Significant negative revenue ($-111,544) in the latest fiscal year (202306).
Substantial decrease in assets from $2,941,775 (202206) to $1,705,438 (202306).
Operating deficit in the latest fiscal year, with expenses ($616,123) far exceeding revenue ($-111,544).
Strengths
Consistent reporting of 0% officer compensation, indicating either volunteer leadership or highly efficient executive pay practices.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
Maintained a substantial asset base (around $2.7-$2.9 million) for most of the past decade prior to the latest filing.
Spending Breakdown
How Greater Portland Landmarks 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 Landmarks Inc
Is Greater Portland Landmarks Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Portland Landmarks Inc (EIN: 10276272) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Greater Portland Landmarks Inc a good charity to donate to?
Greater Portland Landmarks Inc has a Mission Score of 70/100. Revenue: $556K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Portland Landmarks Inc?
The Employer Identification Number (EIN) for Greater Portland Landmarks Inc is 10276272. 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 Landmarks Inc spend its money?
Greater Portland Landmarks 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 Landmarks Inc's tax-exempt status?
You can verify Greater Portland Landmarks Inc's tax-exempt status using EIN 10276272 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 Landmarks Inc. demonstrates a mixed financial picture. While the organization has maintained a consistent asset base around $2.7-$2.9 million for most of the past decade, the most recent filing (202306) shows a significant negative revenue of $-111,544 and a notable decrease in assets to $1,705,438. This negative revenue, coupled with expenses of $616,123, indicates a substantial operating deficit in the latest period, which warrants closer examination. Prior to this, the organization generally operated with revenues closely matching or slightly exceeding expenses, suggesting a lean operational model. The consistent reporting of 0% officer compensation across all filings indicates strong transparency regarding executive pay, or that executive roles are entirely volunteer-based, which is a positive sign for donor confidence.
The organization's spending efficiency appears to have been challenged in the latest fiscal year due to the negative revenue. However, in previous years, expenses were generally managed within the bounds of revenue. The NTEE code A82Z (Historic Preservation) suggests a mission that often involves significant program costs related to property maintenance, advocacy, and educational initiatives. The lack of specific expense breakdowns in the provided data makes a detailed efficiency analysis difficult, but the overall financial trend, particularly the recent decline, suggests a need for strategic financial planning to stabilize revenue and asset levels. The organization's long filing history (13 filings) indicates a commitment to regulatory compliance and transparency.