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)

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Mid State Foundation Financial Summary
MetricValue
Total Expenses$45K
Program Spending80%
Net Assets$33K
Transparency Score75/100

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Mid State Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Mid State Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Mid State Foundation in one place.

Form 990 Filing Summary

8 filing years are available, with latest revenue of $48K and expenses of $45K.

Revenue and Expenses

Mid State Foundation reported $48K in revenue and $45K in expenses, a surplus of $2K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.

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 →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
8Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Mid State Foundation Expense Deployment
Program services$36K (80%)

Across stored filings, Mid State Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Mid State Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade A8 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and category context

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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.

Organization Overview

33Years Operating
MicroSize Classification
8Years of Filings
MixedRevenue Trajectory

Mid State Foundation is a micro nonprofit that has been operating for 33 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -4.4%.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

Total Revenue$48K
Total Expenses$45K
Surplus / Deficit+$2K
Total Assets$33K
Net Assets$33K
Operating Margin5.0%
Months of Reserves8.8 months

Financial Health Grade: A

In 2018, Mid State Foundation reported a surplus of $2K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position).

Financial Trends

Over 8 years of filings (2011–2018), Mid State Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.

YearRevenue ChangeExpense ChangeAsset Change
2018-13.5%-3.3%+7.8%
2017+8.7%-7.5%+36.7%
2016-5.9%-21.3%+0.4%
2015-11.2%-35.1%-31.7%
2014-25.1%+44.5%-54.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1993

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

$48KTotal Revenue
$45KTotal Expenses
$33KTotal Assets
$33KNet Assets
  • The organization reported a surplus of $2K, with revenue exceeding expenses.

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?

Mid State Foundation (EIN: 10477123) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 8 years of IRS 990 filings on record. 3 red flags identified. 4 strengths noted. Financial health grade: A.

How does Mid State Foundation spend its money?

Mid State Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

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 percentage of Mid State Foundation's spending goes to programs?

Mid State Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Mid State Foundation located?

Mid State Foundation is headquartered in Winslow, Maine and files with the IRS under EIN 10477123.

How many years of IRS 990 filings does Mid State Foundation have?

Mid State Foundation 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.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer 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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mid State Foundation:

2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

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