Maine Learning Innovations
Public records show a registered, tax-exempt organization in good standing.
What it says it does
MAINE VIRTUAL ACADEMY, AN ONLINE PUBLIC CHARTER SCHOOL, OFFERS MAINE STUDENTS IN GRADES 7-12 AN EXCEPTIONAL LEARNING EXPERIENCE. WITH INDIVIDUALIZED LEARNING APPROACHES, MAINE VIRTUAL ACADEMY PROVIDES THE TOOLS KIDS NEED TO SUCCEED - IN SCHOOL AND BEYOND.
- Income
- $5.8 million
- Spending
- $5.7 million
- Spent on programs
- 86%
- Reserves
- 7.1 months of spending
- Largest source of income
- government grants, 99%
- Employees
- 72
- Volunteers
- 5
- Highest pay
- $124,210, ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100. Higher than 67% of charities in its peer group (education, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 7.1 months of spending.
Debt
16 of 20It owes 17% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100. Higher than 63% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $4.9 million spent. MAINE VIRTUAL ACADEMY OFFERS APPROXIMATELY 440 MAINE STUDENTS IN GRADES 7-12 AN EXCEPTIONAL LEARNING EXPERIENCE. WITH INDIVIDUALIZED LEARNING APPROACHES, MAINE VIRTUAL ACADEMY PROVIDES THE TOOLS KIDS NEED TO SUCCEED - IN SCHOOL AND BEYOND. THE KEY TO OUR ONLINE SCHOOL IS THE COMBINATION OF DEEPLY INDIVIDUALIZED LEARNING AND FLEXIBLE SCHEDULING, DELIVERED THROUGH:-OUR EXPERIENCED HIGHLY QUALIFIED MAINE-CERTIFIED TEACHERS.-OUR ONLINE PLANNING AND ASSESSMENT TOOLS AND RESOURCES, AND HANDS-ON MATERIALS RANGING FROM TEXTBOOKS TO TELESCOPES, FROM ROCKS AND DIRT TO BEAUTIFULLY ILLUSTRATED CLASSIC CHILDREN'S STORIES, AND MUCH MORE.-OUR ACTIVE SUPPORTIVE SCHOOL COMMUNITY WHICH ORGANIZES FUN AND INFORMATIVE MONTHLY ACTIVITIES WHERE MAINE PARENTS, STUDENTS, AND STAFF CAN SOCIALIZE AND SHARE THEIR EXPERIENCES. -HIGH-QUALITY, TUITION-FREE PUBLIC EDUCATION THAT ENABLES A FOCUSED, CUSTOMIZED LEARNING EXPERIENCE FOR EACH STUDENT.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2014 for not filing returns for three years, and reinstated on May 15, 2015.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.