Mid State Foundation

Mid State Foundation maintains stable, debt-free operations with consistent, modest revenue and no reported officer compensation.

EIN: 10477123 · Winslow, ME · Updated: 2026-03-28

$0Revenue

$0Assets

75/100Mission Score (Good)

Is Mid State Foundation Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mid State Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mid State Foundation

Mid State Foundation (EIN: 10477123) is a nonprofit organization based in Winslow, ME. 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 Mid State Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mid State Foundation appears to be a small, community-focused organization based on its consistent, albeit modest, revenue and asset levels over the past several years. For example, in 2018, the organization reported revenue of $47,633 and assets of $33,198. The organization has consistently maintained a healthy financial position with zero reported liabilities across all available filings, indicating strong fiscal management and no reliance on debt. While the NTEE code is unknown, the consistent operational scale suggests a stable, local presence.

The organization demonstrates good spending efficiency, with expenses generally aligning closely with revenue. In 2018, expenses were $45,239 against $47,633 in revenue, resulting in a small surplus. There were periods of deficit spending, such as in 2014 where expenses ($98,988) significantly exceeded revenue ($60,583), which led to a decrease in assets from $72,407 in 2013 to $32,829 in 2014. However, the organization has since recovered, showing surpluses in more recent years. The consistent reporting of zero officer compensation across all filings suggests that leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which can be a positive indicator of resource allocation directly to mission, assuming other compensation is not excessive.

Transparency is generally good, with consistent IRS 990 filings available for eight periods. The lack of reported officer compensation is a notable point for transparency, as it indicates either a fully volunteer board or that compensation is structured differently. The absence of liabilities is a strong positive for financial transparency and stability. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency beyond overall revenue-to-expense ratios is challenging.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mid State Foundation 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, Mid State 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, suggesting that the organization's leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the IRS 990, which is unusual for an organization with consistent 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.

Red Flags

The following concerns were identified during AI analysis of Mid State Foundation's IRS 990 filings:

NTEE code is unknown, making it difficult to understand the organization's specific purpose and impact.
Significant deficit spending in certain years (e.g., 2014 expenses of $98,988 against revenue of $60,583) led to a substantial reduction in assets.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits a precise assessment of spending efficiency.

Strengths

The following positive indicators were identified for Mid State Foundation:

Consistent filing of IRS 990 forms for eight periods, indicating good transparency.
Zero reported liabilities across all filings, demonstrating strong financial stability and no reliance on debt.
Consistent reporting of 0% officer compensation, suggesting a potential volunteer-led model or efficient use of resources.
Maintained positive assets over time, despite periods of deficit spending, showing resilience.

Frequently Asked Questions about Mid State Foundation

Is Mid State Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Mid State Foundation (EIN: 10477123) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

How does Mid State Foundation spend its money?

Mid State Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Mid State Foundation tax-deductible?

Mid State Foundation is registered as a tax-exempt nonprofit (EIN: 10477123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What is the specific mission and programs of Mid State Foundation?

The provided data does not specify the NTEE code or a detailed mission statement, making it difficult to assess the specific programs. Further investigation into their public profile or website would be necessary.

How does Mid State Foundation manage its expenses when revenue fluctuates?

The organization has experienced periods where expenses exceeded revenue, such as in 2014 ($98,988 expenses vs. $60,583 revenue), leading to a decrease in assets. However, in other years like 2018, expenses ($45,239) were less than revenue ($47,633), indicating a capacity to adjust spending or generate surpluses.

Why is officer compensation consistently reported as zero?

A consistent report of 0% officer compensation suggests that the organization may rely on volunteer leadership, or that any compensation for key personnel is categorized differently within their financial reporting, which warrants further inquiry for full transparency.

Filing History

IRS 990 filing history for Mid State Foundation showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2011–2018), Mid State Foundation's revenue has declined by 27.1%, moving from $65K to $48K. Total assets decreased by 33.7% over the same period, from $50K to $33K. Total functional expenses fell by 31.5%, from $66K to $45K. In its most recent filing year (2018), Mid State Foundation reported a surplus of $2K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2018	$48K	$45K	$33K	$0	—	View 990
2017	$55K	$47K	$31K	$0	—	View 990
2016	$51K	$51K	$23K	$0	—	View 990
2015	$54K	$64K	$22K	$0	—	View 990
2014	$61K	$99K	$33K	$0	—	View 990
2013	$81K	$69K	$72K	$0	—	View 990
2012	$67K	$58K	$60K	$0	—	View 990
2011	$65K	$66K	$50K	$0	—	View 990

Year-by-Year Financial Summary

2018: Revenue of $48K, expenses of $45K, and assets of $33K (revenue -13.5% year-over-year).
2017: Revenue of $55K, expenses of $47K, and assets of $31K (revenue +8.7% year-over-year).
2016: Revenue of $51K, expenses of $51K, and assets of $23K (revenue -5.9% year-over-year).
2015: Revenue of $54K, expenses of $64K, and assets of $22K (revenue -11.2% year-over-year).
2014: Revenue of $61K, expenses of $99K, and assets of $33K (revenue -25.1% year-over-year).
2013: Revenue of $81K, expenses of $69K, and assets of $72K (revenue +19.8% year-over-year).
2012: Revenue of $67K, expenses of $58K, and assets of $60K (revenue +3.3% year-over-year).
2011: Revenue of $65K, expenses of $66K, and assets of $50K.

Data Sources and Methodology

This transparency report for Mid State 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.