Quick charity verification for Heart Of Maine United Way (EIN: 10211478)
Verdict: Heart Of Maine United Way appears trustworthy
90/100Mission Score
$2.5MRevenue
$5.5MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or 0% reported officer compensation may indicate incomplete reporting or a highly unusual operational model for an organization of this size, warranting further investigation into how leadership is compensated or structured.
Strengths
Consistent financial surpluses, such as $124,735 in 2023 ($2,428,940 revenue - $2,304,205 expenses), demonstrating sound financial management.
Zero reported officer compensation across all filings, indicating a high dedication of funds to programs.
Stable revenue streams over a decade, showing consistent donor support.
Manageable liabilities relative to assets, indicating good financial health.
Spending Breakdown
How Heart Of Maine United Way 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 Heart Of Maine United Way
Is Heart Of Maine United Way a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Of Maine United Way (EIN: 10211478) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Heart Of Maine United Way a good charity to donate to?
Heart Of Maine United Way has a Mission Score of 90/100. Revenue: $2.5M. Assets: $5.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heart Of Maine United Way?
The Employer Identification Number (EIN) for Heart Of Maine United Way is 10211478. 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 Heart Of Maine United Way spend its money?
Heart Of Maine United Way allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heart Of Maine United Way's tax-exempt status?
You can verify Heart Of Maine United Way's tax-exempt status using EIN 10211478 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
Heart Of Maine United Way demonstrates consistent financial health with stable revenue and asset levels over the past decade. For instance, in 2023, their revenue was $2,428,940 against expenses of $2,304,205, indicating a surplus. Their assets have consistently remained above $5 million, reaching $5,478,549 in 2023, providing a solid financial foundation. The organization's spending efficiency appears strong, as evidenced by the consistent surplus in most years, suggesting effective management of resources relative to their program delivery. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards their mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very low-paid leadership structure, which is commendable for a nonprofit of this size.