How Bangor Masonic Foundation 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 Bangor Masonic Foundation
Is Bangor Masonic Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bangor Masonic Foundation (EIN: 205384293) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Bangor Masonic Foundation a good charity to donate to?
Bangor Masonic Foundation has a Mission Score of 92/100. Revenue: $207K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bangor Masonic Foundation?
The Employer Identification Number (EIN) for Bangor Masonic Foundation is 205384293. 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 Masonic Foundation spend its money?
Bangor Masonic Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bangor Masonic Foundation's tax-exempt status?
You can verify Bangor Masonic Foundation's tax-exempt status using EIN 205384293 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 Bangor Masonic Foundation demonstrates a consistent financial position with substantial assets, averaging over $1.6 million in recent years, and no reported liabilities, indicating strong fiscal stability. The organization's revenue has fluctuated, with a notable increase to $369,042 in 2023, significantly higher than previous years' average of around $130,000. Expenses have generally remained below revenue in recent periods, particularly in 2023 where expenses were $174,303 against $369,042 in revenue, allowing for asset growth. The foundation's transparency is bolstered by its consistent filing of IRS Form 990s, and the absence of officer compensation further enhances its image of efficient resource allocation. While specific program spending details are not provided in the summary data, the overall financial health appears robust, with a clear capacity to support its mission.