Consistent asset growth, from $73,191 in 201505 to $1,082,898 in 202405.
Zero liabilities reported in recent periods (201605-201805, 202105-202405), indicating strong financial stability.
No officer compensation reported across all filings, maximizing funds for programs.
Significant revenue growth, from $63,879 in 201505 to $400,983 in 202405.
Efficient spending, with expenses consistently lower than revenue, allowing for asset accumulation.
Spending Breakdown
How Biddeford Food Pantry allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Biddeford Food Pantry
Is Biddeford Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, Biddeford Food Pantry (EIN: 10378369) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Biddeford Food Pantry a good charity to donate to?
Biddeford Food Pantry has a Mission Score of 95/100. Revenue: $406K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Biddeford Food Pantry?
The Employer Identification Number (EIN) for Biddeford Food Pantry is 10378369. 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 Biddeford Food Pantry spend its money?
Biddeford Food Pantry allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Biddeford Food Pantry's tax-exempt status?
You can verify Biddeford Food Pantry's tax-exempt status using EIN 10378369 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
Biddeford Food Pantry demonstrates strong financial health and efficient spending, particularly in recent years. The organization has consistently grown its assets, reaching $1,082,898 in the 202405 period, with zero liabilities, indicating excellent financial stability. Their revenue has also shown a positive trend, with the latest reported revenue at $400,983. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership model, which contributes to lower administrative costs and higher program efficiency.
The organization's spending efficiency is commendable. For instance, in the 202405 period, expenses were $285,333 against revenues of $400,983, showing a significant portion of funds available for future programs or asset growth. While specific program spending percentages aren't detailed in the provided data, the lack of officer compensation strongly implies that a substantial majority of expenses are directed towards their mission. The consistent growth in assets without incurring liabilities further underscores their prudent financial management and long-term sustainability.
Transparency appears high given the consistent filing of IRS 990s and the clear financial trajectory. The absence of officer compensation is a key indicator of a lean operational structure, which is often associated with higher donor confidence. The organization's ability to significantly increase its assets from $73,191 in 201505 to over $1 million by 202405, while maintaining zero liabilities in most recent years, reflects robust financial stewardship and a strong commitment to its mission.