Growing net assets, from $13,900 in 2014 to $41,473 in 2022.
Low to no liabilities reported in recent years, such as $0 in 2022.
Stable revenue stream over the past decade, averaging around $80,000 annually.
Clear alignment between NTEE code (A33 - Newspaper, Periodical, Book Publishers) and organizational name/mission.
Spending Breakdown
How Gorham Times 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 Times Inc
Is Gorham Times Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gorham Times Inc (EIN: 10499277) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
Is Gorham Times Inc a good charity to donate to?
Gorham Times Inc has a Mission Score of 88/100. Revenue: $77K. Assets: $28K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gorham Times Inc?
The Employer Identification Number (EIN) for Gorham Times Inc is 10499277. 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 Times Inc spend its money?
Gorham Times Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gorham Times Inc's tax-exempt status?
You can verify Gorham Times Inc's tax-exempt status using EIN 10499277 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 Times Inc. demonstrates consistent financial activity, with revenues generally fluctuating around the $80,000 mark over the past decade. The organization has shown a positive trend in net assets, increasing from $13,900 in 2014 to $41,473 in 2022, indicating a growing financial stability. Liabilities have also been well-managed, with the organization reporting $0 in liabilities in both 2014 and 2022, suggesting a healthy balance sheet.
Spending efficiency appears to be reasonable, with expenses generally aligning closely with revenues. For instance, in 2022, expenses were $59,813 against revenues of $86,006, leaving a healthy surplus. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for donors. The organization's NTEE code A33 (Newspaper, Periodical, Book Publishers) aligns with its name, suggesting a clear programmatic focus.