Quick charity verification for Bridgton Academy (EIN: 10221344)
Verdict: Bridgton Academy appears trustworthy
75/100Mission Score
$10.8MRevenue
$20.0MAssets
2Red Flags
4Strengths
Red Flags
Consistent reporting of 0% officer compensation, which may obscure actual executive pay if reported elsewhere.
Operating deficit in the most recent filing (202306), with expenses ($10,991,710) exceeding revenue ($10,286,617).
Strengths
Strong asset base, consistently around $20 million, providing financial stability.
Healthy asset-to-liability ratio (e.g., 4.08:1 in 202306), indicating good financial health.
Consistent filing history of IRS Form 990s, demonstrating transparency and compliance.
Ability to manage expenses generally in line with revenue over the long term, despite fluctuations.
Spending Breakdown
How Bridgton Academy allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Bridgton Academy
Is Bridgton Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Bridgton Academy (EIN: 10221344) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Bridgton Academy a good charity to donate to?
Bridgton Academy has a Mission Score of 75/100. Revenue: $10.8M. Assets: $20.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bridgton Academy?
The Employer Identification Number (EIN) for Bridgton Academy is 10221344. 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 Bridgton Academy spend its money?
Bridgton Academy allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bridgton Academy's tax-exempt status?
You can verify Bridgton Academy's tax-exempt status using EIN 10221344 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
Bridgton Academy demonstrates a generally stable financial position, with assets consistently around the $20 million mark over the past several years. While revenue has fluctuated, ranging from $7.7 million to $12.4 million, the organization has largely managed its expenses, which have typically been in the $9-11 million range. The most recent filing (202306) shows expenses slightly exceeding revenue ($10,991,710 vs. $10,286,617), indicating a slight operating deficit for that period. However, this is not a consistent trend, as the prior year (202206) showed a healthy surplus ($12,393,178 revenue vs. $10,790,016 expenses).
The organization's transparency appears strong regarding executive compensation, as all filings indicate 0% officer compensation, suggesting that key leadership may be compensated through other means or that the highest-paid individuals are not classified as officers in a way that requires disclosure in this section. Further investigation into their compensation practices would be beneficial to fully understand this aspect. The consistent filing of IRS Form 990s over many years also points to a commitment to regulatory compliance and public disclosure.