Maine Wilderness Watershed Trust Inc
Maine Wilderness Watershed Trust Inc consistently grows assets with zero officer compensation.
EIN: 10446281 · Augusta, ME · NTEE: C340 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $834K |
| Total Expenses | $104K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.0M |
| Transparency Score | 92/100 |
Is Maine Wilderness Watershed Trust Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Wilderness Watershed Trust Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Wilderness Watershed Trust Inc
Maine Wilderness Watershed Trust Inc (EIN: 10446281) is a nonprofit organization based in Augusta, ME, classified under NTEE code C340. The organization reported total revenue of $834K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Wilderness Watershed Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Wilderness Watershed Trust Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $104K |
| Surplus / Deficit | +$64K |
| Total Assets | $3.0M |
| Total Liabilities | $13 |
| Net Assets | $3.0M |
| Operating Margin | 38.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 341.3 months |
Financial Health Grade: A
In 2023, Maine Wilderness Watershed Trust Inc reported a surplus of $64K with revenue exceeding expenses, holds 341.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Wilderness Watershed Trust Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.4% | -16.3% | +5.6% |
| 2022 | -48.3% | -23.2% | -0.9% |
| 2021 | +40.5% | +3.4% | +17.3% |
| 2020 | -17.7% | +39.0% | +7.3% |
| 2019 | -51.1% | -60.4% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Wilderness Watershed Trust Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Maine Wilderness Watershed Trust Inc 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 $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with assets nearing $3 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.
Red Flags
The following concerns were identified during AI analysis of Maine Wilderness Watershed Trust Inc's IRS 990 filings:
- Fluctuating annual revenue could impact long-term planning if not managed with sufficient reserves.
Strengths
The following positive indicators were identified for Maine Wilderness Watershed Trust Inc:
- Consistent asset growth, from $1.3M in 2015 to $2.9M in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Minimal liabilities reported, demonstrating strong financial management.
- Expenses consistently well below revenue in most periods, allowing for asset accumulation.
- Strong program spending ratio, estimated at 85%.
Frequently Asked Questions about Maine Wilderness Watershed Trust Inc
Is Maine Wilderness Watershed Trust Inc a legitimate charity?
Maine Wilderness Watershed Trust Inc (EIN: 10446281) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $834K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Maine Wilderness Watershed Trust Inc spend its money?
Maine Wilderness Watershed Trust Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maine Wilderness Watershed Trust Inc tax-deductible?
Maine Wilderness Watershed Trust Inc is registered as a tax-exempt nonprofit (EIN: 10446281). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Wilderness Watershed Trust Inc CEO make?
Maine Wilderness Watershed Trust Inc's highest-compensated officer earns $3 annually. The organization reported $834K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Wilderness Watershed Trust Inc's spending goes to programs?
Maine Wilderness Watershed Trust Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Wilderness Watershed Trust Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Maine Wilderness Watershed Trust Inc is above average for NTEE category C340 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Wilderness Watershed Trust Inc located?
Maine Wilderness Watershed Trust Inc is headquartered in Augusta, Maine and files with the IRS under EIN 10446281. It is classified under NTEE code C340.
How many years of IRS 990 filings does Maine Wilderness Watershed Trust Inc have?
Maine Wilderness Watershed Trust Inc 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 $834K in total revenue.
Is Maine Wilderness Watershed Trust Inc a good charity?
Based on its financial data, Maine Wilderness Watershed Trust Inc appears to be a very good charity. It consistently grows its assets, maintains low liabilities, and reports zero officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved, with assets growing from $1,388,912 in 2015 to $2,953,734 in 2023, demonstrating consistent growth and robust financial health.
What is the trend in revenue for Maine Wilderness Watershed Trust Inc?
Revenue has fluctuated over the years, with a high of $693,666 in 2018 and a low of $36,229 in 2015, but the organization has consistently managed expenses below revenue in most periods, allowing for asset accumulation.
Filing History
IRS 990 filing history for Maine Wilderness Watershed Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Wilderness Watershed Trust Inc's revenue has grown by 34.1%, moving from $125K to $167K. Total assets increased by 128.3% over the same period, from $1.3M to $3.0M. Total functional expenses rose by 100.7%, from $52K to $104K. In its most recent filing year (2023), Maine Wilderness Watershed Trust Inc reported a surplus of $64K, with revenue exceeding expenses. The organization holds $13 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167K | $104K | $3.0M | $13 | — | — |
| 2022 | $203K | $124K | $2.8M | $90 | — | — |
| 2021 | $392K | $162K | $2.8M | $0 | — | — |
| 2020 | $279K | $156K | $2.4M | $0 | — | View 990 |
| 2019 | $339K | $112K | $2.2M | $0 | — | View 990 |
| 2018 | $694K | $284K | $1.9M | $0 | — | View 990 |
| 2017 | $81K | $133K | $1.5M | $0 | — | View 990 |
| 2016 | $244K | $127K | $1.5M | $0 | — | View 990 |
| 2015 | $36K | $54K | $1.4M | $0 | — | View 990 |
| 2014 | $142K | $63K | $1.4M | $0 | — | View 990 |
| 2013 | $50K | $50K | $1.3M | $0 | — | View 990 |
| 2012 | $95K | $61K | $1.3M | $0 | — | View 990 |
| 2011 | $125K | $52K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $167K, expenses of $104K, and assets of $3.0M (revenue -17.4% year-over-year).
- 2022: Revenue of $203K, expenses of $124K, and assets of $2.8M (revenue -48.3% year-over-year).
- 2021: Revenue of $392K, expenses of $162K, and assets of $2.8M (revenue +40.5% year-over-year).
- 2020: Revenue of $279K, expenses of $156K, and assets of $2.4M (revenue -17.7% year-over-year).
- 2019: Revenue of $339K, expenses of $112K, and assets of $2.2M (revenue -51.1% year-over-year).
- 2018: Revenue of $694K, expenses of $284K, and assets of $1.9M (revenue +755.1% year-over-year).
- 2017: Revenue of $81K, expenses of $133K, and assets of $1.5M (revenue -66.8% year-over-year).
- 2016: Revenue of $244K, expenses of $127K, and assets of $1.5M (revenue +573.8% year-over-year).
- 2015: Revenue of $36K, expenses of $54K, and assets of $1.4M (revenue -74.6% year-over-year).
- 2014: Revenue of $142K, expenses of $63K, and assets of $1.4M (revenue +185.8% year-over-year).
- 2013: Revenue of $50K, expenses of $50K, and assets of $1.3M (revenue -47.7% year-over-year).
- 2012: Revenue of $95K, expenses of $61K, and assets of $1.3M (revenue -23.6% year-over-year).
- 2011: Revenue of $125K, expenses of $52K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Wilderness Watershed Trust Inc:
Data Sources and Methodology
This transparency report for Maine Wilderness Watershed Trust Inc 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.