Society Of Mayflower Descendants In The State Of Maine
Mayflower Descendants Society in Maine Faces Recurring Deficits Despite No Officer Compensation.
EIN: 10427726 · Cape Eliz, ME · NTEE: A82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $75K |
| Total Expenses | $94K |
| Program Spending | 80% |
| Net Assets | $303K |
| Transparency Score | 65/100 |
Is Society Of Mayflower Descendants In The State Of Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Society Of Mayflower Descendants In The State Of Maine directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Society Of Mayflower Descendants In The State Of Maine
Society Of Mayflower Descendants In The State Of Maine (EIN: 10427726) is a nonprofit organization based in Cape Eliz, ME, classified under NTEE code A82Z. The organization reported total revenue of $75K and total assets of $280K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Mayflower Descendants In The State Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society Of Mayflower Descendants In The State Of Maine is a micro nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $94K |
| Surplus / Deficit | $-27,315 |
| Total Assets | $303K |
| Net Assets | $303K |
| Operating Margin | -41.1% |
| Months of Reserves | 38.8 months |
Financial Health Grade: B
In 2023, Society Of Mayflower Descendants In The State Of Maine reported a deficit of $27K with expenses exceeding revenue, holds 38.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Society Of Mayflower Descendants In The State Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +488.0% | -9.7% | -8.3% |
| 2022 | -85.4% | +30.9% | -21.9% |
| 2021 | +14.6% | +42.9% | +14.5% |
| 2020 | +7.3% | -12.6% | +22.8% |
| 2019 | +7.8% | +4.4% | +19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
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 Society Of Mayflower Descendants In The State Of Maine with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Society Of Mayflower Descendants In The State Of Maine allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $27K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its 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 Society Of Mayflower Descendants In The State Of Maine's IRS 990 filings:
- Recurring operational deficits (expenses exceeding revenue in 7 of 10 periods)
- Significant decline in assets over the last two years (from $423,209 in 2021 to $303,361 in 2023)
Strengths
The following positive indicators were identified for Society Of Mayflower Descendants In The State Of Maine:
- Zero officer compensation, indicating highly efficient leadership costs
- Consistent transparency with 13 IRS 990 filings
- Minimal to no liabilities reported across all periods
Frequently Asked Questions about Society Of Mayflower Descendants In The State Of Maine
Is Society Of Mayflower Descendants In The State Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of Mayflower Descendants In The State Of Maine (EIN: 10427726) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Society Of Mayflower Descendants In The State Of Maine spend its money?
Society Of Mayflower Descendants In The State Of Maine directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Society Of Mayflower Descendants In The State Of Maine tax-deductible?
Society Of Mayflower Descendants In The State Of Maine is registered as a tax-exempt nonprofit (EIN: 10427726). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Society Of Mayflower Descendants In The State Of Maine's spending goes to programs?
Society Of Mayflower Descendants In The State Of Maine directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Society Of Mayflower Descendants In The State Of Maine compare to similar nonprofits?
With a transparency score of 65/100 (Good), Society Of Mayflower Descendants In The State Of Maine is above average for NTEE category A82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Society Of Mayflower Descendants In The State Of Maine located?
Society Of Mayflower Descendants In The State Of Maine is headquartered in Cape Eliz, Maine and files with the IRS under EIN 10427726. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Society Of Mayflower Descendants In The State Of Maine have?
Society Of Mayflower Descendants In The State Of Maine 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 $75K in total revenue.
Is the Society Of Mayflower Descendants In The State Of Maine financially sustainable?
The organization has experienced recurring deficits, with expenses exceeding revenue in 7 out of the last 10 reported periods. For example, in 2023, expenses were $93,714 against revenues of $66,399. While it has substantial assets ($303,361 in 2023), consistent deficits could threaten long-term sustainability if not addressed through increased revenue or reduced expenses.
How does the lack of officer compensation impact the organization?
The 0% officer compensation across all filings indicates a volunteer-driven leadership, which significantly reduces administrative overhead and allows more funds to potentially be directed towards its mission. This is a strong positive for efficiency.
What is the trend in the organization's assets?
Assets have fluctuated, peaking at $423,209 in 2021 and decreasing to $303,361 in 2023. The decline in assets over the last two years (from $423,209 in 2021 to $303,361 in 2023) suggests that the organization may be drawing down its reserves to cover operational deficits.
Filing History
IRS 990 filing history for Society Of Mayflower Descendants In The State Of Maine showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Society Of Mayflower Descendants In The State Of Maine's revenue has grown by 52.6%, moving from $44K to $66K. Total assets increased by 38.8% over the same period, from $219K to $303K. Total functional expenses rose by 65.4%, from $57K to $94K. In its most recent filing year (2023), Society Of Mayflower Descendants In The State Of Maine reported a deficit of $27K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $94K | $303K | $0 | — | — |
| 2022 | $11K | $104K | $331K | $0 | — | View 990 |
| 2021 | $77K | $79K | $423K | $0 | — | View 990 |
| 2020 | $67K | $56K | $370K | $0 | — | View 990 |
| 2019 | $63K | $64K | $301K | $219 | — | View 990 |
| 2018 | $58K | $61K | $251K | $0 | — | View 990 |
| 2017 | $57K | $60K | $267K | $0 | — | View 990 |
| 2016 | $62K | $54K | $240K | $0 | — | View 990 |
| 2015 | $38K | $46K | $232K | $0 | — | View 990 |
| 2014 | $50K | $48K | $241K | $0 | — | View 990 |
| 2013 | $66K | $56K | $238K | $0 | — | View 990 |
| 2012 | $63K | $53K | $229K | $0 | — | View 990 |
| 2011 | $44K | $57K | $219K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $94K, and assets of $303K (revenue +488.0% year-over-year).
- 2022: Revenue of $11K, expenses of $104K, and assets of $331K (revenue -85.4% year-over-year).
- 2021: Revenue of $77K, expenses of $79K, and assets of $423K (revenue +14.6% year-over-year).
- 2020: Revenue of $67K, expenses of $56K, and assets of $370K (revenue +7.3% year-over-year).
- 2019: Revenue of $63K, expenses of $64K, and assets of $301K (revenue +7.8% year-over-year).
- 2018: Revenue of $58K, expenses of $61K, and assets of $251K (revenue +2.7% year-over-year).
- 2017: Revenue of $57K, expenses of $60K, and assets of $267K (revenue -7.8% year-over-year).
- 2016: Revenue of $62K, expenses of $54K, and assets of $240K (revenue +63.4% year-over-year).
- 2015: Revenue of $38K, expenses of $46K, and assets of $232K (revenue -24.9% year-over-year).
- 2014: Revenue of $50K, expenses of $48K, and assets of $241K (revenue -23.8% year-over-year).
- 2013: Revenue of $66K, expenses of $56K, and assets of $238K (revenue +4.9% year-over-year).
- 2012: Revenue of $63K, expenses of $53K, and assets of $229K (revenue +44.1% year-over-year).
- 2011: Revenue of $44K, expenses of $57K, and assets of $219K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society Of Mayflower Descendants In The State Of Maine:
Data Sources and Methodology
This transparency report for Society Of Mayflower Descendants In The State Of Maine 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.