Small Woodland Owners Association Of Maine Inc
Small Woodland Owners Association Of Maine maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 10360072 · Augusta, ME · NTEE: C013 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $772K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $700,000. |
| Net Assets | $3.2M |
| Transparency Score | 90/100 |
Is Small Woodland Owners Association Of Maine Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Small Woodland Owners Association Of Maine Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Small Woodland Owners Association Of Maine Inc
Small Woodland Owners Association Of Maine Inc (EIN: 10360072) is a nonprofit organization based in Augusta, ME, classified under NTEE code C013. The organization reported total revenue of $1.2M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Small Woodland Owners Association Of Maine Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Small Woodland Owners Association Of Maine Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $798K |
| Total Expenses | $772K |
| Surplus / Deficit | +$26K |
| Total Assets | $3.2M |
| Total Liabilities | $2K |
| Net Assets | $3.2M |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 49.5 months |
Financial Health Grade: A
In 2024, Small Woodland Owners Association Of Maine Inc reported a surplus of $26K with revenue exceeding expenses, holds 49.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Small Woodland Owners Association Of Maine Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +40.6% | +19.1% | -6.9% |
| 2023 | -39.4% | +9.0% | -3.0% |
| 2022 | +18.4% | +10.3% | -3.1% |
| 2021 | -34.2% | +8.5% | +20.9% |
| 2020 | +80.2% | +21.0% | +23.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
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 Small Woodland Owners Association Of Maine Inc 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, Small Woodland Owners Association Of Maine Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size with multi-million dollar assets and revenues often exceeding $700,000.
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 Small Woodland Owners Association Of Maine Inc's IRS 990 filings:
- Significant fluctuation in annual revenue, making long-term financial planning potentially challenging (e.g., $1.2M in 2020 vs. $567K in 2023).
Strengths
The following positive indicators were identified for Small Woodland Owners Association Of Maine Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission-focused spending.
- Healthy asset base, consistently above $2 million, providing financial stability.
- Expenses generally kept below revenue, allowing for asset growth and prudent financial management.
- Clear alignment between organization name and NTEE code (Forestry & Related Activities), suggesting a focused mission.
Frequently Asked Questions about Small Woodland Owners Association Of Maine Inc
Is Small Woodland Owners Association Of Maine Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Small Woodland Owners Association Of Maine Inc (EIN: 10360072) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Small Woodland Owners Association Of Maine Inc spend its money?
Small Woodland Owners Association Of Maine Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Small Woodland Owners Association Of Maine Inc tax-deductible?
Small Woodland Owners Association Of Maine Inc is registered as a tax-exempt nonprofit (EIN: 10360072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Small Woodland Owners Association Of Maine Inc CEO make?
Small Woodland Owners Association Of Maine Inc's highest-compensated officer earns $700,000. annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Small Woodland Owners Association Of Maine Inc's spending goes to programs?
Small Woodland Owners Association Of Maine Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Small Woodland Owners Association Of Maine Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Small Woodland Owners Association Of Maine Inc is above average for NTEE category C013 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Small Woodland Owners Association Of Maine Inc located?
Small Woodland Owners Association Of Maine Inc is headquartered in Augusta, Maine and files with the IRS under EIN 10360072. It is classified under NTEE code C013.
How many years of IRS 990 filings does Small Woodland Owners Association Of Maine Inc have?
Small Woodland Owners Association Of Maine 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 $1.2M in total revenue.
Is Small Woodland Owners Association Of Maine Inc a good charity?
Based on the available data, SWOAM appears to be a good charity. It demonstrates strong financial health with consistent assets, no reported officer compensation, and generally manages expenses below revenue, indicating efficient use of funds.
What caused the significant increase in liabilities in the 202404 period?
The filing for period 202404 shows liabilities at $2,095, which is a notable increase from previous periods where liabilities were often negligible (e.g., $61 in 202304, $62 in 202204). While still a small percentage of assets, understanding the nature of these liabilities would provide further insight into the organization's financial management.
How does SWOAM manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key personnel is categorized differently (e.g., as program or administrative staff salaries rather than officer compensation), which is a strong positive for donor confidence.
Filing History
IRS 990 filing history for Small Woodland Owners Association Of Maine Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Small Woodland Owners Association Of Maine Inc's revenue has grown by 42.4%, moving from $561K to $798K. Total assets increased by 116.1% over the same period, from $1.5M to $3.2M. Total functional expenses rose by 84.8%, from $418K to $772K. In its most recent filing year (2024), Small Woodland Owners Association Of Maine Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $2K in liabilities against $3.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $798K | $772K | $3.2M | $2K | — | — |
| 2023 | $568K | $648K | $3.4M | $61 | — | View 990 |
| 2022 | $938K | $595K | $3.5M | $62 | — | View 990 |
| 2021 | $792K | $539K | $3.6M | $115 | — | View 990 |
| 2020 | $1.2M | $497K | $3.0M | $67K | — | View 990 |
| 2019 | $668K | $411K | $2.4M | $78K | — | View 990 |
| 2018 | $473K | $412K | $2.4M | $108K | — | View 990 |
| 2017 | $484K | $428K | $2.1M | $87 | — | View 990 |
| 2016 | $450K | $401K | $1.7M | $56 | — | View 990 |
| 2015 | $568K | $382K | $1.9M | $119K | — | View 990 |
| 2014 | $465K | $346K | $1.7M | $100K | — | View 990 |
| 2013 | $342K | $370K | $1.4M | $23K | — | View 990 |
| 2012 | $561K | $418K | $1.5M | $236 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $798K, expenses of $772K, and assets of $3.2M (revenue +40.6% year-over-year).
- 2023: Revenue of $568K, expenses of $648K, and assets of $3.4M (revenue -39.4% year-over-year).
- 2022: Revenue of $938K, expenses of $595K, and assets of $3.5M (revenue +18.4% year-over-year).
- 2021: Revenue of $792K, expenses of $539K, and assets of $3.6M (revenue -34.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $497K, and assets of $3.0M (revenue +80.2% year-over-year).
- 2019: Revenue of $668K, expenses of $411K, and assets of $2.4M (revenue +41.2% year-over-year).
- 2018: Revenue of $473K, expenses of $412K, and assets of $2.4M (revenue -2.2% year-over-year).
- 2017: Revenue of $484K, expenses of $428K, and assets of $2.1M (revenue +7.5% year-over-year).
- 2016: Revenue of $450K, expenses of $401K, and assets of $1.7M (revenue -20.8% year-over-year).
- 2015: Revenue of $568K, expenses of $382K, and assets of $1.9M (revenue +22.1% year-over-year).
- 2014: Revenue of $465K, expenses of $346K, and assets of $1.7M (revenue +36.1% year-over-year).
- 2013: Revenue of $342K, expenses of $370K, and assets of $1.4M (revenue -39.0% year-over-year).
- 2012: Revenue of $561K, expenses of $418K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Small Woodland Owners Association Of Maine Inc:
Data Sources and Methodology
This transparency report for Small Woodland Owners Association Of Maine 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.