Quick charity verification for Maine Association Of Nonprofits (EIN: 10488538)
Verdict: Maine Association Of Nonprofits appears trustworthy
85/100Mission Score
$1.0MRevenue
$905KAssets
2Red Flags
3Strengths
Red Flags
Operating deficit in the latest fiscal year (202312), with expenses exceeding revenue by $218,630.
Increase in liabilities from $209,198 in 202212 to $259,229 in 202312, which could indicate growing financial obligations.
Strengths
Consistent 0% officer compensation across all reported filings, demonstrating exceptional financial transparency and efficiency at the leadership level.
Significant long-term growth in assets, from $153,405 in 201512 to $794,461 in 202312, indicating financial stability and resource accumulation.
History of strong revenue generation, with revenue exceeding $1 million in 202212 and $800,000 in several other years.
Spending Breakdown
How Maine Association Of Nonprofits 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 Association Of Nonprofits
Is Maine Association Of Nonprofits a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Association Of Nonprofits (EIN: 10488538) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Maine Association Of Nonprofits a good charity to donate to?
Maine Association Of Nonprofits has a Mission Score of 85/100. Revenue: $1.0M. Assets: $905K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Association Of Nonprofits?
The Employer Identification Number (EIN) for Maine Association Of Nonprofits is 10488538. 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 Association Of Nonprofits spend its money?
Maine Association Of Nonprofits allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Association Of Nonprofits's tax-exempt status?
You can verify Maine Association Of Nonprofits's tax-exempt status using EIN 10488538 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 Association Of Nonprofits demonstrates a generally stable financial profile, though recent trends warrant attention. In the latest filing (202312), the organization reported expenses of $1,051,938 exceeding revenue of $833,308, resulting in a deficit. This contrasts with the prior period (202212) where revenue significantly outpaced expenses ($1,133,663 vs. $907,133). While assets have grown over the long term, reaching $794,461 in 202312, the increase in liabilities to $259,229 in the same period, up from $209,198 in 202212, suggests a need for careful financial management.
The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances public trust and suggests efficient use of resources at the leadership level. However, the recent operating deficit could impact future program delivery if not addressed.
Overall, while the organization exhibits strong transparency regarding executive pay and has built up assets, the recent negative operating margin and increasing liabilities are areas to monitor. A return to positive operating margins, as seen in previous years, would solidify its financial health and ensure sustainable program delivery.