Maple Place Foundation
Maple Place Foundation reports highly volatile revenue, including significant losses, and zero officer compensation across all filings.
EIN: 134178390 · Guilford, CT · NTEE: T20 · Updated: 2026-03-28
Is Maple Place Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maple Place Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maple Place Foundation
Maple Place Foundation (EIN: 134178390) is a nonprofit organization based in Guilford, CT, classified under NTEE code T20. The organization reported total revenue of $3.1M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maple Place Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maple Place Foundation is a mid-size nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $186K |
| Total Expenses | $183K |
| Surplus / Deficit | +$3K |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 109.8 months |
Financial Health Grade: A
In 2023, Maple Place Foundation reported a surplus of $3K with revenue exceeding expenses, holds 109.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Maple Place Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -139.3% | +0.0% | +30.1% |
| 2021 | +548.2% | -0.1% | +24.2% |
| 2020 | -18.3% | -0.2% | +6.3% |
| 2019 | +400.3% | +53.1% | +146392200.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Maple Place Foundation with a Mission Score of 45 out of 100 (Fair). 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, Maple Place Foundation 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a fully volunteer-run organization or that compensation is not reported under 'Officer Comp' on these summaries, which is unusual for an organization with assets over $1 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 Maple Place Foundation's IRS 990 filings:
- Highly volatile and inconsistent revenue, including significant negative figures (e.g., $-149,803 in 2022).
- Large discrepancy between 'Latest Revenue' ($3,146,432) and annual reported revenues, raising questions about financial reporting consistency.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering spending efficiency analysis.
- Significant fluctuations in asset base without clear explanation in the summary data.
Strengths
The following positive indicators were identified for Maple Place Foundation:
- Consistent reporting of zero officer compensation, indicating potential for low overhead in leadership costs.
- Long filing history (10 filings), suggesting established operations, despite financial volatility.
- Consistently low reported liabilities ($1 across most filings), indicating minimal debt burden.
Frequently Asked Questions about Maple Place Foundation
Is Maple Place Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maple Place Foundation (EIN: 134178390) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does Maple Place Foundation spend its money?
Maple Place Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maple Place Foundation tax-deductible?
Maple Place Foundation is registered as a tax-exempt nonprofit (EIN: 134178390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Maple Place Foundation report negative revenue in some years, such as $-149,803 in 2022 and $-180,800 in 2012?
Negative revenue figures typically indicate significant investment losses or other non-programmatic financial deductions exceeding income. This warrants further investigation into the organization's investment strategies and revenue sources.
How does Maple Place Foundation operate with zero reported officer compensation, especially given its asset base and expenses?
Zero officer compensation suggests a volunteer-led model. However, for an organization with assets exceeding $1.6 million, it's unusual and could imply that key personnel are compensated through other means not captured as 'Officer Comp' or that the organization relies heavily on unpaid leadership.
What is the primary source of the organization's 'Latest Revenue' of $3,146,432, given the much lower revenues in individual filing periods?
The discrepancy between the 'Latest Revenue' and individual filing period revenues suggests that the latest figure might be an aggregate or a specific type of income (e.g., a large grant or investment gain) not consistently reflected in the annual operational revenues, or it could be a reporting anomaly.
What are the specific program activities and how much is spent directly on them, given the lack of detailed expense breakdowns?
Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's impossible to determine the organization's program efficiency. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests grantmaking, but specific program details are missing.
Filing History
IRS 990 filing history for Maple Place Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Maple Place Foundation's revenue has grown by 515.9%, moving from $30K to $186K. Total assets increased by 58.5% over the same period, from $1.1M to $1.7M. Total functional expenses rose by 241%, from $54K to $183K. In its most recent filing year (2023), Maple Place Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $186K | $183K | $1.7M | $1 | — | View 990 |
| 2022 | $-149,803 | $81K | $2.5M | $1 | — | View 990 |
| 2021 | $381K | $81K | $1.9M | $1 | — | View 990 |
| 2020 | $59K | $81K | $1.6M | $1 | — | View 990 |
| 2019 | $72K | $81K | $1.5M | $1 | — | View 990 |
| 2015 | $14K | $53K | $1 | $1 | — | View 990 |
| 2014 | $38K | $56K | $837K | $1 | — | View 990 |
| 2013 | $85K | $54K | $667K | $1 | — | View 990 |
| 2012 | $-180,800 | $50K | $691K | $0 | — | View 990 |
| 2011 | $30K | $54K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186K, expenses of $183K, and assets of $1.7M.
- 2022: Revenue of $-149,803, expenses of $81K, and assets of $2.5M (revenue -139.3% year-over-year).
- 2021: Revenue of $381K, expenses of $81K, and assets of $1.9M (revenue +548.2% year-over-year).
- 2020: Revenue of $59K, expenses of $81K, and assets of $1.6M (revenue -18.3% year-over-year).
- 2019: Revenue of $72K, expenses of $81K, and assets of $1.5M (revenue +400.3% year-over-year).
- 2015: Revenue of $14K, expenses of $53K, and assets of $1 (revenue -62.3% year-over-year).
- 2014: Revenue of $38K, expenses of $56K, and assets of $837K (revenue -54.9% year-over-year).
- 2013: Revenue of $85K, expenses of $54K, and assets of $667K.
- 2012: Revenue of $-180,800, expenses of $50K, and assets of $691K (revenue -698.6% year-over-year).
- 2011: Revenue of $30K, expenses of $54K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maple Place Foundation:
Data Sources and Methodology
This transparency report for Maple Place Foundation 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.