Is Maine Association Of Student Financial Aid Administrators Legit?
Quick charity verification for Maine Association Of Student Financial Aid Administrators (EIN: 223027064)
Verdict: Maine Association Of Student Financial Aid Administrators shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths
Red Flags
Consistent reporting of $0 for officer, director, trustee, and key employee compensation across all years, which could obscure actual operational costs or indicate a fully volunteer-run organization without clear disclosure.
Lack of detailed narrative on program activities and impact in available filings makes it difficult to assess the effectiveness of their mission.
Minimal public information beyond basic IRS filings, limiting comprehensive analysis of governance and operations.
Strengths
Consistent revenue generation over multiple years, indicating stable operations.
Maintains a healthy asset base relative to its revenue, suggesting financial stability.
Low reported expenses relative to revenue, potentially indicating efficient operations or a focus on accumulating assets.
Spending Breakdown
How Maine Association Of Student Financial Aid Administrators 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 Student Financial Aid Administrators
Is Maine Association Of Student Financial Aid Administrators a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Association Of Student Financial Aid Administrators (EIN: 223027064) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Maine Association Of Student Financial Aid Administrators a good charity to donate to?
Maine Association Of Student Financial Aid Administrators has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Association Of Student Financial Aid Administrators?
The Employer Identification Number (EIN) for Maine Association Of Student Financial Aid Administrators is 223027064. 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 Student Financial Aid Administrators spend its money?
Maine Association Of Student Financial Aid Administrators 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 Student Financial Aid Administrators's tax-exempt status?
You can verify Maine Association Of Student Financial Aid Administrators's tax-exempt status using EIN 223027064 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 Student Financial Aid Administrators is a unknown nonprofit based in Waterville, Maine, with reported revenue of $0 and assets of $0. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or compensation is not reported in a standard manner for key employees. Revenue has grown +10% across 10 filing periods.