Maine State Bar Association
Maine State Bar Association consistently maintains financial surpluses and reports no officer compensation.
EIN: 10279306 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.8M |
| Transparency Score | 95/100 |
Is Maine State Bar Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine State Bar Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine State Bar Association
Maine State Bar Association (EIN: 10279306) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $1.6M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine State Bar Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine State Bar Association is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$192K |
| Total Assets | $2.3M |
| Total Liabilities | $524K |
| Net Assets | $1.8M |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 23.0% |
| Months of Reserves | 18.6 months |
Financial Health Grade: A
In 2023, Maine State Bar Association reported a surplus of $192K with revenue exceeding expenses, holds 18.6 months of operating reserves (strong position), has a debt-to-asset ratio of 23.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine State Bar Association's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.6% | +13.3% | +13.5% |
| 2022 | +12.2% | +13.1% | +6.1% |
| 2021 | -11.5% | -9.6% | +16.1% |
| 2020 | +0.5% | -8.9% | +10.7% |
| 2019 | +13.1% | +7.6% | +25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
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 State Bar Association 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: 85%
- fundraising: 5%
According to IRS 990 filings, Maine State Bar Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $192K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is a highly positive indicator of financial stewardship and a commitment to mission over individual gain, especially for an organization with annual revenues consistently above $1 million.
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 State Bar Association:
- Consistent financial surpluses, with revenue exceeding expenses in most years.
- Significant growth in assets, from $765,486 in 2015 to $2,277,016 in 2023, indicating strong financial management.
- 0% reported officer compensation across all filings, demonstrating a commitment to mission-focused spending.
- Stable revenue streams, consistently above $1.3 million annually over the past decade.
Frequently Asked Questions about Maine State Bar Association
Is Maine State Bar Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine State Bar Association (EIN: 10279306) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Maine State Bar Association spend its money?
Maine State Bar Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine State Bar Association tax-deductible?
Maine State Bar Association is registered as a tax-exempt nonprofit (EIN: 10279306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine State Bar Association CEO make?
Maine State Bar Association's highest-compensated officer earns $1 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine State Bar Association's spending goes to programs?
Maine State Bar Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine State Bar Association located?
Maine State Bar Association is headquartered in Augusta, Maine and files with the IRS under EIN 10279306.
How many years of IRS 990 filings does Maine State Bar Association have?
Maine State Bar 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 $1.6M in total revenue.
Is the Maine State Bar Association a good charity?
Based on the provided financial data, the Maine State Bar Association appears to be a financially sound and well-managed organization. It consistently generates surpluses, has growing assets, and reports no officer compensation, all of which are strong indicators of a 'good' charity in terms of financial health and ethical spending.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth and stability over the past decade. Revenues have generally increased, and expenses have been well-managed, leading to a significant increase in assets from $765,486 in 2015 to $2,277,016 in 2023. This indicates a positive trend in financial health.
What is the organization's approach to executive compensation?
The Maine State Bar Association reports 0% officer compensation in all available filings, suggesting a volunteer-led executive structure or that executive salaries are covered by other means not reported as officer compensation on the 990, which is a strong positive for directing funds to mission-related activities.
Filing History
IRS 990 filing history for Maine State Bar Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine State Bar Association's revenue has declined by 61.7%, moving from $4.3M to $1.7M. Total assets increased by 176.3% over the same period, from $824K to $2.3M. Total functional expenses fell by 66.4%, from $4.4M to $1.5M. In its most recent filing year (2023), Maine State Bar Association reported a surplus of $192K, with revenue exceeding expenses. The organization holds $524K in liabilities against $2.3M in assets (debt-to-asset ratio: 23.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.5M | $2.3M | $524K | — | View 990 |
| 2022 | $1.5M | $1.3M | $2.0M | $487K | — | — |
| 2021 | $1.3M | $1.1M | $1.9M | $470K | — | View 990 |
| 2020 | $1.5M | $1.3M | $1.6M | $448K | — | View 990 |
| 2019 | $1.5M | $1.4M | $1.5M | $510K | — | View 990 |
| 2018 | $1.3M | $1.3M | $1.2M | $315K | — | View 990 |
| 2017 | $1.5M | $1.4M | $1.2M | $401K | — | View 990 |
| 2016 | $1.4M | $1.4M | $1.1M | $366K | — | View 990 |
| 2015 | $1.5M | $1.4M | $765K | $126K | — | View 990 |
| 2014 | $1.5M | $1.4M | $1.1M | $534K | — | View 990 |
| 2013 | $1.4M | $1.5M | $1.0M | $549K | — | View 990 |
| 2012 | $1.9M | $1.8M | $634K | $86K | — | View 990 |
| 2011 | $4.3M | $4.4M | $824K | $393K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.5M, and assets of $2.3M (revenue +11.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.3M, and assets of $2.0M (revenue +12.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $1.9M (revenue -11.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $1.6M (revenue +0.5% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $1.5M (revenue +13.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M (revenue -9.5% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $1.2M (revenue +1.1% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $1.1M (revenue -1.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $765K (revenue -2.0% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $1.1M (revenue +4.8% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $1.0M (revenue -27.1% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $634K (revenue -55.1% year-over-year).
- 2011: Revenue of $4.3M, expenses of $4.4M, and assets of $824K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine State Bar Association:
Data Sources and Methodology
This transparency report for Maine State Bar 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.