Is Friends Of The Kennebec River Rail Trail Inc Legit?
Quick charity verification for Friends Of The Kennebec River Rail Trail Inc (EIN: 10508136)
Verdict: Friends Of The Kennebec River Rail Trail Inc appears trustworthy
95/100Mission Score
$13KRevenue
$119KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $82,447 in 2014 to $113,906 in 2023.
Zero liabilities reported across all filings, indicating strong financial health.
Zero officer compensation, highlighting a volunteer-driven model and efficient use of funds.
Expenses consistently below revenue in most recent years (e.g., $7,322 expenses vs. $12,806 revenue in 2023).
Strong transparency with consistent IRS 990 filings over 13 periods.
Spending Breakdown
How Friends Of The Kennebec River Rail Trail Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 The Kennebec River Rail Trail Inc
Is Friends Of The Kennebec River Rail Trail Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Kennebec River Rail Trail Inc (EIN: 10508136) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Friends Of The Kennebec River Rail Trail Inc a good charity to donate to?
Friends Of The Kennebec River Rail Trail Inc has a Mission Score of 95/100. Revenue: $13K. Assets: $119K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of The Kennebec River Rail Trail Inc?
The Employer Identification Number (EIN) for Friends Of The Kennebec River Rail Trail Inc is 10508136. 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 The Kennebec River Rail Trail Inc spend its money?
Friends Of The Kennebec River Rail Trail Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of The Kennebec River Rail Trail Inc's tax-exempt status?
You can verify Friends Of The Kennebec River Rail Trail Inc's tax-exempt status using EIN 10508136 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 The Kennebec River Rail Trail Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. In 2023, the organization reported $12,806 in revenue against $7,322 in expenses, resulting in a surplus that contributed to its growing assets of $113,906. This trend of managing expenses below revenue is generally positive, indicating sound financial management. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial health and a volunteer-driven operational model.
The organization's spending efficiency appears high, with a significant portion of its modest expenses likely directed towards its program services, given the absence of executive compensation and liabilities. While a detailed breakdown of program versus administrative costs isn't explicitly provided in the summary data, the overall low expense figures relative to assets suggest a lean operation. The consistent growth in assets, from $82,447 in 2014 to $113,906 in 2023, further underscores its ability to retain and build resources for its mission.
Transparency is excellent, primarily due to the clear reporting of zero liabilities and zero officer compensation across all available filings. This indicates a commitment to volunteer leadership and a focus on direct mission impact without significant overheads. The consistent filing of IRS Form 990s over 13 periods also reflects a strong commitment to public accountability.