Is Department Of Maine Veterans Of Foreign Wars Of The United States Legit?
Quick charity verification for Department Of Maine Veterans Of Foreign Wars Of The United States (EIN: 10191822)
Verdict: Department Of Maine Veterans Of Foreign Wars Of The United States appears trustworthy
92/100Mission Score
$341KRevenue
$728KAssets
1Red Flags
5Strengths
Red Flags
NTEE Code is unknown, which could make it harder to benchmark against similar organizations.
Strengths
Consistent asset growth, from $400,039 in 2014 to $724,168 in 2023.
Zero reported officer compensation across all ten years of filings, indicating high efficiency.
Consistent operational surpluses, with revenues generally exceeding expenses annually.
Very low to zero liabilities, demonstrating strong financial stability.
Extensive filing history (10 years) provides excellent transparency and historical data.
Spending Breakdown
How Department Of Maine Veterans Of Foreign Wars Of The United States allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Department Of Maine Veterans Of Foreign Wars Of The United States
Is Department Of Maine Veterans Of Foreign Wars Of The United States a legitimate charity?
Based on AI analysis of IRS 990 filings, Department Of Maine Veterans Of Foreign Wars Of The United States (EIN: 10191822) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Department Of Maine Veterans Of Foreign Wars Of The United States a good charity to donate to?
Department Of Maine Veterans Of Foreign Wars Of The United States has a Mission Score of 92/100. Revenue: $341K. Assets: $728K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Department Of Maine Veterans Of Foreign Wars Of The United States?
The Employer Identification Number (EIN) for Department Of Maine Veterans Of Foreign Wars Of The United States is 10191822. 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 Department Of Maine Veterans Of Foreign Wars Of The United States spend its money?
Department Of Maine Veterans Of Foreign Wars Of The United States allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Department Of Maine Veterans Of Foreign Wars Of The United States's tax-exempt status?
You can verify Department Of Maine Veterans Of Foreign Wars Of The United States's tax-exempt status using EIN 10191822 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 Department Of Maine Veterans Of Foreign Wars Of The United States demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, the organization has shown steady growth in assets, increasing from $400,039 in 2014 to $724,168 in 2023. This indicates effective financial management and accumulation of resources. The organization consistently operates with a surplus, as evidenced by revenues generally exceeding expenses across all reported periods, such as $346,729 in revenue against $330,202 in expenses in 2023.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all filings, suggesting that leadership is volunteer-based or compensated through other means not categorized as officer compensation. This significantly reduces administrative overhead. The organization's liabilities have been consistently low or zero, indicating a strong balance sheet and minimal debt burden, with the exception of $28,500 in liabilities in 2020.
Transparency is high due to the availability of 10 years of IRS 990 filings, providing a comprehensive view of its financial history. The absence of reported officer compensation is a notable positive for efficiency and resource allocation directly to its mission. The consistent surpluses and asset growth suggest a well-managed and financially prudent organization dedicated to its stated purpose.