Quick charity verification for Atlantic Volunteer Engine Co Inc (EIN: 10450687)
Verdict: Atlantic Volunteer Engine Co Inc appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Latest reported revenue and assets are $0, indicating a potential significant change in operational status not explained by historical data.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes precise efficiency analysis difficult.
Strengths
Consistent financial stability with healthy asset levels (e.g., $280,391 in 2016) and no reported liabilities over multiple years.
Zero officer compensation across all reported periods, indicating a volunteer-led and highly efficient leadership structure.
Historically low and well-managed expenses relative to assets, suggesting prudent financial management.
Generally positive net income in most years, contributing to asset growth.
Spending Breakdown
How Atlantic Volunteer Engine Co Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Atlantic Volunteer Engine Co Inc
Is Atlantic Volunteer Engine Co Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Volunteer Engine Co Inc (EIN: 10450687) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Atlantic Volunteer Engine Co Inc a good charity to donate to?
Atlantic Volunteer Engine Co Inc has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Atlantic Volunteer Engine Co Inc?
The Employer Identification Number (EIN) for Atlantic Volunteer Engine Co Inc is 10450687. 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 Atlantic Volunteer Engine Co Inc spend its money?
Atlantic Volunteer Engine Co Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Atlantic Volunteer Engine Co Inc's tax-exempt status?
You can verify Atlantic Volunteer Engine Co Inc's tax-exempt status using EIN 10450687 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
Atlantic Volunteer Engine Co Inc appears to be a small, community-focused organization with a consistent history of low expenses relative to its asset base. Over the past six years, the organization has maintained a healthy asset level, averaging over $266,000, with no reported liabilities, indicating strong financial stability. However, the latest reported revenue of $0 and assets of $0 for the most recent period (not detailed in the provided filing history but mentioned in the prompt) suggests a significant change or potential dormancy, which warrants further investigation. The historical data shows that the organization has generally operated with a surplus, with revenues often exceeding expenses, contributing to its asset growth.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistently low total expenses, ranging from $11,139 to $25,196 annually, suggest a lean operation. The absence of officer compensation across all reported periods indicates that leadership is likely volunteer-based, which is a positive sign for resource allocation directly to mission-related activities. The lack of detailed expense categories in the provided data limits a precise evaluation of program spending versus overhead.
Transparency, based solely on the provided data, is moderate. While the filing history is available, the absence of officer compensation and the relatively stable financial picture are positive indicators. However, without more granular expense data or information regarding the nature of their programs, a comprehensive assessment of their operational transparency and impact is challenging. The sudden drop to $0 revenue and assets in the latest period (as per the prompt's initial data) is a critical point that would require further inquiry to understand the organization's current status.