Multiple Alternative Association Of Central Aroostook County Inc
Multiple Alternative Association maintains stable finances with low liabilities and no officer compensation.
EIN: 10284280 · Caribou, ME · NTEE: B28Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $153K |
| Total Expenses | $131K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $152,834 |
| Net Assets | $359K |
| Transparency Score | 88/100 |
Is Multiple Alternative Association Of Central Aroostook County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Multiple Alternative Association Of Central Aroostook County Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Multiple Alternative Association Of Central Aroostook County Inc
Multiple Alternative Association Of Central Aroostook County Inc (EIN: 10284280) is a nonprofit organization based in Caribou, ME, classified under NTEE code B28Z. The organization reported total revenue of $153K and total assets of $377K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Multiple Alternative Association Of Central Aroostook County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Multiple Alternative Association Of Central Aroostook County Inc is a small nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $131K |
| Surplus / Deficit | $-581 |
| Total Assets | $364K |
| Total Liabilities | $5K |
| Net Assets | $359K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 33.3 months |
Financial Health Grade: B
In 2023, Multiple Alternative Association Of Central Aroostook County Inc reported a deficit of $581 with expenses exceeding revenue, holds 33.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Multiple Alternative Association Of Central Aroostook County Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | -6.9% | -0.1% |
| 2022 | +9.9% | +17.0% | -1.2% |
| 2021 | +2.1% | -6.9% | +1.7% |
| 2020 | -37.2% | -15.1% | -3.1% |
| 2019 | +5.8% | +8.1% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
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 Multiple Alternative Association Of Central Aroostook County Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Multiple Alternative Association Of Central Aroostook County Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $581, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization is likely volunteer-led or has a very lean, non-compensated executive structure, which is highly efficient for an organization of its size (latest revenue $152,834).
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 Multiple Alternative Association Of Central Aroostook County Inc's IRS 990 filings:
- Slight operational deficits in some years (e.g., 202306: Expenses $131,054 > Revenue $130,473; 202206: Expenses $140,800 > Revenue $135,273), though these are minor.
Strengths
The following positive indicators were identified for Multiple Alternative Association Of Central Aroostook County Inc:
- Consistent 0% officer compensation across all filings, indicating highly efficient use of funds.
- Very low liabilities relative to assets (e.g., 202306: Liabilities $5,051 vs. Assets $363,747), demonstrating strong financial health.
- Stable asset growth over the decade, from $269,896 in 2014 to $363,747 in 2023.
- Consistent IRS 990 filing history (12 filings), indicating strong transparency and compliance.
Frequently Asked Questions about Multiple Alternative Association Of Central Aroostook County Inc
Is Multiple Alternative Association Of Central Aroostook County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Multiple Alternative Association Of Central Aroostook County Inc (EIN: 10284280) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Multiple Alternative Association Of Central Aroostook County Inc spend its money?
Multiple Alternative Association Of Central Aroostook County Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Multiple Alternative Association Of Central Aroostook County Inc tax-deductible?
Multiple Alternative Association Of Central Aroostook County Inc is registered as a tax-exempt nonprofit (EIN: 10284280). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Multiple Alternative Association Of Central Aroostook County Inc CEO make?
Multiple Alternative Association Of Central Aroostook County Inc's highest-compensated officer earns $152,834 annually. The organization reported $153K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Multiple Alternative Association Of Central Aroostook County Inc's spending goes to programs?
Multiple Alternative Association Of Central Aroostook County Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Multiple Alternative Association Of Central Aroostook County Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Multiple Alternative Association Of Central Aroostook County Inc is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Multiple Alternative Association Of Central Aroostook County Inc located?
Multiple Alternative Association Of Central Aroostook County Inc is headquartered in Caribou, Maine and files with the IRS under EIN 10284280. It is classified under NTEE code B28Z.
How many years of IRS 990 filings does Multiple Alternative Association Of Central Aroostook County Inc have?
Multiple Alternative Association Of Central Aroostook County 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 $153K in total revenue.
Is Multiple Alternative Association Of Central Aroostook County Inc a good charity?
Based on its financial data, the organization appears to be a good charity. It consistently operates with low liabilities, maintains a healthy asset base, and reports 0% officer compensation, suggesting efficient use of funds and strong financial stewardship.
How has the organization's revenue trended over the last decade?
The organization's revenue has fluctuated but generally remained stable, ranging from a high of $225,298 in 2014 to a low of $120,601 in 2020, with the latest reported revenue at $130,473 in 2023. There isn't a clear upward or downward trend, but rather consistent operation within a certain range.
What is the organization's asset-to-liability ratio?
The organization maintains a very strong asset-to-liability ratio. For example, in 2023, assets were $363,747 and liabilities were $5,051, resulting in a ratio of approximately 72:1. This indicates excellent financial stability and minimal debt.
Filing History
IRS 990 filing history for Multiple Alternative Association Of Central Aroostook County Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Multiple Alternative Association Of Central Aroostook County Inc's revenue has declined by 50.7%, moving from $264K to $130K. Total assets increased by 21% over the same period, from $301K to $364K. Total functional expenses fell by 44%, from $234K to $131K. In its most recent filing year (2023), Multiple Alternative Association Of Central Aroostook County Inc reported a deficit of $581, with expenses exceeding revenue. The organization holds $5K in liabilities against $364K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $359K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $130K | $131K | $364K | $5K | — | View 990 |
| 2022 | $135K | $141K | $364K | $5K | — | View 990 |
| 2021 | $123K | $120K | $369K | $4K | — | View 990 |
| 2020 | $121K | $129K | $362K | $314 | — | View 990 |
| 2019 | $192K | $152K | $374K | $3K | — | View 990 |
| 2018 | $182K | $141K | $334K | $3K | — | View 990 |
| 2017 | $189K | $162K | $294K | $4K | — | View 990 |
| 2016 | $185K | $177K | $268K | $6K | — | View 990 |
| 2015 | $202K | $193K | $259K | $5K | — | View 990 |
| 2014 | $225K | $274K | $270K | $24K | — | View 990 |
| 2013 | $232K | $226K | $311K | $16K | — | View 990 |
| 2012 | $264K | $234K | $301K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $130K, expenses of $131K, and assets of $364K (revenue -3.5% year-over-year).
- 2022: Revenue of $135K, expenses of $141K, and assets of $364K (revenue +9.9% year-over-year).
- 2021: Revenue of $123K, expenses of $120K, and assets of $369K (revenue +2.1% year-over-year).
- 2020: Revenue of $121K, expenses of $129K, and assets of $362K (revenue -37.2% year-over-year).
- 2019: Revenue of $192K, expenses of $152K, and assets of $374K (revenue +5.8% year-over-year).
- 2018: Revenue of $182K, expenses of $141K, and assets of $334K (revenue -4.2% year-over-year).
- 2017: Revenue of $189K, expenses of $162K, and assets of $294K (revenue +2.5% year-over-year).
- 2016: Revenue of $185K, expenses of $177K, and assets of $268K (revenue -8.5% year-over-year).
- 2015: Revenue of $202K, expenses of $193K, and assets of $259K (revenue -10.4% year-over-year).
- 2014: Revenue of $225K, expenses of $274K, and assets of $270K (revenue -2.8% year-over-year).
- 2013: Revenue of $232K, expenses of $226K, and assets of $311K (revenue -12.3% year-over-year).
- 2012: Revenue of $264K, expenses of $234K, and assets of $301K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Multiple Alternative Association Of Central Aroostook County Inc:
Data Sources and Methodology
This transparency report for Multiple Alternative Association Of Central Aroostook County 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.