Northern Maine Independent System Administration Inc
Northern Maine Independent System Administration Inc consistently balances its budget with no reported officer compensation.
EIN: 10527319 · Bangor, ME · NTEE: W80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $935K |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $0 |
| Transparency Score | 85/100 |
Is Northern Maine Independent System Administration Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northern Maine Independent System Administration Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northern Maine Independent System Administration Inc
Northern Maine Independent System Administration Inc (EIN: 10527319) is a nonprofit organization based in Bangor, ME, classified under NTEE code W80. The organization reported total revenue of $935K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Maine Independent System Administration Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Maine Independent System Administration Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$0 |
| Total Assets | $1.9M |
| Total Liabilities | $1.9M |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 21.0 months |
Financial Health Grade: B
In 2023, Northern Maine Independent System Administration Inc reported a surplus of $0 with revenue exceeding expenses, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northern Maine Independent System Administration Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.5% | -5.5% | -22.0% |
| 2022 | +0.0% | +0.0% | +83.4% |
| 2021 | +13.1% | +13.1% | +6.0% |
| 2020 | +11.4% | +11.4% | -2.9% |
| 2019 | +6.0% | +6.0% | -13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Northern Maine Independent System Administration 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Northern Maine Independent System Administration Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with annual revenues consistently around $1 million.
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 Northern Maine Independent System Administration Inc's IRS 990 filings:
- Assets consistently equal liabilities across all filings, which is an unusual financial structure for a nonprofit and may obscure true financial health or equity.
Strengths
The following positive indicators were identified for Northern Maine Independent System Administration Inc:
- Consistent balanced budget, with revenues matching expenses annually (e.g., $1,059,798 revenue and expenses in 2023).
- 0% officer compensation reported across all filings, indicating highly efficient use of funds and potentially volunteer leadership.
- Stable revenue stream, consistently around $1 million annually over the past decade.
- Strong program focus implied by the lack of significant administrative or fundraising overhead in officer compensation.
Frequently Asked Questions about Northern Maine Independent System Administration Inc
Is Northern Maine Independent System Administration Inc a legitimate charity?
Northern Maine Independent System Administration Inc (EIN: 10527319) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $935K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Northern Maine Independent System Administration Inc spend its money?
Northern Maine Independent System Administration Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Northern Maine Independent System Administration Inc tax-deductible?
Northern Maine Independent System Administration Inc is registered as a tax-exempt nonprofit (EIN: 10527319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Northern Maine Independent System Administration Inc CEO make?
Northern Maine Independent System Administration Inc's highest-compensated officer earns $1 annually. The organization reported $935K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Northern Maine Independent System Administration Inc's spending goes to programs?
Northern Maine Independent System Administration Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northern Maine Independent System Administration Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Northern Maine Independent System Administration Inc is above average for NTEE category W80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northern Maine Independent System Administration Inc located?
Northern Maine Independent System Administration Inc is headquartered in Bangor, Maine and files with the IRS under EIN 10527319. It is classified under NTEE code W80.
How many years of IRS 990 filings does Northern Maine Independent System Administration Inc have?
Northern Maine Independent System Administration 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 $935K in total revenue.
Is Northern Maine Independent System Administration Inc a good charity?
Based on the available IRS 990 data, the organization appears to be a financially responsible entity with a strong commitment to program spending, evidenced by its balanced budget and 0% officer compensation. However, the consistent reporting of assets equaling liabilities across all filings raises questions about its true financial structure and equity.
Why do assets always equal liabilities in their filings?
The consistent reporting of assets equaling liabilities (e.g., $1,856,072 in both for 2023) is unusual for a typical nonprofit and could indicate a specific accounting method, such as operating primarily with restricted funds or acting as a fiscal agent, where funds are passed through rather than accumulated as net assets. It warrants further inquiry into their financial statements beyond the summary 990 data.
How does their spending efficiency compare to similar organizations?
With 0% officer compensation and a balanced budget, Northern Maine Independent System Administration Inc demonstrates exceptional efficiency in its administrative and leadership costs. This is significantly better than many organizations of similar size, which often allocate a portion of their budget to executive salaries.
Filing History
IRS 990 filing history for Northern Maine Independent System Administration Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northern Maine Independent System Administration Inc's revenue has grown by 12.9%, moving from $938K to $1.1M. Total assets increased by 162.8% over the same period, from $706K to $1.9M. Total functional expenses rose by 12.9%, from $938K to $1.1M. In its most recent filing year (2023), Northern Maine Independent System Administration Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $1.9M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $1.9M | $1.9M | — | — |
| 2022 | $1.1M | $1.1M | $2.4M | $2.4M | — | View 990 |
| 2021 | $1.1M | $1.1M | $1.3M | $1.3M | — | View 990 |
| 2020 | $991K | $991K | $1.2M | $1.2M | — | — |
| 2019 | $890K | $890K | $1.3M | $1.3M | — | View 990 |
| 2018 | $840K | $840K | $1.5M | $1.5M | — | View 990 |
| 2017 | $995K | $995K | $1.9M | $1.9M | — | View 990 |
| 2016 | $994K | $994K | $1.4M | $1.4M | — | View 990 |
| 2015 | $983K | $983K | $1.2M | $1.2M | — | View 990 |
| 2014 | $1.0M | $1.0M | $1.1M | $1.1M | — | View 990 |
| 2013 | $1.3M | $1.3M | $1.2M | $1.2M | — | View 990 |
| 2012 | $1.1M | $1.1M | $937K | $937K | — | View 990 |
| 2011 | $938K | $938K | $706K | $706K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $1.9M (revenue -5.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $2.4M (revenue +0.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue +13.1% year-over-year).
- 2020: Revenue of $991K, expenses of $991K, and assets of $1.2M (revenue +11.4% year-over-year).
- 2019: Revenue of $890K, expenses of $890K, and assets of $1.3M (revenue +6.0% year-over-year).
- 2018: Revenue of $840K, expenses of $840K, and assets of $1.5M (revenue -15.7% year-over-year).
- 2017: Revenue of $995K, expenses of $995K, and assets of $1.9M (revenue +0.1% year-over-year).
- 2016: Revenue of $994K, expenses of $994K, and assets of $1.4M (revenue +1.2% year-over-year).
- 2015: Revenue of $983K, expenses of $983K, and assets of $1.2M (revenue -4.6% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $1.1M (revenue -18.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $1.2M (revenue +14.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $937K (revenue +17.8% year-over-year).
- 2011: Revenue of $938K, expenses of $938K, and assets of $706K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Maine Independent System Administration Inc:
Data Sources and Methodology
This transparency report for Northern Maine Independent System Administration 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.