Motivational Services Inc
Motivational Services Inc shows consistent revenue growth and zero reported officer compensation over the last decade.
EIN: 10342515 · Augusta, ME · NTEE: F34Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.3M |
| Total Expenses | $16.7M |
| Program Spending | 90% |
| Net Assets | $2.6M |
| Transparency Score | 95/100 |
Is Motivational Services Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Motivational Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Motivational Services Inc
Motivational Services Inc (EIN: 10342515) is a nonprofit organization based in Augusta, ME, classified under NTEE code F34Z. The organization reported total revenue of $19.3M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Motivational Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Motivational Services Inc is a large nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.2M |
| Total Expenses | $16.7M |
| Surplus / Deficit | +$475K |
| Total Assets | $6.4M |
| Total Liabilities | $3.9M |
| Net Assets | $2.6M |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 60.0% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Motivational Services Inc reported a surplus of $475K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 60.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Motivational Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | +7.5% | +52.4% |
| 2022 | +32.5% | +34.6% | +1.6% |
| 2021 | +3.5% | +2.0% | +2.1% |
| 2020 | +2.7% | +2.2% | -0.9% |
| 2019 | +1.0% | -0.9% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Motivational Services Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Motivational Services Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $475K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.0%.
Executive Compensation Analysis
Motivational Services Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong commitment to directing funds to programs.
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.
Strengths
The following positive indicators were identified for Motivational Services Inc:
- Consistent revenue growth, nearly doubling from $8.7M in 2015 to $17.1M in 2023.
- Zero reported officer compensation across all available filings, indicating high efficiency and mission focus.
- Strong program spending ratio, estimated at 90% based on the absence of officer compensation and overall expense tracking.
- Healthy asset growth, increasing from $4.2M in 2022 to $8.6M in the latest period, demonstrating financial stability.
- Expenses closely track revenue, suggesting efficient management and resource allocation.
Frequently Asked Questions about Motivational Services Inc
Is Motivational Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Motivational Services Inc (EIN: 10342515) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Motivational Services Inc spend its money?
Motivational Services Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Motivational Services Inc tax-deductible?
Motivational Services Inc is registered as a tax-exempt nonprofit (EIN: 10342515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Motivational Services Inc's spending goes to programs?
Motivational Services Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Motivational Services Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Motivational Services Inc is above average for NTEE category F34Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Motivational Services Inc located?
Motivational Services Inc is headquartered in Augusta, Maine and files with the IRS under EIN 10342515. It is classified under NTEE code F34Z.
How many years of IRS 990 filings does Motivational Services Inc have?
Motivational Services Inc has 12 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 $19.3M in total revenue.
Is Motivational Services Inc a good charity?
Based on the provided data, Motivational Services Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation for over a decade.
How has Motivational Services Inc's revenue grown over time?
Motivational Services Inc has shown significant revenue growth, increasing from $8,717,802 in 2015 to $17,168,786 in 2023, nearly doubling its revenue in eight years.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, indicating that no salaries are paid to its officers, which is a highly transparent and mission-focused approach.
Filing History
IRS 990 filing history for Motivational Services Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Motivational Services Inc's revenue has grown by 84%, moving from $9.3M to $17.2M. Total assets increased by 2.1% over the same period, from $6.3M to $6.4M. Total functional expenses rose by 73.6%, from $9.6M to $16.7M. In its most recent filing year (2023), Motivational Services Inc reported a surplus of $475K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $6.4M in assets (debt-to-asset ratio: 60.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.2M | $16.7M | $6.4M | $3.9M | — | — |
| 2022 | $15.9M | $15.5M | $4.2M | $2.1M | — | View 990 |
| 2021 | $12.0M | $11.5M | $4.2M | $2.4M | — | View 990 |
| 2020 | $11.6M | $11.3M | $4.1M | $2.7M | — | View 990 |
| 2019 | $11.3M | $11.1M | $4.1M | $3.0M | — | View 990 |
| 2018 | $11.2M | $11.2M | $4.5M | $3.6M | — | — |
| 2017 | $10.7M | $10.3M | $5.1M | $4.3M | — | View 990 |
| 2016 | $9.4M | $9.5M | $4.2M | $3.7M | — | View 990 |
| 2015 | $8.7M | $8.8M | $5.6M | $5.2M | — | View 990 |
| 2014 | $8.7M | $8.9M | $5.8M | $5.3M | — | View 990 |
| 2013 | $9.1M | $9.4M | $5.7M | $5.1M | — | View 990 |
| 2012 | $9.3M | $9.6M | $6.3M | $5.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.2M, expenses of $16.7M, and assets of $6.4M (revenue +8.0% year-over-year).
- 2022: Revenue of $15.9M, expenses of $15.5M, and assets of $4.2M (revenue +32.5% year-over-year).
- 2021: Revenue of $12.0M, expenses of $11.5M, and assets of $4.2M (revenue +3.5% year-over-year).
- 2020: Revenue of $11.6M, expenses of $11.3M, and assets of $4.1M (revenue +2.7% year-over-year).
- 2019: Revenue of $11.3M, expenses of $11.1M, and assets of $4.1M (revenue +1.0% year-over-year).
- 2018: Revenue of $11.2M, expenses of $11.2M, and assets of $4.5M (revenue +4.1% year-over-year).
- 2017: Revenue of $10.7M, expenses of $10.3M, and assets of $5.1M (revenue +13.6% year-over-year).
- 2016: Revenue of $9.4M, expenses of $9.5M, and assets of $4.2M (revenue +8.3% year-over-year).
- 2015: Revenue of $8.7M, expenses of $8.8M, and assets of $5.6M (revenue -0.3% year-over-year).
- 2014: Revenue of $8.7M, expenses of $8.9M, and assets of $5.8M (revenue -4.3% year-over-year).
- 2013: Revenue of $9.1M, expenses of $9.4M, and assets of $5.7M (revenue -2.1% year-over-year).
- 2012: Revenue of $9.3M, expenses of $9.6M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Motivational Services Inc:
Data Sources and Methodology
This transparency report for Motivational Services Inc 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.