Maine Timber Research And Environmental Education Foundation
Maine Timber Research And Environmental Education Foundation shows strong financial growth with no reported officer compensation.
EIN: 10453264 · Augusta, ME · NTEE: C013 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $680K |
| Program Spending | 90% |
| Net Assets | $4.7M |
| Transparency Score | 92/100 |
Is Maine Timber Research And Environmental Education Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Timber Research And Environmental Education Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Timber Research And Environmental Education Foundation
Maine Timber Research And Environmental Education Foundation (EIN: 10453264) is a nonprofit organization based in Augusta, ME, classified under NTEE code C013. The organization reported total revenue of $1.8M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Timber Research And Environmental Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Timber Research And Environmental Education Foundation is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $680K |
| Surplus / Deficit | +$1.0M |
| Total Assets | $4.7M |
| Total Liabilities | $12K |
| Net Assets | $4.7M |
| Operating Margin | 60.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 83.2 months |
Financial Health Grade: A
In 2023, Maine Timber Research And Environmental Education Foundation reported a surplus of $1.0M with revenue exceeding expenses, holds 83.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Timber Research And Environmental Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +227.9% | +31.8% | +9.0% |
| 2022 | -37.1% | -12.1% | -11.7% |
| 2021 | +28.0% | +19.0% | +14.5% |
| 2020 | +81.5% | +2.7% | +8.4% |
| 2019 | -16.8% | +2.8% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Timber Research And Environmental Education Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Maine Timber Research And Environmental Education Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-driven leadership or that executive salaries are covered by other means, which is highly favorable for directing funds to the mission.
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 Timber Research And Environmental Education Foundation:
- Consistent asset growth, reaching $4,713,740 in 202312.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Strong revenue growth in recent periods, with 202312 revenue at $1,722,341 significantly exceeding expenses.
- Very low liabilities relative to assets, demonstrating strong financial stability.
- Consistent IRS 990 filing history over 13 periods, showing commitment to transparency.
Frequently Asked Questions about Maine Timber Research And Environmental Education Foundation
Is Maine Timber Research And Environmental Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Timber Research And Environmental Education Foundation (EIN: 10453264) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Maine Timber Research And Environmental Education Foundation spend its money?
Maine Timber Research And Environmental Education Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Timber Research And Environmental Education Foundation tax-deductible?
Maine Timber Research And Environmental Education Foundation is registered as a tax-exempt nonprofit (EIN: 10453264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Timber Research And Environmental Education Foundation's spending goes to programs?
Maine Timber Research And Environmental Education Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Timber Research And Environmental Education Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Maine Timber Research And Environmental Education Foundation is above average for NTEE category C013 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Timber Research And Environmental Education Foundation located?
Maine Timber Research And Environmental Education Foundation is headquartered in Augusta, Maine and files with the IRS under EIN 10453264. It is classified under NTEE code C013.
How many years of IRS 990 filings does Maine Timber Research And Environmental Education Foundation have?
Maine Timber Research And Environmental Education Foundation 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 $1.8M in total revenue.
Is Maine Timber Research And Environmental Education Foundation a good charity?
Based on the provided financial data, the Maine Timber Research And Environmental Education Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, consistently low liabilities, and a remarkable 0% officer compensation across all filings, indicating efficient use of funds and a strong program focus.
How has the organization's revenue trended over time?
The organization's revenue has shown significant fluctuations but an overall upward trend, particularly with a substantial increase to $1,722,341 in 202312 from $525,338 in 202212. This indicates successful fundraising or grant acquisition in recent periods.
What is the organization's asset growth like?
The organization's assets have shown consistent growth, increasing from $3,425,300 in 201512 to $4,713,740 in 202312, indicating sound financial management and accumulation of resources to support its mission.
How does the organization manage its liabilities?
The organization consistently maintains very low liabilities relative to its assets, with the highest reported being $70,030 in 202112 against assets of $4,898,823. This suggests excellent financial stability and minimal debt.
Filing History
IRS 990 filing history for Maine Timber Research And Environmental Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Timber Research And Environmental Education Foundation's revenue has grown by 278.8%, moving from $455K to $1.7M. Total assets increased by 950.8% over the same period, from $449K to $4.7M. Total functional expenses rose by 161%, from $260K to $680K. In its most recent filing year (2023), Maine Timber Research And Environmental Education Foundation reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $12K in liabilities against $4.7M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $680K | $4.7M | $12K | — | — |
| 2022 | $525K | $516K | $4.3M | $6K | — | View 990 |
| 2021 | $835K | $586K | $4.9M | $70K | — | View 990 |
| 2020 | $652K | $493K | $4.3M | $34K | — | — |
| 2019 | $359K | $480K | $3.9M | $40K | — | View 990 |
| 2018 | $432K | $467K | $3.6M | $43K | — | View 990 |
| 2017 | $455K | $503K | $3.8M | $0 | — | — |
| 2016 | $366K | $452K | $3.5M | $4K | — | View 990 |
| 2015 | $470K | $450K | $3.4M | $6K | — | View 990 |
| 2014 | $710K | $404K | $3.6M | $10K | — | View 990 |
| 2013 | $444K | $297K | $678K | $35K | — | View 990 |
| 2012 | $400K | $287K | $557K | $61K | — | View 990 |
| 2011 | $455K | $260K | $449K | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $680K, and assets of $4.7M (revenue +227.9% year-over-year).
- 2022: Revenue of $525K, expenses of $516K, and assets of $4.3M (revenue -37.1% year-over-year).
- 2021: Revenue of $835K, expenses of $586K, and assets of $4.9M (revenue +28.0% year-over-year).
- 2020: Revenue of $652K, expenses of $493K, and assets of $4.3M (revenue +81.5% year-over-year).
- 2019: Revenue of $359K, expenses of $480K, and assets of $3.9M (revenue -16.8% year-over-year).
- 2018: Revenue of $432K, expenses of $467K, and assets of $3.6M (revenue -5.1% year-over-year).
- 2017: Revenue of $455K, expenses of $503K, and assets of $3.8M (revenue +24.4% year-over-year).
- 2016: Revenue of $366K, expenses of $452K, and assets of $3.5M (revenue -22.1% year-over-year).
- 2015: Revenue of $470K, expenses of $450K, and assets of $3.4M (revenue -33.8% year-over-year).
- 2014: Revenue of $710K, expenses of $404K, and assets of $3.6M (revenue +60.0% year-over-year).
- 2013: Revenue of $444K, expenses of $297K, and assets of $678K (revenue +10.8% year-over-year).
- 2012: Revenue of $400K, expenses of $287K, and assets of $557K (revenue -12.0% year-over-year).
- 2011: Revenue of $455K, expenses of $260K, and assets of $449K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Timber Research And Environmental Education Foundation:
Data Sources and Methodology
This transparency report for Maine Timber Research And Environmental Education Foundation 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.