Quick charity verification for Gulf Of Maine Properties Inc (EIN: 201480528)
Verdict: Gulf Of Maine Properties Inc appears trustworthy
85/100Mission Score
$1.1MRevenue
$10.4MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent financial stability with assets over $10 million.
No reported executive compensation, indicating high efficiency in directing funds.
Revenues generally covering expenses in recent periods, such as 2023 ($1,191,396 revenue vs. $1,159,352 expenses).
Long filing history (12 filings) demonstrating consistent transparency.
Spending Breakdown
How Gulf Of Maine Properties 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 Gulf Of Maine Properties Inc
Is Gulf Of Maine Properties Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gulf Of Maine Properties Inc (EIN: 201480528) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Gulf Of Maine Properties Inc a good charity to donate to?
Gulf Of Maine Properties Inc has a Mission Score of 85/100. Revenue: $1.1M. Assets: $10.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gulf Of Maine Properties Inc?
The Employer Identification Number (EIN) for Gulf Of Maine Properties Inc is 201480528. 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 Properties Inc spend its money?
Gulf Of Maine Properties Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gulf Of Maine Properties Inc's tax-exempt status?
You can verify Gulf Of Maine Properties Inc's tax-exempt status using EIN 201480528 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
Gulf Of Maine Properties Inc. demonstrates consistent financial activity, with revenues generally covering expenses in recent years. For example, in 2023, revenue was $1,191,396 against expenses of $1,159,352, indicating a slight surplus. The organization's assets have remained substantial, consistently over $10 million, with liabilities also stable, suggesting a well-managed balance sheet. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. While specific program spending details are not provided in the summary data, the overall financial stability and lack of executive compensation suggest a responsible approach to financial management. Further analysis of their program service accomplishments would provide a more complete picture of their spending efficiency.