Maine Association of Professional Accountants
Nonprofit profile at a glance
- EIN
- 222492611
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Windham, ME, USA
- Phone
- 2078922234
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $92,965
- Expenses
- $106,585
- Assets
- $332,725
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- AMY LACAVERA EA (PRESIDENT)
- BRIAN CARLE CPA (VICE PRESIDENT)
People named in this filing
- MARCUS MCALLISTER EA (DIRECTOR)
- KEVIN BRUNELLE CPA (DIRECTOR)
- NICOLE CYR EA (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To elevate and maintain among its members a high standard of proficiency and integrity; to promote and to protect the interest of public accountants by encouraging improvements in the laws affecting accountancy; to cultivate a spirit of professional cooperation among its members; to establish goodwill and understanding between the general public and the public accounting profession throughout the state of Maine.
What it reported doing in 2024
The organization runs tax seminars to educate both members and non-members throughout the state where hundreds of people attend and increase their knowledge related to new and existing tax law.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -14.7%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 3.12; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 17% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: -3.5% per year; rating input score 0; 38th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $107K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Officer compensation ratio scored 11/100.