Is Chebeague Transportation Co Legit? —…

Strengths

Consistent revenue growth over a decade, from $770,509 in 2014 to $1,812,838 in 2023.
Zero reported officer compensation across all ten years of filings, indicating efficient use of funds.
Significant asset growth, from $817,775 in 2014 to $2,608,167 in 2023, suggesting strong financial management and reinvestment.
Generally positive net income, with revenue exceeding expenses in most years, such as 2023 ($1,812,838 revenue vs. $1,510,181 expenses).
Regular and consistent IRS 990 filing history, demonstrating transparency.

Spending Breakdown

How Chebeague Transportation Co allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Transportation Co

Is Chebeague Transportation Co a legitimate charity?

Based on AI analysis of IRS 990 filings, Chebeague Transportation Co (EIN: 10318796) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Chebeague Transportation Co a good charity to donate to?

Chebeague Transportation Co has a Mission Score of 92/100. Revenue: $2.0M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chebeague Transportation Co?

The Employer Identification Number (EIN) for Chebeague Transportation Co is 10318796. 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 Transportation Co spend its money?

Chebeague Transportation Co allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Chebeague Transportation Co's tax-exempt status?

You can verify Chebeague Transportation Co's tax-exempt status using EIN 10318796 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 Transportation Co (CTC) demonstrates consistent financial operations as a transportation provider. Over the past decade, the organization has shown steady revenue growth, increasing from $770,509 in 2014 to $1,812,838 in 2023, indicating a growing demand for its services or effective revenue generation strategies. Expenses have also risen, but generally at a slower pace than revenue, leading to positive net income in most years, such as in 2023 where revenue exceeded expenses by over $300,000. The organization's assets have grown significantly, from $817,775 in 2014 to $2,608,167 in 2023, suggesting reinvestment in infrastructure or reserves.

CTC's spending efficiency appears strong, particularly given its operational nature. The NTEE code W40 (Transportation & Logistics) suggests a focus on direct service delivery, which typically aligns with high program spending. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led or very lean administrative structure at the executive level, which is a positive sign for donor confidence and resource allocation directly to services. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation points to a high likelihood of efficient spending.

Transparency is excellent regarding executive compensation, as it consistently reports $0. The organization files its IRS Form 990 annually, providing a regular public record of its financial activities. The consistent growth in assets and generally positive financial performance over a decade, coupled with no reported officer compensation, suggests a well-managed and transparent organization focused on its mission of providing transportation services.

Is Chebeague Transportation Co Legit?

Verdict: Chebeague Transportation Co appears trustworthy