Quick charity verification for Greater Portland Inc (EIN: 205922785)
Verdict: Greater Portland Inc appears trustworthy
70/100Mission Score
$3.4MRevenue
$2.7MAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of 0% officer compensation, which is highly unusual for an organization of this size and activity level.
Expenses exceeding revenue in multiple recent periods (e.g., 202312, 202212, 202112), indicating potential operational deficits.
Significant decrease in assets from $881,939 in 202212 to $491,114 in 202312, alongside an increase in liabilities.
Strengths
Consistent filing of IRS Form 990s (14 filings), demonstrating a commitment to transparency.
Stable operational presence over a decade, with annual revenues consistently around $1 million.
NTEE code S41 (Economic Development) indicates a clear mission focus on community benefit.
Spending Breakdown
How Greater Portland Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Greater Portland Inc
Is Greater Portland Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Portland Inc (EIN: 205922785) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Greater Portland Inc a good charity to donate to?
Greater Portland Inc has a Mission Score of 70/100. Revenue: $3.4M. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Portland Inc?
The Employer Identification Number (EIN) for Greater Portland Inc is 205922785. 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 Greater Portland Inc spend its money?
Greater Portland Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Portland Inc's tax-exempt status?
You can verify Greater Portland Inc's tax-exempt status using EIN 205922785 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
Greater Portland Inc demonstrates consistent financial activity, with annual revenues and expenses generally hovering around the $1 million mark over the past decade. While the organization's assets have fluctuated, they have generally remained stable, indicating a reasonable level of financial solvency. The most recent filing (202312) shows expenses exceeding revenue by a significant margin ($1,402,430 in expenses vs. $942,552 in revenue), leading to a decrease in net assets. This trend of expenses exceeding revenue is also observed in 202212, 202112, and 201712, suggesting a potential need for closer monitoring of operational efficiency or revenue diversification.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which is unusual for an organization of this size and could indicate that executive compensation is reported under other categories or that key leadership roles are filled by volunteers or compensated through other entities. Further investigation into the detailed expense breakdown would be necessary to fully understand the allocation of funds and ensure efficient use of resources. The NTEE code S41 (Economic Development) suggests a focus on community benefit, and the financial data indicates a consistent operational presence in this area.