Is Maine Association Of Public Housing Directors Legit?
Quick charity verification for Maine Association Of Public Housing Directors (EIN: 10529064)
Verdict: Maine Association Of Public Housing Directors appears trustworthy
75/100Mission Score
$83KRevenue
$31KAssets
2Red Flags
3Strengths
Red Flags
Significant fluctuation in assets and liabilities, particularly the large liability in 2023 ($168,023) relative to assets ($197,713).
Periods of deficit spending, such as in 2020 ($68,638 revenue vs. $86,270 expenses) and 2019 ($128,180 revenue vs. $140,223 expenses), which could indicate unsustainable operations if prolonged.
Strengths
Consistent IRS 990 filing history, indicating good transparency and compliance.
No reported officer compensation, suggesting efficient use of funds directly for the mission.
Generally positive net assets in most years, indicating financial solvency despite fluctuations.
Spending Breakdown
How Maine Association Of Public Housing Directors allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Public Housing Directors
Is Maine Association Of Public Housing Directors a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Association Of Public Housing Directors (EIN: 10529064) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Maine Association Of Public Housing Directors a good charity to donate to?
Maine Association Of Public Housing Directors has a Mission Score of 75/100. Revenue: $83K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Association Of Public Housing Directors?
The Employer Identification Number (EIN) for Maine Association Of Public Housing Directors is 10529064. 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 Public Housing Directors spend its money?
Maine Association Of Public Housing Directors allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Association Of Public Housing Directors's tax-exempt status?
You can verify Maine Association Of Public Housing Directors's tax-exempt status using EIN 10529064 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 Public Housing Directors demonstrates a consistent operational pattern with revenues generally covering expenses, though there have been periods of deficit spending, such as in 2020, 2019, 2018, and 2017. The organization's assets have fluctuated significantly, from a low of $468 in 2020 to a high of $197,713 in 2023, indicating variability in financial stability or project-specific funding. Liabilities also saw a substantial increase in 2023 to $168,023, which warrants closer examination to understand its nature.
Spending efficiency appears reasonable given the scale of operations, with no reported officer compensation, suggesting that resources are directed towards the organization's mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The organization's revenue streams have been somewhat volatile, ranging from $21,850 in 2021 to $128,180 in 2019, which could impact long-term planning and program delivery.
Transparency is generally good, as evidenced by the consistent filing of IRS Form 990s over 14 periods. The absence of officer compensation is a positive indicator of resource allocation. However, the significant swings in assets and liabilities, particularly the large liability in 2023, could benefit from further clarification in public disclosures to enhance understanding of the organization's financial health and any potential long-term commitments or obligations.