Is Bangor Childrens Home Legit?

Strengths

Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive overhead.
Strong and stable asset base, consistently above $1.6 million, providing financial resilience.
Consistent IRS 990 filing history (13 filings), demonstrating good transparency and compliance.
Zero reported liabilities in most recent periods (202308, 202208, 202108, 201908, 201808, 201708, 201608), indicating sound debt management.

Spending Breakdown

How Bangor Childrens Home allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Bangor Childrens Home

Is Bangor Childrens Home a legitimate charity?

Based on AI analysis of IRS 990 filings, Bangor Childrens Home (EIN: 10211481) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Bangor Childrens Home a good charity to donate to?

Bangor Childrens Home has a Mission Score of 85/100. Revenue: $1.3M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bangor Childrens Home?

The Employer Identification Number (EIN) for Bangor Childrens Home is 10211481. 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 Bangor Childrens Home spend its money?

Bangor Childrens Home allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bangor Childrens Home's tax-exempt status?

You can verify Bangor Childrens Home's tax-exempt status using EIN 10211481 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

Bangor Childrens Home demonstrates a consistent operational history with revenues generally fluctuating around the $900,000 to $1 million mark in recent years, though the latest reported revenue is $1,265,453. The organization has maintained a healthy asset base, consistently above $1.6 million, with the latest reported assets at $1,714,934. A notable strength is the consistent reporting of zero officer compensation across all available filings, indicating a volunteer-led or very lean executive structure, which can contribute to lower administrative costs and higher program spending efficiency. However, the organization has experienced periods where expenses exceeded revenue, such as in 202308 ($971,807 expenses vs. $922,572 revenue) and 202208 ($1,047,635 expenses vs. $959,641 revenue), which could lead to drawing down reserves if not balanced over time. The absence of reported liabilities in most recent periods suggests good financial management regarding debt.

While the filings consistently show zero officer compensation, a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, making a precise assessment of spending efficiency challenging without deeper analysis of the full 990 forms. However, the lack of executive compensation is a strong indicator of potential efficiency. The organization's consistent filing history and the absence of significant liabilities point to a stable, if sometimes deficit-operating, entity. The NTEE code B21Z (Residential Care for Children) suggests a direct service model, which typically incurs substantial program costs.

Overall, Bangor Childrens Home appears to be a financially stable organization with a strong asset base and a commendable commitment to minimizing executive compensation. The occasional operating deficits warrant monitoring, but the overall picture suggests a well-managed entity focused on its mission. Transparency is good through consistent 990 filings, and the zero officer compensation is a positive sign for donor confidence.

Verdict: Bangor Childrens Home appears trustworthy

Red Flags