Maine Society Of Eye Physicians & Surgeons
Maine Society Of Eye Physicians & Surgeons maintains stable finances with volunteer leadership and no liabilities.
EIN: 10363625 · Manchester, ME · NTEE: G41Z · Updated: 2026-03-28
Is Maine Society Of Eye Physicians & Surgeons Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Society Of Eye Physicians & Surgeons directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Society Of Eye Physicians & Surgeons
Maine Society Of Eye Physicians & Surgeons (EIN: 10363625) is a nonprofit organization based in Manchester, ME, classified under NTEE code G41Z. The organization reported total revenue of $172K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Society Of Eye Physicians & Surgeons's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Society Of Eye Physicians & Surgeons with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Maine Society Of Eye Physicians & Surgeons allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues typically under $200,000.
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 Society Of Eye Physicians & Surgeons:
- Zero officer compensation, indicating volunteer leadership and high efficiency.
- Consistently reports zero liabilities, demonstrating strong financial health and management.
- Assets have shown consistent growth over the past decade, from $169,431 in 2014 to $289,179 in 2023.
- Expenses are generally well-controlled relative to revenue, indicating responsible spending.
- Stable financial history with 13 filings, showing long-term operational consistency.
Frequently Asked Questions about Maine Society Of Eye Physicians & Surgeons
Is Maine Society Of Eye Physicians & Surgeons a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Society Of Eye Physicians & Surgeons (EIN: 10363625) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Maine Society Of Eye Physicians & Surgeons spend its money?
Maine Society Of Eye Physicians & Surgeons directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Society Of Eye Physicians & Surgeons tax-deductible?
Maine Society Of Eye Physicians & Surgeons is registered as a tax-exempt nonprofit (EIN: 10363625). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Maine Society Of Eye Physicians & Surgeons a good charity?
Based on the available financial data, the Maine Society Of Eye Physicians & Surgeons appears to be a very good charity. It operates with zero reported officer compensation, indicating a volunteer-driven model, and consistently reports zero liabilities, demonstrating strong financial management. Its assets have grown over time, and expenses generally align with revenue.
How does the organization manage its finances?
The organization manages its finances conservatively, consistently reporting zero liabilities. While revenue fluctuates, expenses are kept in line, and assets have shown steady growth, reaching $289,179 in 2023. The absence of officer compensation further highlights efficient resource allocation.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend over the past decade, growing from $169,431 in 2014 to $289,179 in 2023, indicating financial stability and growth in reserves.
Filing History
IRS 990 filing history for Maine Society Of Eye Physicians & Surgeons showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Society Of Eye Physicians & Surgeons's revenue has grown by 17%, moving from $129K to $151K. Total assets increased by 80.1% over the same period, from $161K to $289K. Total functional expenses rose by 25.3%, from $125K to $157K. In its most recent filing year (2023), Maine Society Of Eye Physicians & Surgeons reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $157K | $289K | $0 | — | — |
| 2022 | $172K | $153K | $296K | $0 | — | — |
| 2021 | $194K | $192K | $276K | $0 | — | View 990 |
| 2020 | $92K | $113K | $274K | $0 | — | View 990 |
| 2019 | $196K | $155K | $295K | $0 | — | View 990 |
| 2018 | $180K | $158K | $254K | $0 | — | View 990 |
| 2017 | $181K | $150K | $232K | $0 | — | View 990 |
| 2016 | $210K | $184K | $200K | $0 | — | View 990 |
| 2015 | $142K | $137K | $174K | $0 | — | View 990 |
| 2014 | $141K | $132K | $169K | $0 | — | View 990 |
| 2013 | $133K | $135K | $161K | $0 | — | View 990 |
| 2012 | $146K | $143K | $164K | $0 | — | View 990 |
| 2011 | $129K | $125K | $161K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $157K, and assets of $289K (revenue -12.6% year-over-year).
- 2022: Revenue of $172K, expenses of $153K, and assets of $296K (revenue -11.4% year-over-year).
- 2021: Revenue of $194K, expenses of $192K, and assets of $276K (revenue +112.1% year-over-year).
- 2020: Revenue of $92K, expenses of $113K, and assets of $274K (revenue -53.2% year-over-year).
- 2019: Revenue of $196K, expenses of $155K, and assets of $295K (revenue +8.7% year-over-year).
- 2018: Revenue of $180K, expenses of $158K, and assets of $254K (revenue -0.7% year-over-year).
- 2017: Revenue of $181K, expenses of $150K, and assets of $232K (revenue -13.7% year-over-year).
- 2016: Revenue of $210K, expenses of $184K, and assets of $200K (revenue +48.4% year-over-year).
- 2015: Revenue of $142K, expenses of $137K, and assets of $174K (revenue +0.7% year-over-year).
- 2014: Revenue of $141K, expenses of $132K, and assets of $169K (revenue +6.1% year-over-year).
- 2013: Revenue of $133K, expenses of $135K, and assets of $161K (revenue -9.0% year-over-year).
- 2012: Revenue of $146K, expenses of $143K, and assets of $164K (revenue +13.2% year-over-year).
- 2011: Revenue of $129K, expenses of $125K, and assets of $161K.
Data Sources and Methodology
This transparency report for Maine Society Of Eye Physicians & Surgeons 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.