Quick charity verification for Hospice Volunteers Of Waterville Area (EIN: 222503856)
Verdict: Hospice Volunteers Of Waterville Area appears trustworthy
85/100Mission Score
$103KRevenue
$379KAssets
2Red Flags
3Strengths
Red Flags
Significant decline in revenue from $281,701 in 2019 to $140,037 in 2023.
Net assets have decreased from $592,584 in 2019 to $432,078 in 2023.
Strengths
Consistent mission focus on hospice volunteering.
Zero executive compensation, indicating a strong volunteer ethos.
Maintains a healthy asset base relative to its annual expenses.
Spending Breakdown
How Hospice Volunteers Of Waterville Area 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 Hospice Volunteers Of Waterville Area
Is Hospice Volunteers Of Waterville Area a legitimate charity?
Based on AI analysis of IRS 990 filings, Hospice Volunteers Of Waterville Area (EIN: 222503856) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Hospice Volunteers Of Waterville Area a good charity to donate to?
Hospice Volunteers Of Waterville Area has a Mission Score of 85/100. Revenue: $103K. Assets: $379K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hospice Volunteers Of Waterville Area?
The Employer Identification Number (EIN) for Hospice Volunteers Of Waterville Area is 222503856. 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 Hospice Volunteers Of Waterville Area spend its money?
Hospice Volunteers Of Waterville Area allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hospice Volunteers Of Waterville Area's tax-exempt status?
You can verify Hospice Volunteers Of Waterville Area's tax-exempt status using EIN 222503856 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
Hospice Volunteers Of Waterville Area is a human services nonprofit based in Waterville, Maine, with reported revenue of $103K and assets of $379K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. - Financial filings are consistently available on an annual basis.
- The organization's Form 990-EZ provides limited detail compared to a full Form 990.
- No specific transparency report or detailed impact report is readily available. The organization reports zero compensation for officers, directors, trustees, and key employees, indicating a volunteer-led executive structure. Revenue has declined -25% across 14 filing periods.