Is Maine Antique Tractor Club Inc Legit? —…

Quick charity verification for Maine Antique Tractor Club Inc (EIN: 200820377)

Spending Breakdown

How Maine Antique Tractor Club Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Antique Tractor Club Inc

Is Maine Antique Tractor Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Maine Antique Tractor Club Inc (EIN: 200820377) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Maine Antique Tractor Club Inc a good charity to donate to?

Maine Antique Tractor Club Inc has a Mission Score of 85/100. Revenue: $46K. Assets: $194K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Maine Antique Tractor Club Inc?

The Employer Identification Number (EIN) for Maine Antique Tractor Club Inc is 200820377. 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 Antique Tractor Club Inc spend its money?

Maine Antique Tractor Club Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Maine Antique Tractor Club Inc's tax-exempt status?

You can verify Maine Antique Tractor Club Inc's tax-exempt status using EIN 200820377 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 Antique Tractor Club Inc. demonstrates consistent revenue generation, typically in the $30,000-$40,000 range annually, with a notable spike in 2020 to nearly $70,000. The organization's financial health shows some volatility in expenses, with significant outflows in 2017 ($85,394) and 2023 ($68,973) that exceeded revenue, leading to net losses in those years. Despite these fluctuations, the organization maintains a healthy asset base, growing from $116,018 in 2014 to $193,764 currently, indicating good long-term financial stability. Liabilities have also shown variability, peaking at $138,394 in 2017, but have generally been managed.

Spending efficiency appears to be generally good, with expenses often below revenue, allowing for asset accumulation. However, the large expense years suggest potential for significant project-based spending or capital investments that temporarily impact the operating surplus. The consistent reporting of 0% officer compensation across all filings is a strong indicator of volunteer-driven leadership, which enhances spending efficiency by minimizing administrative overhead related to salaries. This also contributes positively to transparency, as it clearly shows resources are not being diverted to executive pay.

Overall, the organization appears to be financially stable with a strong volunteer base. The fluctuations in expenses and liabilities warrant closer examination to understand the nature of these expenditures and their impact on the organization's mission delivery. The consistent filing of IRS 990 forms over 16 periods demonstrates a commitment to transparency.

Is Maine Antique Tractor Club Inc Legit?

Verdict: Maine Antique Tractor Club Inc appears trustworthy

Red Flags

Strengths