Quick charity verification for Katahdin Area Support Group (EIN: 10443818)
Verdict: Katahdin Area Support Group appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial health with consistent asset growth, reaching $107,989 in 202012.
Excellent spending efficiency, with expenses ($9,945) being a small percentage of revenue ($67,841) in the latest filing.
Zero liabilities reported across all filings, indicating strong financial stability and low risk.
0% officer compensation, suggesting a volunteer-driven model and efficient use of funds for programs.
Consistent positive net assets over the past decade.
Spending Breakdown
How Katahdin Area Support Group allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Katahdin Area Support Group
Is Katahdin Area Support Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Katahdin Area Support Group (EIN: 10443818) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Katahdin Area Support Group a good charity to donate to?
Katahdin Area Support Group has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Katahdin Area Support Group?
The Employer Identification Number (EIN) for Katahdin Area Support Group is 10443818. 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 Katahdin Area Support Group spend its money?
Katahdin Area Support Group allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Katahdin Area Support Group's tax-exempt status?
You can verify Katahdin Area Support Group's tax-exempt status using EIN 10443818 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
Katahdin Area Support Group demonstrates a generally healthy financial position, particularly in its most recent filing (202012) where it reported $67,841 in revenue against only $9,945 in expenses, leading to a significant increase in assets to $107,989. This indicates strong financial management and an ability to build reserves. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk. While the organization's revenue has fluctuated over the years, the recent period shows a very efficient use of funds, with expenses being a small fraction of revenue. The absence of officer compensation also suggests a volunteer-driven model, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs.