Is Gulf Of Maine Marine Education Association Legit?
Quick charity verification for Gulf Of Maine Marine Education Association (EIN: 10412164)
Verdict: Gulf Of Maine Marine Education Association shows mixed signals
60/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Latest reported revenue and assets are $0, indicating potential inactivity or dissolution.
Significant gap in financial data, with the latest detailed filing being from 2019.
Strengths
No reported liabilities in 2019, indicating financial prudence.
No officer compensation reported in 2019, suggesting efficient use of funds or volunteer leadership.
Spending Breakdown
How Gulf Of Maine Marine Education Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Gulf Of Maine Marine Education Association
Is Gulf Of Maine Marine Education Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Gulf Of Maine Marine Education Association (EIN: 10412164) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
Is Gulf Of Maine Marine Education Association a good charity to donate to?
Gulf Of Maine Marine Education Association has a Mission Score of 60/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gulf Of Maine Marine Education Association?
The Employer Identification Number (EIN) for Gulf Of Maine Marine Education Association is 10412164. 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 Gulf Of Maine Marine Education Association spend its money?
Gulf Of Maine Marine Education Association allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gulf Of Maine Marine Education Association's tax-exempt status?
You can verify Gulf Of Maine Marine Education Association's tax-exempt status using EIN 10412164 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
The Gulf Of Maine Marine Education Association appears to be in a nascent or transitional phase, as indicated by its latest reported revenue and assets of $0. However, its most recent available filing from the 201909 period shows a more active financial picture with $226,915 in revenue and $167,561 in expenses, resulting in a surplus for that period. The organization reported $80,777 in assets and $0 in liabilities, suggesting a healthy balance sheet at that time. The significant discrepancy between the latest reported $0 figures and the 2019 filing raises questions about its current operational status and financial health, making a definitive assessment challenging without more current data. The lack of officer compensation reported in 2019 suggests either a volunteer-led organization or that compensation was not reported under that specific line item.