Is Maine Adult Education Association Legit?…

Quick charity verification for Maine Adult Education Association (EIN: 10482994)

Spending Breakdown

How Maine Adult Education Association allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

15%

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 Maine Adult Education Association

Is Maine Adult Education Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Maine Adult Education Association (EIN: 10482994) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.

Is Maine Adult Education Association a good charity to donate to?

Maine Adult Education Association has a Mission Score of 88/100. Revenue: $179K. Assets: $251K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Maine Adult Education Association?

The Employer Identification Number (EIN) for Maine Adult Education Association is 10482994. 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 Maine Adult Education Association spend its money?

Maine Adult Education Association allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Maine Adult Education Association's tax-exempt status?

You can verify Maine Adult Education Association's tax-exempt status using EIN 10482994 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 Maine Adult Education Association demonstrates consistent financial activity, with revenues and expenses generally fluctuating around the $100,000 - $200,000 range over the past decade. The organization's assets have shown a steady increase, reaching $230,178 in the most recent filing (Period 202406), indicating a stable financial position. Liabilities have also been managed, with the most recent filing showing $27,860, which is a reasonable proportion of assets.

Spending efficiency appears to be a strength, as the organization consistently reports 0% officer compensation across all available filings, suggesting that resources are directed towards its mission rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation is a positive indicator of efficient resource allocation. The organization's revenue has fluctuated, with a notable dip to $114,071 in 202406 from $222,691 in 202306, which warrants monitoring.

Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of financial metrics. The consistent reporting of 0% officer compensation enhances trust and indicates a volunteer-led or very lean administrative structure. The organization's ability to maintain positive net assets over time, despite some years where expenses exceeded revenue (e.g., 202406 with expenses of $155,263 against revenue of $114,071), suggests prudent financial management and reserves.

Is Maine Adult Education Association Legit?

Verdict: Maine Adult Education Association appears trustworthy

Red Flags

Strengths