Midcoast Conservancy
Midcoast Conservancy: Strong Asset Growth, Consistent Program Spending
EIN: 222658964 · Waldoboro, ME · NTEE: C320 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.0M |
| Program Spending | 70% |
| Net Assets | $11.8M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Midcoast Conservancy Form 990, Revenue, CEO Pay, and IRS Filing Signals
Midcoast Conservancy 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 Midcoast Conservancy in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $2.8M and expenses of $2.0M.
Revenue and Expenses
Midcoast Conservancy reported $2.8M in revenue and $2.0M in expenses, a surplus of $833K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 3 strengths are shown from structured and AI review.
Is Midcoast Conservancy Legit?
Some Concerns
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
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
| Program services | $1.4M (70%) |
Across stored filings, Midcoast Conservancy shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Environment context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
All Environment
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Waldoboro, ME nonprofitsEnvironment in Maine
Environment in Maine
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Environment spending
Best Environment charities in Maine
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Some Concerns. Check deductibility, filings, and red flags.
2Understand money
70% of spending goes to programs.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
Similar Nonprofits Donors Should Compare
Crabtree Neck Land Trust
Hancock, ME · $836K revenue · Score 95/100
Compare side-by-sideAmerican Legion Post 0019 Thomas W Cole Post
Sanford, ME · $1.1M revenue · Score 85/100
Compare side-by-sideAgamenticus Yacht Club Of York
York Harbor, ME · $325K revenue · Score 85/100
Compare side-by-sideAmerican Legion
Winslow, ME · $226K revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Midcoast Conservancy directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Midcoast Conservancy
Midcoast Conservancy (EIN: 222658964) is a nonprofit organization based in Waldoboro, ME, classified under NTEE code C320. The organization reported total revenue of $2.5M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midcoast Conservancy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midcoast Conservancy is a mid-size nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 26.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$833K |
| Total Assets | $12.9M |
| Total Liabilities | $1.2M |
| Net Assets | $11.8M |
| Operating Margin | 29.5% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 78.2 months |
Financial Health Grade: A
In 2023, Midcoast Conservancy reported a surplus of $833K with revenue exceeding expenses, holds 78.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Midcoast Conservancy's revenue has grown at a compound annual growth rate (CAGR) of 26.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.7% | +35.8% | -15.3% |
| 2022 | +63.2% | +26.0% | +2.7% |
| 2021 | +22.1% | +62.1% | +4.3% |
| 2020 | -41.4% | -47.0% | +3.3% |
| 2019 | +9.6% | +35.6% | +66.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
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 Midcoast Conservancy 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Midcoast Conservancy allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $833K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no reportable compensation for key employees, which is unusual for an organization of this size and 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 Midcoast Conservancy's IRS 990 filings:
- The 'c0%' in all financial filings for executive compensation is a red flag, as it's highly improbable that an organization with revenues exceeding $2 million has no reportable executive compensation.
Strengths
The following positive indicators were identified for Midcoast Conservancy:
- Consistent growth in total assets, from $6.4 million in 2016 to over $11 million in 2023, indicates strong financial health and donor confidence.
- Revenue has shown a positive trend, with a significant increase from $850,771 in 2016 to $2,820,623 in 2023, demonstrating effective fundraising and support.
- The organization consistently allocates a substantial portion of its expenses to programs, indicating a focus on its mission.
Frequently Asked Questions about Midcoast Conservancy
Is Midcoast Conservancy a legitimate charity?
Midcoast Conservancy (EIN: 222658964) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Midcoast Conservancy spend its money?
Midcoast Conservancy directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Midcoast Conservancy tax-deductible?
Midcoast Conservancy is registered as a tax-exempt nonprofit (EIN: 222658964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Midcoast Conservancy's spending goes to programs?
Midcoast Conservancy directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Midcoast Conservancy compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Midcoast Conservancy is above average for NTEE category C320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Midcoast Conservancy located?
Midcoast Conservancy is headquartered in Waldoboro, Maine and files with the IRS under EIN 222658964. It is classified under NTEE code C320.
How many years of IRS 990 filings does Midcoast Conservancy have?
Midcoast Conservancy has 13 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 $2.5M in total revenue.
What does Midcoast Conservancy do?
Midcoast Conservancy is a nonprofit organization in the Environment sector, located in Waldoboro, Maine. It is classified under NTEE code C320.
How much revenue does Midcoast Conservancy have?
Midcoast Conservancy reported total revenue of $2,488,564. Based on 13 IRS 990 filings on record.
What are Midcoast Conservancy's total assets?
Midcoast Conservancy holds total assets of $11,008,428 as reported in IRS 990 filings.
Where is Midcoast Conservancy located?
Midcoast Conservancy is based in Waldoboro, Maine.
What is Midcoast Conservancy's EIN?
Midcoast Conservancy's Employer Identification Number (EIN) is 222658964. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Midcoast Conservancy?
Midcoast Conservancy is classified under NTEE code C320 (Environment).
Is Midcoast Conservancy a registered 501(c)(3)?
Yes, Midcoast Conservancy is recognized as a tax-exempt organization by the IRS. EIN: 222658964.
Does Midcoast Conservancy file IRS Form 990?
Yes, Midcoast Conservancy has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Midcoast Conservancy's revenue in 2023?
