Middle River Reach Training Center

Middle River Reach Training Center's revenue plummeted to $24 in 2020, facing significant financial distress.

EIN: 10536553 · Machias, ME · NTEE: B99 · Updated: 2026-03-28

$24Revenue
$39KAssets
35/100Mission Score (Poor)
B99
Middle River Reach Training Center Financial Summary
MetricValue
Total Revenue$24
Total Expenses$24K
Program Spending80%
CEO/Top Officer Pay$50,000
Net Assets$39K
Transparency Score35/100

Search Intent Cockpit

Middle River Reach Training Center Form 990, Revenue, CEO Pay, and IRS Filing Signals

Middle River Reach Training Center 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 Middle River Reach Training Center in one place.

Form 990 Filing Summary

9 filing years are available, with latest revenue of $24 and expenses of $24K.

Revenue and Expenses

Middle River Reach Training Center reported $24 in revenue and $24K in expenses, a deficit of $24K.

Executive Compensation

Top officer compensation appears as $50,000 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

35/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.

Is Middle River Reach Training Center Legit?

Significant Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 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
9Stored 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

Middle River Reach Training Center Expense Deployment
Program services$19K (80%)

Across stored filings, Middle River Reach Training Center shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Middle River Reach Training Center Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 4 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B9 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Education context

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Middle River Reach Training Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Middle River Reach Training Center

Middle River Reach Training Center (EIN: 10536553) is a nonprofit organization based in Machias, ME, classified under NTEE code B99. The organization reported total revenue of $24 and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Middle River Reach Training Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

24Years Operating
MicroSize Classification
9Years of Filings
MixedRevenue Trajectory

Middle River Reach Training Center is a micro nonprofit that has been operating for 24 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -62.3%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$24
Total Expenses$24K
Surplus / Deficit$-24,251
Total Assets$39K
Net Assets$39K
Operating Margin-101045.8%
Months of Reserves19.4 months

Financial Health Grade: B

In 2020, Middle River Reach Training Center reported a deficit of $24K with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position).

Financial Trends

Over 9 years of filings (2012–2020), Middle River Reach Training Center's revenue has declined at a compound annual growth rate (CAGR) of -62.3%.

YearRevenue ChangeExpense ChangeAsset Change
2020-100.0%-60.0%-38.6%
2019-6.8%-0.7%-9.3%
2018+10.0%+17.3%-3.2%
2017-11.3%-2.0%+1.8%
2016+0.9%-9.8%+8.4%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2002

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

AI Transparency Report

Middle River Reach Training Center appears to be in a precarious financial position, as evidenced by its latest filing (Period 202006) showing a drastic drop in revenue to just $24, while expenses remained substantial at $24,275. This resulted in a significant net loss for the period. This trend is concerning, especially when compared to previous years where revenue consistently hovered around $50,000-$60,000. The organization's assets have also declined from a high of $72,828 in 2017 to $39,268 in 2020, indicating a depletion of reserves. While the organization has historically maintained low liabilities and reported 0% officer compensation across all filings, which speaks to a degree of financial prudence in those areas, the sudden and severe decline in revenue raises serious questions about its operational viability and future sustainability. Without more detailed expense breakdowns, it's difficult to assess spending efficiency beyond the overall deficit. The lack of officer compensation is a positive for transparency regarding executive pay. Overall, the financial health of Middle River Reach Training Center has deteriorated significantly in its most recent reporting period. The organization needs to address its revenue generation challenges to ensure its long-term survival and ability to fulfill its mission. The consistent reporting of 0% officer compensation is a positive transparency indicator, but it is overshadowed by the severe financial downturn.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Middle River Reach Training Center with a Mission Score of 35 out of 100 (Poor). 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, Middle River Reach Training Center 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 (2020)

From the most recent IRS 990 filing on record:

$24Total Revenue
$24KTotal Expenses
$39KTotal Assets
$39KNet Assets
  • The organization reported a deficit of $24K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly unusual for an organization with historical expenses in the $50,000-$60,000 range.

