Quick charity verification for Friends Of The Presumpscot River (EIN: 10472214)
Verdict: Friends Of The Presumpscot River appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
3Red Flags
4Strengths
Red Flags
Significant deficit in 2023 ($35,274, with expenses of $59,006 exceeding revenue of $23,732)
Highly fluctuating revenue and expenses year-over-year, indicating potential financial unpredictability (e.g., 2022 revenue $72,192 vs. 2023 revenue $23,732)
Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data makes efficiency assessment difficult.
Strengths
Consistent IRS 990 filing history (9 filings) demonstrates strong transparency.
No officer compensation reported across all periods, suggesting a volunteer-driven model and low overhead.
Zero liabilities reported in recent years (2023, 2022, 2021, 2020), indicating a healthy balance sheet.
Growing asset base, reaching $101,213 in 2023, despite recent deficit.
Spending Breakdown
How Friends Of The Presumpscot River 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 Friends Of The Presumpscot River
Is Friends Of The Presumpscot River a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Presumpscot River (EIN: 10472214) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
Is Friends Of The Presumpscot River a good charity to donate to?
Friends Of The Presumpscot River has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of The Presumpscot River?
The Employer Identification Number (EIN) for Friends Of The Presumpscot River is 10472214. 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 Presumpscot River spend its money?
Friends Of The Presumpscot River allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of The Presumpscot River's tax-exempt status?
You can verify Friends Of The Presumpscot River's tax-exempt status using EIN 10472214 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 Presumpscot River demonstrates a fluctuating financial picture over the past several years. In 2023, the organization reported expenses of $59,006 against revenue of $23,732, indicating a deficit for the year. This contrasts sharply with 2022, where revenue of $72,192 significantly outpaced expenses of $5,061, leading to substantial asset growth. The organization's assets have generally grown, reaching $101,213 in 2023, with no reported liabilities, which is a positive indicator of financial stability.
The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the absence of officer compensation across all reported periods suggests a lean operational structure, potentially relying heavily on volunteer efforts. The significant year-over-year swings in both revenue and expenses warrant closer examination to understand the underlying operational dynamics and funding sources.
In terms of transparency, the consistent filing of IRS Form 990s for nine periods is a strong positive. The lack of officer compensation also contributes to a perception of good governance. However, without more granular expense data, it's challenging to fully evaluate how efficiently donor funds are being allocated to their stated mission.