How Maine Aggregate Association Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Aggregate Association Inc
Is Maine Aggregate Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Aggregate Association Inc (EIN: 10489636) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Maine Aggregate Association Inc a good charity to donate to?
Maine Aggregate Association Inc has a Mission Score of 85/100. Revenue: $105K. Assets: $171K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Aggregate Association Inc?
The Employer Identification Number (EIN) for Maine Aggregate Association Inc is 10489636. 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 Aggregate Association Inc spend its money?
Maine Aggregate Association Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Aggregate Association Inc's tax-exempt status?
You can verify Maine Aggregate Association Inc's tax-exempt status using EIN 10489636 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 Aggregate Association Inc. demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past five years, the organization has shown a positive trend in asset growth, increasing from $55,592 in 2019 to $148,853 in 2023. Its revenue has fluctuated but generally remained above expenses, indicating sound financial management. For instance, in 2023, revenue was $93,163 against expenses of $81,593, resulting in a surplus. The organization consistently reports zero liabilities, which is a strong indicator of financial health and low risk.
Spending efficiency appears to be reasonable, with expenses generally tracking below revenue. The absence of officer compensation reported across all filings suggests that the organization is likely run by volunteers or that compensation is minimal and not reported in this category, which can contribute to lower administrative costs. However, without a detailed breakdown of program versus administrative expenses, a precise assessment of spending efficiency is challenging. The organization's consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency.
Overall, the Maine Aggregate Association Inc. appears to be a financially stable and responsibly managed organization. Its consistent asset growth, lack of liabilities, and regular financial reporting are positive indicators. Further insight into the allocation of expenses between program services and administrative functions would provide a more complete picture of its operational efficiency.