Quick charity verification for Boothbay Region Land Trust Inc (EIN: 10371869)
Verdict: Boothbay Region Land Trust Inc appears trustworthy
90/100Mission Score
$3.3MRevenue
$23.9MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency analysis.
Strengths
Consistent asset growth, from $6.9M in 2014 to $19.6M in 2023.
Expenses consistently well below revenue, indicating good financial management.
Reported 0% officer compensation across all filings, suggesting volunteer leadership or efficient compensation practices.
Strong financial reserves with assets significantly exceeding liabilities.
Spending Breakdown
How Boothbay Region Land Trust Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Boothbay Region Land Trust Inc
Is Boothbay Region Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boothbay Region Land Trust Inc (EIN: 10371869) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Boothbay Region Land Trust Inc a good charity to donate to?
Boothbay Region Land Trust Inc has a Mission Score of 90/100. Revenue: $3.3M. Assets: $23.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boothbay Region Land Trust Inc?
The Employer Identification Number (EIN) for Boothbay Region Land Trust Inc is 10371869. 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 Boothbay Region Land Trust Inc spend its money?
Boothbay Region Land Trust Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boothbay Region Land Trust Inc's tax-exempt status?
You can verify Boothbay Region Land Trust Inc's tax-exempt status using EIN 10371869 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
Boothbay Region Land Trust Inc demonstrates strong financial health, consistently growing its assets over the past decade, from $6.9 million in 2014 to $19.6 million in 2023. The organization's revenue has shown significant fluctuations, with a peak of $3.9 million in 2022 and $3.2 million in the latest reported period, indicating reliance on substantial contributions or grants. Their spending efficiency appears robust, with expenses generally well below revenue, allowing for asset accumulation. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led executive structure or that compensation is not reported in this specific field, which enhances perceived transparency regarding executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.