Western Maine Transportation Services Inc
Western Maine Transportation Services Inc shows consistent revenue growth and zero reported officer compensation over the past decade.
EIN: 10342356 · Auburn, ME · NTEE: P52Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.8M |
| Total Expenses | $6.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $7.2M |
| Transparency Score | 92/100 |
Is Western Maine Transportation Services Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Western Maine Transportation Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Western Maine Transportation Services Inc
Western Maine Transportation Services Inc (EIN: 10342356) is a nonprofit organization based in Auburn, ME, classified under NTEE code P52Z. The organization reported total revenue of $6.8M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Maine Transportation Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Maine Transportation Services Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $9.0M |
| Total Liabilities | $1.8M |
| Net Assets | $7.2M |
| Operating Margin | 19.0% |
| Debt-to-Asset Ratio | 19.5% |
| Months of Reserves | 15.7 months |
Financial Health Grade: A
In 2023, Western Maine Transportation Services Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 19.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Western Maine Transportation Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +18.5% | +22.1% |
| 2022 | +11.7% | +6.0% | +50.5% |
| 2021 | +29.1% | +16.5% | +27.5% |
| 2020 | +29.1% | +7.9% | +30.2% |
| 2019 | +6.7% | +9.8% | -6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Western Maine Transportation Services Inc 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, Western Maine Transportation Services 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries, which is highly favorable for a nonprofit of its size with revenues exceeding $8 million.
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 Western Maine Transportation Services Inc:
- Consistent revenue growth, nearly doubling from $4.2M in 2019 to $8.4M in 2023.
- Significant asset growth, increasing from $2.9M in 2019 to $8.9M in 2023.
- Zero reported officer compensation across all available filings, indicating high efficiency and transparency.
- Healthy financial reserves with assets significantly exceeding liabilities (e.g., $8.9M assets vs. $1.7M liabilities in 2023).
- Positive net income in most recent years, with revenue exceeding expenses (e.g., $8.4M revenue vs. $6.8M expenses in 2023).
Frequently Asked Questions about Western Maine Transportation Services Inc
Is Western Maine Transportation Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Maine Transportation Services Inc (EIN: 10342356) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Western Maine Transportation Services Inc spend its money?
Western Maine Transportation Services Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Western Maine Transportation Services Inc tax-deductible?
Western Maine Transportation Services Inc is registered as a tax-exempt nonprofit (EIN: 10342356). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Western Maine Transportation Services Inc CEO make?
Western Maine Transportation Services Inc's highest-compensated officer earns $8 annually. The organization reported $6.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Western Maine Transportation Services Inc's spending goes to programs?
Western Maine Transportation Services Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Western Maine Transportation Services Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Western Maine Transportation Services Inc is above average for NTEE category P52Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Western Maine Transportation Services Inc located?
Western Maine Transportation Services Inc is headquartered in Auburn, Maine and files with the IRS under EIN 10342356. It is classified under NTEE code P52Z.
How many years of IRS 990 filings does Western Maine Transportation Services Inc have?
Western Maine Transportation Services Inc 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 $6.8M in total revenue.
Is Western Maine Transportation Services Inc financially stable?
Yes, the organization appears financially stable. Its assets have grown significantly from $2,947,380 in 2019 to $8,989,378 in 2023, and revenue has consistently increased, demonstrating a strong financial position.
How does Western Maine Transportation Services Inc manage executive compensation?
The IRS 990 filings consistently report 'Officer Comp=0%' for all periods, suggesting that executive compensation is either non-existent or covered through other means not categorized as officer compensation, which is a positive indicator of resource allocation.
Has the organization's revenue been growing?
Yes, Western Maine Transportation Services Inc has shown strong revenue growth, increasing from $4,257,761 in 2019 to $8,486,225 in 2023, nearly doubling in five years.
Filing History
IRS 990 filing history for Western Maine Transportation Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Western Maine Transportation Services Inc's revenue has grown by 72.7%, moving from $4.9M to $8.5M. Total assets increased by 226.4% over the same period, from $2.8M to $9.0M. Total functional expenses rose by 38.3%, from $5.0M to $6.9M. In its most recent filing year (2023), Western Maine Transportation Services Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $9.0M in assets (debt-to-asset ratio: 19.5%), resulting in net assets of $7.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $6.9M | $9.0M | $1.8M | — | View 990 |
| 2022 | $7.9M | $5.8M | $7.4M | $1.7M | — | — |
| 2021 | $7.1M | $5.5M | $4.9M | $1.4M | — | View 990 |
| 2020 | $5.5M | $4.7M | $3.8M | $2.0M | — | View 990 |
| 2019 | $4.3M | $4.4M | $2.9M | $1.6M | — | View 990 |
| 2018 | $4.0M | $4.0M | $3.2M | $1.7M | — | View 990 |
| 2017 | $3.8M | $3.9M | $3.1M | $1.7M | — | View 990 |
| 2016 | $4.4M | $4.2M | $3.5M | $1.7M | — | View 990 |
| 2015 | $4.1M | $4.4M | $3.6M | $1.9M | — | View 990 |
| 2014 | $4.3M | $4.2M | $3.9M | $1.9M | — | View 990 |
| 2013 | $4.5M | $4.5M | $3.6M | $1.4M | — | View 990 |
| 2012 | $4.7M | $4.7M | $2.7M | $1.0M | — | View 990 |
| 2011 | $4.9M | $5.0M | $2.8M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $6.9M, and assets of $9.0M (revenue +7.0% year-over-year).
- 2022: Revenue of $7.9M, expenses of $5.8M, and assets of $7.4M (revenue +11.7% year-over-year).
- 2021: Revenue of $7.1M, expenses of $5.5M, and assets of $4.9M (revenue +29.1% year-over-year).
- 2020: Revenue of $5.5M, expenses of $4.7M, and assets of $3.8M (revenue +29.1% year-over-year).
- 2019: Revenue of $4.3M, expenses of $4.4M, and assets of $2.9M (revenue +6.7% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.0M, and assets of $3.2M (revenue +5.2% year-over-year).
- 2017: Revenue of $3.8M, expenses of $3.9M, and assets of $3.1M (revenue -12.9% year-over-year).
- 2016: Revenue of $4.4M, expenses of $4.2M, and assets of $3.5M (revenue +5.4% year-over-year).
- 2015: Revenue of $4.1M, expenses of $4.4M, and assets of $3.6M (revenue -3.8% year-over-year).
- 2014: Revenue of $4.3M, expenses of $4.2M, and assets of $3.9M (revenue -5.4% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.5M, and assets of $3.6M (revenue -3.5% year-over-year).
- 2012: Revenue of $4.7M, expenses of $4.7M, and assets of $2.7M (revenue -4.3% year-over-year).
- 2011: Revenue of $4.9M, expenses of $5.0M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Maine Transportation Services Inc:
Data Sources and Methodology
This transparency report for Western Maine Transportation Services 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.