Massabesic Athletic Boosters Inc
Massabesic Athletic Boosters Inc consistently operates with a strong program focus and zero officer compensation.
EIN: 10537310 · Waterboro, ME · NTEE: N116 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $254K |
| Total Expenses | $152K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $305K |
| Transparency Score | 92/100 |
Is Massabesic Athletic Boosters Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massabesic Athletic Boosters Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massabesic Athletic Boosters Inc
Massabesic Athletic Boosters Inc (EIN: 10537310) is a nonprofit organization based in Waterboro, ME, classified under NTEE code N116. The organization reported total revenue of $254K and total assets of $233K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massabesic Athletic Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massabesic Athletic Boosters Inc is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $152K |
| Surplus / Deficit | +$2K |
| Total Assets | $305K |
| Net Assets | $305K |
| Operating Margin | 1.2% |
| Months of Reserves | 24.1 months |
Financial Health Grade: A
In 2023, Massabesic Athletic Boosters Inc reported a surplus of $2K with revenue exceeding expenses, holds 24.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Massabesic Athletic Boosters Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.2% | +57.8% | +0.6% |
| 2022 | +402.8% | +138.4% | +8.1% |
| 2021 | -87.0% | -76.3% | -5.6% |
| 2020 | -8.8% | +2.9% | +4.1% |
| 2019 | -13.3% | -6.7% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Massabesic Athletic Boosters 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Massabesic Athletic Boosters Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is likely volunteer-led and directs all available funds towards its athletic programs, which is highly commendable for an organization of its size with revenues fluctuating around $100,000-$200,000 annually.
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 Massabesic Athletic Boosters Inc:
- Consistent 0% officer compensation, maximizing program impact.
- Healthy asset base with no reported liabilities across all filings.
- Strong program spending ratio, indicating efficient use of funds.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Positive net assets growth over the past decade.
Frequently Asked Questions about Massabesic Athletic Boosters Inc
Is Massabesic Athletic Boosters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Massabesic Athletic Boosters Inc (EIN: 10537310) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Massabesic Athletic Boosters Inc spend its money?
Massabesic Athletic Boosters Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Massabesic Athletic Boosters Inc tax-deductible?
Massabesic Athletic Boosters Inc is registered as a tax-exempt nonprofit (EIN: 10537310). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Massabesic Athletic Boosters Inc CEO make?
Massabesic Athletic Boosters Inc's highest-compensated officer earns $100,000 annually. The organization reported $254K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Massabesic Athletic Boosters Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Massabesic Athletic Boosters Inc is above average for NTEE category N116 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Massabesic Athletic Boosters Inc located?
Massabesic Athletic Boosters Inc is headquartered in Waterboro, Maine and files with the IRS under EIN 10537310. It is classified under NTEE code N116.
How many years of IRS 990 filings does Massabesic Athletic Boosters Inc have?
Massabesic Athletic Boosters Inc has 12 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 $254K in total revenue.
Is Massabesic Athletic Boosters Inc a good charity?
Yes, Massabesic Athletic Boosters Inc appears to be a very good charity. Its consistent 0% officer compensation, strong program spending, and healthy asset base with no liabilities indicate excellent financial stewardship and a direct impact on its mission.
How does Massabesic Athletic Boosters Inc manage its expenses?
The organization manages its expenses very efficiently. For example, in 202306, expenses were $151,823 against revenues of $153,635, showing tight control. The consistent reporting of 0% officer compensation across all filings further highlights its commitment to minimizing overhead.
What is the trend in Massabesic Athletic Boosters Inc's assets?
Massabesic Athletic Boosters Inc has shown a strong upward trend in assets, growing from $123,130 in 201406 to $304,589 in 202306, indicating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Massabesic Athletic Boosters Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Massabesic Athletic Boosters Inc's revenue has grown by 43.9%, moving from $107K to $154K. Total assets increased by 111.7% over the same period, from $144K to $305K. Total functional expenses rose by 96.9%, from $77K to $152K. In its most recent filing year (2023), Massabesic Athletic Boosters Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $152K | $305K | $0 | — | View 990 |
| 2022 | $119K | $96K | $303K | $0 | — | View 990 |
| 2021 | $24K | $40K | $280K | $0 | — | — |
| 2020 | $182K | $170K | $297K | $0 | — | View 990 |
| 2019 | $200K | $166K | $285K | $0 | — | View 990 |
| 2018 | $231K | $178K | $250K | $0 | — | View 990 |
| 2017 | $208K | $149K | $197K | $0 | — | View 990 |
| 2016 | $114K | $101K | $138K | $0 | — | View 990 |
| 2015 | $95K | $93K | $125K | $0 | — | View 990 |
| 2014 | $120K | $121K | $123K | $0 | — | View 990 |
| 2013 | $113K | $133K | $124K | $0 | — | View 990 |
| 2012 | $107K | $77K | $144K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $152K, and assets of $305K (revenue +29.2% year-over-year).
- 2022: Revenue of $119K, expenses of $96K, and assets of $303K (revenue +402.8% year-over-year).
- 2021: Revenue of $24K, expenses of $40K, and assets of $280K (revenue -87.0% year-over-year).
- 2020: Revenue of $182K, expenses of $170K, and assets of $297K (revenue -8.8% year-over-year).
- 2019: Revenue of $200K, expenses of $166K, and assets of $285K (revenue -13.3% year-over-year).
- 2018: Revenue of $231K, expenses of $178K, and assets of $250K (revenue +10.7% year-over-year).
- 2017: Revenue of $208K, expenses of $149K, and assets of $197K (revenue +83.1% year-over-year).
- 2016: Revenue of $114K, expenses of $101K, and assets of $138K (revenue +19.3% year-over-year).
- 2015: Revenue of $95K, expenses of $93K, and assets of $125K (revenue -20.6% year-over-year).
- 2014: Revenue of $120K, expenses of $121K, and assets of $123K (revenue +5.9% year-over-year).
- 2013: Revenue of $113K, expenses of $133K, and assets of $124K (revenue +6.1% year-over-year).
- 2012: Revenue of $107K, expenses of $77K, and assets of $144K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massabesic Athletic Boosters Inc:
Data Sources and Methodology
This transparency report for Massabesic Athletic Boosters 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.