Quick charity verification for Augusta Food Bank (EIN: 10545734)
Verdict: Augusta Food Bank appears trustworthy
92/100Mission Score
$3.1MRevenue
$1.7MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and substantial revenue growth over the past decade, from $134,276 in 2014 to $2,302,198 in 2023.
Zero reported officer compensation across all 13 filings, indicating highly efficient resource allocation.
Strong program spending ratio, with a significant majority of expenses directed towards its mission.
Healthy asset growth, from $99,448 in 2014 to $1,555,554 in 2023, demonstrating financial stability.
Consistent surplus generation, with revenues generally exceeding expenses, allowing for asset accumulation and future program expansion.
Spending Breakdown
How Augusta Food Bank allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Augusta Food Bank
Is Augusta Food Bank a legitimate charity?
Based on AI analysis of IRS 990 filings, Augusta Food Bank (EIN: 10545734) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Augusta Food Bank a good charity to donate to?
Augusta Food Bank has a Mission Score of 92/100. Revenue: $3.1M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Augusta Food Bank?
The Employer Identification Number (EIN) for Augusta Food Bank is 10545734. 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 Augusta Food Bank spend its money?
Augusta Food Bank allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Augusta Food Bank's tax-exempt status?
You can verify Augusta Food Bank's tax-exempt status using EIN 10545734 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
Augusta Food Bank demonstrates strong financial health and a clear commitment to its program services, as evidenced by its consistent growth in revenue and assets over the past decade. The organization has effectively managed its expenses, maintaining a healthy surplus in most years, which has contributed to its increasing asset base, reaching $1,555,554 in 2023. This growth suggests a well-managed operation capable of expanding its reach and impact within the community.
The organization's spending efficiency appears robust, with a significant portion of its expenditures directed towards its core mission of providing food assistance. The absence of reported officer compensation across all available filings is a notable indicator of efficient resource allocation and a strong volunteer or low-overhead leadership model, which directly benefits program delivery. This operational model enhances the organization's ability to maximize the impact of donor contributions.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods, with detailed financial breakdowns, indicates a commitment to public accountability. The clear financial trajectory and the lack of reported executive compensation contribute positively to its transparency profile, allowing stakeholders to easily assess its financial practices and dedication to its mission.