Is Maine Chapter American Institute Of Architects Legit?
Quick charity verification for Maine Chapter American Institute Of Architects (EIN: 10418932)
Verdict: Maine Chapter American Institute Of Architects appears trustworthy
85/100Mission Score
$515KRevenue
$570KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent positive net assets, with assets of $515,386 significantly exceeding liabilities of $2,401 in 2023.
Zero officer compensation reported across all 13 filings, indicating high efficiency in leadership costs.
Significant revenue growth in 2023 to $393,035, demonstrating increased financial capacity.
Consistent surplus in the latest period, with revenue of $393,035 far exceeding expenses of $199,989.
Long history of IRS 990 filings (13 periods), indicating consistent transparency and compliance.
AI Transparency Report
The Maine Chapter American Institute Of Architects demonstrates a generally healthy financial position, with assets consistently exceeding liabilities across all reported periods. The organization's revenue has shown significant fluctuations, with a notable spike to $393,035 in 2023, up from $128,172 in 2022. This recent surge in revenue, coupled with expenses of $199,989 in 2023, indicates a strong surplus for the latest period. The organization consistently reports 0% officer compensation, which is a positive indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. While the NTEE code is unknown, making a direct comparison to peer organizations difficult, the overall financial trends suggest prudent management and a capacity to grow its programs. The consistent filing of IRS 990 forms over 13 periods reflects a commitment to transparency.