Veterans Of Foreign Wars Of The United States Dept Of Maine
Veterans Of Foreign Wars Of The United States Dept Of Maine consistently operates at break-even with no executive compensation.
EIN: 10344591 · Old Orchd Bch, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $32K |
| Program Spending | 90% |
| Net Assets | $162K |
| Transparency Score | 90/100 |
Search Intent Cockpit
Veterans Of Foreign Wars Of The United States Dept Of Maine Form 990, Revenue, CEO Pay, and IRS Filing Signals
Veterans Of Foreign Wars Of The United States Dept Of Maine is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Veterans Of Foreign Wars Of The United States Dept Of Maine in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $32K and expenses of $32K.
Revenue and Expenses
Veterans Of Foreign Wars Of The United States Dept Of Maine reported $32K in revenue and $32K in expenses, a surplus of $0.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Veterans Of Foreign Wars Of The United States Dept Of Maine Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $29K (90%) |
Across stored filings, Veterans Of Foreign Wars Of The United States Dept Of Maine shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and category context |
Trust Check
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90% of spending goes to programs.
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Keep the Investigation Moving
Veterans Of Foreign Wars Of The United States Dept Of Maine directs 90% 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: 10344591) is a nonprofit organization based in Old Orchd Bch, ME. The organization reported total revenue of $115K and total assets of $168K 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
Veterans Of Foreign Wars Of The United States Dept Of Maine is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $32K |
| Surplus / Deficit | +$0 |
| Total Assets | $168K |
| Total Liabilities | $6K |
| Net Assets | $162K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 62.9 months |
Financial Health Grade: A
In 2024, Veterans Of Foreign Wars Of The United States Dept Of Maine reported a surplus of $0 with revenue exceeding expenses, holds 62.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Veterans Of Foreign Wars Of The United States Dept Of Maine's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +33.0% | +64.5% | +0.0% |
| 2023 | -16.3% | -32.3% | +0.0% |
| 2022 | -3.3% | -4.1% | +0.0% |
| 2021 | -16.8% | -31.2% | -2.2% |
| 2020 | -23.2% | -8.3% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Veterans Of Foreign Wars Of The United States Dept Of Maine 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: 90%
- fundraising: 0%
According to IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of Maine allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not paid salaries, which is highly favorable for directing funds towards the organization's mission.
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 Veterans Of Foreign Wars Of The United States Dept Of Maine:
- Consistent 0% officer compensation, maximizing funds for mission.
- Stable asset base, consistently above $150,000.
- Low and decreasing liabilities, indicating strong financial health.
- Regular and consistent IRS 990 filing history, demonstrating transparency.
- Expenses generally align with revenue, showing responsible financial management.
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: 10344591) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $115K. No red flags identified. 5 strengths noted. Financial health grade: A.
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 90% of its spending to programs and services. 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: 10344591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
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 Old Orchd Bch, Maine and files with the IRS under EIN 10344591.
How many years of IRS 990 filings does Veterans Of Foreign Wars Of The United States Dept Of Maine have?
Veterans Of Foreign Wars Of The United States Dept 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 $115K in total revenue.
Is Veterans Of Foreign Wars Of The United States Dept Of Maine a good charity?
Based on the provided financial data, the organization appears to be a good charity. It consistently operates with no executive compensation, maintains stable assets, and has a history of regular IRS 990 filings, all indicating strong financial health and transparency.
How does the organization manage its expenses relative to revenue?
The organization generally manages its expenses to align closely with its revenue. For example, in 202406, revenue was $31,952 and expenses were $31,952, indicating a break-even operation. While there are periods of slight deficits (e.g., 202006: Revenue $35,679, Expenses $43,539), these are balanced by periods of surpluses (e.g., 202306: Revenue $24,027, Expenses $19,423), demonstrating prudent financial management over time.
What is the trend in the organization's assets and liabilities?
The organization's assets have remained relatively stable, fluctuating between $152,961 (201606) and $171,376 (202006), with the latest reported assets at $167,601. Liabilities have also been managed effectively, showing a general decrease from a high of $22,450 (201506) to $5,767 in the latest filing, indicating improving financial stability.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Of The United States Dept Of Maine showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Veterans Of Foreign Wars Of The United States Dept Of Maine's revenue has declined by 1.2%, moving from $32K to $32K. Total assets decreased by 5% over the same period, from $176K to $168K. Total functional expenses rose by 8.8%, from $29K to $32K. In its most recent filing year (2024), Veterans Of Foreign Wars Of The United States Dept Of Maine reported a surplus of $0, with revenue exceeding expenses. The organization holds $6K in liabilities against $168K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $162K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $32K | $32K | $168K | $6K | — | — |
| 2023 | $24K | $19K | $168K | $6K | — | — |
| 2022 | $29K | $29K | $168K | $6K | — | — |
| 2021 | $30K | $30K | $168K | $6K | — | — |
| 2020 | $36K | $44K | $171K | $10K | — | View 990 |
| 2019 | $46K | $48K | $170K | $1K | — | View 990 |
| 2018 | $36K | $32K | $162K | $7K | — | View 990 |
| 2017 | $33K | $32K | $153K | $12K | — | — |
| 2016 | $21K | $26K | $153K | $18K | — | — |
| 2015 | $26K | $36K | $158K | $22K | — | View 990 |
| 2014 | $23K | $28K | $168K | $25K | — | View 990 |
| 2013 | $42K | $45K | $173K | $26K | — | View 990 |
| 2012 | $32K | $29K | $176K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $32K, expenses of $32K, and assets of $168K (revenue +33.0% year-over-year).
- 2023: Revenue of $24K, expenses of $19K, and assets of $168K (revenue -16.3% year-over-year).
- 2022: Revenue of $29K, expenses of $29K, and assets of $168K (revenue -3.3% year-over-year).
- 2021: Revenue of $30K, expenses of $30K, and assets of $168K (revenue -16.8% year-over-year).
- 2020: Revenue of $36K, expenses of $44K, and assets of $171K (revenue -23.2% year-over-year).
- 2019: Revenue of $46K, expenses of $48K, and assets of $170K (revenue +28.0% year-over-year).
- 2018: Revenue of $36K, expenses of $32K, and assets of $162K (revenue +11.7% year-over-year).
- 2017: Revenue of $33K, expenses of $32K, and assets of $153K (revenue +56.5% year-over-year).
- 2016: Revenue of $21K, expenses of $26K, and assets of $153K (revenue -21.3% year-over-year).
- 2015: Revenue of $26K, expenses of $36K, and assets of $158K (revenue +14.7% year-over-year).
- 2014: Revenue of $23K, expenses of $28K, and assets of $168K (revenue -44.7% year-over-year).
- 2013: Revenue of $42K, expenses of $45K, and assets of $173K (revenue +28.6% year-over-year).
- 2012: Revenue of $32K, expenses of $29K, and assets of $176K.
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:
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.