Quick charity verification for Chebeague Recreation Center Inc (EIN: 10509203)
Verdict: Chebeague Recreation Center Inc appears trustworthy
90/100Mission Score
$584KRevenue
$1.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $201,130 in 2014 to $493,386 in 2023.
Strong asset accumulation, growing from $860,169 in 2014 to $1,106,273 in 2023.
No reported officer compensation across all 14 filings, indicating high efficiency and transparency.
Positive net income in recent years ($30,574 in 2023, $2,785 in 2022), showing effective expense management.
Low liabilities relative to assets, indicating a healthy balance sheet.
Spending Breakdown
How Chebeague Recreation Center 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 Chebeague Recreation Center Inc
Is Chebeague Recreation Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chebeague Recreation Center Inc (EIN: 10509203) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Chebeague Recreation Center Inc a good charity to donate to?
Chebeague Recreation Center Inc has a Mission Score of 90/100. Revenue: $584K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chebeague Recreation Center Inc?
The Employer Identification Number (EIN) for Chebeague Recreation Center Inc is 10509203. 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 Recreation Center Inc spend its money?
Chebeague Recreation Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chebeague Recreation Center Inc's tax-exempt status?
You can verify Chebeague Recreation Center Inc's tax-exempt status using EIN 10509203 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
Chebeague Recreation Center Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $493,386 in revenue for the 202312 period. The organization maintains a strong asset base, growing from $860,169 in 2014 to $1,106,273 in 2023, indicating good financial stewardship and capacity. Spending efficiency appears robust, as evidenced by the consistent positive net income in recent years (e.g., $30,574 in 2023 and $2,785 in 2022), suggesting expenses are well-managed relative to income. The absence of officer compensation reported across all filings is a significant indicator of transparency and a focus on directing funds towards the mission rather than executive salaries. The organization's liabilities have remained relatively low, further reinforcing its stable financial position. Overall, Chebeague Recreation Center Inc appears to be a financially sound and transparent organization.