Quick charity verification for Gorham Community Learning Center Inc (EIN: 20342693)
Verdict: Gorham Community Learning Center Inc appears trustworthy
88/100Mission Score
$712KRevenue
$95KAssets
1Red Flags
4Strengths
Red Flags
NTEE Code Unknown: Lack of a specified NTEE code can make it harder to categorize and compare the organization's mission and performance with similar nonprofits.
Strengths
Zero Officer Compensation: Consistently reporting 0% officer compensation across all filings is a significant strength, indicating high efficiency in directing funds to programs.
Revenue Growth: Demonstrated substantial revenue growth from $242,800 in 2021 to $451,284 in 2023, indicating increasing support and capacity.
Stable Financial Operations: Expenses generally align closely with revenue, suggesting prudent financial management and avoiding significant deficits.
Healthy Asset-to-Liability Ratio: A 2023 ratio of approximately 5.35:1 indicates good financial stability and ability to cover short-term obligations.
Spending Breakdown
How Gorham Community Learning Center Inc 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 Gorham Community Learning Center Inc
Is Gorham Community Learning Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gorham Community Learning Center Inc (EIN: 20342693) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Gorham Community Learning Center Inc a good charity to donate to?
Gorham Community Learning Center Inc has a Mission Score of 88/100. Revenue: $712K. Assets: $95K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gorham Community Learning Center Inc?
The Employer Identification Number (EIN) for Gorham Community Learning Center Inc is 20342693. 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 Gorham Community Learning Center Inc spend its money?
Gorham Community Learning Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gorham Community Learning Center Inc's tax-exempt status?
You can verify Gorham Community Learning Center Inc's tax-exempt status using EIN 20342693 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
Gorham Community Learning Center Inc demonstrates a generally stable financial trajectory, with recent revenue growth from $242,800 in 2021 to $451,284 in 2023. The organization consistently spends close to its revenue, as seen in 2023 where expenses were $455,488 against $451,284 in revenue, indicating a tight operational budget. While assets have shown modest growth, reaching $70,498 in 2023, the organization's liabilities have fluctuated, peaking at $52,316 in 2021 before decreasing to $13,164 in 2023. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial health and donor trust. The organization's financial management appears prudent, maintaining operations without significant deficits or surpluses over the long term.