 months |
Financial Health Grade: A
In 2017, Maine Restaurant Association reported a surplus of $56K with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 23.6% (moderate leverage).
Financial Trends
Over 8 years of filings (2011–2017), Maine Restaurant Association's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +173.8% | +159.6% | +3.8% |
| 2016 | -60.4% | -57.9% | +26.3% |
| 2016 | -0.4% | -5.2% | +18.7% |
| 2015 | -3.3% | -6.9% | +10.9% |
| 2014 | -4.9% | -9.4% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
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 Restaurant Association 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Maine Restaurant Association 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with revenues consistently over $500,000. This suggests that executive leadership may be voluntary or compensated through other means not categorized as 'Officer Comp' on the 990, or that the organization operates with a very lean, volunteer-driven leadership structure.
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 Restaurant Association's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering full spending efficiency analysis.
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Maine Restaurant Association:
- Consistent revenue generation, mostly in the $500k-$600k range.
- Significant and consistent asset growth over the filing periods, indicating strong financial management.
- Zero reported officer compensation, suggesting a strong focus on mission or volunteer leadership.
- Consistent filing of IRS Form 990s, demonstrating regulatory compliance and basic transparency.
Frequently Asked Questions about Maine Restaurant Association
Is Maine Restaurant Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Restaurant Association (EIN: 10514370) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Maine Restaurant Association spend its money?
Maine Restaurant Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Restaurant Association tax-deductible?
Maine Restaurant Association is registered as a tax-exempt nonprofit (EIN: 10514370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Restaurant Association CEO make?
Maine Restaurant Association's highest-compensated officer earns $500,000. annually. The organization reported $566K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Restaurant Association's spending goes to programs?
Maine Restaurant Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Restaurant Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maine Restaurant Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Restaurant Association located?
Maine Restaurant Association is headquartered in Augusta, Maine and files with the IRS under EIN 10514370. It is classified under NTEE code S41.
How many years of IRS 990 filings does Maine Restaurant Association have?
Maine Restaurant Association 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 $566K in total revenue.
Is the Maine Restaurant Association financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenues (mostly $500k-$600k) and significant asset growth from $211,992 in 201105 to $486,759 in 201712, while maintaining manageable liabilities.
How does the Maine Restaurant Association compensate its leadership?
The provided data indicates 0% officer compensation across all filings, which is highly unusual for an organization of this size. This suggests that leadership roles may be voluntary or compensated through mechanisms not reported as 'Officer Comp' on the 990.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $211,992 in 201105 to $486,759 in 201712, indicating healthy financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Maine Restaurant Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2017), Maine Restaurant Association's revenue has grown by 20.2%, moving from $460K to $552K. Total assets increased by 129.6% over the same period, from $212K to $487K. Total functional expenses rose by 12.6%, from $441K to $497K. In its most recent filing year (2017), Maine Restaurant Association reported a surplus of $56K, with revenue exceeding expenses. The organization holds $115K in liabilities against $487K in assets (debt-to-asset ratio: 23.6%), resulting in net assets of $372K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $552K | $497K | $487K | $115K | — | View 990 |
| 2016 | $202K | $191K | $469K | $148K | — | — |
| 2016 | $509K | $454K | $371K | $61K | — | View 990 |
| 2015 | $511K | $479K | $313K | $57K | — | View 990 |
| 2014 | $529K | $515K | $282K | $58K | — | View 990 |
| 2013 | $556K | $569K | $277K | $67K | — | View 990 |
| 2012 | $612K | $552K | $291K | $68K | — | View 990 |
| 2011 | $460K | $441K | $212K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $552K, expenses of $497K, and assets of $487K (revenue +173.8% year-over-year).
- 2016: Revenue of $202K, expenses of $191K, and assets of $469K (revenue -60.4% year-over-year).
- 2016: Revenue of $509K, expenses of $454K, and assets of $371K (revenue -0.4% year-over-year).
- 2015: Revenue of $511K, expenses of $479K, and assets of $313K (revenue -3.3% year-over-year).
- 2014: Revenue of $529K, expenses of $515K, and assets of $282K (revenue -4.9% year-over-year).
- 2013: Revenue of $556K, expenses of $569K, and assets of $277K (revenue -9.1% year-over-year).
- 2012: Revenue of $612K, expenses of $552K, and assets of $291K (revenue +33.1% year-over-year).
- 2011: Revenue of $460K, expenses of $441K, and assets of $212K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Restaurant Association:
Data Sources and Methodology
This transparency report for Maine Restaurant Association 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.