Maranacook Area Youth Hockey Assoc
Maranacook Area Youth Hockey Assoc operates on tight margins with volunteer leadership, consistently spending nearly all revenue on programs.
EIN: 10464753 · Readfield, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $52K |
| Program Spending | 90% |
| Net Assets | $2K |
| Transparency Score | 85/100 |
Is Maranacook Area Youth Hockey Assoc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maranacook Area Youth Hockey Assoc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maranacook Area Youth Hockey Assoc
Maranacook Area Youth Hockey Assoc (EIN: 10464753) is a nonprofit organization based in Readfield, ME. The organization reported total revenue of $55K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maranacook Area Youth Hockey Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maranacook Area Youth Hockey Assoc is a micro nonprofit that has been operating for 33 years, with 8 years of IRS 990 filings on record (2013–2020). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $52K |
| Surplus / Deficit | +$2K |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 3.2% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2020, Maranacook Area Youth Hockey Assoc reported a surplus of $2K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2013–2020), Maranacook Area Youth Hockey Assoc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +36.1% | +30.0% | +260.1% |
| 2019 | -14.5% | -36.6% | -43.8% |
| 2018 | -11.8% | +14.9% | -64.0% |
| 2017 | -8.6% | -0.9% | -44.2% |
| 2016 | +18.3% | +1.9% | +46.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Maranacook Area Youth Hockey Assoc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Maranacook Area Youth Hockey Assoc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all eight available filings, indicating a fully volunteer-led executive team, which is highly efficient for a nonprofit of this size and directly contributes to maximizing program spending.
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 Maranacook Area Youth Hockey Assoc's IRS 990 filings:
- Consistently low asset base ($2,366 latest) provides minimal financial buffer for unexpected events or future growth.
- Occasional periods where expenses significantly exceed revenue, such as in 2018 ($63,055 expenses vs. $46,149 revenue), indicating potential reliance on future income or temporary debt.
Strengths
The following positive indicators were identified for Maranacook Area Youth Hockey Assoc:
- Strong program spending, with funds directly applied to its mission due to minimal overhead.
- Volunteer-led organization with 0% officer compensation, maximizing funds available for programs.
- Consistent IRS 990 filings demonstrate good transparency.
- Stable revenue stream over multiple years, indicating consistent community support.
Frequently Asked Questions about Maranacook Area Youth Hockey Assoc
Is Maranacook Area Youth Hockey Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maranacook Area Youth Hockey Assoc (EIN: 10464753) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Maranacook Area Youth Hockey Assoc spend its money?
Maranacook Area Youth Hockey Assoc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maranacook Area Youth Hockey Assoc tax-deductible?
Maranacook Area Youth Hockey Assoc is registered as a tax-exempt nonprofit (EIN: 10464753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maranacook Area Youth Hockey Assoc's spending goes to programs?
Maranacook Area Youth Hockey Assoc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maranacook Area Youth Hockey Assoc located?
Maranacook Area Youth Hockey Assoc is headquartered in Readfield, Maine and files with the IRS under EIN 10464753.
How many years of IRS 990 filings does Maranacook Area Youth Hockey Assoc have?
Maranacook Area Youth Hockey Assoc has 8 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 $55K in total revenue.
Is Maranacook Area Youth Hockey Assoc a good charity?
Yes, for its size and mission, it appears to be a good charity. It operates with volunteer leadership (0% officer compensation), consistently directs nearly all funds to its programs, and maintains transparency through regular IRS filings.
How does the organization manage its finances given its tight margins?
The organization manages its finances by operating on a lean budget, often spending close to or slightly more than its revenue, as seen in 2018 where expenses exceeded revenue by over $16,000. It relies on consistent, albeit modest, revenue streams and volunteer efforts to sustain its operations without accumulating significant assets or long-term liabilities.
What is the trend in the organization's revenue and expenses?
Revenue has been relatively stable, fluctuating between approximately $39,000 and $60,000 annually over the past eight years. Expenses generally track revenue closely, with some years showing expenses slightly exceeding revenue, such as in 2018 ($63,055 expenses vs. $46,149 revenue) and 2019 ($39,976 expenses vs. $39,464 revenue), indicating a consistent commitment to program delivery.
Filing History
IRS 990 filing history for Maranacook Area Youth Hockey Assoc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2020), Maranacook Area Youth Hockey Assoc's revenue has declined by 7.4%, moving from $58K to $54K. Total assets increased by 20.9% over the same period, from $2K to $2K. Total functional expenses fell by 22.7%, from $67K to $52K. In its most recent filing year (2020), Maranacook Area Youth Hockey Assoc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $54K | $52K | $2K | $0 | — | — |
| 2019 | $39K | $40K | $657 | $0 | — | View 990 |
| 2018 | $46K | $63K | $1K | $15K | — | View 990 |
| 2017 | $52K | $55K | $3K | $0 | — | View 990 |
| 2016 | $57K | $55K | $6K | $0 | — | View 990 |
| 2015 | $48K | $54K | $4K | $0 | — | View 990 |
| 2014 | $61K | $53K | $10K | $0 | — | View 990 |
| 2013 | $58K | $67K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $54K, expenses of $52K, and assets of $2K (revenue +36.1% year-over-year).
- 2019: Revenue of $39K, expenses of $40K, and assets of $657 (revenue -14.5% year-over-year).
- 2018: Revenue of $46K, expenses of $63K, and assets of $1K (revenue -11.8% year-over-year).
- 2017: Revenue of $52K, expenses of $55K, and assets of $3K (revenue -8.6% year-over-year).
- 2016: Revenue of $57K, expenses of $55K, and assets of $6K (revenue +18.3% year-over-year).
- 2015: Revenue of $48K, expenses of $54K, and assets of $4K (revenue -20.3% year-over-year).
- 2014: Revenue of $61K, expenses of $53K, and assets of $10K (revenue +4.8% year-over-year).
- 2013: Revenue of $58K, expenses of $67K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maranacook Area Youth Hockey Assoc:
Data Sources and Methodology
This transparency report for Maranacook Area Youth Hockey Assoc 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.