Zero reported officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
Steady growth in assets over the past decade, from $42,349 in 201506 to $85,998 in 202406.
Low liabilities relative to assets (e.g., 202406: Liabilities $8,150 vs. Assets $85,998), indicating strong financial health.
Spending Breakdown
How American Council Of Engineering Companies Of Maine allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 American Council Of Engineering Companies Of Maine
Is American Council Of Engineering Companies Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, American Council Of Engineering Companies Of Maine (EIN: 10414899) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is American Council Of Engineering Companies Of Maine a good charity to donate to?
American Council Of Engineering Companies Of Maine has a Mission Score of 90/100. Revenue: $169K. Assets: $91K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Council Of Engineering Companies Of Maine?
The Employer Identification Number (EIN) for American Council Of Engineering Companies Of Maine is 10414899. 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 American Council Of Engineering Companies Of Maine spend its money?
American Council Of Engineering Companies Of Maine allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Council Of Engineering Companies Of Maine's tax-exempt status?
You can verify American Council Of Engineering Companies Of Maine's tax-exempt status using EIN 10414899 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
The American Council Of Engineering Companies Of Maine demonstrates consistent financial management, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in the 202406 period, the organization reported revenue of $222,006 against expenses of $201,007, indicating a surplus. The organization's assets have shown steady growth, reaching $85,998 in the latest filing, which suggests prudent financial stewardship. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, enhancing its transparency and public trust.
While specific program spending details are not provided in the summary data, the overall financial health appears stable. The organization consistently maintains a healthy asset base relative to its annual revenue, providing a buffer for operations. The absence of officer compensation is a significant positive indicator of financial efficiency and transparency, as it implies that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for a nonprofit of this size.
Overall, the American Council Of Engineering Companies Of Maine appears to be a financially sound and transparent organization. Its consistent financial reporting, growth in assets, and lack of reported officer compensation contribute to a positive assessment of its financial health and operational integrity. The organization's ability to manage expenses effectively while growing its asset base suggests a well-managed entity.