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MAINE TECHNOLOGY INSTITUTE

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Public IRS 990 nonprofit record

MAINE TECHNOLOGY INSTITUTE

EIN 01-0529871 · Charter Schools (B29)

No paid report availableWe do not sell postcard or incomplete reports.

What they do

The Institute, Through A Public and Private Partnership, Shall Encourage, Promote, Stimulate and Support Research and Development Activity Leading to The Commercialization of New Products and Services In Maines Technology-intensive Industrial Sectors to Enhance The Competitive Position of Those Sectors and Increase The Likelihood That One or More of The Sectors Will Support Clusters of Industrial Activity and to Create New Jobs for Maine People. The Institute is One Element of Maines Economic Development Strategy and Will Contribute to The Long-term Development of A Statewide Research, Development and Product Deployment Infrastructure.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $95.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.5%of expenses went to mission workForm 990 program services
4.5%of expenses went to managementOffice and general costs

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A quick look at the charity’s latest reported finances. The available records are too limited for us to sell a complete report.

Revenue$30,490,647
Expenses$29,947,461
Assets$22,477,274

How reported expenses were divided

This free view shows the broad spending mix. Exact dollar amounts and revenue comparisons are included in the complete report.

Mission workProgram services95.5%of expenses
ManagementOffice and general costs4.5%of expenses
FundraisingAsking for donations0.0%of expenses

Mission work is the Form 990 category called program services. These are the organization’s reported accounting categories, not an independent measure of results.

About this charity

Recognized since
January 2004
Location
16 MIDDLE ST STE 201, PORTLAND, ME 04101-5163
County
Cumberland
In care of
% JNET YANCY-WRONA - PHD

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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