Is Central Maine Community College Foundation Legit?
Quick charity verification for Central Maine Community College Foundation (EIN: 222999203)
Verdict: Central Maine Community College Foundation appears trustworthy
85/100Mission Score
$1.1MRevenue
$2.0MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue growth over the past five years, with revenue increasing from $81,743 in 2020 to $1,145,668 in 2024.
Strong asset growth, from $1,151,988 in 2020 to $2,026,170 in 2024, indicating sound financial management.
Very low administrative and fundraising expenses relative to program spending, maximizing impact.
No reported lobbying expenses, ensuring resources are directed to educational support.
Spending Breakdown
How Central Maine Community College Foundation 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 Central Maine Community College Foundation
Is Central Maine Community College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Maine Community College Foundation (EIN: 222999203) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Central Maine Community College Foundation a good charity to donate to?
Central Maine Community College Foundation has a Mission Score of 85/100. Revenue: $1.1M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Central Maine Community College Foundation?
The Employer Identification Number (EIN) for Central Maine Community College Foundation is 222999203. 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 Central Maine Community College Foundation spend its money?
Central Maine Community College Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Central Maine Community College Foundation's tax-exempt status?
You can verify Central Maine Community College Foundation's tax-exempt status using EIN 222999203 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
Central Maine Community College Foundation is a unknown nonprofit based in Auburn, Maine, with reported revenue of $1.1M and assets of $2.0M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not reported on recent Form 990 filings, suggesting that key employees are likely compensated by Central Maine Community College directly, or that the foundation operates with volunteer leadership. Revenue has grown +66% across 13 filing periods.