Matagamon Lake Association Inc
Matagamon Lake Association Inc reports no financial activity in its latest filing.
EIN: 10538427 · Patten, ME · NTEE: D30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Matagamon Lake Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Matagamon Lake Association Inc
Matagamon Lake Association Inc (EIN: 10538427) is a nonprofit organization based in Patten, ME, classified under NTEE code D30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Matagamon Lake Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
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 Matagamon Lake Association Inc with a Mission Score of 50 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: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Matagamon Lake Association Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation was reported, which is consistent with an organization reporting $0 in revenue and assets, suggesting a volunteer-led structure.
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 Matagamon Lake Association Inc's IRS 990 filings:
- Zero revenue and assets reported, indicating potential inactivity or extremely limited operations not requiring significant financial transactions.
- Lack of financial data makes it impossible to assess financial health or operational efficiency.
Strengths
The following positive indicators were identified for Matagamon Lake Association Inc:
- Compliance with IRS filing requirements despite minimal financial activity.
- No reported executive compensation, suggesting a volunteer-driven model.
Frequently Asked Questions about Matagamon Lake Association Inc
Is Matagamon Lake Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Matagamon Lake Association Inc (EIN: 10538427) some concerns. Mission Score: 50/100. 2 red flags identified, 2 strengths noted.
How does Matagamon Lake Association Inc spend its money?
Detailed spending breakdown data is not yet available for Matagamon Lake Association Inc. Check back for updated IRS 990 analysis.
Are donations to Matagamon Lake Association Inc tax-deductible?
Matagamon Lake Association Inc is registered as a tax-exempt nonprofit (EIN: 10538427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Matagamon Lake Association Inc CEO make?
Matagamon Lake Association Inc's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Matagamon Lake Association Inc compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Matagamon Lake Association Inc is near average for NTEE category D30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Matagamon Lake Association Inc located?
Matagamon Lake Association Inc is headquartered in Patten, Maine and files with the IRS under EIN 10538427. It is classified under NTEE code D30.
Is Matagamon Lake Association Inc a good charity?
Based solely on the latest IRS 990 data, it's impossible to determine if Matagamon Lake Association Inc is a 'good charity' as it reports no financial activity. Its effectiveness would depend on its non-financial activities and volunteer efforts, which are not captured in this filing.
How does Matagamon Lake Association Inc spend its money?
According to its latest IRS 990, Matagamon Lake Association Inc reported $0 in revenue and $0 in expenses, meaning there is no financial spending to analyze.
Data Sources and Methodology
This transparency report for Matagamon Lake Association 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.