Quick charity verification for Fifth Maine Regiment Museum (EIN: 10357895)
Verdict: Fifth Maine Regiment Museum appears trustworthy
90/100Mission Score
$161KRevenue
$1.7MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong and growing asset base, reaching $1,702,117 in 2023, demonstrating financial stability.
Responsible expense management, with expenses generally below or close to revenue, allowing for asset growth.
Low or zero liabilities in most years, indicating sound financial health and minimal debt.
Spending Breakdown
How Fifth Maine Regiment Museum allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Fifth Maine Regiment Museum
Is Fifth Maine Regiment Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Fifth Maine Regiment Museum (EIN: 10357895) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Fifth Maine Regiment Museum a good charity to donate to?
Fifth Maine Regiment Museum has a Mission Score of 90/100. Revenue: $161K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fifth Maine Regiment Museum?
The Employer Identification Number (EIN) for Fifth Maine Regiment Museum is 10357895. 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 Fifth Maine Regiment Museum spend its money?
Fifth Maine Regiment Museum allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fifth Maine Regiment Museum's tax-exempt status?
You can verify Fifth Maine Regiment Museum's tax-exempt status using EIN 10357895 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 Fifth Maine Regiment Museum demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past five years, assets have grown from $1,571,180 in 2019 to $1,702,117 in 2023, indicating sound financial management and potentially successful fundraising or investment strategies. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds for its mission. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall expense levels are well within the range of its revenue, suggesting responsible spending.
The museum's revenue has fluctuated, with a notable dip in 2020 ($60,992) likely due to the pandemic, but it has since recovered to $167,918 in 2023. Expenses have also shown variability, but generally remain below or close to revenue, allowing for asset growth. The consistent reporting of zero liabilities in several years (e.g., 2021, 2022) further underscores a strong financial position. The lack of officer compensation is a significant positive for transparency and efficiency, as it means all leadership is voluntary, directing more resources to the museum's operations and preservation efforts.