Is Chebeague Island Community Association Legit?

Quick charity verification for Chebeague Island Community Association (EIN: 203025485)

Verdict: Chebeague Island Community Association appears trustworthy

90/100Mission Score
$330KRevenue
$1.2MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

Spending Breakdown

How Chebeague Island Community Association allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Chebeague Island Community Association

Is Chebeague Island Community Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Chebeague Island Community Association (EIN: 203025485) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.

Is Chebeague Island Community Association a good charity to donate to?

Chebeague Island Community Association has a Mission Score of 90/100. Revenue: $330K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chebeague Island Community Association?

The Employer Identification Number (EIN) for Chebeague Island Community Association is 203025485. 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 Chebeague Island Community Association spend its money?

Chebeague Island Community Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Chebeague Island Community Association's tax-exempt status?

You can verify Chebeague Island Community Association's tax-exempt status using EIN 203025485 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

The Chebeague Island Community Association demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,169,661 in the latest period. While revenue has fluctuated significantly, from a low of $-10,799 in 2014 to a high of $346,700 in 2012, the organization has maintained positive net assets. The most recent filing shows revenue of $54,682 against expenses of $56,411, indicating a slight operational deficit for that specific year. However, the overall trend suggests a well-managed organization capable of sustaining its operations. Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which is a positive indicator of volunteer leadership or very modest operational overhead. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the absence of paid executive compensation suggests a high proportion of resources likely directed towards its mission. The organization's transparency is commendable through its consistent IRS 990 filings, providing a clear historical financial record. Overall, the Chebeague Island Community Association appears to be a financially sound and efficiently run organization, particularly given its community-focused mission and the apparent reliance on volunteer efforts for leadership. Its ability to manage fluctuating revenues while growing assets speaks to prudent financial stewardship.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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