Is Maine Better Transportation Educational Foundation Legit?
Quick charity verification for Maine Better Transportation Educational Foundation (EIN: 10513594)
Verdict: Maine Better Transportation Educational Foundation appears trustworthy
95/100Mission Score
$285KRevenue
$986KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown in provided data makes precise program vs. admin allocation difficult without full 990 forms.
Strengths
Exceptional financial efficiency with expenses consistently well below revenue.
Strong and consistent asset growth, reaching $912,761 in 2023.
Zero officer compensation, indicating a volunteer-driven leadership and high dedication to mission.
No reported liabilities in recent years, demonstrating strong financial health.
Consistent IRS 990 filing history, indicating good transparency.
Spending Breakdown
How Maine Better Transportation Educational Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Better Transportation Educational Foundation
Is Maine Better Transportation Educational Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Better Transportation Educational Foundation (EIN: 10513594) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Maine Better Transportation Educational Foundation a good charity to donate to?
Maine Better Transportation Educational Foundation has a Mission Score of 95/100. Revenue: $285K. Assets: $986K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Better Transportation Educational Foundation?
The Employer Identification Number (EIN) for Maine Better Transportation Educational Foundation is 10513594. 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 Better Transportation Educational Foundation spend its money?
Maine Better Transportation Educational Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Better Transportation Educational Foundation's tax-exempt status?
You can verify Maine Better Transportation Educational Foundation's tax-exempt status using EIN 10513594 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 Better Transportation Educational Foundation demonstrates strong financial health with consistently growing assets, reaching $912,761 in 2023. The organization maintains a very efficient spending profile, with expenses significantly lower than revenue in most years, leading to substantial asset accumulation. For instance, in 2022, revenue was $115,223 while expenses were only $47,473. This indicates a strong capacity to retain funds and build reserves. The foundation's transparency is excellent, as evidenced by its consistent filing of IRS Form 990s and zero reported liabilities in recent years, suggesting sound financial management and no outstanding debts. The absence of officer compensation further enhances its transparency and commitment to mission-focused spending.