Mainely Character
Mainely Character reports a surplus in its latest filing with no officer compensation.
EIN: 10536795 · Portland, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $54K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $64,870 |
| Net Assets | $25K |
| Transparency Score | 75/100 |
Is Mainely Character Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mainely Character directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mainely Character
Mainely Character (EIN: 10536795) is a nonprofit organization based in Portland, ME, classified under NTEE code B82. The organization reported total revenue of $71K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mainely Character's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mainely Character is a micro nonprofit that has been operating for 25 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $54K |
| Surplus / Deficit | +$11K |
| Total Assets | $66K |
| Total Liabilities | $41K |
| Net Assets | $25K |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 62.8% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2023, Mainely Character reported a surplus of $11K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 62.8% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2001 |
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 Mainely Character 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, Mainely Character 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 surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.8%.
Executive Compensation Analysis
The organization reported 0% officer compensation, suggesting a volunteer-led structure or that compensation is below reporting thresholds, which is efficient for an organization of its size with $64,870 in revenue.
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 Mainely Character:
- Operated with a financial surplus ($64,870 revenue vs. $53,986 expenses) in its latest filing.
- No officer compensation reported, indicating efficient use of funds or volunteer leadership.
- Assets ($66,087) exceed liabilities ($41,485), showing a healthy balance sheet.
Frequently Asked Questions about Mainely Character
Is Mainely Character a legitimate charity?
Based on AI analysis of IRS 990 filings, Mainely Character (EIN: 10536795) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Mainely Character spend its money?
Mainely Character directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mainely Character tax-deductible?
Mainely Character is registered as a tax-exempt nonprofit (EIN: 10536795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mainely Character CEO make?
Mainely Character's highest-compensated officer earns $64,870 annually. The organization reported $71K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mainely Character's spending goes to programs?
Mainely Character directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mainely Character compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mainely Character is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mainely Character located?
Mainely Character is headquartered in Portland, Maine and files with the IRS under EIN 10536795. It is classified under NTEE code B82.
Is Mainely Character a good charity?
Based on the available data, Mainely Character appears to be financially stable, operating with a surplus ($64,870 revenue vs. $53,986 expenses) and no reported officer compensation. However, a full assessment would require more detailed program spending information from the 990.
What is Mainely Character's primary focus?
The NTEE code B82 indicates a focus on 'Youth Development, Services, & Leadership' within the 'Education' category. Without program details from the 990, specific activities are not clear.
Filing History
IRS 990 filing history for Mainely Character showing financial trends over 1 year of public records:
In its most recent filing year (2023), Mainely Character reported a surplus of $11K, with revenue exceeding expenses. The organization holds $41K in liabilities against $66K in assets (debt-to-asset ratio: 62.8%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $54K | $66K | $41K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mainely Character:
Data Sources and Methodology
This transparency report for Mainely Character 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.