Quick charity verification for Maine Beverage Distributors Assoc Inc (EIN: 16021180)
Verdict: Maine Beverage Distributors Assoc Inc appears trustworthy
85/100Mission Score
$199KRevenue
$33KAssets
1Red Flags
4Strengths
Red Flags
NTEE Code is unknown, which can make it difficult to benchmark against similar organizations.
Strengths
Consistent reporting of zero liabilities across all filings, indicating strong financial health.
No reported officer compensation, suggesting efficient use of funds for mission-related activities.
Stable financial performance with expenses generally aligned with revenue, avoiding significant deficits.
Positive net assets maintained consistently over the years.
Spending Breakdown
How Maine Beverage Distributors Assoc Inc 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 Beverage Distributors Assoc Inc
Is Maine Beverage Distributors Assoc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Beverage Distributors Assoc Inc (EIN: 16021180) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Maine Beverage Distributors Assoc Inc a good charity to donate to?
Maine Beverage Distributors Assoc Inc has a Mission Score of 85/100. Revenue: $199K. Assets: $33K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Beverage Distributors Assoc Inc?
The Employer Identification Number (EIN) for Maine Beverage Distributors Assoc Inc is 16021180. 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 Beverage Distributors Assoc Inc spend its money?
Maine Beverage Distributors Assoc Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Beverage Distributors Assoc Inc's tax-exempt status?
You can verify Maine Beverage Distributors Assoc Inc's tax-exempt status using EIN 16021180 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 Beverage Distributors Assoc Inc operates with a relatively stable financial position, consistently maintaining positive net assets, though these are modest given its annual revenue. For instance, in 2023, assets were $42,636 against revenues of $208,581. The organization's spending efficiency appears to be reasonable, with expenses generally tracking closely to revenue, indicating a lean operational model. There are no reported liabilities across the filings, which is a strong indicator of financial stability and responsible management. The absence of officer compensation reported across all available filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can be a positive for donor confidence, though it might also indicate a lack of transparency if significant compensation is being paid through other means not captured in 'officer compensation'.
The organization's financial health shows minor fluctuations in revenue and expenses over the years, but no significant deficits that would threaten its solvency. For example, in 2021, expenses ($150,587) slightly exceeded revenue ($133,031), but this was an anomaly, with most years showing a slight surplus or near break-even. The consistent reporting of zero liabilities is a significant strength, demonstrating sound financial management and a lack of debt burden. Overall, the organization appears to be financially stable and transparent in its basic financial reporting, particularly regarding its balance sheet.