Civic Intelligence

Maine Composite Materials Applied

EIN 10-0003434 • 501(c)5 • Springvale, ME

Profile

NONE

510 Main StreetSpringvale, ME 04083

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)5 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)5 • <$500k nonprofits • Source year 2025

Net Margin

11th percentile

-31%

Higher net margin than 11% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2025

Top Officer Pay

73rd percentile

$7,500

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 122.0% of source-year revenue.

501(c)5 • <$500k nonprofits • Source year 2025

Asset Growth

34th percentile

-4.5%

Faster asset growth than 34% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

96th percentile

66%

Faster revenue growth than 96% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$42,715

Down $4,365 (-9.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$42,715

Down $4,365 (-9.3%) from 2023

Operations
Liabilities / Revenue60th percentileNet Margin11th percentile

Revenue

Up

$3,695

Up $149 (+4.2%) from 2023

Expenses

Flat

$8,060

Flat from 2023

Net Income

Up

-$4,365

Up $149 (+3.3%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2020: $67,060Liabilities 2020: $0Net Assets 2020: $67,0602020Assets 2021: $64,657Liabilities 2021: $0Net Assets 2021: $64,6572021Assets 2022: $51,594Liabilities 2022: $0Net Assets 2022: $51,5942022Assets 2023: $47,080Liabilities 2023: $0Net Assets 2023: $47,0802023Assets 2024: $42,715Liabilities 2024: $0Net Assets 2024: $42,7152024

Highlighted filing

2024

Assets$42,715
Liabilities$0
Net Assets$42,715
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$10K$0-$10K-$20KRevenue 2020: $1,372Expenses 2020: $9,911Net Income 2020: -$8,5392020Revenue 2021: $6,057Expenses 2021: $8,460Net Income 2021: -$2,4032021Revenue 2022: $1,152Expenses 2022: $14,215Net Income 2022: -$13,0632022Revenue 2023: $3,546Expenses 2023: $8,060Net Income 2023: -$4,5142023Revenue 2024: $3,695Expenses 2024: $8,060Net Income 2024: -$4,3652024

Highlighted filing

2024

Revenue$3,695
Expenses$8,060
Net Income-$4,365
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,715
Liabilities
$0
Net assets
$42,715
Revenue
$3,695
Expenses
$8,060
Net income
-$4,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$42.7$0.00$42.7$3.70$8.06$4.37
2023Detailed filing. Detailed filing data is available for this year.$47.1$0.00$47.1$3.55$8.06$4.51
2022Detailed filing. Detailed filing data is available for this year.$51.6$0.00$51.6$1.15$14.2$13.1
2021Detailed filing. Detailed filing data is available for this year.$64.7$0.00$64.7$6.06$8.46$2.40
2020Detailed filing. Detailed filing data is available for this year.$67.1$0.00$67.1$1.37$9.91$8.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.1
Gross Receipts
$7,546
Mission and Program Overview

Mission

NONE

To promote, help and create jobs in composite related fields.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$47,080$42,715▼ $4,365
Savings and Temporary Cash Investments$40,584$39,032▼ $1,552
Cash and Non-Interest-Bearing Accounts$6,496$3,683▼ $2,813
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$47,080$42,715▼ $4,365
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$47,080$42,715▼ $4,365
Total Liabilities and Net Assets / Fund Balance$47,080$42,715▼ $4,365

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$5,670$5,670
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleBaseTotal
Rick StanleyChairman, Secretary, Treas$7,500$7,500

Board Members and Trustees

NameTitle
Jake WardBoard Member
Robert CarrBoard Member
Stephen Von VogtBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,333
Other Revenue
$2,362
Change in Net Assets
$-4,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,500
Other Expenses$560
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$7,500-$7,500
Fees for Services Accounting-$350-$350
Other Expenses-$35-$35
Total Functional Expenses$0$8,060$0$8,060
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is made available to all members prior to its filing.”

Form 990, Part VI, Section C, Line 19

“All forms, minutes of meeting and other information as documented are kept at the secretary's place of business and made available to the public from 8:30 in the afternoon from monday thru friday of each week.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Rick stanley - 510 main street, springvale, me 04083. Jake ward - 5717 corbett hall rm 430, orono, me 04467. Stephen von vogt - 74 orion street, brunswick, me 04011. Robert carr - 9 grace lane, sanford, me 04073.”

Filing and Contact Details

Filer

Filer Name
Maine Composite Materials Applied
EIN
10-0003434
Phone
2073242816
Address
510 MAIN STREET, SPRINGVALE, ME 04083

Signing Officer

Name
Richard L Stanley
Title
President
Phone
2073244280
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard L Stanley
Formed
2001
Legal Domicile
Me
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Stanley Tax Services LLC
Address
250 MAIN STREET, SPRINGVALE, ME 04083
Preparer
Ronald B Demers
Phone
2073244241
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“Client currently has no fixed assets. As such has no equipment and or furniture.”

Raw XML Appendix281 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN, SECRETARY, TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04000
IRS990/GrossReceiptsAmt07546
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IRS990/LandBldgEquipAccumDeprecAmt05670
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt047080
IRS990/NetAssetsOrFundBalancesEOYAmt042715
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0149
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0149
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/ProgSrvcAccomActy2Grp/Desc0(2) HELP START UP FIRMS ATTAIN A COMPETETIVE POSITION NATIONALLY AND INTERNATIONALLY, IN APPLIED TECHNOLOGIES WITH COMPOSITE MATERIALS RELATED INDUSTRIES, AND AS A RESULT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RICK STANLEY - 510 MAIN STREET, SPRINGVALE, ME 04083. JAKE WARD - 5717 CORBETT HALL RM 430, ORONO, ME 04467. STEPHEN VON VOGT - 74 ORION STREET, BRUNSWICK, ME 04011. ROBERT CARR - 9 GRACE LANE, SANFORD, ME 04073.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD L STANLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02073244280
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAINE COMPOSITE MATERIALS APPLIED
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TECHNOLOGY DEVELOPMENT CENTER
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ReturnHeader/Filer/EIN0100003434
ReturnHeader/Filer/PhoneNum02073242816
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ReturnHeader/Filer/USAddress/CityNm0SPRINGVALE
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ReturnHeader/Filer/USAddress/ZIPCd004083
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0453908302
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STANLEY TAX SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0250 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGVALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004083
ReturnHeader/PreparerPersonGrp/PhoneNum02073244241
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD B DEMERS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-06T11:01:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)5 • <$500k nonprofits