University Of Maine Student Government Inc
University Of Maine Student Government Inc maintains stable finances with no officer compensation.
EIN: 10319421 · Orono, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $862K |
| Total Expenses | $807K |
| Program Spending | 90% |
| Net Assets | $418K |
| Transparency Score | 85/100 |
Is University Of Maine Student Government Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
University Of Maine Student Government Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About University Of Maine Student Government Inc
University Of Maine Student Government Inc (EIN: 10319421) is a nonprofit organization based in Orono, ME. The organization reported total revenue of $862K and total assets of $436K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Of Maine Student Government Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University Of Maine Student Government Inc is a small nonprofit that has been operating for 50 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $862K |
| Total Expenses | $807K |
| Surplus / Deficit | +$54K |
| Total Assets | $436K |
| Total Liabilities | $18K |
| Net Assets | $418K |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2024, University Of Maine Student Government Inc reported a surplus of $54K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), University Of Maine Student Government Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.3% | -3.8% | +13.3% |
| 2023 | -5.8% | -33.2% | -18.7% |
| 2022 | -2.5% | +134.4% | -49.6% |
| 2021 | +7.0% | +18.3% | +43.4% |
| 2020 | -12.2% | -45.5% | +86.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
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 University Of Maine Student Government Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, University Of Maine Student Government Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $54K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is typical for student government bodies and reflects a strong commitment to utilizing funds for student-focused activities.
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 University Of Maine Student Government Inc's IRS 990 filings:
- Significant fluctuation in assets without clear explanation in provided data
- Periods of deficit spending (e.g., 202306, 202206) where expenses exceeded revenue
Strengths
The following positive indicators were identified for University Of Maine Student Government Inc:
- Consistent reporting of 0% officer compensation
- Low liabilities relative to assets
- Consistent IRS 990 filing history (14 filings) demonstrating transparency
- Return to operating surplus in the latest fiscal period (202406)
Frequently Asked Questions about University Of Maine Student Government Inc
Is University Of Maine Student Government Inc a legitimate charity?
University Of Maine Student Government Inc (EIN: 10319421) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $862K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does University Of Maine Student Government Inc spend its money?
University Of Maine Student Government Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to University Of Maine Student Government Inc tax-deductible?
University Of Maine Student Government Inc is registered as a tax-exempt nonprofit (EIN: 10319421). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of University Of Maine Student Government Inc's spending goes to programs?
University Of Maine Student Government Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is University Of Maine Student Government Inc located?
University Of Maine Student Government Inc is headquartered in Orono, Maine and files with the IRS under EIN 10319421.
How many years of IRS 990 filings does University Of Maine Student Government Inc have?
University Of Maine Student Government Inc has 14 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 $862K in total revenue.
Is University Of Maine Student Government Inc financially stable?
Yes, the organization appears financially stable. While there were periods of deficit spending in 202306 and 202206, the latest filing (202406) shows a surplus with revenues of $861,576 exceeding expenses of $807,430, and liabilities remain low.
How does the organization manage its assets?
Assets have fluctuated significantly, from $171,245 in 201606 to a peak of $940,490 in 202106, and are currently $436,478. This fluctuation suggests active management, possibly tied to specific projects or reserve building, though further detail would be needed to understand the nature of these assets.
What is the trend in the organization's expenses?
Expenses have generally ranged between $450,000 and $840,000, with an outlier of $1,257,298 in 202206. The latest expenses of $807,430 are in line with historical averages, indicating a return to more typical spending levels after a period of higher expenditure.
Does the organization compensate its officers?
No, the organization consistently reports 0% officer compensation across all 14 available filings, indicating that its leadership serves without direct financial compensation from the organization's funds.
Filing History
IRS 990 filing history for University Of Maine Student Government Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), University Of Maine Student Government Inc's revenue has declined by 2.5%, moving from $884K to $862K. Total assets increased by 71.3% over the same period, from $255K to $436K. Total functional expenses fell by 8.3%, from $880K to $807K. In its most recent filing year (2024), University Of Maine Student Government Inc reported a surplus of $54K, with revenue exceeding expenses. The organization holds $18K in liabilities against $436K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $862K | $807K | $436K | $18K | — | View 990 |
| 2023 | $741K | $839K | $385K | $27K | — | View 990 |
| 2022 | $787K | $1.3M | $474K | $20K | — | View 990 |
| 2021 | $807K | $536K | $940K | $11K | — | — |
| 2020 | $754K | $453K | $656K | $8K | — | View 990 |
| 2019 | $859K | $832K | $352K | $5K | — | View 990 |
| 2018 | $859K | $745K | $332K | $13K | — | View 990 |
| 2017 | $736K | $700K | $210K | $7K | — | View 990 |
| 2016 | $735K | $737K | $171K | $9K | — | View 990 |
| 2015 | $739K | $724K | $180K | $14K | — | View 990 |
| 2014 | $794K | $795K | $161K | $7K | — | View 990 |
| 2013 | $808K | $897K | $158K | $8K | — | View 990 |
| 2012 | $709K | $715K | $245K | $8K | — | View 990 |
| 2011 | $884K | $880K | $255K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $862K, expenses of $807K, and assets of $436K (revenue +16.3% year-over-year).
- 2023: Revenue of $741K, expenses of $839K, and assets of $385K (revenue -5.8% year-over-year).
- 2022: Revenue of $787K, expenses of $1.3M, and assets of $474K (revenue -2.5% year-over-year).
- 2021: Revenue of $807K, expenses of $536K, and assets of $940K (revenue +7.0% year-over-year).
- 2020: Revenue of $754K, expenses of $453K, and assets of $656K (revenue -12.2% year-over-year).
- 2019: Revenue of $859K, expenses of $832K, and assets of $352K (revenue +-0.0% year-over-year).
- 2018: Revenue of $859K, expenses of $745K, and assets of $332K (revenue +16.7% year-over-year).
- 2017: Revenue of $736K, expenses of $700K, and assets of $210K (revenue +0.2% year-over-year).
- 2016: Revenue of $735K, expenses of $737K, and assets of $171K (revenue -0.5% year-over-year).
- 2015: Revenue of $739K, expenses of $724K, and assets of $180K (revenue -6.9% year-over-year).
- 2014: Revenue of $794K, expenses of $795K, and assets of $161K (revenue -1.8% year-over-year).
- 2013: Revenue of $808K, expenses of $897K, and assets of $158K (revenue +14.1% year-over-year).
- 2012: Revenue of $709K, expenses of $715K, and assets of $245K (revenue -19.8% year-over-year).
- 2011: Revenue of $884K, expenses of $880K, and assets of $255K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University Of Maine Student Government Inc:
Data Sources and Methodology
This transparency report for University Of Maine Student Government 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.