Patrons Of Husbandry Maine State Grange

Is Patrons Of Husbandry Maine State Grange Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Patrons Of Husbandry Maine State Grange directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Patrons Of Husbandry Maine State Grange

Patrons Of Husbandry Maine State Grange (EIN: 16022320) is a nonprofit organization based in Augusta, ME, classified under NTEE code K20C. The organization reported total revenue of $276K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patrons Of Husbandry Maine State Grange's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Patrons Of Husbandry Maine State Grange 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, Patrons Of Husbandry Maine State Grange 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or that compensation falls below reporting thresholds, which is highly favorable for 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 Patrons Of Husbandry Maine State Grange:

• Strong and consistent asset growth, from $1.58M in 2014 to $2.41M currently.
• Very low liabilities, consistently under $2,000 in most periods, indicating financial stability.
• No reported officer compensation across all filings, suggesting efficient use of funds and volunteer leadership.
• Expenses are well-managed relative to revenue, leading to consistent surpluses and asset accumulation.
• Positive revenue trend in recent years, with $252,265 in 2023 and $275,515 in the latest period.

Frequently Asked Questions about Patrons Of Husbandry Maine State Grange

Filing History

IRS 990 filing history for Patrons Of Husbandry Maine State Grange showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Patrons Of Husbandry Maine State Grange's revenue has grown by 121.7%, moving from $114K to $252K. Total assets increased by 29.3% over the same period, from $1.8M to $2.3M. Total functional expenses fell by 35.6%, from $168K to $109K. In its most recent filing year (2023), Patrons Of Husbandry Maine State Grange reported a surplus of $144K, with revenue exceeding expenses. The organization holds $2K in liabilities against $2.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $252K, expenses of $109K, and assets of $2.3M (revenue -2.4% year-over-year).
• 2022: Revenue of $258K, expenses of $126K, and assets of $2.1M (revenue +166.0% year-over-year).
• 2021: Revenue of $97K, expenses of $130K, and assets of $1.9M (revenue -70.4% year-over-year).
• 2020: Revenue of $329K, expenses of $133K, and assets of $1.9M (revenue +320.4% year-over-year).
• 2019: Revenue of $78K, expenses of $174K, and assets of $1.7M (revenue -3.5% year-over-year).
• 2018: Revenue of $81K, expenses of $132K, and assets of $1.8M (revenue -9.9% year-over-year).
• 2017: Revenue of $90K, expenses of $142K, and assets of $1.7M (revenue +2.3% year-over-year).
• 2016: Revenue of $88K, expenses of $132K, and assets of $1.7M (revenue -8.2% year-over-year).
• 2015: Revenue of $96K, expenses of $183K, and assets of $1.6M (revenue -18.3% year-over-year).
• 2014: Revenue of $117K, expenses of $238K, and assets of $1.6M (revenue +19.9% year-over-year).
• 2013: Revenue of $98K, expenses of $165K, and assets of $1.7M (revenue -12.2% year-over-year).
• 2012: Revenue of $111K, expenses of $167K, and assets of $1.7M (revenue -2.2% year-over-year).
• 2011: Revenue of $114K, expenses of $168K, and assets of $1.8M.

Data Sources and Methodology

This transparency report for Patrons Of Husbandry Maine State Grange 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.