Maine Water Utilities Association
Maine Water Utilities Association shows strong revenue growth and no officer compensation.
EIN: 10114110 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $931K |
| Program Spending | 85% |
| Net Assets | $356K |
| Transparency Score | 90/100 |
Is Maine Water Utilities Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Water Utilities Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Water Utilities Association
Maine Water Utilities Association (EIN: 10114110) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $1.0M and total assets of $810K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Water Utilities Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Water Utilities Association is a mid-size nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $931K |
| Surplus / Deficit | +$100K |
| Total Assets | $685K |
| Total Liabilities | $329K |
| Net Assets | $356K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 48.0% |
| Months of Reserves | 8.8 months |
Financial Health Grade: A
In 2023, Maine Water Utilities Association reported a surplus of $100K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 48.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Maine Water Utilities Association's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.8% | +9.4% | +13.0% |
| 2022 | +30.4% | +39.0% | -21.5% |
| 2021 | +40.6% | +28.1% | +30.8% |
| 2020 | +120.0% | +495.6% | +28.0% |
| 2019 | -53.0% | -80.7% | +39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Utilities Association with a Mission Score of 90 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 Water Utilities 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 $100K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive sign, suggesting that all funds are directed towards operational expenses and mission-related activities, rather than executive salaries.
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 Water Utilities Association:
- Strong and consistent revenue growth, reaching over $1 million in 2023.
- Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
- Significant growth in assets from $114,647 in 2018 to $684,740 in 2023, enhancing financial stability.
- Positive net income in recent years, such as 2023 ($1,031,483 revenue vs. $931,241 expenses).
- Extensive filing history (14 filings) demonstrating long-term transparency.
Frequently Asked Questions about Maine Water Utilities Association
Is Maine Water Utilities Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Water Utilities Association (EIN: 10114110) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Maine Water Utilities Association spend its money?
Maine Water Utilities Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Water Utilities Association tax-deductible?
Maine Water Utilities Association is registered as a tax-exempt nonprofit (EIN: 10114110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Water Utilities Association's spending goes to programs?
Maine Water Utilities Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Water Utilities Association located?
Maine Water Utilities Association is headquartered in Augusta, Maine and files with the IRS under EIN 10114110.
How many years of IRS 990 filings does Maine Water Utilities Association have?
Maine Water Utilities Association has 14 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 $1.0M in total revenue.
Is Maine Water Utilities Association a good charity?
Based on the provided financial data, Maine Water Utilities Association appears to be a well-managed organization. It demonstrates strong revenue growth, positive net income in recent years (e.g., $1,031,483 revenue vs. $931,241 expenses in 2023), and a notable commitment to not paying officer compensation, which suggests a high dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial growth and improved health. Revenue has increased substantially from $390,245 in 2018 to over $1 million in 2023. Assets have also grown robustly from $114,647 in 2018 to $684,740 in 2023, indicating increasing financial stability and capacity.
What is the organization's approach to executive compensation?
The Maine Water Utilities Association consistently reports 0% officer compensation in all available IRS 990 filings. This indicates a policy of not paying salaries to its officers, which is a strong positive for financial efficiency and donor trust.
Filing History
IRS 990 filing history for Maine Water Utilities Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Maine Water Utilities Association's revenue has grown by 194.5%, moving from $350K to $1.0M. Total assets increased by 394.4% over the same period, from $139K to $685K. Total functional expenses rose by 158.3%, from $361K to $931K. In its most recent filing year (2023), Maine Water Utilities Association reported a surplus of $100K, with revenue exceeding expenses. The organization holds $329K in liabilities against $685K in assets (debt-to-asset ratio: 48.0%), resulting in net assets of $356K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $931K | $685K | $329K | — | — |
| 2022 | $847K | $852K | $606K | $334K | — | View 990 |
| 2021 | $649K | $613K | $771K | $488K | — | View 990 |
| 2020 | $462K | $478K | $590K | $338K | — | — |
| 2019 | $210K | $80K | $461K | $188K | — | View 990 |
| 2019 | $447K | $416K | $330K | $188K | — | View 990 |
| 2018 | $390K | $418K | $115K | $0 | — | View 990 |
| 2017 | $431K | $426K | $143K | $0 | — | View 990 |
| 2016 | $399K | $391K | $138K | $0 | — | View 990 |
| 2015 | $381K | $385K | $129K | $0 | — | View 990 |
| 2014 | $339K | $356K | $133K | $0 | — | View 990 |
| 2013 | $381K | $381K | $150K | $0 | — | View 990 |
| 2012 | $377K | $366K | $150K | $0 | — | View 990 |
| 2011 | $350K | $361K | $139K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $931K, and assets of $685K (revenue +21.8% year-over-year).
- 2022: Revenue of $847K, expenses of $852K, and assets of $606K (revenue +30.4% year-over-year).
- 2021: Revenue of $649K, expenses of $613K, and assets of $771K (revenue +40.6% year-over-year).
- 2020: Revenue of $462K, expenses of $478K, and assets of $590K (revenue +120.0% year-over-year).
- 2019: Revenue of $210K, expenses of $80K, and assets of $461K (revenue -53.0% year-over-year).
- 2019: Revenue of $447K, expenses of $416K, and assets of $330K (revenue +14.6% year-over-year).
- 2018: Revenue of $390K, expenses of $418K, and assets of $115K (revenue -9.5% year-over-year).
- 2017: Revenue of $431K, expenses of $426K, and assets of $143K (revenue +8.1% year-over-year).
- 2016: Revenue of $399K, expenses of $391K, and assets of $138K (revenue +4.9% year-over-year).
- 2015: Revenue of $381K, expenses of $385K, and assets of $129K (revenue +12.3% year-over-year).
- 2014: Revenue of $339K, expenses of $356K, and assets of $133K (revenue -11.1% year-over-year).
- 2013: Revenue of $381K, expenses of $381K, and assets of $150K (revenue +1.2% year-over-year).
- 2012: Revenue of $377K, expenses of $366K, and assets of $150K (revenue +7.6% year-over-year).
- 2011: Revenue of $350K, expenses of $361K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Water Utilities Association:
Data Sources and Methodology
This transparency report for Maine Water Utilities 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.