Maine Law Alumni Association
Nonprofit profile at a glance
- EIN
- 452231604
- IRS 990-EZ coverage
- 2012–2016
- Forms available
- Form 990-EZ 2016, Form 990-N 2011
- Location
- Portland, ME, USA
- Phone
- 2077804342
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $109,185
- Expenses
- $160,634
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- FRANK H BISHOP JR (PRESIDENT)
- TIMOTHY P MCCORMACK (VICE PRESIDENT)
People named in this filing
- FRANK H BISHOP JR (PRESIDENT)
- TIMOTHY P MCCORMACK (VICE PRESIDENT)
- DONNA RYAN (TREASURER)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support the university of Maine school of law by fostering communication and lasting relationships among the law school, alumni and the legal community, through annual and special fundraising activities, and by planning and supporting alumni and law student events.
What it reported doing in 2016
Distribute funds to the university of Maine law school for scholarships, fellowships and other operating expenses.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 9
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83.8%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -47.1%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: -9.2% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -23.1% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $135K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2012 to 2016
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.