U S M Student Senate
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
U S M Student Senate is a 501(c)(3) organization based in Portland, Maine, registered in 1987, with $484,609 in FY2024 revenue. CharityIndex grades it B.
Po Box 9300, Portland, ME, 04104 EIN 22-2494572 Since 1987
Revenue (FY2024)
$485K
▼ 0.1% vs prior year
Expenses (FY2024)
$463K
Net assets
$281K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for U S M Student Senate— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For U S M Student Senate: 7 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for U S M Student Senate— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For U S M Student Senate: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $775K (FY2015) to $485K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7,151Net assets $281K
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$288K
Total liabilities
$7,151
Net assets
$281K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $484,609▼0.1% | $463,112▲3.1% | $280,500▲8.3% | $287,651▲8.4% | 990 |
| 2023 | $485,252▼23.3% | $449,031▼44.5% | $259,003▼65.3% | $265,368▼65.5% | 990 |
| 2022 | $632,990▼5.1% | $808,934▼5.0% | $746,094▼18.9% | $769,866▼18.4% | 990 |
| 2021 | $667,174▼7.9% | $851,889▲24.6% | $920,303▼17.1% | $942,969▼16.7% | 990 |
| 2020 | $724,442▼0.1% | $683,540▼3.8% | $1,109,964▲43.2% | $1,132,246▲44.2% | 990 |
| 2018 | $724,928▼4.1% | $710,477▼6.8% | $774,941▲2.0% | $785,362▲0.8% | 990 |
| 2017 | $756,095▼19.7% | $762,484▼4.4% | $759,515▼0.8% | $779,494▲1.7% | 990 |
| 2016 | $941,478▲21.5% | $797,975▲6.0% | $765,904▲23.1% | $766,312▲20.5% | 990 |
| 2015 | $774,624 | $752,532 | $622,401 | $636,040 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is U S M Student Senate a legitimate nonprofit?
- Yes. U S M Student Senate is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2494572, based in Portland, Maine. Donations are tax-deductible.
- What is U S M Student Senate's EIN?
- U S M Student Senate's Employer Identification Number (EIN) is 22-2494572.
- How much revenue does U S M Student Senate report?
- U S M Student Senate reported $484,609 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does U S M Student Senate have?
- CharityIndex grades U S M Student Senate B, based on financial health (reserves and operating margin).
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Data for U S M Student Senate (EIN 22-2494572) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.