Raft Maine Association

Raft Maine Association reports $0 revenue and $0 assets in its latest filing, indicating minimal financial activity.

EIN: 10480632 · Vassalboro, ME · Updated: 2026-03-28

$0Revenue

$0Assets

40/100Mission Score (Fair)

Is Raft Maine Association Legit?

Significant Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

ModerateTransparency

3 FoundRed Flags

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

Raft Maine Association directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Raft Maine Association

Raft Maine Association (EIN: 10480632) is a nonprofit organization based in Vassalboro, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raft Maine Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Raft Maine Association appears to be a very small, likely volunteer-run organization, given its consistently low revenue and asset figures across its filing history. In its latest reported period (201312), the organization reported $0 in revenue and $0 in assets, with expenses of $1,036. This suggests minimal financial activity and a potential winding down or dormancy. The organization's financial health is extremely limited, operating with negligible resources.

Spending efficiency is difficult to assess with such low figures, but the organization consistently reports expenses without significant revenue to cover them in some periods (e.g., 201312 and 201112). For instance, in 201312, expenses were $1,036 against $0 revenue. In 201212, it generated $3,000 in revenue and spent $960, indicating a surplus for that year. The lack of detailed expense breakdowns in the provided data makes it impossible to determine program versus administrative spending. Transparency is moderate, as the organization has filed its 990s, but the limited financial activity provides little insight into operational specifics.

Overall, Raft Maine Association operates on a micro-scale, with financial activity that suggests either a very niche, low-cost operation or a period of inactivity. Its financial health is precarious due to minimal assets and inconsistent revenue generation. Without more detailed expense categories, a precise assessment of spending efficiency is not possible, but the overall scale indicates a very lean operation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Raft Maine Association with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 0%
programs: 100%
fundraising: 0%

According to IRS 990 filings, Raft Maine Association allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated, which is typical for very small, volunteer-led organizations.

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 Raft Maine Association's IRS 990 filings:

Consistent $0 revenue in multiple periods (201312, 201112)
Zero assets reported in the latest filing (201312)
Expenses incurred ($1,036 in 201312) without corresponding revenue in the same period

Strengths

The following positive indicators were identified for Raft Maine Association:

No executive compensation reported, indicating volunteer leadership
Low overall expenses, suggesting a lean operational model

Frequently Asked Questions about Raft Maine Association

Is Raft Maine Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Raft Maine Association (EIN: 10480632) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.

How does Raft Maine Association spend its money?

Raft Maine Association directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Raft Maine Association tax-deductible?

Raft Maine Association is registered as a tax-exempt nonprofit (EIN: 10480632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What is the current operational status of Raft Maine Association?

Given the $0 revenue and $0 assets in the latest 201312 filing, the organization appears to be inactive or operating on an extremely limited, possibly volunteer-only basis without significant financial transactions.

How does Raft Maine Association fund its operations?

In the 201312 and 201112 periods, the organization reported expenses ($1,036 and $1,312 respectively) with $0 revenue, suggesting it either drew from prior period surpluses (like the $2,040 surplus from 201212) or received unrecorded in-kind support, or the expenses were covered by previous assets.

Is Raft Maine Association financially sustainable?

With $0 revenue and $0 assets in its latest filing, the organization does not appear to be financially sustainable in its current state, relying on past surpluses or external, non-monetary support to cover minimal expenses.

Filing History

IRS 990 filing history for Raft Maine Association showing financial trends over 3 years of public records:

Total assets increased by 126.1% over the same period, from $796 to $2K. Total functional expenses fell by 21%, from $1K to $1K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2013	$0	$1K	$2K	$0	—	View 990
2012	$3K	$960	$3K	$0	—	View 990
2011	$0	$1K	$796	$0	—	View 990

Year-by-Year Financial Summary

2013: Revenue of $0, expenses of $1K, and assets of $2K (revenue -100.0% year-over-year).
2012: Revenue of $3K, expenses of $960, and assets of $3K.
2011: Revenue of $0, expenses of $1K, and assets of $796.

Data Sources and Methodology

This transparency report for Raft Maine Association 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.