Veterans Of Foreign Wars Of The United States Dept Of Maine

Veterans Of Foreign Wars Of The United States Dept Of Maine shows stable assets but recent operational deficits.

EIN: 16014181 · Fairfield, ME · Updated: 2026-03-28

$992KRevenue
$231KGross Revenue
$429KAssets
75/100Mission Score (Good)

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Veterans Of Foreign Wars Of The United States Dept Of Maine is mapped to EIN 16014181.

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Veterans Of Foreign Wars Of The United States Dept Of Maine Financial Summary
MetricValue
Total Revenue$992K
Total Expenses$294K
Program Spending80%
Net Assets$425K
Transparency Score75/100

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

9 filing years are available, with latest revenue of $231K and expenses of $294K.

Revenue and Expenses

Veterans Of Foreign Wars Of The United States Dept Of Maine reported $231K in revenue and $294K in expenses, a deficit of $63K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

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

Some Concerns

GoodFiling 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 →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
9Stored Filing Years

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

Veterans Of Foreign Wars Of The United States Dept Of Maine Expense Deployment
Program services$235K (80%)

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.

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Veterans Of Foreign Wars Of The United States Dept Of Maine Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B9 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and category context

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Veterans Of Foreign Wars Of The United States Dept Of Maine directs 80% 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: 16014181) is a nonprofit organization based in Fairfield, ME. The organization reported total revenue of $992K and total assets of $429K 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
SmallSize Classification
9Years of Filings
MixedRevenue Trajectory

Veterans Of Foreign Wars Of The United States Dept Of Maine is a small nonprofit that has been operating for 39 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 0.8%.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

Total Revenue$231K
Total Expenses$294K
Surplus / Deficit$-62,800
Total Assets$429K
Total Liabilities$4K
Net Assets$425K
Operating Margin-27.2%
Debt-to-Asset Ratio0.9%
Months of Reserves17.5 months

Financial Health Grade: B

In 2019, Veterans Of Foreign Wars Of The United States Dept Of Maine reported a deficit of $63K with expenses exceeding revenue, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).

Financial Trends

Over 9 years of filings (2011–2019), Veterans Of Foreign Wars Of The United States Dept Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.

YearRevenue ChangeExpense ChangeAsset Change
2019+0.8%+11.3%-12.7%
2018-30.4%-2.7%-6.5%
2017-1.7%-0.4%+12.3%
2016+33.9%+18.4%+15.2%
2015+12.7%+6.5%+5.1%

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 demonstrates a consistent operational history, with revenues and expenses fluctuating over the past decade. The organization's assets have generally grown from $297,650 in 2011 to $428,975 in 2019, indicating a stable financial base. However, the latest filing period (201906) shows expenses ($293,982) exceeding revenue ($231,182), resulting in a deficit for that year. This trend of expenses sometimes exceeding revenue is also observed in 201806. While the organization's liabilities remain very low, consistently under $5,000, the recurring operational deficits in recent years warrant attention to ensure long-term sustainability. The absence of reported officer compensation suggests a volunteer-driven leadership, which can be a positive indicator of efficiency and dedication to the mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Veterans Of Foreign Wars Of The United States Dept Of Maine with a Mission Score of 75 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, Veterans Of Foreign Wars Of The United States Dept 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 (2019)

From the most recent IRS 990 filing on record:

$231KTotal Revenue
$294KTotal Expenses
$429KTotal Assets
$4KTotal Liabilities
$425KNet Assets
  • The organization reported a deficit of $63K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.9%.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which is commendable for a nonprofit 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 Veterans Of Foreign Wars Of The United States Dept Of Maine's IRS 990 filings:

  • Expenses exceeded revenue in the latest filing period (201906) by over $62,000.
  • Expenses exceeded revenue in 201806, indicating a recurring operational deficit in recent years.

Strengths

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

  • Consistent and low liabilities, always under $5,000 across all filings.
  • No reported officer compensation, suggesting a volunteer-driven leadership.
  • Stable asset base, growing from $297,650 in 2011 to $428,975 in 2019.
  • Long filing history (9 filings) indicates consistent compliance and transparency.

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: 16014181) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $992K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

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 80% of its spending to programs and services. Fundraising costs 5%. 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: 16014181). 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 80% to programs, 5% 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 Fairfield, Maine and files with the IRS under EIN 16014181.

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 9 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 $992K in total revenue.

Is Veterans Of Foreign Wars Of The United States Dept Of Maine financially sustainable given recent deficits?

While the organization has a stable asset base of $428,975, the recent trend of expenses exceeding revenue (e.g., $293,982 expenses vs. $231,182 revenue in 2019) suggests a need to monitor operational sustainability and potentially adjust spending or increase revenue streams.

How does the lack of officer compensation impact the organization?

The absence of officer compensation indicates a volunteer-led organization, which can lead to lower administrative costs and a higher percentage of funds directly supporting programs. However, it also relies heavily on the dedication of unpaid individuals.

Filing History

IRS 990 filing history for Veterans Of Foreign Wars Of The United States Dept Of Maine showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Veterans Of Foreign Wars Of The United States Dept Of Maine's revenue has grown by 6.5%, moving from $217K to $231K. Total assets increased by 44.1% over the same period, from $298K to $429K. Total functional expenses rose by 61.4%, from $182K to $294K. In its most recent filing year (2019), Veterans Of Foreign Wars Of The United States Dept Of Maine reported a deficit of $63K, with expenses exceeding revenue. The organization holds $4K in liabilities against $429K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $425K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2019 $231K $294K $429K $4K View 990
2018 $229K $264K $491K $4K View 990
2017 $329K $272K $526K $3K View 990
2016 $335K $273K $468K $3K View 990
2015 $250K $230K $407K $4K View 990
2014 $222K $216K $387K $4K View 990
2013 $285K $250K $382K $4K View 990
2012 $263K $215K $347K $4K View 990
2011 $217K $182K $298K $3K View 990

Year-by-Year Financial Summary

  • 2019: Revenue of $231K, expenses of $294K, and assets of $429K (revenue +0.8% year-over-year).
  • 2018: Revenue of $229K, expenses of $264K, and assets of $491K (revenue -30.4% year-over-year).
  • 2017: Revenue of $329K, expenses of $272K, and assets of $526K (revenue -1.7% year-over-year).
  • 2016: Revenue of $335K, expenses of $273K, and assets of $468K (revenue +33.9% year-over-year).
  • 2015: Revenue of $250K, expenses of $230K, and assets of $407K (revenue +12.7% year-over-year).
  • 2014: Revenue of $222K, expenses of $216K, and assets of $387K (revenue -22.0% year-over-year).
  • 2013: Revenue of $285K, expenses of $250K, and assets of $382K (revenue +8.1% year-over-year).
  • 2012: Revenue of $263K, expenses of $215K, and assets of $347K (revenue +21.3% year-over-year).
  • 2011: Revenue of $217K, expenses of $182K, and assets of $298K.

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:

2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 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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