Quick charity verification for Bangor Police Relief Association (EIN: 10369983)
Verdict: Bangor Police Relief Association appears trustworthy
75/100Mission Score
$202KRevenue
$1.6MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed program expense breakdown in summary data
Unclear utilization strategy for significant and growing assets
Strengths
Consistent asset growth and strong financial stability
Zero reported liabilities across all filings
Volunteer-based leadership with 0% officer compensation, leading to low overhead
Expenses consistently lower than revenue, indicating fiscal prudence
Spending Breakdown
How Bangor Police Relief Association 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 Police Relief Association
Is Bangor Police Relief Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Bangor Police Relief Association (EIN: 10369983) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Bangor Police Relief Association a good charity to donate to?
Bangor Police Relief Association has a Mission Score of 75/100. Revenue: $202K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bangor Police Relief Association?
The Employer Identification Number (EIN) for Bangor Police Relief Association is 10369983. 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 Police Relief Association spend its money?
Bangor Police Relief Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bangor Police Relief Association's tax-exempt status?
You can verify Bangor Police Relief Association's tax-exempt status using EIN 10369983 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 Police Relief Association demonstrates consistent financial stability with growing assets over the past decade, reaching $1,205,138 in 2023. The organization consistently reports zero liabilities, indicating a very healthy balance sheet. Revenue has fluctuated, with a notable high of $100,790 in 2018 and $69,624 in 2023, while expenses have remained relatively low, often below $30,000 annually, suggesting efficient operations relative to their asset base. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership, which contributes to low administrative costs and high spending efficiency.
However, without detailed breakdowns of program service accomplishments or specific expense categories beyond the summary data, it's challenging to fully assess the impact and efficiency of their program spending. The organization's primary purpose, as implied by its name, is likely to support police officers, but the specific activities funded by the reported expenses are not clear from the provided data. The consistent accumulation of assets without a clear corresponding increase in expenses or program activities raises questions about the deployment of these funds.
Overall, the organization appears financially sound and operates with very low overhead due to its volunteer leadership. Transparency could be enhanced by providing more detailed information on program activities and how the accumulated assets are utilized to further its mission.