Unusual revenue dip in 201706 ($5,497) compared to other periods, potentially indicating a reporting anomaly or very short fiscal period.
Strengths
Consistent reporting of zero officer compensation across all filings, indicating high efficiency in leadership costs.
Very low or zero liabilities reported in most recent filings, demonstrating strong financial health and low debt.
Stable asset base over a decade, suggesting prudent financial management.
Generally balanced budget with revenues often exceeding or closely matching expenses.
Spending Breakdown
How Gorham Cooperative Preschool 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 Cooperative Preschool
Is Gorham Cooperative Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, Gorham Cooperative Preschool (EIN: 10283327) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Gorham Cooperative Preschool a good charity to donate to?
Gorham Cooperative Preschool has a Mission Score of 88/100. Revenue: $85K. Assets: $45K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gorham Cooperative Preschool?
The Employer Identification Number (EIN) for Gorham Cooperative Preschool is 10283327. 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 Cooperative Preschool spend its money?
Gorham Cooperative Preschool allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gorham Cooperative Preschool's tax-exempt status?
You can verify Gorham Cooperative Preschool's tax-exempt status using EIN 10283327 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 Cooperative Preschool demonstrates consistent financial activity typical of a small, local educational organization. With latest reported revenue of $85,160 and assets of $44,970, its scale is modest. The organization has shown a pattern of revenues generally exceeding or closely matching expenses in recent years, such as in 2020 where revenue was $55,470 against expenses of $54,931, indicating sound operational management. However, there was a notable dip in reported revenue in 201706 to $5,497, which appears to be an anomaly given the preceding and subsequent filings, suggesting a potential reporting error or a very short fiscal period.
The preschool's financial health appears stable, maintaining a positive asset base over time. Its liabilities have consistently been very low or zero in most recent filings, which is a strong indicator of financial prudence. The absence of reported officer compensation across all filings suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to a higher percentage of funds directly supporting programs. Overall, the organization appears to be transparent in its basic financial reporting, with consistent filings over the past decade.