Is Association Of Computer Technology Educators Of Maine Legit?
Quick charity verification for Association Of Computer Technology Educators Of Maine (EIN: 10491710)
Verdict: Association Of Computer Technology Educators Of Maine appears trustworthy
95/100Mission Score
$1.1MRevenue
$382KAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets, which could indicate conservative financial management or limited operational scale.
Lack of detailed breakdown for program vs. administrative expenses in the provided data, making precise efficiency calculations difficult without full 990 access.
Strengths
Consistent financial surpluses in most years, indicating sound financial management (e.g., 2023: $339,711 revenue vs. $315,077 expenses).
Zero reported officer compensation across all filings, suggesting a highly efficient and mission-focused use of funds.
Healthy asset base relative to liabilities, demonstrating financial stability (e.g., 2023: $475,032 assets vs. $67,390 liabilities).
Stable revenue streams over the past decade, indicating consistent support for its mission.
Strong transparency with consistent IRS 990 filings.
Spending Breakdown
How Association Of Computer Technology Educators Of Maine allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Association Of Computer Technology Educators Of Maine
Is Association Of Computer Technology Educators Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Computer Technology Educators Of Maine (EIN: 10491710) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Association Of Computer Technology Educators Of Maine a good charity to donate to?
Association Of Computer Technology Educators Of Maine has a Mission Score of 95/100. Revenue: $1.1M. Assets: $382K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Association Of Computer Technology Educators Of Maine?
The Employer Identification Number (EIN) for Association Of Computer Technology Educators Of Maine is 10491710. 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 Association Of Computer Technology Educators Of Maine spend its money?
Association Of Computer Technology Educators Of Maine allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Association Of Computer Technology Educators Of Maine's tax-exempt status?
You can verify Association Of Computer Technology Educators Of Maine's tax-exempt status using EIN 10491710 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 Association Of Computer Technology Educators Of Maine (ACTEM) demonstrates consistent financial health with a stable asset base and generally positive net income over the past decade. In the most recent filing (202306), ACTEM reported revenue of $339,711 against expenses of $315,077, resulting in a surplus. The organization's assets have fluctuated but remained robust, with $475,032 in assets and $67,390 in liabilities in 2023, indicating a healthy financial position.
ACTEM exhibits strong spending efficiency, particularly in its program delivery. With no reported officer compensation across all available filings, the organization appears to direct its resources primarily towards its mission. This lack of executive compensation is a significant indicator of efficient resource allocation and a focus on programmatic impact rather than administrative overhead.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s and the clear reporting of financial data, including zero officer compensation. This commitment to transparency, combined with a lean operational structure, suggests that ACTEM is a well-managed organization effectively utilizing its funds to achieve its educational objectives.