New England Municpal Clerks Institute & Acdemy
New England Municipal Clerks Institute & Academy maintains stable finances with no executive compensation.
EIN: 10472275 · Mapleton, ME · NTEE: B60Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $95K |
| Program Spending | 85% |
| Net Assets | $108K |
| Transparency Score | 90/100 |
Is New England Municpal Clerks Institute & Acdemy Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New England Municpal Clerks Institute & Acdemy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New England Municpal Clerks Institute & Acdemy
New England Municpal Clerks Institute & Acdemy (EIN: 10472275) is a nonprofit organization based in Mapleton, ME, classified under NTEE code B60Z. The organization reported total revenue of $137K and total assets of $110K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Municpal Clerks Institute & Acdemy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Municpal Clerks Institute & Acdemy is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $95K |
| Surplus / Deficit | +$13K |
| Total Assets | $108K |
| Net Assets | $108K |
| Operating Margin | 11.7% |
| Months of Reserves | 13.6 months |
Financial Health Grade: A
In 2023, New England Municpal Clerks Institute & Acdemy reported a surplus of $13K with revenue exceeding expenses, holds 13.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New England Municpal Clerks Institute & Acdemy's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.4% | +2.7% | +14.8% |
| 2022 | +812.5% | +744.6% | -12.8% |
| 2021 | +66.8% | +183.9% | +23.4% |
| 2020 | -94.9% | -95.8% | +1.5% |
| 2019 | +27.1% | +12.9% | +13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
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 New England Municpal Clerks Institute & Acdemy with a Mission Score of 90 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, New England Municpal Clerks Institute & Acdemy 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 surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of its size.
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 New England Municpal Clerks Institute & Acdemy:
- Zero reported officer compensation across all filings, indicating high efficiency.
- Consistent financial stability with a healthy asset base (e.g., $107,870 in 202312).
- No reported liabilities, demonstrating strong financial health and no debt.
- Transparent financial reporting with a complete history of 990 filings.
- Generally operates with expenses below or close to revenue, showing prudent management.
Frequently Asked Questions about New England Municpal Clerks Institute & Acdemy
Is New England Municpal Clerks Institute & Acdemy a legitimate charity?
Based on AI analysis of IRS 990 filings, New England Municpal Clerks Institute & Acdemy (EIN: 10472275) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does New England Municpal Clerks Institute & Acdemy spend its money?
New England Municpal Clerks Institute & Acdemy directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New England Municpal Clerks Institute & Acdemy tax-deductible?
New England Municpal Clerks Institute & Acdemy is registered as a tax-exempt nonprofit (EIN: 10472275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New England Municpal Clerks Institute & Acdemy's spending goes to programs?
New England Municpal Clerks Institute & Acdemy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New England Municpal Clerks Institute & Acdemy compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New England Municpal Clerks Institute & Acdemy is above average for NTEE category B60Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New England Municpal Clerks Institute & Acdemy located?
New England Municpal Clerks Institute & Acdemy is headquartered in Mapleton, Maine and files with the IRS under EIN 10472275. It is classified under NTEE code B60Z.
How many years of IRS 990 filings does New England Municpal Clerks Institute & Acdemy have?
New England Municpal Clerks Institute & Acdemy 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 $137K in total revenue.
Is New England Municipal Clerks Institute & Academy a good charity?
Based on its financial data, the New England Municipal Clerks Institute & Academy appears to be a very good charity. It consistently operates with low overhead, zero reported officer compensation, and maintains a healthy asset base with no liabilities. Its financial stability and program focus are strong indicators of effectiveness.
How does the organization manage its expenses?
The organization generally manages its expenses effectively, often keeping them below or close to its revenue. For example, in 202312, expenses were $95,189 against revenues of $107,828. While there was a deficit in 202212, the overall trend shows prudent financial management.
What is the organization's financial stability?
The organization demonstrates strong financial stability. It consistently holds a healthy level of assets (e.g., $107,870 in 202312) and has reported zero liabilities across all available filings, indicating a very secure financial position.
Filing History
IRS 990 filing history for New England Municpal Clerks Institute & Acdemy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New England Municpal Clerks Institute & Acdemy's revenue has grown by 35.3%, moving from $80K to $108K. Total assets increased by 285.7% over the same period, from $28K to $108K. Total functional expenses rose by 25.4%, from $76K to $95K. In its most recent filing year (2023), New England Municpal Clerks Institute & Acdemy reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $95K | $108K | $0 | — | — |
| 2022 | $78K | $93K | $94K | $0 | — | View 990 |
| 2021 | $9K | $11K | $108K | $0 | — | View 990 |
| 2020 | $5K | $4K | $87K | $0 | — | View 990 |
| 2019 | $101K | $91K | $86K | $0 | — | View 990 |
| 2018 | $80K | $81K | $76K | $0 | — | View 990 |
| 2017 | $85K | $80K | $76K | $0 | — | View 990 |
| 2016 | $68K | $70K | $71K | $0 | — | View 990 |
| 2015 | $61K | $57K | $73K | $0 | — | View 990 |
| 2014 | $72K | $66K | $69K | $0 | — | View 990 |
| 2013 | $99K | $81K | $63K | $0 | — | View 990 |
| 2012 | $85K | $71K | $45K | $0 | — | View 990 |
| 2011 | $80K | $76K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $95K, and assets of $108K (revenue +37.4% year-over-year).
- 2022: Revenue of $78K, expenses of $93K, and assets of $94K (revenue +812.5% year-over-year).
- 2021: Revenue of $9K, expenses of $11K, and assets of $108K (revenue +66.8% year-over-year).
- 2020: Revenue of $5K, expenses of $4K, and assets of $87K (revenue -94.9% year-over-year).
- 2019: Revenue of $101K, expenses of $91K, and assets of $86K (revenue +27.1% year-over-year).
- 2018: Revenue of $80K, expenses of $81K, and assets of $76K (revenue -6.3% year-over-year).
- 2017: Revenue of $85K, expenses of $80K, and assets of $76K (revenue +24.8% year-over-year).
- 2016: Revenue of $68K, expenses of $70K, and assets of $71K (revenue +11.3% year-over-year).
- 2015: Revenue of $61K, expenses of $57K, and assets of $73K (revenue -15.3% year-over-year).
- 2014: Revenue of $72K, expenses of $66K, and assets of $69K (revenue -26.5% year-over-year).
- 2013: Revenue of $99K, expenses of $81K, and assets of $63K (revenue +15.8% year-over-year).
- 2012: Revenue of $85K, expenses of $71K, and assets of $45K (revenue +6.8% year-over-year).
- 2011: Revenue of $80K, expenses of $76K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Municpal Clerks Institute & Acdemy:
Data Sources and Methodology
This transparency report for New England Municpal Clerks Institute & Acdemy 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.