Yale Club Of Maine

Yale Club Of Maine consistently spends more than it earns, relying on past reserves.

EIN: 10516058 · Surry, ME · NTEE: B84Z · Updated: 2026-03-28

$976Revenue

$6KAssets

65/100Mission Score (Good)

B84Z

About Yale Club Of Maine

Yale Club Of Maine (EIN: 10516058) is a nonprofit organization based in Surry, ME, classified under NTEE code B84Z. The organization reported total revenue of $976 and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yale Club Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Yale Club Of Maine operates on a very small scale, with recent annual revenues typically under $1,000, such as $981 in 2023 and $716 in 2022. Its financial health appears stable given its minimal operations, maintaining assets around $6,000, with no reported liabilities. However, the organization consistently spends more than it earns, with expenses of $3,424 against $981 in revenue in 2023, and $1,339 against $716 in 2022. This deficit spending suggests reliance on accumulated assets or prior periods of higher revenue, like the $3,857 in 2020, to cover ongoing costs.

Spending efficiency is difficult to fully assess without a detailed breakdown of expenses, but the consistent operating deficits are a point of concern for long-term sustainability if not addressed. Given its small size and volunteer-run nature (0% officer compensation), administrative costs are likely minimal, but the overall spending exceeds income. The organization's transparency is good in terms of filing its IRS 990s consistently, which is commendable for a small entity.

Overall, while the organization is transparent with its filings and has no liabilities, its consistent deficit spending, where expenses frequently outpace revenue, indicates a need for either increased fundraising or reduced expenditures to ensure financial stability over time. For example, in 2023, expenses were over 3.4 times its revenue.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Yale Club Of Maine with a Mission Score of 65 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Yale Club Of Maine allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating a volunteer-run organization, which is appropriate for its small size and revenue base.

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 Yale Club Of Maine's IRS 990 filings:

Consistent deficit spending, with expenses frequently exceeding revenue (e.g., $3,424 expenses vs. $981 revenue in 2023).
Declining asset base in recent years (e.g., from $8,748 in 2020 to $5,949 in 2023), potentially due to covering operating deficits.

Strengths

The following positive indicators were identified for Yale Club Of Maine:

Consistent IRS 990 filing history, demonstrating transparency.
No reported liabilities, indicating a debt-free financial position.
Volunteer-run with 0% officer compensation, suggesting efficient use of funds for its mission.

Frequently Asked Questions about Yale Club Of Maine

Is the Yale Club Of Maine financially sustainable?

The organization consistently spends more than it earns, with expenses of $3,424 against $981 in revenue in 2023, and $1,339 against $716 in 2022. While it has assets of around $6,000 and no liabilities, this pattern of deficit spending is not sustainable long-term without an increase in revenue or reduction in expenses.

What are the primary expenses for the Yale Club Of Maine?

Without detailed expense breakdowns in the provided data, it's difficult to pinpoint primary expenses. However, given its nature as a club, expenses likely include event costs, communication, and minimal administrative overhead.

How does the organization fund its operations given its revenue deficits?

The organization likely relies on accumulated reserves from periods of higher revenue, such as the $3,857 earned in 2020, or draws down on its existing asset base to cover the difference between its annual revenue and expenses.

Filing History

IRS 990 filing history for Yale Club Of Maine showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Yale Club Of Maine's revenue has grown by 33.5%, moving from $735 to $981. Total assets increased by 29.5% over the same period, from $5K to $6K. Total functional expenses rose by 180%, from $1K to $3K. In its most recent filing year (2023), Yale Club Of Maine reported a deficit of $2K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$981	$3K	$6K	$0	—	—
2022	$716	$1K	$8K	$0	—	View 990
2021	$181	$242	$9K	$0	—	—
2020	$4K	$351	$9K	$0	—	View 990
2019	$1	$541	$5K	$0	—	View 990
2018	$51	$0	$6K	$0	—	View 990
2017	$407	$289	$6K	$0	—	View 990
2016	$546	$727	$6K	$0	—	View 990
2015	$48	$-413	$6K	$0	—	View 990
2014	$438	$742	$6K	$0	—	—
2013	$2K	$912	$6K	$0	—	—
2012	$131	$948	$6K	$0	—	View 990
2011	$735	$1K	$5K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $981, expenses of $3K, and assets of $6K (revenue +37.0% year-over-year).
2022: Revenue of $716, expenses of $1K, and assets of $8K (revenue +295.6% year-over-year).
2021: Revenue of $181, expenses of $242, and assets of $9K (revenue -95.3% year-over-year).
2020: Revenue of $4K, expenses of $351, and assets of $9K (revenue +385600.0% year-over-year).
2019: Revenue of $1, expenses of $541, and assets of $5K (revenue -98.0% year-over-year).
2018: Revenue of $51, expenses of $0, and assets of $6K (revenue -87.5% year-over-year).
2017: Revenue of $407, expenses of $289, and assets of $6K (revenue -25.5% year-over-year).
2016: Revenue of $546, expenses of $727, and assets of $6K (revenue +1037.5% year-over-year).
2015: Revenue of $48, expenses of $-413, and assets of $6K (revenue -89.0% year-over-year).
2014: Revenue of $438, expenses of $742, and assets of $6K (revenue -73.9% year-over-year).
2013: Revenue of $2K, expenses of $912, and assets of $6K (revenue +1180.2% year-over-year).
2012: Revenue of $131, expenses of $948, and assets of $6K (revenue -82.2% year-over-year).
2011: Revenue of $735, expenses of $1K, and assets of $5K.

Data Sources and Methodology

This transparency report for Yale Club 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.