Maine Water Environment Association
Maine Water Environment Association frequently operates at a deficit with declining assets, but reports no officer compensation.
EIN: 10380810 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $220K |
| Total Expenses | $127K |
| Program Spending | 80% |
| Net Assets | $59K |
| Transparency Score | 75/100 |
Is Maine Water Environment Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Water Environment Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Water Environment Association
Maine Water Environment Association (EIN: 10380810) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $220K and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Water Environment Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Water Environment Association is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $127K |
| Surplus / Deficit | $-25,474 |
| Total Assets | $64K |
| Total Liabilities | $5K |
| Net Assets | $59K |
| Operating Margin | -25.1% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Maine Water Environment Association reported a deficit of $25K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Water Environment Association's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | +3.9% | -24.1% |
| 2022 | -4.8% | +15.3% | -15.6% |
| 2021 | +209.3% | +110.2% | +5.6% |
| 2020 | -73.8% | -64.2% | -23.4% |
| 2019 | +13.8% | +10.6% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
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 Water Environment Association with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Maine Water Environment 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:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive team or that executive functions are performed without direct salary, which is highly efficient for a nonprofit of this size.
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 Water Environment Association's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023, 2022, 2020)
- Declining asset base from $135,236 in 2016 to $64,398 in 2023
Strengths
The following positive indicators were identified for Maine Water Environment Association:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead
- Generally low liabilities, often reporting $0
- Consistent filing history demonstrating transparency
Frequently Asked Questions about Maine Water Environment Association
Is Maine Water Environment Association a legitimate charity?
Maine Water Environment Association (EIN: 10380810) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $220K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Maine Water Environment Association spend its money?
Maine Water Environment Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Water Environment Association tax-deductible?
Maine Water Environment Association is registered as a tax-exempt nonprofit (EIN: 10380810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Water Environment Association's spending goes to programs?
Maine Water Environment Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Water Environment Association located?
Maine Water Environment Association is headquartered in Augusta, Maine and files with the IRS under EIN 10380810.
How many years of IRS 990 filings does Maine Water Environment Association have?
Maine Water Environment 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 MWEA financially sustainable given recent deficits?
MWEA has frequently reported expenses exceeding revenue in recent years (e.g., 2023, 2022, 2020), leading to a decline in assets from $135,236 in 2016 to $64,398 in 2023. This trend raises concerns about long-term financial sustainability if not reversed.
What is the primary source of MWEA's revenue?
Without detailed 990 schedules, the specific breakdown of revenue sources (e.g., membership dues, grants, events) is not available in the provided data. However, total revenue has fluctuated, with a recent high of $111,913 in 2021 and a low of $36,188 in 2020.
How does MWEA manage its liabilities?
MWEA generally maintains very low liabilities, often reporting $0 in several years (e.g., 2022, 2021). The highest reported liability was $21,225 in 2019 and 2018, indicating responsible management of debt.
Filing History
IRS 990 filing history for Maine Water Environment Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Water Environment Association's revenue has declined by 12.4%, moving from $116K to $102K. Total assets decreased by 41.6% over the same period, from $110K to $64K. Total functional expenses rose by 14%, from $111K to $127K. In its most recent filing year (2023), Maine Water Environment Association reported a deficit of $25K, with expenses exceeding revenue. The organization holds $5K in liabilities against $64K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $127K | $64K | $5K | — | — |
| 2022 | $107K | $122K | $85K | $0 | — | View 990 |
| 2021 | $112K | $106K | $101K | $0 | — | View 990 |
| 2020 | $36K | $50K | $95K | $6K | — | View 990 |
| 2019 | $138K | $141K | $124K | $21K | — | View 990 |
| 2018 | $121K | $127K | $127K | $21K | — | View 990 |
| 2017 | $116K | $119K | $117K | $6K | — | View 990 |
| 2016 | $128K | $116K | $135K | $21K | — | View 990 |
| 2015 | $111K | $118K | $121K | $18K | — | View 990 |
| 2014 | $116K | $129K | $132K | $21K | — | View 990 |
| 2013 | $133K | $121K | $140K | $18K | — | View 990 |
| 2012 | $112K | $89K | $130K | $18K | — | View 990 |
| 2011 | $116K | $111K | $110K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $127K, and assets of $64K (revenue -4.7% year-over-year).
- 2022: Revenue of $107K, expenses of $122K, and assets of $85K (revenue -4.8% year-over-year).
- 2021: Revenue of $112K, expenses of $106K, and assets of $101K (revenue +209.3% year-over-year).
- 2020: Revenue of $36K, expenses of $50K, and assets of $95K (revenue -73.8% year-over-year).
- 2019: Revenue of $138K, expenses of $141K, and assets of $124K (revenue +13.8% year-over-year).
- 2018: Revenue of $121K, expenses of $127K, and assets of $127K (revenue +4.7% year-over-year).
- 2017: Revenue of $116K, expenses of $119K, and assets of $117K (revenue -9.1% year-over-year).
- 2016: Revenue of $128K, expenses of $116K, and assets of $135K (revenue +15.4% year-over-year).
- 2015: Revenue of $111K, expenses of $118K, and assets of $121K (revenue -5.1% year-over-year).
- 2014: Revenue of $116K, expenses of $129K, and assets of $132K (revenue -12.1% year-over-year).
- 2013: Revenue of $133K, expenses of $121K, and assets of $140K (revenue +18.4% year-over-year).
- 2012: Revenue of $112K, expenses of $89K, and assets of $130K (revenue -3.4% year-over-year).
- 2011: Revenue of $116K, expenses of $111K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Water Environment Association:
Data Sources and Methodology
This transparency report for Maine Water Environment 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.