Is Kennebec Valley Community Action Program…

Quick charity verification for Kennebec Valley Community Action Program (EIN: 10277678)

Strengths

Consistent revenue surpluses, indicating financial stability (e.g., $46,655,834 revenue vs. $43,725,041 expenses in 2023).
Significant growth in assets over the past decade, demonstrating increased capacity (from $17,732,741 in 2014 to $20,584,554 in 2023).
Zero reported officer compensation across all filings, suggesting high efficiency and dedication of resources to programs.
Long and consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
Healthy asset-to-liability ratio, reflecting strong financial solvency (e.g., 2023 assets are more than double liabilities).

Spending Breakdown

How Kennebec Valley Community Action Program allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Kennebec Valley Community Action Program

Is Kennebec Valley Community Action Program a legitimate charity?

Based on AI analysis of IRS 990 filings, Kennebec Valley Community Action Program (EIN: 10277678) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Kennebec Valley Community Action Program a good charity to donate to?

Kennebec Valley Community Action Program has a Mission Score of 92/100. Revenue: $42.4M. Assets: $17.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kennebec Valley Community Action Program?

The Employer Identification Number (EIN) for Kennebec Valley Community Action Program is 10277678. 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 Kennebec Valley Community Action Program spend its money?

Kennebec Valley Community Action Program allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kennebec Valley Community Action Program's tax-exempt status?

You can verify Kennebec Valley Community Action Program's tax-exempt status using EIN 10277678 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

Kennebec Valley Community Action Program (KVCAP) demonstrates consistent financial health, with revenues generally exceeding expenses over the past several years, leading to growth in assets. For example, in 2023, revenue was $46,655,834 against expenses of $43,725,041, contributing to an increase in assets to $20,584,554. The organization's asset base has shown significant growth, more than doubling from $8,435,251 in 2019 to $20,584,554 in 2023, indicating sound financial management and capacity building. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing resources towards its mission, and potentially a volunteer or very low-paid executive leadership structure, which enhances its transparency and public trust.

While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial picture suggests efficient operations given the consistent surplus. The organization's NTEE code P200 (Community Development Corporations) implies a focus on direct community benefit, and the growth in revenue from $16,010,034 in 2014 to $46,655,834 in 2023 indicates a growing capacity to serve its community. The consistent filing history over 13 periods further underscores its commitment to transparency and regulatory compliance.

Is Kennebec Valley Community Action Program Legit?

Verdict: Kennebec Valley Community Action Program appears trustworthy