Maine Pellet Fuels Association
Nonprofit profile at a glance
- EIN
- 263094353
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Portland, ME, USA
- Phone
- 2077521392
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $15,489
- Expenses
- $31,112
- Assets
- $94,757
- 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
- Tony Wood (President)
- Robert Linkletter (Vice President)
People named in this filing
- Tony Wood (President)
- Robert Linkletter (Vice President)
- Matt Bell (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Maine Pellet Fuels Association works with it members and public and non-profit organizations to promote modern wood heating.
What it reported doing in 2024
1. With a previously reported $100,000 grant received from Maine State government, persons viewing the online advertising for pellet heating were provided with the ability to obtain a discount on their purchase of pellets at participating retailers. This approach proved successful and the timeline for the grant was extended through May of 2026. Details in terms of retailers participating and heating customers served will be provided in the 2025-26 Form 990-EZ. 2. Our Association partnered with the Professional Logging Contractors of New England in publishing several newspaper columns promoting modern wood heating as a beneficial usage of Maine's vast forest resources. 3. Our Association's members hosted a number of activities at popular events (e.g. regional fairs) promoting modern wood heating.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- 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. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 34
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.2%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -100.9%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 3.05; 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: 40.2%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 93.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $29K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 8/100.
- High — Sustainability: Officer compensation ratio scored 4/100.