Quick charity verification for Friends Of Colonial Pemaquid (EIN: 10489633)
Verdict: Friends Of Colonial Pemaquid shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Significant deficit in 2018 ($12,579 revenue vs. $32,612 expenses)
Discrepancy between 'Latest Revenue/Assets' ($0) and 2018 filing data, raising questions about current activity.
Strengths
Healthy asset base ($258,962 in 2018) with no liabilities, indicating financial stability despite the annual deficit.
0% officer compensation, suggesting a volunteer-driven model and efficient use of funds for leadership.
Spending Breakdown
How Friends Of Colonial Pemaquid allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Friends Of Colonial Pemaquid
Is Friends Of Colonial Pemaquid a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Colonial Pemaquid (EIN: 10489633) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
Is Friends Of Colonial Pemaquid a good charity to donate to?
Friends Of Colonial Pemaquid has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Colonial Pemaquid?
The Employer Identification Number (EIN) for Friends Of Colonial Pemaquid is 10489633. 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 Friends Of Colonial Pemaquid spend its money?
Friends Of Colonial Pemaquid allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Colonial Pemaquid's tax-exempt status?
You can verify Friends Of Colonial Pemaquid's tax-exempt status using EIN 10489633 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
Friends Of Colonial Pemaquid appears to be a very small organization with limited financial activity. In its latest reported period (201812), the organization reported $12,579 in revenue against $32,612 in expenses, indicating a deficit for that year. With $258,962 in assets and no liabilities, the organization maintains a healthy balance sheet, suggesting prior accumulation of funds or significant non-cash assets. The lack of reported revenue and assets in the 'latest' data point (which seems to be a summary of the most recent filing, but shows $0) might indicate a data lag or a period of inactivity, which warrants further investigation to understand its current operational status.
The spending efficiency cannot be fully assessed without a detailed breakdown of expenses, but the deficit in 2018 suggests that the organization was spending more than it was bringing in during that period. The absence of officer compensation indicates a volunteer-led or very lean operational structure. Transparency is moderate, with one filing available, but the limited financial data makes a comprehensive assessment challenging.