Is Goodwill Industries Of Northern New England Legit?

Quick charity verification for Goodwill Industries Of Northern New England (EIN: 10284340)

Verdict: Goodwill Industries Of Northern New England shows mixed signals

65/100Mission Score
$51.4MRevenue
$93.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Goodwill Industries Of Northern New England allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
10%
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 Goodwill Industries Of Northern New England

Is Goodwill Industries Of Northern New England a legitimate charity?

Based on AI analysis of IRS 990 filings, Goodwill Industries Of Northern New England (EIN: 10284340) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.

Is Goodwill Industries Of Northern New England a good charity to donate to?

Goodwill Industries Of Northern New England has a Mission Score of 65/100. Revenue: $51.4M. Assets: $93.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Goodwill Industries Of Northern New England?

The Employer Identification Number (EIN) for Goodwill Industries Of Northern New England is 10284340. 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 Goodwill Industries Of Northern New England spend its money?

Goodwill Industries Of Northern New England allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Goodwill Industries Of Northern New England's tax-exempt status?

You can verify Goodwill Industries Of Northern New England's tax-exempt status using EIN 10284340 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

Goodwill Industries Of Northern New England demonstrates generally stable financial health, with revenues consistently exceeding or closely matching expenses in most recent periods. For example, in 2024, expenses of $88,750,564 were slightly higher than revenues of $88,405,115, indicating a minor deficit. However, the organization maintains substantial assets, reported at $85,875,592 in 2024, which provides a strong financial cushion. The consistent growth in assets from $52,323,721 in 2015 to over $85 million in 2024 suggests effective asset management and reinvestment. Spending efficiency appears reasonable, though specific program, administrative, and fundraising breakdowns are not provided in the raw data. The overall expense-to-revenue ratio is typically close to 1, suggesting that most incoming funds are utilized for operations. The consistent reporting of 'Officer Comp=0%' across all filings is unusual and requires further investigation to understand if executive compensation is reported under a different category or if the organization truly has no compensated officers, which would be highly atypical for an organization of this size. This lack of clarity on executive compensation impacts transparency. Overall, the organization appears financially sound with a strong asset base. However, the absence of detailed spending breakdowns and the 'Officer Comp=0%' reporting across all years raise questions regarding the completeness of financial transparency, particularly concerning how executive leadership is compensated or if this field is consistently misreported.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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