MAINE MEDICAL EDUCATION FOUNDATION Charity Report

Public IRS 990 nonprofit record

MAINE MEDICAL EDUCATION FOUNDATION

EIN 01-6017053

What they do

to GRANT LOANS to PROMISING STUDENTS of MEDICINE and for THE PURPOSE of MEDICAL EDUCATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.90 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

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

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

They name their leaders32 people are listed in the latest report.

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

Money made simple

235.68%of revenue went to mission work88.9% of expenses · Program services

$265.15spent for every $100 of revenueSpending was higher than revenue this year.

29.47%of revenue went to management and office costs11.1% of expenses

7.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $89,530 this year. Ask whether that was planned or caused by a one-time event.

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 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$54,212

Mission workProgram services$127,767235.68% of revenue88.9% of expenses

ManagementOffice and general costs$15,97529.47% of revenue11.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$143,742265.15% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2022CurrentExpense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 265.15% of revenue

2021Expense mix: 95.7% mission · 4.3% management · 0.0% fundraisingTotal expenses: 105.47% of revenue

2020Expense mix: 96.0% mission · 4.0% management · 0.0% fundraisingTotal expenses: 108.35% of revenue

2019Expense mix: 97.2% mission · 2.8% management · 0.0% fundraisingTotal expenses: 207.59% of revenue

2018Expense mix: 95.9% mission · 4.1% management · 0.0% fundraisingTotal expenses: 26.80% of revenue

2017Expense mix: 96.4% mission · 2.9% management · 0.7% fundraisingTotal expenses: 151.62% of revenue

2016Expense mix: 97.7% mission · 2.0% management · 0.2% fundraisingTotal expenses: 387.94% of revenue

Money in and money out

Revenue$54,212

Expenses$143,742

Annual shortfall $89,530 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$127,767 · 88.9% of expenses

Management and office costs$15,975 · 11.1% of expenses

See all reported dollar amounts

Revenue$54,212

Expenses$143,742

Contributions$4,100

Mission work (program services)$127,767

Management and general$15,975

Stocks and bonds$1,343,566

Accounting fees$13,700

Investing fees$11,966

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (32)

KAREN SAYLOR MDDIRECTOR

SUSAN WOODS MD MPHDIRECTOR

SCOTT SCHIFF-SLATER MDDIRECTOR

SAMUELA MANAGES MDDIRECTOR

ROBERT SCHLAGER MDDIRECTOR

RAYMOND HICKS MDDIRECTOR

R SCOTT HANSON MDBOARD CHAIR

PAUL CAIN MDPRESIDENT EL

PATRICK KILLORAN MDDIRECTOR

NATHANIEL MEYER STUDENTDIRECTOR

MINDA GOLD MDDIRECTOR

MICHAEL L PARKER MDTREASURER

MARYN KANTER MDDIRECTOR

MAROULLA GLEATON MDDIRECTOR

MADISON OXLEY STUDENTDIRECTOR

KENJI SAITO MD JDDIRECTOR

ALEXANDRA BARR DODIRECTOR

JONATHAN MERSERVE MDDIRECTOR

JIMS JEAN- JACQUES DO FACCDIRECTOR

JENNIFER WEINER-SMITH MDDIRECTOR

JEFFREY BARKIN MDDIRECTOR

JAY MULLEN MDDIRECTOR

JAMES JARVIS MDDIRECTOR

HENK GOORHUIS MDDIRECTOR

HANI JARAWAN MDDIRECTOR

ERIK STEELE DOPRESIDENT

ELISABETH WILSON HPEDDIRECTOR

DIETER KRECKEL MDDIRECTOR

CHARLES PATTAVINA MDDIRECTOR

ANDREW MACLEANCEO

AMY MADDEN MDDIRECTOR

AMELIA KEANE STUDENTDIRECTOR

About this charity

Location: PO BOX 190, MANCHESTER, ME 043510190
County: Kennebec
In care of: ANDREW MACLEAN
Primary officer: ANDREW MACLEAN, CEO

How to reach them

Phone(207) 622-3374

Filing and classification

Latest tax year: 2022
Tax period began: January 1, 2022
Return type: 990
Tax preparer: THE SWANSON GROUP LLC