Workers Compensation Coordinating Council
Workers Compensation Coordinating Council maintains strong asset base and zero liabilities with no executive compensation.
EIN: 10489601 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $36K |
| Program Spending | 90% |
| Net Assets | $98K |
| Transparency Score | 90/100 |
Is Workers Compensation Coordinating Council Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Workers Compensation Coordinating Council directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Workers Compensation Coordinating Council
Workers Compensation Coordinating Council (EIN: 10489601) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $28K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Workers Compensation Coordinating Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Workers Compensation Coordinating Council is a micro 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 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $36K |
| Surplus / Deficit | +$11K |
| Total Assets | $98K |
| Net Assets | $98K |
| Operating Margin | 22.5% |
| Months of Reserves | 32.6 months |
Financial Health Grade: A
In 2023, Workers Compensation Coordinating Council reported a surplus of $11K with revenue exceeding expenses, holds 32.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Workers Compensation Coordinating Council's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +3.6% | +12.0% |
| 2022 | +50.0% | +2.3% | +8.7% |
| 2021 | -20.4% | -3.9% | -7.2% |
| 2020 | -27.0% | +7.8% | -0.5% |
| 2019 | +26.0% | -0.3% | +20.9% |
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 Workers Compensation Coordinating Council 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, Workers Compensation Coordinating Council 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly efficient for an organization 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.
Strengths
The following positive indicators were identified for Workers Compensation Coordinating Council:
- Consistent zero liabilities across all filings, indicating strong financial health.
- No reported officer compensation, suggesting highly efficient use of funds.
- Growing asset base over time, from $62,208 in 2014 to $98,416 in 2023, demonstrating financial stability.
- Expenses generally align with or are slightly below revenue in most years, preventing significant deficits.
Frequently Asked Questions about Workers Compensation Coordinating Council
Is Workers Compensation Coordinating Council a legitimate charity?
Workers Compensation Coordinating Council (EIN: 10489601) 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: $28K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Workers Compensation Coordinating Council spend its money?
Workers Compensation Coordinating Council directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Workers Compensation Coordinating Council tax-deductible?
Workers Compensation Coordinating Council is registered as a tax-exempt nonprofit (EIN: 10489601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Workers Compensation Coordinating Council located?
Workers Compensation Coordinating Council is headquartered in Augusta, Maine and files with the IRS under EIN 10489601.
How many years of IRS 990 filings does Workers Compensation Coordinating Council have?
Workers Compensation Coordinating Council 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 $28K in total revenue.
Is Workers Compensation Coordinating Council a good charity?
Based on the available financial data, the Workers Compensation Coordinating Council appears to be a well-managed organization. It consistently maintains zero liabilities and has no reported officer compensation, indicating efficient use of funds and strong financial health. Its asset growth over time also suggests good stewardship.
How does the organization manage its finances?
The organization manages its finances conservatively, consistently holding zero liabilities and building its asset base over time, from $62,208 in 2014 to $98,416 in 2023. This indicates a focus on financial stability and avoiding debt.
What is the trend in the organization's revenue?
The organization's revenue has fluctuated, with a low of $20,284 in 2017 and a high of $48,186 in 2019. The latest reported revenue for 2023 was $46,826, showing a recent increase from previous years.
Filing History
IRS 990 filing history for Workers Compensation Coordinating Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Workers Compensation Coordinating Council's revenue has grown by 100.5%, moving from $23K to $47K. Total assets increased by 42.5% over the same period, from $69K to $98K. Total functional expenses fell by 17.4%, from $44K to $36K. In its most recent filing year (2023), Workers Compensation Coordinating Council reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $36K | $98K | $0 | — | — |
| 2022 | $42K | $35K | $88K | $0 | — | — |
| 2021 | $28K | $34K | $81K | $0 | — | — |
| 2020 | $35K | $36K | $87K | $0 | — | View 990 |
| 2019 | $48K | $33K | $88K | $0 | — | View 990 |
| 2018 | $38K | $33K | $72K | $0 | — | View 990 |
| 2017 | $20K | $31K | $67K | $0 | — | View 990 |
| 2016 | $40K | $32K | $78K | $0 | — | View 990 |
| 2015 | $46K | $37K | $71K | $0 | — | View 990 |
| 2014 | $26K | $37K | $62K | $0 | — | View 990 |
| 2013 | $38K | $37K | $73K | $0 | — | View 990 |
| 2012 | $41K | $38K | $72K | $0 | — | View 990 |
| 2011 | $23K | $44K | $69K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $36K, and assets of $98K (revenue +11.4% year-over-year).
- 2022: Revenue of $42K, expenses of $35K, and assets of $88K (revenue +50.0% year-over-year).
- 2021: Revenue of $28K, expenses of $34K, and assets of $81K (revenue -20.4% year-over-year).
- 2020: Revenue of $35K, expenses of $36K, and assets of $87K (revenue -27.0% year-over-year).
- 2019: Revenue of $48K, expenses of $33K, and assets of $88K (revenue +26.0% year-over-year).
- 2018: Revenue of $38K, expenses of $33K, and assets of $72K (revenue +88.6% year-over-year).
- 2017: Revenue of $20K, expenses of $31K, and assets of $67K (revenue -48.7% year-over-year).
- 2016: Revenue of $40K, expenses of $32K, and assets of $78K (revenue -13.8% year-over-year).
- 2015: Revenue of $46K, expenses of $37K, and assets of $71K (revenue +75.3% year-over-year).
- 2014: Revenue of $26K, expenses of $37K, and assets of $62K (revenue -31.4% year-over-year).
- 2013: Revenue of $38K, expenses of $37K, and assets of $73K (revenue -7.2% year-over-year).
- 2012: Revenue of $41K, expenses of $38K, and assets of $72K (revenue +75.8% year-over-year).
- 2011: Revenue of $23K, expenses of $44K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Workers Compensation Coordinating Council:
Data Sources and Methodology
This transparency report for Workers Compensation Coordinating Council 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.