Is Adoptive And Foster Families Of Maine…

Quick charity verification for Adoptive And Foster Families Of Maine Inc (EIN: 10515363)

Spending Breakdown

How Adoptive And Foster Families Of Maine Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Adoptive And Foster Families Of Maine Inc

Is Adoptive And Foster Families Of Maine Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Adoptive And Foster Families Of Maine Inc (EIN: 10515363) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.

Is Adoptive And Foster Families Of Maine Inc a good charity to donate to?

Adoptive And Foster Families Of Maine Inc has a Mission Score of 92/100. Revenue: $1.9M. Assets: $529K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Adoptive And Foster Families Of Maine Inc?

The Employer Identification Number (EIN) for Adoptive And Foster Families Of Maine Inc is 10515363. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Adoptive And Foster Families Of Maine Inc spend its money?

Adoptive And Foster Families Of Maine Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Adoptive And Foster Families Of Maine Inc's tax-exempt status?

You can verify Adoptive And Foster Families Of Maine Inc's tax-exempt status using EIN 10515363 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Adoptive And Foster Families Of Maine Inc demonstrates consistent financial growth and appears to maintain a healthy financial position. Over the past five years, revenue has steadily increased from $978,958 in 2019 to $1,746,253 in 2023, indicating growing support and operational capacity. The organization consistently operates with a surplus, as seen in the 2023 period where revenue of $1,746,253 exceeded expenses of $1,688,387, contributing to asset growth. Assets have grown significantly from $206,094 in 2019 to $373,619 in 2023, suggesting prudent financial management and accumulation of resources.

The organization's spending efficiency is commendable, with a strong focus on program delivery. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the consistent operational surpluses and asset growth suggest that a significant portion of funds is directed towards its mission. The absence of reported officer compensation across all available filings is a notable indicator of transparency and a commitment to directing resources to the mission rather than executive salaries. This practice enhances public trust and demonstrates a lean operational model.

Overall, Adoptive And Foster Families Of Maine Inc exhibits strong financial health, efficient resource utilization, and a high degree of transparency regarding executive compensation. The consistent growth in revenue and assets, coupled with the lack of reported officer compensation, paints a picture of a well-managed and mission-focused nonprofit.

Is Adoptive And Foster Families Of Maine Inc Legit?

Verdict: Adoptive And Foster Families Of Maine Inc appears trustworthy

Strengths