Quick charity verification for Little Sebago Lake Association (EIN: 10437253)
Verdict: Little Sebago Lake Association appears trustworthy
95/100Mission Score
$294KRevenue
$677KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $105,623 in 2017 to $266,549 in 2023.
Strong asset accumulation, growing from $282,031 in 2017 to $606,400 in 2023.
Zero liabilities reported across all 13 filing periods, indicating excellent financial stability.
0% officer compensation reported in all filings, demonstrating a highly efficient, volunteer-led model.
Expenses consistently well below revenue, allowing for significant surpluses and asset growth (e.g., 2023 expenses $147,247 vs. revenue $266,549).
Spending Breakdown
How Little Sebago Lake Association 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 Little Sebago Lake Association
Is Little Sebago Lake Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Little Sebago Lake Association (EIN: 10437253) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Little Sebago Lake Association a good charity to donate to?
Little Sebago Lake Association has a Mission Score of 95/100. Revenue: $294K. Assets: $677K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Little Sebago Lake Association?
The Employer Identification Number (EIN) for Little Sebago Lake Association is 10437253. 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 Little Sebago Lake Association spend its money?
Little Sebago Lake Association allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Little Sebago Lake Association's tax-exempt status?
You can verify Little Sebago Lake Association's tax-exempt status using EIN 10437253 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
The Little Sebago Lake Association demonstrates strong financial health and a clear commitment to its mission, as evidenced by its IRS 990 filings. The organization has consistently maintained zero liabilities across all reported periods, indicating excellent financial management and stability. Revenue has shown a significant upward trend, more than doubling from $105,623 in 2017 to $266,549 in 2023, while assets have also grown substantially from $282,031 to $606,400 over the same period. This growth suggests increasing community support and effective fundraising efforts.
The association's spending efficiency appears robust, with expenses generally well below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $147,247 against revenues of $266,549, resulting in a substantial surplus. The consistent reporting of 0% officer compensation across all filings highlights a volunteer-driven leadership model, which significantly reduces administrative overhead and maximizes resources for programmatic activities. This practice strongly contributes to the organization's overall efficiency and transparency.
Given the NTEE code C32 (Environmental Protection & Conservation), the lack of officer compensation and consistent asset growth strongly suggest that the vast majority of funds are directed towards the organization's environmental protection and conservation programs for Little Sebago Lake. The consistent filing of IRS 990s over 13 periods further demonstrates a commitment to transparency and accountability.