Quick charity verification for Machias Bay Chamber Concerts Inc (EIN: 10369822)
Verdict: Machias Bay Chamber Concerts Inc shows mixed signals
55/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths
Red Flags
Lack of recent financial filings (only one from 2011)
Current reported revenue and assets of $0, conflicting with historical data and suggesting potential inactivity or data gap
Limited financial transparency due to outdated information
Strengths
No reported officer compensation in 2011, suggesting volunteer-driven operations
Stable financial position in 2011 with no liabilities reported
Operated near break-even in 2011, indicating responsible financial management at that time
Spending Breakdown
How Machias Bay Chamber Concerts Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Machias Bay Chamber Concerts Inc
Is Machias Bay Chamber Concerts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Machias Bay Chamber Concerts Inc (EIN: 10369822) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is Machias Bay Chamber Concerts Inc a good charity to donate to?
Machias Bay Chamber Concerts Inc has a Mission Score of 55/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Machias Bay Chamber Concerts Inc?
The Employer Identification Number (EIN) for Machias Bay Chamber Concerts Inc is 10369822. 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 Machias Bay Chamber Concerts Inc spend its money?
Machias Bay Chamber Concerts Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Machias Bay Chamber Concerts Inc's tax-exempt status?
You can verify Machias Bay Chamber Concerts Inc's tax-exempt status using EIN 10369822 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
Machias Bay Chamber Concerts Inc appears to be a very small, community-focused organization based on its single available IRS 990 filing from 2011. In that period, the organization reported $27,039 in revenue and $27,208 in expenses, indicating it operated near break-even. With assets of $55,259 and no liabilities, its financial position was stable, albeit modest. The lack of more recent filings makes a current assessment difficult, and the reported $0 revenue and assets for the latest period suggest either inactivity or a change in filing requirements/status, which impacts transparency.
The organization's spending efficiency cannot be fully determined without a detailed breakdown of expenses from the 2011 filing. However, the absence of officer compensation reported in 2011 suggests a volunteer-driven or very lean operational model. The primary concern for transparency is the lack of updated financial information, as the most recent data provided shows zero revenue and assets, which contradicts the 2011 filing and leaves a significant gap in understanding its current financial health and operations.