Is Maine Association Of Professional Accountants Legit?
Quick charity verification for Maine Association Of Professional Accountants (EIN: 222492611)
Verdict: Maine Association Of Professional Accountants appears trustworthy
75/100Mission Score
$93KRevenue
$333KAssets
3Red Flags
2Strengths
Red Flags
Spending breakdown shows 40% on admin/fundraising, which may be high for an organization of this size.
Absence of detailed program descriptions raises questions about impact and effectiveness.
Lack of audited financial statements reduces confidence in financial reporting accuracy.
Strengths
Strong asset base of $332,725 relative to $92,965 in revenue, indicating financial stability.
Clear mission to support professional accountants in Maine.
Spending Breakdown
How Maine Association Of Professional Accountants allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
20%
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 Professional Accountants
Is Maine Association Of Professional Accountants a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Association Of Professional Accountants (EIN: 222492611) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
Is Maine Association Of Professional Accountants a good charity to donate to?
Maine Association Of Professional Accountants has a Mission Score of 75/100. Revenue: $93K. Assets: $333K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Association Of Professional Accountants?
The Employer Identification Number (EIN) for Maine Association Of Professional Accountants is 222492611. 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 Professional Accountants spend its money?
Maine Association Of Professional Accountants allocates 60% to programs, 20% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Association Of Professional Accountants's tax-exempt status?
You can verify Maine Association Of Professional Accountants's tax-exempt status using EIN 222492611 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
Maine Association Of Professional Accountants is a unknown nonprofit based in Windham, Maine, with reported revenue of $93K and assets of $333K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 60% of spending goes to programs, 20% to administration, and 20% to fundraising. Executive compensation details are not explicitly itemized in available filings, making it difficult to assess fairness relative to the organization's $92,965 revenue.