In the 202306 filing period, Midcoast Conservancy reported total revenue of $2,820,623, total expenses of $1,987,497, and net assets of $12,943,982.
Is Midcoast Conservancy's revenue growing or declining?
Midcoast Conservancy's revenue is growing. Revenue went from $2,280,236 (202206) to $2,820,623 (202306), a +23.7% change. Based on 13 filings on record.
What is Midcoast Conservancy's most recent 990 filing?
The most recent IRS Form 990 filing for Midcoast Conservancy covers tax period 202306. It shows revenue of $2,820,623, expenses of $1,987,497, total assets of $12,943,982, and liabilities of $1,162,782.
How much does Midcoast Conservancy spend on programs vs administration?
Based on IRS 990 analysis, Midcoast Conservancy allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Midcoast Conservancy a trustworthy charity?
Based on AI analysis of IRS 990 data, Midcoast Conservancy appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Midcoast Conservancy?
The following concerns were identified: The 'c0%' in all financial filings for executive compensation is a red flag, as it's highly improbable that an organization with revenues exceeding $2 million has no reportable executive compensation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Midcoast Conservancy's strengths?
Positive indicators for Midcoast Conservancy include: Consistent growth in total assets, from $6.4 million in 2016 to over $11 million in 2023, indicates strong financial health and donor confidence.. Revenue has shown a positive trend, with a significant increase from $850,771 in 2016 to $2,820,623 in 2023, demonstrating effective fundraising and support.. The organization consistently allocates a substantial portion of its expenses to programs, indicating a focus on its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Midcoast Conservancy compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no reportable compensation for key employees, which is unusual for an organization of this size and revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for executive compensation across all years, how does Midcoast Conservancy manage its leadership and operational oversight without reportable executive salaries?
The 'c0%' for executive compensation in the filings is highly unusual for an organization of this scale. It could indicate that key leadership roles are filled by volunteers, compensated through non-reportable means, or that the reporting method for compensation is not fully transparent in the provided data. Further investigation into their 990 forms would be necessary to understand how leadership is compensated and managed.
What factors contributed to the significant jump in total assets from $8.3 million in 2018 to $13.8 million in 2019, and then to $14.2 million in 2020?
The substantial increase in total assets between 2018 and 2019, and continued growth into 2020, suggests significant capital campaigns, large donations, or successful investment strategies. This could also indicate the acquisition of new land or property, aligning with a conservancy's mission. Without more detailed financial statements, the exact nature of these asset increases remains speculative but points to strong financial development.
Filing History
IRS 990 filing history for Midcoast Conservancy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Midcoast Conservancy's revenue has grown by 1563.8%, moving from $170K to $2.8M. Total assets increased by 320.2% over the same period, from $3.1M to $12.9M. Total functional expenses rose by 953.1%, from $189K to $2.0M. In its most recent filing year (2023), Midcoast Conservancy reported a surplus of $833K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $12.9M in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $11.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.0M | $12.9M | $1.2M | — | — |
| 2022 | $2.3M | $1.5M | $15.3M | $564K | — | View 990 |
| 2021 | $1.4M | $1.2M | $14.9M | $621K | — | — |
| 2020 | $1.1M | $716K | $14.3M | $575K | — | View 990 |
| 2019 | $2.0M | $1.4M | $13.8M | $460K | — | View 990 |
| 2018 | $1.8M | $996K | $8.3M | $457K | — | View 990 |
| 2017 | $1.7M | $925K | $8.7M | $1.5M | — | View 990 |
| 2016 | $851K | $814K | $6.5M | $49K | — | View 990 |
| 2015 | $431K | $259K | $3.4M | $56K | — | View 990 |
| 2014 | $266K | $209K | $3.2M | $24K | — | View 990 |
| 2013 | $254K | $197K | $3.2M | $31K | — | View 990 |
| 2012 | $196K | $214K | $3.1M | $41K | — | View 990 |
| 2011 | $170K | $189K | $3.1M | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.0M, and assets of $12.9M (revenue +23.7% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.5M, and assets of $15.3M (revenue +63.2% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $14.9M (revenue +22.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $716K, and assets of $14.3M (revenue -41.4% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.4M, and assets of $13.8M (revenue +9.6% year-over-year).
- 2018: Revenue of $1.8M, expenses of $996K, and assets of $8.3M (revenue +6.9% year-over-year).
- 2017: Revenue of $1.7M, expenses of $925K, and assets of $8.7M (revenue +95.8% year-over-year).
- 2016: Revenue of $851K, expenses of $814K, and assets of $6.5M (revenue +97.5% year-over-year).
- 2015: Revenue of $431K, expenses of $259K, and assets of $3.4M (revenue +61.8% year-over-year).
- 2014: Revenue of $266K, expenses of $209K, and assets of $3.2M (revenue +4.9% year-over-year).
- 2013: Revenue of $254K, expenses of $197K, and assets of $3.2M (revenue +29.7% year-over-year).
- 2012: Revenue of $196K, expenses of $214K, and assets of $3.1M (revenue +15.5% year-over-year).
- 2011: Revenue of $170K, expenses of $189K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midcoast Conservancy:
Data Sources and Methodology
This transparency report for Midcoast Conservancy 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.