Municipal Review Committee Inc
Municipal Review Committee Inc. reports a financial surplus in its latest filing after two years of deficits, with no officer compensation.
EIN: 10468832 · Orono, ME · NTEE: C022 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $717K |
| Total Expenses | $519K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000 |
| Net Assets | $209K |
| Transparency Score | 85/100 |
Is Municipal Review Committee Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Municipal Review Committee Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Municipal Review Committee Inc
Municipal Review Committee Inc (EIN: 10468832) is a nonprofit organization based in Orono, ME, classified under NTEE code C022. The organization reported total revenue of $717K and total assets of $279K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Municipal Review Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Municipal Review Committee Inc is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $644K |
| Total Expenses | $519K |
| Surplus / Deficit | +$125K |
| Total Assets | $307K |
| Total Liabilities | $98K |
| Net Assets | $209K |
| Operating Margin | 19.5% |
| Debt-to-Asset Ratio | 32.0% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Municipal Review Committee Inc reported a surplus of $125K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 32.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Municipal Review Committee Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | -18.5% | +171.6% |
| 2022 | +4.2% | -12.1% | -35.2% |
| 2021 | -14.1% | +25.8% | -53.7% |
| 2020 | +64.0% | -11.0% | +272.4% |
| 2019 | -6.0% | +8.6% | -76.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Municipal Review Committee Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Municipal Review Committee 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 $125K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with revenues often exceeding $500,000 and suggests a strong volunteer leadership model or that compensation is covered by other entities.
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 Municipal Review Committee Inc's IRS 990 filings:
- Inconsistent financial surpluses, with deficits in 2 of the last 3 periods (202112, 202212)
- Significant fluctuations in asset levels over the past decade, indicating potential instability in reserves.
Strengths
The following positive indicators were identified for Municipal Review Committee Inc:
- Consistent reporting of 0% officer compensation, demonstrating a strong commitment to directing funds to mission.
- Regular and consistent IRS 990 filing history (13 filings), indicating good transparency practices.
- Achieved a financial surplus in the latest reporting period (202312), with revenues exceeding expenses by over $125,000.
Frequently Asked Questions about Municipal Review Committee Inc
Is Municipal Review Committee Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Municipal Review Committee Inc (EIN: 10468832) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Municipal Review Committee Inc spend its money?
Municipal Review Committee Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Municipal Review Committee Inc tax-deductible?
Municipal Review Committee Inc is registered as a tax-exempt nonprofit (EIN: 10468832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Municipal Review Committee Inc CEO make?
Municipal Review Committee Inc's highest-compensated officer earns $500,000 annually. The organization reported $717K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Municipal Review Committee Inc's spending goes to programs?
Municipal Review Committee Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Municipal Review Committee Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Municipal Review Committee Inc is above average for NTEE category C022 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Municipal Review Committee Inc located?
Municipal Review Committee Inc is headquartered in Orono, Maine and files with the IRS under EIN 10468832. It is classified under NTEE code C022.
How many years of IRS 990 filings does Municipal Review Committee Inc have?
Municipal Review Committee Inc 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 $717K in total revenue.
Is Municipal Review Committee Inc. financially stable?
The organization's financial stability has fluctuated. While the latest filing (202312) shows a surplus ($644,165 revenue vs. $518,762 expenses), it experienced deficits in the two prior periods (202212 and 202112). Long-term stability would benefit from consistent surpluses and asset growth.
How does Municipal Review Committee Inc. manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers. This is a significant positive for transparency and resource allocation.
What is the trend in the organization's assets?
Assets have varied significantly over time, from a high of $992,574 in 201612 to a low of $101,203 in 201912. The latest reported assets are $307,107 (202312), showing some recovery from recent lows but not a consistent upward trend.
Filing History
IRS 990 filing history for Municipal Review Committee Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Municipal Review Committee Inc's revenue has grown by 65.6%, moving from $389K to $644K. Total assets increased by 114.1% over the same period, from $143K to $307K. Total functional expenses rose by 25.1%, from $415K to $519K. In its most recent filing year (2023), Municipal Review Committee Inc reported a surplus of $125K, with revenue exceeding expenses. The organization holds $98K in liabilities against $307K in assets (debt-to-asset ratio: 32.0%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $644K | $519K | $307K | $98K | — | — |
| 2022 | $635K | $637K | $113K | $23K | — | — |
| 2021 | $610K | $724K | $175K | $83K | — | View 990 |
| 2020 | $709K | $576K | $377K | $170K | — | View 990 |
| 2019 | $433K | $647K | $101K | $28K | — | View 990 |
| 2018 | $460K | $596K | $427K | $139K | — | View 990 |
| 2017 | $848K | $812K | $717K | $293K | — | — |
| 2016 | $1.1M | $978K | $993K | $605K | — | View 990 |
| 2015 | $971K | $737K | $424K | $132K | — | View 990 |
| 2014 | $979K | $1.0M | $180K | $122K | — | View 990 |
| 2013 | $622K | $651K | $162K | $54K | — | View 990 |
| 2012 | $479K | $461K | $188K | $51K | — | View 990 |
| 2011 | $389K | $415K | $143K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $644K, expenses of $519K, and assets of $307K (revenue +1.4% year-over-year).
- 2022: Revenue of $635K, expenses of $637K, and assets of $113K (revenue +4.2% year-over-year).
- 2021: Revenue of $610K, expenses of $724K, and assets of $175K (revenue -14.1% year-over-year).
- 2020: Revenue of $709K, expenses of $576K, and assets of $377K (revenue +64.0% year-over-year).
- 2019: Revenue of $433K, expenses of $647K, and assets of $101K (revenue -6.0% year-over-year).
- 2018: Revenue of $460K, expenses of $596K, and assets of $427K (revenue -45.7% year-over-year).
- 2017: Revenue of $848K, expenses of $812K, and assets of $717K (revenue -22.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $978K, and assets of $993K (revenue +13.3% year-over-year).
- 2015: Revenue of $971K, expenses of $737K, and assets of $424K (revenue -0.8% year-over-year).
- 2014: Revenue of $979K, expenses of $1.0M, and assets of $180K (revenue +57.4% year-over-year).
- 2013: Revenue of $622K, expenses of $651K, and assets of $162K (revenue +29.7% year-over-year).
- 2012: Revenue of $479K, expenses of $461K, and assets of $188K (revenue +23.2% year-over-year).
- 2011: Revenue of $389K, expenses of $415K, and assets of $143K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Municipal Review Committee Inc:
Data Sources and Methodology
This transparency report for Municipal Review Committee 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.