Scholarships For Maine Immigrants
Scholarships For Maine Immigrants shows consistent asset growth and volunteer leadership despite occasional minor operating deficits.
EIN: 10533527 · Portland, ME · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $42K |
| Program Spending | 90% |
| Net Assets | $49K |
| Transparency Score | 85/100 |
Is Scholarships For Maine Immigrants Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scholarships For Maine Immigrants directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scholarships For Maine Immigrants
Scholarships For Maine Immigrants (EIN: 10533527) is a nonprofit organization based in Portland, ME, classified under NTEE code T20. 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 Scholarships For Maine Immigrants's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scholarships For Maine Immigrants is a micro nonprofit that has been operating for 3 years, with 6 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 15.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $42K |
| Surplus / Deficit | $-2,662 |
| Total Assets | $49K |
| Net Assets | $49K |
| Operating Margin | -6.7% |
| Months of Reserves | 13.9 months |
Financial Health Grade: B
In 2020, Scholarships For Maine Immigrants reported a deficit of $3K with expenses exceeding revenue, holds 13.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2020), Scholarships For Maine Immigrants's revenue has grown at a compound annual growth rate (CAGR) of 15.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +21.1% | +56.0% | +27.8% |
| 2018 | +46.2% | +53.0% | +31.2% |
| 2014 | +116.3% | +69.3% | +18.9% |
| 2013 | -21.4% | +12.5% | -0.5% |
| 2012 | +17.0% | +0.5% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 Scholarships For Maine Immigrants 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Scholarships For Maine Immigrants allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, indicating a volunteer-led organization, which is highly efficient for an organization of this 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.
Red Flags
The following concerns were identified during AI analysis of Scholarships For Maine Immigrants's IRS 990 filings:
- Latest filing shows $0 revenue and assets, requiring clarification on current operational status.
Strengths
The following positive indicators were identified for Scholarships For Maine Immigrants:
- Consistent asset growth over time, from $20,978 in 2011 to $49,317 in 2020.
- No officer compensation reported, indicating a volunteer-driven model and efficient use of funds.
- Low liabilities across all reported periods, indicating strong financial management.
- Demonstrated ability to operate and grow for over a decade.
Frequently Asked Questions about Scholarships For Maine Immigrants
Is Scholarships For Maine Immigrants a legitimate charity?
Scholarships For Maine Immigrants (EIN: 10533527) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Scholarships For Maine Immigrants spend its money?
Scholarships For Maine Immigrants directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Scholarships For Maine Immigrants tax-deductible?
Scholarships For Maine Immigrants is registered as a tax-exempt nonprofit (EIN: 10533527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Scholarships For Maine Immigrants compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Scholarships For Maine Immigrants is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Scholarships For Maine Immigrants located?
Scholarships For Maine Immigrants is headquartered in Portland, Maine and files with the IRS under EIN 10533527. It is classified under NTEE code T20.
How many years of IRS 990 filings does Scholarships For Maine Immigrants have?
Scholarships For Maine Immigrants has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What caused the $0 revenue and assets in the latest filing?
The latest filing showing $0 revenue and assets could indicate a temporary cessation of operations, a change in filing status, or an administrative error. Further investigation into the specific filing period would be needed to understand this anomaly.
How does the organization cover its minor operating deficits?
The organization likely covers minor operating deficits, such as the $2,662 deficit in 2020, by drawing from its accumulated assets or prior year surpluses, as its asset base has consistently grown over time.
Is the organization sustainable given its small size and occasional deficits?
Despite its small size and occasional minor deficits, the consistent growth in assets from $20,978 in 2011 to $49,317 in 2020 suggests a degree of financial sustainability, likely supported by a dedicated donor base and volunteer efforts.
Filing History
IRS 990 filing history for Scholarships For Maine Immigrants showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2020), Scholarships For Maine Immigrants's revenue has grown by 252.2%, moving from $11K to $40K. Total assets increased by 135.1% over the same period, from $21K to $49K. Total functional expenses rose by 356.9%, from $9K to $42K. In its most recent filing year (2020), Scholarships For Maine Immigrants reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $40K | $42K | $49K | $0 | — | — |
| 2018 | $33K | $27K | $39K | $0 | — | View 990 |
| 2014 | $22K | $18K | $29K | $0 | — | View 990 |
| 2013 | $10K | $11K | $25K | $1 | — | View 990 |
| 2012 | $13K | $9K | $25K | $1 | — | View 990 |
| 2011 | $11K | $9K | $21K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $40K, expenses of $42K, and assets of $49K (revenue +21.1% year-over-year).
- 2018: Revenue of $33K, expenses of $27K, and assets of $39K (revenue +46.2% year-over-year).
- 2014: Revenue of $22K, expenses of $18K, and assets of $29K (revenue +116.3% year-over-year).
- 2013: Revenue of $10K, expenses of $11K, and assets of $25K (revenue -21.4% year-over-year).
- 2012: Revenue of $13K, expenses of $9K, and assets of $25K (revenue +17.0% year-over-year).
- 2011: Revenue of $11K, expenses of $9K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scholarships For Maine Immigrants:
Data Sources and Methodology
This transparency report for Scholarships For Maine Immigrants 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.