New England School of Metalwork
Nonprofit profile at a glance
- EIN
- 200103372
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Auburn, ME, USA
- Phone
- 2077773375
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Vocational, Technical Schools
Reported finances
- Revenue
- $660,729
- Expenses
- $650,791
- Assets
- $1,293,711
- Liabilities
- $178,801
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Dereck Glaser (President, Executive Director)
Highest reported compensation
- Quinn Gerrish (Director): $96,957 total reported compensation
- Dereck Glaser (President, Executive Director): $95,663 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The New England School of Metalwork is a 501(c)(3) nonprofit educational facility dedicated to creating the most comfortable and motivating atmosphere possible for students to absorb knowledge in order to obtain mastery of their craft. We strive to expose students to the widest variety of processes through a diverse selection of instructors. We pride ourselves in offering students and instructors the broadest range of tooling and equipment possible. We feel that the more craftsmen are educated in their field, the more efficiently and safely they can work. This raises the level of productivity as well as the quality of the work, thus offering the public a better service with a higher profitability to the craftsman.
What it reported doing in 2025
The New England School of Metalwork is dedicated to creating the most comfortable and motivating atmosphere possible for students to absorb knowledge in order to obtain mastery of their craft. We strive to expose students to the widest variety of processes through a diverse selection of instructors. We pride ourselves in offering students and instructors the broadest range of tooling and equipment possible. We feel that the more craftsmen are educated in their field, the more efficiently and safely they can work. This raises their level of productivity as well as the quality of their work, thus offering the public a better service with a higher profitability to the craftsman.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 92
- Accountability: 73
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.7%; rating input score 81
- Program expense ratio: 82.4%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 71.4%; rating input score 71; 18th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.5%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 1.99; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 29.6%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 19th percentile among comparable filings
- Revenue growth: 2.2% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 80.7% of revenue deployed · 82.4% of spending went to programs
- Governance: 5 of 7 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $536K in reported program spending
- Leadership: top reported pay $97K · 7 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 16 filing years from 2010 to 2025
- 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.
- Moderate — Sustainability: Operating margin scored 35/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.