Maine Town & City Clerks Association

Maine Town & City Clerks Association maintains strong assets despite recent operating deficit and zero officer compensation.

EIN: 10469734 · Augusta, ME · NTEE: S41 · Updated: 2026-03-28

$132KRevenue
$250KAssets
85/100Mission Score (Excellent)
S41
Maine Town & City Clerks Association Financial Summary
MetricValue
Total Revenue$132K
Total Expenses$120K
Program Spending80%
CEO/Top Officer Pay$38,064
Net Assets$182K
Transparency Score85/100

Is Maine Town & City Clerks Association Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Maine Town & City Clerks Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Maine Town & City Clerks Association

Maine Town & City Clerks Association (EIN: 10469734) is a nonprofit organization based in Augusta, ME, classified under NTEE code S41. The organization reported total revenue of $132K and total assets of $250K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Town & City Clerks Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

25Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Maine Town & City Clerks Association is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$105K
Total Expenses$120K
Surplus / Deficit$-14,938
Total Assets$240K
Total Liabilities$58K
Net Assets$182K
Operating Margin-14.2%
Debt-to-Asset Ratio24.2%
Months of Reserves24.0 months

Financial Health Grade: B

In 2023, Maine Town & City Clerks Association reported a deficit of $15K with expenses exceeding revenue, holds 24.0 months of operating reserves (strong position), has a debt-to-asset ratio of 24.2% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Maine Town & City Clerks Association's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-34.6%+33.6%-7.2%
2022+39.4%+181.9%+23.9%
2021+203.1%+2.2%+77.4%
2020-60.4%-66.7%+53.6%
2019-2.3%+2.0%-0.9%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2001

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Maine Town & City Clerks Association demonstrates a generally stable financial position, with assets growing significantly from $52,015 in 2015 to $240,035 in 2023. Revenue has fluctuated, peaking at $160,839 in 2022, but the organization experienced a deficit in 2023 with expenses exceeding revenue ($120,065 vs. $105,127). This recent deficit warrants attention, though the organization maintains a healthy asset base relative to its annual expenses, suggesting good financial reserves. The consistent reporting of 0% officer compensation across all filings indicates strong transparency regarding executive pay and a volunteer-driven leadership model, which is a positive sign for donor confidence. The organization's spending efficiency appears reasonable, though the specific breakdown of program, administrative, and fundraising expenses is not explicitly detailed in the provided summary data. However, the consistent growth in assets over the past decade, despite some years of operating deficits, suggests effective management of resources. The NTEE code S41 (Civic & Social Organizations) aligns with its mission to support town and city clerks, and the financial data supports an organization focused on its operational activities rather than excessive overhead or fundraising costs, given the lack of reported officer compensation. Overall, the Maine Town & City Clerks Association appears to be a financially sound organization with a strong commitment to transparency regarding executive compensation. While the recent operating deficit in 2023 should be monitored, its substantial asset base provides a buffer. The organization's consistent filing history and growth in assets over time indicate responsible financial stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Town & City Clerks 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

According to IRS 990 filings, Maine Town & City Clerks Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$105KTotal Revenue
$120KTotal Expenses
$240KTotal Assets
$58KTotal Liabilities
$182KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with revenues ranging from $38,064 to $160,839.

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 Town & City Clerks Association's IRS 990 filings:

Strengths

The following positive indicators were identified for Maine Town & City Clerks Association:

Frequently Asked Questions about Maine Town & City Clerks Association

Is Maine Town & City Clerks Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Maine Town & City Clerks Association (EIN: 10469734) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Maine Town & City Clerks Association spend its money?

Maine Town & City Clerks Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Maine Town & City Clerks Association tax-deductible?

Maine Town & City Clerks Association is registered as a tax-exempt nonprofit (EIN: 10469734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Maine Town & City Clerks Association CEO make?

Maine Town & City Clerks Association's highest-compensated officer earns $38,064 annually. The organization reported $132K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Maine Town & City Clerks Association's spending goes to programs?

Maine Town & City Clerks Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Maine Town & City Clerks Association compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Maine Town & City Clerks 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 Town & City Clerks Association located?

Maine Town & City Clerks Association is headquartered in Augusta, Maine and files with the IRS under EIN 10469734. It is classified under NTEE code S41.

How many years of IRS 990 filings does Maine Town & City Clerks Association have?

Maine Town & City Clerks 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 $132K in total revenue.

Is the Maine Town & City Clerks Association financially stable?

Yes, despite a recent operating deficit in 2023 ($120,065 expenses vs. $105,127 revenue), the organization has a strong asset base of $240,035, which provides a good financial buffer.

How has the organization's asset base changed over time?

The organization's assets have shown significant growth, increasing from $52,015 in 2015 to $240,035 in 2023, indicating effective financial management and accumulation of reserves.

Does the organization pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation, suggesting a volunteer-led organization.

What was the organization's highest revenue year?

The highest reported revenue was $160,839 in the 2022 fiscal period.

Did the organization operate at a surplus or deficit in recent years?

The organization operated at a surplus in 2022 (Revenue $160,839, Expenses $89,881) and 2021 (Revenue $115,389, Expenses $31,886), but incurred a deficit in 2023 (Revenue $105,127, Expenses $120,065).

Filing History

IRS 990 filing history for Maine Town & City Clerks Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Maine Town & City Clerks Association's revenue has grown by 92.7%, moving from $55K to $105K. Total assets increased by 250.5% over the same period, from $68K to $240K. Total functional expenses rose by 86%, from $65K to $120K. In its most recent filing year (2023), Maine Town & City Clerks Association reported a deficit of $15K, with expenses exceeding revenue. The organization holds $58K in liabilities against $240K in assets (debt-to-asset ratio: 24.2%), resulting in net assets of $182K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $105K $120K $240K $58K View 990
2022 $161K $90K $259K $62K View 990
2021 $115K $32K $209K $63K View 990
2020 $38K $31K $118K $55K View 990
2019 $96K $94K $77K $55K View 990
2018 $98K $92K $77K $59K View 990
2017 $86K $83K $61K $49K View 990
2016 $100K $98K $55K $46K View 990
2015 $71K $87K $52K $44K View 990
2014 $71K $75K $66K $43K View 990
2013 $75K $83K $66K $38K View 990
2012 $69K $74K $70K $34K View 990
2011 $55K $65K $68K $27K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Maine Town & City Clerks Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Maine Town & City Clerks 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.

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