Quick charity verification for Eastport Arts Center (EIN: 10436739)
Verdict: Eastport Arts Center appears trustworthy
85/100Mission Score
$295KRevenue
$792KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong asset growth, from $535,151 in 2014 to $766,475 in 2023.
Consistent revenue surpluses in recent years, notably $138,116 in 202312.
Very low liabilities, consistently under $25,000, indicating minimal debt.
0% reported officer compensation, suggesting efficient use of funds for mission.
Consistent IRS 990 filing history, demonstrating good transparency.
Spending Breakdown
How Eastport Arts Center allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Eastport Arts Center
Is Eastport Arts Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastport Arts Center (EIN: 10436739) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Eastport Arts Center a good charity to donate to?
Eastport Arts Center has a Mission Score of 85/100. Revenue: $295K. Assets: $792K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Eastport Arts Center?
The Employer Identification Number (EIN) for Eastport Arts Center is 10436739. 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 Eastport Arts Center spend its money?
Eastport Arts Center allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Eastport Arts Center's tax-exempt status?
You can verify Eastport Arts Center's tax-exempt status using EIN 10436739 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
Eastport Arts Center demonstrates a generally stable financial position with consistent revenue streams and growing assets over the past decade. In the latest filing (202312), the organization reported strong revenue of $429,224 against expenses of $291,108, resulting in a significant surplus. This positive trend is also reflected in its asset growth, from $535,151 in 2014 to $766,475 in 2023, indicating sound financial management and accumulation of resources. The organization's liabilities remain very low, consistently under $25,000, which is a positive indicator of financial health and low debt burden.
Spending efficiency appears to be reasonable, though specific program, administrative, and fundraising expense breakdowns are not provided in the summary data. However, the consistent surpluses in recent years (e.g., $138,116 in 202312, $50,098 in 202112, $118,419 in 202012) suggest that the organization is managing its expenses effectively relative to its income. The absence of officer compensation reported across all filings indicates a volunteer-led or very lean executive structure, which can contribute to lower administrative overhead.
Transparency is generally good given the consistent filing of IRS Form 990s. The lack of reported officer compensation is a notable aspect, suggesting that the organization's leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which enhances public trust. The consistent growth in assets and low liabilities further contribute to a positive perception of financial stewardship.