World Affairs Council Of Maine
World Affairs Council Of Maine maintains stable operations with volunteer leadership despite recent deficit spending.
EIN: 10365691 · Portland, ME · NTEE: Q050 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $130K |
| Program Spending | 85% |
| Net Assets | $67K |
| Transparency Score | 88/100 |
Is World Affairs Council Of Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Affairs Council Of Maine directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Affairs Council Of Maine
World Affairs Council Of Maine (EIN: 10365691) is a nonprofit organization based in Portland, ME, classified under NTEE code Q050. The organization reported total revenue of $121K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Affairs Council Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Affairs Council Of Maine is a small nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $130K |
| Surplus / Deficit | $-11,681 |
| Total Assets | $67K |
| Total Liabilities | $355 |
| Net Assets | $67K |
| Operating Margin | -9.9% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2023, World Affairs Council Of Maine reported a deficit of $12K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), World Affairs Council Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | +27.6% | -16.6% |
| 2022 | +36.5% | +122.5% | +0.9% |
| 2021 | +6.4% | -1.3% | +51.6% |
| 2020 | -25.8% | -46.9% | +64.5% |
| 2019 | +32.3% | +9.9% | +27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 World Affairs Council Of Maine with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, World Affairs Council Of Maine allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This significantly reduces administrative costs for an organization of its size, allowing more resources to be directed towards its 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.
Red Flags
The following concerns were identified during AI analysis of World Affairs Council Of Maine's IRS 990 filings:
- Recent periods of deficit spending (e.g., 202306 and 202206) where expenses exceeded revenue.
- Declining asset base in the most recent periods from a high of $80,687 in 202206 to $42,408 currently.
Strengths
The following positive indicators were identified for World Affairs Council Of Maine:
- Consistent 0% officer compensation, indicating a volunteer-driven leadership and efficient use of funds.
- Strong program focus, with a high percentage of spending likely directed towards mission-related activities.
- Long history of IRS 990 filings (12 filings), demonstrating transparency and consistent operation.
- Maintains a positive asset base despite revenue fluctuations and occasional deficit spending.
Frequently Asked Questions about World Affairs Council Of Maine
Is World Affairs Council Of Maine a legitimate charity?
World Affairs Council Of Maine (EIN: 10365691) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 88/100. It has 12 years of IRS 990 filings on record. Total revenue: $121K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does World Affairs Council Of Maine spend its money?
World Affairs Council Of Maine directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to World Affairs Council Of Maine tax-deductible?
World Affairs Council Of Maine is registered as a tax-exempt nonprofit (EIN: 10365691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of World Affairs Council Of Maine's spending goes to programs?
World Affairs Council Of Maine directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does World Affairs Council Of Maine compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), World Affairs Council Of Maine is above average for NTEE category Q050 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is World Affairs Council Of Maine located?
World Affairs Council Of Maine is headquartered in Portland, Maine and files with the IRS under EIN 10365691. It is classified under NTEE code Q050.
How many years of IRS 990 filings does World Affairs Council Of Maine have?
World Affairs Council Of Maine has 12 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 $121K in total revenue.
Is World Affairs Council Of Maine a good charity?
Based on the available data, the World Affairs Council Of Maine appears to be a good charity. It demonstrates strong program focus, zero officer compensation, and consistent financial reporting. While it has experienced some deficit spending in recent years (e.g., 202306 and 202206), its overall financial health and commitment to its mission are positive.
How does the organization manage its finances given periods of deficit spending?
The organization has experienced periods where expenses exceeded revenue, such as in 202306 ($130,168 expenses vs. $118,487 revenue) and 202206 ($101,996 expenses vs. $100,610 revenue). Despite this, it has maintained a positive asset base, suggesting it draws from reserves or manages cash flow effectively to cover shortfalls. The consistent 0% officer compensation helps mitigate overall expense levels.
What is the trend in the organization's assets?
The organization's assets have fluctuated. They peaked at $80,687 in 202206 and $80,005 in 202106, but decreased to $67,331 in 202306 and are currently $42,408. This indicates some draw-down on reserves in recent periods, likely due to the deficit spending observed.
Filing History
IRS 990 filing history for World Affairs Council Of Maine showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), World Affairs Council Of Maine's revenue has grown by 48.6%, moving from $80K to $118K. Total assets increased by 95.7% over the same period, from $34K to $67K. Total functional expenses rose by 95.2%, from $67K to $130K. In its most recent filing year (2023), World Affairs Council Of Maine reported a deficit of $12K, with expenses exceeding revenue. The organization holds $355 in liabilities against $67K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $130K | $67K | $355 | — | View 990 |
| 2022 | $101K | $102K | $81K | $2K | — | View 990 |
| 2021 | $74K | $46K | $80K | $0 | — | View 990 |
| 2020 | $69K | $46K | $53K | $1K | — | View 990 |
| 2019 | $93K | $87K | $32K | $3K | — | View 990 |
| 2018 | $71K | $80K | $25K | $2K | — | View 990 |
| 2017 | $74K | $77K | $34K | $2K | — | View 990 |
| 2016 | $79K | $79K | $35K | $362 | — | View 990 |
| 2015 | $101K | $97K | $38K | $3K | — | View 990 |
| 2014 | $73K | $74K | $33K | $3K | — | View 990 |
| 2013 | $73K | $73K | $34K | $3K | — | View 990 |
| 2012 | $80K | $67K | $34K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $130K, and assets of $67K (revenue +17.8% year-over-year).
- 2022: Revenue of $101K, expenses of $102K, and assets of $81K (revenue +36.5% year-over-year).
- 2021: Revenue of $74K, expenses of $46K, and assets of $80K (revenue +6.4% year-over-year).
- 2020: Revenue of $69K, expenses of $46K, and assets of $53K (revenue -25.8% year-over-year).
- 2019: Revenue of $93K, expenses of $87K, and assets of $32K (revenue +32.3% year-over-year).
- 2018: Revenue of $71K, expenses of $80K, and assets of $25K (revenue -4.3% year-over-year).
- 2017: Revenue of $74K, expenses of $77K, and assets of $34K (revenue -6.6% year-over-year).
- 2016: Revenue of $79K, expenses of $79K, and assets of $35K (revenue -21.6% year-over-year).
- 2015: Revenue of $101K, expenses of $97K, and assets of $38K (revenue +37.6% year-over-year).
- 2014: Revenue of $73K, expenses of $74K, and assets of $33K (revenue +0.5% year-over-year).
- 2013: Revenue of $73K, expenses of $73K, and assets of $34K (revenue -8.6% year-over-year).
- 2012: Revenue of $80K, expenses of $67K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Affairs Council Of Maine:
Data Sources and Methodology
This transparency report for World Affairs Council 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.