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
Is Middle River Reach Training Center Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
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.
AI Transparency Report
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.
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?
Based on AI analysis of IRS 990 filings, Middle River Reach Training Center (EIN: 10536553) significant concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
How does Middle River Reach Training Center spend its money?
Middle River Reach Training Center directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
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.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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.
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.