Southern Maine Agency On Aging
Southern Maine Agency On Aging maintains stable finances with zero reported officer compensation.
EIN: 10360259 · Biddeford, ME · NTEE: P81Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $6.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $4.9M |
| Transparency Score | 92/100 |
Is Southern Maine Agency On Aging Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Maine Agency On Aging directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Maine Agency On Aging
Southern Maine Agency On Aging (EIN: 10360259) is a nonprofit organization based in Biddeford, ME, classified under NTEE code P81Z. The organization reported total revenue of $7.9M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Maine Agency On Aging's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Maine Agency On Aging is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $6.6M |
| Surplus / Deficit | +$81K |
| Total Assets | $6.5M |
| Total Liabilities | $1.6M |
| Net Assets | $4.9M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 25.1% |
| Months of Reserves | 11.8 months |
Financial Health Grade: A
In 2023, Southern Maine Agency On Aging reported a surplus of $81K with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern Maine Agency On Aging's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.5% | +35.5% | -2.9% |
| 2022 | -12.1% | +5.9% | +6.2% |
| 2021 | -0.5% | -18.8% | -11.5% |
| 2020 | +3.0% | -7.8% | +20.8% |
| 2019 | -3.4% | +0.1% | -9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Southern Maine Agency On Aging with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Southern Maine Agency On Aging allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.1%.
Executive Compensation Analysis
Southern Maine Agency On Aging consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees. This is highly unusual for an organization of its size, with annual revenues often exceeding $5 million, and suggests a strong commitment to directing resources 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 Southern Maine Agency On Aging:
- Consistent 0% officer compensation reported across all filings, indicating high transparency and mission focus.
- Stable financial health with assets generally covering a significant portion of annual expenses (e.g., $6,475,638 assets vs. $6,595,923 expenses in 202309).
- Positive revenue growth trend over the past five years, from $5,591,745 in 201909 to $6,677,177 in 202309.
- Low liabilities relative to assets, with liabilities of $1,623,368 against assets of $6,475,638 in 202309, indicating good financial management.
Frequently Asked Questions about Southern Maine Agency On Aging
Is Southern Maine Agency On Aging a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Maine Agency On Aging (EIN: 10360259) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Southern Maine Agency On Aging spend its money?
Southern Maine Agency On Aging directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southern Maine Agency On Aging tax-deductible?
Southern Maine Agency On Aging is registered as a tax-exempt nonprofit (EIN: 10360259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Southern Maine Agency On Aging CEO make?
Southern Maine Agency On Aging's highest-compensated officer earns $5 annually. The organization reported $7.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Southern Maine Agency On Aging's spending goes to programs?
Southern Maine Agency On Aging directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern Maine Agency On Aging compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Southern Maine Agency On Aging is above average for NTEE category P81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern Maine Agency On Aging located?
Southern Maine Agency On Aging is headquartered in Biddeford, Maine and files with the IRS under EIN 10360259. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Southern Maine Agency On Aging have?
Southern Maine Agency On Aging 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 $7.9M in total revenue.
Is Southern Maine Agency On Aging a good charity?
Based on the available IRS 990 data, Southern Maine Agency On Aging appears to be a very good charity. It demonstrates strong financial health, consistent program spending focus, and exceptional transparency by reporting 0% officer compensation.
How has Southern Maine Agency On Aging's revenue trended over the past five years?
Southern Maine Agency On Aging's revenue has shown a generally positive trend over the past five years, increasing from $5,591,745 in 201909 to $6,677,177 in 202309, with some fluctuations in between.
What is the organization's asset-to-expense ratio?
In the latest filing (202309), Southern Maine Agency On Aging's assets were $6,475,638 and expenses were $6,595,923, resulting in an asset-to-expense ratio of approximately 0.98:1. This indicates they hold nearly enough assets to cover a full year of expenses.
Filing History
IRS 990 filing history for Southern Maine Agency On Aging showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Maine Agency On Aging's revenue has grown by 19.5%, moving from $5.6M to $6.7M. Total assets increased by 65.9% over the same period, from $3.9M to $6.5M. Total functional expenses rose by 19.3%, from $5.5M to $6.6M. In its most recent filing year (2023), Southern Maine Agency On Aging reported a surplus of $81K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $6.5M in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.7M | $6.6M | $6.5M | $1.6M | — | View 990 |
| 2022 | $5.0M | $4.9M | $6.7M | $2.0M | — | View 990 |
| 2021 | $5.7M | $4.6M | $6.3M | $1.6M | — | View 990 |
| 2020 | $5.8M | $5.7M | $7.1M | $3.6M | — | — |
| 2019 | $5.6M | $6.1M | $5.9M | $2.6M | — | View 990 |
| 2018 | $5.8M | $6.1M | $6.5M | $2.6M | — | View 990 |
| 2017 | $5.9M | $6.4M | $6.8M | $2.6M | — | View 990 |
| 2016 | $6.5M | $6.8M | $7.3M | $2.7M | — | View 990 |
| 2015 | $7.0M | $6.9M | $6.2M | $1.3M | — | View 990 |
| 2014 | $7.8M | $6.2M | $6.1M | $1.3M | — | View 990 |
| 2013 | $6.5M | $6.2M | $4.6M | $1.5M | — | View 990 |
| 2012 | $5.9M | $5.8M | $4.1M | $1.4M | — | View 990 |
| 2011 | $5.6M | $5.5M | $3.9M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.7M, expenses of $6.6M, and assets of $6.5M (revenue +32.5% year-over-year).
- 2022: Revenue of $5.0M, expenses of $4.9M, and assets of $6.7M (revenue -12.1% year-over-year).
- 2021: Revenue of $5.7M, expenses of $4.6M, and assets of $6.3M (revenue -0.5% year-over-year).
- 2020: Revenue of $5.8M, expenses of $5.7M, and assets of $7.1M (revenue +3.0% year-over-year).
- 2019: Revenue of $5.6M, expenses of $6.1M, and assets of $5.9M (revenue -3.4% year-over-year).
- 2018: Revenue of $5.8M, expenses of $6.1M, and assets of $6.5M (revenue -1.8% year-over-year).
- 2017: Revenue of $5.9M, expenses of $6.4M, and assets of $6.8M (revenue -9.6% year-over-year).
- 2016: Revenue of $6.5M, expenses of $6.8M, and assets of $7.3M (revenue -7.1% year-over-year).
- 2015: Revenue of $7.0M, expenses of $6.9M, and assets of $6.2M (revenue -9.9% year-over-year).
- 2014: Revenue of $7.8M, expenses of $6.2M, and assets of $6.1M (revenue +19.5% year-over-year).
- 2013: Revenue of $6.5M, expenses of $6.2M, and assets of $4.6M (revenue +10.3% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.8M, and assets of $4.1M (revenue +5.7% year-over-year).
- 2011: Revenue of $5.6M, expenses of $5.5M, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Maine Agency On Aging:
Data Sources and Methodology
This transparency report for Southern Maine Agency On Aging 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.