Quick charity verification for Bucksport Community Concerns Inc (EIN: 10377986)
Verdict: Bucksport Community Concerns Inc appears trustworthy
75/100Mission Score
$70KRevenue
$95KAssets
2Red Flags
4Strengths
Red Flags
Significant deficit in the most recent filing (202409), with expenses ($103,047) far exceeding revenue ($55,562).
Inconsistent revenue generation and expense control over several years, leading to periods of deficit (e.g., 2023, 2018, 2017).
Strengths
Consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance.
0% officer compensation reported across all filings, indicating volunteer leadership or highly efficient compensation practices.
No reported liabilities in any of the available filing periods, suggesting strong debt management.
Maintained a healthy asset base relative to annual revenue for most periods, indicating financial stability.
Spending Breakdown
How Bucksport Community Concerns Inc 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 Bucksport Community Concerns Inc
Is Bucksport Community Concerns Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bucksport Community Concerns Inc (EIN: 10377986) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Bucksport Community Concerns Inc a good charity to donate to?
Bucksport Community Concerns Inc has a Mission Score of 75/100. Revenue: $70K. Assets: $95K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bucksport Community Concerns Inc?
The Employer Identification Number (EIN) for Bucksport Community Concerns Inc is 10377986. 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 Bucksport Community Concerns Inc spend its money?
Bucksport Community Concerns Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bucksport Community Concerns Inc's tax-exempt status?
You can verify Bucksport Community Concerns Inc's tax-exempt status using EIN 10377986 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
Bucksport Community Concerns Inc demonstrates a consistent operational history with modest revenue and expenses, typical for a small community-focused organization. Over the past several years, the organization has generally maintained a healthy asset base relative to its annual revenue, indicating financial stability. For instance, in 2024, assets stood at $111,465 against revenues of $55,562. However, the most recent filing (202409) shows expenses ($103,047) significantly exceeding revenue ($55,562), resulting in a substantial deficit for that period. This trend of expenses occasionally outpacing revenue is visible in other years as well, such as 2023, 2018, and 2017, suggesting a need for careful financial planning or increased fundraising efforts to ensure long-term sustainability.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available, indicating adherence to regulatory requirements. A notable strength is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, potentially maximizing funds for programs. The absence of liabilities in all reported periods is also a positive indicator of sound financial management, avoiding debt burdens.
While specific program spending percentages are not detailed in the provided summary, the overall financial picture suggests a lean operation. The fluctuating revenue and expense figures, particularly the recent deficit, warrant closer examination to understand the underlying causes and the organization's strategy for addressing them. Given its small scale and community focus, maintaining a strong asset base and avoiding debt are crucial for its continued impact.