How Eaton Street Apartments 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 Eaton Street Apartments
Is Eaton Street Apartments a legitimate charity?
Based on AI analysis of IRS 990 filings, Eaton Street Apartments (EIN: 10533868) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Eaton Street Apartments a good charity to donate to?
Eaton Street Apartments has a Mission Score of 65/100. Revenue: $129K. Assets: $300K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Eaton Street Apartments?
The Employer Identification Number (EIN) for Eaton Street Apartments is 10533868. 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 Eaton Street Apartments spend its money?
Eaton Street Apartments allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Eaton Street Apartments's tax-exempt status?
You can verify Eaton Street Apartments's tax-exempt status using EIN 10533868 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
Eaton Street Apartments, operating in Machias, ME, demonstrates consistent revenue generation, averaging around $130,000 annually over the past several years. However, the organization has consistently reported expenses exceeding its revenue, leading to a gradual decline in assets from $447,925 in 2015 to $316,613 in 2024. This trend suggests that the organization is spending more than it earns, which is not sustainable long-term without additional funding sources or expense reductions.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operating deficits indicate a need for closer examination of expenditure categories. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, and the reported 0% officer compensation, which is a positive indicator of resource allocation directly to the organization's mission rather than executive salaries.
While the organization maintains a stable revenue stream, the ongoing deficit spending and declining asset base are significant concerns for its long-term financial health. A detailed review of expense categories and strategies to either increase revenue or reduce costs would be beneficial for Eaton Street Apartments to ensure its continued viability.