Is Associated Faculties Of The University Of Maine Legit?
Quick charity verification for Associated Faculties Of The University Of Maine (EIN: 10375611)
Verdict: Associated Faculties Of The University Of Maine appears trustworthy
90/100Mission Score
$68KRevenue
$504KAssets
1Red Flags
5Strengths
Red Flags
No officer compensation reported, which could indicate volunteer leadership or compensation structured in a way not captured as 'officer compensation' on the 990, potentially obscuring full compensation details.
Strengths
Consistent financial surpluses, with revenues regularly exceeding expenses (e.g., $70,532 revenue vs. $44,435 expenses in 2023).
Strong asset growth over the past decade, from $180,935 in 2014 to $419,445 in 2023.
Very low and stable liabilities ($998 for many years), indicating minimal financial risk.
Zero reported officer compensation, suggesting a highly dedicated, potentially volunteer-based leadership.
How Associated Faculties Of The University 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 Associated Faculties Of The University Of Maine
Is Associated Faculties Of The University Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Associated Faculties Of The University Of Maine (EIN: 10375611) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Associated Faculties Of The University Of Maine a good charity to donate to?
Associated Faculties Of The University Of Maine has a Mission Score of 90/100. Revenue: $68K. Assets: $504K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Associated Faculties Of The University Of Maine?
The Employer Identification Number (EIN) for Associated Faculties Of The University Of Maine is 10375611. 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 Associated Faculties Of The University Of Maine spend its money?
Associated Faculties Of The University Of Maine allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Associated Faculties Of The University Of Maine's tax-exempt status?
You can verify Associated Faculties Of The University Of Maine's tax-exempt status using EIN 10375611 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
Associated Faculties Of The University Of Maine demonstrates consistent financial stability with a healthy growth in assets over the past decade, from $180,935 in 2014 to $419,445 in 2023. The organization consistently operates with a surplus, as evidenced by revenues generally exceeding expenses, such as $70,532 in revenue against $44,435 in expenses in 2023. This indicates effective financial management and a capacity to build reserves. The organization's liabilities have remained minimal and stable at $998 for many years, suggesting a low-risk financial profile.
Spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the absence of officer compensation and the nature of a faculty association. The consistent positive net income contributes to its growing asset base, which provides a buffer for future operations. The organization's transparency is high, as it consistently files its IRS Form 990, providing public access to its financial data.
Overall, Associated Faculties Of The University Of Maine exhibits sound financial health, prudent spending, and a commitment to transparency through its regular public filings. The consistent growth in assets, low liabilities, and positive operating margins are strong indicators of a well-managed and sustainable nonprofit.