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 Middle River Reach Training Center's IRS 990 filings:

  • Catastrophic revenue decline to $24 in 2020, down from over $50,000 in prior years.
  • Significant net loss of over $24,000 in the latest reporting period (202006).
  • Assets have decreased by over 40% from $63,904 in 2019 to $39,268 in 2020.
  • Sustainability is highly questionable given the current financial trajectory.

Strengths

The following positive indicators were identified for Middle River Reach Training Center:

  • Historically low liabilities, consistently under $1,500.
  • Consistent reporting of 0% officer compensation across all filings.

Frequently Asked Questions about Middle River Reach Training Center

Is Middle River Reach Training Center a legitimate charity?

Middle River Reach Training Center (EIN: 10536553) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 35/100. It has 9 years of IRS 990 filings on record. Total revenue: $24. 4 red flags identified. 2 strengths noted. Financial health grade: B.

How does Middle River Reach Training Center spend its money?

Middle River Reach Training Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Middle River Reach Training Center tax-deductible?

Middle River Reach Training Center is registered as a tax-exempt nonprofit (EIN: 10536553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Middle River Reach Training Center CEO make?

Middle River Reach Training Center's highest-compensated officer earns $50,000 annually. The organization reported $24 in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Middle River Reach Training Center's spending goes to programs?

Middle River Reach Training Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Middle River Reach Training Center compare to similar nonprofits?

With a transparency score of 35/100 (Poor), Middle River Reach Training Center is below average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Middle River Reach Training Center located?

Middle River Reach Training Center is headquartered in Machias, Maine and files with the IRS under EIN 10536553. It is classified under NTEE code B99.

How many years of IRS 990 filings does Middle River Reach Training Center have?

Middle River Reach Training Center has 9 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 $24 in total revenue.

What caused the dramatic drop in revenue from $54,456 in 2019 to $24 in 2020?

The IRS 990 data does not provide specific reasons for the revenue decline, but it is the most critical financial event in the organization's recent history.

How is Middle River Reach Training Center covering its expenses with such minimal revenue?

In 2020, the organization covered its $24,275 expenses with only $24 in revenue, indicating it drew heavily from its assets, which decreased from $63,904 in 2019 to $39,268 in 2020.

Is the organization still operational given its current financial state?

The severe revenue drop and asset depletion in the latest filing suggest significant operational challenges, potentially indicating a scaling back or cessation of activities, though the filings alone cannot confirm this.

Filing History

IRS 990 filing history for Middle River Reach Training Center showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2020), Middle River Reach Training Center's revenue has declined by 100%, moving from $58K to $24. Total assets decreased by 42.6% over the same period, from $68K to $39K. Total functional expenses fell by 58%, from $58K to $24K. In its most recent filing year (2020), Middle River Reach Training Center reported a deficit of $24K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $24 $24K $39K $0
2019 $54K $61K $64K $385 View 990
2018 $58K $61K $70K $733
2017 $53K $52K $73K $401 View 990
2016 $60K $53K $72K $150 View 990
2015 $59K $59K $66K $1K View 990
2014 $59K $57K $65K $498 View 990
2013 $52K $59K $62K $325 View 990
2012 $58K $58K $68K $91 View 990

Year-by-Year Financial Summary

  • 2020: Revenue of $24, expenses of $24K, and assets of $39K (revenue -100.0% year-over-year).
  • 2019: Revenue of $54K, expenses of $61K, and assets of $64K (revenue -6.8% year-over-year).
  • 2018: Revenue of $58K, expenses of $61K, and assets of $70K (revenue +10.0% year-over-year).
  • 2017: Revenue of $53K, expenses of $52K, and assets of $73K (revenue -11.3% year-over-year).
  • 2016: Revenue of $60K, expenses of $53K, and assets of $72K (revenue +0.9% year-over-year).
  • 2015: Revenue of $59K, expenses of $59K, and assets of $66K (revenue +0.9% year-over-year).
  • 2014: Revenue of $59K, expenses of $57K, and assets of $65K (revenue +12.1% year-over-year).
  • 2013: Revenue of $52K, expenses of $59K, and assets of $62K (revenue -10.0% year-over-year).
  • 2012: Revenue of $58K, expenses of $58K, and assets of $68K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Middle River Reach Training Center:

2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Middle River Reach Training Center 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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