Quick charity verification for Ferret Rescue Of Maine (EIN: 10547348)
Verdict: Ferret Rescue Of Maine shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
No recent financial activity reported since 2012
Zero reported revenue and assets in latest data, suggesting inactivity
Limited transparency due to lack of current filings
Strengths
Volunteer-based leadership with 0% officer compensation in 2012
No reported liabilities in 2012
AI Transparency Report
Ferret Rescue Of Maine appears to be a very small, volunteer-run organization based on its single available IRS 990 filing from 2012. With reported revenue of $8,677 and expenses of $2,200, the organization operated on a minimal budget. Its assets were only $100, indicating no significant financial reserves or property. The lack of any reported revenue or assets in the latest data suggests the organization may no longer be active or is operating on an extremely informal basis, which significantly impacts its current financial health and transparency. The single filing does not provide enough detail for a comprehensive assessment of spending efficiency beyond the high-level program focus.
The organization's transparency is limited by the age and scarcity of its financial data. A single filing from over a decade ago, with no subsequent filings showing activity, makes it impossible to assess current operations or financial standing. While the 2012 filing itself was submitted, the absence of more recent information is a major transparency concern for potential donors or stakeholders looking for up-to-date financial health and operational details. The lack of officer compensation in 2012 suggests a volunteer-driven model, which can be efficient for small organizations.