Maine Sheriffs Association
Maine Sheriffs Association maintains stable finances with growing assets and no officer compensation.
EIN: 10463255 · Waterville, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $220K |
| Total Expenses | $185K |
| Program Spending | 75% |
| Net Assets | $391K |
| Transparency Score | 80/100 |
Is Maine Sheriffs Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Sheriffs Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Sheriffs Association
Maine Sheriffs Association (EIN: 10463255) is a nonprofit organization based in Waterville, ME. The organization reported total revenue of $220K and total assets of $423K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Sheriffs Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Sheriffs Association is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $185K |
| Surplus / Deficit | +$37K |
| Total Assets | $391K |
| Net Assets | $391K |
| Operating Margin | 16.8% |
| Months of Reserves | 25.3 months |
Financial Health Grade: A
In 2023, Maine Sheriffs Association reported a surplus of $37K with revenue exceeding expenses, holds 25.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Maine Sheriffs Association's revenue has declined at a compound annual growth rate (CAGR) of -9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | -15.9% | +24.3% |
| 2022 | +94.8% | +44.2% | -20.1% |
| 2021 | +1.7% | -9.7% | +1.8% |
| 2020 | -61.1% | -30.2% | +3.5% |
| 2019 | +52.4% | +11.1% | +40.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
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 Sheriffs Association with a Mission Score of 80 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 Sheriffs 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
Executive Compensation Analysis
The Maine Sheriffs Association consistently reports 0% officer compensation across all available filings, indicating that its leadership is not paid directly by the organization, which is a strong positive for donor trust.
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 Sheriffs Association's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting efficiency analysis.
Strengths
The following positive indicators were identified for Maine Sheriffs Association:
- Consistent positive net income in recent years (e.g., $37,435 in 2023).
- Growing asset base, reaching $390,607 in 2023.
- Zero officer compensation reported across all filings, indicating strong fiscal responsibility regarding executive pay.
- Consistently low or zero liabilities reported, suggesting sound debt management.
Frequently Asked Questions about Maine Sheriffs Association
Is Maine Sheriffs Association a legitimate charity?
Maine Sheriffs Association (EIN: 10463255) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $220K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Maine Sheriffs Association spend its money?
Maine Sheriffs Association directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Maine Sheriffs Association tax-deductible?
Maine Sheriffs Association is registered as a tax-exempt nonprofit (EIN: 10463255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Sheriffs Association's spending goes to programs?
Maine Sheriffs Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Sheriffs Association located?
Maine Sheriffs Association is headquartered in Waterville, Maine and files with the IRS under EIN 10463255.
How many years of IRS 990 filings does Maine Sheriffs Association have?
Maine Sheriffs Association 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 $220K in total revenue.
Is the Maine Sheriffs Association financially stable?
Yes, the organization appears financially stable. In 2023, revenue ($222,821) exceeded expenses ($185,386), and assets have grown to $390,607, indicating a healthy financial position.
Does the Maine Sheriffs Association pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, meaning no salaries or other compensation are paid to officers by the organization.
How have the organization's assets changed over time?
The organization's assets have generally increased, from $24,751 in 2015 to $390,607 in 2023, demonstrating a positive trend in financial growth and reserves.
Filing History
IRS 990 filing history for Maine Sheriffs Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Sheriffs Association's revenue has declined by 69.7%, moving from $735K to $223K. Total assets increased by 46% over the same period, from $268K to $391K. Total functional expenses fell by 66.3%, from $550K to $185K. In its most recent filing year (2023), Maine Sheriffs Association reported a surplus of $37K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $223K | $185K | $391K | $0 | — | — |
| 2022 | $243K | $220K | $314K | $0 | — | View 990 |
| 2021 | $125K | $153K | $393K | $5K | — | View 990 |
| 2020 | $123K | $169K | $386K | $0 | — | View 990 |
| 2019 | $315K | $243K | $373K | $0 | — | View 990 |
| 2018 | $207K | $218K | $265K | $9K | — | View 990 |
| 2017 | $150K | $172K | $273K | $0 | — | View 990 |
| 2016 | $121K | $140K | $304K | $0 | — | View 990 |
| 2015 | $126K | $205K | $25K | $0 | — | View 990 |
| 2014 | $128K | $171K | $103K | $0 | — | View 990 |
| 2013 | $365K | $414K | $146K | $0 | — | View 990 |
| 2012 | $593K | $666K | $194K | $0 | — | View 990 |
| 2011 | $735K | $550K | $268K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $223K, expenses of $185K, and assets of $391K (revenue -8.3% year-over-year).
- 2022: Revenue of $243K, expenses of $220K, and assets of $314K (revenue +94.8% year-over-year).
- 2021: Revenue of $125K, expenses of $153K, and assets of $393K (revenue +1.7% year-over-year).
- 2020: Revenue of $123K, expenses of $169K, and assets of $386K (revenue -61.1% year-over-year).
- 2019: Revenue of $315K, expenses of $243K, and assets of $373K (revenue +52.4% year-over-year).
- 2018: Revenue of $207K, expenses of $218K, and assets of $265K (revenue +37.3% year-over-year).
- 2017: Revenue of $150K, expenses of $172K, and assets of $273K (revenue +24.6% year-over-year).
- 2016: Revenue of $121K, expenses of $140K, and assets of $304K (revenue -4.3% year-over-year).
- 2015: Revenue of $126K, expenses of $205K, and assets of $25K (revenue -1.3% year-over-year).
- 2014: Revenue of $128K, expenses of $171K, and assets of $103K (revenue -65.0% year-over-year).
- 2013: Revenue of $365K, expenses of $414K, and assets of $146K (revenue -38.3% year-over-year).
- 2012: Revenue of $593K, expenses of $666K, and assets of $194K (revenue -19.4% year-over-year).
- 2011: Revenue of $735K, expenses of $550K, and assets of $268K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Sheriffs Association:
Data Sources and Methodology
This transparency report for Maine Sheriffs 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.