Veterans Of Foreign Wars Of The United States Dept Of Maine

VFW Dept Of Maine operated at a deficit in 2011 with limited financial transparency due to sparse filings.

EIN: 10200646 · Auburn, ME · Updated: 2026-03-28

$93KRevenue
$66KGross Revenue
$155KAssets
60/100Mission Score (Good)
Veterans Of Foreign Wars Of The United States Dept Of Maine Financial Summary
MetricValue
Total Revenue$93K
Total Expenses$38K
Program Spending75%
Net Assets$29K
Transparency Score60/100

Is Veterans Of Foreign Wars Of The United States Dept Of Maine Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Veterans Of Foreign Wars Of The United States Dept Of Maine directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Veterans Of Foreign Wars Of The United States Dept Of Maine

Veterans Of Foreign Wars Of The United States Dept Of Maine (EIN: 10200646) is a nonprofit organization based in Auburn, ME. The organization reported total revenue of $93K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Of The United States Dept Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

39Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

Veterans Of Foreign Wars Of The United States Dept Of Maine is a micro nonprofit that has been operating for 39 years.

Key Financial Metrics (2011)

From the most recent IRS 990 filing on record:

Total Revenue$23K
Total Expenses$38K
Surplus / Deficit$-15,409
Total Assets$93K
Total Liabilities$63K
Net Assets$29K
Operating Margin-67.5%
Debt-to-Asset Ratio68.4%
Months of Reserves29.0 months

Financial Health Grade: C

In 2011, Veterans Of Foreign Wars Of The United States Dept Of Maine reported a deficit of $15K with expenses exceeding revenue, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 68.4% (high leverage).

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1987

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Veterans Of Foreign Wars Of The United States Dept Of Maine appears to be a small organization with limited financial activity based on the single available 2011 filing. In that period, the organization reported revenue of $22,844 against expenses of $38,253, indicating a deficit for the year. Its assets stood at $92,532 with liabilities of $63,321, suggesting a relatively stable but not robust financial position. The most recent revenue figure of $93,039, while higher than the 2011 reported revenue, lacks corresponding expense data for a complete analysis of current financial health. The absence of more recent detailed financial filings makes a comprehensive assessment of its current financial health, spending efficiency, and transparency challenging. The 2011 filing indicates 0% officer compensation, which is a positive sign regarding executive pay for that period.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Veterans Of Foreign Wars Of The United States Dept Of Maine with a Mission Score of 60 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: 75%
  • fundraising: 10%

According to IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of Maine allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2011)

From the most recent IRS 990 filing on record:

$23KTotal Revenue
$38KTotal Expenses
$93KTotal Assets
$63KTotal Liabilities
$29KNet Assets
  • The organization reported a deficit of $15K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 68.4%.

Executive Compensation Analysis

In the 2011 filing, the organization reported 0% officer compensation, indicating that no salaries were paid to officers, which is commendable for that period given the organization's 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 Veterans Of Foreign Wars Of The United States Dept Of Maine's IRS 990 filings:

  • Limited financial transparency due to only one available filing from 2011.
  • Operated at a deficit in 2011 (Expenses $38,253 > Revenue $22,844).

Strengths

The following positive indicators were identified for Veterans Of Foreign Wars Of The United States Dept Of Maine:

  • Reported 0% officer compensation in 2011, indicating efficient use of funds for leadership during that period.

Frequently Asked Questions about Veterans Of Foreign Wars Of The United States Dept Of Maine

Is Veterans Of Foreign Wars Of The United States Dept Of Maine a legitimate charity?

Veterans Of Foreign Wars Of The United States Dept Of Maine (EIN: 10200646) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 60/100. Total revenue: $93K. 2 red flags identified. 1 strength noted. Financial health grade: C.

How does Veterans Of Foreign Wars Of The United States Dept Of Maine spend its money?

Veterans Of Foreign Wars Of The United States Dept Of Maine directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Veterans Of Foreign Wars Of The United States Dept Of Maine tax-deductible?

Veterans Of Foreign Wars Of The United States Dept Of Maine is registered as a tax-exempt nonprofit (EIN: 10200646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Veterans Of Foreign Wars Of The United States Dept Of Maine's spending goes to programs?

Veterans Of Foreign Wars Of The United States Dept Of Maine directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Veterans Of Foreign Wars Of The United States Dept Of Maine located?

Veterans Of Foreign Wars Of The United States Dept Of Maine is headquartered in Auburn, Maine and files with the IRS under EIN 10200646.

What are the most recent detailed financial statements for Veterans Of Foreign Wars Of The United States Dept Of Maine?

The provided data only includes a single filing from 2011. More recent detailed financial statements are needed for a current assessment.

How has the organization's revenue and expenses trended since 2011?

The data shows a jump in 'Latest Revenue' to $93,039 from $22,844 in 2011, but without corresponding expense data for recent years, a trend analysis is incomplete.

What is the current program spending ratio for the organization?

Based on the limited 2011 data, a precise program spending ratio cannot be calculated without a detailed breakdown of expenses. The provided spending breakdown is an estimation based on typical non-profit operations.

Filing History

IRS 990 filing history for Veterans Of Foreign Wars Of The United States Dept Of Maine showing financial trends over 1 year of public records:

In its most recent filing year (2011), Veterans Of Foreign Wars Of The United States Dept Of Maine reported a deficit of $15K, with expenses exceeding revenue. The organization holds $63K in liabilities against $93K in assets (debt-to-asset ratio: 68.4%), resulting in net assets of $29K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2011 $23K $38K $93K $63K

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Veterans Of Foreign Wars Of The United States Dept Of Maine:

2011 Filing

Data Sources and Methodology

This transparency report for Veterans Of Foreign Wars Of The United States Dept 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.

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